Netflix is way behind its competitors in India: The streaming service’s lack of a sports broadcast offering in the country is hurting its subscription goals.
Spotify overtook Apple Podcasts as the biggest US podcast platform in 2021, when the Swedish company drew 28.3 million monthly US podcast listeners, about 200,000 more than its rival did. Come 2025, Spotify’s lead will widen to 13.2 million, while Apple’s growth in the sector will all but stagnate.
The Ukraine crisis forces video platforms to make tough decisions: Political content is thriving on Twitch and YouTube, but so is misinformation.
India reaches 1B active mobile subscriber milestone: 350 million users are still on 2G, and India’s road to 5G needs to overcome infrastructure hurdles, which could prolong the adoption of data-rich apps services.
Rise of SpaceX spares NASA as Russian space program faces sanctions: NASA’s use of SpaceX rockets cuts dependency on Russia, paving a path toward US space dominance.
Reddit gets its own AI content recommendation page: The new Discover tab will look a lot like Instagram’s Explore page, surfacing photos and videos from communities that users aren’t yet subscribed to.
LinkedIn launches podcast network: The platform has been trying to tap into the growing audio space and creator economy for more than a year.
On today's episode, we discuss whether Donald Trump's new "Truth Social" platform can make some noise, Facebook rebranding the News Feed, whether LinkedIn is the best social network, Uber and Lyft's rebound, how Apple changed Facebook, an unpopular opinion about Disney, where Valentine's Day came from, and more. Tune in to the discussion with our director of forecasting Oscar Orozco and analysts Blake Droesch and Peter Vahle.
Brands look to better serve minority audiences: The growing buying power of US Hispanic, Black, and other communities of color means diversity can be good for business.
Alibaba’s stranglehold on ecommerce in China is loosening: The company’s earnings disappointed amid weakening consumer demand, robust performances from rivals, and more scrutiny from Beijing.
The most relevant brands don’t necessarily skirt controversy: Peloton and Spotify rank second and third in Prophet’s annual study, with Apple keeping the top spot.
TSB’s revamp of UK mobile onboarding improves security and user experience: The process includes a newly streamlined application and the submission of ID images and video of the applicant’s face.
Russia sanctions foreground US banks’ compliance hurdles: Targets of the new restrictions imposed in response to Russia’s invasion of Ukraine include banks and elite individuals.
Customers can save their payment details to enable faster ordering across the Olo Pay network.
Private-banking aggregation tech holds wider potential: France-based fintech Finary lets customers monitor all of their sources of wealth, from bank accounts to crypto, in one place.
It’s axed overdraft fees and charges for overdraft-protection services—as the number of big US players maintaining the old normal keeps dwindling.
TikTok’s adoption has exploded. In our inaugural forecast, we estimate that TikTok surpassed the 100 million user mark in the region last year. In 2022, users will surge 12.8% year over year (YoY) to 136.1 million. More than 3 in 10 internet users will be on the platform.