consumer services

Journal Reports: LeadershipWhat’s New in the Best Managed Companies Rankings in 2023By Rick Wartzman , and Kelly TangDecember 13, 2023 at 1:02 PM ETThe main difference: a new metric that measures how well companies foster career mobility. Journal Reports: LeadershipWhat’s New in the Best Managed Companies Rankings in 2023By Rick Wartzman , and Kelly TangDecember 13, 2023 at 1:02 PM ETThe main difference: a new metric that measures how well companies foster career mobility. FOLLOW US ON GOOGLE NEWS Read original…

Updated Dec. 12, 2023 5:04 pm ETListen to article(1 minute)The average store size in the U.S. is the smallest it’s been in at least 17 years, reflecting profound changes in the way Americans now shop.The rise in e-commerce and a growing distaste for giant emporiums are softening demand for department stores and other big-box space. Restaurants and coffee shops, meanwhile, are gobbling up small storefronts as Americans spend more time dining out, ordering at drive-throughs or using food-delivery apps. Copyright ©2023Dow…

Updated Dec. 11, 2023 4:29 am ETBytedance’s TikTok will invest more than $1.5 billion in a deal with GoTo Group that will allow the Chinese video-sharing app to resume retail operations in Indonesia, one of its most successful e-commerce markets.The companies said Monday that TikTok Shop Indonesia and GoTo’s Tokopedia e-commerce platform will be combined under the existing Tokopedia entity, with TikTok taking a 75% controlling stake.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.…

X wants Facebook’s secret weapon: small businesses.The social-media site formerly known as Twitter largely relies on advertising revenue from the world’s largest brands. But since owner Elon Musk alienated some of the biggest spenders, finding a new customer base has become critical.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 X wants Facebook’s secret weapon: small businesses.The social-media site formerly known as Twitter largely relies on advertising revenue…

Meta Platformswill start fully encrypting messages on Facebook and Instagram by default, moving ahead with a privacy measure that government officials and others have warned could hide illegal activity by child predators and other criminals.The social-media giant starting this week will begin automatically shifting Facebook users to so-called end-to-end encryption for their messages, according to people familiar with the matter, with the change being rolled out over the course of weeks. Direct messages on Instagram also…

Walmart said it had stopped advertising on Elon Musk’s X, joining the parade of major marketers that have left the social-media platform in recent weeks.The retail behemoth said the halt—in the middle of its critical holiday shopping season—wasn’t due to a change in its advertising policies, but about how well advertisements on X have performed.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Walmartsaid it had stopped advertising on Elon Musk’s X, joining the parade…

Updated Dec. 1, 2023 11:33 am ETIn the surprise ouster and restoration of Sam Altman as chief executive at OpenAI, only one person, Adam D’Angelo, managed to play a role on each side of the drama. D’Angelo, a former Facebook executive and founder of the question-and-answer platform Quora, was one of four members of the board who fired Altman, and the sole surviving director named to a new board of the artificial-intelligence company that took over on Wednesday. Copyright ©2023Dow Jones & Company, Inc. All Rights…

Elon Musk’s F-bomb-laden tirade at advertisers will make X Chief Executive Linda Yaccarino’s job harder as she tries to rebuild the company’s ad-sales business, industry executives said. “It’s a line in the sand that can’t be undrawn,” said Craig Atkinson, chief executive officer of Code3. “I have no idea what kind of salesmanship can counteract a sentiment like that.” Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Elon Musk’s F-bomb-laden tirade at advertisers will…

TikTok won a reprieve in Montana after a judge ruled a state law banning the app can’t go into effect in January. A federal judge on Thursday granted a preliminary injunction blocking the law, which was passed by the Montana legislature earlier this year, pending the outcome of a lawsuit filed by the social-media company. The legality of the ban itself will be decided later in a bench trial that has yet to be scheduled.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8…

Okta said hackers stole data for all of its customer support system users in a breach that the identity-verification company disclosed last month.Okta Chief Security Officer David Bradbury said all Okta Workforce Identity Cloud and Customer Identity Solution customers are affected by the hack, except for government customers that use a separate system. Earlier this month, Okta estimated that less than 1% of customers were affected by the breach.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.…