Search results for: “whatsapp”

  • WhatsApp Business & other news

    WhatsApp Business

    Introducing the WhatsApp Business App | WhatsApp blog – a free-to-download Android app for small businesses. Our new app will make it easier for companies to connect with customers, and more convenient for our 1.3 billion users to chat with businesses that matter to them. Here’s how:
    Business Profiles: Help customers with useful information such as a business description, email or store addresses, and website.
    Messaging Tools: Save time with smart messaging tools — quick replies that provide fast answers to frequently asked questions, greeting messages that introduce customers to your business, and away messages that let them know you’re busy.
    Messaging Statistics: Review simple metrics like the number of messages read to see what’s working.
    WhatsApp Web: Send and receive messages with WhatsApp Business on your desktop.
    Account Type: People will know that they’re talking to a business because you will be listed as a Business Account. Over time, some businesses will have Confirmed Accounts once it’s been confirmed that the account phone number matches the business phone number. Free to download on Google Play in Indonesia, Italy, Mexico, the U.K. and the U.S – surprised that Hong Kong didn’t make this list

    Mark Ritson: The Diet Coke relaunch shows its marketers have lost the plot – Marketing Week – a few things I don’t get. Moving away from the one Coke brand architecture. Are they trying to position diet coke against Red Bull? (Thinking about the can size). Or is there some shopper marketing related insight at play that says they need to maximise choice in a given shelf space? Decidedly odd, I would have expected this lot of ‘product’ innovation more in a market like Japan where you see constant consumer demand for the new new thing. Don’t even get me started on the ad creative…

    Business

    Apple plans to add $350B to the US economy — but that may not be as heroic as it sounds – interesting analysis to show that this is as much about PR as anything else. Aside from the tax deal why is this release being put out now?

    Silicon Valley Spotlight | Indeed blog – interesting data about slowing market for talent in tech companies

    Cathay Pacific Airways lags behind peers in fuel efficiency while Qantas is worst polluter, study finds | South China Morning Post – How much cargo, and how well airlines fill planes up to their maximum payload, typically with freight, had the greatest impact on fuel efficiency, Graver added. He said it was not about the number of passengers carried or the number of seats squeezed into planes

    Google moves into Shenzhen in latest China expansion | TechCrunch – not a big move

    Consumer behaviour

    YouGov | Who is on top in the Nike vs. Adidas battle? – UK only data

    Design

    How an unknown Chinese phone maker became No 3 in India by solving the oily fingers problem | South China Morning Post – “Big companies which sell smartphones in more than 100 countries are too global to care for one single market,” Chowdhury said in an interview in Shenzhen. “The core strategy for us is to become the favourite mobile phone brand in emerging markets.”

    Economics

    How China’s market economy has fuelled a prostitution boom | South China Morning PostMy grandma was always grateful to Mao, mainly because she was upgraded from a concubine to a wife under the Communists “one wife” rule. – There is also the shredding of culture and community during the cultural revolution probably ruined community / support mechanisms

    Luxury

    The Pet Shop Boys are the face (and sound) of Christian Dior’s men’s collection this summer.

    Luxury group Kering to spin off Puma to shareholders | RTE – not terribly surprising it fits awkwardly with the other brands

    Media

    Cranberries sales jump by over 900,000 percent after Dolores O’Riordan’s death | Irish Central – record companies eye ‘flowers and sundry’ budget to hire assassins and boost back catalogue sales

    American Views: Trust, Media and Democracy – Edelman – I suggest that the public relations business move itself from a reliance on advocacy toward a new policy of informing the populace more broadly on subjects of the day. That means providing the positive and negative facts, with third party attribution

    Online

    Instagram test two new features in Europe, and one of them will make it more difficult to snoop | JOE.ie – interesting for brands to track dark social syndication and regramming

    Google Plans to Vet YouTube Premium Video Content – Bloomberg – guessing the News International media campaign and Logan Paul debacle is starting to have an impact

    Security

    The bitcoin drugs trade is highly centralised | FT Alphaville – looks that the cryptocurrency bubble could burst pronto

    Technology

    Should the Tech Giants Be Broken Up? | WSJ City  – Apple and Microsoft supply 95% of desktop operating systems – but this point hides the huge disparity in market size and power between Microsoft and Apple still in the PC market

    Benedict Evans on ten-year future predictions (well as good as anyone can)

    Web of no web

    App that pays YOU based on your step count overtakes WhatsApp to become most popular in App Store – Mirror Online – where’s the business model?

