Monthly Archives: July 2022

More people than ever get news from YouTube and TikTok, yet still don’t trust it

Following reports that TikTok and Instagram are becoming go-to sites for people making holiday plans, there are new findings that these apps (alongside YouTube) are increasingly becoming a source of news for young people as well. According to an Ofcom report (a UK communications regulator) these three social media platforms are the top three sources…

Key trends helping payments disruptors take on financial services

Payments service providers are building an array of financial services to compete with financial institutions (FIs). The surging popularity of service providers has given firms huge client bases to whom they can push financial solutions.  Do you work in the Ecommerce and Retail industry? Get business insights on the latest tech innovations, market trends, and…

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TikTok Commerce 2022 Report Preview

TikTok’s powerful algorithm and cultural relevance has made it the go-to platform for emerging shopping trends. To succeed on TikTok, brands must craft their social commerce strategies around creating content that’s designed for entertaining first and shopping second. Insider Intelligence’s TikTok Commerce 2022 Report details social shopping behaviors on TikTok, the importance of creators in…

Insurance Technology Spend Forecast: What’s Driving Growth for P&C and Life Insurers in the US, UK, and Canada

US, UK, and Canadian insurers are striving to digitize their entire businesses to enhance their customer experience and cut costs.  And overall IT/tech spend will begin climbing again from 2020 to 2024 across both insurance lines in all three countries. You can learn more in our Insurance Technology Spend Forecast. Do you work in the…

Insurtechs slash budgets and headcount as economic uncertainty escalates

As the economic turmoil continues, insurtechs are increasingly turning to cost-cutting measures. We delve into why insurtechs are struggling more than their legacy competitors. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Banking industry. Learn more about becoming a client. The news: The insurtechs Next and Thimble recently announced layoffs of part of their workforces, stating that…

DeSantis uses federal COVID-19 relief funds to send nearly 60,000 Florida families a $450-per-child check to ‘offset the costs of rising inflation’

Florida Gov. Ron DeSantis speaks during a press conference held at the Cox Science Center & Aquarium on June 08, 2022 in West Palm Beach, Florida. Joe Raedle/Getty Images Thousands of Florida families will receive one-time checks for $450 per child starting this week.  Gov. Ron DeSantis announced he set aside $35.5 million of COVID-19…

‘Big Short’ legend Michael Burry warns inflation poses a fresh threat to investors – and cautions against banking on a huge stock rally

Michael Burry. Andrew Toth/Getty Images Michael Burry underscored the importance of the inflation threat to investors. He cautioned against relying on the same portfolio strategies that have worked in recent years. The investor of “The Big Short” fame poured cold water on hopes of a big rebound in stocks. Michael Burry warned in a Wednesday…

15 controversies that have plagued Tesla, from Elon Musk’s tweets to allegations of a toxic workplace

Tesla CEO Elon Musk. Brendan McDermid/Reuters Tesla and its CEO, Elon Musk, can’t seem to avoid controversy. From its Autopilot software to allegations of racism at its California factory, the electric-car company has faced questions about seemingly every aspect of its business. Tesla has missed deadlines for several vehicle launches.  Tesla is one of the most…