News

Wearables
Facebook Plans Smartwatch With Detachable Dual Cameras
June 09, 2021

Facebook is planning to launch its first smartwatch, possibly in the summer of 2022, that will have a dual-camera display that can be detached for taking photos and videos, The Verge reported on Wednesday (June 9), citing sources and adding that the social network has not confirmed...

Banking
Banks Seek To Temper Deposits From Corporates
June 09, 2021

Banks have hit a ceiling on the amount of deposits they want to carry from companies — so much so that banks don’t know what to do with them, The Wall Street Journal reported Wednesday (June 9). Get the Full Story Complete the form to unlock this...

Regulation
SEC Chair Gensler Looking Into How Stock Trading Incentives Are Structured
June 09, 2021

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler is looking for an audit into the laws regulating the U.S. stock market, including best execution requirements, The Wall Street Journal (WSJ) reported on Wednesday (June 9). Get the Full Story Complete the form to unlock this...

International
Zimbabweans Sending More Money From Abroad Lift Local Economy
June 09, 2021

An increase in remittances from Zimbabweans living in distant locales and sending more money home helped improve the local economy, Central Bank Governor John Mangudya said, per a Wednesday (June 9) Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Chinese Grocery Delivery Startups MissFresh, Dingdong Maicai To Go Public In US
June 09, 2021

Chinese grocery delivery startups MissFresh and Dingdong Maicai have filed to go public in the U.S. as people continue shopping online for the delivery of everyday essentials, The Wall Street Journal reported on Wednesday (June 9).  Get the Full Story Complete the form to unlock...

Social Commerce
Alibaba Pushes Into Growing Livestreaming Trend
June 09, 2021

Among a host of announcements pertaining to its expanding menu of cloud computing products on Tuesday (June 8), Alibaba pushed further into the rapidly expanding world of eCommerce livestreaming with the launch of a new cloud-based product designed for online shopping. The tool will allow...

Banking
Plaid Launches Capital One Open Finance Partnership
June 09, 2021

Plaid announced a new open finance partnership with Capital One on Wednesday (June 9), just as the FinTech is completing its migration to the Capital One API. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
LinkedIn Jumps Onboard With Virtual Events Provider Hopin
June 09, 2021

Virtual events provider Hopin said it has landed LinkedIn as an investor and partner. The two companies plan to collaborate to offer new opportunities for event organizers, according to a Wednesday (June 9) press release. Get the Full Story Complete the form to unlock this article and...

Delivery
Amazon, Gopuff Both Seek To Buy Grocery Delivery Firm Flink
June 09, 2021

Amazon and U.S. delivery company Gopuff, which is backed by SoftBank, are both looking at buying up Germany-based Flink, sources told Bloomberg. Flink has already spurned a bid from Gopuff. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...