Walmart is scaling back its tech hub footprint: The retailer is closing three of its US tech hubs and requiring tech workers to come into the office at least two days a week.
A recent survey found over three quarters of them have abandoned onboarding because it was too complicated or confusing.
US regulators are allegedly discouraging banks from working with crypto firms. That could leave them with no option but to fold.
The Fed is adding a new scenario to its 2023 stress test, but says it's exploratory and won’t affect reserves.
Its TPV grew 9% YoY, down from 23% a year ago. PayPal hopes to reinvigorate growth with cost restructuring and innovation efforts.
New Look joins H&M, Zara in charging for returns: The fashion retailer is trialing fees to reduce fulfillment costs, but the move risks alienating cost-conscious consumers.
Amazon eyes content expansion in India, but it’s a tough time to buy: The company is in talks to acquire MX Player as market leader Disney+ Hotstar shows weakness.
Is Bob Iger really willing to let Hulu go? The new/old CEO eased up on his predecessor’s aggressive buyout ambitions after a rough quarter.
Gen Zers are more likely than any other age group to have brand loyalty—even if it means spending more. As this younger generation's spending power continues to grow, how can brands win them over for good? Find out more in our latest data drop.
Amazon reportedly laid off about 20% of Zappos’ workforce in January: The retail giant is cutting costs at Zappos and elsewhere as it recalibrates for slower growth.
On today's episode, we discuss what to make of Amazon's 2% decline in online store sales, how to interpret its advertising service's 19% revenue growth, and why the company is rethinking its Amazon Fresh strategy. "In Other News," we talk about how Pinterest views the future of shoppable video and how malls are resurging. Tune in to the discussion with our analyst Andrew Lipsman.
Just as Facebook became the platform that defined millennials’ social media experience, TikTok is cruising toward a similar status for Gen Z—but it’s taking a different route.
From winning “an insane amount of PR coverage” to being nimble enough to strike at the peak of buzz, Aron North, Mint Mobile’s CMO, shares how the ad that had everyone talking came about and what other marketers can learn from his experience.
Tinder is the go-to dating app among millennials and Gen Zers in the US, but when it comes to adults 50 and older, Match.com is the online platform of choice, per the Pew Research Center.
GM eyes cheaper domestic production: The automaker agreed to use GlobalFoundries chips exclusively in its vehicles. The strategy could be replicated by other companies seeking to lower domestic manufacturing costs.
Food delivery platform Meituan plans to hire 10,000 workers to capitalize on China’s reopening: The company is expanding aggressively to counter competition from Bytedance and Alibaba.
Uber Eats serves up post-checkout app ads: New offering, which debuted during Super Bowl, allows advertisers to reach consumers tracking status of orders.