    HSBC’s Amy and other soon-to-be released AI chatbots are about to change the way we bank | South China Morning Post

    Why Uber Can Find You but 911 Can’t – WSJ – one can understand the reluctance of technology companies to get involved

  • WhatsApp | Facebook post (part II)

    This post follows on from my first post that looked at the valuation of the WhatsApp acquisition.

    The  why
    From a WhatsApp point-of-view the why is perfectly simple, everyone gets rewarded for all the hard work that has been put in building a successful product with 430+ million users around the world. It is the end pay in a classic Silicon Valley fairy tale.

    For Facebook I think that the why becomes more complex and multi-faceted. If we have a look at Mark Zuckerberg’s own statement around the deal, some aspects of his explanation stood out:

    • WhatsApp is a simple, fast and reliable mobile messaging service that is used by over 450 million people on every major mobile platform. More than 1 million people sign up for WhatsApp every day and it is on its way to connecting one billion people. More and more people rely on WhatsApp to communicate with all of their contacts every day” – this is a recognition that your Facebook friends are only a small sub-set of your social graph. This point is reiterated further down in his message with: “WhatsApp will complement our existing chat and messaging services to provide new tools for our community. Facebook Messenger is widely used for chatting with your Facebook friends, and WhatsApp for communicating with all of your contacts and small groups of people. Since WhatsApp and Messenger serve such different and important uses, we will continue investing in both and making them each great products for everyone“. WhatsApp also has a lot of growth in terms of its user numbers – which I think is an ancillary benefit
    • WhatsApp will continue to operate independently within Facebook. The product roadmap will remain unchanged” – this is interesting. I once compared Facebook to an early Xerox where the company essentially acted as a cash cow to fund innovation. In Xerox’s case it was an insurance business they bought, in Facebook’s case I think that cash comes from the IPO and Facebook advertising
    • I’ve also known Jan for a long time, and I know that we both share the vision of making the world more open and connected. I’m particularly happy that Jan has agreed to join the Facebook board and partner with me to shape Facebook’s future as well as WhatsApp’s” – A few things on this; Facebook is bulking up its brain trust, and it views WhatsApp as important to get into the developing world. What this means for investors is an aggregate decreasing ARPU number. There are some incremental gains to be made such as reducing the cost of computing at the back end of running WhatsApp and taking a potential competitor off the table. It also harks back to something I heard attributed to Zuckerberg where he speculated that he may not have another idea as good as Facebook. Zuckerberg no longer needs to worry about this as he has shown he can buy those ideas

    If it’s not advertising what is it?
    It was quite telling that the top comment on Zuckerberg’s posting about the deal was:

    Chiranjeev Kumar Dear Mark Zuckerberg, You own Facebook, Instagram and now Whatsapp. Basically, you guys have more information than NSA, RAW & ISI combined.

    Facebook already has a wealth of data on a number of people who aren’t on Facebook with shadow profiles of everyone who features in many Facebook users address books but who aren’t currently members. It can see if they are in more than one users social graph. WhatsApp offers the potential to enrich this database further.

    A question of identity – In many countries like China, consumers have two or more email addresses, one of which is used for circumstances when they are likely to be spammed. A mobile phone number offers a greater likelihood of relating to a real identity, as the barrier to entry on replacing your mobile number is a bit higher.

    Enriched with context – every bit of data that Facebook can get about activity that occurs outside of a Facebook page helps with advertising targeting, even if the advertising isn’t served up through WhatsApp. I suspect there is a large overlap between the current Facebook and WhatsApp user base. When I think about Hong Kong which has a 50+% WhatsApp penetration and high Facebook adoption, it is easy to see how this context could enrich consumer insight for Facebook. I used WhatsApp to deal with my estate agent, building contractors repairing the air-conditioning unit and even put in my pizza order!

