SpaceX expects its constellation of 1,800 Starlink satellites will be able to provide global internet coverage by this fall. Though far ahead of competitors, SpaceX still faces pressure from traditional ISPs and regulators in several countries.
TikTok minis: The platform's new third-party integration system Jump allows users to embed mini apps in their videos and marks an important step toward TikTok becoming a super app like WeChat.
India cracks down on ecommerce giants: The country proposed regulations that would ban ecommerce sites from hosting flash sales or listing affiliated entities as sellers on their platforms, which could spell trouble for players like Amazon and Walmart’s Flipkart.
Target’s recent ecommerce growth is nothing short of extraordinary. This year, its US ecommerce sales will reach $18.64 billion—almost as much as all its US ecommerce sales from 2016 to 2019 combined.
New reports suggest TSMC may refocus chip production to prioritize the needs of Apple and carmakers. The potential move illustrates the clear advantage Big Tech has over smaller firms in negotiating with chip fabs.
Loyalty for burritos, fried chicken, and Big Macs: Consumer rewards programs continue to crop up across quick-serve restaurants as they vie for consumer attention and dollars amid reopening.
The insurtech has added homeowners insurance alongside its existing renters coverage—combined with its flexible, affordable approach to policies, this could accelerate growth.
Tide unveils cashflow support: The UK-based neobank’s free tool will help small and medium-sized businesses (SMBs) improve their cashflow management—an add-on that could be attractive for companies in a recovering economy.
SMB-focused Zeller lands AUD $50M: This third funding round follows the Australia-based neobank’s inaugural product launch last month—and its push to become a licensed bank places it in direct competition with a fellow SMB-centric challenger.
Pear Therapeutics announced it’s going public via a $1.6B SPAC merger—while we think it could trigger a string of digital therapeutics M&As, CMS reimbursement will be the key to wide-scale expansion.
Crypto FOMO is real
Are virtual clinical trials just as good as in-person? HumanFirst and Duke’s Clinical Research Institute are studying how clinical trials can best use remote monitoring tech—which starts to answer the big question of whether digital health tracking data is reliable enough to inform big healthcare decisions.
Digital advertisers know that media quality isn't a given with fraud and other nonviewable impressions plaguing the market for years. Tony Marlow, CMO at measurement firm Integral Ad Science, joins eMarketer principal analyst at Insider Intelligence Nicole Perrin to discuss the company's latest media quality benchmarks, what the industry's top priorities are for the year, and how viewable video is across devices.
Facebook will need a bit more tact for VR ad success: Video game developer Resolution Games reversed course on its agreement to have Blaston participate in Oculus VR ad tests after consumer backlash.