Shopify’s push to diversify its offerings is starting to work: The company’s expanding Merchant Solutions division, which includes services such as payments, lending, and shipping, helped drive 22% growth in revenues.
WhatsApp suffers a global outage: The world’s most popular messaging app went dark in various countries, underscoring the fragility of centralized communications and piling on Meta’s troubles as it prepares for its Q3 earnings call.
The API-powered BaaS platform Marketa for Banking offers seven products and is available in 40 countries.
The bank’s solution will be powered by Google’s cloud-based language processing platform.
The agency wants to foster competition and innovation while ensuring consumers are treated fairly.
Shoppers in India spent enthusiastically ahead of Diwali celebrations: But the outlook for China’s biggest shopping event is much less rosy as Chinese consumers grapple with economic uncertainty.
Incoming regulation, rising delinquencies, and a shaky economic outlook may lead to industry-wide changes
Apple is demanding 30% of promoted post transactions: The App Store now says promoted posts should be treated as in-app purchases in a not-so-subtle attack against Meta.
Google’s weak results spell trouble for digital advertising sector: Dramatic revenue slowdown shows tough macro is taking toll on online ad spending.
For many buyers, it’s simple: They make a purchase when they find something they want to buy. There are, of course, many ways that social users can find products they like on social media. And our exclusive primary research reveals that there is a multitude of other reasons why buyers choose to make purchases on social platforms.
About half of US Gen Z and millennial social users make purchases on social media, compared to 38% of US adults overall. Boomers are the least likely to buy via social.
According to TikTok, 44% of users are planning to buy or lease a car in the next six months. It’s with that in mind that the platform recently released its “Auto Dealers Playbook,” which aims to help marketers leverage the platform to engage the auto community and boost sales.
Microsoft’s ad fortunes are a rare bright spot during earnings season: The company’s LinkedIn and search ad revenues were strong, despite the prospect of turbulence.
Few CPG brands are posting strong volume growth: But price hikes and shrinkflation are helping companies like Kraft Heinz, Coca-Cola, and Procter & Gamble generate strong earnings.
On today's episode, we discuss why telemental health is taking off, the main players in the space, and what's going on with teleprescriptions. "In Other News," we talk about people's relationship with price shopping for healthcare services and why healthcare providers are continuing to invest in tech despite the tough macroeconomic conditions. Tune in to the discussion with our analysts Lisa Phillips and Rajiv Leventhal.
Shareholders mad at Meta over strategy: The tech giant launches AI tools to help build the metaverse. It’s a long-game strategy that irks investors with little to show after a $15B expenditure.
Warner Bros. Discovery is making its catalog even thinner: The company announced an additional $2 billion in content write-downs, so say goodbye to some of your favorite shows.