Thanksgiving on track for a record $6B in US online sales, says Adobe

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As people prepare and eat their Thanksgiving meals, or just “work” on relaxing for the day, some consumers are going online to get a jump on holiday shopping deals. Adobe, which is following online sales in real time at 80 of the top 100 retailers in the US, covering some 100 million SKUs, says that initial figures indicate that we are on track to break $6 billion in e-commerce sales for Thanksgiving Day. Overall, it believes consumers will spend $189.1 billion shopping online this year.

To put that figure into some context, the overall holiday sales season represents a 33.1% jump on 2019. And last year Adobe said shoppers spent $4.2 billion online on Thanksgiving: this years’s numbers represent a jump of 42.3%. And leading up to today, each day this week had sales of more than $3 billion.

What’s going on? The figures are a hopefully encouraging sign that despite some of the economic declines of 2020 caused by the Covid-19 pandemic, retailers will at least be able to make up for some of their losses in the next couple of months, traditionally the most important period for sales.

As we have been reporting over the last several months, overall, 2020 has been a high watermark year for e-commerce, with the bigger trend of more browsing and shopping online — which has been growing for years — getting a notable boost from the Covid-19 pandemic.

The push for more social distancing to slow the spread of the coronavirus has driven many to stay away from crowded places like stores, and it has forced us to stay at home, where we have turned to the internet to get things done.

These trends are not only seeing those already familiar with online shopping spending more. It’s also introducing a new category of shoppers to that platform. Adobe said that so far this week, 9% of all sales have been “generated by net new customers as traditional brick-and-mortar shoppers turn online to complete transactions in light of shop closures and efforts to avoid virus transmission through in-person contact.”

Black Friday, the day after Thanksgiving, has traditionally been marked as the start of holiday shopping, but the growth of e-commerce has given more prominence to Thanksgiving Day, when physical stores are closed and many of us are milling about the house possibly with not much to do. This year seems to be following through on that trend.

“Families have many traditions during the holidays. Travel restrictions, stay-at-home orders and fear of spreading the virus are, however, preventing Americans from enjoying so many of them. Shopping online is one festive habit that can be maintained online and sales figures are showcasing that gifting remains a much beloved tradition this year,” said Taylor Schreiner, Director, Adobe Digital Insights, in a statement.

(That’s not to say that Black Friday won’t be big: Adobe predicts that it will break $10.3 billion in sales online this year.)

Some drilling down into what is selling:

Adobe said that board games and other categories that “bring the focus on family” are seeing a strong surge, with sales up five times over last year.

Similarly — in keeping with how much we are all shopping for groceries online now — grocery sales in the last week were up a whopping 596% compared to October, as people stocked up for the long weekend (whether or not, it seems, it was being spent with family).

Other top items include Hyrule Warriors: Age of Calamity, Just Dance 2021, as well as vTech toys and Rainbow High Dolls.

Amazon’s announcement this week that it would be offering more options for delivery this season speaks to how e-commerce is growing beyond simple home delivery, and how this has become a key part of how retailers are differentiating their businesses from each other. Curbside pickup has grown by 116% over last year this week, and expedited shipping is up 49%. 

Smartphones are going to figure strong once more too. Adobe said $25.5 billion has been spent via smartphones in November to date (up 48% over 2019), accounting for 38.6% of all e-commerce sales.

In the US big retailers continue to dominate how people shop, with the likes of Walmart, Target Amazon and others pulling in more than $1 billion in revenue annually collectively seeing their sales go up 147% since October. Part of the reason: more sophisticated websites, with conversion rates 100% higher than those of smaller businesses. (That leaves a big opening for companies that can build tools to help smaller businesses compete better on this front.)

November 27th 2020 Uncategorized

AstraZeneca says it will likely do another study of COVID-19 vaccine after accidental lower dose shows higher efficacy

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AstraZeneca’s CEO told Bloomberg that the pharmaceutical company will likely conduct another global trial of the effectiveness of its COVID-19 vaccine trial, following the disclosure that the more effective dosage in the existing Phase 3 clinical trial was actually administered by accident. AstraZeneca and its partner the University of Oxford reported interim results that showed 62% efficacy for a full two-dose regimen, and a 90% efficacy rate for a half-dose followed by a full dose – which the scientists developing the drug later acknowledged was actually just an accidental administration of what was supposed to be two full doses.

