Microsoft to spend over $100 billion on Stargate: It’s partnering with OpenAI on a data center that could provide enough power to build an AGI. But the project faces real-world barriers.
The state’s largest remaining insurer dropped 72,000 policies, leaving California’s insurance commissioner scrambling to assure insurers they can be profitable there.
Ad blockers gain popularity despite ad policy strides: Google blocking billions of ads isn’t enough to stop consumers' increasing demand for unobtrusive, fast web experiences.
These rewards set the card apart from other flat-rate cards, but its redemption options and limited user base may inhibit growth
Consumers can turn off verification for certain purchases to ramp up the wallet’s convenience
The tools should help save Visa from growing card payment fraud losses and maintain its competitiveness with Mastercard
Q1 has been a mixed bag for marketers. Ad spend grew in January and February, hitting double digits for the first time since March 2022. But many tech and retail companies were hit with layoffs as companies tightened ad spend. IBM, TikTok, and Google all slashed their marketing and advertising teams. On earnings calls, Nike’s finance chief said the company is planning for a “subdued macro outlook” and Paramount mentioned “softness in the global advertising market.”
Yesterday, The Home Depot hosted its first in-person retail media marketing summit, InFronts, where it introduced its revamped retail media network, Orange Apron Media. In addition to the new name, the retail media network will expand its services to include a unified on-site/off-site platform, a data clean room solution, and new media partners.
Consumers and marketers embrace genAI: Study finds 52% of Americans using genAI expect personalized services in shopping and travel. Marketers see potential in transforming customer experiences.
Home Depot tries to set itself apart in the crowded retail media landscape: The retailer hopes its rebranded offering, coupled with new capabilities and a partnership with Univision, will win over advertisers.
Social shopping skepticism: Despite Meta and TikTok’s best efforts, many prefer to focus on the "social" and the "media" instead.
Shein and Temu aren’t the only companies taking advantage of the US’ tax loopholes: More sellers are sending goods to Mexico or Canada to evade import duties.
Alibaba pushes back as domestic rivals gain share: The ecommerce giant is spending billions to protect its business at home and deepen overseas expansion.
Patients are less eager to share their health data now: Many don’t even want their doctors to have access. We explore how healthcare providers, marketers, and others can re-establish trust with consumers.
Wegovy coverage expands: Several health insurers will begin covering the weight loss injection for people who have heart disease. We think this will add pressure on manufacturers of the drug to cut costs.
A new path for digital treatments: Grow Therapy is partnering with Big Health, which makes apps that help people with insomnia, anxiety, and depression. Could they create a simpler way for insurers to pay for mental healthcare?
On today's podcast episode, we discuss how the Apple monopoly trial could change the smartphone market, whether Aldi can take on Walmart, if gambling ads will get banned, the impact of Amazon's "Big Spring Sale," how seriously we should be taking drone delivery, where the happiest people in the world live, and more. Tune in to the discussion with our analyst Blake Droesch and vice presidents of content Suzy Davidkhanian and Paul Verna.
US adults will spend 55 minutes more per day with digital video than with traditional TV in 2024, per our February 2024 forecast.
Google might have solved generative AI’s biggest problem: Its “superhuman” AI fact-checker could make the technology more trustworthy and more appealing for enterprise use cases.