    WhatsApp has a number of low risk untapped sources of potential incremental revenue:

    One-to-one brand relationships – WhatsApp has the potential to be an opt-in one-to-one marketing channel with a personalised and enriched relationship greater than that provided by a Facebook page. Similar services are already provided on WeChat, LINE and KakaoTalk to allow brands engagement with consumers.

    For example here is what the consumer sees on WeChat:
    Untitled
    And here is what WeChat’s enterprise dashboard looks like:
    Untitled

    WeChat, KakaoTalk and LINE all make money from stickers. Stickers are used in Asia as communications short hand, or as a social lubricant when it would be harder to put words to reply to a message.
    Stickers
    At the moment WhatsApp hasn’t developed this content fully. I am not so sure that European consumers would pay for this content but some consumers will. All of this will chip away to make the deal look better value but are still comparative drops in the bucket to help raise the WhatsApp ARPU to numbers closer to Facebook.

    Partners to enemies?
    All of this still makes mobile telecoms operators like Vodafone cheap in comparison to their internet cousins and it isn’t currently clear what their response will be in the coming months. Facebook will have gone from being partner who helps sell more data, to competitor corroding the SMS revenue cash cow.


    Looking at data published on Twitter by Benedict Evans you are looking at a volume of messages that threatens to exceed SMS volumes. And this doesn’t include rival services such as WeChat, LINE etc, just WhatsApp; at least some of those messages will be substitutes for using SMS.

    More information
    Mark Zuckerberg’s Facebook posting about acquiring WhatsApp
    Facebook: IPO postmortem – a dispassionate analysis

  • WhatsApp | Facebook (pt I)

    Gosh, where do I start, Nigel Scott asked me what I thought about the WhatsApp acquisition by Facebook this morning and I replied that I was pulling together my thoughts and that I was gobsmacked at the time; I am still gobsmacked and here are my rather unstructured thoughts below.

    The valuation
    Ok lets talk about the valuation in bald terms first. On January 20, WhatsApp announced that it had 430,000,000 active users to date. Let’s be generous and not slice and dice what ‘active numbers to date’ actually means. Let’s also assume that they gained 10 million additional users between January 20 and today. The business has been going since 2009 so that may not be that big a step in terms of value.

    When you buy WhatsApp in the iTunes store you pay roughly US$ 0.99 for the application, on Android and other platforms you get to download it for free and then pay US$0.99 each year for the privilege of using the service. For the sake of simplicity I am going to assume that they have done US$880,000,000 in total revenues to date  and US$440,000,000 over the past 12 months.

    That would put Facebook as paying some 43 times earnings for WhatsApp, I believe that my revenue estimates are on the high side, so I suspect Facebook is probably paying north of 50 times revenue.

    If we think about this in terms of price/user then Facebook is paying about US$43 per user for WhatsApp. It’s a high cost of acquisition but not the most expensive paid. My friend Calvin compared this deal to Lycos acquisition by Terra Networks in 2000 in an all stock deal valued at US$12,500,000,000; or US$379 per user. You could double those numbers to get an approximate modern value.

    Stock versus cash
    Not all money is created equal and that is especially true when it comes to mergers and acquisitions. In both the Lycos and WhatsApp deals discussed above the bulk of the purchase value was in stock. In the case of WhatsApp there is just US$4,000,000,000 in cash, US$12,000,000,000 in stock and a further US$3,000,000,000 in deferred stock for WhatsApp employees.

    So essentially Facebook can pay the bulk of the acquisition by printing more stock certificates, a model that Cisco Networks pursued successfully through the late 1990 and into the late noughties. The value of that stock can go higher, or become just 0.84% in the case of Lycos if you were left holding it for long enough for the acquisition of Lycos by Daum.

