Winners: Social media firms that act like businesses. Losers: Social media firms that are products posing as businesses. Facebook’s profitability continues to soar, while Pinterest is headed for a rude awakening…and Scott is headed for the psych ward.
A continued winner: Starbucks. Enrollment in the brand’s loyalty program surged this year despite widely publicized changes to how rewards points are awarded, and the brand boasts the 23rd most-used mobile app in the U.S.
A winner: The top 20%. We hear a lot about the top 1%, but the top 20% is also increasingly isolated geographically, socially, and politically.
We take a moment to remember Prince.