In light of Uber’s Q3 earnings release, Amrit Dhami, Associate Analyst at leading data and analytics company GlobalData, looks at the key takeaways and what they mean for the global economy – ranging from China’s crackdown on foreign initial public offerings (IPOs) to the explosion of quick commerce. China is cracking down on Chinese companies […]

Following the news that Bitcoin and Ethereum have reached all-time highs; George Monaghan, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view: “While Bitcoin has legitimate uses, it definitely shouldn’t be the sixth-largest asset on earth by market cap. Reaching this position is one of two big red flags. “The other […]

While virtual reality (VR)* is set to see significant growth in the next ten years, with GlobalData estimating it will become a $51bn industry by 2030, the technology is still not a ‘mainstream success’. The leading data and analytics company notes that VR’s important role in the future of work and its part in the […]

Following Facebook whistleblower Frances Haugen’s appearance in front of MPs investigating online harm; Laura Petrone, Principal Analyst in the Thematic Research team at GlobalData, a leading data and analytics company, offers her view: “Haugen’s testimony shows that social media companies must become more transparent. Until platforms such as Facebook can be held accountable for the […]

Tesco’s entry to the UK’s checkout-free retail race, through partnership with disruptive in-store tech provider Trigo, allows it to compete with Amazon, Morrisons, and Aldi to grab a greater share of the UK’s in-store food and grocery retail market, set to be worth $196bn by 2025 Checkout-free stores are generating a social media buzz – […]

Facebook’s rebrand is expected to highlight the importance of the metaverse, an upcoming ‘virtual world’ technology that GlobalData expects will be a ‘mega theme’ Reducing Facebook’s association with social media will benefit the company’s public image following recent negative press, especially around data privacy – the company has the lowest possible score in GlobalData’s Thematic […]

Following today’s news (21 October) that former US President Donald Trump has announced plans to launch a new social media platform called TRUTH Social; Dr Lil Read, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view: “Without sophisticated algorithms and teams of content moderators, misinformation will likely breed on the TRUTH […]

Deal set to develop electric aircraft propulsion (EAP) technology will challenge dominance of hydrocarbon-fuelled aircraft Airbus’s next-generation electric helicopter signals race to dominate the electric aircraft market EAP provides the transformation industry needs to address the pandemic’s financial impact and growing environmental concern among travellers NASA’s award of a $253m contract to GE Aviation and […]

Following today’s news (18 October) that Facebook will hire 10,000 people to work on the metaverse; George Monaghan, Thematic Analyst GlobalData, a leading data and analytics company, offers his view: “At this point, the metaverse is roughly at the same stage of development as the internet was in the mid 1990s. There’s lots of talk, […]