    On the face of it the deferred stock puts a nominal value on each WhatsApp employee of roughly US$60,000,000. Again the risk is deferred, by structuring the the release of the stock over a number of years Facebook puts all the risk on the employees.

    Facebook went to IPO at 100 times revenue, so WhatsApp at 50 times revenue paid for with stock valued at 100 times revenue could look like a comparative bargain.

    The high cost of looking under the hood
    One thing that I found really interesting about the deal was the penalty clause involved between the two companies. If Facebook can’t get the deal to work, it ends up paying US$1,000,000,000 in cash to WhatsApp for looking under the hood.

    Now obviously it shows commitment from Facebook that they want the deal to happen, but there is also a high inherent value in Facebook finding out who WhatsApp works and why has it been successful. This is also reflected in the WhatsApp employee earnout value of US$3,000,000,000. Finally it gives us a notional value of how much Facebook thinks it would cost for it to replicate WhatsApp’s success: somewhere north of US$1,000,000,000.

    More information
    The Facebook IPO Post (I)
    The Facebook IPO Post (II)
    WhatsApp | Crunchbase Profile
    Why Facebook is a dead man walking
    Why Facebook is a dead man walking part II?
    Why Facebook is a dead man walking part 2.5?
    Facebook and advertising or why Facebook is a dead man walking part III?
    Facebook: IPO postmortem – a dispassionate analysis
    The Facebook | Instagram post

  • Skype retrospective

    A Skype retrospective was called for once I read that the service was being closed by April 2025.

    Skype retrospective origins.

    Skype was a thing right from the get-go when it launched in August 2003. There had been voice-over-IP (VoIP) services before Skype. Full disclosure, I worked on Deltathree; an Israeli predecessor of Skype.

    About this time, if you needed to make cheap overseas call, you would dial in to a special service and then dial the overseas number. This would relay your call via VoIP. These calls were also facilitated direct from a PC as well using VoIP.

    Previously, telephone calls were charged per voice minute. The further away the call was, the more expensive it was. VoIP disrupted the telecoms cost model.

    Enabling technologies.

    As broadband networks became more prevalent and Wi-Fi meant that you were no longer tethered to the ethernet connection of your router. At the time homes had an area delegated for internet access. Laptops were much less commonplace.

    Classic iMac in residence at Manchester Digital Development Agency

    The original iMac was a success because it was a plug-in and play solution for internet access. It’s iconic ‘candy design’ helped differentiate it from the competitors beige PC.

    By the time Skype was released I had an Apple iBook, a consumer laptop that pioneered the adoption of Wi-Fi, back in 1999, but my first broadband router at home didn’t support Wi-Fi. Broadband, Wi-Fi and 3G networks facilitated the start of Skype. Those networks provided the always-on connectivity to get the most out of the app.

    Low-key start.

    If there was any ‘thought leader’ on VoIP at the time, it would have been Jeff Pulver. Pulver didn’t bother discussing Skype at the time. Instead he was focused on expected government regulation, Vonage, PC VoIP software X-Lite and Windows Messenger.

    Skype first appeared on Pulver’s radar in December 2003, after Red Herring announced that they had secured a first round of venture funding. Pulver praised their ‘viral marketing’.

    It wasn’t obvious that Skype would be a winner.

    Messaging at the time.

    The primary messaging platform at the time in Europe was SMS. Instant messaging was starting to be used informally in workplaces. It was as much about the community norm as anything else. I started off using ICQ with Israeli clients, then Yahoo! Messenger, AIM (AOL Instant Messenger) and MSN Messenger. It was all a bit messy, so I pulled all my accounts together using Adium.

    Take-off.

    Skype quickly took its place on my laptop when it released its first Mac client in March 2004. By the summer, one of my clients at the time got rid of their desk phones when they moved office and had employees do internal and office-to-office calls via Skype-to-Skype instead. Giving someone your Skype ID became as common as giving out your email.

    At the time Skype offered encrypted voice calls held over a peer-to-peer network. The encryption was contentious as it something of Skype’s own design and wasn’t audited.

    In 2005, Skype was sold to eBay. The synergy between them wasn’t clear.

