Social Media/page/5 news and trends

Telegram Founder Arrested in France in Cybercrime Probe
Security & Fraud // August 25, 2024

 Telegram’s founder has reportedly been arrested in France as part of a cybersecurity investigation. Pavel Durov, the Russian-born billionaire behind the popular messaging app, was detained at Le Bourget airport outside Paris and taken into custody shortly after landing on a private jet late Saturday...

Mango and Farm Rio: Targeting US Consumers With Global Appeal and Local Relevance
Retail // August 19, 2024

In the competitive arena of international fashion, Mango and Farm Rio are each pursuing distinct strategies to capture the U.S. consumer market. Both brands, hailing from different points on the globe — Mango from Barcelona and Farm Rio from Rio de Janeiro — are leveraging...

NFL Ups Its Social Media Game With Kansas City Chiefs Leading Digital Surge
Social Commerce // August 14, 2024

As if being two-time defending Super Bowl champions isn’t enough, the Kansas City Chiefs have set a new standard in the NFL’s digital arena as the National Football League has upped its collective social media game. NFL teams are enhancing their digital presence through several...

Creators Turn to Nontraditional Platforms Like Substack for Luxury Social Commerce
Social Commerce // August 14, 2024

As influencers experiment with the best platforms to monetize their followings, some find that to reach a luxury audience, Instagram and TikTok do not quite cut it. Caley-Rae Pavillard, an influencer and vice president of business development and partnerships at social monetization company ShopMy, told...

Interviews & Exclusives
@Girls Host: Social Commerce Is Influencing More Personal Content

August 12, 2024
As consumers increasingly look to social media to inspire their shopping, the social commerce space is becoming more and more about individual creators’ personalities. Jillian Lenna, content creator at 10PM Curfew and host of the @girls page with more than 12 million TikTok followers and 7 million Instagram followers, said in an interview with PYMNTS […]

Discover Global Network Points to Social Commerce as Example of Shopping’s Digital Transformation

August 12, 2024
The lines between social interaction and commerce are increasingly blurred, and they show no signs of separating, at least not anytime soon. “Social commerce takes the entire shopping experience, from...

Spirits Distilleries Say Rising Delivery Costs Have Consumers Cautious About Buying Booze Online

August 07, 2024
As consumers seek to balance convenience and cost, alcoholic beverage brands are seeing current economic pressures hamper enthusiasm for beer, wine and spirits delivery. In an interview with PYMNTS for...

How Technology With a Side of Service Is Shaping Restaurant Loyalty

August 06, 2024
Shifts in consumer behavior and advancements in technology are transforming the restaurant industry. The evolving landscape of loyalty and engagement is also a trend to watch, Steve Fusco, president and...

Quick Reads
Meta Says Tech and Banking Giants Use Its AI

August 29, 2024
Meta says its AI models have been downloaded nearly 350 million times since last year. That’s more than 10 times the downloads compared to this time in 2023, the social media giant said Thursday (Aug. 29), with more than 20 million downloads in the last month. “The success of Llama is made possible through the […]

Telegram Founder Arrested in France in Cybercrime Probe

August 25, 2024
 Telegram’s founder has reportedly been arrested in France as part of a cybersecurity investigation. Pavel Durov, the Russian-born billionaire behind the popular messaging app, was detained at Le Bourget airport...

Amazon Deals Expands to TikTok, Pinterest

August 08, 2024
Amazon has  partnered with TikTok and Pinterest to let the users of those social media apps buy products from Amazon without leaving those apps. This offering is designed to make...

Report: X Working on Adding ‘Payments’ Button

August 06, 2024
X is reportedly getting closer to introducing a payment service. The social media platform and aspiring “everything app” is working on adding a “Payments” button to the navigation bar, TechCrunch...