The UK’s cost-of-living crisis shows no signs of easing: Inflation remained in the double digits in March, even as price increases in the EU and US eased.
Even as suspicions surrounding ChatGPT and generative AI swirl, marketers know the new tech will turn search—and its ad dollars—on its head. As search shifts toward chatbots, the way brands advertise with Google and Microsoft will change completely, creating problems for publishers and agencies.
Malls are struggling to stay profitable as consumer behaviors change and shopping moves even more online. While foot traffic and occupancy rates are down, there are some opportunities for growth. By changing up their retail mix and mastering the omnichannel experience, malls can regain relevance among shoppers.
US updates list of EVs that make the tax credit cut: Fewer model choices and lack of affordability reduce the effectiveness of government efforts to increase EV adoption.
Disney and Kroger team up to enhance targeting, measurement capabilities: The partnership gives CPG advertisers the ability to better connect ad exposures to sales or their KPI of choice. (This article was written with the assistance of ChatGPT.)
Data center operators are finding it difficult to secure reliable and cost-effective power due to rising energy prices, increased power consumption, and supply chain shortages.
TV and streaming writers overwhelmingly vote to authorize a strike: A gap between record revenues and shrinking pay set the stage for a showdown.
AI-generated music is great at impersonating artists: Universal Music pulled a fake, viral song from streaming services and demanded platforms crack down on AI.
Netflix Q1 shows growth is becoming harder to achieve: Paid sharing will prove dividends—as will strength in global markets.
We forecast US advertisers will spend a combined $86.40 billion on linear and connected TV (CTV) this year—in other words, about 1 in 4 ad dollars will go to ads on the TV glass. But as linear TV ad spending stagnates, networks are incentivized to prove the reach and efficacy of their digital properties.
On today's episode, we discuss whether Microsoft’s AI-powered Bing can take share from Google, if social platforms can compete with Amazon on product search, and what to make of the idea that Apple might release its own search engine. "In Other News," we talk about what watching Peacock in the metaverse looks like and how people feel about all of their subscriptions. Tune in to the discussion with our director of forecasting Peter Newman and analyst Max Willens.
Just Eat Takeaway touts higher profits even as order volumes decline: North American orders fell by 17% YoY in Q1, further complicating the company’s efforts to offload Grubhub.
Cost-of-living pressures and stiffening competition are forcing savers to look harder for better rates. Here’s how banks can gain an edge.
Declining demand and rising costs are taking a toll. Samsung and Apple dominate the premium segment, leaving room for budget brands to thrive in emerging markets.
Amazon makes CodeWhisperer free, undercutting Microsoft: AWS’ recent moves are raising the generative AI competition among big cloud rivals. Loss leader strategies can’t last forever, and energy is a focal point.
Several retailers look to harness generative AI’s potential: Instacart, Walmart, and Levi Strauss are among those testing potential use cases for the emerging technology.
Opportunities abound for smaller banks and neobanks as lenders cut loans and small businesses feel the pinch.
Smaller US banks will need to plump up liquidity cushions and create plans to combat runs on deposits.
It partnered with Goldman Sachs to offer 4.15% APY. With consumers switching accounts faster than ever, Big Tech could be a real threat to the financial sector.
The JROC—responsible for rolling out open banking in the country—released the next phase of its plan as industry leaders warn of the dangers of complacency.