April 06, 2023
TikTok Ad Spending up 11% Despite Ban Threat
TikTok might get banned in the U.S., but advertisers apparently aren’t behaving that way. Ad spending on the popular social media platform grew by 11% last month, the Financial Times...
April 05, 2023
Meta Launches Computer Vision Model to ID Objects
Meta has launched new computer vision tools that help identify objects within an image. The tools include the new Segment Anything Model (SAM) and the Segment Anything 1-Billion mask dataset...
April 05, 2023
UK Probes Amazon & Microsoft Cloud Services
UK regulators have accused Microsoft and Amazon of unfair competition practices in the cloud services market. This development could potentially lead to an antitrust investigation into their business practices. Ofcom,...
April 05, 2023
FedEx Reorg Puts Amazon in Crosshairs in Battle Over eCommerce...
FedEx’s reorganization won’t just be about the bottom line. The move is one that seeks to boost profit margins, where the company is eyeing a stated $4 billion in permanent...
April 05, 2023
Germany Monitors Apple Closly For “Anti-Competitive Practices”
The German government has officially categorized Apple as a company with a significant cross-market impact on competition, potentially leading to regulatory intervention in cases of suspected anti-competitive behavior. Bundeskartellamt has...
April 05, 2023
Barnes & Noble CEO: Store Expansion and Revamped Loyalty See...
Bookstores — remember those? — have staged something of a comeback during the pandemic years, and the question now is can that really be sustained? Driven by factors from streaming...
April 05, 2023
Blue Apron Expands Partnership With DoorDash’s DashMart
Blue Apron and DoorDash’s DashMart have expanded their partnership to 11 new markets. The expansion makes Blue Apron’s Heat & Eat meals available in a number of new locales, including...
April 05, 2023
Poshmark Invites Sellers to Go Live With ‘Posh Shows’
Fashion resale platform Poshmark has entered the world of livestream shopping. The company Wednesday (April 5) debuted Posh Shows, which allows people to livestream on the site for the first...
April 05, 2023
Brand Loyalty Falters as High Inflation Continues, Study Finds
High inflation has made consumers cut back on everything but the necessities, and an unexpected characteristic has hit the chopping block: loyalty. PYMNTS’ data finds that about half of shoppers...
