Friday, July 10, 2020

Technology

    Ralph Lauren and Carolina Herrera have quietly stopped advertising on Facebook as the widespread boycott continues to gather pace

    Adidas, Puma, Ford and Best Buy pull Facebook advertising in action that could “destroy...

    Technology
    Facebook has seen a slew of new retailers including Adidas, Puma, HP, Ford and Best buy pull their advertising as pressure mounts
    The battle of the designer face masks is heating up as a raft of brands follow Uniqlo and Under Armour’s lead in creating high-tech fashionable PPE.

    Under Armour to launch Sportsmask “specifically designed for athletes” to wear during training

    Technology
    Under Armour is set to launch a new “Sportsmask” designed to keep wearers safe while they exercise.
    Facebook has seen a growing number of retailers pull their advertising spend leading its shares to divebomb and Mark Zuckerberg to lose $7.2 billion in personal wealth.

    $56bn wiped off Facebook’s market value as Levi’s, Unilever and Starbucks join boycott

    Technology
    Facebook has seen a growing number of retailers pull their advertising spend leading its shares to divebomb.
    Nike has seen online sales skyrocket 75 per cent over the last quarter, but this was not enough to offset drastic revenue declines due to the pandemic.

    Nike’s online sales jump 75% but fail to stem $790m in lockdown losses

    Technology
    Nike has seen online sales skyrocket 75 per cent over the last quarter, but this was not enough to offset drastic revenue decline
    Amazon has bought self-driving car start-up Zoox for over $1.2 billion (£970 million), following weeks of speculation that a deal was on the table.

    Amazon buys Zoox for $1.2bn in second largest deal in over a decade

    Technology
    Amazon has bought self-driving car start-up Zoox for over $1.2 billion (£970 million), following weeks of speculation.
    Amazon is set to establish a new ‘Counterfeit Crimes Unit’ to crack down on unlawful sales of fake and counterfeit products amid increasing pressure.

    Amazon launches ‘Counterfeit Crimes Unit’ in major crackdown of fraudulent sellers

    Technology
    Amazon is set to establish a new ‘Counterfeit Crimes Unit’ to crack down on unlawful sales of fake and counterfeit products.
    TikTok has officially launched ‘TikTok For Business’ offering brands and retailers a myriad of marketing tools in a major challenge to Snapchat and Instagram.

    TikTok launches ‘TikTok For Business’ in direct challenge to Instagram and Snapchat

    Technology
    TikTok has officially launched ‘TikTok For Business’ offering brands and retailers a myriad of marketing tools.
    Lloyds Pharmacy will now deliver PPE and medical essentials to customers homes in under 30 minutes amid a new tie-up with Deliveroo.

    Amazon Deliveroo tie up set to be given second green light by CMA

    Technology
    Amazon’s tie up with Deliveroo is expected to be provisionally approved for a second time by the UK competition watchdog
    Etsy’s stock price has more than tripled since mid-March and now stands at a record high marking one of the few retail success stories to emerge from the pandemic.

    Etsy sees share price triple to all time high to become one of the...

    Technology
    Etsy’s stock price has more than tripled since mid-March and now stands at a record high marking one of the few retail successes
    Amazon is launching the ‘Amazon Small Business Accelerator’ in a bid to help over 200,000 small UK businesses through the COVID-19 pandemic.

    Amazon Small Business Accelerator launches in the UK to help 200,000 retailers through pandemic

    Technology
    Amazon is launching the ‘Amazon Small Business Accelerator’ in a bid to help over 200,000 small UK businesses through COVID-19
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