Pinterest’s co-founder & CEO is departing: Ben Silbermann’s departure and Bill Ready’s arrival as chief signals the platform’s commerce ambitions.
Adyen helped Oracle launch a new point-of-sale system that lets restaurants accept and better manage contactless payments.
Consumers shift their spending from goods to services: US household spending rose at its slowest pace this year in May as inflation dragged on people’s purchasing power.
This year, US adults will spend 25.7% of their social media time on Facebook, down 9.6 percentage points from 2019. As Facebook’s share drops, TikTok’s will continue to grow. US adults will devote 16.7% of their social time to TikTok this year, up 12.2 percentage points from 2019.
Seventy-three percent of respondents expect companies to understand their unique needs and expectations, and 62% think companies should anticipate their needs, according to a May 2022 Salesforce report.
Amazon looks for another way to monetize its physical stores: The retailer’s new data tracking service for its physical grocery stores mines data on shoppers' behaviors.
The parent company of QVC and HSN broadens its reach: Qurate’s new fully shoppable streaming app combines its five linear channels, three digital-only linear channels, and streaming-only shows.
TikTok’s business reflects blurring lines between social media and entertainment: The popular app describes itself as the latter, but that won’t halt regulatory concern.
Legal marijuana is a huge retail opportunity: Marijuana sales are expected to surpass $33 billion this year.
AliveCor’s tech could be a more accessible option for clinical research as the ITC weighs a ban of Apple Watches after an EKG patent violation.
Nuance is dominating the voice AI space as it partners with athenahealth to release its latest documentation tool.
Apple TV+ competes on quality: Meanwhile, Prime Video is adjusting its strategy, while Disney+ maintains the status quo.
Energy independence undermined: A group is using propaganda to keep other countries dependent on rare-earth minerals from China. As more disinformation looms, social media companies could help stop it.
Urbanites in the digital dark: A Seattle couple’s Comcast saga illustrates how many city dwellers are still struggling to get connected. Treating the internet as a public utility could help.