 WEEKEND ROUNDUP | |
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Amazon has been put on notice after FedEx ended its Express contract FedEx will no longer provide US domestic express shipping for Amazon after choosing to put an end to its contract with the e-commerce giant.
The contract will end on June 30th, although FedEx has stated that its other contracts with Amazon won't be affected.
In the short term, Amazon will have to lean on some of its other logistics partners to fill the void left by FedEx's departure.
But in the long term, Amazon isn't going to rely on legacy logistics firms — it's going to threaten them.
Business Insider Intelligence's Ayoub Aouad has the full story.
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| | | JPMorgan Chase has closed its digital bank, Finn, merely a year after launching it nationwide in June 2018, according to The Wall Street Journal. Read More → | | | | |
| | | Charter, Altice, and Dish are toward the top of the US Department of Justice's (DOJ) shortlist of buyers for the assets it'd want T-Mobile and Sprint to divest as conditions for green-lighting their proposed merger. Read More → | | | | |
| | | Last week, Chinese President Xi Jinping and Russian President Vladimir Putin issued a joint statement detailing their agreement on key foreign controversies that ultimately undermine US interests globally. Read More → | | | | |
| | | Cisco announced its intention to acquire French industrial IoT (IIoT) company Sentryo to bolster Cisco's IoT platforms' device management and security features. Read More → | | | | |
| | | The service may have struggled due to the competitiveness of the market, its exclusivity, and the industry's difficult delivery requirements. Read More → | | | | |
| | | Apple is moving toward acquiring self-driving vehicle startup Drive.ai, according to two individuals with knowledge of the negotiations. Read More → | | | | |
| | | The decision to launch a single offering is the result of WarnerMedia trading off cost-consciousness for simplicity, a calculated risk that could help in the crowded market. Read More → | | | | |
| | | The head of the International Monetary Fund (IMF), Christine Lagarde, has warned of adverse challenges resulting from fintech developments. Read More → | | | | |
| | | Uber is reportedly hiring several dozen engineers and product managers in New York to assemble a fintech team, per CNBC, citing people with knowledge of the plan.. Read More → | | | | |
| | | LG Electronics is facing a potentially dire situation as contract negotiations with Qualcomm, its 5G modems supplier, have stalled. Read More → | | | | |
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| | | Over the past 15 years, spending in China has become increasingly powered by mobile payments. In Q4 2018, China's third-party mobile payments industry was estimated to be worth 47.2 trillion yuan ($6.8 trillion) per AnalysysThe mobile payments market is controlled by Ant Financial's Alipay, which held a leading 53.8% market share in Q4 2018, and Tencent's WeChat Pay, which, along with fellow Tencent-owned payment service QQ Wallet, commanded a 38.9% share. Payments companies worldwide must take notice of Ant Financial and Tencent's success, strategies, and potential expansion, as they won't succeed in the extremely valuable Chinese market without understanding how the two companies are expanding their reach. Learn More → | | | | |
| | | This report examines how the introduction of 5G is poised to transform portions of the IoT ecosystem. First, we look at the 5G standard broadly, identifying its strengths and weaknesses in comparison with existing standards, as well as laying out the timeline for rollout and expectations within the wireless industry. Next, we look at the new practices that 5G will enable in the IoT, focusing specifically on the capacity for high-bandwidth remote analytics, as well as the ability to use remote processing centers for mission-critical services. Finally, we examine areas where 5G will leave gaps and how companies will need to cope with the standards' early limitations. Learn More → | | | | |
| | | The first Digital Health Ecosystem Report from Business Insider Intelligence explores the current healthcare ecosystem, industry trends that are driving digital transformation, and where the industry is headed. We outline the role of each of the industry's major players — including payers, providers, and manufacturers — and how they're affected by healthcare's digital disruption. We also discuss the most transformative digital health technologies and outline the investment areas that are gaining the most funding to help illuminate the future path of digital healthcare. Learn More → | | | | |
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