Car Subscriptions Hit Pause As BMW, Audi Suspend Programs
Car Subscriptions Hit Pause As BMW, Audi Suspend Programs
January 17, 2021  |  Subscriptions

It was supposed to be a compelling option for consumers in the connected economy, but the subscription model for automobiles is hitting some speed bumps...

READ MORE >
The Connected Devices We Never Knew We Needed
The Connected Devices We Never Knew We Needed
January 16, 2021  |  Innovation

Like so many other major events, the Consumer Electronics Show (CES) was different this year, insofar as there was no floor in Las Vegas. And...

READ MORE >
MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale
MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale
January 15, 2021  |  Innovation

Latin American eCommerce giant MercadoLibre has sold $1.1 billion in bonds to expand its fleet of electric-powered delivery vehicles. Get the Full Story Complete the...

READ MORE >
Apple Considers Podcast Service To Better Compete With Spotify
Apple Considers Podcast Service To Better Compete With Spotify
January 15, 2021  |  Apple

Apple is exploring the addition of a premium subscription podcast tier to become a more competitive rival to Spotify, Bloomberg reported on Friday (Jan. 15), citing...

READ MORE >
FinCEN Hits Capital One For $390 Million; Says Bank Violated Bank Secrecy Act
FinCEN Hits Capital One For $390 Million; Says Bank Violated Bank Secrecy Act
January 15, 2021  |  Security & Fraud

The Financial Crimes Enforcement Network (FinCEN) late Friday (Jan. 15) announced that it is assessing a $390 million penalty against Capital One for engaging in what...

READ MORE >
Q4 Earnings Show Big Banks Fared Better Than Expected In 2020
Q4 Earnings Show Big Banks Fared Better Than Expected In 2020
January 15, 2021  |  Earnings

In the first wave of Q4 earnings reports, J.P. Morgan Chase, Citigroup and Wells Fargo showed the pandemic’s impact on critical lending and spending, and...

READ MORE >
Citi Q4 Earnings Show Digital Banking Growth, Drop In Card Spending
Citi Q4 Earnings Show Digital Banking Growth, Drop In Card Spending
January 15, 2021  |  Earnings

Citigroup reported stronger than expected Q4 earnings Friday (Jan. 15) that showed a solid digital business, but fell short on expected revenue. Earnings fell by...

READ MORE >
Blend And MX FinTechs Land $300 Million Investments
Blend And MX FinTechs Land $300 Million Investments
January 15, 2021  |  Investments

Blend and MX, which are both FinTech startups, separately announced that they have each landed $300 million in funding. Get the Full Story Complete the...

READ MORE >
Bumble Plans To Go Public On The Nasdaq
Bumble Plans To Go Public On The Nasdaq
January 15, 2021  |  IPO

Relationships app Bumble Inc. plans to go public and list its Class A shares on the Nasdaq Global Select Market under the “BMBL” ticker symbol, according...

READ MORE >