Consumer habits are changing, and Gen Zers are a major driving force. Their shorter attention span, social buying habits, and lack of brand loyalty will push several industries to evolve—especially as Gen Z’s spending power grows. These shifts in financial services, advertising, and social make up four of our top trends for 2023.
The wealthiest person vs. the most valuable company: Elon Musk is attacking Apple for ceasing advertising and threatening to pull Twitter from its App Store, setting up a monumental clash he can’t possibly win.
Microsoft’s Activision Blizzard takeover might need a reset: If the FTC sues to block the merger, the deal could miss its July deadline. The video game giant should prepare for the worst.
Regulators enforce influencer marketing standards: Google and iHeartMedia face a lawsuit for radio ads in which hosts lied about using the Pixel 4 phone.
Small-business and BNPL growth underscores two holiday trends and could direct investment for 2023.
Google has a secret workforce disruption plan: As Big Tech trims its workforce, Google is investing in a moonshot project that could make it less reliant on human tech talent.
We wrap up what happened at last week’s Wealth Management Transformation Summit session on ESG in London.
A bank board member deemed US banks “fickle and profit-driven,” and promoted the use of European lenders.
Atom will delay its IPO, but 2023 will bring increased pressure as both firms seek to grow their lending platforms.
Black Friday sales in the UK, Europe fail to impress: Rampant inflation and the cost-of-living crisis kept spending down, dampening retailers’ confidence this holiday season.
As lawmaker pressure mounts, JPMorgan and other major banks are said to be devising a plan that would reimburse Zelle fraud victims.
Pinduoduo grew faster than JD.com, Alibaba in Q3: But with lockdowns and protests stymieing domestic spending, the discount retailer is looking for growth opportunities in the US.
No more blank checks for Amazon India: The retailer is scaling back its ecommerce offerings to cut costs, creating an opportunity for rivals to grow market share.
The Washington Post intensifies its climate coverage: Expansion includes the addition of more journalists and a new account devoted to visual content.
Elon Musk’s erratic tweets continue to scare away advertisers: Apple is the latest brand to halt its Twitter ad spend.