e-commerce
Smart Shirt on Snapdeal to launch soon
MUMBAI: Snapdeal has started pre-registration for a new smart shirt on its website. The “Smart Shirt” on Snapdeal, will allow users to change the colour of the shirt through a mobile app.
Technology has come a long way. Things which were impossible to even imagine have become reality now. Every now and then, we see brands launching new products using the latest technology. Gone will be the days when you had to carry multiple shirts or bother about sweat.
This smart shirt can really do wonders for people who find it difficult to spend money on buying expensive clothes. It’ll be made with special fibre, the shirt is lightweight, comfortable and is machine washable as per instructions provided with the garment. If you are interested in getting hold of this smart-shirt, visit https://www.snapdeal.com/offers/smartshirt2019
The smart shirt is a useful and fun use of cutting-edge technology. It will allow users to switch from office mode to evening mode, without having to carry extra garments. This smart shirt can really do wonders for people who find it difficult to carry multiple clothes. We are eagerly awaiting to lay our hands on this one.
Snapdeal already has a very interesting collection of cool products such as automatic toothpaste dispensers, ninja tool kits, fruit cutters, travel tool kits, portable blenders, portable tyre pumps, USB water coolers, fans, magic balloons, mini fans.
e-commerce
American Express to acquire AI startup Hyper to boost automation
Deal targets expense management as AI reshapes corporate spending tools.
MUMBAI: From receipts to robots, the expense sheet is getting a brain upgrade as American Express moves to bring artificial intelligence into the heart of corporate spending. The company has announced plans to acquire Hyper, a relatively young but fast-rising startup founded in 2022 that builds AI-powered agents capable of organising expenses, generating reports, verifying compliance with budgets and policies, and nudging users with timely reminders. The deal, expected to close in the second quarter of 2026, underscores a growing shift among financial institutions to automate traditionally manual, time-heavy workflows.
Hyper counts Sam Altman among its backers, adding a layer of Silicon Valley credibility to the acquisition. While financial details remain undisclosed, the strategic intent is clear: deepen automation capabilities and sharpen American Express’s position in the competitive corporate spending ecosystem.
The two companies are not strangers. They previously collaborated in 2024 on a co-branded credit card product, suggesting that the acquisition is less a cold buy and more an extension of an existing relationship. With this move, American Express is effectively bringing that capability in-house, aiming to embed AI directly into its commercial services stack.
Chief executive Stephen Squeri had already signalled the direction of travel in a recent shareholder letter, describing AI as a “structural shift” in how businesses operate. The Hyper acquisition appears to be a direct response to that shift, particularly in expense management, where processes such as approvals, compliance checks and reporting remain ripe for automation.
Alongside the acquisition, the company is also expanding its product suite. A recently launched business credit card offers cashback and benefits at an annual fee of $295, with another card expected later this year moves that complement its broader push into commercial services.
Taken together, the strategy points to a future where managing expenses may require fewer spreadsheets and more algorithms. For American Express, the bet is simple, if businesses are rethinking how work gets done, the tools that power that work need to evolve just as quickly.
