Comcast has no choice but to spend on Peacock: The future of video is digital, and Peacock is already showing that it can drive meaningful revenues.
Roku Q2 revenues up: Budget-conscious consumers are flocking to its ad-supported streaming platform.
Over one-third (37.7%) of US consumers’ time spent with TV is with streaming services, per Nielsen. Cable is not far behind, with a 30.6% share of consumers’ TV time.
Google, Apple maps duopoly under threat from Microsoft, Meta, Amazon coalition: A new initiative could signal a turning point in the digital mapping landscape with more enterprise opportunities.
Amazon’s Bedrock attracts ‘thousands’ of customers: It’s leveraging its cloud reach to gain a foothold in the generative AI race. Google and Microsoft’s ambitions pose a challenge.
Is generative AI entering a cooling-off period? More than 50% of companies are toying with AI, but only 18% are spending—a sign they aren’t sure about next steps.
X Corp cuts ad prices: The former Twitter aims to revive commitments amid continued brand risk.
Shein claims it turned a profit in the first half: With rumors of a US IPO swirling, the company says its sales volume growth accelerated and profits improved this year. (This article was written with the assistance of ChatGPT.)
The top two reasons shoppers worldwide buy directly from brands are a better price (53%) and free delivery (49%), followed by fast and convenient delivery and free returns (both 36%), according to Wunderman Thompson.
From improving in-store inclusivity to taking advantage of Bed Bath & Beyond’s closure, here are three examples of how back-to-school’s biggest players are delivering value through discounts and enhanced shopping experiences.
Porsche is investing $3.3B in battery production and is looking at three countries for a site. The balance of power in the auto industry could shift depending on the location.
QSR customers pinch pennies: McDonald’s savvy marketing and strong value proposition helped it deliver strong Q2 results, while Chipotle’s high prices led it to fall just short of expectations.
Unilever, Nestlé, Keurig Dr Pepper signal slowing price hikes: But that may not be enough to win back market share from private labels.
Betting big on premium foldables when smartphone shipments are plummeting is a luxury for the world’s leading smartphone maker, but it bodes well for future growth.
Pharmacy customers want personalized digital interactions: JD Power’s US Pharmacy Study shows brick-and-mortar pharmacies still have an edge with customers. Online pharmacies need to boost digital personalization.
Digital health startups to watch: We spotlight RPM company VitalConnect and primary care provider Herself Health on the back of fresh funding.
Amazon brings generative AI to patient medical records: Its new HealthScribe tool looks impressive on the surface—but it’s got a lot of ground to make up in the clinical documentation market.
Hollywood's strikes have stirred conflict for digital influencers: It's a choice between leveraging the situation for personal gain or showing solidarity with the unions.
US shoppers prefer to make their luxury purchases abroad: Spending from American tourists in Europe helped offset sales declines in the Americas for LVMH, Kering, Prada, and more.
Microsoft’s loss is Google’s gain in Q2: Investor favor vacillates between the tech giants, indicating uncertainty over who will win the AI race. Economic hurdles could dash hopes.