The neobank’s massive capital raise could give it the resources to expand in Latin America and beyond—and its recent hires suggest it plans to do just that.
Wells Fargo challenges top dogs with new credit card suite: It’s rolling out several Visa cards through 2022, with the first launch set for next month—a direct challenge to fellow banking giants and a sign of its confidence in its restructuring measures.
The funds come amid strong revenue growth, and the digital ID solution provider hired a new chief revenue officer who already took another company public.
Walmart is bundling low-cost prescription ordering with its Walmart+ services, going toe-to-toe with Amazon’s PillPack—here’s what it means for digital pharmacy entrants like Truepill.
Facebook foregoes creator fees until 2023: The platform is delaying taking a cut of subscription and tip revenues, which will help it attract more creators from competing platforms toward its new offerings.
he US tech giant won’t offer its VPN-like feature in China despite its stated commitment to user privacy. This Janus-face approach to privacy risks creating an intractable privacy paradox in China, one of its fastest-growing markets.
NBCU charges full steam ahead on Olympics: The network's 7,000 planned hours of programming are aimed at overcoming sponsor hesitation and recouping the $1.25 billion in ad spend it secured for the original 2020 games.
Decreased data storage costs and booming data generation may lead the global AI industry to be worth nearly $1T by 2028. By the end of the decade, AI will become essential for numerous industries.
Pinterest gets a Shopping List: The new feature strengthens Pinterest's lower-funnel capabilities, a key ingredient for its social commerce ambitions.
Keep on streaming: People plan to maintain the number of streaming services they use even after the pandemic—but to do so, many will likely turn to ad-supported options.
Creator Week: Instagram is holding a virtual event series for creators of all creeds today through Thursday as it works to help them grow, monetize, and stay on its platform.
Push notifications push away users
But financing directly from its balance sheet may prove harder to scale than using investors via a marketplace, like Pipe.