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Caterpillar buys little-known AI startup in surprise tech move

Shares of Caterpillar (CAT) fell roughly 3% on Tuesday, March 15, after news broke that the industrial equipment company acquired a venture-backed startup focused on electric and autonomous off-road vehicles. Here’s what Caterpillar’s acquisition could mean for the business and CAT stock moving forward. Caterpillar buys “a data platform on wheels” Caterpillar acquired Monarch Tractor,

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Allbirds bizarre pivot from shoes to AI proves that the market still cares more about AI than geopolitical unsettle

Shoe company Allbirds was down 99% from its $4 billion peak valuation in 2021, doomed for the dustbin. In a last ditch, it’s selling the scraps and entertaining a new business vertical: AI. No, it’s not April Fool’s Day. This morning, the ailing firm announced it sold its “intellectual property and other assets” to a

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Target is selling a $350 storage cabinet for $100 with 5 compartments and both open and hidden storage

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal The beauty of storage is that there are so many options to choose from. There are narrow storage cabinets that fit into small spaces, over-the-door organizers

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36-year-old retailer shuts down website as all stores face closure

Long-established retail brands were once viewed as resilient pillars of the global economy, anchoring shopping districts, malls, and high streets while delivering consistent demand across economic cycles. However, the retail sector has undergone drastic changes. Rising operational costs, evolving consumer expectations, and the rapid expansion of e-commerce have placed significant pressure on traditional brick-and-mortar models.

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