April 30, 2024
Analysis: Microsoft’s $1.7 Billion Bet on Indonesia’s Digital Future Shows...
In a move that underscores the growing global interest in artificial intelligence (AI), Microsoft has announced an investment of $1.7 billion over the next four years in Indonesia. This investment, part...
April 30, 2024
When Consumers Buy Electronics, Online Marketplaces Beat Physical Stores
Typically, consumers’ preferred purchasing channel remains the physical store, but when it comes to buying electronics, shoppers turn to third-party marketplaces for affordability and convenience. By the Numbers The new PYMNTS Intelligence...
April 30, 2024
LTK Adds New, Longer-Format Videos to Commerce Platform for Creators
LTK now offers new, longer-format videos on its commerce platform for creators. The company has also added a new Products Tab and Link Optimization technology, LTK said in a Tuesday...
April 30, 2024
PayPal Sees Jump in Transactions Per Account as Fastlane Checkout...
PayPal’s transactions per active account grew by double digits in the latest quarter, and debit spending boosted results, while easier, faster checkout boosted conversions. Total payment volumes were up 14%...
April 30, 2024
Apple Beefs up AI Talent Pool by Recruiting From Google
Apple has reportedly hired away dozens of artificial intelligence experts from Google. That’s according to a Tuesday (April 30) report by the Financial Times (FT), which analyzed hundreds of LinkedIn profiles, along with job...
April 30, 2024
Walmart Debuts ‘bettergoods’ in Massive Private Label Expansion
Walmart is expanding its private-label offerings with the debut of “chef-inspired” food brand bettergoods. Announced Tuesday (April 30), bettergoods represents Walmart’s largest private-brand food rollout in two decades, the company said in a...
April 30, 2024
Why Measuring the ROI of Transformative Technology Like GenAI Is...
Google’s market cap topped $2 trillion last week after quarterly earnings convinced investors that demand for its GenAI platform was not only strong but being monetized in the here and...
April 30, 2024
Report: Goldman Could Hand off GM Card to Barclays
Goldman Sachs is reportedly closer to exiting its General Motors credit card business. The banking giant is in discussions with Barclays to transfer the issuance of the cards, the latest...
April 30, 2024
Middle Market Emerges as Underserved Opportunity for Financial Services
The financial services industry tends to think at opposite ends of the spectrum when it comes to business customers. Solutions providers, banks and credit card companies tend to pay a lot of...