Digital media formats are poised for growth in US and Canada: Total media consumption will decrease this year as pandemic-inspired habits calm.
Nearly half of global consumers have changed their payment habits as they feel the squeeze of current market conditions, per a Paysafe report.
Videos are becoming part of Reels: It's part of Instagram's push to increase time spent within its TikTok competitor.
Retailers struggle with macroeconomic challenges: Rising interest rates, a tight labor market, and slowing discretionary spending drove Revlon and Enjoy to file for bankruptcy, and StockX to lay off staff.
Online beauty sales are booming: Thanks to evolving consumer behavior and a proliferation of distribution channels, cosmetics and beauty is set to become one of the fastest-growing ecommerce categories of 2022.
Merck seeks AI and ML health startups: 12 health tech incubees will participate in a 10-month sprint to develop new technologies and could buck the trend of startups failing to produce clinical outcomes.
Alphabet’s health dominion may come at a hefty legal cost: The tech giant dwarfs its Big Tech peers with health investments, but regulatory scrutiny may heat up in the post-Roe reality.
Home care company Tomorrow Health just scored $60M, but the outlook for the rest of the year looks gloomy for Tomorrow and its peers as investors caution amid economic uncertainty.
On today's episode, we discuss what to expect from Prime Day 2022, Instagram's projected growth, what Americans watch on TV, the latest social commerce moves, movie theater ads 2.0, an unpopular opinion about comparing TV and digital video, how much time we spend doing meaningless work tasks, and more. Tune in to the discussion with our analysts Blake Droesch and Paul Verna and senior director of Briefings Stephanie Taglianetti.
Spotify seeks incremental revenue from the creator class: The audio giant is expanding Marquee, its self-serve ad units.
NBCU has a successful upfront season: The media giant secured $1 billion for its streamer, Peacock.
Samsung leads in next-gen chip production: Production of Samsung’s 3-nanometer chip leaves rivals like TSMC and Intel scrambling. And chip innovation is quickly outpacing the speed of legislating subsidy bills.
A new Frontier for startups: A handful of startups just got funding to remove CO2 from the atmosphere. Using carbon as a raw material could help them reach market viability.
Retailers experiment with the role of the store: Gap, Jonathan Adler, and others are testing new retail concepts and tech to determine the best way to leverage their physical presences.
Brands are bullish on ecommerce: More than half of companies are ramping up investment for ecommerce initiatives, per a survey by Yottaa.
The neobank will refund customer deposits and return its banking license, adding another headstone to the Australian neobank graveyard.
On today's episode, we discuss the Cannes Lions International Festival of Creativity 2022—observations from the event, the value of being there, what we heard from marketers, and what the social media giants had to say. Tune in to the discussion with our analyst Jasmine Enberg and vice presidents Marissa Coslov and Ina Gottinger.