From Singles Day in China to Cyber Monday in the U.S., there are big-ticket online promotions that capture the headlines and our attention. Although Black Friday in the U.S. resulted in an online sales record of $6.22 billion, China's Singles Day netted a record $30.8 billion this year. Cyber Monday is estimated to reach $7.8 billion, a nearly 18 percent increase from 2017. By comparison, in-store shopping is expected to increase just 2.7 percent. To thrive in this new digital landscape and serve tomorrow's consumer, organizations will need to change everything - from their supply chains through to their talent needs. Learn more.
Woo Jin Ho, analyst with Bloomberg Intelligence, says that Huawei's competitors could benefit from growing geopolitical and security worries regarding the company's equipment. Nokia and Ericsson could capture more of the mobile infrastructure market, while Cisco, Juniper and Alcatel could do the same in the optical and router fields, with $5 billion in sales opportunities available.
Apple won't release a 5G-compatible iPhone until 2020 at the earliest, say informed sources. Analysts writing for Bloomberg believe that, although Apple hasn't previously been affected by similar decisions, 5G's greater reliability and ease of marketing might make this a risky gambit.
T-Mobile is using Amazon Web Services' SageMaker Ground Truth to enhance its customer service, reports Heather Nolis, a T-Mobile machine learning engineer. SageMaker employs machine learning to predict the reason for a customer's call and show relevant information to customer service representatives while the call takes place.
AT&T and Verizon plan to offer 5G networks live in Maui for Qualcomm's Snapdragon Technology Summit this week. Journalists will be able to test a 5G-enabled phone at the event, while Qualcomm will reveal the Snapdragon processor that will be included in 5G devices.
The earliest opportunities in 5G will occur in the enterprise realm, where lines between mobile wide area networks and wired local area networks will blur, says AT&T Communications CEO John Donovan. AT&T has announced that it will add 19 cities to its 5G services in 2019, on top of the 12 where it's scheduled to introduce mobile 5G this year.
GfK's EVP for Consumer Insight, Joe Beier, reports that even though 45% of consumers consider their smartphones to be valuable shopping devices for the holiday season, mobile payment adoption levels remain low. Concerns over the security of mobile transactions may be to blame, Beier adds.
The first phase of TV channel switches following the Federal Communications Commission's post-incentive auction has been completed, with the second phase beginning Dec. 1. In the initial segment, at least 140 stations in more than 20 markets changed frequencies, the FCC said.
AT&T has announced its plans to pay down between $18 billion and $20 billion of its debt during 2019. The company's debt totaled $183 billion on Sept. 30, but AT&T plans to review its non-core assets as it cuts debt next year.
President Donald Trump's announced threat to impose additional tariffs on $267 billion worth of goods imported from China could raise the cost of an iPhone by 10% if the countries fail to reach a trade deal, an increase that Trump defended. "People could stand that very easily," he said.