The busiest commuter railway in the US is falling apart...

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Weekend Roundup Amtrak Railway Lines Are Falling Apart Amtrak is closing several tracks along the Northeast Corridor to make long-overdue repairs. Unfortunately, this move will cause massive delays for consumers on the Long Island Railroad and New Jersey Transit into New York City. Amtrak CEO Wick Moorman said during a press call that the repairs will cost "tens of millions of dollars." The exact ramifications to commuters is still unclear, but Amtrak said it will first begin repairs on the western portion of Penn Station, which routes trains entering from Hudson River tunnels and the Long Island Railroad's West Side Yard. Amtrak said the first phase of the track and switch renewal project will begin this summer and extend into September. Business Insider's Danielle Muoio has has the full story. Research In Focus The Digital Disruption of Live Sports In a new report, BI Intelligence takes a deep dive into the decline of live sports on TV. The report explains how digital disruption and shifting consumer habits are contributing to this decline, and profiles the promising new players in the space. In addition, it discusses emerging business models for the live sports industry, and what's next for legacy broadcasters as they strive to adapt. Learn More »   The U.S. Smart Home Market In this report from BI Intelligence, we examine the overall state of the US smart home market — both the professionally and self-installed markets. We analyze the factors driving demand for smart home devices and smart home voice speakers, and discuss the future of voice control in the home. Learn More »   The Credit Card Rewards Explainer In a new in-depth report from BI Intelligence, we walk through the new credit card rewards landscape, which now includes rising consumer demand for rewards, increased opportunity for issuers to drive up usage of their credit card products, and increasing costs. After discussing the evolution that has led to this current landscape, we analyze how issuers will have to adjust in order to continue reaping the benefits of offering rewards without sacrificing significant profits. Learn More » Briefing Highlights People Don't Trust YouTube But They Can't Look Away' YouTube ranked dead last for consumer safety in BI Intelligence's 2017 Digital Trust survey. Only 4% of survey respondents feel that YouTube is the safest platform to participate in or post on, making it by far the least chosen option. Read More »   AT&T Launches 5G Evolution AT&T announced in a press release on Tuesday the limited rollout of a "5G Evolution" service. This initial rollout will start in select areas of Austin, Texas, and can only be utilized by AT&T customers who own a Galaxy S8 or S8+ smartphone. Read More »   Half of Millennials Think Facebook and YouTube Have The Most Annoying Ads Facebook and YouTube serve up the most annoying ads, according to BI Intelligence's 2017 Digital Trust survey. Read More »   Microsoft Is Expanding Its IoT Offerings Microsoft is expanding its IoT offerings, announcing three new services that augment its cloud-based Azure IoT suite. Read More »   Allianz Goes for Lemonade Legacy insurers have been investing heavily in the rapidly growing ranks of insurtechs, and international insurance giant Allianz's holding company, Allianz SE, pushed this trend further by announcing that it has made a "strategic investment" in US-based Lemonade. Read More »   Target's Chief Innovation Office Leaves Casey Carl, Target's chief innovation officer, will be leaving the company in May. This marks the latest in a string of high-level executives to leave Target — it lost its chief marketing and chief digital officers in recent months, as well as the head of its grocery division. Read More »   Twitch Raises Incentives for Creators Twitch made two moves last week to open up money-making opportunities for broadcasters on its platform. First, the company expanded the subscription options for partners, adding new $10- and $25-a-month tiers. Then, it launched an affiliate program for non-partnered streamers to earn more money. Read More »   Apple Pay Goes Live with Bill Pay Cable company Comcast went live with its previously announced integration of Apple Pay for bill payments, allowing Xfinity customers using Apple Pay to skip the hassle of manually entering card information or sending checks by mail. Read More »   Facebook and Google Are Banning Bad Ads After seeing mixed reactions to their Instant Articles and Accelerated Mobile Pages platform plays, Facebook and Google are among a group of companies playing hardball with bad ads on the web. Read More »   WeChat Pay Hits a Hurdle As the battle over the Chinese mobile wallet market wages on, the gap between leading players WeChat Pay (owned by Tencent) and Alipay remains narrow. Read More » Charts of the Week Amazon is the preferred retailer for online beauty purchases This type of insurtech is best at attracting investment Funding for AI Commerce Firms is on the Rise 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. 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