Burberry’s sales rose 5% in fiscal 2023: Despite a 13% gain in China, the company's performance was dampened by a 7% decline in sales in the Americas—in line with other luxury houses.
Fintechs like Bitpanda and Public are exploring how AI can help them offer personalized investment advice and analysis to boost engagement.
Fake ChatGPT apps feed off AI frenzy: As generative AI exacerbates digital deception, companies will have to win public approval, which might entail slowing the commercial deployment cadence.
Quantum is a growing focus in US-China tech cold war: Google and IBM are part of a US-Japan partnership on quantum research. Rhetoric about China undermines the technology’s potential.
Anthropic wins Zoom’s trust: The startup’s Claude chatbot will become a Zoom feature as it gains momentum in its rivalry with OpenAI, supported by an effective, ethics-focused marketing strategy.
Its growth in Brazil and focus on credit products puts it light years ahead of competitors.
Lenders need to be prepared for quicker, digitally driven runs after SEC rules out short-selling ban.
The bank will build digital assets and other tech into all business lines. But as tech evolves, so do the risks.
To keep up the momentum, the BNPL provider launched a Pay-in-2 product so it can expand into new payment categories
Its vertical-specific technology can help it to grow volume in the segment
The two will be among the early adopters of the real-time payment system when it launches in July
Marketer use of text messaging is on upswing: Despite its imperfections, data suggests the underused channel could help brands boost engagement.
Baidu's Q1 profits and revenues exceeded market predictions, buoyed by increased advertising spending in the wake of China's post-COVID economic revival and promising future integration of its AI-driven chatbot, Ernie bot.
The past six months have been a roller coaster of rising consumer-goods costs, uneven employment news, and increased optimism about the end of the pandemic—all mixed with a tightening of discretionary spending. In September, consumers were cutting back on dining out and entertainment. What are they doing now?
Target’s sales growth stalled and profits fell in Q1: Consumers pulled back on the impulse buys that fueled Target’s pandemic-era growth.
Understanding payments innovation in the region could help Visa beat back mounting threats from homegrown players
Amazon plots an upgrade to its search capabilities, with help from generative AI: The retailer is planning to incorporate an AI chatbot to help shoppers with queries, recommendations, and product comparisons.
On today's episode, we discuss the implications of Twitter's new CEO choice, what Tucker Carlson moving his show to the platform means for advertisers, and what to make of Twitter alternative Bluesky. "In Other News," we talk about the effect AI will have on social media and what to expect from TikTok's US shopping platform. Tune in to the discussion with our analyst Jasmine Enberg.
Meta is way ahead of competitors in US video ad spend, with 30.1% share this year compared with YouTube’s 8.3% and TikTok’s 6.5%, according to our forecast. TikTok is on YouTube’s tail as it gains share, but the short video newcomer won’t surpass YouTube before the end of our forecast period in 2025.
Retailers can use digital wallets to speed up the checkout process both online and in-store and reward repeat customers. But creating a standalone wallet may not be the best solution for most retailers, and that’s where partnerships with existing providers can help out.