    Joost

    A year later, the Skype founders left and founded The Venice Project aka Joost – a peer to peer video platform. It was a photo-streaming platform. I liked Joost for its sub-Amazon Prime Video film library including obscure 1970s English language overdubbed martial arts films. But there was also Viacom content available.

    Meanwhile under eBay’s ownership, Skype incorporated video calls into its offering. I ended up in a long distance relationship with a Hong Kong-based fellow Mac user and we ended up talking every day via Skype. It even worked when she visited across the border in Shenzhen.

    Mobile impact

    You can’t write a Skype retrospective without talking about its role on mobile.

    3 Skypephone logo

    Hutchison 3G (known as Three), was a cellular carrier brand put together by CK Hutchison to build a global 3G network in Asia and Europe. In 2007, Three launched Skypephone with Skype. The key part of this as an unremarkable looking candy bar handset.

    3 Skypephone (white and pink)

    The Skype phone allowed you to see the status of your Skype contacts on the phone, allowing for presence on the go, in real time (network permitting) which was revolutionary. But we take it for granted on WhatsApp now. There was a couple of forums that gave out widely copied workarounds for the clunky implementation of Skype.

    For some reason Hong Kong always got the best features. You could have two numbers on your phone there. The first number was your proper mobile phone number that worked like you would expect it to. The second was your ‘SkypeIn’ number – a soft telephone service.

    I had worked on pioneer mobile app Yahoo!Go previously, which only allowed email and no VoIP calls. The Skype phone was a major leap forward because it allowed synchronous communications when connected to a network.

    There would have been no WhatsApp, Viber, WeChat or LINE without Skype leading the way.

    A nerdier fact was that the Skype phone ran on the BREW application development platform by Qualcomm. It allowed Java apps to be downloaded directly from early app stores before the iPhone. At the time I was side loading apps from my Mac on to my Palm and Symbian phones.

    Beginning of the end.

    The peak of my Skype use was keeping in touch with my parents when I was working in Hong Kong. Video calling made the world feel closer and they got to see some of Hong Kong with me because of its higher quality 3G network.

    Soon after I got back, we switched to FaceTime. This was for a couple of reasons. Skype had an increasing number of spam accounts and phishing attacks. Secondly, FaceTime had an easier to use interface.

    This is the point in the Skype retrospective when I think that the rot started to set in.

    From a software point of view a big decline occurred in 2016, Microsoft had settled into their purchase of Skype and decided to re-architect the system. Out went the peer-to-peer connections and the system moved onto Microsoft servers to mediate Skype-to-Skype calls.

    The irony of it all is that the distributed web is now the technology du jour.

    Microsoft messed with the user experience and I distinctly remember moving from one version to another and hated the new layout. From then on, it didn’t improve. Skype’s ability to dial out to international numbers was still something that I put to good use, pretty much up to the time of writing. But like an old cheque book, I came to use it less-and less often; knowing that I could still use the service, allowed Skype to be a back-up to a back-up of a back-up.

    At the time I was also using Skype for Business in the office where I worked. It was shambolic with each call timing out around the 30-minute mark.

    Om Malik had a similar experience.

    Skype, was once a beloved product, one that I loved using every day. It was a product I wrote about long before it was trendy. I sent the team feedback. Like all tiny apps that are good at what they do, it became popular and grew really fast. It was sold to eBay, and then re-sold to Microsoft. And that’s when the magic disappeared. Through series of mergers and managers, Skype became an exact opposite of what I loved about it — independent outsider which was great at — chat, messaging and phone calls. It had just enough features, and its desktop client was minimal in its perfection.  Now, as I tweeted in the past, it is “a turd of the highest quality.”

    The final bow

    A Skype retrospective would be remiss, if we didn’t cover the impact that the service has had. While Skype has struggled with scammers and Microsoft’s sub-optimal operation, its legacy lives on.

    The culture of desktop video calls started with Skype. Microsoft Teams, Zoom and Slack are its spiritual successors. A combination of software capability, hot-desking, hybrid working and COVID resulted in long term business behaviour change.

