Connected Economy

Connected Economy
Meta’s Surge Offset by Snap’s Losses as CE 100 Index Slips 0.7%
May 01, 2023

Every three months, like clockwork, earnings season settles in. As May dawns and the first quarter is behind us, investors get to take stock of the state of the U.S. consumer, enterprise spending — and what’s to come. To that end, the CE 100 Index...

Connected Economy
Tesla’s Slide Blunts XPO’s Gains as CE 100 Index Slips 0.5%   
April 24, 2023

Earnings season has begun in earnest, and a cavalcade of income statements and webcasts with analysts will mark the next few weeks. Volatile stock price movements drove the CE 100 Index to a virtual standstill, off 0.5% for the week.  Communications names were 5% lower,...

Connected Economy
Platforms, Not Creators, Reap Financial Rewards of Creator Economy
April 23, 2023

The creator economy is apparently leaving a bulk of creators out in the cold. In an opinion piece published Saturday (April 22) by the Financial Times, Leo Lewis argues there is a “stunning concentration of revenues” on a small number of Gen Z creators, and...

Connected Economy
Nearly 4 in 5 Consumers Screen Dating App Matches on Social Media
April 21, 2023

Bumble. Tinder. Hinge. MeetMe. Grindr. Plenty of Fish. Every month, 73 million consumers across the United States log in to dating apps like these to search for dates, hookups and partners, and 25 million of them log in every single day. Meeting via app is...

Connected Economy
Twitter’s X Everything App Needs Consumer Trust to Succeed 
April 17, 2023

The tech guru’s newest venture aims to be everything to everyone. But is it possible? Months of rumblings kicked off in November with Twitter reportedly filing with the Financial Crimes Enforcement Network to begin the registration process for processing payments. This first step for the...

Connected Economy
CE 100 Stock Index Inches Up 0.6% as Bank Earnings Roll In 
April 17, 2023

Earnings season is here. And as is always the case, big banks kicked things off. The CE 100 Index gained a scant 0.63% through last week, as quarterly reports from JPMorgan Chase and Citigroup, part of our pantheon of connected economy stocks, helped drive the...

Connected Economy
GM Gambles on In-House Tech Over Apple and Google Apps
April 16, 2023

Last month, General Motors tapped Google to help create electric vehicle infotainment systems. Google, but not the company’s Android Auto, or Apple’s CarPlay. This decision, the focus of a Sunday (April 16) Wall Street Journal report, is one that surprised the auto industry and marks...

Connected Economy
Why Demographics Only Tell Half the Consumer Digital Adoption Story 
April 14, 2023

Focusing on just the youngest digital-native generations or only high-earners when describing the connected-tech consumer misses the big picture when it comes to this demographic within a demographic. The connected-tech consumer owns an average of seven to eight connected devices. These may include computers, smartphones, tablets, smart TVs, gaming consoles, smart home technologies...

Connected Economy
Connected Technology Enables Home Cooking to Take on Uber Eats
April 12, 2023

With connected appliances, home cooking is becoming as convenient as takeout, according to technology company Fresco. In an interview with PYMNTS, Ben Harris, CEO and co-founder of the connected cooking platform, explained that the goal is to make cooking so intuitive and convenient that consumers...