Two thirds of people in the UK and US plan to review their savings and investments in the next six months, according to new research. Three in five of those surveyed for the new research from data analytics firm Boobook said they were planning to review their investment and savings goals in the next six […]
Archives for July 2020
Communication collapse: Inside Facebook’s tussle with Brazil’s central bank
Allowing millions of Brazilian users of Facebook‘s WhatsApp to send money as easily as texts seemed a golden opportunity for the world’s largest social media company. The ubiquitous messaging service was finally entering the financial services arena with a payment service in Latin America’s largest economy, after years of questions over how Facebook would make […]
Kitces & Carl Ep 38: Coming Up With Content Ideas That Will Resonate With Your Clients And Prospects
Executive Summary When financial advisors have the urge to create original content for their clients (or with hopes of attracting new ones), the overwhelming volume of resources that are already publicly available for consumers can easily create the impression that there’s nothing new or unique to say… or worse, that no one wants to hear […]
Future-proofing an essential service: How COVID-19 is fast-tracking water’s digital transformation
Digital disruption has been bubbling in the water sector for some time. Now, it is accelerating. In a devastating year, says Al Cho, vice president and general manager of Xylem, one of the few positive developments to emerge from COVID-19 is the fast-tracking of our water infrastructure’s digital transformation. As the coronavirus spread across the globe, frontline […]
Online sellers’ lobby tells Club Factory to clear all pending dues
Illustration: Rahul Awasthi The All India Online Vendor Association (AIOVA), a body representing over 2,000 sellers on various online platforms, has issued a legal notice to Chinese ecommerce firm Club Factory to settle all pending dues within 48 hours, failing which it would initiate legal action against the company. This comes two days after Club […]
Reliance’s Jio TV+ eyes huge disruption in video streaming space with its unified interface
Reliance Jio on Wednesday announced a new content curation platform, Jio TV+ that could potentially alter the content distribution market in the country similar to the way the company disrupted the telecom market. The app will come with a unified interface for all Jio set-top box users and offer a single log-in for 12 video […]
Netflix expands its India content slate with eight new original titles
Netflix has expanded its India slate of original content with eight new titles including six original films and two original series across various genres like thrillers, romantic comedies, and lighthearted dramas. With this, Netflix now has commissioned overall about 50-60 productions in the country, its largest investment in original programming outside the United States. Of […]
Twitter silences some verified accounts after wave of hacks
Multiple high-profile Twitter accounts were hijacked on Wednesday, with some of the platform’s top voices – including U.S. presidential candidate Joe Biden, reality TV star Kim Kardashian, former U.S. President Barack Obama and billionaire Elon Musk, among many others – used to solicit digital currency. Hours after the first wave of hacks, the cause of […]
American Airlines backs calls to extend billions in federal aid through March
A member of a ground crew walks past American Airlines planes parked at the gate during the coronavirus disease (COVID-19) outbreak at Ronald Reagan National Airport in Washington, April 5, 2020. Joshua Roberts | Reuters American Airlines‘ top executives on Wednesday backed efforts to extend billions in federal aid to protect aviation jobs through March as […]
Partnership form being redesigned for 2021
The IRS has proposed adding two new schedules to Form 1065, U.S. Return of Partnership Income, to help standardize the format in which partnerships report international tax items, beginning with tax year 2021, according to a July 14 press release. The proposed changes are intended to simplify the process for partners to compute their U.S. […]