To be clear, this shouldn’t dampen anyone’s optimism about the Oxford/AstraZeneca vaccine. The results are still very promising, and an additional trial is being done only to ensure that what was seen as a result of the accidental half-dosage is actually borne out when the vaccine is administered that way intentionally. That said, this could extend the amount of time that it takes for the Oxford vaccine to be approved in the U.S., since this will proceed ahead of a planned U.S. trial that would be required for the FDA to approve it for use domestically.

The Oxford vaccine’s rollout to the rest of the world likely won’t be affected, according to AstraZeneca’s CEO, since the studies that have been conducted, including safety data, are already in place from participants around the world outside of the U.S.

While vaccine candidates from Moderna and Pfizer have also shown very strong efficacy in early Phase 3 data, hopes are riding high on the AstraZeneca version because it relies on a different technology, can be stored and transported at standard refrigerator temperatures rather than frozen, and costs just a fraction per dose compared to the other two leading vaccines in development.

That makes it an incredibly valuable resource for global inoculation programs, including distribution where cost and transportation infrastructures are major concerns.

November 27th 2020 Uncategorized

Bigblue wants to automate e-commerce fulfillment in Europe

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Meet Bigblue, a French startup that just raised a $3.6 million seed round (€3 million) to build an end-to-end fulfillment solution in Europe. If you sell products on your own website and across multiple marketplaces, you can use Bigblue to handle everything that happens after a transaction.

Bigblue doesn’t try to reinvent the wheel. Instead, it partners with existing logistics companies so that you only have to manage one relationship with Bigblue. It means that Bigblue works with several fulfillment centers to store your products as well as multiple shipping carriers.

Essentially, Bigblue lets you improve the experience for your customers. When you start using Bigblue, you send your products to a fulfillment center and you integrate Bigblue with your online stores. The startup has integrations with Shopify, WooCommerce, Magento, Wix Store, Prestashop, Fastmag and Amazon’s marketplace.

When a client orders a product from you, it is packed and shipped directly from the fulfillment center to your customers. Bigblue customers pay a flat fee per order and don’t have to deal with anything. Some packages might be delivered through DHL, others might be sent out using Chronopost, etc. It is completely transparent as Bigblue chooses the right carrier for you.

The startup also gives you more visibility into your shipping process. Retailers get an overview of their operations and can see the inventory from Bigblue’s interface. Clients receive branded delivery emails.

While it’s hard to build a good logistics network if you’re a small e-commerce company, Bigblue lets you compete more directly with Amazon big e-commerce websites. You can level up the customer experience without putting together an in-house logistics team.

Samaipata is leading today’s funding round. Bpifrance is contributing to the round. Plug and Play, Clément Benoit, Thibaud Elziere and Olivier Bonnet are also investing.

With the new influx of funding, the startup plans to hire 50 people and improve its product. You can expect more integrations with e-commerce platforms, ERPs and marketplaces. Bigblue is also going to build out its own shipment tracking pages and email personalization toolkit. The company will also improve product returns and delivery ETAs.

November 27th 2020 Uncategorized

Foxconn could move some iPad and MacBook production to Vietnam

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Following a request from Apple, Foxconn could be shifting production out of China for some iPad and MacBook models according to a report from Reuters. The new assembly lines would be based in Vietnam.

As a recent investigation from The Information highlighted, both companies are intrinsically connected. The Taiwanese manufacturer is Apple’s main production partner. Apple is also Foxconn’s main client. When it comes to raw numbers, Foxconn is making 60% to 70% of iPhones, Apple’s main product.

Over the past few years, Apple has tried to diversify its supply chain in two major ways. First, Apple is trying to work with other manufacturing companies, such as Luxshare Precision Industry and Wistron.

Second, Apple is trying to manufacture its products in different countries. New tariffs and import restrictions have made that issue more pressing.

