On today's episode, we discuss how Spotify beat expectations, why a price hike is inbound, and the audio streaming company's relationship with artificial intelligence (AI). "In Other News," we talk about AI-powered ads for Google and whether Peacock can survive the streaming wars. Tune in to the discussion with our analyst Daniel Konstantinovic.
TikTok is launching ad product Pulse Premiere, an extension of Pulse that allows publishers like Condé Nast, Buzzfeed, and NBC to make money off of ads featured by all of their own content, according to the Wall Street Journal. The new product is part of TikTok’s efforts to make the platform more appealing to publishers, even as risks of a US ban loom.
Yum Brands’ same-store sales jumped 8% in Q1: However, the company’s overreliance on promotions such as Taco Bell’s $2 burritos and KFC’s $5 mac & cheese hurt its bottom line.
Aldi will soon have more US stores than Albertsons: The grocer plans to open 120 locations this year as more consumers trade down to discount retailers.
IBM is all in on AI and even predicts it can replace thousands of jobs with technology in the next five years. Premature announcements could keep tech talent away.
Shoppable media is gaining momentum as brands look for ways to narrow the gap between discovery and purchase. Just this month, Pinterest, NBCUniversal, Meta, and Yahoo announced shoppable media updates. From AI to QR codes, we dive deeper into these developments and why they may give companies an edge.
Toys R Us’ revitalization continues with Mexico launch: The toy company is partnering with retailer El Puerto de México to open standalone stores and operate an ecommerce venture to capitalize on local toy demand.
T-Mobile’s weakness in protecting critical customer data is exposed—its investments and expansion could be overshadowed by a questionable security record.
Companies will have to pony up for a custom ChatGPT: OpenAI changes its privacy options to alter how it handles data, which could mean higher customer prices.
Neato exits robotic vacuum market: The brand’s underperformance speaks to an oversaturated market, but vacuum cleaners are just the beginning of household robotics that’ll get juiced by AI.
Mastodon simplifies its sign-up process to attract more users: Elon Musk at Twitter create opportunities for alternative platforms.
It agreed to acquire the collapsed Federal Republic’s assets as the banking turmoil roils on.
The high-yield accounts are popular among Gen Zers and millennials, but concerns exist.
Executives at Klarna and Block argue the legislation would add too much friction and create an unlevel playing field
New travel features will help Amazon better compete in the co-brand space and rack up volume.
Both emerging technologies can help Mastercard stay ahead and avoid disintermediation
Australia's creator economy has an authenticity problem: Many influencer campaigns don't include proper disclosures.
The Container Store embraces resale: Its partnership with thredUP will allow shoppers to resell gently worn items for shopping credit at The Container Store.
Simon Property Group’s strong Q1 earnings and bullish outlook underscore strength of top-tier malls: But economic turmoil could lead to a spate of class B and C mall closings as capital dries up.
Though it may be tempting to lump Gen Alpha (consumers born after 2013) and Gen Z together, there are several differences between the two that marketers need to understand to effectively target the growing generation. As the second generation of digital natives, Gen Alpha will expect seamless digital experiences and mobile-first approaches. They also have more purchasing power than one might expect, with brand affinity starting around age 7, according to Morning Consult.