    As I write this, IAG – owners of British Airways, Aer Lingus and Iberia admitted that “business travel had settled into a ‘new normal’ that involved fewer one-day trips with flights, in part because of video meetings.”

    Skype had some current cultural relevance, particularly on TV where presenters would interview someone from outside the studio, for instance an expert calling in from home, Skype would still be the client used.

    At the time of writing, I am looking at Rakuten Viber to substitute my need for a ‘SkypeOut’ analogue.

  • Foreign workers + more stuff

    Foreign workers

    Foreign workers in Singapore parlance are people who come from around Southeast Asia and South Asia to do blue collar and pink collar jobs in the city state.

    In a number of Asian countries including Hong Kong and Singapore; Filipino and Indonesian workers came to care for old people at home, look after children and conduct household tasks.

    This group of foreign workers freed up middle class married women in Singapore and other countries to participate more to their economy, capitalising on their education and ability to earn more in fast-growing economies. They had higher levels of workforce participation than their female counterparts in Japan and South Korea.

    foreign worker philipppines

    The Philippines relies almost five-fold more on remittances for its GDP than similar countries like Indonesia.

    What’s less reflected upon is the social upheaval and challenges that these foreign workers face in their new homes. They are in a different culture, away from friends and family as a support network. They have tremendous pressure to remit as much money as possible home.

    They only have each other to rely upon. This skate team is just one of the activities that foreign workers do. From informal gatherings with friends to sophisticated beauty pageants, volleyball and basketball leagues. More Singapore related content can be found here.

    Beauty

    China’s beauty market is a sight for sore eyes | FT – The brand keeps prices of its products, from face powders to creams, closer to those of premium international brands, in line with L’Oréal’s Lancôme and Shiseido’s Nars. The rise of a domestic premium brand points to a significant shift in mainland shoppers’ buying habits as well as highlighting improvements in the quality of domestic products

    Business

    Business execs just said the quiet part out loud on RTO mandates — A quarter admit forcing staff back into the office was meant to make them quit | ITPro

    China

    Impatient for tech breakthroughs, the Communist Party is pushing aside private initiatives | Merics – the government is trying to pick winners and backfill the funding gap left in the VC industry which has declined over 40%.

    China’s long view on quantum tech has the US and EU playing catch-up | Merics – China sees quantum technology as pivotal in global science and technology (S&T) competition and has stepped up government spending on scientific and industrial development to about USD 15 billion.

    Consumer behaviour

    Paper People | Yun Sheng | Granta – virtual dating simulators and virtual love. Japan leads where the aging world is likely to follow

    2024 Year in Review – Pornhub Insights – young people (gen-Z) make the highest traffic.

    Gen Alpha report: Teens see Starbucks as the new Venmo – Fast Company – equivalent to rounds in a bar.

    From like to love: understanding why consumers fall in love with some products | Kearney

    Culture

    Y3K: Futuristic fashion trend sweeps China | Jing Daily – Inspired by AI, VR, and the metaverse, and propelled by K-pop idols and Korean brands, Y3K is rapidly gaining popularity among Gen Z. – very William Gibson ‘Burning Chrome’ era

    Economics

    Diverging demographic destinies: Cars and the middle class | WARC – According to Pew, the American middle class has shrunk significantly in the last few decades. The top 20% of earners now take more than 50% of aggregate income because theirs has grown faster. 88% of Americans have less than $2000 in their checking account and 50% have less than $500 in savings. The average cost of a new car in 1984 was $6000 and the average household income was $27k. Today average household income is $80k [Fed] but averages conceal the widened gap between maxima and minima: the median income per person is around $35k [Census]. The average price of a new car is almost $50k, which is surprising enough that CNN wrote an article about it. They explain that “much of the reason Americans are paying nearly $50k for a car is that automakers decided to go all-in on expensive cars. The more they charge for a car, the more money they make off it.” 

    Whereas forty years ago an average new car cost about a fifth of an average annual salary, a new car is now prohibitively expensive for most. That’s why Americans have a record $1.6 trillion of outstanding car debt and delinquencies are rising.

