STATISTA
Instagram’s 90-minute video bet could soon take it into direct confrontation with YouTube
Instagram is testing videos of up to 90 minutes with select creators in the US and Brazil as it looks to expand beyond short-form content and compete with YouTube and OTT platforms for viewers and advertising budgets. The move could bring podcasts, comedy specials and episodic shows to the platform, with creators using Reels to attract viewers to longer videos. Instagram is also working on a TV version of Reels to tap into connected TV (CTV) audiences. No India launch timeline has been announced.
Is Election Day 2026 a federal holiday in the US? These states give workers a day off on November 3
Is election day a federal holiday? Election Day 2026 falls on November 3, but Americans will not get a nationwide day off as it is not a federal holiday. Here's why Congress has never made it a federal holiday, which states observe it as a holiday and what workers need to know about voting leave.
Not Jordan, not Magic: The NBA player who built a $600 million fortune with burgers, Coca-Cola bottling plants and smart business bets
Never an All-Star, never paid above $350,000 a year, Junior Bridgeman still became a billionaire. After retiring in 1987, he bought a Wendy’s franchise, having studied it during off-seasons. Coca-Cola bottling, Ebony and Jet magazines and a Bucks stake followed. Forbes valued him at $1.4 billion before he died in 2025.
In 1951, two Phillips Petroleum chemists discovered plastics that later found uses in everyday products; US production reached 136 billion pounds in 2025
In 1951, an intriguing twist of fate brought Robert Banks and Paul Hogan to Bartlesville, Oklahoma, where they stumbled upon significant plastics. Although their creation faced hurdles in initial market uptake, the 1956 Hula-Hoop phenomenon ignited interest. The medical field soon embraced high-density polyethylene for baby bottles, recognizing its cleanliness.
Almost 3 in 10 Americans say they can’t afford a holiday, new surveys show
Many Americans are finding travel too costly in 2025. New surveys show rising prices and economic pressure are changing vacation plans. Some people are choosing staycations or short trips to save money. Others still see travel as important, even with higher costs. The reports highlight growing money worries about holidays.
Half an hour for 10 km: Pune, Bengaluru commuters waste nearly a week in traffic annually; IT cities rank slowest in Asia
Bengaluru and Pune are listed as the worst cities for traffic congestion in Asia. An average driver spends over 28 minutes to cover 10 km in Bengaluru. The Bengaluru Traffic Police have launched a new user-friendly website. It offers tools for traffic management, enforcement, and road safety, with real-time updates and route suggestions.
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Is China plotting Lunar domination with its space mission? Here's what NASA says
China's ambitions to claim the lunar territory as theirs are slowly on the rise, according to NASA officials as it reportedly increased its spending on space projects.
Masks are still being worn by some individuals—but not for health reasons
A remnant of the Covid-19 era, masks are being worn by some individuals not only for health reasons but also for the sake of privacy. The demand for masks has dropped significantly after Covid. A Statista Consumer Market Insights report reveals that in 2021, about 402 billion masks were sold worldwide, compared with an estimated 23 billion in 2023.
Booking.com reveals what's in the mind of Indian accommodation providers
According to the survey results, when it comes to the consumer spending trends observed by hoteliers in India, they’ve reported that more than two-thirds of guests (67%) are booking shorter stays, closely followed by 66% who are booking further in advance.
German advertising group Stroeer considers options for 2024 sale of data business Statista
Statista is viewed as non-core because the rest of Stroeer operates out-of-home advertising, online advertising and billboards across Germany. A sale would allow Stroeer to take advantage of high multiples in the sector, the sources said.
Magicpin plans to have 20,000 fashion stores on its platform by year-end: CEO Anshoo Sharma
The company has onboarded brands like Puma, Titan World, Wildcraft, United Colors of Benetton, Levi's, Lifestyle, Pantaloons, Max Fashion and Van Heusen, among others, Sharma said.
Magicpin added 10,000 fashion stores in a year
Major brands including Puma, Titan World, Wildcraft, United Colors of Benetton, Levi’s, Lifestyle, Pantaloons, Being Human, Pepe Jeans, Jack & Jones, ONLY, Max Fashion, Van Heusen, Liberty, Blackberry have joined the platform in the last 12 months.
Taxi startup BluSmart picks EV fight with Uber
Indian ride-hailing startup BluSmart is challenging Uber and Ola for market share in India with its all-electric taxi fleet and focus on luring passengers and drivers from incumbents. As a new entrant, BluSmart is focused on beating incumbent competitors on electrification, cleanliness and reliability through direct management of its fleet and drivers. BluSmart's electric taxis accounted for 80% of the 2,750 newly registered taxis in Delhi between January and October 2012. BluSmart is planning to grow its fleet to 14,000 taxis next year and 100,000 in five years, expanding to four additional cities.
Global ecommerce sales to drop for the first time in history: report
In a first, global e-commerce revenues are forecast to shrink this year due to supply chain issues and rising inflation, and industry is expected to generate $3.74 trillion in sales this year, $95 billion less than in 2021, a report showed on Thursday.
Everyone is invited to the NFT party, but young, high net-worth crypto investors top the list
What buyers of NFT—a digital item, be it a pixellated image or a gif, that is stored in a blockchain—are looking for is difficult to say, according to experts, primarily because it’s a rapidly evolving market.
Truemeds raises $5 million in funding led by InfoEdge Ventures
InfoEdge had invested also in the seed round of the startup
Watch out, Apple & Spotify! Amazon cranks up its music service with podcasts, original shows
The podcasts are included in Amazon's streaming service in the US, Britain, Germany and Japan.
Speciality Restaurants sets up new entity Speciality Kitchens; to sweat assets for better profitability
“Being a multi-brand company with fully equipped kitchens, it was an opportunity for us to sweat our assets and make optimum utilisation by operating them as cloud kitchens serving multiple cuisines,” Speciality Restaurants chairman Anjan Chatterjee told ET.
Cybersecurity startup Lucideus raises $7 million
The startup, founded in 2012 and based in Palo Alto, is backed by John Chambers, the former chairman and CEO of networking gear maker Cisco.
Global Twitter outage causes disruptions in India
"You might have had trouble tweeting, getting notifications, or viewing direct messages. We are currently working on a fix and should be back to normal soon," the company stated.
Infosys is world's third Best Regarded Company
Infosys jumped to the third spot from 31st position in 2018. "Infosys' leading position headlined an Asian invasion in the rankings," Forbes said.
India Inc's true champions get ready to grab the spotlight
A young, upwardly mobile India seeks growth and change, and we believe that India can build shared prosperity for its 1.25 billion citizens by transforming t...
The Facebook war room that battles fakes in poll season
As the country goes to polls, Facebook ropes in experts to keep an eye on election posts.
Many miss social media moments as FB battles outage
Facebook turned to its rival social media company Twitter to explain that its group of hugely popular apps were having difficulties.
House panel’s summons to Twitter may not hurt revenues: Experts
Twitter had 30.4 million active users in India last year, according to Statista.
Facebook doubles legal, advertising spend in India
For 2017-18, Facebook India’s advertising and promotional spends went up by as much as 122% to Rs 94 crore, while its legal department saw costs shooting up by around 85% to Rs 78 crore.
India asks Facebook for update on breach impact
In this latest instance, Facebook has claimed that certain accounts have been affected but not compromised, the official said.
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