Flybits nabs $35M to build consumer recommendation engines for the financial sector

Financial service companies like banks have seen some of their business cannibalised over the years with the rise of digital-based alternatives — often in the form of apps — that provide lower fees, faster responsiveness, and more flexibility to consumers. Today, Toronto-based startup called Flybits is announcing $35 million in funding for a platform that […]

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The sheer market threat of mobile is massive. Are you all-in?

In 2018 in the U.S., e-commerce was about 40% of overall retail sales; some reports actually have it significantly lower than that. It’s unquestionably a growth space, however: in the U.S. market, e-commerce and mobile sales — both in-app and purchases made from cell phones — went up 15% from ‘17 to ‘18, and 18% globally.

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Three great opportunities for startups in the entertainment space

Arvin Patel Contributor Share on Twitter Arvin Patel is the chief intellectual product officer at TiVo and an executive vice president at the company. With over-the-top (OTT) changing the way we consume entertainment across devices, most of the media attention is going to the big players trying to elbow their way into the streaming space […]

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Optimizely raises $50M Series D round for its experimentation platform

Optimizely, a platform that offers tools for A/B testing and personalization on the web and in mobile apps, today announced that it has raised a total of $105 million. This includes a $50 million Series D round led by Goldman Sachs Private Captial, with the participation of Accenture Ventures, as well as $55 million line […]

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The current state of telecommunications (and how to maximize it)

Telecommunications (wireless, operators, OTT and others) has been an intense, news-dominating topic recently: China entered the 5G space, which triggered political reactions in the U.S., which in turn created rural area cell phone usage concerns, all of which existed under the possibility of a “new cold war.”

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