Its Cybertruck enters a slowing, competitive EV market, challenging manufacturing limits and risking reputation with quality concerns, unclear pricing, and long pre-order waits.
Broadcom, Unity, ByteDance, and Bungie announce layoffs amid mergers, cost-cutting, and sector realignment. A strong job market isn’t translating to certain tech segments.
US out-of-home (OOH) ad spend will total $9.51 billion next year, and grow past $10 billion in 2026, according to our forecast. One unusual place those dollars are headed is advertising on wheels. That includes transit, taxis and ride-hailing services, and one of the most fun brand marketing tools there is: machines like the Oscar Mayer Wienermobile.
Safety probes and leadership changes are challenging the company's revenue and market leadership goals. Meanwhile, the delays open opportunities for robotaxi competitors.
Amazon will sell Hyundai cars online next year: It represents a shift in auto sales, merging Amazon’s ecommerce prowess with Hyundai’s automotive innovation amid a push for connected cars.
Amazon wants you to skip a trip to the car dealership: Consumers will be able to purchase cars from the retailer’s platform next year as dealers strive to meet growing standards for convenience.
Cruise halts robotaxi service in major cities following a permit suspension over safety concerns. Eroding public trust in autonomous vehicles could derail wider adoption.
77.6 million people in the US will use Uber or Lyft next year, according to our August 2023 forecast.
Uber and Lyft are rapidly expanding their advertising platforms to take advantage of this growing user base—one that may prove to be a major audience for advertisers.
On today's podcast episode, we discuss what social networks can't stop getting wrong, whether Amazon can make its app fun, if enough people care about voice assistants, whether Uber's "Return a Package" feature will take off, how AI may change entrepreneurship, which music format has made the most money for the music industry in the past 50 years, and more. Tune in to the discussion with our vice president of content Suzy Davidkhanian, vice president of Briefings Stephanie Taglianetti, and analyst Max Willens.
The un-carrier halts controversial auto-upgrades to pricier plans amid consumer outcry, reaffirming the pitfalls of unilateral billing changes in a competitive market.
Human operators are back in its taxis after a DMV permit suspension. Public perception of autonomous vehicle safety will affect the broader AV industry.
Ram Trucks was the No. 1 automotive brand by estimated TV ad spend in August 2023, surpassing Subaru, Chevrolet, Kia, and Jeep, per iSpot.tv as cited by MediaPost.
Toyota, BMW align with Tesla's North American Charging System, broadening access to the largest supercharger network and charging standard.
Apple, Google, and Meta can incorporate advanced WiFi connectivity in their AR devices in the US, paving the road to expand into wearables and connected cars via WiFi 6 GHz band.
Amazon expands drone delivery tests for prescription medications in Texas, potentially revolutionizing time-sensitive deliveries and sparking wider interest in the tech’s future.
It’s still early days. There are signs that point to cars becoming a major new media and advertising venue. But both commerce and media are still developing in cars—and at the moment, neither is completely ready for native ad formats.
GM drives tech evolution with connected car API: With a groundbreaking API, it aims to standardize automotive app development across various vehicle lines for enhanced consumer experiences.
Kia and Hyundai join Tesla’s NACS charging in North America. Other automakers align to provide broad charging networks that are crucial for growing EV demand.
It’s separating its IoT and connected car business from its cybersecurity unit so it can attract investors. But dividing its interests could open it up for acquisition.