Snap continues its Q3 storyline into Q4: Users top estimates in fourth quarter, but dwindling cash is a hurdle to innovation and growth.
It’s applying for state regulatory licenses—but it still needs to deal with other hurdles standing in the way.
Some 58% of Association of National Advertisers (ANA) marketers used retail media networks last year, according to a report from the ANA. In the next year, expect to see more movement from marketers outside of consumer packaged goods as brands look to take advantage of the recession-friendly ad space.
On today's episode, we discuss why TikTok isn't as algorithmically driven as we once thought, the significance of its less expensive ad rates, and the likelihood of a US ban. "In Other News," we talk about Americans' brand engagement on social platforms and some upcoming milestones for social media in 2023. Tune in to the discussion with our analyst Jasmine Enberg.
Travelers may want to let loose on vacation, but they want their premium travel credit cards to be locked down tight. The most in-demand feature of these cards is free identity theft insurance, with 53% of prospective users in the US saying it was “extremely valuable” to them, according to our “US Premium Travel Credit Card Emerging Features Benchmark 2022” report.
Grocers are less willing to put up with price hikes as inflation eases: Whole Foods is the latest retailer to ask suppliers to lower prices to relieve pressure on consumers.
Spotify’s $20 billion podcasting dream is a long way off: Despite a strong quarter for revenue and user growth, investments will take longer than expected to pay dividends.
RIP Showtime—as a standalone brand, that is: Paramount+ and the premium cable TV network are merging, the first of many expected streaming mergers.
Warner Bros. Discovery’s balance sheet is forcing it to play the licensing game: It’s a win for Roku and Tubi. For HBO Max subscribers, not so much.
Intel, Groupon, Workday announce layoffs: The historic bloodletting in Big Tech isn’t letting up anytime soon. While laid-off workers are left to evaluate their options, some companies are eager for Silicon Valley talent.
The anti-layoff tech crowd: A handful of companies have shown resistance to the tech industry’s layoff trend. Their strategies offer lessons for Big Tech but will likely be ignored.
Can airborne 5G networks fill connectivity gaps? A new antenna technology can deliver 5G coverage from high-flying aircraft, showing the versatility of mobile networks in areas terrestrial networks can’t cover.
China looms large for US, EU AI regulation: A first-of-its-kind transatlantic deal to deploy AI for vital industries shows there’s more political appetite to accelerate AI than to regulate it.
Lenders are cutting bankers’ bonuses by up to 70% to cut costs in response to a dealmaking slowdown.
Financing restrictions, political wrangling, and lending support could all be set to increase for banks.
Public comments revealed that many feel like the plan for banks and card companies falls short.
The Kansas Fed said the bank’s activities didn’t reflect safe and sound banking practices.
Walmart chips away at Amazon’s marketplace dominance: The big-box retailer is offering discounts for new sellers just as Amazon raises fees.