Borrowers struggling with inflation and rising interest rates can pay just the interest on their loans for up to six months—with no implications.
Consumers want banks to help them track their environmental impact. But there are still some challenges in developing such offerings.
An unknown number of US banking customers have had their data compromised in a cyber attack on a software company that provides products to FIs.
The case for Reddit as a search engine: A user protest is a reminder that Reddit has a huge opportunity in search advertising that it’s beginning to tap into.
Ad industry spending is crawling out of a dark period: The US ad market grew 2.5% in May, the first increase in 11 months.
Generative AI takes spotlight at VidCon: As new tools debut, attendees express mixed opinions on AI's impact on content creation.
Amazon plans to launch a local delivery network: The retail giant aims to keep its costs in check by leaning on local merchants to bolster its delivery capabilities.
TikTok doggedly pursues ecommerce expansion: The platform inked several deals to help grow its merchant base, but it faces significant obstacles in its path to growth.
Key stat: In the US, 71% of Gen Z adults say they are likely to make a purchase directly via Instagram, according to Jungle Scout. Just 40% of adults overall say the same, with the caveat that older generations are less likely to buy from social networks in general.
Prologis to acquire $3.1 billion warehouse portfolio from Blackstone: The deal will allow the company to meet growing ecommerce demand and get closer to the end consumer.
Ads encourage engagement, but your post-click experience determines who will ultimately be your customers. Here is how your brand can pair creative ads with interactive landing pages to improve engagement and the likelihood of conversions.
Ford secures a $9.2B loan for US battery production and BYD enters the North American market. Meanwhile, newer EV-only firms scored the lowest in a vehicle quality survey.
Kering looks to build a new beauty division: The luxury conglomerate struck a deal to buy Creed, the second-largest brand by sales in the high-end fragrances segment.
Social media under scrutiny: Leaders like Meta, Twitter, and YouTube face criticism over handling political content and questions arise concerning the impact of layoffs on election integrity.
On today's episode, we discuss how this year's Amazon Prime Day will be different, how competitors can maximize the sales holiday's impact, and an uncanny link between Prime Day and the end-of-year holiday season. "In Other News," we talk about the significance of NBCUniversal and Walmart Connect bringing targeted ads to live sports and Amazon's AI initiatives. Tune in to the discussion with our vice president and analyst Andrew Lipsman.
YouTube gaming levels up: Video giant is diversifying with Playables, potentially opening new revenue avenues in a market showing signs of weakness.
Amazon’s $100M generative AI initiative to counter Google threat: Google’s customer reach, depth of integrations, and AI expertise are hard to match. The fierce competition might create a societal-level predicament.
Reported plans to launch Apple Pay and its credit card in the country could support growth plans—if it beats out stiff competition.