Connected Economy

Connected Economy
CE 100 Stock Index Up 0.9% as Vroom and eCommerce’s Temu Parent Firm Gain Ground
June 12, 2023

The third quarter winds its way into the last few weeks of its final month.   And in the latest weekly showing, the CE 100 Index gained 0.92%, buoyed by the Shopping segment, which gathered 4.2%. The shopping-related names lead all verticals on a trailing-12-month basis,...

Connected Economy
TikTok’s D’Amelios Launch Influencer-Focused Management Firm
June 11, 2023

TikTok celebrity family the D’Amelios are launching a management company aimed at fellow influencers. The family is working with management firm Firebird, which has set aside $20 million for the D’Amelios and other online musicians, The Wall Street Journal (WSJ) reported Friday (June 9), citing sources familiar with...

Connected Economy
Connected Economy Infrastructure Gets $6.7 Billion Boost from US Treasury
June 08, 2023

You need to be in it to win it. And as the connected economy continues to transform how businesses and consumers go about their daily lives, the access to and availability of digital tools and services has never been more important. Particularly as it relates to vital services like...

Connected Economy
Getaround CEO Says AI Helps Platforms Monetize Idle Autos
June 08, 2023

After we shell out $30,000 or $40,000 for a car, it becomes all too easy to forget that our vehicles are often sitting idle for the majority of the day. “We own too many cars. We park them 22 to 23 hours a day, so...

Connected Economy
Record 28% of Consumers Look for Love on Dating Apps in Early 2023
June 07, 2023

Spring and summer are prime dating seasons, and like other human behaviors, the pandemic has increased consumer reliance on digital tools to find that special someone, at least for those who have the will and patience for the well-known frustrations with online dating. Looking into...

Connected Economy
As EU Decision Looms, Amazon’s iRobot Bid Spotlights Smart Home’s Evolution
June 07, 2023

There’s less than a month to go before EU antitrust regulators give a thumbs up or down on Amazon’s  bid to buy iRobot Corp. As reported in recent days by Bloomberg and other sites, the European Commission will weigh in on the deal by July...

Connected Economy
Connected Economy Grows While Digital Divide Around Vital Services Remains
June 05, 2023

Digital has reshaped the universe, but connection remains an issue. Participation in modern society requires access to vital services, including healthcare and education, which are increasingly being provided through digital platforms and methods. That’s why the U.S. Department of the Treasury announced May 30 the approval of...

Connected Economy
CE 100 Index Gains 3.3% as MongoDB, Snowflake Surge  
June 05, 2023

In a week that saw major indices in the U.S. rally on jobs growth and on the seeming resolution of the debt ceiling debate, the CE 100 Index outpaced its broader market peers. To that end, the CE 100 Index gained 3.3% as all pillars...

Connected Economy
Parkopedia Teams With Valtech on Connected Car Project
June 02, 2023

Parkopedia has teamed with Valtech Mobility to offer drivers “vehicle-centric digital services.” Announced Friday (June 2) in an email to PYMNTS, the partnership combines Parkopedia’s parking, charging and payment processing expertise with the app creation, integration and back-end development experience of Valtech Mobility, a joint...