Ukraine conflict presents a chance for social media to amend a history of misinformation: American tech firms clashed with Russia over the weekend, often rebuking its requests.
Microsoft ramps up Azure Cloud with 5G connectivity: Last-mile edge-computing solutions can be accelerated by 5G partnerships, giving even remote Azure customers the advantage of fast access speeds.
Etsy risks alienating sellers with fee increases: As ecommerce growth slows, the online marketplace tries to maximize revenues in the most cost-effective way possible.
Savvy aims to push wealth management tech updates: The US-based wealthtech wrapped up a seed round to fund its play in a market that’s lagged in adopting newer technologies.
Marketers pull TV ads around Ukraine coverage: Brand safety is top of mind, and TV networks are also doing their part to avoid poor ad placement.
Tumblr taps subscriptions as an ad alternative: The platform is now offering ad-free scrolling for $4.99 a month, but that’s unlikely to turn its losses around as it sheds users.
It reported a strong Q4 and outlined how it plans to use Afterpay to drive growth across its businesses.
LendingClub CEO discusses the neobank advantage: Scott Sanborn explains to Insider Intelligence why his company’s P2P roots will help it compete as a neobank, now that the pandemic has driven permanent mobile banking usage.
Fintech takes a ‘no code’ embedded finance approach: Spain-based HUBUC raised $10M from seed funding, playing in a competitive space that’s still growing.
After posting strong year-end results, the crypto exchange warned that 2022 is off to a lackluster start amid drops in crypto market cap.
Large brands shift their focus to direct sales: Meanwhile, many digital-native retailers are turning to wholesale as they look for cost-effective ways to attract new customers.
Ukraine conflict could bog down various supply chains: Russia and Ukraine are a significant source for materials and energy supplies, and continued conflict and Russian sanctions will lead to shortages.
As grocery margins shrink, Walmart looks for new opportunities: The retailer hopes investments in beauty and fashion will build cachet and encourage shoppers to spend.
Instacart continues to diversify as competition grows: The platform’s partnership with Lowe’s allows both companies to provide greater value to consumers and catch up with rivals.
Big Tech companies partner with Retrievr on e-waste recycling pilot: Tech giants are funding electronics recycling in Denver, but the program lacks a solid economic foundation for systemic change.