Visa Inc. (V) is facing scrutiny from the Department of Justice over an arrangement with PayPal Holdings Inc. (PYPL) that was struck years ago, Bloomberg Law reported earlier Tuesday. In the early days following PayPal’s spinoff from eBay Inc. (EBAY) the digital-payments company preferred that users paid with their bank accounts rather than with credit or debit cards because of the fees associated with card payments, but PayPal ultimately struck partnerships with the networks that meant it wouldn’t steer customers toward account-funded methods. Read More...
Motley Fool
Why C3.AI Stock Was Soaring Today
Shares of C3.AI (NYSE: AI) surged Tuesday morning after the artificial intelligence-based software company announced the launch of its new C3 Generative AI Product suite, which includes C3 Generative AI for Enterprise Search. Generative AI describes a form of artificial intelligence that can be used to create content such as code, text, or images, like OpenAI’s ChatGPT and DALL-E. C3.AI describes its Generative AI for Enterprise Search as “a transformative user experience using a natural language interface to rapidly locate, retrieve, and present all relevant data across the entire corpus of enterprise’s information systems.”
