April 26, 2024
Meta’s $35 Billion Bet on AI Fuels the Tech Arms...
Meta announced a $35 billion investment in artificial intelligence (AI) for this year, signaling an aggressive push in the escalating tech arms race. This colossal investment raises pivotal questions about...
April 25, 2024
Alphabet Q1 Earnings Focus on AI Monetization
Come for the comments about AI. Stay for the earnings call. That will most likely be the pattern of big tech earnings over the next two weeks as companies prioritize...
April 25, 2024
Consumers Dissatisfied by Small Merchants’ Digital Presences
As consumers have grown to expect seamless digital convenience, many are finding that smaller merchants fall short of their expectations, PYMNTS Intelligence reveals. By the Numbers The “2024 Global Digital...
April 25, 2024
Walmart Gives Online Shoppers VIP Treatment to Compete With Amazon
As Walmart looks to speed its digital transformation in an effort to shrink the eCommerce gap between itself and rival Amazon, the retailer is giving digital shoppers exclusive access to get them...
April 24, 2024
Walmart Investors Expect Stiffer Competition in Grocery Sector From Amazon
Investors reportedly expect increased competition in the grocery sector after Amazon’s announcement Tuesday (April 23) of a new grocery delivery subscription benefit. Walmart and Kroger shares declined 1.8% and 2.3%, respectively, Tuesday, in moves...
April 24, 2024
DoorDash and Walgreens Team to Offer SNAP/EBT Payments
DoorDash has teamed with Walgreens to offer SNAP/EBT payments at nearly 7,800 locations. According to its announcement Wednesday (April 24), DoorDash is the first platform that enables SNAP customers to make purchases directly from Walgreens...
April 24, 2024
Odessa Launches Originations Platform, Plans Auto Finance Suite
Equipment finance company Odessa has entered the auto industry. The company has launched an originations platform called Odessa Auto and plans to grow it into a full-service end-to-end auto finance suite, Odessa said in...
April 23, 2024
Spotify Dubs 2024 ‘Year of Monetization’ as Subscribers Surge 14%...
Spotify is tuned in to upbeat earnings outcomes, marking a robust beginning to its designated “year of monetization” after a standout performance in 2023 characterized by significant revenue growth, margin...
April 23, 2024
Shoppers Seek More Accessible Grocery Options From eCommerce Marketplaces
Consumers find stores’ own online grocery platforms more accessible than third-party marketplace offerings, bucking broader retail trends. Now, major players such as Amazon and DoorDash are trying to win those...
