App

Platform Economy: Goldman Sachs investment app, Marcus is launched

Goldman Sachs unveils Marcus Invest robo-adviser in consumer push

Goldman Sachs is launching an automated wealth-management platform to invest customer funds across managed portfolios made up of exchange trade funds for stocks and bonds, the lead...

Platform News: FinTech trading app Robinhood

Robinhood app downloads rise despite trading restrictions

The Robinhood app was downloaded more than any other US trading app last week, despite concerns that its restrictions on transactions involving some heavily shorted stocks such as ...

Platform News: Facebook and WhatsApp messaging service

Reliance to embed e-commerce app into WhatsApp within six months: Mint

Reliance Industries plans to market its e commerce app JioMart into WhatsApp within six months, financial website Mint has reported, as the Indian conglomerate looks to ramp up its...

Siemens

Siemens launches local power trading platform with German utility

German technology group Siemens and utility Allgaeuer Ueberlandwerk (AUEW) have established a trading platform which allows little rooftop solar energy producers to exchange electr...

Triller App

TikTok rival Triller explores deal to go public

Triller Inc, a genuine competitor to current favourite short-video app TikTok, is in talks with blank-check acquisition companies in regards to a merger that would take the US soci...

Platform Industry News: People looking at an iPhone 11

Chinese app allows small glimpse beyond the ‘Great Firewall’

An app established this week at China allows access to a content on Western social media sites long prohibited domestically for example YouTube, signalling the first item with a si...

Paytm

Paytm targets a million apps on its mini app store to take on Google

Alibaba-backed Indian FinTech firm Paytm is aiming to get a million apps onto its own “mini app store” by the first quarter of 2021, it said on Thursday, seeking to cha...

Platform Industry: ByteDance China company building

ByteDance’s Douyin hits 600 million daily users

Douyin, the Chinese version of short-video app TikTok, reach 600 million daily active users in August, an executive with parent company ByteDance stated, a massive 50% increase sin...

Platform Industry News: TikTok smartphone app video streaming

TikTok: This is what happens next

On Thursday, President Trump stated that he does not plan to extend a deadline for ByteDance to market TikTok’s US business, with the process still mired in uncertainty and p...

Platform News: iPhones in a retail store

Russia’s competition watchdog says Apple abused mobile app market dominance

Russian competition watchdog FAS has said that Apple has abused its dominant position in the mobile programs market through its App Store for iOS devices and will issue an order de...

Platform Economy: TikTok smartphone app

TikTok preps its advertisers for possible ban

TikTok is preparing its advertisers of a possible ban of its app in the United States, advertising buyers said.

Grab

Grab expands finance business with consumer loans services and wealth management

Asian ride-hailing business Grab has deepened its financial services push by announcing that it will offer consumer loans services in Singapore and roll-out wealth management produ...

Platform Industry: Microsoft operating system users

Microsoft’s attempt to acquire TikTok endears old company to new generation

Microsoft has emerged as a saviour to young users of TikTok, who praised the technology sector giant for attempting to buy parts of social networking company’s operations, in...

Platform Economy: TikTok smartphone app

Amazon bans TikTok app from employees phones, then reverses the decision

In the span of a few hours on Friday, Amazon banned and then unbanned the TikTok video sharing app from employee mobile devices, calling the move a mistake.