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Rescuing The Restaurant Business From App Decline

PYMNTS

The model for the DineVite online and mobile app is actually similar to social media. What will factor into any restaurant or restaurant group’s success in tomorrow’s online world are the numbers and demographics of just how tourist-traveled your city, town, or region is going forward.

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The Frightful Five: Fake Apps And Hubcaps

PYMNTS

Meanwhile, in America, Amazon has reportedly slashed the number of open positions at its Seattle headquarters and is even talking about a hiring freeze leading up to major capital expenditures on its forthcoming second headquarters in a city TBD. The social media giant is once again taking on Snapchat in a quest to win over younger users.

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Game-Changing Tech Or Dystopian Nightmare? How 16 Industries Could Be Transformed By Facial Recognition

CB Insights

The university was granted a patent around “hallucinating facial features” — a method to help law enforcement agencies identify masked suspects by reconstructing a full face when only the periocular region of the face is captured. Facial recognition, along with AR, is also making brands data rich — especially beauty brands.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

New restaurant concepts are redefining how we think about food, pushing established brands to reinvent themselves, spurring entrepreneurs to be creative with visual platforms like Instagram and recipes like pea-based protein, and paving a new way forward for the idea of casual dining itself. Americans dine out more than ever before.

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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Social media is also helping campers discover new places to visit, then share their experiences with others: 30% of millennials said that they picked a camping spot after seeing someone else go there. As with many industries in today’s information economy, millennial travel trends are strongly influenced by social media.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Meanwhile, brands that were already virtual-first have seen dramatic increases in adoption during the crisis. Sales of the interactive at-home fitness brand Mirror doubled in the weeks following Covid-19’s arrival in the US. The average number of daily sign-ups for workout streaming platform NEOU grew 600% in one week.

Industry 101