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Big Tech Earnings Cement Digital-First Economic Shift

PYMNTS

Economic headwinds abound. Amazon’s own “other revenue” category, which includes advertising, leapt by 51 percent. eBay noted on its earnings call that organic revenue growth came in at 26 percent, driven by payments and advertising. Amazon, too, noted that advertising budgets were increasing. Virus cases are rising.

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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. The Wayfair ruling enabled states and cities to apply sales taxes to businesses based on the latter’s economic activities within their jurisdictions, whether or not businesses have physical presences there. .

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The Seven Samurai: How Big Tech Rescued the Market in 2023!

Musings on Markets

To put these numbers in perspective, the Mag Seven companies now have a market capitalization larger than that of all listed stocks in China, the second largest market in the world in market capitalization terms. trillion in market cap, and that 2023 represented a correction back to a level only slightly above the value at the end of 2021.

Marketing 115
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Sizzle Fizzle: Virus May Weaken China’s Economic Growth

PYMNTS

Retailers such as Gucci and Nike had released new advertising campaigns and merchandise in anticipation of a spending deluge. McDonald’s has halted operations in a number of cities amid the outbreak. The Lunar New Year this weekend will, of course, be a muted event, where consumers had been predicted to spend more than $150 billion.

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NEW REPORT: Mueller Indictments Prompt Renewed Look At Social Security Numbers

PYMNTS

Similarly, Nigeria is currently pursuing plans to upgrade its identity management infrastructure program, as part of an effort to both promote the nation’s economic development and improve security. The named individuals and companies were charged with using stolen Social Security numbers, home addresses and birthdates of U.S.

Numbers 44
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Google Goes Global With Free Retail Ad Initiative

PYMNTS

In the post, titled “Powering economic recovery through retail,” Google is pitching the offer as a way to help small retailers follow their customers online as the coronavirus pandemic reshapes the global shopping landscape. In an announcement posted to its website on Wednesday (Sept. After launching its free ad offer in the U.S.

Retail 78
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Musings on Markets: META Lesson 2: Accounting Inconsistencies and Consequences

CFO News Room

In the years since, I have concluded that this is not true and that expense mis-categorization is not only common, but that it varies widely across sectors, making it difficult to compare accounting numbers or ratios across firms.