Amazon CEO Jassy Expresses Optimism Despite Tariff Uncertainty
Amazon CEO Andy Jassy reassured investors on the company’s first-quarter earnings call on Thursday, expressing optimism that the retail giant could emerge from the current tariff environment stronger than before.…
Meta Warns European Users of ‘Worse’ Experience Due to Regulatory Changes
Meta Platforms Inc. has received a significant warning regarding its business practices in Europe, following a recent decision by the European Commission. In short, the tech giant needs to adhere…
World teams up with Tinder and Visa to expand its ID-verifying technology
World, the biometric ID company best known for its eyeball-scanning Orb devices, announced on Wednesday several key partnerships aimed at expanding its reach and demonstrating the versatility of its identity…
Meta reports decline in digital ad spend from Chinese retailers
Meta Platforms, Inc.’s increasingly painful advertising spend retreat from the likes of major Chinese e-commerce competitors such as Temu and Shein. Combined, these companies make up the majority of Meta’s…
Amazon Scraps Plans to Display Tariff Costs After White House Pushback
Amazon announced on Tuesday that it had considered displaying import charges on items sold through its Haul platform but decided against it after backlash. Haul, Amazon’s answer to discount retailers…
Amazon Won’t Break Out Tariff Costs Online as White House Criticizes Potential Move
Tariffs have become a household topic in today’s economic environment, with great effect on U.S. consumers and businesses. Global trade rules are shifting, and platforms like Temu and Shein are…
Nike Hit With Lawsuit Over NFT ‘Digital Shoes’ Being Called Unregistered Securities
The NFT market, that hot new thing that catapulted into an over $40 billion industry, has since tanked. The crypto winter has led to several class-action lawsuits against big players…
PayPal’s Earnings Reports Begin with Growing Concerns Over Trump Tariffs and Consumer Behavior
PayPal, Block, and Affirm are all closely tied to the health of the consumer, which has investors on edge as they head into their earnings reports. Markets broadly have been…
Chinese Factories Shift Focus and Explore New Markets Amid Rising U.S. Tariffs
Chinese producers are responding to an increasingly difficult economic environment as U.S. tariffs continue to increase. Firms such as Woodswool had traditionally depended a lot on exporting to the USA.…