These were the top smart home trends at CES

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This week's highlights: Monzo is prepping for a US launch , PayPal sees a twelvefold boost in revenue in India , Verily raises $1 billion , and much more
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These were the top smart home trends at CES

The 2019 Consumer Electronics Show (CES) just wrapped in Las Vegas, and tech companies of all stripes were unveiling their latest smart home devices. A few trends stood out as developments that will define the segment this year:
  • Companies are finding ways to integrate AI voice assistants into the home without dedicated devices.

  • Despite the rising prominence of voice, it isn't always enough, and companies are responding by building screened smart home devices.

  • More companies are adding support for all of the major smart home ecosystems.
Business Insider Intelligence forecasts total US smart home devices will exceed 1 billion by 2023, and this growth will depend on companies continuing to innovate and build links between various devices.

Research analyst Peter Newman has the full story.
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BRIEFING HIGHLIGHTS

Monzo is prepping for a US launch

UK neobank Monzo has started to prepare for its launch in the US, according to sources familiar with the matter. The neobank has already set up a small team in the US to help lay the groundwork of bringing Monzo to the country. Read More →

PayPal sees a twelvefold boost in revenue in India

Revenue from PayPal's India business grew twelvefold during the 2018 fiscal year to reach Rs 260 crore ($37 million), up from Rs 21 crore ($3 million) during the previous year, according to The Economic Times. Read More →

Verily raises $1 billion

Verily, the life sciences arm of Google-parent company Alphabet, raised $1 billion from investors to support its healthcare play beyond research. Read More →

The Indian government announces new e-commerce regulations

The government has now clarified that there will be no restriction on the sale of private labels, seemingly contradicting the original policy, Business Standard reports. Read More →

Robinhood is getting closer to a UK launch

US-based commission free trading app Robinhood has quietly begun recruiting for a new office in London in preparation for an eventual launch in the UK, reports TechCrunch. Read More →

Kroger and Microsoft are partnering on store tech

Kroger and Microsoft have joined forces to design new technology for brick-and-mortar grocery stores, including digital shelves and smart sensors. Read More →

5G-powered connected devices shined at CES

Devices with 5G connectivity were the chief focus at the conference this year, with Qualcomm and Intel making announcements that are poised to transform various industries. Read More →

Daimler has abandoned platooning

The trucking industry today is in a bind. Surging package volumes and a shrinking driver supply makes it difficult for companies to meet demands in a timely way. But a split is emerging in the industry as to whether platooning is still a viable technology. Read More →

N26 just earned unicorn status

German neobank N26 has raised a $300 million Series D funding round. This brings N26's funding to date to over $500 million and its valuation to $2.7 billion, making it the latest fintech unicorn, as well as one of the highest-valued fintechs in Europe. Read More →

Google announced a number of new devices and capabilities for its AI assistant at CES

The search leader is looking to establish a broad market of devices in all sorts of categories that feature its Assistant in order to provide consumers with constant access to the AI — even if they don't have their phones on them. Read More →
 
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RESEARCH IN FOCUS

The Mobile Checkout Benchmark Report

Mobile commerce (m-commerce) isn't just the future of online shopping — it's absorbing more and more e-commerce in the present. Business Insider Intelligence projects m-commerce will account for nearly 40% of US online sales by 2023, totaling $447 billion. This report scores the mobile checkout experience of top e-commerce marketplaces — which includes every action from the moment a consumer chooses a product to the final purchase when they add the product to their cart and check out — to determine the current leaders in the space. Learn More →

The Edge Computing Report

Edge computing allows companies to gain more control over the data their IoT devices create and in reducing their reliance on (and the costs of) cloud computing. This report examines how edge computing is reducing companies' reliance on cloud computing in three key industries: healthcare, telecommunications, and the automotive space. We explore how these systems mitigate issues in each sector by helping to efficiently process growing troves of data, expanding the potential realms of IoT solutions a company can offer, and bringing enhanced computing capability to remote and mobile platforms. Learn More →

AI in Banking and Payments

This report cuts through the hype to offer an overview of different types of AI, and where they have potential applications within banking and payments. It also emphasizes which applications are most mature, provides recommendations of how FIs should approach using the technology, and offers examples of where FIs and payments firms are already leveraging AI. The report draws on executive interviews Business Insider Intelligence conducted with leading financial services providers, such as Bank of America, Capital One, and Mastercard, as well as top AI vendors like Feedzai, Expert System, and Kasisto. Learn More →
 
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