Amazon Into Music Streaming
For those that are Prime members, perhaps using Amazon (NASDAQ:AMZN) for music is nothing new. However, it appears the company is looking to break out the service for more than just Prime members. It looks […]
August 2016
LendUp raises Series C $47M
LendUp is a direct lender that provides financial education and gamification for responsible lending behavior. LendUp loans to customers that banks usually decline, giving borrowers with poor credit scores access to short term loans without hidden […]
South Korea’s Regulator will work with banks to expand their services in online foreign currency exchange
South Korea’s Financial Supervisory Service will work with banks to expand their services in online foreign currency exchange to more than 40 currencies beginning in October. The currencies, including rarer ones such as Vietnam’s dong and […]
China strengthens regulations on peer-to-peer lenders
China’s banking regulator has announced strengthened rules for the rapidly growing peer-to-peer lending industry, which has been plagued by widespread fraud and scandals. The new rules prohibit the provision of any guarantees to lenders, bar […]
Amazon launches automotive research portal, Amazon Vehicles
Amazon (AMZN) Director of Automotive, Adam Goetsch: “Our goal is to support customers during one of the most important, research-intensive purchases in their lives by helping them make informed decisions every step of the way. Amazon […]
Uber grows Q2 bookings but fails to stay profitable in the US
Uber reportedly lost more than $750 million in the most recent quarter, including $100 million domestically after a first-quarter profit in the US. Driver subsidies accounted for most of Uber’s losses, according to the company, […]
Why building a bot startup is so tough
Building a successful business around bot technology can be difficult, as players such as Facebook Messenger and WeChat control important distribution channels, writes Jesus Rodriguez. Moreover, bot technology is hard to monetize, and entering the […]
How Instagram is transforming fashion marketing
A few years ago, a full-page ad in a glossy magazine and a flashy billboard would have signaled to the world that a fashion brand has made it mainstream. Today, it’s the post with 100k […]