The CE 100 Index gained 0.7%, buoyed by continued earnings reports that boosted the fortunes of the Shop and Live pillars. Shares of Koninklijke Philips N.V. (Philips) were 27.6% higher, as the Live segment of the CE 100 Index was 4.2% higher. The company said...
In the wake of Peloton’s restructuring efforts that come amid a decline in user engagement and a shrinking user base, the connected fitness industry finds itself at a critical juncture. While Peloton’s actions shed light on sectoral challenges and responses, a broader examination reveals deeper trends shaping the future of fitness and...
Cybercriminals exploit various avenues to target consumers, with one particularly vulnerable point being bad default passwords. The United Kingdom has taken a step toward closing this security gap by introducing a consumer protection law. Considered the first of its kind globally, the rule sets a precedent in safeguarding consumers...
Peloton made headlines on Thursday (May 2) as it announced the launch of restructuring efforts, including laying off approximately 400 employees — about 15% of its global workforce — and reducing its retail showroom footprint to mitigate costs. This announcement, coinciding with its Q3 fiscal year earnings report,...
May 06, 2024
The CE 100 Index gained 0.7%, buoyed by continued earnings reports that boosted the fortunes of the Shop and Live pillars. Shares of Koninklijke Philips N.V. (Philips) were 27.6% higher, as the Live segment of the CE 100 Index was 4.2% higher. The company said comparable sales were 2% higher year over year, to 4.1 […]
April 30, 2024
Many gamers are open to making purchases while they explore their favorite virtual worlds, and retailers are seizing on the opportunity. Most recently, Walmart launched a store within the world of Roblox Monday (April 29) where...
April 29, 2024
All pillars in the CE 100 Index posted gains for the week, as earnings spurred broad-based rallies. Snap was up 30.1%, helping drive the Communications pillar up by 12.5%. Snap...
April 18, 2024
Business need to fight fraud with data, says Bryan Lewis, CEO of Intellicheck. He breaks it down in the new PYMNTS eBook, “The Implications of Uncertainty.” Data breaches and mail theft...
April 16, 2024
Sheeva.AI has announced that its in-vehicle payment technology is now available in Citroën vehicles in India. The solution powered by the company’s SheevaConnect product suite is available in Citroën C3 Aircross SUV AT vehicles that are in showrooms across the country, the company said in a Tuesday (April 16) press release emailed to PYMNTS. Sheeva.AI described the vehicle in […]
April 10, 2024
Guesty raised $130 million in a Series F funding round to expand the capabilities and global footprint of its property management software platform for the short-term rental (STR) and hospitality industry....
April 08, 2024
Bank of America’s virtual financial assistant, Erica, is now engaging with clients 2 million times per day. Clients’ use of the virtual assistant has accelerated since its launch in 2018, the...
April 08, 2024
The United States is closer to achieving nationwide data privacy protections, according to a pair of lawmakers. Sen. Maria Cantwell and Rep. Cathy McMorris Rodgers, both of Washington and the heads of their...
