Connect with us

Technology

Etsy to Participate in Upcoming Investor Conference

Published

on

BROOKLYN, N.Y., May 20, 2026 /PRNewswire/ — Etsy, Inc. (NYSE: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced that its executives will participate in the Bernstein’s 42nd Annual Strategic Decisions Conference in New York. There will be a webcast fireside chat on May 27, 2026 at 1:30 p.m. ET, which investors can listen to on our investor relations website at investors.etsy.com.

About Etsy

Etsy, Inc. operates two-sided online marketplaces that connect millions of creative entrepreneurs with buyers around the world. These marketplaces share a mission to “Keep Commerce Human,” and we’re committed to using the power of business and technology to strengthen communities and empower people. Our primary marketplace, Etsy.com, is the global destination for unique and creative goods. Buyers come to Etsy to be inspired and delighted by items that are crafted and curated by creative entrepreneurs. For sellers, we offer a range of tools and services that address key business needs.

Etsy, Inc. also owns fashion resale marketplace Depop. Our marketplaces operate independently, while benefiting from shared expertise in product, marketing, technology, and customer support. On February 15, 2026, Etsy entered an agreement to sell Depop to eBay, subject to regulatory approval and certain other closing conditions as set forth in the Sale and Purchase Agreement.

Etsy was founded in 2005 and is headquartered in Brooklyn, New York.

Etsy has used, and intends to continue using, its Investor Relations website and the Etsy News Blog (etsy.com/news) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website and the Etsy News Blog in addition to following our press releases, SEC filings, and public conference calls and webcasts.

Investor Relations Contact:
ir@etsy.com

Media Relations Contact:
press@etsy.com

View original content:https://www.prnewswire.com/news-releases/etsy-to-participate-in-upcoming-investor-conference-302777809.html

SOURCE Etsy, Inc.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

AT&T Makes $19 Billion Commitment to Bring High-Speed Connectivity to California

Published

on

By

AT&T is modernizing California’s network, moving away from aging copper infrastructure, to deliver reliable, affordable, always-on connectivity for customers statewide, supporting the next era of innovation and growth

Key Takeaways:

We’re committing to invest $19 billion in California through 2030 to connect more Californians to the best and largest network and upgrade customers to better products to meet our customers’ needs for fast, reliable connectivity as we transition from aging copper networks in the state.We’re bringing fiber – the best internet technology – to 4 million+ additional households and businesses and strengthening our wireless coverage with more than 1,200 new cell sites across California by 2030, meeting customers’ demand for reliable, affordable, always-on connectivity across urban, suburban and rural California.Paired with smart federal modernization policy, we’re strengthening and modernizing our network, hiring hundreds of technicians across the state, and investing in California’s communities.We’re beginning the process to upgrade our customers in parts of California to fiber and wireless service and discontinue energy inefficient copper-based services. We’re taking a thoughtful, phased approach to upgrade customers. No customer will be left without access to phone or 911 service.

SACRAMENTO, Calif., May 20, 2026 /PRNewswire/ — AT&T is proud to commit $19 billion of investment in California’s fiber and wireless networks by the end of 2030, building the high-speed connectivity required for the next era of innovation and economic growth in the state. With updated federal policies that enable network modernization, we’re making our largest-ever infrastructure investment commitment in the state and investing $3 billion more in the next five years (2026-2030) than the previous five (2021-2025) – reaching $35 billion invested over 10 years (2021-2030) in California’s network. In addition to the $19 billion investment, we’re committed to offering affordable options to help Californians get connected, strengthening our workforce statewide, and partnering with organizations across the state focused on closing the digital divide.

With more advanced connectivity options for Californians, we are beginning the process to upgrade our customers to fiber and wireless services and discontinue energy inefficient copper-based services – like traditional phone service – in parts of the state on or after June 1, 2027. Only 3% of households we serve in California still use traditional phone service. We’re taking a phased, year-long approach to upgrade customers in these areas where better, more reliable services are available. Transitioning from copper also allows further investment in more modern services.

“Californians depend on and expect fast, reliable connectivity every day and AT&T is committed to delivering it,” said Susan Santana, state president of AT&T California. “With recent, forward-looking federal network modernization policies, we’re able to make our largest-ever California investment commitment ($19 billion) as we transition away from copper networks. As the largest fiber builder in the state, this expands future-ready fiber and wireless services at affordable prices and modernizes copper networks. By investing in newer, more reliable technology, we can deliver better service, reach more customers, improve our communities, and support California’s economy for years to come.”

