Penske hopes its event-focused model can keep Vox alive: The media giant recently invested $100 million into Vox, which has seen repeated layoffs.
2023 has been a rocky year for retail, with layoffs, inflation, and a potential recession dominating headlines. Despite all that, footwear sales are doing quite well. “People wear shoes. That’s as simple as that,” said Romy Samuel, founder of digital sneaker marketplace Common Ace.
Industries ignore AI warning label: Voices of dissent over speedy generative AI deployment are getting louder but may be drowned out by promises of lucrative returns. Risks are mounting.
The jack of all chatbots: Quora’s Poe grants users access to multiple leading chatbots. It has the potential to be popular but also comes with content moderation vulnerability on multiple fronts.
On today's episode, host Sara Lebow tees up a conversation between our principal analyst Andrew Lipsman and Jared Schrieber, co-founder and former CEO of InfoScout (now Numerator), to discuss the latter's new book, "Breakout Brands: Why Some Brands Take Off...and Others Don't." Lipsman and Schrieber discuss why brands like Rao's Specialty Foods, White Claw Hard Seltzer, BodyArmor, and Caulipower have seen some of the biggest market share increases in their respective categories, and the reasons for their success. Find out the marketing principles behind how consumer packaged goods (CPG) brands really grow, and why many of these drivers often go overlooked.
PNC’s efforts led to the invalidation of three USAA mobile check deposit patents, opening the door for appeals from both banks.
Fintech kicks off Black History Month with a wealth-building campaign: The investing app Stackwell reminds financial institutions that they struggle with culturally sensitive banking.
The FCA is creating the Innovation Advisory Group, which will promote tech development to benefit consumers and financial institutions.
Eurozone retail sales fell in December, underscoring the pressures European consumers face: But better-than-expected GDP growth makes a recession unlikely.
Musk rethinks removal of free Twitter API after outcry: Bots making ‘good content’ won’t be charged for access.
“I think it’s kind of a hard sell,” said our analyst Daniel Konstantinovic of Netflix’s Basic with Ads tier. Existing Netflix users are used to ad-free content, and even a cheaper price won’t win most of them over, he said. Could a potential recession change that?
Pinterest delivers a 'meh' Q4: Results mirror slow-growth story of other social media platforms.
There are reasons to be bullish about malls: Foot traffic grew in January, while the number of vacancies continues to decline.
While UK retail sales rose 4.2% in January, volumes fell: The cost-of-living crisis is putting a damper on retail sales—a trend we expect to continue throughout this year.
Children will make up 13% of the US population this year, making the future Gen Alpha about 46 million strong so far, per the US Census Bureau. Within that group, 26% will be Hispanic, compared with 19% for the general population. Some 7% will be two or more races, versus 3% for the overall population.
Getir and Jokr have very different approaches to rapid grocery: Getir is focusing on expansion at the expense of profits, while Jokr is narrowing operations to a few key markets to achieve profitability.
Tyson Foods reports steep drop in profit as inflation causes consumers to buy less meat: The company blamed a glut of protein in the market for its disappointing Q1 results.
Hashtag ‘#deinfluencing’ tops 68 million views on TikTok: The trend involves telling consumers what not to buy, pushing back against overconsumption and inauthentic creators.