    What the Bubble Got Right | Paul Graham

    2025 AI & Semiconductor Outlook | Fabricated Knowledge – early indications for an economic downturn?

    Energy

    Is China’s “peak coal” just spouting emissions? | Too Simple, Sometimes Naive

    Hong Kong

    Asia’s Walled City: The Erosion of Transparency in Hong Kong | International Republican Institute – interesting report, particularly some of the knock-on effects for sectors such as public affairs professionals, financial analysts and being able to do due diligence on businesses.

    Japan

    FirstFT: Nissan and Honda hold talks about a merger


    Biden’s Move to Block US Steel Deal Is No Way to Treat Japan – Bloomberg
    In the executive order preventing the deal on spurious national security grounds, staffers for President Joe Biden appeared to accidentally copy-and-paste the title of a previous presidential order — one ordering a Chinese crypto mining company to vacate property near an Air Force base. The left the Nippon Steel directive entitled: “Regarding the acquisition of certain real property of Cheyenne leads by MineOne Cloud Computing Investment.”

    Luxury

    Interesting research from two sources that don’t quite square with each other. Walpole’s The State of London Luxury 2024 report came out and painted a rosy picture about the ultra high end aspect of the London property market. Meanwhile over at the FT, Why London’s property market is stagnating points at the same end of the market as being moribund in nature.

    United States Luxury Fine Jewelry Market Expected to Reach USD 24,374.3 Million by 2034, Driven by Sustainability and Personalization Trends | Future Market Insights. – The luxury fine jewelry market in the United States is poised for steady growth, with the market size expected to reach USD 17,353.6 million in 2024. The market is projected to continue expanding at a compound annual growth rate (CAGR) of 3.5%, reaching USD 24,374.3 million by 2034

    Marketing

    Ipsos In Talks To Acquire Kantar Media | Media Post Agency Daily

    Full article: Infusing Affective Computing Models into Advertising Research on Emotions | Journal of Advertising Volume 53, 2024 – Issue 5: Computational Advertising Research Methodology – academic study to look at the kind of research techniques that the likes of System 1, iPSOS and Kantar use in assessing advertising

    Ageism in advertising: AI and layoffs exacerbate the issue | Ad Age – baked in (but largely incorrect) perceptions about ‘not being able to use AI’ and reducing headcount is crippling the existing DEI dumpster fire in the advertising industry.

    Media

    Jellyfish Launches Share of Model™ Platform, First-to-Market Solution to Track How LLMs Perceive Brands, Products & Services – Marketing Communication News – Share of Model™ Platform – a first-of-its-kind solution that enables companies to analyze how different Large Language Models (LLMs) perceive their brands, products and services. Critically, the new platform can identify whether or not brands are optimizing their digital presence enough to prompt coveted recommendations from Gen AI models such as ChatGPT, Google’s Gemini and Meta’s Llama, when people tap into them for guidance.

    The Media Mix Navigator tool

    Retailing

    Foot Locker hit by slower spending and NIKE ‘softness’ | WARC | The Feed

    How WhatsApp for business changed the world – Rest of World

    Security

    Romania blames Russia for election meddling | FT

    How Chinese Hackers Graduated From Clumsy Corporate Thieves to Military Weapons – WSJ

    How macOS has become more private – The Eclectic Light Company

    Afgantsy Redux: How Russian military intelligence used the Taliban to bleed U.S. forces at the end of America’s longest war

    Technology

    Intel on the Brink of Death – SemiAnalysis & The Death of Intel: When Boards Fail – by Doug O’Laughlin. This interview with former Intel CEO Pat Gelsinger, back when he was the project manager for the Intel 386 processor. In retrospect, Gelsinger’s return as CEO could be seen as an Intel C-suite cargo cult hoping for 386-like success again.

    Telecoms

    U.S. officials urge Americans to use encrypted apps amid cyberattack | NBC News

    Web-of-no-web

    Top secret lab develops atomic clock using quantum technology – GOV.UK