Costco’s sales surged in July and August: The warehouse club’s low gas sales drove consumers to the wholesale giant’s pumps.
Best Buy has a new plan to capture shoppers’ attention: The struggling consumer electronics retailer launched Best Buy Drops, an app-only feature that offers limited-time deals and product releases.
Costco enters D2C healthcare: We examine why the retailer’s latest offering is less about healthcare and more about customer stickiness.
Global consumers drift away from digital pharmacies: In the post-pandemic world, more consumers would rather buy medicines and other items in physical stores vs. online. But digital pharmacies aren’t going away.
More millennials want to try psychedelics: Millennials are more open to using psychedelic drugs to treat mental health issues than any other generation. Healthcare providers need to be ready with evidence-based information.
YouTube is the most widely used free video service among US internet users of all generations, according to Kagan. Its highest saturation is among Gen Zers (82%) and millennials (78%).
What the end of the WGA strike means for streaming’s future: Pressure to boost revenues and drive down costs will force dramatic decisions.
Spotify uses AI to bring English podcasts abroad: OpenAI will translate popular shows in a bid to help Spotify make inroads with foreign listeners.
Inside “Books3,” the pirated book database used to train AI: A story in The Atlantic reveals that Meta, Google, and others fueled AI with a vast library of stolen work.
Can AI globalize podcasts? Spotify collaborates with OpenAI to offer voice translation for podcasts, which could enable cross-language content creation and expand ad revenue and reach.
ChatGPT gets a voice and eyes: The sensory integration is a strategic move to counter the rising competitive threat and move toward achieving artificial general intelligence (AGI).
Getty targets premium AI image content: It’s partnering with Nvidia to launch an AI image generator, using high-quality data for realistic AI creations. Detailed prompts will be key.
Revolut keeps tripping itself in front of UK regulators: Just as it did last year, the aspiring super-app got an extension for filing its full-year results. Is this any way to win a banking license?
The Senate rolls another one, trying to pass marijuana banking bill: Ten years on, it’s still not clear that US cannabis companies will ever gain easier access to traditional banking services.
On today’s podcast episode, host Bill Fisher is joined by our researcher Man-Chung Cheung and analyst Carina Perkins to examine TikTok’s ecommerce plans around the world, looking at what’s driven success in some markets and held it back in others.
Advertising comes to Amazon Prime Video: Amazon’s venture into streaming ads is expected, but its ad-free pricing could upset users.
BNPL players are reimagining how consumers access lines of credit—while also seeking elusive profits
In-car and biometric payments are both taking off, and Mercedes and Mastercard want to capitalize on these new growth avenues
The digital broker hopes revenues from credit cards can offset its disappointing trading volume and a shrinking user base. It might not work
Advertisers say Google is underselling its ad inflation: The DOJ’s suit against Google revealed that the company quietly raised prices as much as 10%.