The United Kingdom’s National Crime Agency (NCA) reported Thursday (Aug. 1) that it shut down a platform that was used to make 1.8 million scam calls to people in 107 countries. The platform, Russian Coms, enabled criminals to place calls that appeared to come from the...
Analysts are reportedly awaiting earnings reports from major retailers with interest after Amazon’s latest results “sent a chill” through the sector. Amazon reported its results Thursday (Aug. 1), while Walmart will do so on Aug. 15, followed by Target and Kroger, Reuters reported Friday (Aug....
It was the thick of earnings season this week, but that didn’t mean PYMNTS’ interviews with key executives took a break. Here are some of the most notable quotables for the week ending Aug. 2 in case you missed them. We started the week with...
The largest banks in the United Kingdom are reportedly cutting costs to protect profits as interest rates begin to decline. The moves come as the Bank of England voted this week to cut rates for the first time in four years and signaled that there...
As merchants look to target their offerings to consumers’ unique needs and preferences, Gopuff is tapping personalized ads to drive additional revenue. In an interview with PYMNTS following the company’s recent launch of its new in-house ads platform, Daniel Folkman, SVP of business at the...
Industry giants are going all-in on artificial intelligence (AI), with Meta, Apple and Nvidia leading the charge. As the FTC ramps up oversight and ethical concerns loom, these companies are racing to integrate AI into everything from advertising and mobile commerce to humanoid robots, promising...
Big Tech companies’ efforts around artificial intelligence (AI) are reportedly getting a largely negative reception on Wall Street. In the days since their most recent earnings reports, Amazon, Microsoft and Alphabet have seen their share prices decline, Bloomberg reported Friday (Aug. 2). These companies failed to show that they are gaining...
Online fashion retailer Revolve Group is reportedly looking at opening more brick-and-mortar stores in luxury destinations after opening its first such store in Aspen, Colorado, in June. Revolve is considering opening stores in Hamptons beach towns outside New York; Montecito, California; Manhattan; and Beverly Hills,...
As Walmart and Amazon look to boost their margins through digital media sales, the two retail giants are sweetening the deal for potential advertisers. The former announced last month that its warehouse club chain subsidiary Sam’s Club’s Member Access Platform (MAP) is launching display ads...
