Each week on the ‘Weekly Rundown’ segment, we highlight stories that were interesting, notable across business and technology. In Episode 045 we highlight stories from Microsoft, Amazon, Shopping on Instagram, ClipChamp, Conde Nast, and Apple.
Stream and Download the Episode Below
Story-1:: Microsoft Bets on Video with Clipchamp
Overview: Clipchamp Teams is a new functionality created to help you and your collaborators work on video projects together. Now, you can create a team, invite members and edit video projects in Clipchamp.
Why It Matters: PowerPoint is boring most of the time, video is a better means to tell a story in a short amount of time. So it is no surprise that MS is betting on Video with acquisitions like Clipchamp. Beyond just moving from video, everyone is recording TEAMS videos, now you can transform them into short videos to share with others!
Clipchamp also has toolkits ad templates that make creating video easy. Check out their overview on how to make videos for Spotify Podcasts.
Story-2:: The content you care about, simplified and reinvented. Introducing Microsoft Start
Overview: Microsoft today is introducing its own personalized news reading experience called Microsoft Start, available as both a website and mobile app, in addition to being integrated with other Microsoft products, including Windows 10 and 11 and its Microsoft Edge web browser
Why It Matters: So one part home page, one part news feed (think Flipboard), one part MS getting more and more insights into who you are and what you care about.
Story-3:: Spend Via Social Just Got Easier
Overview: The pandemic has seen Instagram rise to the top of the social media platforms pyramid with activity and the user base spreading all across the globe rising to around one billion active users at a time.
Why It Matters: To increase the digital market activity across the platform, IG has activated a Live Shopping Event trial to have key individuals advertise retail and sale products and services across the app on live stream and connect to the audience. So why? Well, why not. You are on the platform, you are going to see things you like that people are wearing on the platform, why not combine both and make it easier on everyone.
Vowel is a video conferencing tool that actually makes meetings better. Plan, host, transcribe, search, and share your meetings.
“In 2017, Harvard Business Review reported that executives spent 23 hours in meetings each week. Berman now estimates that the average worker spends half of their time each week in meetings.”
Why It Matters: “Death by Meetings” favorite quote I heard from the Vowel management team virtual meeting platform Vowel raises $13.5M, aims to cure meeting fatigue
The feature I thought was the most important was Tagging and Action Items. Both these two things are a pain to manage during and after the meeting.
Story-5:: Just Walk Out
Overview: Just walkout is the concept that Amazon made with their Go Stores. Now they are taking that tech to their big-box Whole Food Stores.
“By collaborating with Amazon to introduce Just Walk Out shopping at these two Whole Foods Market stores, our customers will be able to… save time by skipping the checkout line”
Why It Matters: Unions have stated that Amazon’s cashierless tech will cost workers jobs. Amazon said the new Whole Foods locations will “employ a comparable number of team members as existing Whole Foods stores of similar sizes.” Rather, employees will be able to “spend even more time interacting with customers and delivering a great shopping experience,” Amazon said in a press release.
Story-6:: Conde Nast - Looks to Modernize
Overview: The goal, in short, is modernization — to be a more 21st-century media company, and a more community-minded one as well. We’ve already made the shift from a legacy magazine publisher to a multiplatform digitally-led media company — but we now want to be even more agile, and more open and connected in our thinking.
“Storytelling has the ability to move people, provoke conversation, and indelibly impact our culture on a global scale, which creates a responsibility that is particularly pivotal today”
To be sure, our titles have long had a global reach, and a global readership, but now we want to shift our way of working to reflect that — to be as global as the audiences we’re attracting. Curiosity and creativity is driving us as much as any business strategy. We believe that community and connectedness — a kind of transparency and unity of purpose — will inspire the best ideas.
“The premium brands of Condé Nast have always inspired me, allowing me access to new vantage points and a vision of what is possible. I’m excited to work with Roger, the editors, and the great teams to continue building on the company’s incredible legacy, and expanding its remarkable content across all platforms.”
Why It Matters: Learning about this transition via my GQ magazine subscription, I dug a little deeper and if you are at Conde Nast, this makes total sense. They have a massive amount of content and the fact that they were not efficiently sharing it across platforms and in specific properties like GQ were heavily duplicating efforts seems inefficient, and the fact that why have brought someone like Agnes Chu from the Disney/Disney+ team to help to streamline and modernize the organization.
Story-7:: Let there be new iPhone
Overview: Invites just went for Apple’s next big event, scheduled for 10 AM PT/1PM ET on September 14. The invite doesn’t offer a lot in the way of what’s to come — it’s a neon logo set against a lovely sierras backdrop and an apparent The Mamas & the Papas reference in the form of “California Streaming.” Beats CaliforniPhoneication, I suppose. As the name implies, the event will — once again — be all virtual, no doubt owing to various variants.
Why It Matters: We are likely going to see a new iPhone, the question will be twofold. What else are they going to roll out? The second major question, is going to be any major supply chain issues that they call out. I will also note, I am a Sonos user, but have been wanting to check out the Home Pod Mini and am hoping they drop a v2 or have some holiday promotional pricing.