David Stockman, former director of the Office of Management and Budget during the Reagan administration, warned that a 40% stock-market plunge is coming. Read more…
Global video platform TikTok boosted its user base by about 30% to more than 130 million viewers since its owner Bytedance merged the app with lip-syncing app Musical.ly in early August, according to researcher Apptopia. TikTok’s worldwide downloads increased 20% and U.S. downloads rose 25% from the prior three-month period. Read more…
Facebook notified advertisers, agencies and marketing partners that they’ll now need to confirm the nature of their relationships with each other before being allowed to share Facebook data among themselves, according to a company blog post. Read more…
WhatsApp, the Facebook-owned messaging app with 1.5 billion users worldwide, will start showing ads after being ad-free for years, according to India’s Economic Times. Read more…
U.S. drivers are responsible for $212 billion of spending during their commutes, but carmakers have to overcome skepticism from consumers and advertisers about connected cars. Read more…
Walmart added an augmented reality (AR) feature to its iPhone app that lets shoppers scan price tags with the smartphone’s camera to see on-screen product comparisons, prices and customer ratings, according to a company blog post. Read more…
Football coaches across New Jersey: Where have all the players gone? Read more at the New York Times
Online travel agency Travelocity added its first augmented reality (AR) experience to its mobile app, letting people take pictures and videos that show a digital overlay of the brand’s Roaming Gnome mascot. Read more….