Deploying Affordable, Always-On Connectivity for the Future 
Copper networks are unable to support today’s connectivity needs and are increasingly unreliable, especially as copper theft continues to be a prevalent issue across the state. Newer technologies also have built-in security to protect consumers and businesses from spam calls and fraud and are significantly more energy efficient.

Fiber and wireless are the foundation for what’s next, providing the necessary infrastructure to support AI and data intensive applications, from remote health care to autonomous vehicles. Our $19 billion commitment includes:

Bringing fiber to an additional 4 million+ households and businesses in the state by the end of 2030, to reach 9 million+ fiber locations with the most advanced technology.Expanding and strengthening our statewide wireless network with additional spectrum and adding more than 1,200 cell sites by the end of 2030, including in rural, suburban and urban communities, to support increasing network traffic.Fiber and wireless networks are easier to restore and better equipped to support emergency communications and modern 911 services. Strengthening our wireless coverage also means enhanced coverage for public safety through FirstNet®, Built with AT&T.Through this transition, we expect to save 300 million kilowatt-hours (kWh) annually by 20301, delivering a more energy efficient network for California. The avoided emissions are equal to those from using 17 million gallons of gasoline2. 

Supporting our Traditional Phone Customers 
We are committed to a thoughtful transition – all while ensuring no customer loses access to voice or 911 service.

Modern, innovative products like AT&T Phone – Advanced and AT&T Business Voice were developed with our traditional home and business phone customers in mind. These products work just like a traditional phone but use the latest, reliable technology and have battery backup.With AT&T Phone – Advanced and AT&T Business Voice, customers can keep their phone number, and these work with their existing phones, fax machines, home alarms, and medical monitoring machines.We’re providing our California customers with more options and discounts to easily upgrade to modern, affordable services. For our traditional home phone customers in these areas, we’re offering AT&T Phone – Advanced for free for 3 months.For existing California LifeLine customers, we’re offering an additional discount to upgrade to AT&T Phone – Advanced.

Strengthening our Workforce
Building California’s connectivity backbone requires a highly trained workforce. With this investment, we’re committed to creating jobs to build the infrastructure of the future.

Increased investment in new, more reliable connectivity supports good-paying jobs and long-term workforce continuity within the state.AT&T is hiring hundreds of technicians to support fiber expansion and copper decommissioning as we deploy and enable future technology.We commit to recruiting, upskilling, and training more skilled technicians that are needed to build and maintain essential telecommunications infrastructure.

Connecting California’s Communities 
We’re expanding Connected Learning Centers (CLCs) and digital skills training to help more Californians get online. CLCs offer access to high-speed internet, computers, and digital literacy resources for Californians, including tribal communities, students, and older adults statewide. AT&T commits to:

Opening six additional CLCs and hosting more than 30 digital literacy workshops across the state in 2026, including sessions for older adults to learn internet basics, cybersecurity awareness and tips, and mobile device skills.This year, we’re committing an additional $1.2 million to nonprofits across California focused on closing the digital divide, disaster preparedness, and support for older adults and tribal members. This supports CLCs and organizations helping connect those who need it most, and is in addition to the more than $2.5 million AT&T contributed in 2025 to communities and organizations across California to help close the digital divide.

With this commitment, AT&T will keep building the network Californians rely on, delivered with the best technologies, so every community has access to high-speed connectivity.

Reaffirming 2026 and Multi-Year Financial Guidance
The $19 billion commitment represents expected investment, supported by updated federal policies, and also supports AT&T’s plans to reach more than 60 million fiber locations across the U.S. by the end of 20303. AT&T reiterates all 2026 and multi-year financial and operational guidance and capital return plans shared during its first-quarter 2026 results.

1

This is an illustrative analysis based on national average assumptions only; actual California impacts may differ materially due to higher applicable rates and the state’s regulatory environment.

2

Equivalency calculated using the EPA GHG Calculator for avoiding 300M KWh annually in CA.

3

Total consumer and business locations reached with fiber represents the sum of: (1) AT&T Owned and Operated locations, which reflect its customer locations passed by AT&T’s fiber network and (2) Fiber Ventures locations, which represent locations served from the acquired Mass Markets fiber business, Gigapower, and other commercial open access providers.

About AT&T
We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 150 years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com.

Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T’s filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.

© 2026 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property.

