 WEEKEND ROUNDUP |
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IKEA is looking to broaden its smart-home ecosystem with a new unit Sweden-based home retailer IKEA is collecting its various smart home efforts into a single new business unit.
The company plans to invest in the new unit and expand its range of devices, which currently includes smart light bulbs, smart plugs, and other connected devices to automate home control.
IKEA's large retail base and low-cost smart home options could put the company in a position to establish a presence in the connected home market and supply a variety of devices consumers will actually use.
With increased investment and a dedicated team, IKEA will likely broaden its range of smart home offerings while also leveraging its retail channel to challenge the likes of Samsung, Philips, and Nest.
Business Insider Intelligence's Peter Newman has the full story.
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| | | The bank will offer borrowers a 10-year deal at -0.5% — meaning borrowers will still make monthly payments, but the amount outstanding will be reduced each month by more than the borrower has paid. Read More → |
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| | | Among the issues that Nextmove documented in the first 15 cars it received were "defective tires, paint and body damages, defective charge controllers, [and] wrong wiring harnesses or missing emergency call buttons." Read More → |
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| | | Now, Amazon will operate five 4-Star stores and 19 Amazon Books stores, helping expand its proprietary retail footprint and further grow the segment outside of Whole Foods, which comprises the bulk of Amazon's physical retail stores. Read More → |
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| | | Goldman Sachs' first foray into credit card issuing came with the launch of Apple Card earlier this week, and CEO David Solomon noted that the event is just the beginning, per an internal email. Read More → |
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| | | The Big Four US wireless carriers are reportedly throttling mobile video content regardless of whether their networks are being overloaded, according to a study. Read More → |
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| | | In a Finextra and Virtusa study, the digital customer experience was chosen as a top priority by 79% of respondents, highlighting how central digital technologies have become to banking operations. Read More → |
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| | | Visa rolls out a new suite of tools to fight fraud. The firm announced that the slate of offerings is meant to "help prevent and disrupt payment fraud" and is available to its clients without an additional fee or sign-up. Read More → |
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| | | Bakkt's authorization will see it become the first to offer physical Bitcoin futures to institutional investors, and it could open the door for a flurry of institutional investments in cryptos. Read More → |
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| | | The KardiaBand was an EKG wristband designed for use with earlier iterations of the Apple Watch, giving the smart watch added health value before Apple Watch 4 launched with its own EKG. Read More → |
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| | | The changes to the most affordable offering in Google's smart speaker lineup reflect the search giant's evolving approach to the smart home ecosystem. Read More → |
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| | | Historically, the US banking industry has discussed financial inclusion solely in terms of corporate social responsibility (CSR). Offering services to the unbanked and underbanked consumers has long been economically unviable. But two forces have flipped the conversation from CSR to a genuine business opportunity. This report explores the business opportunity for incumbent banks looking to tap the growing opportunity presented by the financially underserved, highlights through case studies how innovative players are utilizing technology to capture share in this market, and outlines recommendations for how banks can enter the space as well. Learn More → |
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