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Facebook Has The Scale To Build A Strong Payments Business, But Not The Consumer Trust

Yesterday, Facebook announced Facebook Pay, its new payments system for Facebook, Instagram, and WhatsApp. Users can use Facebook Pay for “fundraisers, in-game purchases, event tickets, person-to-person payments on Messenger and purchases from select Pages and businesses on Facebook Marketplace.” The announcement comes on the back of years of fintech initiatives from the company. Among them:

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Microsoft beat expectations with strong Windows revenue, but Xbox had a rough quarter

Enlarge / The 13.5-inch Microsoft Surface Laptop 3. Microsoft beat analyst expectations in its quarterly earnings report, achieving $33.06 billion in revenue in the start of its first 2020 fiscal quarter (which ended September 30) compared to a projected $32.23 billion. That’s a 14% increase over the same quarter the prior year. Much of the

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Amazon ad revenue tops $3.5 billion in third quarter, expecting strong holiday season

Amazon advertising revenue increased 45% year-over-year in the third quarter. Click to enlarge. 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

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Snap insists TikTok is a ‘friend’ after posting strong user and revenue growth

Snapchat added seven million daily active users last quarter to reach 210 million – up 24 million (13%) year on year. The social media platform posted user growth in all regions, with five million of the new users in the three months to 30 September coming from “rest of the world”, which comprises all markets

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Here are 7 CPG Brands Poised for a Really Strong 2019 HOLIDAY Season

Q4 has begun, and this means silver bells are starting to ring, Santa is double-checking his list, and the holidays are officially around the corner. Field Agent’s free holiday preview, An Omnichannel Christmas, covers practically every angle of holiday shopping, from popular gifts to groceries to stocking stuffers. Spanning almost 50 pages, the report is

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