How the rise in e-commerce is presenting opportunities for new entrants to challenge UPS and FedEx in last-mile deliveries
- Outside of the US Postal Service (USPS), FedEx and UPS have dominated the domestic logistics industry — and in particular, the last mile of delivery — for decades.
- Amazon presents the biggest near-term threat to UPS and FedEx's duopoly due to its size, strategic position in the e-commerce market, and wealth of logistics infrastructure.
- In The Delivery Challenger Report, Business Insider Intelligence identifies the four companies that pose the largest threats to UPS and FedEx's duopoly in the US last-mile delivery market.
- Lastly, we outline concrete steps each of them must take if they hope to maximize their footprint in the market and peel away business from UPS and FedEx. The companies mentioned in this report include: Alibaba, Amazon, Deliv, DHL, FedEx, Postmates, Uber, UPS, USPS, and Postmates.
Startups Born of Flint’s Water Crisis
- Rossmaessler points to local resources like the 100K Ideas program, the Factory Two makerspace, and the Ferris Wheel, a co-working space that opened in 2017 in a long-vacant downtown building.
- According to data from Square, the payment processing company whose services are popular with small businesses and startup retailers, there’s been a 40 percent net increase in Flint businesses that use the company’s service in the five years since the water switch.
- Lev Hunter, the 34-year-old founder of the Flint coffee and tea business The Daily Brew, is another homegrown entrepreneur with a community mission.
- Nowadays, she parlays years of experience in retail management into I’m Building Something, a consulting business serving Flint-area entrepreneurs.
- Community organizers and advocates held a day of events at the water treatment plant and the state capitol in Lansing to highlight the unfinished business of the recovery effort.
fuboTV inks Discovery deal, adds 13 more networks to its live TV streaming service
- Live sports streaming service fuboTV is expanding further into non-sports content with today’s news that it’s inked a new multi-year deal with Discovery, Inc. that will bring 13 Discovery television networks to its service over the weeks ahead.
- The new additions will include Discovery Channel, TLC, Investigation Discovery, Animal Planet, OWN: Oprah Winfrey Network and MotorTrend — all of which will be available on fuboTV’s $54.99 per month base package.
- While fuboTV’s core focus is still on live streaming sports content, the service has been steadily expanding its lineup to include more non-sports content over the past couple of years.
- In addition to the Scripps channels and the soon-to-come Discovery networks, fuboTV has also forged deals with Cheddar, CBSN, CBS Sports Network, The CW, Pop, Viacom, and others in the past couple of years.
What HPE’s Acquisition of Cray Means for the Supercomputer Industry
- HPE’s planned purchase of Cray for $1.3 billion, announced on May 17, is a good, strategic move because it gives the company access to Cray’s innovative, high-end high performance computing technology and expands its access to customers in government and meteorological organizations, as well as the academic, manufacturing, and oil and gas markets, Gartner analyst Chirag Dekate told Data Center Knowledge.
- The company was also trying to make further inroads into the enterprise market, and HPE has experience and enterprise customers at a time when many businesses are recognizing the need to invest in HPC for AI, data analytics, and other business operations, such as marketing and ERP.
- IDC Research Director Peter Rutten told Data Center Knowledge that the acquisition is a positive move for HPE, whose customers will benefit because the HPC market (which IDC calls Massively Parallel Computing) is poised to take off, particularly as enterprises increasingly adopt HPC.
This is how insurance is changing for gig workers and freelancers
- The gig economy is becoming a core element of the labor market, pushed to the fore by platforms like Uber and Airbnb.
- Gig economy workers are freelancers, such as journalists who don't work for one publication directly, freelance developers, drivers on platforms like Uber and Grab, and consumers who rent out their apartments via Airbnb or other home-sharing sites.
- A number of insurtech startups — including UK-based Dinghy, which focuses on liability insurance, and US-based Slice, which provides on-demand insurance for a range of areas — have moved to capitalize on this new segment of the labor market.
- While every consumer needs health insurance, there are already a number of insurtechs and incumbent insurers that offer policies for individuals.
- The companies mentioned in this report include: Airbnb, Deliveroo, Dinghy, Grab, Progressive, Slice, Uber, Urban Jungle, and Zego.