View original content to download multimedia:https://www.prnewswire.com/news-releases/att-makes-19-billion-commitment-to-bring-high-speed-connectivity-to-california-302778184.html

SOURCE AT&T

Continue Reading

Technology

Sui Launches Gasless Stablecoin Transfers With Support From Fireblocks

Published

on

By

A new protocol-level feature enables peer-to-peer stablecoin transfers on Sui without requiring users to hold SUI, dropping current stablecoin transfer fees to $0.00.

GRAND CAYMAN, Cayman Islands, May 20, 2026 /PRNewswire/ — Sui, where money moves as freely as messages, today announced the launch of gasless stablecoin transfers, a new protocol-level feature that enables users and businesses to send supported stablecoins on Sui without paying gas fees or managing a separate SUI token balance. With the feature now rolling out to validators, stablecoin transfer fees are $0.00 on the Sui network.

With support live from major stablecoins, including USDsui, suiUSDe, AUSD, FDUSD, USDB, USDC, and USDY, the feature is designed to simplify payment workflows and remove one of the largest friction points in stablecoin mass adoption: the requirement to hold a separate token to complete transactions.

Fireblocks, the enterprise platform securing more than $14 trillion in digital asset transactions, has integrated the new solution prior to the rollout as part of Sui’s broader payments ecosystem expansion. In addition, many institutional custodians and retail-facing wallets will support gasless transactions at launch, enabling users to send select stablecoins without holding or spending SUI on transaction fees.

Stablecoins are becoming a core part of global finance, but the infrastructure around them still creates unnecessary complexity,” said Adeniyi Abiodun, Co-Founder and CPO of Mysten Labs, the original contributor to Sui. “From the start, we’ve said it should not cost individuals fees to move their own money. With gasless stablecoin transfers, we are one step closer in making Sui the global rail for payments, whether they are for businesses, AI agents, and consumers.”

Fireblocks’ support further strengthens the institutional accessibility of Sui’s payments infrastructure by enabling enterprises and financial service providers to securely access and manage stablecoin activity on the network through trusted digital asset infrastructure.

“The future of payments will run on stablecoin rails, but the experience for institutions still needs to catch up,” said Ran Goldi, SVP Payments & Network at Fireblocks. “Sui is making all the right moves, with gasless stablecoin transfers that removes a major point of friction for enterprises building onchain payment flows and customer experiences.”

Gasless stablecoin transfers represent a structural change to how single and batched peer-to-peer transfers of supported stablecoins operate on Sui Mainnet and are not a subsidy, sponsorship program, or temporary promotional initiative. In a competitive market where margins are everything, the launch positions Sui as the default stablecoin infrastructure for businesses looking to cut complexity and overhead costs, traders who are tired of failed transactions or the friction of fees, and AI agents, who will objectively choose the cheapest path of least resistance to execute autonomous payments.

Since August 2025, Sui has surpassed $1 trillion in stablecoin transfer volume, while its stablecoin ecosystem has continued to expand rapidly across institutional, retail, and developer use cases. Sui’s horizontally scalable architecture and object-centric design allow the network to support high-frequency payment activity with predictable performance and low operational overhead, making it well-suited for emerging payment applications, agentic commerce, and enterprise-grade financial systems.

These new protocol mechanisms work by dramatically cutting processing costs, and gasless stablecoin transfers build on that foundation to eliminate gas pre-funding and volatile treasury management entirely. The result is simpler infrastructure for institutions, and an operational and cost model that makes agentic commerce and autonomous systems work. Free transfers mean gas fees never rival or exceed the value of the payment itself, making micropayments viable at any scale.

Recent momentum across the Sui ecosystem underscores rising demand for scalable financial infrastructure and stablecoin-based payments. In 2026 alone, four SUI exchange-traded products from 21Shares, Grayscale, and Canary Capital launched globally, expanding institutional access to the Sui ecosystem. At the same time, marquee stablecoin initiatives, including Bridge-issued Sui Dollar (USDSui) and Ethena-issued eSui Dollar (SuiUSDe), have continued to expand Sui’s growing digital dollar ecosystem and strengthen its position as infrastructure for internet-scale finance.

Gasless stablecoin transfers are now rolling out on Sui Mainnet. To learn more about payments on Sui, visit https://www.sui.io/payments.

Contact: media@sui.io

About Sui
Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for scalable finance and global payments. Founded by the core team behind Meta’s stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and ownable. Sui’s primitives offer builders everything they need to create high-performance payments and financial applications, including instant agentic payments. Learn more at sui.io.

