Samsung’s sinking profits: Declining demand for PCs, smartphones, and memory is eroding the tech giant’s value in its consumer electronics and chip fabrication businesses.
Tech’s economic pain isn’t letting up: Economic recovery eludes the tech industry as the Fed targets the overall strong job market’s role in driving inflation. Expect more corporate downsizing.
Quantum claim leads to shock and disbelief: Chinese researchers say they’ve broken standard internet encryption with a quantum computer. True or false, it serves as a warning for better preparation.
The firm is reportedly in talks over a sale. We discuss why it could be an attractive acquisition and how likely a buyout is.
In the first week of the new year, US regulators came out swinging against Coinbase, Binance, FTX, and Celsius.
A review of job postings and applicants year over year reveals it’s easy to find tech talent, but harder to attract candidates in legal and compliance.
VP Kamala Harris also is on the fintechs’s side. But banking industry trade groups are offering lots of counterpoints.
Amazon’s 2023 is off to a difficult start: The retailer said it would lay off over 18,000 workers as it prepares to weather global uncertainty.
Apple hits a bump on the road to becoming an ad giant: In an ATT twist, French regulators fined Apple for collecting advertising identifiers without user consent.
In response to the shifting advertising landscape, we’ve cut over $5 billion from our US ad spend forecast for 2023, placing it at $278.59 billion. Why the downgrade? Well, for one, last year’s macroeconomic factors are spilling over into this year. And while that may resolve itself in time, there’s another, more permanent issue advertising is facing: privacy changes.
Everlane, Stitch Fix, and Helen of Troy shed headcount: Softening demand is driving retailers to take cost-cutting measures to help weather a potential economic downturn.
On today's episode, we discuss why anchoring augmented reality (AR) experiences to exact locations matters, how the smartphone will transform the smart home, why Apple will revise its app commission policies, and more. Tune in to the discussion with our analysts Jessica Lis and Yory Wurmser.
DoorDash looks to returns to spur growth: Its latest offering lets consumers request for someone to pick up their prepaid return packages and deliver them to a dropoff location.
Sony’s automotive dreams take shape: The Sony Honda Mobility venture unveiled its connected car prototype, Afeela, that illustrates automotive’s high-tech future. This means new revenue streams for tech and marketers.
Instacart will retain its status as grocery delivery king this year, capturing 73.0% of US digital grocery sales among third-party delivery services, per our forecast. However, competitors such as DoorDash and Uber will continue to eat away at its dominance.
Amazon laying off 18,000: That’s significantly more than previously disclosed and could indicate that widespread job cuts are around the corner for tech companies. Job uncertainty could lead to panic and stall innovation.
Big players are eyeing integration and interoperability: We unpack some developments from this year’s CES and where we see the market moving this year.