The total value of contactless payments made with UK Barclays cards surged nearly 50% YoY thanks to regulatory changes and broader acceptance.
The “de-influencing” influence: The new trend of creators recommending what not to buy reflects a tough economy, disdain for fakery.
The share of worldwide video entertainment smart home device shipments will decrease between 2022 and 2026 as the number of smart security device and smart lighting device shipments grow.
Target is spending $100 million to expand its next-day delivery capabilities: The retailer plans to have at least six new sortation centers to make delivery cheaper, faster, and more efficient.
If the “Retail Media 1.0” era was primarily about search-driven ecommerce, then Retail Media 2.0 (with credit to Peter Moustakerski) will be about moving up the funnel and across retail channels
The banking arm of the UK’s biggest supermarket chain could appeal to neobanks and help potential buyers scale quickly.
On today's episode, we discuss the significance of Amazon buying a primary care network, how ChatGPT did when it took the US Medical Licensing Exam, and what an Apple mixed reality headset could do to treat pain. "In Other News," we talk about health information being shared for advertising purposes and what to make of CVS buying Oak Street Health. Tune in to the discussion with our analysts Lisa Phillips and Rajiv Leventhal.
Big Tech’s monumental SCOTUS face-off: Big Tech’s long-term immunity from content liability is being called into question, but Congress—not the Supreme Court—might be the better branch of government to navigate the issue.
There’s no stopping the retail media juggernaut. At $45.05 billion in US spending in 2023, it’s already far ahead of connected TV and closing in on traditional TV.
Of Microsoft’s $198 billion in revenues last year, only about 6% came from advertising. Could a revamped Bing help build out this revenue stream? It’s hard to imagine, but not impossible. Here are five charts that look at Microsoft’s latest ad moves.
TJX’s clothing-oriented stores grew sales 7% in Q4: But the retailer’s home furnishings division reported a 7% decline. (This story was written with the assistance of GPT-3.)
Dick’s Sporting Goods looks to grow its share of the outdoor market: The retailer is buying outdoor retailer Moosejaw from Walmart. (This story was written with the assistance of GPT-3.)
Generative AI proves difficult to handle: Microsoft and OpenAI are making changes to Bing AI following criticism. The changes show AI’s technical challenges and the importance of preemptive safeguards.
‘Impossible’ sensing using quantum: Researchers develop a sensor that transforms light into electricity with 200% efficiency. It’s part of a growing quantum sensing market that could disrupt the wearables industry.
Linux boots on Apple Silicon: Macs will be able to run all of the major PC operating systems. It’s bad news for Intel and AMD, which previously cornered Windows and Linux markets.
Customer experience makes or breaks trust: A recent survey suggests a poor experience or communication is enough to cause banking customers to lose faith in their financial institution.
Some banks are planning job cuts in areas related to investments. But others are adding and upskilling as the economic outlook strengthens.