Massive losses across tech giants highlight market jitters over AI’s slow payoff and future profitability.
Google’s latest hiring-licensing deal with Character.AI follows a pattern set by Microsoft and Amazon, blending innovation with strategic regulatory avoidance.
TikTok closes its rewards program following regulatory concerns about its addictive nature, preempting severe penalties under the DSA.
Despite its high accuracy, the tool could drive users to rival AI models.
Adults worldwide access smartphones at a higher rate (98%) than children do (90%), per December 2023 data from Razorfish and GWI.
Snap’s middling earnings solidify Meta’s lead: Services like Snap and Pinterest are struggling to compete for ad interest with larger platforms.
Urban Outfitters and Pacsun are tapping into Pinterest and in-person experiences to get students and families shopping, while Meijer, Walmart, and Target are focused on value. Those are just a few brands that made our Unofficial Most Interesting Retailers List, Back-to-School Edition, for July 2024.
Over 70% of US digital retailers believe AI-driven personalization and genAI will affect their business in 2024, per a December 2023 survey by Bolt.
Both Cash App and Square contributed to growth, but money laundering and fraud allegations linger
The remittance provider’s turnaround plans have not alleviated its struggles
But other issuers are also revamping their rewards, so Chase will have to do more to stand out
The US economy hits speed bumps: A flurry of news events, a slowing labor market, and lackluster consumer confidence numbers are making it harder for retailers to convince consumers to spend.
Apple considers ad-supported Apple TV+: Introducing ads could help Apple counteract slower iPhone sales and diversify its revenue streams.
Mercado Libre benefits from Americanas accounting scandal: The Latin America ecommerce giant gained share in Brazil by growing sales 36% in Q2.
We examine community banks’ path forward through economic and industrywide challenges.
The FTC could probe grocery prices as higher costs frustrate shoppers: Chair Lina Khan says the commission would investigate why profits and prices remain high even as costs have come down.
Docs’ issues with Medicare and Medicaid in 2024: Reimbursement rates top the list. We examine what the ongoing tension between physicians and insurers means for patients.
Children in the US feel mixed emotions daily: Social media is a likely enabler. We explore how healthcare providers and marketers can step up to educate youths and their parents.