YouTube Music launches custom stations: The service continues to gain traction, especially in the paid digital audio market.
For the first time, US adults will spend more time per day with digital video than with TV this year, according to our forecast, as the cord-cutting revolution takes hold. Total time spent with digital video and TV will remain just over 6 hours per day, the same amount it’s been since 2020.
“It’s really hard when people don’t know what it is that you stand for. Then you ultimately stand for nothing, and that’s when your sales suffer,” our analyst Zak Stambor said on our “Behind the Numbers: Reimagining Retail” podcast.
On today's episode, we discuss if Twitter is actually getting worse, whether folks will want to become "Meta Verified," what it looks like to digitally insert yourself as a player into a live basketball game, whether Airbnb's recent performance is reflective of the overall travel market, what paid family leave looks like in the US and in different countries, and more. Tune in to the discussion with our director of reports editing Rahul Chadha, director of forecasting Oscar Orozco, and analyst Max Willens.
We unpack the benefits, risks, and regulatory implications of AI’s impact on insurance.
ES: Microsoft’s Bing AI has a huge price tag: The tech giant’s cavalier commercialization of generative AI has uncertain profitability. High compute costs are passed on to developers as other challenges mount.
Meta isn’t finished slashing its headcount: Another wave of layoffs is coming for Meta. Big Tech’s talent loss could hurt its innovation leadership standing if startup launches by expats proliferate.
New regulation can help sustain UK growth but other countries are rapidly making up ground in the race for open banking leadership.
They’re becoming delinquent on auto loans and credit card payments at a faster rate than older generations, raising questions about what’s normal and what’s troubling.
A handful of incumbent banks are offering 4% or more on savings accounts—but only for consumers who live outside the banks’ branch networks.
Meta leans into verification for incremental revenues: Slower ad market forces company to take a page from Twitter’s playbook.
TikTok still won’t give clear info on creator payouts: Its new Creativity Program promises higher revenues but conveniently skirts around the specifics.
Netflix will have a tough time gaining ground in India: Ted Sarandos laid out his vision for the market, but tightening revenues could restrict his plans.
The total value of contactless payments made with UK Barclays cards surged nearly 50% YoY thanks to regulatory changes and broader acceptance.
The “de-influencing” influence: The new trend of creators recommending what not to buy reflects a tough economy, disdain for fakery.
The share of worldwide video entertainment smart home device shipments will decrease between 2022 and 2026 as the number of smart security device and smart lighting device shipments grow.
Target is spending $100 million to expand its next-day delivery capabilities: The retailer plans to have at least six new sortation centers to make delivery cheaper, faster, and more efficient.