Two digital health giants consolidate to avoid cannibalization: Microsoft and Teladoc are combining their telehealth and tech capabilities to develop a top-of-the-line virtual care platform. Below, we unpack why it’s a good move.
Roku soars at the upfronts: Advertisers’ upfront spending commitments with the platform doubled from last year, as interest in CTV continues to rise.
Tech companies are ditching legacy industry lobbying firms like the Internet Association in favor of their own individual approach. The shift allows Big Tech firms to target particular legislation that most specifically affects their products or business practices.
Price hike: Disney has raised the cost of ESPN+ as its new sports rights deals prioritize the streaming service.
The telecom announced it will remove data throttling from its Unlimited Elite plan. AT&T’s move highlights the pressure telecoms are under to stay competitive in the rabid race for 5G supremacy.
Crypto exchange Bullish will go public via the SPAC merger by year’s end even though it’s yet to launch, leaving it little to go on to entice investors beyond its high-profile backers.
Nordstrom wants to be on Top: The retailer bought minority stakes in Asos brands Topshop and Topman among others as it works to bring more, and younger, consumers into stores.
BytePlus gives brands access to star-making AI: ByteDance is offering websites and apps the option to take advantage of TikTok's recommendation algorithm and a suite of content and measurement tools.
HERO lets online customers connect with in-store retail associates to ask product questions and seek other support—which could help Klarna strengthen its merchant relationships.
Lunar lands €210M to fuel growth: The new proceeds will fund the growing Nordic neobank’s product lineup, along with future mergers and acquisitions—its roadmap will continue the flight path it embarked on earlier this year.
The White House called on the Consumer Financial Protection Bureau (CFPB) to move ahead with data-sharing regulation— its adoption would make it easier for neobanks to become customers’ primary banks and help all banking players partner with fintechs.
CIBC bolsters Microsoft cloud connection: Deepening its Microsoft relationship, the Canada-based bank will use Azure software as its cloud platform—the latest partnership of its kind for a bank seeking to cut data center costs and improve analytics.