Tech's Cyber Threats
Uber's internal communications were momentarily hampered by a security breach, providing one of the most glaring examples of how digital businesses with access to the best expertise and resources can still be repeatedly compromised.
Go Deeper (2 min read)Robinhood, Broken Promises?
The Menlo Park, California-based financial services firm Robinhood Markets, Inc. offers commission-free stock trading, exchange-traded funds, and cryptocurrencies using a mobile app that was launched in March 2015.
Go Deeper (8 min read)JPMorgan Moves Further Into FinTech
To counter threats from fintech companies like Stripe and Block, JPMorgan Chase has agreed to buy a payments startup named Renovite.
Go Deeper (2 min read)A Cheap Tool Enabling Companies To Make Dubious "Net Zero" Claims.
Go Deeper (2 min read)Apple's Ads Push
Apple wants to roughly double the personnel in its rapidly expanding digital advertising business. According to recruitment websites, the iPhone manufacturer's ad platforms team consists of roughly 250 employees.
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Nubank, South America's Champion
David Vélez, Cristina Junqueira and Edward Wible launched Nubank in 2013 after becoming dissatisfied with the Brazil's banking services. The company secured a $2 million seed investment from Sequoia Capital and Kaszek Ventures.
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Bank stocks have posted strong outperformance against the S&P500 in recent weeks after a dramatic sell-off in the first half of 2022.
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The Complex Dynamics Of The Streaming Market
Last week, Walt Disney announced a better-than-anticipated 26% increase in revenue thanks to record performance at its theme parks sector and the addition of more new subscribers to its main streaming video platform Disney+.
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Shopify's Growth Comes To A Halt
Shopify's platform is now being avoided by companies hurt by rising prices and decreasing consumer spending, which is impeding its efforts to correct previous errors in overestimating e-commerce demand.
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Chip Demand Falls Sharply
The semi-conductor chip shortage is easing, according to Hyundai, ABB, and Swedish refrigerator giant Electrolux. This is encouraging for manufacturers following a protracted search for parts.
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CBRE, The Real Estate Giant
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm with $27.7 billion in revenue and $141.9 billion in AuM as of Dec. 31, 2021.
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