While Meta struggles with innovation and attracting younger users, at Snapchat, innovation and Gen Z users are in high supply. So why is the company struggling? “Snap doesn’t lack when it comes to innovation,” our analyst Jasmine Enberg said on a recent episode of our “Behind the Numbers” podcast. “But there are serious questions about the health of its core business, and it really needs to focus on turning those things around.”
Technology and cloud expertise are becoming hot commodities for automakers increasingly reliant on innovation and cybersecurity to power EV adoption.
Can Apple leverage its expertise as well as its 34 million developers to build a mixed reality ecosystem?
A Disney purchase of Hulu would upend the streaming industry: Comcast CEO Brian Roberts said it’s willing to sell its stake to Disney, ending a stalemate.
WBD highlights Max’s ad options at upfront: The new streamer launches next week, and promises a better viewer experience than HBO Max offered.
Disney adapts to industry challenges: House of Mouse emphasizes ESPN's sports offerings and nonscripted content at upfronts.
Shein’s latest $2 billion funding round came with a significant drop in valuation: The fast-fashion retailer is now worth one-third less, as it faces difficult economic conditions and government scrutiny.
TJX Companies had a mixed Q1: The off-price retailer saw strong demand for apparel and accessories, but its home goods business dragged down growth.
Vodefone lays off 11,000 workers globally: Europe’s struggling telecom industry could be on unstable footing to compete in the upcoming 6G race if governments don’t make public infrastructure investments.
OpenAI CEO Sam Altman offers US Senate his AI regulation wish list: US regulatory action on AI might fail to comprehensively mitigate risks including from open-source models.
Startup M-Kopa’s $250M raise shows the growth potential for firms that can widen financial inclusion in Sub-Saharan Africa.
AI-focused fintechs offer small FIs less-powerful solutions than their larger counterparts—if they work with them at all.
Standards are the tightest they’ve been since the Bank of Canada began its household lending survey six years ago.
Record-high debt and record-high card interest rates are leading to missed payments
The streamlined payment platform can make cross-border B2B payments easier and cheaper.
Convenience and dining present a large opportunity for Amazon One to grow without stoking competition concerns
Vice is the latest digital publisher to burst: The company has filed for bankruptcy after a year of searching for a buyer, a victim of tough economics.
Google is getting ahead of AI regulation: A change to Google Images will label AI-generated images in an effort to stop misinformation.
As the so-called AI arms race heats up, US site visit data from digital intelligence platform Similarweb reflects early changes in consumer behavior.
The US is the overwhelming center of gravity for all things advertising—and it will remain that way, even though 2023 will see a slight share drop for the country across various metrics. By the end of next year, the US shares of total and digital ad spending will increase once again.