Instacart boosts its valuation by 18% as it prepares for an IPO: The company is doubling down on advertising and AI to offset slowing online grocery sales growth. (This article was written with the assistance of ChatGPT.)
Cutting back international availability of 23 technologies used in semiconductors production makes future chipmaking efforts more difficult for China.
Mozarc Medical joins the kidney care market: The field of kidney care startups has seen strong growth in the past year. Can that continue?
Digital health startups face a rocky 2023: We unpack the implications of Rock Health’s Q1 2023 funding report.
50% of Americans support a government ban on TikTok, with higher support among Republicans and older Americans. Continued scrutiny could be TikTok’s downfall.
Through a multiyear agreement, PayPal will become Live Nation’s preferred payment partner.
UFC and WWE look to enter the sports streaming frenzy: The newly merged company will likely try to land several lucrative deals.
Netflix realizes sometimes less is more: The streamer will focus on releasing high-quality films and optimize its marketing efforts.
Paramount+'s partnerships and programming may boost growth in 2023: The streamer's Walmart+ collaboration is getting a national media campaign to boost awareness
McDonald’s set to lay off corporate workers as part of broader restructuring: But the fast-food giant’s business prospects are rosy as global sales and guest counts keep growing.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss the preferred shopping channels for Gen Z shoppers, what gets teens to buy, and which innovations in payments will influence spending. Then for "Pop-Up Rankings," we rank the top four brands that will have staying power with teens come 2025. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Blake Droesch.
AGI would be like an ‘alien civilization’: A top AI researcher issues a dire warning about tech companies training advanced models. There’s a safer, more productive approach to AI.
The regtech Fourthline has netted €50M to build out its platform which uses AI to help banks and fintechs handle compliance.
Big Tech is back on top: Microsoft, Apple, Google, and Meta are responsible for stock market resilience in the wake of Silicon Valley Bank’s collapse, but economic uncertainty is high.
Total US retail return volume will reach $627.34 billion this year, a 2.2% increase YoY, according to our forecast. Some retailers are turning to return fees to make up for increased costs, but that’s a risky move that may end up alienating customers. Here are three alternatives to return fees, ranging from the short term (building out product descriptions and customer reviews) to the long term (creating a returns as a service offering).
Nearly half of US millennials are members of a travel loyalty or rewards program, the highest among all generations, according to a Morning Consult survey. The higher their income, the more likely US adults are to belong to such a program—more than three-quarters of those earning $100,000 or more hold a membership.
The payments firm responded to some short-seller allegations. But its failure to address key claims could cause future problems.
It’s calling on bank officials to enforce tighter regulations that can be enacted under existing laws. But the actions don’t solve all the issues.
The new office can play a key role in creating guidance and standardized frameworks for major technologies like digital assets and AI.