Several retailers remain open in Russia against their will: Burger King, Papa John’s, and Marks & Spencer locations stay operational despite their parent companies’ support for Ukraine.
A $1 billion dollar endorsement market: The Name, Image, and Likeness market for NCAA stars is heating up, and brands are taking note of this nascent opportunity.
One data center’s waste heat is another building’s warmth: Transforming data centers from energy hogs into sustainable fuel sources is well-timed for Europe’s push away from fossil fuels.
Retailers take last-mile fulfillment into their own hands: Companies like Costco and Amazon are building their own logistics networks, to the detriment of FedEx and UPS.
Google pushing search marketers toward next-gen measurement: Expected 2023 sunset of Universal Analytics draws social media boos, but signals need to adopt GA4.
The issuer plans to attract more SMEs and younger consumers while upping its tech capabilities ahead of a credit card inflection point.
Senators eye Wells Fargo’s refinancing operations: Bloomberg found the bank approved just 47% of Black homeowners’ refinancing requests, adding to the debate on whether tech propagates discrimination.
Kyash’s haul bodes well for digital banking in Japan: Its ¥4.9B ($44.6M) fund raise from a Series D round is a sign of investors’ confidence in Japanese digital banking players.
Allica Bank gets to £1B for deposits: The UK challenger bank hit the milestone just two years following its rollout, affirming its diversification strategy is working.
Fintech offers collectible assets to Europe’s ordinary investors: The Konvi platform lets people invest in wine and watches—with plans for NFTs—capitalizing on expected global growth in the collectibles market.
Time spent with TikTok peaked at 40.0 minutes per day for the average US adult user in 2021, below that of YouTube, at 45.0 minutes daily. TikTok will lose some of its pandemic gains this year and the next, with its time spent falling to 37.1 minutes in 2023.
Consumer trust in eco-friendly claims is wavering: That’s driving large retailers such as Amazon, Target, and Starbucks to find new ways to demonstrate the effectiveness of their efforts.
Ukraine invasion puts global automotive supply chain in peril: Automakers will ship far fewer units in 2022 or cut corners due to missing components. Scarcity could drive up pricing.
A new search engine (Nava Benefits) that lets employers discover and choose their benefits based on cost and employee needs could be the answer.