About Fireblocks
Fireblocks is the world’s most trusted digital asset infrastructure company, empowering organizations of all sizes to build, manage and grow their business on the blockchain. With the industry’s most scalable and secure platform, we streamline stablecoin payments, settlement, custody, tokenization, trading, accounting operations, and compliance reporting — enabling everything from institutional finance to consumer-facing digital experiences across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges and custodians. Thousands of organizations — including Worldpay, BNY, Galaxy, and Revolut — trust Fireblocks to secure more than $14 trillion in digital asset transactions across 150+ blockchains. Learn more at fireblocks.com.

View original content:https://www.prnewswire.com/news-releases/sui-launches-gasless-stablecoin-transfers-with-support-from-fireblocks-302778111.html

SOURCE Sui

Continue Reading

Technology

Share Local Media Wins Gold Mailbox Award for an Integrated Direct Mail & OOH campaign, measured by the OOH matchback – a proprietary methodology that will redefine OOH measurement moving forward

Published

on

By

Building on direct mail’s performance foundation, the campaign extended into out-of-home with a first-of-its-kind matchback approach designed to tie exposed individuals to customer transactions – redefining how media impact can be measured across channels.

LOS ANGELES, May 20, 2026 /PRNewswire/ — Share Local Media, a full-service direct mail and OOH agency, has been awarded the prestigious Gold Mailbox Award at the 2026 REGGIE Awards, presented by the United States Postal Service. The honor recognizes the agency’s innovative, mail-led campaign developed for Fabletics, which demonstrated how direct mail data and strategy can pair with OOH to power a high-performing, multi-channel retail activation.

A Mail-Led Approach That Redefined Channel Integration

Share Local Media took a unique approach to Fabletics’ offline strategy by leveraging OOH media to enhance direct mail performance rather than compete with it – improving overall campaign effectiveness while reaching incremental consumers.

Fabletics needed a solution that could not only drive measurable retail performance, but also extend audience reach and unify channel impact across offline media. Seven OOH placements, a mix of static and digital bulletins positioned near stores and along high-traffic commuter routes, were intentionally timed to run ahead of and during mail delivery, warming audiences before each mail piece arrived in-home.

A Industry-first OOH Matchback Analysis

Unlike traditional OOH measurement, which relies on broad reach and lift metrics, Share Local Media’s proprietary OOH matchback methodology connects exposed audiences directly to customer transactions to report actual purchases tied to the media, a capability that’s rarely been possible within OOH. The result was a more precise understanding of how OOH exposure contributed to store visits and sales, bringing digital-level accountability to offline marketing.

“SLM’s OOH Matchback will become a key industry standard going forward,” said Gahwui Kim, VP at Share Local Media. “The ability to connect customer transactions to an OOH campaign presents a powerful case for the type of impact offline media can have for performance marketers.”

Results That Speak for Themselves

The campaign delivered exceptional, measurable results that far exceeded industry benchmarks:

+122% lift in store traffic versus control during the 14-day attribution window+255% store traffic lift at locations with the strongest overlap between OOH exposure and mail delivery+7.4% lift in average daily orders during the campaign and 14-day attribution periodAn estimated $45 cost per order as validated through the proprietary OOH-to-household matchback methodology developed by Share Local Media

About Share Local Media

Share Local Media is a full-service direct mail and out-of-home agency founded by direct marketers for direct marketers. Originally focused on D2C e-commerce brands, the agency has grown to serve a wide range of client types with a singular focus: driving high-scale, CPA-efficient outcomes. Headquartered in New York, NY. www.sharelocalmedia.com

About the REGGIE Awards & Gold Mailbox

The REGGIE Awards, presented by the Association of National Advertisers (ANA), are among the most prestigious recognition programs in advertising. The Gold Mailbox Award, presented in partnership with the United States Postal Service, specifically honors campaigns that demonstrate the power of direct mail as a measurable, strategic performance driver. Learn more at www.reggieawards.org

Media Contact
Fiona Micoleau
Share Local Media
fiona.micoleau@sharelocalmedia.com
(530) 277-8970
www.sharelocalmedia.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/share-local-media-wins-gold-mailbox-award-for-an-integrated-direct-mail–ooh-campaign-measured-by-the-ooh-matchback—a-proprietary-methodology-that-will-redefine-ooh-measurement-moving-forward-302778212.html

SOURCE Share Local Media

Continue Reading

Trending