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Traditional banks may be in trouble due to digital banking

<i>The BI Intelligence Content Marketing Team covers news & research we think you would find valuable.</i><p>More millennials are moving toward digital banking, and as a result, they're walking into their banks' traditional brick-and-mortar branches less often than ever before.<p>This generation accounts for …

Banking

Get ready to say farewell to a lot of electric cars

Since then, the EV market has been dominated by the single significant survivor, Tesla, and by the experiments of the major automakers. The best-known example of the latter is probably the Nissan Leaf.<p>But various other all-electric cars and plug-in hybrids dot the automotive landscape. And they …

General Motors

Google and Facebook are destined to wage a decade-long war for the future

Back in April, Facebook CEO Mark Zuckerberg unveiled his grand ten-year roadmap, showing the company's trajectory from now through 2026.<p>Here's that slide again, in case you missed it:<p>It points the way to Facebook's ideal future: A world where everybody's connected to the internet, where we talk to …

3 reasons why chain restaurants are struggling

America is losing its appetite for chain restaurants.<p>The health of the restaurant industry, as measured by the National Restaurant Association's Restaurant Performance Index, hit its lowest level since 2013, thanks to declines in same-store sales and customer traffic. Only 30% of restaurant …

Prepaid card users will finally be protected from fraud and crazy fees

If you’ve been out of touch with the FinTech market recently you may have missed how popular prepaid cards have become. This is especially true when it comes to “open-loop” cards, which are prepaid cards powered by a processor like Visa or MasterCard that can be used anywhere a credit or debit card …

The data revolution

Jean-Baptiste Dumont Contributor<p>Jean-Baptiste Dumont is a partner at European VC Serena Capital.<p>The internet was a revolution because it reorganized a large part of the economy and society around the network structure, becoming a fantastic medium for commerce, finance, power and culture. It also …

Zuckerberg teases a prototype standalone Oculus VR headset

Facebook CEO Mark Zuckerberg took to the stage today at the Oculus Connect developers conference and showed off a taste of the company’s mobile VR future.<p>The hallmark feature of the new prototype standalone headset is positional tracking. In a brief demo video, the headset appeared to be a modified …

Oculus Touch motion controllers ship December 6 for $199

After making us wait more than 16 months, Oculus finally clued us into some more details on their Touch motion controllers for the Rift virtual reality headset.<p>Oculus CEO Brendan Iribe announced onstage at the company’s third annual Oculus Connect developer conference that Touch will be arriving …

Oculus shows off Facebook Messenger video calls in virtual reality

Onstage at the Oculus Connect 3 conference, Facebook CEO Mark Zuckerberg answered a Facebook Messenger video call from his wife while in the new social VR environment.<p>It appears that Facebook is finally confident enough with its VR arm that it’s willing to promote cross-network compatibility. The …

Reminder: We’re meeting tonight in São Paulo, Brazil

Can’t wait to see you all tonight in São Paulo. We’ll be meeting at Cubo tomorrow at 7pm until 10pm. There will be free booze and some finger food and I’d love to see you there.<p>This is basically a micro-meetup — an opportunity to talk about your startup and network. No agenda, no speeches and no …

Brazil

Uber, Lyft hit with injunction in Philadelphia (updated)

Ride-sharing apps’ rumble with regulation keeps on clocking up the mileage. Both Uber and Lyft have been hit with a court injunction banning their activity in Philadelphia, following complaints by the local taxi industry.<p>Local media reports the injunction against the pair was ordered by a Common …

Whether it’s Disney, Amazon, or Apple, someone’s definitely going to buy Netflix

Peter Csathy Contributor<p>Peter Csathy is Chairman of CREATV Media, a media innovation and advisory firm and the author of “Media 2.0 (18): An Insider’s Guide to Today’s Digital Media World & Where It’s Going”.<p>More posts by this contributor:<p>Ten predictions for digital media in 2018<br>• Netflix should be …

Smart TV

Poland builds a solar-powered bike path that glows a ghostly blue

Poland can do some cool stuff. To wit: this cool bike path in a town called Pruszków. The path is made of a light-emitting material that charges in the sun and can glow for up to 10 hours in the dark, bathing cyclists in a calming blue glow.<p>The company that made it, TPA sp. z o.o is an engineering …

Maserati is targeting 2020 for a production EV

The electric vehicle bandwagon has long left the station thanks to Tesla, but Maserati still wants to get on board. The high-end carmaker might be behind the curve when it comes to announcing its electric vehicle plans, but it’s looking like the Fiat-Chrysler-owned company will manage to ship a …

