Restaurants see opportunity even as more consumers look for savings: Operators plan to hire over 500,000 workers this summer in anticipation of strong demand, but sales may fall short as diners pull back.
An IPO could put Shein's business model under the microscope: Both the retailer's profitability and sustainability in selling trendy, cheap apparel could be subject to inspection.
Klarna hailed AI’s potential, but it needs to consider how the tech can bring benefits that competitors can’t replicate.
Google is about to change the internet as we know it: It’s speeding up its generative AI cadence as OpenAI rocks the App Store. Competition for users will spur continuous upgrades.
Leaked sales document reveals Amazon’s AI strategy: By billing itself as the more experienced vendor offering greater AI model variety, Amazon is hoping to preserve its dominant cloud standing.
On today's episode, we discuss what happens now that Montana has approved a ban on TikTok, what Amazon's AI chatbot might look like, why Meta got a record fine from the EU, what space advertising looks like, a Supreme Court ruling on an infamous internet law, how good humans are at multitasking, and more. Tune in to the discussion with our director of Briefings Jeremy Goldman, analyst Evelyn Mitchell, and vice president of Briefings Stephanie Taglianetti.
The Big Tech firm’s financial ecosystem boasts a larger user base, but FIs offer different value propositions.
The millennial couples-focused app touts AI-powered investment strategies, but it could intimidate some users.
After political pressure caused a potential acquisition deal to collapse, Citi will navigate icy IPO waters.
TikTok's privacy debacle deepens: Internal documents reveal ByteDance employees have been sharing user data on internal platform Lark, undermining the company's claims of robust security measures and stirring fresh concerns about potential security risks and ties to China
Peacock offers subscriptions for $1.67 per month: A limited-time deal could drive user growth, but losses will widen.
Rolling back LGBTQ+ marketing efforts is a mistake: By caving to unpopular sentiment, Bud Light and Target might have permanently alienated consumers.
Data security is the most important feature to adults worldwide when deciding whether to transact with a business online, according to TransUnion. An easy payment process is the second most important, followed by ease of login or authentication.
Lower-income consumers are feeling pinched: That’s a troubling sign for value-oriented retailers such as Dollar Tree, Burlington Stores, and Big Lots.
Consumer sentiment isn’t in line with spending: Consumer spending surged in April despite people feeling glum about persistent inflation and the broader economic outlook.
Consumers stay loyal to grocers—but not brands—as they grapple with inflation: Forty-six percent of US shoppers won’t change where they buy groceries to save money.
We expect US cosmetic and beauty sales to grow 7.6%: While consumers are spending more selectively, they’re still willing to splurge on their favorite items.
By appealing the CMA Activision Blizzard decision, Microsoft started a judicial process that will delay various game projects and might devalue the companies involved.