The emerging world of the metaverse and digital twinning (see 2210190017) will require more powerful networks, though how much more powerful is an open question, said Nokia CEO Pekka Lundmark at the Nokia and New York University Brooklyn 6G Summit Tuesday. The metaverse has been defined as the ability to render 3D virtual worlds in real time, with an unlimited number of users able to experience them at the same time, he said.

Shipping volume will peak later in December vs. 2021 as consumers return more to pre-COVID-19 pandemic “shopping behaviors,” said UPS CEO Carol Tome on a Tuesday earnings call. Q3 revenue grew 4.2% to $24.2 billion: U.S. revenue grew 8.2% on a 9.8% increase in revenue per piece.

A draft NPRM on proposals to increase cybersecurity requirements for wireless emergency alert and emergency alert system participants is expected to be unanimously approved at Thursday’s FCC commissioners' meeting, with few changes from the draft version, industry and FCC officials told us. The item seeks comment on proposals including cyberattack reporting rules and requirements that participants certify cybersecurity plans. No changes have been made so far, though a few tweaks are possible before the vote, officials said. Experts said they expect the agency to take likely costs of any new rules into consideration.

Logitech sales dropped 12% in Q2 FY ’23, 7% in constant currency, to $1.15 billion, reflecting a “challenging macroeconomic environment," the company reported Monday. Operating income dropped 29% year on year to $127 million for the quarter ended Sept. 30.

A draft notice of inquiry exploring the future of 13 GHz spectrum is expected to be approved Thursday largely as circulated by Chairwoman Jessica Rosenworcel (see 2210060062). Only CTIA filed comments in 22-352, the docket created for the proceeding. FCC officials said outreach to the commission and discussion of the item among the offices have been minimal, which they said is typical for an NOI.

After “massive growth" in adoption of residential internet during the COVID-19 pandemic, U.S. broadband growth slowed in 2022 as the “low-hanging fruit has already been picked,” said Parks Associates analyst Kristen Hanich on a Connections webcast last week. Broadband penetration increased 5 percentage points -- 12 million homes -- since 2019, when pandemic-driven shifts required workers and students to work from home.

AV receiver shortages that plagued the custom installation channel have started to ease, but supply chain issues remain for processors and control products, Home Theater Specialists of America Executive Director Jon Robbins told us last week. “It depends on the category,” Robbins said of supply: “There are some categories that were challenged 60, 90, 120 days ago that are not nearly as challenged as they were." AVRs “were critical,” he said, and the category is “flat to slightly up” for the year, he said.

The Cyber Five shopping days -- Thanksgiving through Cyber Monday -- are still tentpole holiday season sales days, but early shopping events in October are eroding their share, said eMarketer analyst Andrew Lipsman on a holiday season trends webinar Thursday. 2022 was the third year of October deals events -- with Walmart and Target joining Amazon in kicking off the holiday season before Halloween -- and “it’s starting to become entrenched with the consumer," Lipsman said.

Verizon took a hit on Wall Street Friday after announcing the loss of 189,000 wireless consumer postpaid phone customers Q3, partially as a result of raising prices. Consumer wireless postpaid churn was 1.1%. Verizon’s share price was down as much as 6% and closed down 4.46% at $35.35. Chief Financial Officer Matt Ellis warned that pricing pressure would continue into Q4.

Regulators and lawmakers need to create a more friendly regulatory environment for broadcasters if they want to preserve local journalism and continue living in a democracy, said Hearst Television President Jordan Wertlieb and E.W. Scripps CEO Adam Symson at NAB New York Wednesday. Panels at the event also touched on cybercrime, the advertising market and ATSC 3.0.