Quick Glance: Black Friday Disappoints UK Shoppers
- Sales in cash terms are expected to be on a par with 2022, but prices are higher due to inflation, meaning fewer items will be sold.
- Online activity was flat and footfall at shopping destinations was down by more than 5%.
- Black Friday is no longer a single-day event, but now starts in November and runs for several weeks.
- Some retailers saw a slight uplift, but sales are only expected to increase by 0.4% over last year, according to analysis by GlobalData for Vouchercodes.co.uk.
Quick Glance: Twitter threatens legal action against Meta over new Threads platform
- Twitter notifies Meta CEO Mark Zuckerberg about the strict enforcement of its intellectual property rights in a letter from Twitter lawyer Alex Spiro.
- Elon Musk, Twitter owner, responds to the report, stating: 'Competition is acceptable, cheating is not.'
- Meta launched its new Threads platform during the night of Wednesday.
- Threads is Meta's response to Twitter, providing a platform for sharing text updates and participating in public discussions.
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Quick Glance: Can Apple Succeed in AR and VR with Reality Pro Headset?
- It is highly likely that Apple will reveal its long-awaited Reality Pro headset during the WWDC developer conference in California on Monday.
- Meta is the biggest competitor.
- Meta's last two noteworthy efforts were the Meta Quest 3, revealed earlier this week, and the overpriced Meta Quest Pro, which was a disappointment.
- Apple has always been a refiner, not an inventor or rescuer in AR and VR. The question is whether Apple can succeed in this space.
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