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Top related persons:
— - 2 Baeckström - 2 it's - 1 Anthony Miyazaki - 1 Miyazaki - 1 Tubefilter - 1 Shein - 1 Elysia Berman - 1
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Service - 2 King's Business School - 2 Florida International University - 1 Federal Reserve - 1 Jenius Bank - 1 King's Business - 1 CNBC - 1 Intuit - 1

Search resuls for: "King's Business"


3 mentions found


☆ Micro-trends are taking over social media, and keeping up can be really expensive
  + stars: | 2024-10-24 | by ( Lindsay Dodgson | ) www.businessinsider.com   time to read: +7 min
Fast-moving fashion micro-trends on social media can drive impulsive spending. A novel aesthetic or "-core" circulates on social media every few weeks, prompting consumers to buy in. 'The perfect profitability storm'Fast fashion, social media, and retailers like Shein have together created "the perfect profitability storm for the businesses and influencers using them," said Anthony Miyazaki, a marketing professor at Florida International University. Along with social media algorithms, micro-trends are being fueled by the cycle of doom spending: buying unnecessary stuff to feel better. "While it's easy to get caught up in what others are doing, it's important to remember that not everything is as it seems on social media," she said.
Persons: —, it's, Anthony Miyazaki, Miyazaki, Instagram, Tubefilter, Shein, Elysia Berman, Berman, TransUnion, Dan Pallesen, Pallesen, Bill Ryze, Ryze, Julie Guntrip, influencers, Guntrip, Baeckström Organizations: Service, King's Business School, Florida International University, Federal Reserve, Jenius Bank Locations: London
☆ Gen Z and millennials are increasingly ‘doom spending.' Here's what it is and how to stop it
  + stars: | 2024-09-23 | by ( Sawdah Bhaimiya | ) www.cnbc.com   time to read: +2 min
Some young people are splashing out on luxuries like travel and designer clothes instead of saving, in a trend that's being characterized as "doom spending" on social media. Doom spending is when a person mindlessly shops to self-soothe because they feel pessimistic about the economy and their future, according to Psychology Today. It's happening because young people are chronically online and feel like they're constantly receiving "bad news," she said. These young people are then translating these bad feelings into bad spending habits, Baeckström added. And Fernández said she's not alone in doom spending.
Persons: they're, Baeckström, Stefania Troncoso Fernández, spender, Fernández, she's, It's Organizations: King's Business, CNBC, Intuit, America Locations: Colombia
☆ Google's Gemini firestorm shows the risks of the company's race to catch up with its AI rivals
  + stars: | 2024-03-06 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +5 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The company has been defending itself against fierce backlash sparked by its AI chatbot's image-generating feature. The product has landed Google at the center of what was described in some circles as a "woke" culture war. AdvertisementGoogle's 'Gemini era' is all about GPT-4Pichai claimed late last year Google was entering its "Gemini era." The model is widely seen as the company's answer to OpenAI's GPT-4, a product heavily backed by Microsoft and already powering many of the company's AI products.
Persons: —, execs, Critics, Andrés, Sergey Brin, Sundar Pichai, Brin, Alex Heath, Heath, Pichai, OpenAI's, Google's Bard, Bing, Gvirtz, Sandra Wachter, Wachter Organizations: Service, Google, Business, Big Tech, King's Business School, Engineers, Gemini, Microsoft, chatbots, Financial, Oxford Internet Institute
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