Nov 28, 2017

Why "Cyber Monday" no longer makes sense

Wilfredo Lee / AP

Inexplicably, Cyber Monday is still a thing. And bigger than ever.

Flashback: The invented holiday began in 2005 as a way to cater to online shoppers who used their work computers to order holiday presents.

Our thought bubble: That made some sense in the era where not everyone had a PC at home and many were on dial-up connections. The need for a separate shopping day in an era of ubiquitous smartphones and improved broadband access is far less clear.

That's all the more true in a world where online pioneers like Amazon have physical stores and traditional retailers have Cyber Monday promotions via their online operations.

The numbers: Nonetheless, this year's Cyber Monday was shaping up to be the biggest ever, according to Adobe. The company expects it to be the biggest sales day in history, with an estimated $6.6 billion in spending, up nearly 17% from last year. Of that, smartphones will have accounted for more than $1.6 billion, Adobe estimates.

But, according to Loup Ventures' Gene Munster, many big brands cut down on the discounts they offered.

Go deeper

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 10:30 p.m. ET: 5,494,287 — Total deaths: 346,229 — Total recoveries — 2,31,722Map.
  2. U.S.: Total confirmed cases as of 10:30 p.m. ET: 1,662,302 — Total deaths: 98,218 — Total recoveries: 379,157 — Total tested: 14,604,942Map.
  3. World: Italy reports lowest number of new cases since February — Ireland reports no new coronavirus deaths on Monday for the first time since March 21 — WHO suspends trial of hydroxychloroquine over safety concerns.
  4. 2020: Trump threatens to move Republican convention from North Carolina — Joe Biden makes first public appearance in two months.
  5. Public health: Officials are urging Americans to wear masks over Memorial Day.
  6. Economy: New York stock exchange to reopen its floor on Tuesday — White House economic adviser Kevin Hassett says it's possible the unemployment rate could still be in double digits by November's election — Charities refocus their efforts to fill gaps left by government.
  7. What should I do? Hydroxychloroquine questions answeredTraveling, asthma, dishes, disinfectants and being contagiousMasks, lending books and self-isolatingExercise, laundry, what counts as soap — Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingHow to minimize your risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it, the right mask to wear.

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Updated 12 mins ago - Politics & Policy

Pro-Hong Kong resolution at British university fails after Chinese student opposition

A protester waves the Hong Kong colonial flag during a July 2019 demonstration against the extradition law to China. Photo: Ivan Abreu/SOPA Images/LightRocket via Getty Images

A student resolution expressing support for the Hong Kong pro-democracy movement was voted down at the University of Warwick in England, after opposition from mainland Chinese students.

Why it matters: The charged politics of China's actions in Hong Kong are spilling over to university campuses thousands of miles away, raising questions for students and university administrators about how to protect democratic values.

U.S. coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios. This graphic includes "probable deaths" that New York City began reporting on April 14.

California announced Monday that places of worship and retailers can reopen statewide if they maintain strict measures and meet certain other conditions.

Zoom in: The state health department said in new guidance attendance for churches and other places of worship must have approval from county health officials to reopen and cap attendance at 25% of the building's capacity or no more than 100 people. In-store retail can resume statewide.