The U.S. Supreme Court reportedly said Wednesday (Dec. 18) that it will hear TikTok’s appeal of a law that would see the app banned in the United States if it is not sold by its Chinese parent company, ByteDance. The court scheduled arguments in the...
Instagram will soon make up half of parent company Meta’s advertising revenues in the United States. The photo-and-video-sharing app will exceed $32 billion in U.S. ad revenue next year, Bloomberg reported Wednesday (Dec. 18), citing data from Emarketer. That’s a 24% increase from this year....
Temu was the most downloaded free app in Apple’s App Store in 2024, Apple said Monday (Dec. 16). The app earned that ranking across iPhone and iPad, Apple said in a Monday press release. In 2023, when Apple broke down its rankings by device, Temu...
Big Lots’ Chapter 11 bankruptcy filing and upcoming acquisition by Nexus Capital Management revealed the deep-rooted issues in the company’s business model, particularly its struggle to adapt to the digital age. In a previous interview with PYMNTS, Sudip Mazumder, SVP, retail industry lead, North America at digital...
December 16, 2024
Big Lots’ Chapter 11 bankruptcy filing and upcoming acquisition by Nexus Capital Management revealed the deep-rooted issues in the company’s business model, particularly its struggle to adapt to the digital age. In a previous interview with PYMNTS, Sudip Mazumder, SVP, retail industry lead, North America at digital consultancy Publicis Sapient, said Big Lots relied on a traditional brick-and-mortar […]
December 10, 2024
The days of chief financial officers and treasury teams being tethered to desktops or waiting for approvals via email are over. By the end of 2024, Bank of America’s corporate...
December 04, 2024
Despite facing a softer-than-expected retail environment in the third quarter, Foot Locker President and CEO Mary Dillon remains optimistic about the company’s long-term digital strategy, including a new mobile app and...
November 27, 2024
It’s fitting to look at PYMNTS’ Provider Ranking of Travel Apps, considering this week is one of the busiest travel periods of the year. Each month, PYMNTS determines the most...
December 19, 2024
MoneyLion launched a partnership with YouTube superstar Jimmy Donaldson, better known as “MrBeast.” The FinTech is partnering on “Beast Games,” a new competition series by MrBeast that premiered on Prime Video Thursday (Dec. 19), according to a press release issued the same day. MoneyLion is also launching the MoneyLion Beast Games Giveaway, a $4.2 million […]
December 18, 2024
The U.S. Supreme Court reportedly said Wednesday (Dec. 18) that it will hear TikTok’s appeal of a law that would see the app banned in the United States if it...
December 18, 2024
Instagram will soon make up half of parent company Meta’s advertising revenues in the United States. The photo-and-video-sharing app will exceed $32 billion in U.S. ad revenue next year, Bloomberg...
December 16, 2024
Temu was the most downloaded free app in Apple’s App Store in 2024, Apple said Monday (Dec. 16). The app earned that ranking across iPhone and iPad, Apple said in...