TiVo at this year's CES show in Las Vegas unveiled a new low-cost device that would compete directly against the likes of Roku and Apple TV, marking a pivot to what the company says is its future.
Why it matters: When TiVo debuted its iconic digital video recorder 21 years ago at this very same gadget trade show, recording video and skipping commercials marked a revolution in consumer control over how and when to watch TV. But things have greatly changed since then.
NowThis, the millennial social video media outlet that's part of Group Nine Media, will announce Tuesday the launch of NowThis Impact, a new editorial division that covers social issues and is underwritten by non-profits and philanthropic organizations, including launch partner Emerson Collective.
Why it matters: Underwriting editorial content is becoming a bigger trend as more philanthropy and non-profit money floods into journalism.
In contrast to the blowout returns of their U.S. counterparts last year, European banks delivered uninspired returns to investors.
What happened: U.S. banks like Citigroup and JPMorgan drove a 32% return for the S&P financial sector, slightly edging the S&P 500's 31% rise. Europe’s bank stocks index ended 2019 up 8%, but trailed the broader European Stoxx 600, which rose 23%.
AT&T's advertising division Xandr is preparing to further integrate its advertising and data operations with WarnerMedia's advertising and data operations this year, Xandr CEO Brian Lesser said in an exclusive interview with Axios at CES in Las Vegas.
Why it matters: Lesser says that the integration is a necessary step in realizing the full value of AT&T's recent acquisitions of Time Warner and AppNexus, and that combining the brands is a top priority for 2020.
The continued decline in prices paid by manufacturers could be a major impediment to European policymakers' desire for higher inflation in the eurozone, and data released Monday shows things are not improving.
What happened: The producer price index for the eurozone fell for the fourth straight month in November.
One Medical has filed paperwork to go public, and the growing chain of physician offices has made it clear to prospective investors that large, dominant hospital systems are becoming a lot more crucial to its business.
The bottom line: "Our growth depends on maintaining existing, and developing new, strategic affiliations with health network partners," One Medical executives wrote in their IPO filing.
Despite the fact that Netflix led all other tech companies and entertainment studios in Golden Globe nominations for TV and film, the tech giant was largely beaten out by traditional content companies on Sunday.
Why it matters: The evening served as a pushback from traditional Hollywood against the new tech companies that are encroaching on its turf.
Given the way S&P 500 earnings have beaten estimates over the past few years it is likely the index will report earnings growth in the fourth quarter — the first and only quarter of growth last year.
Between the lines: John Butters, FactSet's senior earnings analyst, said in a note that on average nearly three-quarters of S&P 500 companies' actual earnings have exceeded estimates by about 5%.
The IHS Markit and ISM manufacturing indexes diverged sharply again in December, with ISM's gauge showing the worst manufacturing report in a decade and Markit's showing a solid reading well above 50, which is the line separating expansion from contraction.
What's happening: One reason for this divergence, highlighted by IHS Markit's chief business economist Chris Williamson in a recent blog, may be that IHS explicitly tells respondents to "confine their reporting to US facilities/factories."
U.S. farmers have been given a bit of a lifeline by the "phase one" U.S.-China trade deal, but without concrete specifics on what China will purchase there remains some worry about how they will be able to support themselves and their farms in 2020.
Background: Farmers had a rough 2019, even with a hefty subsidy package provided to them by the Trump administration as relief from the trade war.
