US citizens were motivated to open bank accounts to quickly receive stimulus checks and unemployment benefits.
Two digital challengers led the Q2 list in winning newly switched customers. And they didn’t offer financial incentives.
Visa’s payments volume grew 10% YoY, and Mastercard’s increased 11% YoY. Both firms benefited from strong travel spending, among other factors.
Amazon’s Q3 earnings are a mixed bag: Strong sales and ad growth helped return the retailer to profitability, but the company’s retail business continues to lose money.
Affiliate marketing is getting a second wind as emerging publishers and creators attract a new crop of advertisers. Here’s a refresher on the benefits of affiliate marketing, as well as a word of caution for advertisers interested in giving it a try.
Pinterest is bright light in dim Q3 for social platforms: Company delivers better-than-expected revenue and notes deeper engagement with users.
WPP, which owns advertising agencies Ogilvy, Wunderman Thompson, and VMLY&R, boosted its guidance this week after reporting a 10.3% increase in revenues.
Shopify exceeded expectations for the third quarter, reporting higher-than-expected revenues and a smaller-than-expected loss.
Insider Intelligence spoke with Julie Van Ullen, Managing Director, Rakuten Rewards about the current shift in consumer behavior as a result of inflation and the recent challenges many brands have been facing.
Tesla in hot water over Autopilot, Argo AI shutters: Vehicle crashes, dubious marketing strategies, and public fears take a toll on the AV sector, but a revival is possible.
Frictionless billing isn’t fiction in healthcare: We unpack Banner-Aetna’s announcement on a new frictionless billing program for its members.
YouTube calls on docs to share expert knowledge: The video hosting platform’s latest move to combat health misinformation comes at a critical time.
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.