On today's episode, we discuss what to make of Twitter changing its name to X, whether Walmart is crushing Amazon in the grocery wars, what a billboard in your living room would look like, what Gen Z has done to the purchase funnel, why Airbnb doesn't have a loyalty program, what the most popular museums around the world are, and more. Tune in to the discussion with our vice president of content Suzy Davidkhanian and analysts Blake Droesch and Carina Perkins.
L’Oréal’s surging sales underscore the power of the lipstick effect: The company reported growth across all geographies and product divisions, with especially strong performances in Europe and in its Consumer Products business.
The cost of a data breach keeps rising: For the 13th year in a row, healthcare ranks No. 1 for costliest data breaches, and pharma isn't far behind. The time to invest in AI and automation tools is now.
GoodRx debuts in-app medication management features: Medication adherence apps are a dime a dozen. But GoodRx is hoping its rewards system will keep consumers around.
Talkspace gets Q2 revenue bump: We examine why it makes sense for the online mental health provider to prioritize its B2B business.
The EU's new antitrust probe targets Microsoft Teams, scrutinizing the tech giant's bundling practices for potential anticompetitive behavior. It’s the latest sign of tightening regulations against Big Tech.
Meta's strong earnings boost stock by 6%, owing to efficient cost-cutting measures, rebounding online ads, increased Reels engagement, and successful AI integrations.
Comcast has no choice but to spend on Peacock: The future of video is digital, and Peacock is already showing that it can drive meaningful revenues.
Roku Q2 revenues up: Budget-conscious consumers are flocking to its ad-supported streaming platform.
Over one-third (37.7%) of US consumers’ time spent with TV is with streaming services, per Nielsen. Cable is not far behind, with a 30.6% share of consumers’ TV time.
Google, Apple maps duopoly under threat from Microsoft, Meta, Amazon coalition: A new initiative could signal a turning point in the digital mapping landscape with more enterprise opportunities.
Amazon’s Bedrock attracts ‘thousands’ of customers: It’s leveraging its cloud reach to gain a foothold in the generative AI race. Google and Microsoft’s ambitions pose a challenge.
Is generative AI entering a cooling-off period? More than 50% of companies are toying with AI, but only 18% are spending—a sign they aren’t sure about next steps.
X Corp cuts ad prices: The former Twitter aims to revive commitments amid continued brand risk.
Shein claims it turned a profit in the first half: With rumors of a US IPO swirling, the company says its sales volume growth accelerated and profits improved this year. (This article was written with the assistance of ChatGPT.)
The top two reasons shoppers worldwide buy directly from brands are a better price (53%) and free delivery (49%), followed by fast and convenient delivery and free returns (both 36%), according to Wunderman Thompson.
From improving in-store inclusivity to taking advantage of Bed Bath & Beyond’s closure, here are three examples of how back-to-school’s biggest players are delivering value through discounts and enhanced shopping experiences.
Porsche is investing $3.3B in battery production and is looking at three countries for a site. The balance of power in the auto industry could shift depending on the location.
QSR customers pinch pennies: McDonald’s savvy marketing and strong value proposition helped it deliver strong Q2 results, while Chipotle’s high prices led it to fall just short of expectations.
Unilever, Nestlé, Keurig Dr Pepper signal slowing price hikes: But that may not be enough to win back market share from private labels.