Customers’ Limited budgets Dampen Amazon’s outlook
Amazon.com said on Thursday that its operating profit could fall to zero in the current quarter as layoff savings fail to offset the financial impact of consumers...
Shopify Drops as Investors Fear Large Spending in Weak Economy
Shopify shares fell 16% on Thursday after the Canadian tech giant's poor first-quarter sales forecast, and increased cost predictions heightened investor fears about aggressive spending in a...
Top E-Commerce Trends to Look Out For in 2023
After a year of economic difficulty, it is interesting to predict what to look out for in online retail in 2023.
According to a report by eMarketer/Insider Intelligence,...
Google Notes New E-Commerce Trends
Consumers are more willing than ever to buy from brands they have never heard of.
According to an article published by Google, "shoppers aren't necessarily focused on bargain...
Google Launches More Shopping Tools
Google is unveiling new shopping capabilities to assist shoppers during the approaching summer sales season, responding to rising interest in online purchasing.
Search Engine Land reported that the...
Instagram’s New Transparency Features Will Alert You Whether Your Content is Unrecommended
Instagram announced Wednesday that it is launching new transparency capabilities so you can check whether your pictures and videos are being promoted in the app.
“We’re expanding Account...
Crypto Contagion Spreads: Coinbase to lay off 950 Workers
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...
Brands are rushing to TikTok
Brands are using TikTok more than ever because it has over 1 billion users and its ability to make an ad appear natural.
According to a report in...
Daily Facebook Users Drops for First Time in 18 Years
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...
Large Number of TikTok Users in Countries with Efforts to Ban App
The United States isn't the only country considering TikTok bans. Japan, the United Kingdom, Germany, and France each have over 15 million TikTok users.
According to a report...
