Sustainability awareness is high in Asia-Pacific, where the majority of consumers are open to spending more on eco-friendly products. How can brands and retailers capitalize on the green opportunity—while also doing good for the environment?
Best Buy relies on promotions, AI innovation to combat sluggish demand: The retailer’s sales continued to drop in Q1 as consumers shy away from expensive purchases.
The Ai Pin maker is looking for a buyer and valuing itself at up to $1 billion. Technical issues, leadership changes, and fierce competition challenge its market potential.
An AI-powered Alexa will be a subscription service, enabling it to compete with multimodal chatbots. Its install base is an advantage, but privacy will be at the top of users’ minds
Can Apple entice hesitant consumers with a thinner iPhone? Smartphone buyers have been unimpressed with recent models. A flashy feature is a smart move if priced right.
The computers feature AI-enabled hardware with on-device AI applications, kickstarting a new PC upgrade cycle.
Apple isn’t bargaining in good faith, allege retail workers: As a result, associates voted to authorize a strike that could cause lasting damage to the tech giant.
Microsoft and Sanctuary AI team up on humanoid robots: Advanced AI is invigorating the robotics sector. But industry adoption doesn’t indicate consumer demand.
OpenAI and Google are gunning to get their chatbots on the iPhone: Apple is contemplating a deal with AI companies on generative AI. It doesn’t signal defeat.
The EU demanded Apple make iPads DMA-compliant in six months to avoid heavy fines, opening the market to alternative services. It could impede Apple’s AI pivot.
Google’s and Microsoft’s Q1 reports stoke generative AI frenzy: They both have at least one key advantage over rivals like Meta and startups in the AI race.
Its investment could strengthen the device ecosystems for AI integration and its focus on talent and supplier proximity could boost the local economy
Apple adjusts Vision Pro expectations after lackluster sales: The device’s expensive price tag is likely to blame—opening an opportunity for Meta to focus on affordability in the AR/VR space.
Google tells employees to work faster to earn their keep: The generative AI marketplace shakeup and increasing regulation are causing stress at the company. Layoffs aren’t helping.
Best Buy launches an Apple Vision Pro app: The retailer aims to appeal to early adopters and tech-enthusiasts with the means to splurge on the latest and greatest new products.
Consumers worldwide prefer searching for select non-food retail products online than in-store, according to November 2023 data from Auctane and Retail Economics.
Post-pandemic, China’s economy, including its retail sector, faces a pivotal moment. On one hand, all travel restrictions have been removed. But on the other, consumption has been dragged down by a deflated property sector and high youth unemployment, among other difficulties. For brands and retailers, the conundrum has created nearly unprecedented challenges to growth.
Meta’s and OpenAI’s upcoming models will make AI more useful: They’ll be able to think, plan, and take action. The features will boost productivity and escalate AI’s risks
88,000 LG connected TVs face security risks, underscoring rising potential threats as IoT devices proliferate. Enhanced security could be a key factor for future products.
Meta makes the Quest 3 more like Apple’s Vision Pro: It launches an experimental app with spatial computing features. The Quest’s relative affordability is Meta’s advantage.