Google parent Alphabet is said to be considering making an offer to acquire HubSpot. Anonymous sources told Reuters that Alphabet has met with Morgan Stanley advisers to discuss the possibility. HubSpot’s current market valuation is $32 billion.
Global mobile consumer spend with soar by 267% to $2.2 trillion by 2030 according to app analytics platform data.ai. The report also forecasts 2.9 trillion global downloads and almost 16 billion hours spent per day. Despite these mammoth figures, the CAGR in each case will be lower between now and 2030 than it was between 2017 and 2023, perhaps reflecting the diminishing numbers of non-mobile users out there.
Amazon is set to abandon its experiment with checkout-free grocery stores. Apparently automated, the process actually required more than 1,000 remote “cashiers” in India to monitor video of checkouts. This was followed by reports that AWS plans to eliminate hundreds of positions both in its physical stores and across its sales, marketing and global services divisions.
T-Mobile will allow advertisers to target more than 20,000 screens in 11,000 store locations. That’s a lot of screens, but how much foot traffic does the average T-Mobile store get? It’s also linking up with streaming media company Plex as a CTV partner.