Chavi Mehta

Nov 28, 2024 | insideretail.asia | Lina Jang |Celene Ignacio |M. Sriram |Chavi Mehta

“All cosmetic samples for just 10,000 won (US$7.2) .” Such listings have become increasingly common on Danggeun Market, South Korea’s popular secondhand trading platform, reflecting a growing divide in the nation’s beauty market amid persistent inflation. While some consumers hunt for bargain cosmetics and sample-size products, others flock to luxury brands like Prada Beauty, which opened its first South Korean store in August despite economic headwinds.

Nov 28, 2024 | insideretail.asia | Sean Cao |Celene Ignacio |M. Sriram |Chavi Mehta

A group of lenders have acquired certain assets of Tupperware to help the kitchenware brand emerge from bankruptcy. Party Products, a company formed by the lenders, has bought the global rights to the Tupperware brand name, related intellectual property, and its operations in core markets. Party Products said it will initially focus on operating Tupperware in certain core markets, which include the US, Canada, Mexico, Brazil, China, Korea, India and Malaysia according to previous plans.

Aug 3, 2024 | ca.news.yahoo.com | Aditya Soni |Chavi Mehta

Big Tech's "Year of Efficiency" may be over but recent layoffs at Google and Amazon have signaled the firms will keep cutting jobs in 2024 as they make big investments in generative AI. Alphabet suggested that last week, saying it plans to invest in its "biggest priorities" as the Google parent laid off around a thousand employees across multiple divisions, including in its voice assistant unit and team responsible for Pixel and Fitbit. "No company wants to get left behind by the AI revolution and they are all making sure they have these capabilities and are prioritizing them, even when it is at the expense of other initiatives," D.A. Davidson & Co analyst Gil Luria said.

Jan 18, 2024 | entrepreneurnews.co.uk | Johnathan Brickson |Divya Chowdhury |Savio Shetty |Chavi Mehta

© Reuters. A keyboard is seen reflected on a computer screen displaying the website of ChatGPT, an AI chatbot from OpenAI, in this illustration picture taken February 8, 2023.

Jan 18, 2024 | wdsm710.com | Divya Chowdhury |Savio Shetty |Chavi Mehta

By Divya Chowdhury, Savio Shetty and Chavi MehtaDAVOS, Switzerland (Reuters) – U.S. edutech platform Coursera added a new user every minute on average for its artificial intelligence courses in 2023, CEO Jeff Maggioncalda said on Thursday, in a clear sign of people upskilling to tap a potential boom in generative AI. The technology behind OpenAI’s ChatGPT has taken the world by a storm and sparked a race among companies to roll out their own versions of the viral chatbot.