5 Key Stories From The Digital Worlds
November 14
BY NABYL CHARANIA
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