US advertising sector added 3,000 jobs last month: Reflecting a broader resilient US labor market despite global challenges.
On today's podcast episode, we discuss the Federal Trade Commission's (FTC) case against Amazon, the tech giants' defense, and what is most likely to come of this. "In Other News," we talk about what to make of Peloton and Lululemon striking a deal and why social media burnout is back on the radar. Tune in to the discussion with our analysts Jacob Bourne and Zak Stambor.
Meta pays big bucks for star-powered AI: It’s spending millions to craft AI personas of celebrities as a way to attract users. It’s also gaining a reputation it might regret.
The hidden cost of online ads emerges: Innovative strategies and collaborations pave the way for more environmentally-friendly campaigns.
Whether a virtual assistant gets a human name or a less personal descriptive label, it’s still promoting the financial institution’s image and branding.
Email marketing is the top area where US B2B and B2C marketers have increased their direct marketing budget in the past 12 months (62%), according to a survey from SeQuel Response and ISG.
The move can bring in more volume on PayPal’s cards and enhance consumer loyalty
The tracking feature brings added utility to the card and can improve the overall UX
The card will be released early next year to capitalize on growing T&E spending, which is helping prop up overall credit card spend
Meta proposes ad-free subscriptions for EU users: A strategic shift ahead of 2024's Digital Services Act, with global implications.
Patreon makes a bet on a new model for crowdfunding: A relaunch includes features designed to get creators and fans to spend more time on the platform.
X wants to reduce traffic to rivals but may end up curbing its own: The platform removed headlines from news links in a move that could get news outlets to divest.
Spotify gives UK premium subscribers 15 monthly hours of audiobooks: Expanded access helps justify recent pricing increases.
Shein looks to faster delivery times to drive growth: The retailer pushes to source fabrics and build supply chains in markets outside of China that are closer to its international customers.
Levi Strauss blames soft wholesale demand for weak Q3 sales: The denim brand lowered its FY outlook and intensified its push to D2C as department store sales continue to fall.
Kia and Hyundai join Tesla’s NACS charging in North America. Other automakers align to provide broad charging networks that are crucial for growing EV demand.
The need for AI-capable servers presents an attractive opportunity to shift away from PCs and their lagging sales. GPU supplies remain a choke point for expansion.
Amazon keeps tweaking its online grocery delivery threshold: The retail giant now offers free delivery for grocery orders exceeding $100, down from the $150 threshold it instituted earlier this year.