What to read today: The Smart City Journey Report: As populations and urbanization continue to rise, many cities are turning to technology to help them manage resource constraints. This report takes a deep dive into the evolving smart city solutions market. We size the smart city partnership opportunity, define the five key indicators of smart city development, and detail the three phases of smart city frameworks..
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June 13, 2020
Business Insider Intelligence
The latest efforts from Google and Slack to expand their enterprise workspace portfolios.
The workplace collaboration space is growing rapidly, and no single provider is dominant — especially since companies aren't loyal to just one service.

This fragmentation is driving enterprises to look increasingly toward centralized platforms that can facilitate all of their employees' communication and productivity needs.

To stay relevant in these conversations, Slack recently joined forces with AWS to enhance video conferencing on its platform and help developers better manage their AWS resources, and Google introduced a new tool designed to promote social interaction in the workplace.

Business Insider Intelligence's Rayna Hollander has the full story.

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BRIEFING HIGHLIGHTS
Remote learning leaves many US students behind
Remote learning presents an opportunity for big tech and telecoms, but early research suggests students aren't learning as well in virtual classrooms.
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Facebook's newest political scandal still won't hurt its ad business
Facebook is facing another scandal over its refusal to remove a post by Trump — but it's unlikely to affect Facebook's ad business or engagement.
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Goldman Sachs pauses new accounts for Marcus UK
Goldman Marcus UK is temporarily halting new account opening for its easy-access high-yield savings account in the face of a surge in deposits.
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Shoppers return to stores but rising numbers of coronavirus cases loom
Reopened Macy's stores are bringing in 50% of their pre-pandemic sales levels, outpacing its expectation of only attracting 15% of earlier sales.
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Affirm has launched a high-yield savings account, positioning itself to compete with neobanks
Affirm announced the launch of Affirm Savings, its high-yield savings account, coming with a 1.30% annual percentage yield.
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Mastercard is reaching the next phase of recovery
Mastercard's US switched volume has almost stopped decreasing as payments volume in some markets may be set to pick up.
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OnDeck sets June loan restart date amid alt lender difficulties
OnDeck is aiming to resume loan operations in June amid an extended challenging period for alt lenders exacerbated by the pandemic.
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Facebook's new chatbot advancement could fuel social commerce ambitions
Facebook researchers released a new technical paper that provides a glimpse into their progress improving chatbots for shopping.
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Starbucks is closing up to 400 North American stores, focusing instead on takeaway-focused locations
Starbucks is reimagining some store concepts several years ahead of schedule to meet shifting customer needs amid the pandemic.
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Amazon and Goldman Sachs partner on SMB lending
Amazon is partnering with Goldman Sachs to launch a digital credit line for its US sellers through the bank's digital-only banking offshoot, Marcus.
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RESEARCH IN FOCUS
The Smart City Journey Report
As populations and urbanization continue to rise, many cities are turning to technology to help them manage resource constraints. This report takes a deep dive into the evolving smart city solutions market. We size the smart city partnership opportunity, define the five key indicators of smart city development, and detail the three phases of smart city frameworks.
Get the full report →
US Mobile Wallets in 2020 and Beyond
An overall uptick in US consumer time spent on smartphones is trickling down to payments and commerce and driving volume in three core categories: mobile commerce (m-commerce), mobile peer-to-peer (P2P) payments, and mobile proximity payments. This report sizes the mobile payments market and identifies what''s driving growth in these key areas.
Get the full report →
Personal Finance Managements
The diversity of today's Personal finance management (PFM) market illustrates the value that a wide range of providers see in developing such offerings. Business Insider Intelligence gives an overview of the major categories of players shaping the PFM market today.
Get the full report →
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