Meta reverse: Seven months after an all-in pivot to the metaverse, the company is on shaky ground. Downsizing staff and freezing hiring and investments signals an uncertain future for the metaverse.
Connected TV to draw users and time spent in the US: CTV is vying with smartphones and tablets for consumer attention while generating advertiser interest, our forecast shows.
Repairability could be a key smartphone feature: Google and Apple now allow users to fix flagship phones. This is a huge advantage over competitors that focus on deals for new phones.
Sports betting is becoming a major growth opportunity: in a test that competitors are watching very closely, FuboTV is bringing sports betting to its TV apps.
‘90 million attacks daily’: As the cybersecurity industry suffers from an onslaught of attacks and burnout, companies issue layoffs. The education sector could help build a higher-security future.
Tiny tech, big effect: A microlens can be a low-cost device to enhance solar’s efficiency. But commercialization might depend on testing that shows it will maintain solar’s low flammability status.
Future of work, focus on CX trends are powering Airbnb success: The travel platform’s growth come as the rest of the travel industry sees mixed results.
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.