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10 Weekend Reads

Barry Ritholtz

Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Kanye and Adidas: Money, Misconduct and the Price of Appeasement : A year ago, after producing hundreds of shoe styles and billions of dollars together, Adidas broke with Kanye West as he made antisemitic and other offensive public comments.

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Lost Pet Posters Get An Upgrade For The Digital Age

PYMNTS

Still, that seems so old-fashioned in this digital age — at least according to Andrea Chavez, Founder of Pawscout , a company whose signature product is a Bluetooth-enabled tag that not only helps pet owners find their wayward pets, but gives them access to other digital and mobile services. That feature just launched about six weeks ago.

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Court: Facebook Biometric Data Lawsuit Will Proceed

PYMNTS

Facebook has lost an appeal to throw out a class action lawsuit alleging that it improperly used and stored biometric data on millions of users, according to a report by Reuters. . The key issue is Facebook’s “Tag Suggestions,” which let users tag friends in previously uploaded photos.

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Why Pets Are Pulling Retail Innovation’s Leash

PYMNTS

The new developments show, among other things, the importance of social media — and also prescriptions — when it comes to capturing the dollars of pet owners, who are always a steady source of both digital and physical commerce. Better Pet Tag. The goal is to create a really affordable, much better pet tag,” she said.

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Apple Expected To Invest $500M+ In Video Games

PYMNTS

Apple , aiming to move beyond the iPhone to drive sales, is reportedly spending millions of dollars to acquire new video games to be part of the subscription gaming service it will roll out later this year. The budget for the games is expected to surpass $500 million, noted the report.

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Is YouTube The Next Amazon? Google Hopes So

PYMNTS

Google is experimenting with new features to drive online shopping dollars to YouTube and is encouraging some creators there to tag and track any products used in their videos. Sources familiar with the situation told the news outlet that the hope is that YouTube’s millions of videos can be turned into shopping opportunities.

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Digital Fraud Is An Inside Job

PYMNTS

Try wrapping your mind around the price tag of the average corporate data breach at $3.92 million per incident. In the Capital One breach of 2019, a software engineer accessed 100 million customer accounts by exploiting a code weakness, then tried to share stolen customer data with others before being arrested.