London-based iPhone challenger Nothing Phone is coming to the US: It’s up against a smartphone sales slump and Apple’s market-defying performance. Pricing for younger consumers is the key factor.
Vodafone and CK Hutchison plan to merge their UK carriers, creating the country’s largest wireless network. Consolidation could result in higher pricing and poor service.
Flush with palimony from its breakup with TD Bank, First Horizon is flaunting its new, independent status.
Though the agency is in charge of developing a data rights rule, it will take a hands-off approach to the rollout to empower consumers.
BNY Mellon and MoCaFi will deliver disaster relief and payroll disbursements, and basic banking services to the unbanked.
TikTok’s Script Generator accelerates ad creation: New tool crafts video scripts with a click, though caution is advised to avoid generic content.
EU antitrust case could have a massive impact on Google: As in the US, regulators are considering forcing divestment in ad tech business.
Capitalizing on Twitter turbulence: Meta gears up to launch Threads, an Instagram-based alternative.
Ad agencies are split on generative AI. Some are diving into the emerging tech with partnerships and acquisitions. Others are wary of the hype. With major ad platforms like Meta, Google, and TikTok developing their own AI tools, agencies need to establish a clear approach—or risk irrelevance.
On today's episode, we discuss some predictions for 2023 that are too specific to be 100% certain but could still come true, including: why Microsoft would want to buy Roku, whether TikTok will make a splash in search advertising, who will be the runaway retailer of the year, if Instagram's new Twitter competitor app will be a hit, and more. Tune in to the discussion with our analysts Debra Aho Williamson, Andrew Lipsman, and Paul Verna.
Visual search is coming to TikTok Shop: While the technology may drive more consumers to use TikTok as a product discovery and research tool, it may not boost sales.
Digital D2C disruptors, like Peloton and Casper, will bring in about $100 billion less in US ecommerce sales than the $134.55 billion of their established counterparts this year, according to our forecast.
Temu is quickly becoming a major ecommerce player: Sales on the discount marketplace surpassed those on Shein by 20% in May, but growth doesn’t come cheap.
Bud Light is no longer the US’ top-selling beer brand: While cost-conscious consumers turn to macro beers, AB InBev’s Dylan Mulvaney-related missteps are pushing them to other brands.
Apple’s record share surge hints at tech sector recovery, aided by bullish AI outlook and potential growth avenues. However, AI democratization may pose regulatory challenges.
It partnered with FreedomPay and Marriott as part of a wider shift to grow volume by focusing on payments for bigger restaurant and hospitality brands.
Instant Brands files for bankruptcy amid plummeting Instant Pot sales: The company’s reliance on its flagship product hurt its ability to stay competitive, leaving it vulnerable to shifts in consumer spending.
Accenture is investing $3 billion in AI in the next three years. The biggest challenge will be balancing automation with the human component of business operations.