Facebook announced it will make new Instagram accounts of users under age 16 private by default. While the move may provide a thin patina of privacy, it falls far short of addressing concerns about social media’s deleterious effects on minors.
CEO Tim Cook told investors to expect the chip shortage to impact Q4 iPhone production. The news bodes ill for Apple and other hardware manufacturers as the iPhone was one of the few major consumer devices untouched by the shortage.
Google revealed new details around how its upcoming safety section will work and expanded its privacy policy requirements to all apps on the Play Store. The search giant is trying to catch up to Apple on app transparency to cater to increasingly privacy-minded consumers.
The bank filed an application to launch an ETF comprising crypto-related firms, but we’ll likely have to wait a few months until such a product is on the market.
Pinterest aims at creators: The platform's new features will help creators monetize, as well as promote the creation of social commerce-related content.
Facebook earnings: The company's Q2 earnings could shed light on the effects of Apple’s iOS 14.5 update, but it’s still on track to clear $100 billion in revenues by the end of the year.
China’s efforts to roll out a CBDC could create more competition for mobile payment giants like Ant and Tencent, which are already under serious regulatory scrutiny.
UK neobank picks JPMorgan to advise for £100M round: Zopa’s growth in areas like auto loans and credit cards has kindled its hopes of achieving unicorn status and going public. The new round could help Zopa scale up product lines without direct competition from other prominent challengers.
MX aims to make micro-deposits verification less annoying: The banking technology company is teaming up with API provider Dwolla to automate the micro-deposits process. The collaboration will help banks simplify their customers’ experience when linking their accounts.
Trips to the bank have shifted from the default way to bank to something done only when absolutely necessary. Banks should optimize physical locations to meet customers’ desire for “more meaningful experiences.”
Home improvement stores, like The Home Depot and Lowe's, continue to see US sales surge as the pandemic-propelled demand for DIY and home improvement projects continues through 2021.
Following mixed effects of the pandemic in 2020, the US retail, consumer packaged goods (CPG), and entertainment industries are rebounding in 2021.
The top 15 livestream shopping categories in China
Telehealth stands stronger with DTx than alone: Amwell is acquiring digital mental health therapeutics company SilverCloud and automated virtual care firm Conversa Health, signalling a new chapter in telehealth.