According to Reuters, Apple asked Foxconn to move some iPad and MacBook assembly to Vietnam. The assembly line should be operating at some point during the first half of 2021.

In addition to Vietnam, Foxconn also produces iPhone 11 devices in a plant near Chennai, India. Wistron also assembles iPhone models in India. Foxconn has also manufactured some iPhone models in Brazil.

November 27th 2020 apple

Steve Carell is an overbearing, stress-eating, work-from-home Santa in Xfinity’s holiday ad

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Goodby Silverstein & Partners’ short film runs during NBC’s broadcast of Macy’s Thanksgiving Day Parade.

November 27th 2020 Uncategorized

US Fertility says patient data was stolen in a ransomware attack

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U.S. Fertility, one of the largest networks of fertility clinics in the United States, has confirmed it was hit by a ransomware attack and that data was taken.

The company was formed in May as a partnership between Shady Grove Fertility, a fertility clinic with dozens of locations across the U.S. east coast, and Amulet Capital Partners, a private equity firm that invests largely in the healthcare space. As a joint venture, U.S. Fertility now claims 55 locations across the U.S., including California.

In a statement, U.S. Fertility said that the hackers “acquired a limited number of files” during the month that they were in its systems, until the ransomware was triggered on September 14. That’s a common technique of data-stealing ransomware, which steals data before encrypting the victim’s network for ransom. Some ransomware groups publish the stolen files on their websites if their ransom demand isn’t paid.

U.S. Fertility said some personal information, like names and addresses, were taken in the attack. Some patients also had their Social Security numbers taken. But the company warned that the attack may have involved protected health information. Under U.S. law, that can include information about a person’s health or medical conditions, like test results and medical records.

A spokesperson did not immediately respond to a request for comment about the incident. (Thursday is a national holiday in the U.S..)

U.S. Fertility didn’t say why it took more than two month to publicly disclose the attack, but said in the notice that its disclosure was not delayed at the request of law enforcement.

This is the latest attack targeting the healthcare sector. In September, one of the largest hospital systems in the U.S., Universal Health Services, was hit by the Ryuk ransomware, forcing some affected emergency rooms to close and to turn patients away. Several other fertility clinics have been attacked by ransomware in recent months.

Read more:

November 27th 2020 security

GDPR enforcement must level up to catch big tech, report warns

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A new report by European consumer protection umbrella group Beuc, reflecting on the barriers to effective cross-border enforcement of the EU’s flagship data protection framework, makes awkward reading for the regional lawmakers and regulators as they seek to shape the next decades of digital oversight across the bloc.

Beuc’s members filed a series of complaints against Google’s use of location data in November 2018 — but some two years on from raising privacy concerns there’s been no resolution of the complaints.

The tech giant continues to make billions in ad revenue, including by processing and monetize Internet users’ location data. Its lead data protection supervisor, under GDPR’s one-stop-shop mechanism for dealing with cross-border complaints, Ireland’s Data Protection Commission (DPC), did finally open an investigation in February this year.

But it could still be years before Google faces any regulatory action in Europe related to its location tracking.

This is because Ireland’s DPC has yet to issue any cross-border GDPR decisions, some 2.5 years after the regulation started being applied. (Although, as we reported recently, a case related to a Twitter data breach is inching towards a result in the coming days.)

By contrast, France’s data watchdog, the CNIL, was able to complete a GDPR investigation into the transparency of Google’s data processing in much quicker order last year.

This summer French courts also confirmed the $57M fine it issued, slapping down Google’s appeal.

But the case predated Google coming under the jurisdiction of the DPC. And Ireland’s data regulator has to deal with a disproportionate number of multinational tech companies, given how many have established their EU base in the country.

The DPC has a major backlog of cross-border cases, with more than 20 GDPR probes involving a number of tech companies including Apple, Facebook/WhatsApp and LinkedIn. (Google has also been under investigation in Ireland over its adtech since 2019.)

This week the EU’s internet market commissioner, Thierry Breton, said regional lawmakers are well aware of enforcement “bottlenecks” in the General Data Protection Regulation (GDPR).

