Ripping and replacing more than half of its 4G and 5G infrastructure will cost billions of euros. It also runs the risk of alienating its biggest trade partner.
A Texas law makes state a breeding ground for social media lawsuits: The measure requires parental consent for usage, but its definitions are ill-defined.
Retail media meets live sports: Walmart Connect partners with NBCUniversal for targeted advertising.
Twitter hit with major lawsuit: Music publishers allege rampant copyright infringements and seek $250 million in damages.
Cannes conversations: AI, creators, Big Tech, and DE&I to take the spotlight at next week’s International Festival of Creativity.
It wants to lean on AI to attract users, while new environmental-focused features should strengthen its brand with younger shoppers.
42% of CEOs think AI could destroy humanity soon: It signals ample awareness and concern about the technology despite marketplace excitement. There’s a way to achieve safety and economic returns.
Twitter is getting evicted from Colorado office: Musk’s continued focus on ideology instead of practical business decisions means real-world consequences for the social media platform.
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.