A tie-in with PayEm will help businesses more easily manage their spending, which should appeal to firms trying to cut costs.
Microsoft wants companies to feed ChatGPT sensitive data: It’s trying to meet demand and keep pace with rivals, but security, antitrust, and regulatory concerns could come back to bite.
AMD makes $135M AI, 6G investment in Ireland: It aims to help data centers handle increased workload from AI, targeting opportunities to sell chips to cloud providers and challenging Nvidia’s dominance.
Consumers’ customer service expectations keep rising: Roughly three in four shoppers will abandon a brand after one subpar experience, up from two in five just two years ago.
All banks feel the hit to their bottom lines, but smaller banks hurt the most. Here’s how they’re redesigning their approach to overdrafts.
By many metrics, the crypto industry is doing just fine. That’s partly because it doesn’t want to work with banks to begin with.
The agency will consider factors beyond deposits and branches. It will also give more power to independent regulators.
Unified ID 2.0’s rising popularity: Warner Bros. Discovery and Walmart Connect have adopted UID2, heralding a shift in advertising toward privacy-conscious personalization.
Omnicom will integrate Google’s generative AI into its ad tech stack: With Omnicom and WPP backing generative AI, the rest of the industry will be swift to follow.
The retail media space is growing quickly: Albertsons is proposing a standardization framework to improve transparency, which could push spending even further.
My AI is an advertising play. At a Wall Street Journal event during the 2023 Cannes Lions International Festival of Creativity on Tuesday, Snap CEO Evan Spiegel said that insights gathered from conversations on My AI could help improve advertising on Snapchat.
Amazon’s sponsored product ads, targeted based on keyword searches, have declined in spending share, while its sponsored display ads, targeted based on user behavior, have slowly grown, per Jungle Scout.
Clean Creatives vs Edelman: Climate activists confronted the PR firm at the Cannes Lions Festival for its alleged greenwashing and ties to fossil fuel clients.
Retail media spans a broad and growing merchant list, from marketplaces (Amazon) to department stores (Macy’s) to ride-sharing apps (Uber).
Before the pandemic, online alcohol sales rates were in close proportion to the rest of food and beverage. But the pandemic-induced digital grocery boom accelerated the pace of ecommerce penetration among food and beverage sales. For many reasons, alcohol did not keep up with this larger category trend.
The plant-based meat segment is in a correction phase: Several startups are faltering as consumers are unwilling to pay a premium for their products.
Novo Nordisk sues healthcare companies over GLP-1 drugs: Knockoff versions of popular weight loss medications are hitting the market. Big Pharma will need to educate consumers on determining what’s safe vs. unsafe.
Digital health startups to watch: We spotlight care access platform DexCare and virtual therapy provider Octave on the back of fresh funding.