He suggested the Commission has learned lessons from this friction — claiming it will ensure similar concerns don’t affect the future working of a regulatory proposal related to data reuse that he was out speaking in public to introduce.

The Commission wants to create standard conditions for rights-respecting reuse of industrial data across the EU, via a new Data Governance Act (DGA), which proposes similar oversight mechanisms as are involved in the EU’s oversight of personal data — including national agencies monitoring compliance and a centralized EU steering body (which they’re planning to call the European Data Innovation Board as a mirror entity to the European Data Protection Board).

The Commission’s ambitious agenda for updating and expanding the EU’s digital rules framework, means criticism of GDPR risks taking the shine off the DGA before the ink has dried on the proposal document — putting pressure on lawmakers to find creative ways to unblock GDPR’s enforcement “bottleneck”. (Creative because national agencies are responsibility for day to day oversight, and Member States are responsible for resourcing DPAs.) 

In an initial GDPR review this summer, the Commission praised the regulation as a “modern and horizontal piece of legislation” and a “global reference point” — claiming it’s served as a point of inspiration for California’s CCPA and other emerging digital privacy frameworks around the world.

But they also conceded GDPR enforcement is lacking.

The best answer to this concern “will be a decision from the Irish data protection authority about important cases”, the EU’s justice commissioner, Didier Reynders, said in June.

Five months later European citizens are still waiting.

Beuc’s report — which it’s called The long and winding road: Two years of the GDPR: A cross-border data protection case from a consumer perspective — details the procedural obstacles its member organizations have faced in seeking to obtain a decision related to the original complaints, which were filed with a variety of DPAs around the EU.

This includes concerns of the Irish DPC making unnecessary “information and admissibility checks”; as well as rejecting complaints brought by an interested organization on the grounds they lack a mandate under Irish law, because it does not allow for third party redress (yet the Dutch consumer organization had filed the complaint under Dutch law which does…).

The report also queries why the DPC chose to open an own volition enquiry into Google’s location data activities (rather than a complaint-led enquiry) — which Beuc says risks a further delay to reaching a decision on the complaints themselves.

It further points out that the DPC’s probe of Google only looks at activity since February 2020 not November 2018 when the complaints were made — meaning there’s a missing chunk of Google’s location data processing that’s not even being investigated yet.

It notes that three of its member organizations involved in the Google complaints had considered applying for a judicial review of the DPC’s decision (NB: others have resorted to that route) — but they decided not to proceed in part because of the significant legal costs it would have entailed.

The report also points out the inherent imbalance of GDPR’s one-stop-shop mechanism shifting the administration of complaints to the location of companies under investigation — arguing they therefore benefit from “easier access to justice” (vs the ordinary consumer faced with undertaking legal proceedings in a different country and (likely) language).

“If the lead authority is in a country with tradition in ‘common law’, like Ireland, things can become even more complex and costly,” Beuc’s report further notes.

Another issue it raises is the overarching one of rights complaints having to fight what it dubs ‘a moving target’ — given well-resourced tech companies can leverage regulatory delays to (superficially) tweak practices, greasing continued abuse with misleading PR campaigns. (Something Beuc accuses Google of doing.)

DPAs must “adapt their enforcement approach to intervene more rapidly and directly”, it concludes.

“Over two years have passed since the GDPR became applicable, we have now reached a turning point. The GDPR must finally show its strength and become a catalyst for urgently needed changes in business practices,” Beuc goes on in a summary of its recommendations. “Our members experience and that of other civil society organisations, reveals a series of obstacles that significantly hamper the effective application of the GDPR and the correct functioning of its enforcement system.

BEUC recommends to the relevant EU and national authorities to make a comprehensive and joint effort to ensure the swift enforcement of the rules and improve the position of data subjects and their representing organisations, particularly in the framework of cross-border enforcement cases.”

We reached out to the Commission and the Irish DPC with questions about the report. But at the time of writing neither had responded. We’ve also asked Google for comment.

Beuc earlier sent a list of eight recommendations for “efficient” GDPR enforcement to the Commission in May.

