The near term challenge (and medium term opportunity) is that Netflix is scaling faster than its ability to monetize the growing ad inventory.
Tag: Digital
India’s customer experience crisis: $55 billion lost due to poor service
A ServiceNow survey revealed that at least 90% of individuals in India have had to spend time trying to resolve an issue or complaint with organizations in the Telecommunications (92%), Retail & E-commerce (90%), and Financial Services industries (90%).
The Paris Olympics opener attracts 28.6 mn US viewers
It is the most watched start as compared to 40.7 million watched during the London 2012 Olympics opener, and 26.5 million viewers at The Rio de Janeiro 2016 Games ceremony.
HCLTech targets training 50,000 people on Gen AI and AI skills
HCLTech chief C. Vijayakumar said they continue to see a lot of AI and GenAI-related opportunities.
Epic Games CEO to fight against Apple’s app store policies
Epic has been fighting Apple for years over the company’s revenue-sharing requirements in the App Store. While Epic’s antitrust lawsuit against Apple was defeated last year, many of its criticisms were echoed in a different lawsuit filed against Apple in March by the Department of Justice and 17 state attorneys general.
Tech leaders write open letter to UN over global digital compact
The Global Digital Compact aims to establish a framework for global digital cooperation, define principles for an open, free, and secure digital future, and accelerate progress on the UN’s Sustainable Development Goals.
EU says Meta’s “pay or consent” ad model is in breach of Digital Markets Act
The EU has informed Meta that the company is in breach of the DMA. In case of non-compliance, the Commission can impose fines up to 10% of the gatekeeper’s total worldwide turnover. Such fines can go up to 20% in case of repeated infringement.
PM Narendra Modi introduces hashtag #Cheer4Bharat as nation gears up for Paris Olympics
The PM conveyed the nation’s collective hope for a stellar performance in the Paris Olympics, urging everyone to rally behind the athletes using the hashtag #Cheer4Bharat.
YouTube gives Premium users early access to latest experimental features
YouTube crossed a major milestone earlier this year, with over 100 million YouTube Music and Premium subscribers worldwide.
Google uses AI to add 110 new languages to Google Translate, its largest expansion ever
Google is using AI to add 110 new languages to Google Translate, including Cantonese, NKo and Tamazight.