Apple unveils the iPhone 15, focusing on premium upgrades in a stagnant smartphone market. Huawei poses a challenge in China and emerging markets.
Luxury furniture retailer RH isn’t immune to the housing downturn: The company expects challenges to continue into 2024 as high interest rates and limited supply take their tolls on the housing market.
Nielsen reverses stance on Amazon first-party football data: After networks and industry groups cried foul, Nielsen won’t include Amazon data in its panel currency.
As ChatGPT traffic dips, Anthropic’s Claude Pro emerges: The AI chatbot space evolves, suggesting a myriad of potential players.
YouTube TV gained 300,000 subscribers in Q2 while the pay-TV industry suffered losses. The shift signals a new TV landscape where Big Tech gains ground.
Overdraft fees fell 11% year over year, but they’re still widespread: A look at the fees banks are charging for overdrafts, nonsufficient funds, ATM usage, and checking accounts shows regulatory scrutiny can be a great motivator.
Safety. Soundness. Security: Studies say these are some of the feelings that bank branches evoke in their customers. We continue our look at how their role is changing in a digital world.
Goldman gets a warning about its fintech due diligence: The market and regulators continue to challenge CEO David Solomon’s vision for consumer and transaction banking.
On today's podcast episode, we discuss whether YouTube Shorts are cannibalizing long-form content, Instagram and Facebook users potentially being able to pay to avoid ads in Europe, how Netflix's password crackdown is getting on, whether serving multiple ads at once is a good idea, the impact of the Digital Services Act's arrival, how long it would take you to drive around every road in the US, and more. Tune in to the discussion with our forecasting writer Ethan Cramer-Flood, analyst Bill Fisher, and forecasting analyst Zach Goldner.
Hyundai’s in-vehicle payments system can add more hands-free utility, attract more potential buyers, and bring in payments revenues
Focusing on non-payments use cases is part of Amazon’s larger strategy for the POS system, which is still small in scale
Adding support for its branded cards on Apple Pay is further proof payments providers’ walled gardens are collapsing
YouTube reshapes ad approach for CTVs: Fewer breaks and longer ads align with viewer preferences.
“[Meta] has become more profitable for sure, but it is a leaner, meaner, and hopefully more efficient company,” our analyst Debra Aho Williamson said on a recent episode of “Behind the Numbers.” The company’s 21,000 jobs cuts certainly helped boost its margins. “I think that this sets Meta up for a much better second half of this year.”
Spending on sponsored content will rise 3.5 times faster than social ad spending will this year. Social ad spending, including YouTube, still dwarfs influencer marketing spending, at $83.72 billion versus $5.14 billion in 2023, per our forecasts. But the different spending patterns are a clear indication that creators aren’t tied to social media. The trend holds true on every platform, as marketers continue to shift more budget into influencer marketing, particularly video.
The retail industry commits by far the most dollars to digital advertising in the US. It has accelerated ad spending with above-average growth every year since 2020, fueled by the rising importance of ecommerce and digital channels in the consumer journey. By comparison, online ad spending by most other industries we track has seen far greater fluctuations from year to year over the same period. Retail’s ad spending growth will see sustained growth this year and next before other industries start to catch up on spending in 2025.
Intel joins tech giants like Apple in investing in Arm and focusing on low-power chips for AI. A successful partnership could accelerate chip production.
Key stat: Among US consumers ages 18 to 44, 53% prefer digital to phone when receiving help with a product- or service-related question, while just 35% of consumers ages 45 to 75 favor digital to phone, per Verint.
Zalando scraps customer reviews: While the move frees the platform from having to police fake or misleading reviews, it also deprives shoppers of a valuable source of information.
TikTok Shop copies Temu’s playbook as it looks for rapid growth: But its haste to onboard sellers has created an opening for counterfeiters and other disreputable brands, which could hurt its long-term prospects.