Connected Economy

Connected Economy
X to Launch TV App ‘Soon,’ CEO Linda Yaccarino Says
April 23, 2024

X (formerly Twitter) will soon launch an X TV App that will bring real-time content to smart TVs. “This will be your go-to companion for a high-quality, immersive entertainment experience on a larger screen,” X CEO Linda Yaccarino said in a Tuesday (April 23) post on the social media...

Connected Economy
CE 100 Index Slips 3.5%, Led by Tesla and Peloton
April 22, 2024

The CE 100 Index gave up 3.5% for the week as earnings season began in full swing. Stock market gains were few and far between. The banking group eked out a 1% gain.  Goldman Sachs shares were up 3.8%. The company reported earnings that got a boost...

Connected Economy
Sheeva.AI Powers In-Vehicle Payments for Citroën in India
April 16, 2024

Sheeva.AI has announced that its in-vehicle payment technology is now available in Citroën vehicles in India. The solution powered by the company’s SheevaConnect product suite is available in Citroën C3 Aircross SUV AT vehicles that are in showrooms across the country, the company said in a Tuesday (April 16)...

Connected Economy
Gen Z Consumers Pull Back on Connected Devices 
April 15, 2024

Connected device ownership may be on the rise, but younger consumers are paring down the number of smart products they own, PYMNTS Intelligence research reveals. By the Numbers The PYMNTS Intelligence study “How We Will Pay Report: How Connected Devices Enable Multitasking Among Digital-First Consumers”...

Connected Economy
CE 100 Index Slips 2% as Bank Earnings Spark Decline
April 15, 2024

Earnings season has begun, and at least initially, investors seemed nonplussed. Despite resilient consumer spending, inflation’s sticky too — and pressures are evident in the CE 100 Index, especially on lower-income households. Banking names led the headlines, as the group was down by 4.1% through...

Connected Economy
Banyan CEO: Chase’s Media Move Highlights Value of Customer Data
April 09, 2024

Banks need new revenue streams. Retailers (and other businesses operating with razor-thin margins) need to fine-tune their go-to-market strategies and gain higher returns on marketing and advertising spend. To that end, J.P. Morgan Chase’s launch of its media platform signals the value of transaction-level data in crafting targeted...

Connected Economy
CE 100 Index Loses 2.1% but ‘Have Fun’ Pillar Gains Ground
April 08, 2024

It was a week of widespread losses for the CE 100 Index. Only the “Have Fun” pillar gained ground, up 1.1%.   Spotify shares gained 17.6%, leading that “fun” segment higher, as the company named a new chief financial officer this past week. As reported, Christian Luiga is...

Connected Economy
Microsoft Pushes LinkedIn Further Into the Connected Economy
April 05, 2024

LinkedIn has long been a fundamental part of the B2B economy, now topping 1 billion users. Now it’s showing signs of stepping further into the connected economy. Those signs come in two forms: Reports in late March showed that the B2B social platform — which...

Connected Economy
Chase Shows Super App Ambitions With Media Platform Launch
April 03, 2024

J.P. Morgan Chase unveiled its latest venture, a retail media network called Chase Media Solutions, Wednesday (April 3), marking a move toward personalized advertising within the banking sector. Retail media networks have become a fixture, as retail giants, including Walmart and Amazon, have capitalized on these networks to sell advertisements...