The surveys conducted by the CMA show that online banks are beating out incumbents.
The firm also failed to renew contracts with other large clients, suggesting a change in direction for banking as a service.
Meta is going all-in on conversational commerce: The company invested in Singaporean startup Take App, which helps merchants sell on WhatsApp, as it looks to give a much needed boost to ad revenues.
China’s economy suffers growing pains: A property crisis and ongoing zero-COVID-19 measures are stifling consumer spending and retail growth.
Snapchat+ shows early signs of success: Subscription service reaches 1 million members, outperforms Twitter Blue on revenue in its first month.
Max Levchin said the company’s underwriting process and business model would help it withstand a financial downturn.
Maps are a safe space for Apple’s ad expansion: Apple has a low share of this market and can point to competitors that already sell map ad space.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss how consumers take sustainability values into account when choosing a product, why it's hard to figure out if a brand is sustainable, and how susceptible consumers are to greenwashing. Then for "Pop-Up Rankings," we rank the biggest opportunities for retailers surrounding sustainability. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Blake Droesch.
Is Trader Joe’s the next Starbucks? Two successful unionization efforts point to the start of a mass effort at the grocer, which could inspire more retail workers to organize.
Walmart’s latest earnings showed inflation is still making an impact but not as big as analysts expected.
In our first-ever, same-day competitive analysis, we dive into how the megastore is faring, how our own forecasts stack up against Walmart’s earnings, and what our analysts have to say about its future.
Amazon looks to physical stores to unlock growth: The retailer is reportedly undergoing a reorganization that aims to improve collaboration between its physical stores.
US banking digital ad spend will hit $13.54 billion in 2022, up 20.4% year over year. Growth was even faster in 2021, when banks anticipated an upswing in consumer spend. In the coming years, growth will decelerate but remain in the double digits.
An EV monkey wrench: As the end nears for looser EV tax credit requirements, Rivian fights to retain customers while VinFast seizes an opportunity. EVs could get pricier in the short term.
Meditation app Calm laid off 20% of its staff, including marketing employees. We detail why advertising costs are becoming difficult for health tech companies to maintain.
Amazon and CVS Caremark are among the top online pharmacies as consumers look to save time and money on their meds—which will outlast the period of economic uncertainty.
Nextstar’s purchase of The CW is a big shift for Warner Bros. Discovery: The latter is looking to show more discipline and focus on maximizing its DC characters.