November 14 – 5 Key Stories From The Digital World

By November 14, 2019 Insight

1. Google wants to be your new bank

  • plans to offer checking accounts in 2020 through a project nicknamed Cache
  • Citigroup and a credit union at Stanford University will both handle the accounts and feature the most prominent branding
  • meant to add value for customers, shops and the banks themselves with services like loyalty programs

2. HP launches 3D printing as a service models

  • Volkswagen said has completed a production run with 10,000 parts produced with HP 3D printers
  • bet is that industrial customers will adopt the as-a-service model for additive manufacturing
  • outlined a base subscription service (3DaaS) that features automatic replenishment of supplies, billing and usage tracking and on-site support

3.  Convoy raises $400M at $2.7B valuation amid trucking recession and Uber Freight competition

  • Convoy, Uber, and other startups are aiming to disrupt a $800 billion U.S. trucking industry
  • Convoy is helping move tens of thousands of truckload shipments per week across the U.S. and has doubled its volume in the past year
  • Truck drivers download Convoy’s free app to find work without going through brokers who typically use emails and phone call

4. Artist Capital Management raises $100 million fund to invest in esports

  • It’s another sign that investors believe that competitive gaming will eventually outgrow traditional sports
  • aimed at getting institutional investors a chance to reap some of the potential rewards of esports investments
  • believes that esports revenue — at $900 million in 2018 — has significant potential to expand in comparison to traditional sports leagues

5. Warner Bros.’ new brand is a glimpse at the future of entertainment

  • proliferation of streaming content has widened the studio’s pool of competition beyond other movie studios to include Netflix, Hulu, and similar services
  • going forward this will make the ways in which fans watch Warner Bros. as diverse as the studio’s creative portfolio itself
  • differentiated it from other big studios and established its place in a world of digital networks