If you hadn’t yet heard of Temu, chances are you would have soon. Consider it a wannabe Amazon, another morally questionable online retailer with prices so low you can understand why an inflation-plagued consumer would want to take advantage. And it’s only getting more popular — unique visitors in the U.S. catapulted from 5.1 million…
The Covid-19 pandemic boosted the popularity of online shopping as people were stuck at home. However, coming out of lockdown, the shopping experience has changed, inspiring a new round of debate over whether brick-and-mortar stores can survive in the digital age. The shopping experience has gotten worse “Going to the store … is a battle that…
“Bad news: your car is a spy,” Gizmodo reported, citing new research from the nonprofit Mozilla Foundation that found new cars to be the worst category for privacy of any product it had ever reviewed since 2017. “If your vehicle was made in the last few years, you’re probably driving around in a data-harvesting machine…
Given the ubiquitous profile that Google — and its evolved corporate umbrella entity Alphabet — enjoys across multiple industries today, it can be easy to forget that the company whose very name has become synonymous with the act of looking things up online has only been around since 1998. In that time, Google has gone from…
Given the ubiquitous profile that Google — and its evolved corporate umbrella entity Alphabet — enjoys across multiple industries today, it can be easy to forget that the company whose very name has become synonymous with the act of looking things up online has only been around since 1998. In that time, Google has gone from…
The disparity in the United States between those who have money and those who don’t is continuing to rise. In the first quarter of 2023, “69% of the total wealth in the United States was owned by the top 10% of earners,” according to Statista, while the “lowest 50% of earners only owned 2.4% of…
The smartest insight and analysis, from all perspectives, rounded up from around the web: Sky-high prices for luxury rooms Hotel prices are rising to unprecedented heights, especially for five-star stays, said Nikki Ekstein in Bloomberg. Prices at brands like Holiday Inn and Best Western have risen 19% in the U.S. and 32% in Europe since…
China can’t seem to shake off its post-COVID economic slump. Will that weakness backfire on the American economy? CNBC reported that the People’s Bank of China cut interest rates this week in an effort to spur economic growth, amidst a “confidence crisis” that has seen exports fall dramatically, factory production slow down, and housing sales…
Workers at a major Tokyo department store went on strike on Thursday after talks with management over the planned sale of their company broke down, marking the first major walk-out the country has seen in decades. Some 900 workers at the flagship Seibu store in the bustling district of Ikebukuro are protesting the sale of Sogo &…
China can’t seem to shake off its post-COVID economic slump. Will that weakness backfire on the American economy? CNBC reported that the People’s Bank of China cut interest rates this week in an effort to spur economic growth, amidst a “confidence crisis” that has seen exports fall dramatically, factory production slow down, and housing sales…