Microsoft sets steep price for Copilot AI assistant and Wall Street cheers: Investor confidence in AI’s commercial potential is on full display. But a corporate debt crisis could dampen the outlook.
UN holds inaugural AI global-risk meeting: An AI governance body would face challenges to its effectiveness due to geopolitical tension and the fast pace of AI innovation.
Could an open-source approach help Meta catch up to the likes of OpenAI, Google, and Microsoft? Some fear the “move fast and break things” attitude isn’t suited to AI.
Airlines can’t keep up with booming travel demand: With more travelers heading overseas and paying for premium seats, United, Delta, and American Airlines are reaping the rewards.
And credit card application rejections could make it harder for consumers to keep up this spending
It claimed in a lawsuit that the card networks conspired to inflate the fees
Indian tourists can now use the UPI in France, which will help boost the payment method’s worldwide volume
Profits fell again in Q2 as dealmaking weighed down benefits from higher interest rates. But M&A activity may have rounded the corner.
As Quora hits milestone, it looks to future: After reaching 400 million monthly users, it’s focused on enhancing its appeal to advertisers and content creators.
The price tag on agency reviews is going up: Plus, they’re time-consuming, disrupt workflows, and raise concerns about fee structures amid rising costs.
Marketing to Gen Z requires a different approach than marketing to millennials. Abercrombie & Fitch learned this the hard way as its millennial playbook became outdated for younger shoppers, earning it the title of “most hated retail brand” in the US in 2016 by the American Customer Satisfaction Index.
YouTube’s ad business has posted losses for the past three quarters—an unprecedented slide following years of double-digit gains. This underperformance has forced the video giant to sharpen its focus in the two areas where it has the best shot at attracting ad spending and restoring growth: connected TV (CTV) and short-form video.
FAST platforms like Roku, Tubi, and Pluto TV are gaining buzz from viewers and industry professionals alike. Find out more about the FAST landscape.
The IPO market is recovering: Beauty company Oddity raised $424 million in its public debut, following better-than-expected showings for Cava and Savers Value Village in June.
Optoro's new service, Home Pick-ups, aims to transform the retail returns process: It looks to provide an efficient, sustainable solution that benefits both shoppers and retailers alike.
With 13.4% YoY user growth in 2023, Snapchat will briefly overtake TikTok (12.7%) as the fastest-growing social media platform worldwide, according to our forecast. TikTok will regain the title come 2024.
Brands can expand their customer bases without starting from scratch by participating in conversations that are already happening on TikTok via “edutainment,” or informational content, Colleen Conkling, CMO of stationary company Papier, said at The Lead Innovation conference in New York City last week.
Walmart taps B2B to grow its margins: The retail giant is adding new products and tools to Walmart Business to attract more B2B customers and drive loyalty.
Chipotle pushes into smaller US markets: It also announced its first international franchising deal, which could lead to hundreds of Middle Eastern locations.