Meta has unveiled a series of tools designed to help creators earn money on its Facebook and Instagram platforms. In its announcement Wednesday (Nov. 2), the company said it will let creators make their own non-fungible tokens (NFTs) on Instagram and sell them to fans...
On a day when investors’ double-digit disappointment over Peloton’s earnings and guidance scream for attention, it can be hard to hear the soft-spoken insights of the connected fitness firm’s new CEO. And yet, while Barry McCarthy is clear that “Peloton’s turnaround remains a work-in-progress,” he...
In a virtual try-on (VTO) partnership where scale meets scale, Amazon Fashion and Snapchat have agreed to connect products with people via a new digital fitting agreement aimed at moving merchandise and reducing returns. Starting with eyewear, the new pairing of Snap’s AR Lens filter...
After a quarter in which its revenue, active customers and orders dropped, home goods platform Wayfair is working to reduce costs by a half-billion dollars while also aiming to grow. It is doing this by working to “control the controllables,” Wayfair CEO, Co-founder and Co-Chairman...
Athletic performance apparel, footwear and accessories brand Under Armour is expanding its efforts to offer not only the products athletes wear while playing sports, but also the ones they need at other times of the day. Company executives said Thursday (Nov. 3) during the company’s...
Casual footwear company Crocs said revenues of its Hey Dude brand should surpass $1 billion next year as it begins selling the men’s shoe line overseas. “We’re going to put our toe in the water next year,” CEO Andrew Rees said Thursday (Nov. 3) when...
Despite a continent-wide economic slowdown and comparatively deflated financial markets, Europe is on track to match last year’s record-breaking venture capital (VC) activity, which saw over 12,000 deals raise over 100 billion euros, according to PitchBook’s latest European Venture Report. The report cautions, however, that although...
Etsy has been investing in upgrades to its search functions to relieve its customers of what CEO Josh Silverman calls “our tyranny of choice.” Speaking to investors on a third-quarter earnings call Wednesday (Nov. 2), Silverman described feedback he’d seen from a shopper who passed...
An interview with Pablo Molina, former chief information officer and vice president of IT at Georgetown University and current chief information security officer at Drexel University — B2B payments fraud is a major problem affecting businesses of all kinds — including institutions of higher education,...
