Kroo’s new banking license comes with limits: The fintech that aspires to be a banking challenger is now credentialed by the Bank of England and will operate during a restricted transition. The license gives the company product flexibility—and a shot at competing with UK neobanks.
Brex’s $50M Weav deal gives it new tech to deploy future products: The neobank’s acquisition of the API provider enables it to promote new offerings to its business customers—paving the way to make a play for their loyalty.
Twitter and other tech giants face corporate culture rifts: Reports of employee dissatisfaction at Twitter follow similar news from other major players, all during a tightening market for knowledge workers.
Neustar unveils tool to help brands minimize risk of third-party data loss: Given the delayed deprecation of third-party cookies, it remains to be seen whether marketers will hop on the opportunity or drag their feet.
A group of the country’s large banking players is hammering out a deal to jointly operate branches in underserved areas. If the agreement ends with more shuttered locations, it could prompt a backlash.
Salesforce announces Slack integrations: These are Salesforce’s first major moves with its flagship products since completing its $28 billion acquisition of the messaging platform.
Some hospitals can’t afford to make digital health investments right now: Not-for-profit health system Cone Health poured $12M into a digital diabetes management solution, and then abandoned it—highlighting how digital health investments aren’t feasible for all hospitals and health systems despite their ability to improve patient health.
Verily’s 1st major acquisition signals it’s springboarding its digital clinical research efforts: We unpack how Verily’s SignalPath snap up could complement Google’s other healthcare ventures.
Amazon’s move into podcasts creates the possibility for massive, networkwide deals: The platform’s recent content acquisitions point to how lucrative podcasts are as a vehicle for ads, even during the pandemic.
A small but growing number of remote employees have found ways to secretly work multiple jobs at once. The trend, along with the prospect of prolonged remote work, could amplify the proliferation of remote monitoring software.
Qualcomm is trying to make the case with the creation of a first-of-its-kind 5G-enabled aerial drone platform. 5G connectivity could improve drone technology and increase adoption across numerous industries, but 5G networks themselves require continued buildout for connected drones to really take off.
Retail investors and the investing-curious give Reddit a push: Thanks to January's meme-stock craze, the 16-year-old platform's user growth helped fuel increases in ad revenue, which will help the company dive into international expansion and video.