With a $550M raise, the crypto as a service platform quadrupled its valuation to $8B as large companies increasingly seek out opportunities in digital currencies.
Why Macy’s is opening off-mall stores: The department store chain aims to drive consumers to shop across multiple channels.
Advertisers ask regulators to ease up on ad-targeting legislation: Two advertising groups said banning targeted ads could seriously harm the US economy.
Both card networks reported strong volume growth and outlined ambitions for cryptos and B2B payments.
he UK-based neobank’s remittances feature isn’t unique but could still help it build name recognition in Mexico ahead of a direct launch.
Diem could still succeed under bank ownership: Under Silvergate, a bank that offers crypto-related services, the ex-Meta stablecoin will have a better chance to stay clear of regulatory clouds.
Needham’s cannabis division buy could prove prescient: The Massachusetts regional bank’s pending acquisition of Eastern Bank’s specialty division sets it up for prominence within an often-shunned sector.
TikTok takes up more of its users’ time than any other social media platform in the US. This year, adult TikTok users will spend an average of 38 minutes per day on the short-video app. Twitter ranks second, with a daily average of 35 minutes, while third-place Facebook will see 31 minutes per day from the average adult user.
Instacart will allow merchants to run storefronts and display ads: The move follows months of high-level advertising hires from Big Tech firms.
Based on our US Digital Grocery Features Benchmark 2022 report, which evaluates 10 digital grocers based on an analysis of 30 different features on their websites, membership and account features are the most important features to consumers.
China’s tech giants are racing to own the technology of the metaverse: Tencent, Baidu, Oppo, and Huawei are beating US counterparts to the AR/VR patent punch.
Amazon, Apple, Google, Meta, Microsoft, and others back EPA’s greenhouse gas regulations: A letter to SCOTUS outlines the urgency to avert effects of climate change, but are Big Tech companies practicing what they preach?
Strong iPhone sales push Apple’s revenues to record-high levels: Its success intensifies pressure to produce the next big thing, which could be an EV or an AR platform.
Creator funds see mixed success: Social platforms offer more monetization tools than ever, but many content providers still struggle to get paid.