Chip companies could pivot to cloud and services: Expecting a slowdown in chip sales, companies like Broadcom are leaning on software and cloud computing acquisitions with companies like VMware to diversify their business.
Amazon wants to counteract the effects of pandemic-induced overbuilding: The ecommerce giant is reducing its warehouse footprint and using gig drivers to deliver packages from mall-based retailers.
eBay doubles down on collectibles to maintain ecommerce relevance: The online marketplace is launching an NFT collection and pop-up shop aimed at sneakerheads as it seeks to turn connoisseurs into loyal shoppers.
Walmart expands drone deliveries to six states: The retailer is also adding robots to warehouses across the country to speed up its delivery times.
Google rolls out a slew of shopping tools at its Marketing Live event: The search giant aims to combat Amazon’s rapidly growing ad business by offering tools that discern shoppers’ intent.
TikTok’s recent advances in its ad technology are making it easier for advertisers to plug into the platform and make buys. Since launching its self-serve ad platform in July 2020, TikTok has greatly expanded its targeting, custom content creation, and bidding capabilities.
Direct-to-consumer (D2C) ecommerce growth has slowed since 2020, but the leading digitally native brands remain popular. In December 2021, the Peloton website raked in 6.7 million visits worldwide, far more than the sites of Warby Parker, Casper, and other top digital natives in the D2C space.
Runway gains first mover advantage with direct-to-consumer travel telehealth: It’s replacing expensive and antiquated travel clinics with online $30 pre-trip consultations and medications, disrupting a $12 billion market.
Tia rolls out fertility services under integrated primary care model. We examine the unique way in which the women’s health startup is approaching fertility care and why the timing is especially critical.
Insider Intelligence recently released a new Spotlight report, Modernizing Medical Payments. The full report details consumers’ escalating medical debt burden and explore why providers must modernize their payment infrastructures. Below, we highlight the big trend and 3 key findings.
Gamified rehab could take off in healthcare: A Montana hospital is using VR and AI as part of its rehab therapy program. We detail how this could boost patient participation and treatment outcomes.
Consolidation in the video game industry isn’t over: Electronic Arts is reportedly looking for a buyer or to merge with another media firm.
Bipartisan anti-Google bill doesn’t bode well: The measure may not become law, but support for it could be a sign that tech regulation may eventually materialize.
Working with the restaurant delivery software provider lets Block build out its Square for Restaurants suite.
Uber and DoorDash are ending their gas subsidy programs: That’s despite the national average price for a gallon of gas setting a new record every day since May 10.
Despite strong demand for luxury, online retailers like Net-a-Porter struggle: Richemont’s mixed earnings show brick-and-mortar is still king.