YouTube weighs changes to how it handles children's content
- Washington, DC (CNN Business) - YouTube is weighing a number of changes to its handling of content for children following pressure from inside and outside the company, according to a person familiar with the matter.
- YouTube is also in the late stages of an investigation by the Federal Trade Commission concerning its handling of children's videos, according to a report Wednesday by The Washington Post, citing four people familiar with the matter.
- At Google, YouTube has found itself in the crosshairs amid concerns that the platform's video-recommendation software directs viewers toward violent, disturbing or conspiratorial content.
- Users, including children, may start viewing safe content and then be led to less appropriate videos that have been optimized for YouTube's algorithm.
- Sundar Pichai, the CEO of Google, defended YouTube's recommendation algorithm in a recent interview with CNN.
Avocado chunks recalled in 15 states after a bag tests positive for listeria
- Nature's Touch Frozen Foods has recalled bags of frozen avocado chunks over a possible listeria contamination.
- The recall covers 12-ounce bags of Signature Select frozen avocado chunks with a "best before" date of October 11, 2020.
- It was distributed in 15 states at the following stores: Albertsons, Safeway, Safeway Community Markets, Carrs-Safeway, Eagle, Lucky, Pak N Save, Pavilions, and Vons.
- The states where the product was sold include Alaska, Arizona, California, Colorado, Hawaii, Idaho, Nebraska, Nevada, New Mexico, Oregon, South Dakota, Washington, Wyoming, Texas, and Utah.
- Listeria monocytogenes can cause serious and sometimes fatal infections in young children, frail, or elderly people, and others with weakened immune systems.
- Symptoms of infection include high fever, severe headache, stiffness, nausea, abdominal pain, and diarrhea.
The rise and fall of NXIVM: How a so-called self-help company crumbled after allegations of being a secretive cult that abused sex slaves led to its leader being convicted
- But over the last year and half, the organization has fallen apart after a New York Times exposé alleged that female members were branded and used as sex slaves by the group's founder, Keith Raniere.
- Several women who were in the group told The Times that the organization inside NXIVM consisted of distinct circles, each led by a "master" who would control a number of sex slaves.
- As Raniere faced criminal charges, longtime member Clare Bronfman — a multimillionaire heiress to the Seagram's liquor fortune — took control of the organization, The Post said.
- Allison Mack told the New York Times Magazine that it was her idea to brand members of the alleged sex cult.
- At a Brooklyn hearing, prosecutors alleged that Raniere had sex with a 15-year-old girl who later became a "sex slave," The Cut reported at the time.
THE EVOLUTION OF THE US NEOBANK MARKET: Why the US digital-only banking space may finally be poised for the spotlight
- Neobanks, digital-only banks that aren't saddled by traditional banking technology and costly networks of physical branches, have been working to redefine retail banking in major markets around the world.
- That's largely because of an onerous regulatory regime, which has made it very difficult to obtain a banking license, and the entrenched position incumbents hold in the financial lives of US consumers.
- Navigating the tedious and costly scheme for obtaining a banking charter and appropriate approvals has been a major stumbling block for the country's digital banking upstarts.
- In The Evolution of the US Neobank Market, Business Insider Intelligence maps out the factors contributing to this shifting tide, examines how key players are positioning themselves to take advantage, and explores how incumbents can embark on their own digital transformations to stave off disruption.
This $250, Alexa-enabled universal remote makes it extremely simple to control all your living-room devices in one place — here's why we think it's worth every penny
- The Express aims to streamline control over your home theater by integrating Amazon's Alexa and simplifying the remote face, differentiating itself from the previous Logitech Harmony Elite, which offers users control over every tiny detail in the room with a lot of buttons.
- Once you've completed the set-up process in the app and made sure everything switches on when needed, you should be good to go — and you'll be able to use Alexa to control your devices.
- The Logitech Harmony Express is an excellent universal remote option for those that feel comfortable using their voice with Alexa to control living-room devices.
- The Express flawlessly ties together all the devices in your living room or home theater, doing away with the need for multiple remotes for different components of your setup, and simplifying it into a process even your grandparents could understand.