SpaceX creates premium satellite internet segment: Promising up to 500 Mbps for $500 a month and 24/7 support to business users is a Tesla-like move that’s sure to shake up the industry.
Google Cloud is losing billions of dollars: Feature parity with AWS and Azure, greater global availability, and pivoting toward enterprise customers could help it regain momentum in the cloud services segment.
Insider Intelligence spoke with Bill Ready, president of Commerce, Payments, and Next Billion Users at Google.
Eastern Caribbean Central Bank’s digital currency falters: The regional authority’s digital instrument, DCash, stopped working last month. It’s a timely reminder for other would-be central banks to invest in resiliency.
The firm closed the acquisition and made it available to online merchants in Australia and the US.
Pinterest adds an AR furniture shopping tool to its app: The platform aims to help customers make more informed purchase decisions to help boost sales.
There were far more store openings than closings in January: The trend demonstrates the appeal of brick-and-mortar retail in some key categories.
Koho’s cash haul brings big product possibilities: The Canadian neobank can use its latest CAD$210 million ($167.5 million) round to build out offerings tailored for its paycheck-to-paycheck target demographic.
A PYMNTS survey shows that most users of standalone BNPL services are interested in bank-backed versions—including customers of the biggest standalone players.
In 2021, mobile finance apps reached 573.1 million downloads in the US, up nearly 19% from 481.9 million in 2020.
Facebook was projected to pass 2 billion users worldwide in 2021 and poised to hit 2.10 billion by the end of this year. But despite boasting a massive user base, growth on the platform declined dramatically in 2021 and will slow to a trickle in years to come.
Waymo fights to keep driverless crash data under wraps: Lawsuit against the California DMV could shape future autonomous vehicle testing efforts and slow down adoption.
Brain-computing interfaces can help move semi-autonomous robots: Together, the two contentious technologies show promise for assisting patients with limited mobility.
Long-time Olympics advertisers face controversy, waning viewership: Brands sponsoring the event are staying hushed to avoid upsetting domestic and international consumers.