The UK’s cost of living crisis takes a bite out of Tesco’s profits: The company’s profits halved from roughly £2 billion to £1 billion in fiscal 2022 / 2023.

US retail sales will hit $7.334 trillion this year, according to our forecast, a growth of 3.3% YoY. “Where we’re headed is something of a new normal of slower growth,” said our analyst Zak Stambor.

Amazon sees growth opportunities amid economic challenges: That's CEO Andy Jassy's key message in an optimistic letter to shareholders about navigating difficult terrain. (This article was written with the assistance of ChatGPT.)

The FTC spots a trust problem in health and wellness advertising: Nearly 700 brands including Unilever and Coca-Cola are warned for misleading ads.

Digital health startups to watch: This week, we spotlight virtual GI clinic Oshi Health and clinical workflow tech vendor Florence on the back of fresh funding.

Walgreens, Prothena team up for Alzheimer’s clinical trial: We detail why pharma companies and retailers are a natural fit to improve clinical trial participation and retention.

Big Pharma needs a better local online presence: We dive into the 2023 Worldcom Digital Health Monitor report to find out which of the largest pharma companies are winning and who’s losing opportunities based on their online presence.

Despite a surge in ads, connected TV (CTV) faces the same challenge as traditional TV: getting consumers’ attention. Our analyst Paul Verna shares why co-viewing won’t hurt CTV’s targeting abilities and how too much repetition may make ads ineffective.

Peacock becomes first major streaming service to launch on Meta Quest VR devices: The move potentially impacts streaming content consumption in an increasingly competitive market.

Outlets leave Twitter over "government-funded" label; NPR, PBS departures may reduce platform's societal impact.

There’s no “podcasting winter” on the way: Slower growth is causing panic, but it’s really a marker of podcasting’s incredible success.

While retail as a whole is looking for ways to deploy generative AI to support operations and enhance customer experience, fashion ecommerce is likely to see some of the biggest impacts.

Rent the Runway improved its value proposition: Adding an extra item to every shipment helped the company reach 141,205 active subscribers, the highest count in its history.

US consumers' appetite for luxury is beginning to fade: But rapidly recovering demand from Chinese consumers will allow LVMH, Prada, Kering, and others to maintain their strong momentum.

Fintech is an easy scapegoat for a bigger problem: To keep nonbanks from benefiting from a new small-business lending rule, some objectors pointed to PPP fraud.

A big cloud services drought could amount to involuntary AI slowdown: Cloud server chips and energy supplies buckle under the weight of generative AI demands, adding to monopoly likelihood.

VCs flock to hypersonic planes: Aviation startups are planning ahead for decarbonization regulation to hit air travel. Destinus’ hydrogen-powered hypersonic jet is ultrafast and carbon-free, but there’s a catch.

The sector that spearheaded the pandemic’s remote work shift is struggling with bringing workers back to offices—employees feel happier and more productive working remotely.

Musk wants influence, not Twitter: Disinterested in legacy social media, Musk is remaking the platform into an X app with a broader scope. Controversy over AI and misinformation awaits.