It partnered with Spotify Premium and can use other tie-ins and products to sustain rapid growth.
Banks are focused on B2B opportunities and generative AI to drive revenue as they usher crypto out the door.
Get ready for an influencer surge on YouTube: The platform just lowered monetization requirements as influencer and political ad spending are rising.
Bank of America’s expansion strategy includes a plan to target areas in which it can replace two branches with one.
Its global app aims to give women confidence to take control of their financial lives.
Mass protest on Reddit: Over 8,000 subreddits go private due to API changes as platform's financial aims clash with community interests.
US consumers keep spending despite lingering inflation: Retail sales rose 0.3% MoM in May, surpassing expectations.
Over half of US and UK adults research and buy products online via a retailer’s website, per Coveo. More than a third (37%) take a slightly different approach, researching products on a retailer’s website but waiting to buy them in a physical store.
Google enhances generative AI shopping and search features in a bid to challenge Amazon’s dominance: The search giant is looking to win shoppers over with a more relevant, helpful shopping experience.
Outstanding performance with a catch: Black creators excel in engagement and media value across social platforms but face significant pay disparities.
Younger consumers and higher-income shoppers are powering Walmart’s grocery growth while its physical footprint gives it an edge in retail media. Its burgeoning logistics business could be the next big thing for the retailer—and its bottom line.
Inflation and economic uncertainty cause Kroger’s growth to fade: Cost-conscious shoppers’ traded down to lower-priced items during fiscal Q1.
Inflation for pet food and services was over 10% in April, according to the US Bureau of Labor Statistics. But the category has won a reputation of being somewhat recession-proof, thanks to its necessity for pet owners. “People will be spending more on the pets that they have already, despite the fact that it’s been a relatively inflation-wary populous,” said our analyst Jeremy Goldman on a recent episode of our “Behind the Numbers: Reimagining Retail” podcast.
Digital health startups to watch: We spotlight value-based specialty care company Upperline Health and virtual maternity care provider Pomelo Care on the back of fresh funding.
Inadequate access to care isn’t just a US problem: Healthcare providers around the globe can take steps to make care more accessible for patients. We detail them below.
Get ready to feel the contract churn: Hospital execs signed up for a lot of digital health tools during the pandemic. But as contracts come up for renewal, digital health companies should be working closely with clients—and looking to poach from rivals.
Social media influencers could rival big game developers with Google-backed AI startup: Text-to-RPG tech will catch on quickly with influencers who can sell to large audiences. It’ll get advertisers’ attention.
Can ‘Lord of the Rings’ become the next mega-media franchise? After a $2 billion deal fell through, owner Embracer Group is doubling down on the property.