What to read today: The Rise of Amazon Advertising: Amazon is increasingly ramping up on ad offerings across its ecosystem, in a mounting bid to lure ad dollars away from platforms like Google and Facebook, YouTube, traditional TV, and the connected-TV device maker Roku. This report examines how and why Amazon's ad business is growing as it diversifies its various ad products across its ecosystem..
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February 22, 2020
Business Insider Intelligence
Walmart is shuttering its personal shopping service, Jetblack.
Jetblack used a combination of professional shoppers and AI to send consumers product recommendations and fulfill orders via text message.

The service will stop handling orders after February 21, after which Walmart will bring some of Jetblack's technology and design team into its organization, laying off 293 of Jetblack's approximately 350 employees in the process.

Integrating learnings and technologies from Jetblack, such as tools to enhance the product discovery experience, could still benefit Walmart – and would match its recent moves to restructure its e-commerce business.

Business Insider Intelligence's Daniel Keyes has the full story.
BRIEFING HIGHLIGHTS
Oppo joins ranks of smartphone vendors pursuing custom SoCs
Oppo is joining smartphone vendors pursuing custom chipsets to give it an alternative to Qualcomm, which could offer it two distinct benefits.
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Roku's Q4 earnings underscored its position as an early leader in the connected TV market
Roku has had success monetizing its engagement — its ad business is rising after expanding ad capabilities and introducing new formats.
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Exclusive Interview with Verizon's SVP of Technology and Planning
We interviewed Verizon's Adam Koeppe, Senior Vice President of Technology and Planning, to explore how his team is approaching digital transformation.
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Samsung's 5G chip contract with Qualcomm will help it diversify revenue streams
Samsung's 5G chip contract with Qualcomm is a boon to its strategic transition to less competitive business segments..
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The EU rejects Facebook's content moderation proposal
The European Union rejected Facebook's vision of the responsibility internet companies should have for moderating content on their platforms.
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N26's exit from the UK gives competitors an immediate boost
Monzo, Starling, and Monese are seeing surges in transfers and users as displaced customers of N26 seek a new bank.
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Fiserv, PayCore, Samsung, and Visa partnered on a mPOS solution
Fiserv, PayCore, Samsung, and Visa have developed a mobile point-of-sale solution that can accept contactless payments without additional hardware.
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Monzo plans to hire 500 new employees and launch paid premium accounts this year
Monzo plans to increase its headcount to more than 2,000 this year in addition to launching paid premium accounts this quarter.
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Dish's $10 billion 5G build-out budget likely won't be enough to build a standalone cellular network
Dish's chairman used the company's Q4 earnings call to address concerns that $10 billion would not be enough to build a standalone 5G network.
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Amazon is on its way to opening its own grocery store
Amazon is developing a new grocery store that appears to be similar to conventional grocery stores, but its digital capabilities could set it apart.
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RESEARCH IN FOCUS
The Rise of Amazon Advertising
Amazon is increasingly ramping up on ad offerings across its ecosystem, in a mounting bid to lure ad dollars away from platforms like Google and Facebook, YouTube, traditional TV, and the connected-TV device maker Roku. This report examines how and why Amazon's ad business is growing as it diversifies its various ad products across its ecosystem.
Get the full report →
AI in Telecommunications
For many global telecoms, shoring up market share under today's pressures while also future-proofing operations means having to invest in AI. This report will discuss the forces driving firms to AI, pinpoint some of the top use cases of AI along the customer journey, and identify some of the leading companies in the space.
Get the full report →
Global Small Business Neobanks Report
Business Insider Intelligence explores the key factors driving an explosion of neobank activity in the SMB segment and the strategies these upstarts are leveraging to capture shares of this lucrative banking vertical.
Get the full report →
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