Microsoft makes bold, highly speculative agreement with Helion Energy: The tech giant is likely taking a leap of faith that AI will yield a nuclear fusion breakthrough in five years.
The company is threading artificial intelligence into its core products and services used by millions of users while doubling down on AI accountability. Read online
Aside from a few New York state regulations, the US is stalling on crypto guidance—and firms are fed up.
The fintech’s CEO blamed bureaucratic watchdogs and the banking crisis, but regulatory concerns are likely why it can’t get a banking license.
Concerns over funding costs, liquidity, and deposit outflows could lead to a credit crunch, according to recent Federal Reserve reports.
Banks are borrowing less from the central bank since First Republic collapsed, signaling stability could be near.
Acquiring a BNPL firm would help Revolut in its journey to becoming a super app
It benefited from increased volume in its key growth categories, like BNPL and Braintree
TD said the Clear card can help consumers facing high interest rates, but it may struggle to prove its competitive advantage
TikTok promotes learning and automation at product summit: Simplicity is a big buzzword for TikTok this year, with automation at the heart of simplifying the ad creative process.
OTT video subscription revenues will hit $50.56 billion this year, an increase of 12.5% YoY, according to our forecast. Revenues will climb to $64.12 billion by the end of 2026.
On today's episode, we discuss how we should feel about Amazon's online sales being flat, how its ad business was able to have such a good quarter, and why the company has yet to find a mass grocery format worth expanding. "In Other News," we talk about how Pinterest has been doing and just how popular self-checkout is. Tune in to the discussion with our analyst Blake Droesch.
DNVB companies have multiple paths for growth: Warby Parker’s sales rise 12% in Q1 thanks in part to the company’s growing physical presence, while Allbirds’ turnaround focuses on differentiating its brand.
US inflation dropped below 5% in April for the first time in two years: Falling grocery prices and easing services inflation gave consumers some much needed price relief.
TikTok delays US launch of TikTok Shop: The platform is struggling to onboard merchants as the threat of a ban looms.
Amazon to grow warehouse footprint, headcount in Europe: The retailer is seeking to stem persistent losses while tapping into growing demand. (This article was written with the assistance of ChatGPT.)
LinkedIn leads in news trustworthiness among social players: Platforms with lower info reliability scores could suffer from lower time spent, which affects ad revenues.
How long will the writers strike go on? Countless high-budget productions have stopped in their tracks, but the fight could go on for months.
Is Google reversing its tone with publishers? A $100 million deal with The New York Times is good news for the newspaper but doesn’t affect other publishers.
Last year, Overstock.com streamlined its business and focused solely on home furnishings and furniture. To court a more targeted audience, Overstock leaned on its first-party data to develop more personalized ad campaigns and employed brand ambassadors to showcase the company's ability to provide consumers with high-quality products at a reasonable price. We spoke with Angela Hsu, Overstock’s CMO, ahead of her session at CommerceNext in June.