Gaming Niche Strong, Most Say it is a Top Activity

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Around 96% of Gen Z (1997-2007) and Millenials (1983-1996) listed video games as one of their top three most frequent activities, according to a Deloitte digital media...

Crypto Contagion Spreads: Coinbase to lay off 950 Workers

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Coinbase Global announced on Tuesday that it will eliminate around 950 positions, or 20% of its employees, as part of a reorganization plan that represents the third...

Consumer Electronics will Struggle this Holiday Season, but Apparel will Outperform

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As the holidays approach, American consumers do not lack disposable income and are generally in superb financial shape. However, they no longer require the high-priced items—such as...

B2B Marketers Claim that Social Media Increases Sales

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According to Wpromote and Ascend2, 60% of US B2B marketers believe social media would be the most effective B2B medium for driving profits in 2023. According to Insider...

Almost Two Thirds of US States have Passed or are Considering Privacy Laws

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According to the International Association of Privacy Professionals, 16 states in the United States have implemented broad consumer privacy legislation as of April 2024. EMarketer reported that five...

Pinterest’s Poor Outlook Shows Heavy Competition for Ad Spend

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Pinterest estimated first-quarter revenue considerably below Wall Street expectations on Thursday, indicating that it will face stiff competition from larger social media competitors even as the digital...

Pinterest Underused E-commerce Platform

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Pinterest is one of the most underutilized social media tools for company promotion. The lack of popularity, however, is not owing to a lack of promise, according to...

Meta Launches Instagram, Facebook Ad-Free Plans in Europe

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To comply with European Union rules, Meta Platforms announced on Monday that it will offer European customers a subscription plan to use Facebook and Instagram without advertisements. Monthly...

2022 US E-commerce Sales to Top $1 Trillion

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US retail e-commerce sales will reach over $1 trillion this year, an increase of 9.4% from $960.44 billion last year. According to data by Insider Intelligence/eMarketer, more than...

Daily Facebook Users Drops for First Time in 18 Years

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Meta's Facebook daily active users have dropped for the first time in 18-year history. Meta Platforms announced that daily active users decreased to 1.929 billion in the three...