Elon’s X dreams will suffer from Twitter’s trust problem: Piecemeal partnerships, like its latest with eToro, won’t drive the earth-shattering change the social media platform needs.
Apple opens first stores in India amid broader push to grow local sales, production: The company is turning to the fast-growing market as it looks to reduce its reliance on China.
CTV to continue strong US growth: Households using the format to more than double pay TV in 2024, aided by tech shifts.
Digital transformation has upended the global remittance market, thereby pressuring consumer pricing, reshaping the competitive battlefield, and creating new playbooks for traditional money transfer operators.
Retailers and restaurants struggle to fill positions: Over 36% of companies said hiring has gotten harder over the past year.
UPS workers are prepared to strike if contract negotiations drag on: Union members are holding out for better pay and job protections.
As investment capital dries up, Amazon aggregator Razor Group swoops in: The company is capitalizing on current market conditions to absorb competitors and drive greater consolidation in the aggregator space. (This article was written with the assistance of ChatGPT.)
“The lines between physical and digital experiences are becoming blurred, and businesses need to resource and cater to both adequately,” said Diana Haussling, vice president and general manager of consumer experience and growth at Colgate-Palmolive.
Walmart to sell Bonobos as digitally native D2C brands lose their luster: WHP Global and Express will acquire the brand for $75 million to shore up the latter’s business.
Higher-income consumers feel the pinch of soaring inflation: US retail sales growth slowed to 2.9% year-over-year in March as spending on big-ticket items slowed.
YouTube plans to roll out its affiliate program to all creators: TikTok is also testing a similar program as social commerce remains a crucial revenue opportunity.
The deal is a sign that Intel is serious about pivoting into the foundry business. Having Arm as a client could make Intel one of the most competitive foundries in the world.
The UK’s cost of living crisis takes a bite out of Tesco’s profits: The company’s profits halved from roughly £2 billion to £1 billion in fiscal 2022 / 2023.
While retail as a whole is looking for ways to deploy generative AI to support operations and enhance customer experience, fashion ecommerce is likely to see some of the biggest impacts.
The Meta-owned company's determination to overcome regulatory hurdles could signal bigger international ambitions