Possible jail time for tech execs over content moderation: The UK’s Online Safety Bill raises the stakes for tech companies that don’t take child safety precautions. Expect long-term contention.
Warner Bros. Discovery is enlisting partners to grow outside the US: The company’s debt is making it turn to Amazon’s Prime Video in France.
Podcast production tones down: Difficulty in finding new shows makes creation a poor use of resources in the slower-growing industry.
McDonald’s innovation strategy leans on its core menu items: The fast-food giant appears to be taking a page from its chief rival, Burger King.
Expanding Android’s accessory ecosystem: Adding a competitor to Tile, Apple AirTags, and Samsung SmartTag helps Google round out Android’s accessories, but Bluetooth trackers are fraught with privacy concerns.
As retailers grapple with softer consumer spending, ThriveCart senses an opportunity: The startup raised $35 million to help businesses reduce cart abandonment and maximize upselling opportunities.
Goldman suffered a big loss in operating expenses, but Morgan Stanley’s revenues beat the odds.
The new division houses the remnants of consumer banking arm Marcus—a venture that’s still haunting the bank.
A new team will focus on promoting value-based behaviors as the digital challenger aims to be taken more seriously.
The two networks are edging closer to joining the UPI, which would open up a massive market opportunity.
Macy’s, Neiman Marcus, Hudson’s Bay rethink their strategies as department store sales fall: Tactics include using data science to predict trends and improve pricing strategy, doubling down on luxury, and maximizing store appeal with experiential concepts.
Our analyst shares what’s hot (the environment and Web3) and what’s not (the economy, the metaverse, and the fear of both logging on and off social media).
On today's episode, we discuss a part of digital ad spending that will overperform this year, why some countries will see a dip in online shopping, what will happen to time spent on social platforms, and more. Tune in to the discussion with our forecasting writer Ethan Cramer-Flood, analyst Zach Goldner, and director of forecasting Oscar Orozco.
Consumers pulled back on spending in December: Even as inflation eases, consumers’ diminished spending power is forcing them to make choices about what they buy.
Alibaba’s retail ecommerce sales in China were nearly twice that of Amazon’s worldwide in 2022, at $1.229 trillion compared with about $657 billion, per our estimates. Latin American competitor Mercado Libre had significantly less ecommerce sales, at nearly $35 billion.
Cancel culture comes for EVs: The Wyoming state senate’s EV ban proposal targets other states’ gas vehicle bans. It’s a political antic that puts a spotlight on challenges for the EV industry.