Last week, Apple made news for testing an AI-powered ad product similar to Google’s Performance Max. Apple has been successfully investing in advertising for the past few years. But Google has a multibillion dollar advertising advantage. Even with AI advertising improvements, Apple is nowhere near Google’s ad dominance.
Nordstrom may go private: The move could enable Nordstrom to reimagine its business outside the glare of the public markets.
YouTube requires AI content disclosure to combat misinformation: It’s a crucial move in the genAI era, affecting everything from brand safety to election integrity.
Temu pursues international growth as US regulatory challenges pile up: The retailer wants to generate 70% of its revenues from non-US markets this year.
AI-driven personalization is one of the top trends US digital retailers believe will impact their business this year. It’s tied with an increased focus on omnichannel tools like SMS, according to December 2023 data from Bolt.
The fight for grocery dollars is heating up. Retailers that offer shoppers the right assortment of products at the lowest prices are likely to win. In order to keep dollar and discount stores from stealing share, other retailers need to borrow their pricing and merchandising strategies to connect with cash-strapped consumers.
Unilever plans to cut 7,500 jobs and separate its ice cream unit: Its embrace of a less-is-more approach to drive growth echoes similar efforts by Oatly and Hasbro.
Wonder raises $700 million to fund its expansion efforts: The Marc Lore-led food delivery startup is aiming for nearly 100 locations by the end of 2025.
Nvidia unveils its Blackwell AI platform: It showed off its latest AI hardware at a much-hyped conference, but investors always want more. Restrained pricing indicates growing competition.
Microsoft to hold an AI event ahead of Build: It wants its brand to be synonymous with AI PCs. We can expect that Apple will respond at WWDC in June.
What’s the 2024 telehealth competitive edge? Consumer demand for virtual care remains strong, per a new Rock Health survey. An influx of telehealth entrants is forcing competition and a slew of value-added services. We dig into the trend.
Basketball star pushes cancer prevention: Marketers are taking advantage of a massive sporting event to promote cancer screenings to consumers.
Contractual dispute between two healthcare giants comes to an end: New York’s Mount Sinai Health System and UnitedHealthcare reached a deal that restores in-network access to care for thousands of patients. But the clash won’t be the last between providers and payers that spills out into the public.
DirecTV wants to cut over the air out of the picture: A new “No Locals” discount is an attempt to stave off the inevitable decline of linear TV.
Millennials want more originals than franchises: A declining appetite for franchise media is worrying news for Disney and Warner Bros. Discovery.
In 2023, the number of US scripted series declined by 14% over the prior year, according to FX Networks. For years, content production soared, with gains occurring nearly every single year. The drop-off that occurred last year is unprecedented.
By embracing AI, tightening budgets, and risking novel releases, agile game studios look for bigger paydays.
Game studios turn to in-app advertising as purchase revenues fall: Unity report shows 26.7% growth in ad revenues, with simulation games leading.
Discover the dynamic shift toward digital wallets in the US and the UK in the latest podcast episode of "Behind the Numbers: The Banking & Payments Show." Delve into the compelling discourse on how younger generations' move to digital is rendering traditional wallets obsolete. Join host Rob Rubin, our US-based analyst Tyler Van Dyke, and UK-based analyst Carina Perkins as they unravel trends in digital transactions for dining, shopping, and ID verification. In the "For Argument's Sake" section, we dissect the fierce competition for market dominance among industry giants like Apple and Google, established players like PayPal, rising star Paze, and potential disruptors. Tune in for a forward-looking conversation and hit subscribe for the latest insights. Key insights: - Youth-led shift: Analysis reveals a robust trend among younger consumers pivoting to digital wallets for everyday activities, indicating a cultural and technological shift. - Market dominance debate: We uncover the strategic moves by tech titans and emergent challengers vying to capture the largest share of digital wallet users. - Cross-Atlantic perspectives: Insights from US and UK analysts present a diverse view on the adoption of digital wallets, offering a broader understanding of the global digital economy.
A landmark for AI-driven big data and analytics, the merger aims for advanced cybersecurity with genAI amid a surge in cybercrime losses.