Could 2022 be the year brain computing tech picks up in healthcare? The market is forecast to hit $3.5B by 2027. We detail how clinical trials could yield new applications to treat epilepsy, communication disorders, and spinal cord injuries.
Here are this week's hottest digital health startups: : Everside Health scores $164M, Health Note nabs $17M.
We explore why Teladoc’s Q2 earnings loss raises question about the Livongo acquisition and detail what the results foreshadow for the US telehealth market.
Meta’s reversal of fortune: Daily users and ad revenues fall in Q2, while inflation is forcing a price hike on VR headsets, making them less accessible to would-be metaverse users and possibly stalling metaverse adoption.
Inflation hasn’t hurt Spotify yet: Its ad revenue and subscription growth make it an anomaly among tech companies.
McDonald’s takes a personalized approach to value to drive sales: The fast-food company is relying on targeted promotions to soften the blow of higher prices.
Puma overcomes global uncertainty to post record sales: But adidas has a gloomier perspective as it anticipates a consumer spending slowdown.
Luxury brands’ stellar growth shows no signs of fading: LVMH, Armani Group, and Richemont all had strong quarters thanks to rebounding travel and a strong US dollar.
While Nordstrom hasn’t seen its customers cutting back, it could be only a matter of time before the recession comes for the department store.
Big Tech earnings buoyed by cloud: Microsoft and Alphabet’s quarterly earnings weren’t as bad as expected, boosting market confidence. But continued strength hinges on cloud divisions that aren’t recession-proof.
Walmart looks to benefit from consumers’ shifting spending patterns: The retailer giant is working with health and wellness hospitality company Getaway to develop small general stores at some travel outposts.
Banks, consumers, and regulators still can’t agree on a sound method for sharing data while still maintaining privacy.
Adding functions for small sellers’ convenience can help shore up its business, but it could also foreshadow Amazon’s broader payments strategy.
Prime memberships are about to get more expensive: Amazon is hiking fees up to 43% in some European markets to offset higher operating costs, but the move could put a damper on subscriber growth.
Shopify overestimated consumers’ appetite for ecommerce: The company cut 10% of its workforce to adjust to slowing ecommerce sales and an uncertain economy.