Spotify’s $100 million fund for diverse projects starts off slow: Concerns about spending arise as the initiative marks its first year.
Apple to invest $1 billion a year on big cinema push: Company thinks raising its Hollywood profile could lead to increased connected TV revenues.
Consumers continue to spend big on restaurants, gym memberships: Despite inflationary pressures, shoppers are willing to invest in affordable luxuries and wellness.
Big Tech layoffs in 2023 have already blown past 2022’s total—indicating that job cuts are expected to continue and that they’re now spreading to peripheral industries.
The Wall Street lender’s pilot shows the space is maturing and could prompt other banks to launch their own biometric products.
Nvidia could be generative AI’s top beneficiary: It’s making stock market waves because its hardware forms the foundation for the generative AI gold rush. Its reputational risk is growing too.
US losing its status among tech talent globally: International tech workers are finding the US a less attractive destination than other countries. Lack of bipartisan, public-private sector cooperation got us here.
Within the beleaguered US midsize and regional banking sector, closely scrutinized Pacific Western Bank has lost 20% of its assets since the year started, but just received a $1.4B cash infusion.
Reliance Jio and Bharti Airtel offered free 5G access and saw 55x growth in five months. Having secured the necessary bandwidth, the race is on to transition billions to 5G.
The solution lets businesses create physical or virtual cards, which can open a new revenue stream for Checkout.com.
Shoppers are expected to spend a record $24 billion on Easter purchases this year: But inflation will remain top of mind as consumers look for deals and consolidate spending at mass merchants.
Creator economy features have stopped working on Twitter: Whether they’re being abandoned or are broken due to missing personnel is anyone’s guess.
Small and midsize banks fight to keep their market share: Insured cash sweep services like IntraFi’s could help them hang onto flight risks. Why aren’t they promoted more?
Fed chair declares banking system is ‘sound and resilient’: And the Treasury Secretary says large withdrawals from regional banks have stabilized. But will investors believe them?
The rise of in-store retail media—through the digitization of surfaces in physical retail—will transform the store experience, the financial fortunes of retailers, and the advertising opportunities for brands.
The early pandemic sent retail ecommerce returns skyrocketing: Despite softening a bit in 2022, returns pose a major challenge for retailers, as they struggle to create policies that reduce costs and maintain good CX.
On today's episode, we discuss what more job cuts at Amazon could mean for the company, Utah's proposed ban on social media companies serving ads to minors, the Academy Awards' viewership in the age of streaming, Uber's next advertising venture, how to keep a 70-year-old brand (like Clue) alive, how humanoid robots are already here, and more. Tune in to the discussion with our director of reports editing Rahul Chadha, director of forecasting Oscar Orozco, and analyst Max Willens.