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(via VentureBeat)

A new Android version has arrived, and that means we can start watching paint dry. Per Google’s Platform Versions page, the latest and greatest version of the company’s mobile operating system took more than two months to hit a whopping 0.3 percent adoption.

Google started rolling out Android 7.0 Nougat to Nexus devices in August. To be fair, the company’s new Pixel phones, which ship with Android 7.1, haven’t been on sale for a month yet. Still, the latest major version of Android typically takes more than a year to become the most-used release, and Nougat’s… Continue reading

(via Business Insider)

Jeff Bezos Flickr / James Duncan Davidson

Amazon Web Services is vastly overpowering its competition in the cloud computing market, says Synergy Research Group.

In its latest quarterly analysis, the market research firm says that AWS accounted for 45% of the revenue generated by public "infrastructure as a service" (IaaS) providers.

IaaS is the cloud market that Amazon helped to pioneer. It’s where companies rent computers and storage over the internet, only paying for what they use.

In the IaaS market, AWS is bigger than the next three players combined, which are Microsoft, Google… Continue reading

(via HBR.org…)

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How competitive is our market economy? Not as much as it ought to be. And the growth of big data threatens to make things even worse. Antitrust regulators already struggle to keep markets competitive. How will they fare in a world where intelligent pricing algorithms subtly collude with one another?

Before we get to how pricing algorithms might collude, it’s worth reviewing the state of antitrust regulation in the U.S. We are increasingly realizing the market failures and shortcomings of U.S. antitrust policy over the past 30 years. In April 2016 the… Continue reading

(via Business Insider)

Challenger BanksBII

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Although the US still trails far behind Europe in its number of digital challenger banks, more are starting to join the ranks.

The latest is MemoryBank, a national, digital-only subdivision of incumbent Republic Bank & Trust Company, that launched on Tuesday

MemoryBank’s first product is a high-yield account with checking services. The account has a 1% annual percentage yield and offers an additional 0.5% on all deposits for the first year — returns the… Continue reading