Facebook has taken its first steps toward GDPR compliance

This week's highlights: Here's why the Amazon-Best Buy TV partnership makes sense for both sides, Santander uses blockchain for international transfers, Publishers and platforms are in a constant tug-of-war, and much more

Every morning the team at BI Intelligence delivers daily content covering key items business professionals need to be aware of to stay ahead. As a bonus for being a frequent reader of Business Insider, we're including some free content below. Want more content like this daily? Join our FREE BI Intelligence Daily newsletter by clicking here.

WEEKEND ROUNDUP Facebook just took its first steps toward GDPR compliance This week, Facebook will begin asking users for permission to use their personal data, the first official move by the social network ahead of the GDPR compliance deadline set for May 25, Facebook said in a Tuesday night blog post. Starting first in the EU, Facebook will prompt users on the site and the app with "permission screens" that will ask users to approve whether they want Facebook to be able to use certain personal data for features like facial recognition or to target ads based on political, religious, and relationship details. That permissions prompt will roll out in coming months to users in the US and the rest of the world. Users won't be able to prevent ad targeting altogether. The prompt will only give users the option to "accept and continue" (meaning they must accept Facebook's policies before proceeding), or "manage data setting" (through which users will be able to manually limit the kinds of data that advertisers can use to target them). Business Insider Intelligence analyst Audrey Schomer has the full story. BI Intelligence Daily is just a preview of BI Intelligence. Become an ALL-ACCESS member to unlock everything BI Intelligence has to offer. RESEARCH IN FOCUS Regtech Revisited This report provides a brief overview of the current global financial regulatory compliance landscape, and the regtech industry's position within it. It then details the major drivers that will shift the dial on FIs' adoption of regtech over the next 12-18 months, as well as those that will propel startups offering regtech solutions to new heights. Finally, it outlines what impact these drivers will have, and gives insight into what the global regtech industry will look like by 2020. Learn More → The Virtual Reality Hardware Report This report lays out where the VR market is and forecasts how it will grow over the next five years. We dissect the various hardware categories and the unique strengths and opportunities of each, and identify how they will gain traction at different points of the market's evolution. Finally, we examine various components impacting consumer adoption. Learn More → The US Telehealth Market In this report, BI Intelligence defines the opaque US telehealth market, forecasts the market growth potential and value, outlines the key drivers behind usage and adoption, and evaluates the opportunity telehealth solutions will afford all stakeholders. We also identify key barriers to continued telehealth adoption, and discuss how providers, payers, and telehealth companies are working to overcome these hurdles. Learn More → BI Intelligence Daily is just a preview of BI Intelligence. Become an ALL-ACCESS member to unlock everything BI Intelligence has to offer. BRIEFING HIGHLIGHTS Here's why the Amazon-Best Buy TV partnership makes sense for both sides Best Buy will begin selling 11 TV models made by Toshiba and its own Insignia brand that are powered by Amazon Fire TV's operating system, The Wall Street Journal reports. Read More → Santander uses blockchain for international transfers Spanish bank Banco Santander has launched "Santander One Pay FX," a new international transfer service using blockchain-based technology. Read More → Publishers and platforms are in a constant tug-of-war In the race to goose traffic to their sites, publishers often seem to run from one third-party distributor to another, only to find the rules of engagement and potential rewards in a continuous state of flux. Read More → This French logistics giant is going to start using drones in warehouses Geodis, the logistics arm of France's state-owned railroad company SNCF Group, plans to start using drones to scan its warehouses for inventory as part of a new automated inventory management system by the end of this year, according to Air Cargo News. Read More → The US Supreme Court could change the e-commerce landscape South Dakota is looking to overturn a 1992 precedent that only allows states to collect sales tax on companies with a physical presence in the state. That precedent was formed in a very different retail landscape that lacked today's online capabilities. Read More → Amazon opens Prime Wardrobe to more shoppers Amazon is rolling out Prime Wardrobe, its try-before-you-buy (TBYB) apparel service, to more consumers, though it remains in testing months after its initial launch June 2017, according to TechCrunch. Read More → Apple reportedly cuts production of HomePod amid poor sales Apple reportedly slashed production of its HomePod smart speaker and lowered sales forecasts for the device in late March, amid its ongoing struggles to make significant gains on Amazon and Google in the AI-powered speaker market, according to Bloomberg. Read More → Here's why banks need to prioritize digital platforms JPMorgan Chase and Wells Fargo announced their Q1 2018 earnings on Friday, which reflect a pattern seen in previous quarters of mobile banking continuing to rise, but at a decelerated rate, as the market matures. Read More → Netflix impresses on subscriber growth in Q1 Netflix released Q1 2018 earnings on Monday afternoon that continued the streamer's global cash grab. Overall revenues reached $3.7 billion in the quarter, up 40% year-over-year (YoY) — a company record and an acceleration versus 33% growth in Q4 2017. Read More → Bank of America's digital investments drive engagement Bank of America's investments in digital innovation are paying off, as demonstrated by the ongoing growth of its digital channels throughout Q1 2018. Read More → BI Intelligence Daily is just a preview of BI Intelligence. Become an ALL-ACCESS member to unlock everything BI Intelligence has to offer. CHARTS OF THE WEEK US smart speaker penetration grows despite consumers' privacy concerns Walmart is capturing more of online consumers' grocery budgets than Amazon Augmented reality catching on with consumers BI Intelligence Daily is just a preview of BI Intelligence. Become an ALL-ACCESS member to unlock everything BI Intelligence has to offer. BECOME A MEMBER You can gain access to everything BI Intelligence produces - ALL of our extensive research reports, newsletters, and data - when you claim your BI Intelligence ALL-ACCESS pass. With this level of membership, you will gain immediate access to… ALL Existing Reports Our research reports have taken thousands of hours to research, analyze and compile. With over 100 reports in our archive there is something for everyone with immediate profit-driving idea potential. Packed with data, insight and analysis the research helps you understand your chosen subject area in fresh new ways. Actionable New Reports You'll receive around 6 new reports each month on topics that matter to you, delivered electronically the instant they're finalized for as long as you're a subscriber. Carefully Curated Newsletters With access to all 7 of our newsletters, you'll know about all the important developments that are impacting your company, your bottom line, and even your career. Our insightful news briefs give you the context around critical developments. Timely Updates & An Online Research Center At least once a week, the BI Intelligence team will send you thought-provoking "extra" content in the form of charts, graphs, and graphics, along with our analysis of what it means. And A 14-Day Satisfaction Guarantee If you are not completely satisfied, you may cancel your ALL-ACCESS pass before the end of your first 14-days and we will refund the full amount you've paid. Get Started Today Risk-Free The BI Intelligence Daily is a free newsletter highlighting topics the BI Intelligence research team finds interesting. Published around 5pm ET Monday through Friday. Did a friend forward this newsletter? Get it daily by clicking here. Have friends? Think they would benefit from this newsletter? Send them this link: http://read.bi/bii-daily. Copyright © 2018 Business Insider, Inc. All rights reserved.

Email sent to: ipat39@gmail.com Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Insider Inc. 1 Liberty Plaza, New York, NY 10006