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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. In fact, by 2030, the National Restaurant Association expects that technology could completely change the face of dining.

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FBI Hot On Syrian Money Laundering Trail

PYMNTS

The Justice Department said on Tuesday (March 22) that it has charged three Syrian nationals — each of them identified as being members (current or former) of the Syrian Electronic Army (SEA) — with counts of hacking and conspiracy. by gaining access to computers and then effectively holding users hostage until money changed hands.

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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. Retailers in high-tax states have largely not been able to build themselves up or expand online beyond their local markets to the same extent, Rogers said. .

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The Big Bucks Behind Sleep (Or Lack Thereof)

PYMNTS

But somehow, we are a nation of chronically under-rested people. The pods set up shop in places where the nap-needing tend to gather – university campuses and office spaces being their two main sweet spots – and offer the chance to book a 20-minute to two-hour nap online or on mobile with a few clicks or taps.

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Game-Changing Tech Or Dystopian Nightmare? How 16 Industries Could Be Transformed By Facial Recognition

CB Insights

Facial recognition, for example, could capture what a shopper is looking at, and enable retailers to later serve up related promotions to the shopper via email or online ads. Banks are beginning to use facial recognition as secure login tools for customers using their online banking sites and apps. Social Media/Entertainment.

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The Real Hunger Games: A Battle Royale In The Grocery Aisles

PYMNTS

Once the 24 competitors (tributes) get to the games, they then battle to the death for a national audience that is required by law to watch the games. online grocery sales since 2017, the largest share of any single retailer and double its closest competitor. According to the Harris Poll, Amazon is the most trusted U.S. Weaknesses.

Branding 101
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From China With Love: AI, Robotics, AR/VR Are Hot Areas For Chinese Investment In US

CB Insights

In May, Tencent opened an AI research lab in Seattle focused on speech recognition as it looks to apply AI research to its social media, online games, and cloud services. The business social graph below highlights Tencent’s US AI investments over the period; each green line represents one round of funding.

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