On today's podcast episode, we discuss a new lawsuit against Meta for designing its products to be addictive to kids, new paid ad-free versions of Facebook and Instagram, and where Threads engagement is at. "In Other News," we talk about whether we will ever come together again on social media and if AI can help us get there. Tune in to the discussion with our analyst Jasmine Enberg and director of Briefings Jeremy Goldman.

Its growth and cost-cutting measures brought the BNPL fintech its second straight profitable quarter. And it’s projecting full-year profitability for FY 2024

The bank is moving away from the consumer market where the GM program is its last big partnership

Following TrueLayer’s partnership with Stripe, the two tie-ups will propel the company’s growth

Big Tech will have a chance to offer input on the Online Safety Act: UK’s telecom regulator is seeking comments on how to interpret the strict social media law.

The FTX founder will face the consequences of his illegal crypto dealings—but how does publicity around the trial affect the financial services industry?

Many advertisers see retail media solely as a performance marketing channel. But 7-Eleven’s retail media network, Gulp Media, is aiming higher up the funnel.

Singles Day sales reportedly fell 9.75%: The sluggish results are the latest data to suggest Chinese consumers continue to tighten their purse strings.

German retailers expect to find coal in their stockings: The country’s retail trade association expects sales to fall 5.5% in November and December after taking inflation into account.

77.6 million people in the US will use Uber or Lyft next year, according to our August 2023 forecast.

TikTok is turning Gen Alpha consumers into skincare experts: Skincare sales among the cohort are soaring, prompting brands and retailers to take notice.

AMC edges up, Tubi soars, Fubo holds ground, Paramount+ expands: Diverse strategies shape the streaming battlefront.

Sunday Ticket propels YouTube TV to 48% growth: The pay TV service has seen subscriptions jump significantly since it acquired the costly streaming rights.

SiriusXM unites satellite, streaming, podcasts: aims for a Spotify-like experience to boost engagement and subscriber numbers.

Tech firms reduce their workforce to focus on profit-making sectors, but cuts in advertising, HR, and customer service could have repercussions.

ICBC, the world’s largest lender, is crippled by a LockBit 3.0 ransomware attack, highlighting rising cybersecurity threats in the banking sector.