Smarter subsidies and incentives for EV adoption: Global EV adoption targets require a monumental shift for consumers. The shift can be accelerated by incentives to help bring down initial costs.
Pfizer expands its agreement with CytoReason by five years to boost AI’s role in drug development. We spotlight the trend in the pharma world.
More repairable iPhones: Easier repair earns the iPhone 14 a 7/10 score from iFixit, revealing that Apple is complying with right-to-repair, a feature other smartphones should definitely copy.
Streaming’s next big act may be consolidation: Disney looks to gain full ownership of Hulu by early 2024, and other deals could be in the offing.
Audiobooks make Spotify an “all-in-one” audio destination: Despite some hiccups, audiobooks complete Spotify’s listening super-app goal.
Walmart has big plans to grow its ad business: Its ad tech platform is working with TikTok, Snap, and Roku to measure how social media and CTV advertising affect sales.
Patagonia’s climate commitment puts retailers’ sustainability initiatives under scrutiny: Macy’s, Nike, and Puma are some of the companies taking smaller steps in their quest to reduce their carbon footprint.
Augment promises ‘the future of productivity’ is here: After a year of secrecy, the startup is now beta testing a potentially disruptive virtual assistant. Watch for mimicry and takeover attempts.
Tech hiring scavengers swoop in: Snap employees laid off this summer are being swamped with interest from recruiters. It’s rooted in a skills deficit that shows no sign of abating.
US regional banks have grown to a size where an economic crisis would have lasting impacts. And EU banks are under review for potential energy-related losses.
So far, the line of questioning is unclear—but it’s unusual, and it’s another headache the bank doesn’t need.
The two new companies will focus on ATM products and services and digital banking products. But beyond that, the strategy is unclear.
Amazon’s days of freewheeling expansion are over—for now: The retail giant paused warehouse construction in Spain and is reducing its US footprint as ecommerce demand wanes.
Retail tech platform Swiftly raises $100 million in funding: The unicorn aims to help businesses get a piece of the lucrative retail media pie.
Issuers may need to balance meeting lending demand and protecting their balance sheets as more consumers hold onto credit card debt for longer.
TikTok swoops in to fill the addressability drought: D2C brand spending increased 231%, but its lead won’t last forever.