Gen Z and millennial shoppers drive luxury sales growth: As their consumer base grows younger, brands are under pressure to prove their eco-friendly credentials and invest in virtual experiences.
Aether, from the sky, makes diamonds: Aether’s use of carbon dioxide to create diamonds paves an economically viable path toward turning CO2 waste into valuable commodities.
How the metaverse’s woolly mammoth could come alive: As extinct virtual animals emerge in the metaverse, they could serve as a test for researchers aiming to resurrect their flesh-and-blood counterparts.
Apple
On today's episode, we discuss why retailers and consumers are (and why they're not) excited about livestream shopping in the US. For "In Other News," we talk about when same-day delivery will be the norm and what to expect from direct-to-consumer (D2C) brands in 2022. Tune in to the discussion with our analyst Sky Canaves.
Verizon’s new streaming subscription hub resembles cable bundles of old: Streaming services are fighting tooth and nail to get ahead in a congested field.
Meta’s tie-up with Rolling Stone highlights the importance of creators: Events at cultural festivals will give emerging trendsetters and artists a forum to gain support.
Tencent’s WeChat lowered its SMB fees in response to a government directive, and CBDC adoption may complicate business further.
Is crowdsourcing the future of content moderation? Twitter seems to think so, as it rolls out its Birdwatch initiative to more US users.
UK fintech limits freelancers’ income see-saw: SteadyPay, which bagged a $5 million Series A, extends no-interest loans to gig-economy workers that they can access during months when they have lower income.
Proposed crypto mining freeze in New York gains traction: Legislation to freeze mining that uses proof-of-work (PoW) and fossil-fuel plants for three years got two new sponsors in the state assembly.
Companies in several markets are offering crypto products that act like bank accounts, and regulators have taken notice.
Insider Intelligence spoke with David Sykes, head of Klarna’s North America division.
Can membership programs provide a new revenue stream for retailers? Best Buy and Walmart are taking a page from Amazon Prime and AppleCare as they build out their programs.
Professional services players don’t think being in the “Russia business” is worth it: Accenture becomes the first major company in the marketing and advertising industry to entirely pull out of the country over its Ukrainian invasion.
Kroger turns to personalization to encourage consumer spending and loyalty: The grocer hopes customized rewards will keep value-conscious shoppers in the fold.