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What If Millennials Aren’t Quite As Different As Advertised

PYMNTS

Logistics are much more complicated as one’s core customer base is no longer entirely concentrated in a handful of urban areas. That is a big question mark that remains, though it seems some particularly niche startups catering exclusively to urban millennials may have some rethinking to do.

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UK Digital Markets Unit To Tighten, Enforce Big Tech Competition Rules

PYMNTS

and abroad that the concentration of power amongst a small number of tech companies is curtailing growth in the tech sector, reducing innovation, and potentially having negative impacts on the people and businesses that rely on them.". The rules are set to take effect in April.

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10 Weekend Reads

Barry Ritholtz

Wall Street Journal ) 200 Years of Market Concentration : Is this trend an anomaly or part of an ongoing pattern in the stock market? To answer this question, we have collected data on the concentration of the US stock market over the past 235 years, from 1790 until the present. Its made by a company youve never heard of.

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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning reads: • How to Tweak Your Investments for a More Normal Market : Convert a traditional IRA to a Roth IRA; Higher interest rates means cash gets a respectable yield; Revisit concentrated positions; consider adding international stocks; buy longer-dated Treasuries.

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Mobile Devices To Account For 75 Percent Of Internet Use In 2017

PYMNTS

Mobile devices will account for 75 percent of global internet use next year, according to Zenith’s new Mobile Advertising Forecasts, published last week. What’s more, it found the highest levels of smartphone penetration are concentrated in Western Europe and Asia.

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Digital Ad Spending Now 51 Pct Of US Total For First Time

PYMNTS

advertising spending this year, or 51 percent, will go to Big Tech, such as Amazon , Google and Facebook , as the pandemic drastically affects the industry, according to The Wall Street Journal (WSJ). This is the first time that milestone has been reached, WSJ reported, with digital advertising clearly on the rise over older forms.

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Visa’s Authorize.Net To Provide SMBs With Offer On Super Bowl Sunday

PYMNTS

Furthermore, Visa said in the announcement that its marketing efforts from 2020 NFL Draft to the regular season have concentrated on encouraging fans that where you shop matters, with an emphasis on Black-owned businesses that have been disproportionately impacted by the pandemic.