Connected Economy

Connected Economy
Digital Transformation Demands a Different Framework to Sense and Seize New Opportunities
November 06, 2023

Digital transformation has become a buzzword — a worthwhile concept that is difficult to put into practice. Broadly speaking, enterprises embedding different capabilities into their operations have better outcomes and craft long-term strategies that keep customers front and center and the competition at bay. But...

Connected Economy
CE 100 Index Leaps 7.9%, Led by Shopify’s 32% Post-Earnings Surge
November 06, 2023

The CE 100 Stock Index surged 7.9% as Shopify and Affirm led the way with highflying gains that topped 32%. Nine of the 10 pillars gained ground, with the lone exception seen in the Work Pillar, which slipped 0.6%. WeWork was the company that dragged...

Connected Economy
Flavrs Adds Takeout Shopping and AI-Powered Features to Food App
November 02, 2023

Flavrs has added new features to its app, which pairs cooking videos with recipe data and shopping integration. “Since we started Flavrs, we’ve been busy connecting people to delicious and personal food experiences through video,” Alejandro Oropeza, co-founder and CEO, said in a Thursday (Nov. 2) post on LinkedIn....

Connected Economy
Yahoo Launches BMW In-Car Entertainment Project With Xperi
October 30, 2023

Yahoo is teaming with Xperi to bring in-car video content to BWM drivers. The partnership between the tech company and the automotive entertainment platform, announced Monday (Oct. 30), will bring video content from Yahoo Finance, Yahoo Sports, and In the Know to Xperi’s TiVo-powered DTS AutoStage video service.  “From taking a...

Connected Economy
CE 100 Loses 2.5% as Western Union Leads Payment Names Lower
October 30, 2023

The CE 100 Index lost 2.5%, as payment-related names led to the downside. The Pay and be Paid segment was the worst performing sector, sliding 4.9% through the week.  And within that pillar, Western Union gave up 14.1%. The company posted earnings this week that showed growth...

Connected Economy
Jio to Launch Satellite Broadband Service in India
October 27, 2023

Indian telecommunications company Reliance Jio Infocomm Ltd. has rolled out a satellite-based gigabit fiber service and said it aims to provide high-speed broadband services to previously inaccessible areas within India.  The new satellite broadband, named JioSpaceFiber, will be available across the country at “highly affordable” prices, expanding...

Connected Economy
Travel Drives Digital Engagement Growth Across Sectors
October 27, 2023

The digital transformation of economies is accelerating worldwide and reaching new heights. One of the major contributors to this acceleration is the travel and transportation sector, which has recorded the largest increase in digital engagement, according to PYMNTS Intelligence data. The reactivation of local transportation...

Connected Economy
CE 100 Index Loses 2.1% as Tesla Shares Slump on Earnings
October 23, 2023

Tesla’s double-digit plunge helped lead the CE 100 Index down yet again, slipping 2.1% in a week that saw all pillars, save one, retreat. The Communications pillar was the sole gainer, adding 2.2%. Snap shares added 8.8%. As noted here, Snap, the parent company for...

Connected Economy
NCR Voyix Debuts on New York Stock Exchange
October 17, 2023

NCR Voyix, a provider of digital commerce solutions, has made its debut on the New York Stock Exchange following the spinoff of its ATM-focused businesses. The company, listed under the ticker symbol “VYX,” aims to accelerate its platform conversions, expand services, deepen customer relationships and...