November 27th 2020 Uncategorized

Equity Dive: Edtech’s 2020 wakeup call

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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines.

This week, we’re doing a first-ever for the show and taking a deep dive into one specific sector: Edtech.

Natasha Mascarenhas has covered education technology since Stanford first closed down classes in the wake of the coronavirus pandemic. In the wake of the historic shuttering of much of the United States’ traditional institutions of education, the sector has formed new unicorns, attracted record-breaking venture capital totals, and most of all, enjoyed time in a long-overdue spotlight.

For this Equity Dive, we zero into one part of that conversation: Edtech’s impact on higher education. We brought together Udacity co-founder and Kitty Hawk CEO Sebastian Thrun, Eschaton founder and college drop-out Ian Dilick, and Cowboy Ventures investor Jomayra Herrera to answer our biggest questions.

Here’s what we got into:

  • How the state of remote school is leading to gap years among students
  • A framework for how to think of higher education’s main three products (including which is most defensible over time)
  • What learnings we can take from this COVID-19 experiment on remote schooling to apply to the future
  • Why ed-tech is flocking to the notion of life-long learning
  • And the reality of who self-paced learning serves — and who it leaves out

And much, much more. If you celebrate, thank you for spending part of your Thanksgiving with the Equity crew. We’re so thankful to have this platform and audience, and it means a ton that y’all tune in each week.

Finally, if you liked this format and want to see more, feel free to tweet us your thoughts or leave us a review on Apple Podcasts. Talk soon!

Equity drops every Monday at 7:00 a.m. PDT and Thursday afternoon as fast as we can get it out, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

November 27th 2020 Uncategorized

Learn How Farmers Produce Ingredients for Your Favourite Thanksgiving Dishes

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Every few years, a new study or news segment comes out demonstrating how kids today are so disconnected from their food, they aren’t able to recognise even the most basic fruits and vegetables. As adults, we (hopefully) are much better at identifying various types of produce, but what about what it looks like before it gets to the grocery store? Even if you regularly shop at farmers’ markets and are used to seeing some dirt on your carrots, there are still several steps required to get to that point.

In an attempt to rectify that — and highlight the important and frequently overlooked work of farm workers — United Farm Workers of America have been providing behind-the-scenes look at the ingredients used in some of our favourite Thanksgiving dishes all week. Here’s how to watch them and which fruits and veggies made the cut.

How to Join a Community Garden

Gardening has always had its fair share of fans, but it’s another example of an activity — like baking, knitting, and doing puzzles — that has taken off even more since the COVID-19 outbreak began. Not only do some people find it relaxin; gardening also has mood-boosting and mental health…

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How to learn where fruits and vegetables come from

On Sunday, November 22nd, the United Farm Workers tweeted a call for requests: “Tell us your favourite Thanksgiving dish, and we’ll share some of what we know about the work behind the ingredients.” And after inviting people to participate, the dishes started coming in hard and fast.

In response, the UFW sent photos and videos with brief explanations, providing some details about the growing and harvesting process. For example, Brussels sprouts grow on a very tough, woody stem, and there are not one, but two ways to harvest cranberries.

Here are some of the fruits and vegetables highlighted:

Cranberries

Potatoes

Brussels sprouts

Green beans

Carrots

Apples (with bonus Dolly Parton reference)

On a day where so many people spend a lot of time cooking — and usually not much time eating — a Thanksgiving meal, taking even a few minutes to learn more about where our food comes from will make you especially thankful for farm workers.

The post Learn How Farmers Produce Ingredients for Your Favourite Thanksgiving Dishes appeared first on Lifehacker Australia.

   

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November 27th 2020 Uncategorized

To Reach Gamers, Advertisers Must Look Beyond Twitch

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While most media companies struggled through 2020, gaming was one sector that experienced a breakthrough. For marketers, the gaming channel went from being the slightly awkward teenage cousin at Thanksgiving to the cool uncle taking the kids on spins around the block in his brand-new sports car in a very short period of time. Speaking…

November 27th 2020 Uncategorized