December 06, 2024
AI Visual Search Apps Target Social Media Style of ‘See-Now-Buy-Now’
Tech firms are escalating their push to turn every outfit spotted on social media into an instant shopping opportunity, with startup Aesthetic launching the latest entry into the artificial intelligence...
December 06, 2024
Walmart’s Gains in Premium Market Shake Up Holiday Sales
Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers. Walmart reported record sales for its third-party...
December 01, 2024
Construction Accident Triggers $106 Million Italian Payments Outage
Italy has reportedly restored an outage to its payment services that hindered Black Friday sales. The disruption on Nov. 28 and 29 had been restored by Saturday (Nov. 30), Bloomberg...
November 29, 2024
Overcoming Moats and Entrenchment: Disruptive Innovation in Generative AI May...
Recent enforcement and the establishment of ex ante regulation of digital platforms is predicated on them having durable and entrenched market power. In the short time since regulatory regimes have...
November 27, 2024
Expedia Tops Travel App Provider Ranking Ahead of Busy Season
It’s fitting to look at PYMNTS’ Provider Ranking of Travel Apps, considering this week is one of the busiest travel periods of the year. Each month, PYMNTS determines the most...
November 27, 2024
Making Sense of the Patchwork of U.S. State Consumer Privacy...
California was the first state to enact comprehensive consumer privacy legislation in 2018. Since then, 19 other states have done so, but have added to or subtracted from California’s approach. ...
November 27, 2024
Cookie Consent is Broken: Time for a New Privacy Protection...
The internet relies on cookies and personalized advertising to provide services at zero nominal prices. Current privacy regulations in the EU and U.S. use a notice-and-consent model, assuming users understand...
November 27, 2024
Personal Data Exploitation as Excessive Pricing: A Review of the...
In 2019, the Bundeskartellamt sanctioned Facebook (now Meta) for abusing its dominant position in the market for social media for private users by imposing abusive privacy terms and conditions on...
November 27, 2024
Apple Loses to Android as Smartphone Market Recovers
New research shows the smartphone market recovering in 2024 following two years of sharp declines. However, Apple’s iPhone played just a small part in that recovery compared to rival Android...