Netflix’s theater deal is a small step for subscriber growth and a big leap toward an Oscar

Yesterday, Netflix announced a new theater distribution deal with iPic Entertainment, a theater chain with 15 locations throughout the country.<p>The deal will put 10 Netflix original films (a substantial portion of Netflix’s original films this year) in iPic’s New York and Los Angeles theaters. …

Los Angeles

Google researchers aim to prevent AIs from discriminating

Garbage in, garbage out — that’s always been a rule of computing, and machine learning systems are no exception. These elementary AIs only know what we tell them, and if that data carries a bias of any kind, so too will the system trained on it. Google is looking to avoid such awkward and …

Machine Learning

Online food delivery still presents a $210B market opportunity

<b>Editor’s note:</b> <i>Eric Kim is co-founder and CEO of RushOrder, an L.A.-based mobile food ordering startup.</i><p>I wrote last year about the broad, secular shift to online food ordering, and the significant capital inflows into the space that we were seeing. Fast-forward a year, and we’re now looking at a …

Crunch Report | Verizon wants $1 billion discount on Yahoo deal

<b>Today’s Stories</b><p>Report: Verizon wants $1 billion discount after Yahoo privacy concerns<br>• Facebook launches standalone “Events” discovery and calendar app<br>• Poland builds a solar-powered bike path that glows a ghostly blue<br>• Carriers are offering replacements for Note 7 replacements in wake of latest …

Electric Vehicles

Government’s refusal to recognize the rise of independent contractors is hurting the economy

The workforce of the 21st century has been changing for years. Government, only recently perceiving the movement from a traditional workforce to an independent contractor model, is stifling innovation and hurting workers in the process.<p>From Boston to Seattle, we are seeing a myriad of impulsive …

Administrative Law

How blockchain can change the music industry

Since the 1999 launch of Napster’s music-sharing platform, the music industry has been in near-constant turmoil, its timeline marked with dipping revenues, lack of transparency, piracy problems and feuds over the fair distribution of dividends.<p>Music companies hate streaming services. Streaming …

Samsung addresses concerns over Galaxy Note 7 replacement issues

Samsung’s media arm continues code red damage control in the wake of the latest report surrounding a faulty Galaxy Note 7. The incident, which occurred on a Southwest flight earlier this week, further complicates the matters for several reasons beyond the already troubling fact that it played out …

Why an unhackable mobile phone is a complete marketing myth

David Jevans Contributor<p>David Jevans is vice president of mobile security at Proofpoint and chairman of the Anti-Phishing Working Group.<p>The mobile security market is taking flight due to high-profile hackings, but is there such a thing as an unhackable phone? Especially one that costs as much as …

Tesla to unveil “unexpected” new product October 17

Tesla will unveil something on Monday October 17, according CEO and founder Elon Musk. It’ll be a new product, he said in a Tweet on Sunday, which will be “unexpected by most,” and which will be separate from a Tesla/SolarCity product unveiling on the 28th.<p>Musk previously teased the October 28 …

INNOVATE2016: The dark confessions of a lifelong Republican entrepreneur

Andrew Keen Contributor<p>Andrew Keen is the author of three books: Cult of the Amateur, Digital Vertigo and The Internet Is Not The Answer. He produces Futurecast, and is the host of Keen On.<p>More posts by this contributor:<p>Facebook co-founder says its rise reveals the fault lines destroying the …

Tesla fights back as Michigan goes to new lengths to shut company out

Americans can’t buy Tesla vehicles in four US states, but in Michigan the company has been boxed out entirely. Is it fair to consumers? Tesla says no<p>In the city that put America on wheels, in a state whose largest city is synonymous with automobile manufacturing, one auto company has been …

Tesla

Decisão do Supremo aproxima Lula da cadeia

Ao manter a porta da cadeia aberta para os réus condenados na primeira e na segunda instância do Judiciário, o Supremo Tribunal Federal estreitou o …

Novos smartphones empolgam cada vez menos, indica pesquisa

Se você é daqueles que reclamam que a Apple não está mais inovando tanto nos novos iPhones, saiba que a impressão atinge também outras marcas. …

Odebrecht obteve repasse de R$ 350 mi da Caixa pela Arena Corinthians

A Caixa Econômica Federal realizou uma transferência secreta de R$ 350 milhões à construtora Odebrecht em 2014, por ocasião de um rombo milionário …