Deep discounts may drive consumers previously holding back on big-ticket or discretionary purchases to splurge, while parents will keep an eye out for back-to-school deals. Walmart, Target, and Best Buy may see Prime Day-driven boosts in physical store traffic.
Gen Z’s buying power is rapidly growing: Food and beverage companies looking to cater to the demo’s unique tastes can’t do so without incurring some risks, however.
Walmart brings HIV care into its pharmacies: The retailer hopes that providing resources and services for a highly-stigmatized disease will build trust with consumers.
New health tech means more cybersecurity incidents: But it’s not all bad news. Finally, healthcare security professionals are getting more money to protect their expanding networks.
Primary care is a Prime Day deal: Amazon is discounting annual membership to its One Medical service this year. And that’s just the beginning.
On today's episode, we discuss the advertising industry's recent love affair with generative AI, what happens inside the minds of Gen Z consumers, why Spotify is pivoting, Twitter's new CEO writing the the company's next chapter, how podcast advertising is doing, how much people spend when they go to Las Vegas, and more. Tune in to the discussion with our director of forecasting Oscar Orozco and analysts Bill Fisher and Max Willens.
Canada isn’t on speaking terms with Google and Meta: Regulators pulled ad spending on the platforms in response to the duopoly’s attempt to ban news links.
Mounting legal challenges show AI needs a path to profitability: AI companies are running out of free training material, worsening high operating costs.
Food delivery platforms push back against NYC’s minimum pay law: Uber, DoorDash, and Grubhub say the new standard would raise costs for businesses and consumers while limiting worker flexibility.
The US IPO market shows signs of life: Cava went public last month and raised $366 million and now Birkenstock’s owner is considering taking the sandal maker public.
Threads vs. Twitter: Meta shows off its social media leverage with a successful Threads launch. Digital privacy will be key in thwarting its plan to beat Twitter.
US tech layoffs drop in June: The tech industry has likely finished the bulk of its cutting, but macroeconomic conditions mean there are still challenges ahead, especially for startups.
Airbnb wants to become the ‘ultimate AI concierge’: The technology could help increase platform engagement and bookings while also introducing privacy, security, ethical, and regulatory headaches.
UK gov’t seeks to bolster rules around banking subsidiaries: The timely rescue of Silicon Valley Bank’s UK subsidiary by HSBC couldn’t have been engineered if it had been a branch instead.
Walls come tumbling down: OpenAI pauses ChatGPT's web browsing due to its unintended capability to bypass paywalls.
As Goldman Sachs pulls away from consumer banking, it may offload Apple Card to Amex—with potential knock-on effects for Apple Pay Later
The tool will help brands offer an enhanced customer experience online and may lead to higher conversion rates
The platform launched in New Zealand as it tries to reach 10 million users across Asia by the end of 2025
Flipkart partners with Axis Bank to offer personal loans: An embedded finance strategy will help it stave off competition from Amazon and other emerging rivals in India’s booming ecommerce market.