Meta has begun its rollout of generative artificial intelligence (AI)-powered features for ad creatives in its Ads Manager. The features aim to help advertisers create and optimize their ad campaigns, the company said in a Wednesday (Oct. 4) press release. The global rollout of these...
The continued buildout of Nike’s digital channels and direct-to-consumer (D2C) sales, as well as the brand’s inextricable ties to an ecosystem, are helping buck pressures on discretionary spending. The company reported fiscal first-quarter earnings results last week that showed Nike Direct revenues reached $5.4 billion,...
On Monday (Oct 2), Oddity Tech reported third-quarter results that showed revenue growth of 29% to 31% and attributed this to repeat sales in its Il Makiage and Spoiled Child brands. In June, PYMNTS reported that the Israeli firm, founded in 2018 by siblings Oran...
Uber’s package delivery service is now also a package return service. The delivery/ride-hailing giant announced Wednesday (Oct. 4) that it wants to help customers avoid the hassle of returning goods in the mail via its Uber Connect program. According to a news release, Uber Connect...
Dan Chandre, Squarespace vice president, head of Acuity and payments, told Karen Webster that a key to connecting merchants with his firm’s platform lies with payments. And to that end, Squarespace’s taking on the mantle of payments facilitator. “It’s the beginning of an evolution,” he...
The generative artificial intelligence (AI) market for healthcare is valued at more than $1 billion as of 2022, and it is projected to swell to nearly $22 billion by 2032. Technology giants, venture capitalists and private equity firms will play a significant role in that...
Projections suggest that the resale industry will surge to $53 billion in 2023. Interestingly, prominent players like The RealReal have yet to achieve profitability. While the specific factors contributing to The RealReal’s persistent lack of profitability since its establishment in 2011 remain uncertain, it’s worth noting that...
The greatest innovations are those that democratize access to new skills and empower populations. Generative artificial intelligence (AI) promises to be one of those innovations. But a side effect of that democratization is that it can be used by anyone — even criminals and bad...
As biometric payments catch on across industries, restaurants looking to use these technologies to reduce friction in transactions may be best served by fingerprint scan technology, even if facial recognition is more common, PYMNTS Intelligence suggests. By the Numbers PYMNTS’ study “Tracking the Digital Payments...
