A new study claims universal broadband access could add $160B to the US economy annually. As one of the first clear estimates of expanded broadband’s economic benefit, the study could help drive support for President Biden’s proposed $65 billion in broadband spending.
The president’s pick for assistant secretary of state for business focuses on the impact of AI financial crises. The move is the latest attempt by the administration to work toward a unified national AI strategy amid rising global competition.
Microsoft could be critical to Google’s fortunes: The tech giant may need to hand over millions of documents in the Department of Justice’s antitrust case against Google.
The pandemic-induced period of record growth for the devices is waning, and despite high demand, production cuts resulting from the global chip shortage means shipments could be in for further decline.
Q2 insurtech funding is the largest on record, but just 15 late-stage deals accounted for two-thirds of the total, putting newcomers at an even steeper disadvantage.
Neobank for startups invites them to become its investors: On the heels of raising $120 million, Mercury is calling on its customers to join its shareholders. This initiative and a matchmaking service it offers for raising funds helps deepen its relationship with users and win over their loyalty.
Zelle’s processed a whopping 436 million transactions worth $120 billion, and as the peer-to-peer payments space expands, it can target small businesses to capture more market share and grow its business.
HSBC users face payday digital-channel outages: Affected customers couldn’t properly access online and mobile banking services on Friday, which included being unable to make payments. The timing of the outages could hurt users’ trust in HSBC.
Monzo’s losses widen while its revenue stays strong: The UK neobank’s annual report reveals a mixed bag of news: Its deposits are soaring, but it’s the subject of a Financial Conduct Authority (FCA) probe. Its results show it’s less volatile than Revolut, but it’s missing Starling’s stability.
eMarketer was pleased to moderate a Tech-Talk Webinar featuring Cvent’s Alyssa Peltier, senior manager, industry solutions. She discussed how marketers can strategically align their business goals and event mix for growth.
These partnerships streamlined Amazon’s returns process
Display ads like banners and graphics, which have historically been less of a priority than search ads for B2B marketers, took up a greater share of US ad spending than ever before in 2020.