July 19, 2024
Japan’s Boomers and Seniors Don’t Like Digital. Why That’s a...

In the Land of the Rising Sun, where tradition meets technology, Japan is navigating a digital crossroads. Despite pioneering 3G technology and boasting a vibrant mobile culture, the nation finds...

July 18, 2024
Netflix Adds 8 Million Subscribers, Touts Advertising Revenue 

Netflix released its second-quarter earnings on Thursday (July 18), emphasizing its ongoing foray into the advertising realm initiated in late 2022. The streaming giant posted a 17% surge in revenue...

July 18, 2024
Prime Day Sales Climb 11% as Shoppers Spend $14 Billion,...

American shoppers reportedly spent $14.2 billion during Amazon’s Prime Day event, setting a record for the number of items purchased. That’s an 11% increase over last year for the 48-hour...

July 18, 2024
Meta Eyes Major Buy in EssilorLuxottica to Boost Smart Glasses...

Meta, the owner of Facebook, is exploring a multibillion-euro investment in the eyewear giant EssilorLuxottica. According to sources familiar with the matter, the Silicon Valley company is considering acquiring a...

July 17, 2024
Ally Reports Net Charge-Offs Rise Due to High-Priced Cars

Ally Financial reported Wednesday (July 17) that its net charge-offs (NCOs) in the second quarter rose in comparison to the same quarter a year earlier, due in part to losses...

July 17, 2024
Shop Talk: Grubhub’s Grocery VP Says ‘We’ll Catch Up Very...

At a time when its competitors were announcing new grocery options by the hundreds, Grubhub appeared to be hanging back. Still, as it enters the fray, the aggregator sees a...

July 12, 2024
Delta Airlines Q2 Earnings: Business Travel Continues to Surge

Business travel at Delta Air Lines is surging, exceeding expectations with “mid-teens” growth, according to a Thursday (July 11) Q2 earnings transcript. Delta President Glen Hauenstein said during the call...

July 12, 2024
Paris Olympics Draws 18% More Sponsor Spending Than 2021

U.S. companies are reportedly looking to this summer’s Paris Olympics to put them ahead of their competitors. Event sponsors have spent 18% more on the upcoming Olympics than they spent...

July 11, 2024
Will Olympics Bring About an Online Betting Bump?

Sportsbooks and daily fantasy operators are reportedly awaiting a bump in Summer Olympics-related betting. As CNBC noted in a report Thursday (July 11), this year’s Paris games will be the first Olympiad...