Snap Inc on Tuesday received a vote of confidence from a billionaire investor and reported record revenue from outside North America, factors that helped soften the blow of its first-ever drop in daily users.
The Facebook-owned social network launched a mobile app on Wednesday dedicated to user-generated videos up to an hour long, upping the competition for consumers’ time among ad-supported streaming services like YouTube.
Ralph Lauren Corp topped analysts’ forecasts for profit and sales for at least the eighth consecutive quarter on Wednesday, as an early Easter added to a turnaround driven by tougher pricing and cost cuts.
Robust earnings from Tencent Holdingssent its market value surging by as much as $34 billion on Thursday, helping the Chinese technology giant briefly reclaim the mantle of Asia’s most valuable listed company.
Snapchat-owner Snap Inc said Tim Stone, an Amazon.com Inc veteran who had led the integration of the online retailer’s $13.7-billion Whole Foods acquisition, would replace Andrew Vollero as chief financial officer.
Snap Inc fell short of Wall Street forecasts for revenue and regular users on Tuesday after a redesign of its Snapchat messaging app turned off some long-time fans and advertisers, sending its shares tumbling 16 percent.
Amazon.com Inc’s expanding business of selling space on its site to merchants helped it double profits on Thursday, and some see the move as a step towards taking advertising dollars from Google and Facebook Inc.
Launchmetrics has released its 4th “State of Influencer Marketing” report, revealing a number of trends, including skews in target demographics, changes in influencer remuneration and the rise of micro-influencers.
Fred Segal has opened an interactive environment at its Sunset Strip flagship in partnership with MadeWorn and Mastercard: "Rock 'n Roll Holy Land" offers exclusive merchandise and an innovative new way to shop.