Olympus develops virtual collaboration platform for digital health: Leveraging video, AI, and collaboration tech can bring remote experts into procedure rooms and facilitate remote medical training for more successful treatments.
Meta on the ropes: Meta shares have dropped, but metaverse adoption is expected to be a $13 trillion industry by 2030 as more players build competing immersive VR experiences.
Spotify doubles down on podcast commitments: The company revealed revenue figures at its investor day event, and warned that it will face losses for the next two years.
Xbox’s smart TV partnership could flesh out its ad business: The company is bringing its games subscription service to Samsung TVs.
Amazon’s fashion expansion continues with forays into luxury and physical retail: The company’s high-end ambitions are at odds with its emphasis on value and low prices.
Cloud rookies get burned: New reports show cloud data breaches are getting worse. By integrating security measures during instead of after cloud migrations, companies can bolster data safeguards.
Smartphones will gain a few competitors in the next several years. As metaverse tools and wearables like virtual reality (VR) headsets become more commonplace, they will cause growth to slow for everyday devices like smartphones.
On today's episode, we discuss the players in the advertising space—besides Meta, Google, and Amazon—that have created a billion-dollar ad business and which ones are close to gaining membership to the billion-dollar ad club. "In Other News," we talk about a refresh to the Federal Trade Commission's digital ad guidance and what Amazon's worldwide consumer chief stepping down means for the retail giant. Tune in to the discussion with our analysts Andrew Lipsman and Max Willens.
Target takes aggressive measures to shift unsold inventory: The retailer’s decision to offer steep discounts and cancel orders could signal a larger retail slowdown as demand cools.
Otherwise, the Center for European Reform said CBDCs risk becoming an “expensive failure.”
PayPal users can send cryptos to other users free of charge—and to external wallets and exchanges, but they’ll need to pay network fees.
Instagram makes incremental improvements: Some may appeal to advertisers and some to creators—but these are hardly grand slams.
PepsiCo’s Bubly comes out to honor LGBTQ+ community: The brand’s Pride Month campaign includes financial support for safe venues.
Walmart tests alternative fuel trucks, as well as autonomous vehicles: The efforts aim to ensure the retailer is ahead of the curve when it comes to the next wave of transportation.