Day: May 8, 2021

eMarketer: US advertisers will spend $11.36B on streaming TV commercials on services like Hulu, Pluto TV, and Peacock in 2021, up from $8.11B in 2020 (Gerry Smith/Bloomberg)

Gerry Smith / Bloomberg:eMarketer: US advertisers will spend $11.36B on streaming TV commercials on services like Hulu, Pluto TV, and Peacock in 2021, up from $8.11B in 2020  —  Ben Chappell was binge-watching The X-Files on Hulu recently when he kept seeing the same ads for sports betting apps again and again. Source: http://www.techmeme.com/210508/p12#a210508p12

Report: fintech startups across India, Africa, and Latin America raised a total of $23B since 2017; Indian companies raised $11.6B, including $4.8B just in 2019 (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch:Report: fintech startups across India, Africa, and Latin America raised a total of $23B since 2017; Indian companies raised $11.6B, including $4.8B just in 2019  —  Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Source: http://www.techmeme.com/210508/p11#a210508p11

Study of 430K+ adolescents from the US and UK finds that there is “little evidence” of a link between teens’ technology use and mental health problems (Robert Hart/Forbes)

Robert Hart / Forbes:Study of 430K+ adolescents from the US and UK finds that there is “little evidence” of a link between teens’ technology use and mental health problems  —  There is “little evidence” of a link between teens’ technology use and mental health problems, according … Source: http://www.techmeme.com/210508/p10#a210508p10

Global chip shortage is forcing automakers to leave out some high-end features like navigation systems and “intelligent” rearview mirrors from their vehicles (Bloomberg)

Bloomberg:Global chip shortage is forcing automakers to leave out some high-end features like navigation systems and “intelligent” rearview mirrors from their vehicles  —  – Automakers cut back on functions to keep production going  — Navigation systems, large displays get nixed as crisis worsens Source: http://www.techmeme.com/210508/p7#a210508p7

Bain & Co: social commerce accounted for ~44% of Southeast Asia’s $109B e-commerce market in 2020; Vietnam leads with 65% adoption while Thailand is at ~50% (Prim Chuwiruch/Bloomberg)

Prim Chuwiruch / Bloomberg:Bain & Co: social commerce accounted for ~44% of Southeast Asia’s $109B e-commerce market in 2020; Vietnam leads with 65% adoption while Thailand is at ~50%  —  – Shopping via social media gains popularity in Southeast Asia  — Hit by Covid, retailers use chat apps to speak with customers Source: http://www.techmeme.com/210508/p5#a210508p5

Sources: India has held up approvals for import of WiFi modules from China for months, causing companies like Dell and Xiaomi to delay product launches in India (Sankalp Phartiyal/Reuters)

Sankalp Phartiyal / Reuters:Sources: India has held up approvals for import of WiFi modules from China for months, causing companies like Dell and Xiaomi to delay product launches in India  —  A man watches a video on his mobile phone as he commutes by a suburban train in Mumbai, India.  Picture taken March 31, 2016. …

Sources: India has held up approvals for import of WiFi modules from China for months, causing companies like Dell and Xiaomi to delay product launches in India (Sankalp Phartiyal/Reuters) Read More »