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At their peak, several millennial brands were valued in the billions of dollars. But they have not aged well. We consider whether these faltering names can compete with celebrity-led upstarts for consumers—and with
AI for investors’ attention.
Elsewhere, war in the Gulf has been a golden advertising opportunity for China’s commercial satellite firms. As American firms, pressured by Donald Trump’s administration, have cut journalists and researchers off from a vital source of open-source intelligence, Chinese imagery is filling the gap. The new supply is as much a
warning as a rescue.
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