 WEEKEND ROUNDUP |
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Square is selling Caviar to DoorDash for $410 million Square broke $1 billion in revenue in Q2 2019 and announced that it is selling Caviar to DoorDash for $410 million.
DoorDash's existing integration with the Square for Restaurants point-of-sale platform could make Square a top choice for DoorDash restaurants, giving the brand a customer acquisition opportunity and helping it accelerate its burgeoning restaurant business as it angles for larger sellers.
Square made the move because it's increasing its focus on its two ecosystems for businesses and consumers, CEO Jack Dorsey said, and while losing Caviar could hurt, it might help Square build on its strengths.
Business Insider Intelligence's Daniel Keyes has the full story.
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| | | Business Insider Intelligence recently spoke with Dan Trigub, head of Uber Health, to discuss how his team built a healthcare organization within a $70 billion tech company. We also delved into what Uber Health's advantages may be over competitors and what's next for the unit. Read More → |
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| | | Enterprise services company IBM announced a blockchain-based supply chain verification network, aptly named "Trust Your Supplier." Read More → |
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| | | Facebook is officially rebranding Instagram and WhatsApp as "Instagram from Facebook" and "WhatsApp from Facebook." Read More → |
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| | | Growth in telemental health visits is outpacing other telemedicine use cases — signaling the sector could be a path to increased revenue for the likes of Teladoc. Read More → |
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| | | Over the past week, we've seen several updates to healthcare policies on Capitol Hill. We break down which healthcare stakeholders are most likely to feel the heat as they go into effect. Read More → |
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| | | Huawei is testing a smartphone powered by an in-house operating system (OS) that could be released before the end of the year. Read More → |
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| | | The Customer Data Right (CDR) legislation passed by the Australian parliament aims to provide a legal framework for the country's open banking regime Read More → |
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| | | Roblox, the free-to-play multiplayer game, has hit 100 million monthly active users (MAU) across 200 countries, eclipsing its biggest rival Minecraft with 91 million MAU. Read More → |
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| | | White House officials revealed that the president is in the process of drafting an executive order in response to the waves of complaints about anti-conservative bias on social media platforms. Read More → |
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| | | Two new automated delivery trials by Postmates and Amazon have been greenlit in California. The separate trials speak to different automation efforts in last-mile delivery — food delivery and package delivery, respectively. Read More → |
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| | | Business Insider Intelligence examines the value of AI applications in three high-value areas of medical diagnosis — imaging, clinical decision support, and personalized medicine — to illustrate how the tech can drastically improve patient outcomes, lower costs, and increase productivity. We look at US health systems that have effectively applied AI in these use cases to illustrate where and how providers should implement AI. Finally, we examine how a leading US health system validates AI partners and internally organizes its AI strategy to offer provider organizations a template for AI innovation. Learn More → |
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| | | Open banking has arrived, and it's transforming the UK's banking landscape — next up could be the world. Regulatory efforts in the UK are transforming retail banking, reshaping incumbents' relationships with customers, and easing entry for fintechs. Business Insider Intelligence identifies monetization strategies incumbents have at their disposal, describes how they can determine the best approach for their specific needs, and outlines actionable steps they need to make their chosen open banking initiative successful. Learn More → |
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| | | Esports, which is short for electronic sports, refers to competitive video gaming watched by spectators. Esports are not as mainstream as traditional sports in the US, but the number of esports fans globally is anticipated to climb 59% over the next five years. This report explains the growth of the esports audience and why it presents an attractive advertising opportunity for brands. It begins by exploring the key drivers and barriers affecting esports audience growth. Finally, it details the benefits of advertising to esports fans and outline the best practices for implementing a successful esports ad campaign. Learn More → |
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US consumers spend more in-store with digital-native retailers. |  |
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US healthcare deals dipped in Q2 2019, but we expect a boom in H2. |  |
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