More European troubles for Meta: The social media giant will be fined nearly $100,000 per day in Norway over data privacy violations.
PayPal USD could be a market mover and expand stablecoin payments adoption
Rolling out cards in Latin America’s largest ecommerce market can help Amazon capture more volume as it grows its financial solutions
But the metric doesn’t take into account the full picture of consumers’ financial health
LiveRamp broadens Pinterest collaboration: Global advertisers to benefit from enhanced data integration.
Personalized service and problem-solving still send consumers to branches: But they agree that for most transactions, apps get the job done best. Now a survey suggests a third way—a Zoom call with a banker.
The landscape has looked good for retailers this earnings season: But several potential challenges could derail that positive momentum in the months ahead.
Warby Parker and Allbirds are headed in opposite directions: Warby Parker boosted its outlook after reporting another quarter of growing sales and profits, while Allbirds continued to struggle.
Retail media is one of the fastest growing ad channels we track, due in part to the allure of closed-loop attribution powered by retailers’ first-party consumer data. But advertisers are starting to curb their enthusiasm given measurement challenges stemming from the lack of methodological standards across platforms. As it stands, it’s nearly impossible for advertisers to compare platforms against each other, which can lead to misallocation of budgets.
US adults are fairly evenly split on using mobile payment apps online versus in-store—except with PayPal, where 36% of users use the platform online most often, compared with 29% of users who use the app in-store, according to CivicScience.
The initial wave of excitement over generative AI is fading, leaving many retailers asking, “Now what?” Some might want to look toward Shopify, which is incorporating generative AI capabilities across its platform to help sellers build and scale their businesses more quickly. Or maybe take a cue from eBay, which is using the tech to make more accurate and helpful product recommendations. Meanwhile, Etsy is working to democratize access to machine learning models to help speed up deployment across its organization.
Since Google debuted its Search Generative Experience AI-based interface in beta three months ago, it’s made a lot of updates to alleviate early concerns from testers. But according to search expert Lily Ray, Google still has some work to do to fix issues with its new AI-driven experience. Meanwhile, Microsoft—which is still a very distant rival—continues to innovate on Bing Chat, which Ray called “the best AI product that’s out there right now.”
Carvana expects profitability to improve in Q3 as cost-cutting initiatives bear fruit: It’s well-positioned to capitalize on higher interest rates and new car prices.
A $5B lawsuit over Chrome’s ‘Incognito mode’ privacy moves closer to trial. Plaintiffs argue Google misused data, but Google stands firm on its transparency.
Disney’s future is built on AI: The company has a task force looking for ways to implement the tech across its vast entertainment empire.
While advertising areas like connected TV and retail media boast strong potential, other channels, like social media and linear TV, are losing some steam. That’s why it’s important to explore other ad channels. For example, digital out-of-home advertising has made technological and creative leaps in the past few years, while the women’s sports ad opportunity is expanding. Here are some areas within digital advertising where you may be missing out on unlocking potential.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss the opportunity for China-based companies like Shein, Temu, and TikTok in the US, and how they can compete with Amazon. Then for "Red-Hot Retail," our analysts give us some spicy predictions about how fashion retail will change in the US as a direct result of Chinese manufacturers. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and researcher and Asia-Pacific lead Man-Chung Cheung.
The RealReal and thredUP set their sights on premium shoppers: Both companies are targeting bigger spenders to improve margins and achieve profitability by next year.
New York Times Co.'s digital focus pays off: Amid print decline, earnings show increases in digital subscribers and advertising revenues.
AI-enhanced Bing Chat heads to Chrome, Safari: Microsoft tries to counter Google’s search dominance and grow revenue as Bing outgrows its Edge beginnings.