China’s retail rebound is off to a sluggish start: Consumers are being cautious with their spending as they navigate economic uncertainty. (This article was written with the assistance of ChatGPT.)
It will use Mastercard Send so customers in Australia and Hong Kong can send payments to more than 1.5 billion Mastercard cards.
Time spent with TikTok will reach 55.8 minutes per day among US adult users this year, per our latest forecast, about 9 minutes more than expected in last year’s update. In 2024, time spent will increase to 58.4 minutes, up 4.8% year over year. We also expect TikTok’s US user base to cross the 100 million mark this year.
Despite the word “recession” hanging in the air, US retailers had an okay Q4 in 2022. But some recurring themes persisted: Shoppers pulled back on discretionary spending, opted against home renovations, and generally avoided high prices. Here’s a look at how those trends affected earnings.
Companies like Google and Microsoft are racing to incorporate generative AI into their search engines, while Grammarly and Shopify are using it to round out their offerings. We asked our analysts what generative AI-driven changes we can expect for advertising. “I think transparency is one of the bigger issues surrounding generative AI,” said Insider Intelligence analyst Gadjo Sevilla.
Insufficient AV safety testing keeps regulators blind: Autonomous semi-truck manufacturers could sacrifice jobs for lower logistics costs but truck safety ratings are still unknown. Independent research is needed.
Grocery delivery loses its appeal as shoppers look for savings: Sales and order frequency fell in February, while mass merchants used their pricing power to woo cost-conscious consumers.
Kroger looks to reduce its operational costs: The grocer is testing self-driving trucks at several Dallas-area locations.
Digital health startups to watch: This week, we spotlight home health tech company Maribel Health and mental health screening platform Aiberry on the back of fresh funding.
Patients are accessing care outside doctors’ offices: Faced with the ongoing shortage of primary care doctors, consumers are getting basic medical services from other sources.
AI + RPM could be a win for clinicians: Two tech companies are teaming up to provide data-driven insights for physicians who remotely monitor patients.
On today's episode, we discuss what to make of a seventh consecutive US monthly ad market decline, how ad prices look compared to before the pandemic, and what we expect ad spending in Q2 to look like. "In Other News," we talk about an initiative aimed at reducing barriers to buying ad inventory and sponsorships for women's sports, as well as how many Americans still have cable—and for how long. Tune in to the discussion with our analyst Paul Verna.
TikTok is running out of time: TikTok bans are escalating across the globe, and opportunities for growth and expansion into a super app are fleeting. TikTok might need to separate from ByteDance to survive.
Samsung’s $230B bid to make South Korea a semiconductor superpower: A 20-year plan will result in five factories focusing on an array of chips that could secure South Korea’s dominance with no restrictions.
A writer’s strike would make streaming’s stock market problems worse: Writer and producer pay has fallen 23% in 10 years despite record profits, but streamers are hesitant to spend.
YouTube TV launches multiview: Feature enables sports fans to watch up to four streams simultaneously in another shot at Hulu.
Cord-cutting killed the regional star: That, plus streaming, has led to DIamond Sports Group’s Chapter 11 filing.