On Running’s revenues grew 46.5% in Q3: The company’s burgeoning direct-to-consumer channel, along with its expanding offerings, helped drive those gains.
Inflation’s downward trajectory continued in October, but consumers aren’t convinced: Despite the clear strength of the US economy, consumer sentiment fell for the fourth straight month.
Home Depot’s comparable sales fell 3.1% YoY in Q3: While consumers are reluctant to splurge on big-ticket, discretionary purchases, they’re starting to embark on modest projects.
Amazon turns to Meta, Snap partnerships to keep TikTok at bay: As the retailer moves in on social commerce, TikTok is beefing up its supply chain.
HomeGoods shut down its ecommerce business because in October it was unable to recreate the in-store treasure-hunting experience customers know and love online. Meanwhile, Amazon is struggling to master brick-and-mortar because it doesn’t know what in-store shoppers want.
The partnership addresses business concerns of complexity, data security, and customization in generative AI integration.
Point-of-care ultrasound tools could take off by 2028: Physicians who use the devices see great potential to improve their productivity and patient care. But today’s tools have significant drawbacks.
Digital health hasn’t taken off in rural America: Rural patients prefer in-person healthcare versus online. The issues go far beyond problems with internet connections.
Shifting from transactional to relational healthcare: Incumbent providers aren’t great at understanding consumer behaviors. It will become difficult to acquire and retain patients if they don’t figure it out soon.
Disney’s floundering superhero strategy catches up with it: Strikes and fatigue hurt box office performance for a new Marvel film, throwing the franchise into disarray.
Snap uses AI to empower AR: The company pivoted to AI in the last year to drive growth but is now using ChatGPT to put AR lenses back in the spotlight.
In 2023, 143.3 million people in North America will listen to a podcast at least once a month. This figure exceeds any other region or country that we currently track. Over time, however, audiences in other parts of the world will surpass the combined total of the US and Canada.
OpenAI eyes Microsoft’s coffers to build GPT-5: The generative AI model would surpass GPT-4’s capabilities, but there are ethical, financial, and technological challenges.
On today's podcast episode, we discuss a new lawsuit against Meta for designing its products to be addictive to kids, new paid ad-free versions of Facebook and Instagram, and where Threads engagement is at. "In Other News," we talk about whether we will ever come together again on social media and if AI can help us get there. Tune in to the discussion with our analyst Jasmine Enberg and director of Briefings Jeremy Goldman.
Its growth and cost-cutting measures brought the BNPL fintech its second straight profitable quarter. And it’s projecting full-year profitability for FY 2024
The bank is moving away from the consumer market where the GM program is its last big partnership
Following TrueLayer’s partnership with Stripe, the two tie-ups will propel the company’s growth
Big Tech will have a chance to offer input on the Online Safety Act: UK’s telecom regulator is seeking comments on how to interpret the strict social media law.