Facebook shares plummeted on Wednesday after executives said that profit margins would plummet for several years due to the costs of improving privacy safeguards and slowing usage in the biggest advertising markets.
Guess has joined forces with digital payment platform Alipay to offer Chinese customers a simplified payment option when visiting the US. The Alipay app can now be used at 50 Guess stores across the country.
Ten award-winning owner-led digital marketing consultancies and agencies are joining forces and aiming to offer an enhanced service for fashion, beauty, premium consumer and lifestyle brands and retailers.
As the sneaker industry continues its rapid growth and Instagram consolidates its status as the platform of choice for influencers, Adidas dominated a recent ranking of the most popular sneakers on the photo sharing app.
Lime Crime founder Doe Deere took to Instagram to assure her fans that she will keep an active role in the company and that it will remain true to its roots despite being bought out by Tengram Capital Partners.
European antitrust regulators fined Google a record 4.34 billion euro on Wednesday and ordered it to stop using its popular Android mobile operating system to block rivals, a ruling which Google said it would appeal.
Chinese e-commerce giant Alibaba Group Holding on Wednesday said it has agreed to acquire a minority stake in China's Focus Media Information Technology Co Ltd to tap into the digital marketing sector.
Google is set to face a record-busting EU antitrust fine this week over its Android mobile operating system but rivals hoping that an order to halt unfair business practices will help them may be disappointed.
Trade show giant UBM Fashion has updated its ShopTheFloor digital trade show and marketplace B2B platform. New features include a refreshed look and easier access to a large network of brands and retailers.