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Apple, Others Face Patent Claim From Firm Over Hands-Free, Voice Operated Devices

PYMNTS

The company claims the firms are using its 2002 patent for a hands-free, voice operated, remote-control transmitter, according to a report from CultofMac.com. Apple, Microsoft and Samsung are facing litigation from California-based SpeakWare that accuses the technology firms of patent infringement.

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Zycus Expands Procure-To-Pay Automation With AI

PYMNTS

Zycus has been working in AI technology for over 20 years, and its first patent was filed in 2002 using the tech. Zycus’ Merlin AI Suite will take important steps toward AI-led intelligent procurement and will be a “game changer” for procurement and AP operations, the press release states.

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How Banks Can Better Use Grid-Based Pricing

South State Correspondent

The graph below shows the Fed’s balance sheet from 2002 to the present. The key takeaways from the above grid-based pricing and deposit relationship are as follows: The majority of the value to the bank is created in the combined operating and business savings accounts. The Fed is reducing its balance sheet by $95B/mo, or $1.1T

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Coronavirus Crippling $1.7T Tourism Sector

PYMNTS

Previous travel industry downturns were triggered by the 9/11 terrorist attacks in 2001, the SARS pandemic in 2002 and the Iraq war in 2003. We had our ups and downs in the past, but nothing like this,” said Roberto Cassani, 58, president of the Como hotel operators’ association.

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Supply Chain Bottlenecks Impact Shipments To Stores, Warehouses

PYMNTS

The executive also noted that operations at the firm’s storage facilities and those of wholesale clients “have been slower just due to some labor shortages and other disruption due to Covid.”. In August, international container shipping volumes were up 34.2 percent as compared to February, WSJ reported, citing Container Trade Statistics.

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Australia To Test Coronavirus Vaccine; US Doctor Claims To Have Potential Cure

PYMNTS

At the same time, The New York Post reported Jacob Glanville, who operates Distributed Bio, a San Francisco biotechnology group, tweeted that a new antibody therapy, which works by blocking the coronavirus from infecting human cells, is a potential cure for the deadly bug that has swept the globe. Our poll found that 31.7

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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

PYMNTS

True Religion was founded in 2002 with a headquarters in Malibu Beach, California. The retailer has around 100 stores still operating in the U.S. Data from S&P Global Market Intelligence listed department stores as the highest likely candidates to default on debt , with a 42 percent chance of doing so.

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