Pandemic increases activity for fintech companies

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With everyone stuck at home, any business that aims to replace brick and mortar activity with electronic transactions has a change to gobble up new busness.

That’s certainly the case with the fintech business area, as more people look to manage money electronically and avoid going to the bank. And we’re seeing more activity in that area as companies like Paypal and Venmo see a surge in new sign-ups.

  

Twitter gets serious about video

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Twitter is introducing a new program that will enable users to monetize videos they post on Twitter. The program is quite attractive with a 70/30 revenue split in favor if the user, and the program is also non-exclusive. This will provide real incentives for celebrities and others with large Twitter followings to use Twitter for their videos along with YouTube and other platforms. Maybe the Twitter brass is finally figuring out how to monetize their users.

  

Internet growth is slowing

Mary Meeker’s latest report has generated a lot of buzz as she points out how Internet growth is slowing, which has significant ramifications for parts of this industry such as smartphone sales.

While this saturation means certain aspects of the Internet market are maturing, it also points to the reality that the connectivity of the modern world. The prevalence Internet infrastructure is affecting many other industries and cultures as connectivity alters things such as our politics along with countless businesses.

  

Facebook is dominating the mobile market

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Give Mark Zuckerberg credit – he realized Facebook was behind when it came to mobile and he forced his company to adapt quickly. It’s reminiscent of Bill Gates coming to terms with the web back in the 90s.

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Do we have a new tech bubble?

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There’s been plenty of hot air lately over the notion of whether we have another tech bubble on our hands. Like most topics these days, much of this is driven by the need to talk about something to fill airtime and drive clicks.

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