Instagram Shoppable Photos | Crunch Report

TL;DR

Instagram introduces shoppable tags for retail brands, Google launches Tango augmented reality system, mobile internet usage surpasses desktop, Sony reports profit drop, will.i.am releases fashion-inspired headphones.

Transcript

instagram shoppable photos are a thing google finally launches tengo a our mobile kills the desktop star and more it's tuesday november first and this is crunch report it feels good to be back did you miss me because i sure missed you all so it's episode 400 it hey and 400 episodes of crunch report thank you guys a ton for watching and everyone who... Read More

Key Insights

• 💗 Instagram's introduction of shoppable tags highlights the growing trend of seamless shopping experiences within social media platforms.
• 🛀 Google's launch of Tango shows progress in the development of augmented reality technology, which may have more potential than virtual reality.
• 📱 The shift towards mobile internet usage over desktop reflects the increasing popularity and accessibility of smartphones.
• 📱 Sony's profit drop in its mobile business indicates the challenges faced by smartphone manufacturers in a highly competitive market.
• 🎧 will.i.am's fashion-inspired headphones demonstrate the desire for personalized and customizable technology products.
• 👶 Emerging markets like India contribute significantly to the growth of mobile internet usage and present new opportunities for businesses.
• 👨‍💼 The music and pictures business remains a bright spot for Sony, showing increased profit in a challenging overall market.

Questions & Answers

Q: How will Instagram's shoppable tags work?

Instagram will show shoppable tags on photos from retail brands, allowing users to tap on the tags to view product details and make purchases within the app.

Q: What can users do with Google's Tango augmented reality system?

Google's Tango allows users to interact with augmented reality in 3D space on their smartphones, such as playing games and painting zombies.

Q: How significant is the shift to mobile internet usage surpassing desktop browsing?

This shift marks a major milestone, indicating that mobile devices have become the primary platform for browsing the internet, especially in emerging markets like India.

Q: What factors contributed to Sony's profit drop?

Sony attributes the profit drop to the strong performance of the Japanese yen, fallout from the Kumamoto earthquake, and corporate restructuring efforts.

Summary & Key Takeaways

• Instagram is rolling out shoppable tags on photos from 20 retail brands, allowing users to view product details and make purchases within the app.

• Google has officially launched Tango, their smartphone augmented reality system, starting with the Lenovo Fab 2 Pro.

• Mobile internet usage has exceeded desktop browsing for the first time ever, with emerging markets like India showing a large majority of mobile browsing.

• Sony reported an 86% year-over-year profit drop, attributing it to factors such as the strong performance of the Japanese yen and the Kumamoto earthquake.

• will.i.am has introduced the I am Buttons, fashion-inspired headphones that can match outfits, challenging the notion that technology shouldn't be customizable.