Tech’s economic pain spreads to gaming: Electronic Arts lays off hundreds of workers. Hiking game prices during high inflation could hurt revenue and mean more cuts ahead.
Roku cuts 400 jobs in four months: Rising costs and a tight ad market have hurt the rising advertising player, which could make it an acquisition target.
Netflix games may soon ditch mobile-only: In-app code reveals that Netflix is testing ways to bring its costly game investments to TV screens, using phones as controllers.
As Bing makes inroads into Google’s lead, it experiments with AI ads: Disney and Roku layoffs and pivots by Twitter and ByteDance dominated headlines this past week.
Panera deepens ties to Amazon with Alexa ordering capabilities: The partnership could grow sales, but at the risk of overwhelming restaurants already swamped with digital orders.
RH’s earnings miss could signal broader luxury slowdown: The high-end furniture retailer offered a softer 2023 outlook than expected as the luxury housing market cools.
A rule on lending to small businesses arrives: The long-awaited regulation on disclosure of owners’ demographics, among other data, also has a weird part.
Google shows its dissatisfaction with Bard: Alphabet’s Google and DeepMind subsidiaries are joining forces to take on OpenAI. The AI model-building effort could get a boost from Nvidia’s H100.
While social commerce is on the rise in the US, livestream commerce has yet to take off. In addition, advances in technology (like ChatGPT) may help jumpstart voice commerce adoption. Here’s what marketers need to know to take advantage of the increase in physical and digital shopping channels.
The long-range, low-bandwidth network is the largest in the US and covers 90% of the population. Can third-party developers add value without multiplying security risks?
Amid scrutiny over who’s to blame for recent bank collapses, politicians are weighing in on the need to change legislation.
Industry experts say new regulation is needed for the country to sustain its leading position on the world stage.
CFPB director Rohit Chopra said regulations should identify the risks in fast communication and put rules in place to mitigate their effects.
Mexican lender Banorte is introducing a digital bank. In recent months, Nubank, Santander, and others have also made major plays in the country.
Substack attracts $5 million-plus in crowdfunding commitments: Newsletter platform gives both users and readers an opportunity to share in ownership to meet its cash needs.
Diversity in video ads is waning amid wider DEI drop: Some states seek DEI curbs, but consumers are willing to tie their purchases to inclusion.
Facing AI competition, Google adds features to enhance search results: Fact-checking tools signal company’s focus on bolstering transparency and trust.
Visa and Mastercard are among the firms vying for cloud-based payments and banking platform Pismo, and Ingenico bought softPOS startup Phos.