Intel, Groupon, Workday announce layoffs: The historic bloodletting in Big Tech isn’t letting up anytime soon. While laid-off workers are left to evaluate their options, some companies are eager for Silicon Valley talent.
The anti-layoff tech crowd: A handful of companies have shown resistance to the tech industry’s layoff trend. Their strategies offer lessons for Big Tech but will likely be ignored.
Can airborne 5G networks fill connectivity gaps? A new antenna technology can deliver 5G coverage from high-flying aircraft, showing the versatility of mobile networks in areas terrestrial networks can’t cover.
China looms large for US, EU AI regulation: A first-of-its-kind transatlantic deal to deploy AI for vital industries shows there’s more political appetite to accelerate AI than to regulate it.
Lenders are cutting bankers’ bonuses by up to 70% to cut costs in response to a dealmaking slowdown.
Financing restrictions, political wrangling, and lending support could all be set to increase for banks.
Public comments revealed that many feel like the plan for banks and card companies falls short.
The Kansas Fed said the bank’s activities didn’t reflect safe and sound banking practices.
Walmart chips away at Amazon’s marketplace dominance: The big-box retailer is offering discounts for new sellers just as Amazon raises fees.
Buy with Prime launch could be a turning point for Shopify: The ecommerce platform raised prices and diversified its retailer appeal to protect revenues, but could still take a hit should merchants flock to its biggest rival.
Discovery—not influencers—is what separates TikTok and Amazon’s ecommerce businesses: The retail giant is trying to replicate TikTok’s success via its “Inspire” video feed.
Despite slower spending growth, both companies managed to pull in more customers—positioning them well in the long term.
Publishers continue to prioritize first-party data: OpenWeb acquires Jeeng in a sign that major outlets don’t want to rely on social media.
TikTok’s magic is no longer in its mystery. The illusion of TikTok content being personalized for users through an all-powerful algorithm is fading. Two weeks ago, Forbes reported TikTok’s use of a secret “heating” tool. But TikTok’s heating controversy doesn’t mean marketers should immediately retreat to Instagram Reels. Rather, they should think of TikTok and Reels as two different tools.
The next phase of direct-to-consumer (D2C) retail won’t be defined by a singular distribution strategy, but rather by the goal of making a real connection with customers. To get to the next level, D2Cs must use their physical presence, partnerships, marketing dollars, and customer data.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss why returns volume is falling, where people will return items in the future, and what returns look like across the pond. Then for "Pop-Up Rankings," we rank the top five things retailers can do to reduce the volume of ecommerce returns. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Carina Perkins.
Housing market-related brands and retailers face a tough road ahead: Sherwin-Williams is pessimistic about its ability to grow given high inflation and a weak US housing market.
After several years of double-digit increases, worldwide digital ad spending saw growth slow to 8.6% in 2022, for a total of $567.49 billion, according to our forecast. This year, growth will rebound to 10.5%, and spend will reach $626.86 billion.