TikTok gaming is a go: The social video app will soon add mobile games and is leaning on partnerships with Electronic Arts, 2K, NetEase Games, and Zynga to accelerate its super app ambitions.
Meta reported $3.67 billion in operating losses from Reality Labs this past Q3, following a deficit of $5.77 billion in H1 2022. That’s a total of $9.44 billion in losses from Meta’s division for augmented and virtual reality (AR/VR) hardware and software.
Brands miss the old Kanye: the Ye saga offers lesson in crisis response as many cut ties after rapper’s offensive speech.
Big Tech’s economic omen: Tech giants’ earnings show steep declines in profits and the effects of reduced consumer spending and plunging ad revenues, It marks the end of pandemic-era growth and a continued downturn.
Apple’s 30% payments fee condemned: Meta, Spotify, and Elon Musk rail against Apple’s App Store policy changes. It signals a need for diversification amid Big Tech’s declining ad revenues.
In-store retail media’s power isn’t dependent on personalization: That makes it significantly easier to deploy.
After a startup pitch competition, Money20/20's chief growth and strategy officer Scarlett Sieber offered her insight on the much-changed 2022 fintech landscape.
Insider Intelligence’s forecast estimates a 62% decrease in new neobank account openings, and a 44.6% drop in all digital account openings.
Broadridge's Global Chief Marketing Officer Dipti Kachru shared her insights into the rapidly evolving role of the CMO, the trends and challenges affecting her, and how she measures the success of marketing initiatives.
The Adobe Experience Platform will gather bank customer data from all channels to create a unique profile and generate relevant offers and promotions.
Amazon broadens advertising appeal with latest ad updates: The retailer is adding new formats and expanding the verticals that can advertise on its platform.
A railroad strike is looking increasingly likely: Two unions have rejected the tentative agreement brokered by the Biden administration over concerns about inadequate sick leave.
The most informative sessions unpacked providers’ increased alertness around fraud, the next era of BNPL, attendees’ excitement over open banking innovation, and fintechs’ efforts to align with regulators.
Hispanics fuel US population and economic output: The demographic group’s US consumer expenditures are growing faster than those of non-Latino consumers.
Inflation remains high. So does consumer spending. On this week’s Halloween episode of “Behind the Numbers: Reimagining Retail,” our analysts looked at a few silly and even spooky indexes for evaluating consumer behavior during times of economic constraint.
At Money20/20, Dan Rosen offered his insights on fintech funding cycles, what the coming consolidation among fintechs may look like, and what he learned from this year’s startup pitch competition.
Mobile ads that cover 80% of the screen receive 6.6 seconds of attention from the average smartphone user. That’s more than double the attention received by ads with 50% screen cover, and about eight times that of ads covering less than 10% of the screen.
Musk courts advertisers right before the Twitter deal becomes final: The magnate has realized a “free-for-all hellscape” is not in his best interests.
Aldi US plays catch-up with its new ecommerce platform: The discount grocer aims to narrow the gap by letting shoppers buy online.
Walmart Health expands clinics in Florida: We look at why 16 new health centers won’t be a gamechanger.