Amazon advertising revenues hit a new high in the third quarter, reaching $3.6 billion. Overall, the company reported lower-than-expected profits of $2.1 billion on $70 billion in revenue for the third quarter of the year on Thursday. Amazon doesn’t break out advertising revenue, but advertising makes up the
Illustrations: Jenna Arts for The Correspondent Sometime in June 2003, Mel Karmazin, the president of Viacom, one of the largest media conglomerates in the world, walked into the Google offices in Mountain View, California. Google was a hip, young tech company that made money – actual money!
Privacy and everything it entails is not easy to explain. Under the hood, it’s driven by complex mathematics and code. However, in practice, app privacy starts with how apps are designed. Some are designed to collect information about you, and others aren’t. With Apple’s update
According to a recent report by IDC, digital transformation spending is expected to surpass $6 trillion dollars within the next four years, and it's believed that enterprises globally will spend more than $1 trillion on digital transformation before the end of 2019 alone. The report also notes
SAN FRANCISCO--(BUSINESS WIRE)--Social media sites have become lucrative targets for criminals looking for quick monetization. More than half of logins (53%) on social media sites are fraudulent and 25% of all new account applications on social media are fraud,according to the Q3 Fraud and Abuse
There has never been such an agglomeration of humanity as Facebook. Some 2.3bn people, 30% of the world’s population, engage with the network each month. Economists reckon it may yield trillions of dollars’ worth of value for its users. But Facebook is also blamed for
Photo: Jonathan Nackstrand/AFP/Getty Images Alice Liogier wants to slap a price on her data. The 23-year-old graduate student from Paris is researching the commercial use of personal information in the age of big data and she’s reached a controversial conclusion: If people really do own their data, then
Recently, in the science journal Nature, Google claimed ‘quantum supremacy’ saying that its quantum computer is the first to perform a calculation that would be practically impossible for a classical machine. This quantum computing breakthrough brings us closer to the arrival of functional quantum systems which
Department stores were the 20th century's marvelous shopping destination. Retailers that were filled with varied and often unique merchandise, offering high levels of convenience and attentive customer service. That heyday is over. The model, which went from dominating city downtowns to dominating malls, is beset by outside
It's a win-win situation. Predictive analytics is revolutionizing the customer-marketer relationship, boosting sales while simultaneously increasing shopper satisfaction. And it’s all because of data, business' new superpower, states Paul Gaynor, a partner at professional services firm PwC. "Advanced business analytics gives you the ability to see and predict
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