Shopify said traffic from AI tools to its merchants' stores has risen sevenfold since January, while purchases linked to AI-powered search are up elevenfold. The company highlighted AI as a central engine for its platform, citing partnerships with OpenAI, Perplexity and Microsoft Copilot. In its third‑quarter earnings, Shopify posted revenue growth of 32% to $2.84 billion and profit of $264 million, though operating income missed estimates, causing the stock to dip. Read more →

iRobot, the maker of the iconic Roomba robot vacuum, reported a sharp revenue decline of 23 percent to $127.6 million in its latest quarter. The drop, driven by weak performance in the U.S. and European markets, comes amid fierce competition from Chinese manufacturers and the collapse of a planned sale to Amazon, leaving the company deep in debt. CEO Gary Cohen warned that the company could shut down within 12 months if conditions do not improve, while still exploring a potential sale or other strategic alternatives. Read more →

Pinterest CEO Bill Ready told investors on the company’s second‑quarter earnings call that the platform is evolving into an AI‑enabled shopping assistant, offering proactive recommendations that feel personal. While he highlighted the company’s use of proprietary multimodal AI for visual search, personalization and advertising efficiencies, he cautioned that the “agentic web” – where AI agents shop on a user’s behalf – remains far off. Ready also addressed growing concerns over AI‑generated content, noting new labeling and filtering tools, and discussed the firm’s recent financial results, user demographics and talent strategy. Read more →