consumer

If you are a modern Indian consumer, chances are, you're reading this article on your mobile phone as you relax in the back of an Ola, or on a laptop, while you catch a break from work. Today's Indian consumer demands much more than his/ her needs met. He/ she wants luxury, entertainment, and quality experiences while shopping or making payments.That's why in the vast landscape of consumer technology, emerging markets like India stand out as a hotbed of entrepreneurial activity, with a plethora of startups disrupting…

Mustafa Suleyman is well-known leader and entrepreneur in artificial intelligence. Mustafa Suleyman is well-known leader and entrepreneur in artificial intelligence. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us…

Credit: CC0 Public Domain Consumer sentiment generally refers to consumers' attitudes and expectations about economic conditions. A new analysis published in Economic Inquiry indicates that U.S. party affiliation has a significant effect on consumer sentiment, and that sentiment, in turn, affects spending intentions. In the study that relied on information dating back to 1991 and focused…

Microsoft now has a lone leader overseeing consumer AI for the first time. DeepMind cofounder Mustafa Suleyman is joining the company from rival Inflection AI. Suleyman will try to push the consumer-facing Copilot assistant into the future, preparing for what may be a long battle with Google for artificial intelligence supremacy among Silicon Valley’s Big Five companies.Suleyman’s official title will be executive vice president and CEO of a new division called Microsoft AI, reporting directly to CEO Satya Nadella. Joining…

Although consumer demand for EVs hasn't shown up in the way executives had expected, sales of the vehicles are still predicted to increase in the years to come.Andrew Merry | Moment | Getty ImagesDETROIT — The buzz around electric vehicles is wearing off.For years, the automotive industry has been in a state of EV euphoria. Automakers trotted out optimistic sales forecasts for electric models and announced ambitious targets for EV growth. Wall Street boosted valuations for legacy automakers and startup entrants alike,…

The Federal Competition & Consumer Protection Commission (FCCPC) has filed criminal charges against Mikano International Limited for alleged obstruction of justice. According to a statement by the Acting Executive Vice Chairman/CEO of the commission, Adamu Abdullahi, the FCCPC accused Mikano International Limited of actions that hindered the lawful investigation process initiated by the commission. The commission said it got a search warrant from the Federal High Court in Abuja on 16 December 2022 to conduct…

The Federal Competition and Consumer Protection Commission (FCCPC) on Friday described the increase in the price of sachet water in the country as unacceptable and unfair. The FCCPC acting Executive Vice-Chairman/Chief Executive Officer, Adamu Abdullahi, disclosed this while speaking at an event to commemorate the 2024 World Consumer Rights Day in Abuja on Friday. The price of sachet water has gone up across the country in recent times. Currently, a bag of sachet water sold between N200 and N250 now sells as high…

Hi, this is Digbijay Mishra in Bengaluru. At the peak of the funding winter last year, an investor told me that the pace of investment deals will continue to be slow, but the nature of companies grabbing new cash will be different. The next obvious question was: what kind of companies? Consumer brands, the person said.Cut to March 2024, and the trend is now well established among tech-first venture capital funds increasingly backing brands selling products and services to a wide range of consumers. Sure, they're new-age…

In the latest instance of tech-first venture capital firms investing in new-age consumer brands with offline presence, Nexus Venture Partners, known for SaaS expertise, is set to lead a $5 million funding round in specialty coffee brand AbCoffee, people in the know said. The round will see the coffee brand’s valuation treble to about $15 million in less than six months.In other deals, Nexus has handed out a term sheet to lab-grown diamond (LBD) maker Aukera, said the people cited above. Elevate Your Tech Prowess with…

Happy Friday! Peak XV Partners and Tiger Global are among investors likely to pick up secondary shares in ecommerce firm Meesho. More details in a packed edition of ETtech Morning Dispatch.Also in this letter:■ How VCs are planning exits ■ Cabinet nod for AI mission■ Flipkart to start q-commerce Peak XV, Tiger Global in talks to pick Meesho secondary stakeA group of investors including Peak XV Partners and Tiger Global has held talks to acquire a stake in SoftBank-backed ecommerce firm Meesho in a secondary deal, sources…