Connected Economy

Connected Economy
Aggregators Supercharge Food Industries’ Digital Transformation in Connected Economy
May 08, 2024

The connected economy is making strides via a partnership between Uber Eats and Instacart. The two companies announced Tuesday (May 7) that in the coming weeks, Instacart customers will be able to order from a range of restaurants on its platform through a new “Restaurants” tab, enabled by Uber Eats. “Through this partnership,...

Connected Economy
CE 100 Index Rises 0.7% as Earnings Drive Lifestyle Categories
May 06, 2024

The CE 100 Index gained 0.7%, buoyed by continued earnings reports that boosted the fortunes of the Shop and Live pillars. Shares of Koninklijke Philips N.V. (Philips) were 27.6% higher, as the Live segment of the CE 100 Index was 4.2% higher. The company said...

Connected Economy
Integrated Health Metrics Unlock New Frontier for Connected Wellness
May 03, 2024

In the wake of Peloton’s restructuring efforts that come amid a decline in user engagement and a shrinking user base, the connected fitness industry finds itself at a critical juncture. While Peloton’s actions shed light on sectoral challenges and responses, a broader examination reveals deeper trends shaping the future of fitness and...

Connected Economy
Snap’s 30% Surge Leads Positive CE 100 Index’s Momentum
April 29, 2024

All pillars in the CE 100 Index posted gains for the week, as earnings spurred broad-based rallies. Snap was up 30.1%, helping drive the Communications pillar up by 12.5%. Snap Leads the Pack As reported last week, Evan Spiegel, CEO, said that augmented reality (AR)...

Connected Economy
International Roaming Packs Drive Travelers Deeper Into the Connected Economy
April 23, 2024

In a global landscape increasingly defined by connectivity, telecommunications companies are taking strides to cater to the needs of modern travelers.  Indian telecommunications giant Bharti Airtel has made a significant move toward this end by launching budget-friendly international roaming packs. Unveiled on Tuesday (April 22), the roaming...

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”...