YouTube partners with Shopify to add live shopping features

YouTube partners with Shopify to add live shopping features


In this photo illustration the logo of Canadian e-commerce company Shopify Inc. is displayed on a smartphone.

Thomas Trutschel | Getty Images

YouTube announced on Tuesday that it’s partnering with e-commerce platform Shopify to let viewers purchase products without leaving its website.

Shares of Shopify were up about 2.5% on the news as of mid-morning.

It means, for example, that someone watching a video on YouTube might see a list of items on the page that a creator thinks they might be interested in. If you’re watching a video on a technology YouTube channel, you might see gadgets that you can buy right from the page using Shopify. Or you might see makeup products on a beauty channel. Creators can manage which products are included using the ‘Shopping’ tab in YouTube Studio.

The whole transaction occurs while someone is watching a video, which might help YouTube retain viewers who would have otherwise left the site to buy a product somewhere else. The company said it’s planning to expand shopping features to its Live, Shorts and long-form video, too.

YouTube said viewers in the U.S., Brazil and India will see products they can buy in the explore tab starting next week, with additional countries to roll out later this year.



Source

Amazon opens  billion AI data center in rural Indiana as rivals race to break ground
Technology

Amazon opens $11 billion AI data center in rural Indiana as rivals race to break ground

NEW CARLISLE, Indiana — A year ago, it was farmland. Now, the 1,200-acre site near Lake Michigan is home to one of the largest operational AI data centers in the world. It’s called Project Rainier, and it’s the spot where Amazon is training frontier artificial intelligence models entirely on its own chips. Amazon and its […]

Read More
World’s largest sovereign wealth fund gains 5.8% in third quarter
Technology

World’s largest sovereign wealth fund gains 5.8% in third quarter

Norges Bank Kristian Helgesen/Bloomberg | Bloomberg | Getty Images Norway’s $2 trillion sovereign wealth fund — the largest of its kind in the world — on Wednesday reported a 5.8% return during the third quarter, powered by strong stock market gains across mining, telecommunications and financial services. Norges Bank Investment Management (NBIM) manages the fund on behalf […]

Read More
CNBC Daily Open: Rallies and tech ‘revolution’ — all powered by AI
Technology

CNBC Daily Open: Rallies and tech ‘revolution’ — all powered by AI

OpenAI CEO Sam Altman (L) shakes hands with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington, U.S., on May 21, 2024. Jason Redmond | Afp | Getty Images Investors can’t get enough of artificial intelligence, despite […]

Read More