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friction

Bolt targets merchant friction with stablecoins, one-click onboarding

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The Bolt Connect platform slashes merchant onboarding to a single click, while stablecoin integration promises near-instant, low-cost global payouts. The move could redefine how digital marketplaces scale. Bolt Financial Inc., the one-click checkout platform that recently partnered with billionaire Peter Thiel’s data analytics firm Palantir Technologies to deliver AI-enhanced payments, has announced two updates targeting … Read more

States offer big incentives for data centers, but huge land, power, water needs create local friction

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The explosive growth of the data centers needed to power America’s fast-rising demand for artificial intelligence and cloud computing platforms has spurred states to dangle incentives in hopes of landing an economic bonanza, but it’s also eliciting pushback from lawmakers and communities. Activity in state legislatures — and competition for data centers — has been … Read more

A Kohl’s board member resigned because she was ‘continually disappointed’ by governance and a lack of transparency. The retailer denies there was any friction

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The drama at Kohl’s continues. Just days after CEO Ashley Buchanan was fired over striking a “highly unusual” deal with a vendor he had a personal relationship with, a board member has resigned. Christine Day, who previously served as CEO of athletic wear company Lululemon, filed her resignation letter on May 5, just four days after … Read more

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