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2025-08-04 21:00:00| Fast Company

With the White House Rose Garden grass ripped out and replaced with a brand new stone patio, the Mar-a-Lago-ification of the White House has reached a new phase. After returning to office for a second term, President Donald Trump quickly took to updating White House interiors to better match his maximalist, rococo aesthetic with elements like gold embellishment in the Oval Office and more pictures of himself lining the hallways. Now, the new Rose Garden patio and other recent and planned outdoor updates represent more permanent updates to the most historically significant home in the United States. Trump isn’t just redecoratinghe’s working to leave his physical mark on the property, and the Rose Garden is just the beginning. The Rose Garden in July of 2024. [Photo: Kevin Dietsch/Getty Images] Designed during John F. Kennedy’s administration by gardener Rachel Mellon, the Rose Garden has hosted presidential press conferences and the 1971 wedding of Richard Nixon’s daughter Tricia. August, 2025. [Photo: Jim Watson/AFP/Getty Images] According to Trump, though, the space was unusable after it rained. “We had to do it,” Trump told reporters Sunday. “When we had a press conference, youd sink into the mud.” The new patio just so happens to resemble the patio at Mar-a-Lago where he holds court. The National Park Service oversaw the Rose Garden’s redesign, and it was paid for by the Trust for the National Mall, a nonpartisan nonprofit. Work began on the patio on June 11, and one week later, Trump had two jumbo, car dealership-sized flag poles installed on the White House’s North and South lawns. Now that the patio’s done, Trump is turning his attention to his next project: a planned $200 million ballroom inside of the White House. The White House said construction begins next month on the 90,000-square-foot ballroom, which resembles Mar-a-Lago in renderings. Preservationists are worried. On his first day in office, Trump signed an executive order promoting traditional, classic federal civic architecture, but at home, he’s following his own rules. This isn’t a revival of classical architecture as much as it is an attempt to bring the style of South Florida to D.C. Redesigning the landscape was just the first step. No matter how far Trump’s White House renovations end up going, one thing’s for certain: the office won’t look the same after he’s done with it.


Category: E-Commerce

 

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2025-08-04 19:30:00| Fast Company

Booking your last minute summer getaway? Delta recently revealed to what extent it’s using artificial intelligence to set ticket prices. And while this is just the beginning of the AI revolution in pricing, here’s some insight into how it’s working so far, and how it may expand to other industries in the future. What has Delta said about AI pricing? Delta recently made headlinessparking backlash from consumer groups and concern from Congresswhen president Glen Hauenstein revealed in the airline’s latest earnings call that the company is currently using AI for 3% of domestic pricing, with the goal of using it for about 20% by the end of the year. “So, we’re in heavy testing phase. We like what we see. We like it a lot and we’re continuing to roll it out,” Hauenstein said. “But we’re going to take our time and make sure that the rollout is successful . . . the more data it has and the more cases we give it, the more it learns.” When Fast Company reached out to Delta about how this might affect consumers, the airline referred to its letter to senators Ruben Gallego, Richard Blumenthal, and Mark Warner, which stated it is not “using, and [does not] intend to use, AI for ‘individualized’ pricing or ‘surveillance’ pricing, leveraging consumer-specific personal data, such as sensitive personal circumstances or prior purchasing activity to set individualized prices . . . There is no fare product Delta has ever used, is testing or plans to use that targets customers with individualized prices based on personal data.” What AI will likely end up doing, according to ThePointsGuy’s Clint Henderson, is creating a dynamic pricing model on steroids,” pinpointing flight prices with greater accuracy, and a whole lot faster. What variables go into AI airline flight pricing? Delta has partnered with Israel-based software startup Fetcherr, which utilizes its Large Market Model (LLM) to decode intricate market behavior and forecast financial trends, coupled with historical and current data. Fetcherr’s approach encompasses a comprehensive range of factors that influence market dynamics, and its recent white paper lists a few of those variables that go into airline flight pricing, namely: “seat availability, current news, weather conditions, significant events, flight schedules, and even fluctuating oil prices, among others.” The question on most passengers’ minds is whether working with companies like Fetcherr will lead airlines to use personalized pricing. Like Delta, Fetcherr told Fast Company its technology has been developed to streamline processes already in place at companies, and “does not allow for individualized or personalized pricing.” “Our Generative AI system does not and will not use, collect or receive any Personally Identifiable Information (PII) [and] remains steadfast in our commitment to transparency and to our compliance with applicable regulations,” a spokesperson for Fetcherr said in a statement. Delta isn’t the only airline using AI In its white paper, Fetcherr said it has also partnered with: Virgin Atlantic, UK; Viva Aerobus, Mexico; West Jet, Canada; and Royal Air Maroc, with a primary focus on optimizing key aspects such as pricing and inventory management. What’s next for Fetcherr AI after airline pricing? Looking ahead, Fetcherr said it plans to expand into other industries like hospitality, insurance, commerce, and capital markets, with its models expanding beyond pricing and inventory decisions to more complex challenges, such as making supply chain decisions and engaging in B2B strategic decision making.


Category: E-Commerce

 

2025-08-04 18:45:00| Fast Company

Traders in the stock market can decide next week if they feel bullish about Bullish, as the cryptocurrency exchange announced today it plans to raise as much as $629.3 million in its U.S. initial public offering. The Cayman Islands-based company plans to offer 20.3 million shares for $28 to $31 each when it lists on the New York Stock Exchange. That would mean the company is valued at as much as $4.2 billion, making it the latest digital asset firm to court investors in the stock market.  Bullish has applied for the ticker symbol BLSH, and the IPO is expected to price on Aug. 12. The company launched in 2021 as a spin-off of Block.one, with an initial investment of $10 billion from backers that included Peter Thiel. In 2023, Bullish acquired the crypto media brand CoinDesk.  Crypto goes IPO Crypto companies have been a hot spot in whats been a pretty slow IPO market this yearand investors have been more than eager to snatch up shares. Circle Internet Group went public in June, and its shares surged nearly 750% above its IPO price in less than a month.  And theres already robust demand for Bullish shares: Funds and accounts managed by BlackRock and ARK Investment Management are separately interested in buying as much as $200 million of shares in aggregate at the IPO price, according to the companys filing with the U.S. Securities and Exchange Commission. Bullish offers an interesting read on how far Wall Street has come to embrace crypto assets. The company, which offers crypto spot trading, margin trading, and derivatives trading, notes in its SEC paperwork that institutional investors account for a significant portion of its customer base. Tom Farley, who joined Bullish as CEO in 2023, wrote a letter in the SEC filing documenting his own introduction to digital assets, which began while he was president of the New York Stock Exchange. He recalled that his first lesson in crypto happened on a sunny summer day in 2014 while sitting on his porch with a neighbor who was enthusiastic about joining Coinbase, then a blockchain technology startup.  Bullish banks on Trump-era momentum The continued growth of digital assets, which Bullish says have become established as a mainstream component of the global financial system, will be a major driver of business growth, along with other positive trends that include greater adoption by traditional financial institutions and increasing regulatory clarity. Various steps taken by Donald Trumps administration have helped to invigorate the crypto market, and the president is name-dropped a handful of times in the filing paperwork. While the successful debut of Circle could bode well for Bullish, investors have already cooled on eToro, which went public in May. While eToro shares are still trading above the $52-per-share IPO price, they have fallen nearly 13% from where the stock began trading. Of note, the SEC filing shows that Bullish reported a net loss of nearly $349 million in the three months ended March, compared with a profit of almost $105 million in  2024. And in 2022, the company scrapped an attempt to go public through a special purpose acquisition company (SPAC).


Category: E-Commerce

 

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