Posted September 16, 2020
Contactless payments have gained more and more traction since the COVID-19 pandemic hit the world. This explains why fintech companies are going full force to invest resources into developing new contactless solutions that will protect consumers and businesses while also ensuring efficiency and business continuity.
Posted September 9, 2020
Warren Buffett’s Berkshire Hathaway has taken a big interest in the cloud-based data platform company Snowflake, Inc.
Posted September 2, 2020
The video-conferencing company Zoom Video Communications (NASDAQ: ZM) continues to stand out after becoming a staple in many people’s everyday lives when the coronavirus pandemic hit. And the proof is in the numbers — early this week, the company reported a revenue increase of 355%.
Posted August 26, 2020
American Airlines (NASDAQ: AAL) said it plans on laying off or involuntarily furloughing 19,000 of its employees as of October 1. This plan could change as long as the airline is able to receive assistance from Congress.
Posted August 12, 2020
The next big revolution is already here. The artificial intelligence revolution is here and is expected to grow at a CAGR of 42.2% in the next seven years. It’s already bringing major innovations to some of the biggest industries like agriculture.
Posted August 5, 2020
The Trump administration wants to ban the social media app TikTok over allegations the app poses a national security threat. Since then, there has been talk of Microsoft (NASDAQ: MSFT) purchasing the app from its Chinese parent company, ByteDance.
Posted July 29, 2020
The Austin, Texas-based e-commerce company BigCommerce is expected to go public next week on Wednesday, August 5.
Posted July 22, 2020
This week, Amazon’s (NASDAQ: AMZN) CEO Jeff Bezos got even richer. On Monday, he added $13 billion to his net worth. He is now worth $189.3 billion and is on track to becoming the first trillionaire by 2026. So you could definitely say, coronavirus pandemic or not, Amazon continues to thrive.
Posted July 15, 2020
Jamf Holdings, a cloud software platform that allows you to connect and manage Apple devices, has announced that it’s expecting to go public on Thursday, July 23 and aims to raise $272 million to $304 million from its IPO.
Posted July 8, 2020
On Monday, Uber (NYSE: UBER) bought food-delivery startup Postmates for $2.65 billion. At the start of the COVID-19 pandemic, Uber realized it needed to push its business towards profitability and growth. With its Uber Eats division increasing by 53% in the first quarter of 2020, the obvious direction in which to go was the food-delivery market.
Posted July 1, 2020
On Monday, Facebook shares fell close to 3% in early trading but eventually rebounded. The list of advertisers abandoning the site continues to grow. Some big companies, like Starbucks (NASDAQ: SBUX), Coca-Cola (NYSE: CCEP), and Hershey’s (NYSE: HSY), announced they would be pausing their advertising spending on the social media platform.
Posted June 24, 2020
Health care robots are becoming more of a reality rather than just some idea of the “future.” According to a report by Zion Market Research, by 2025, global medical robot expenditures are expected to increase by approximately 20% to reach $24.6 billion.
Posted June 17, 2020
It looks like the U.S. is going a different direction when it comes to 5G and China’s Huawei. On Monday, the U.S. will amend its prohibitions on U.S. companies doing business with Huawei.
Posted June 10, 2020
46% of U.S. consumers are now using telehealth platforms. Telehealth use has surged in the past few months and COVID-19 has been a major catalyst. Now that people are considering telehealth as a viable option, the health care industry is shifting to accommodate that change.
Posted June 2, 2020
With testing across the U.S. scarce, the only way for people to begin feeling comfortable about returning to “normal life” could depend on at-home testing kits. These kits could ease people’s fears and make it convenient for them to test themselves before considering returning back to work or school. However, they aren’t cheap and might not be covered by your health insurance.