Meta is reportedly looking to buy a stake in its smart glasses partner EssilorLuxottica. The tech company is in talks to acquire a 5% stake in the eyewear maker, which owns the Ray-Ban brand, The Wall Street Journal (WSJ) reported Thursday (July 18), citing unnamed...
From the metaverse to video game worlds, fashion companies are releasing digital clothing and accessories to create new sales opportunities and get consumers to engage more with their brands. Vans, for instance, is expanding its presence within online game platform and game creation system Roblox....
Earnings season is in full swing, as big banks – specifically, JPMorgan and Citigroup – helped sway the fortunes of the CE 100 Index. The Index was up 1.3% for the week, as the bank earnings detailed relative strength in consumer spending, though company management...
As food and beverage brands look for new ways to drive acquisition and loyalty, key players are turning to virtual worlds to reach consumers in more parts of their day-to-day digital routines. Take, for instance, video game worlds. Quick-service restaurant (QSR) chain Whataburger announced Monday...
July 15, 2024
Earnings season is in full swing, as big banks – specifically, JPMorgan and Citigroup – helped sway the fortunes of the CE 100 Index. The Index was up 1.3% for the week, as the bank earnings detailed relative strength in consumer spending, though company management at Citi and at JPMorgan took note of pressures facing […]
July 04, 2024
The promise of artificial intelligence to generate images from simple text prompts has captured imaginations, with tools like DALL-E and Midjourney producing visuals. Yet, as users push the boundaries of...
July 01, 2024
As tech giants worldwide scramble to dominate the artificial intelligence (AI) chip market, South Korea’s SK Hynix is making a $74.6 billion wager that could redefine the semiconductor industry —...
June 04, 2024
Meta’s recent news that it is seeing a surge in younger users may help set the stage for a rising tide in social commerce. The platform model — not just...
July 18, 2024
Meta has reportedly suspended its generative artificial intelligence (AI) tools in Brazil after one of the country’s regulators objected to part of the company’s privacy policy. Earlier in July, Brazil’s National Data Protection Authority (ANPD) suspended the validity of Meta’s new privacy policy, saying the company would have to exclude the section about the processing […]
July 18, 2024
Meta is reportedly looking to buy a stake in its smart glasses partner EssilorLuxottica. The tech company is in talks to acquire a 5% stake in the eyewear maker, which...
July 09, 2024
User growth at X has reportedly slowed since Elon Musk’s takeover in 2022. As the Financial Times (FT) reported Tuesday (July 9), the social media platform once known as Twitter...
July 03, 2024
About a year after its launch, Threads has topped 175 million monthly active users. “Threads now has more than 175M monthly actives. What a year,” Meta Founder, Chairman and CEO...
