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• These 5 factors are fueling a massive transformation in banking Summary List Placement This is a preview of recent Banking research from Business Insider Intelligence. Business Insider Intelligence offers even more banking and finance coverage with Banking Pro. Subscribe today to receive industry-changing banking news and analysis to your inbox. Want more Banking research? Here's how to get access: Sign up for Banking Pro, Business Insider Intelligence's expert product suite tailored for today's (and tomorrow's) decision-makers in the financial services industry, delivered to your inbox 6x a week. >> Get Started Join thousands of top companies worldwide who trust Business Insider Intelligence for their competitive research needs. >> Inquire About Our Enterprise…
• 10 digital media companies that are hot acquisition targets, including TheSkimm and FuboTV Summary List PlacementWith two of the best-known names in digital media — BuzzFeed and HuffPost — now united, speculation abounds as to which digital media outlets might be acquired next.   BuzzFeed insiders say the company is looking to acquire more companies. Meanwhile, Special Purpose Acquisition Companies and private equity firms are also circling the sector. "There's no shortage of capital, so dealflow should be plentiful," media analyst Alex DeGroote said of digital media. Aside from some of the big marquee names, "there are likely to be rollup plays for all the subscale sub-$15 million to $20 million businesses," said Karen McCormick,…
• Amazon PS5 customers who got Nerf guns and air fryers instead of the PS5s they ordered are now being sent replacement consoles Summary List PlacementAmazon UK customers whose PlayStation 5 pre-orders never arrived are now being offered replacement consoles. On November 19, the console's UK launch day, dozens of shoppers took to social media to say their PS5 consoles never arrived despite being marked as delivered by Amazon. Some said they instead received random products, including a coffee machine, a foot massager, and cat food. Amazon now appears to be shipping new consoles to some affected customers. Push Square journalist Anthony Dickens, who received a Nerf gun in place of a PS5, and freelance journalist Bex April May, who received an air…
• Pelosi and Schumer ditched the secret COVID-19 stimulus plan they sent direct to Mitch McConnell when they publicly backed the $908 bipartisan package instead Summary List PlacementHouse Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer abandoned a secretive COVID-19 stimulus proposal when they publicly backed a $908 billion bipartisan bill.  The pair had quietly taken a proposal directly to Senate Majority Leader Mitch McConnell on Monday night, The Washington Post reported.   Its details were unclear, with Schumer calling it a "private proposal" which the two leading Congressional Democrats made in the hope of edging closer to an agreement.  But the idea was dropped when Pelosi and Schumer released a joint statement backing a separate $908 billion plan set out by a bipartisan group…
• China is already targeting Joe Biden and his team, a top US intelligence official warned, calling it an attack 'on steroids' Summary List PlacementChina has already started targeting President-elect Joe Biden and his team, a top US intelligence official warned Wednesday. Speaking on a panel at the Aspen Institute's virtual Cyber Summit, Bill Evanina, director of the US National Counterintelligence and Security Center, said his agency had expected the attack, and that China is conducting its operation "on steroids." "We've also seen an uptick, which was planned and we predicted, that China would now revector their influence campaigns to the new administration," he said. "And when I say that — that malign foreign influence, that diplomatic influence plus-or-on steroids — we're…