Xiaohongshu, a Chinese short-form video app, has surged to the No. 1 spot for free apps on the U.S. App Store, catching attention as a potential TikTok alternative. The app, known as RedNote in English, has been gaining popularity among younger Chinese consumers and boasts 300 million monthly active users, 79% of whom are women….
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Walmart has completed its acquisition of Vizio, a popular television maker, in a move to boost its advertising business. The $2.3 billion all-cash deal positions Walmart to become a leader in connected TV advertising, allowing the retail giant to combine its retail operations with TV hardware and gather customer data on viewing habits and shopping…
Perplexity, an AI-powered search engine, has ventured into e-commerce by introducing a new shopping feature for its paid customers in the U.S. This feature offers shopping recommendations within search results and allows users to place orders without visiting a retailer’s website. The move aims to capture a portion of shopping search results, taking on big…
A massive data breach at American retailer Hot Topic has compromised the personal data of 57 million customers. The stolen information includes email addresses, physical addresses, phone numbers, purchases, genders, and dates of birth, as well as partial credit card data. The breach occurred on October 19 and was claimed by a threat actor operating…
