Walmart pulls products from key Google services

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This week's highlights: Xfinity Mobile surpasses 1.2 million subscribers, Facebook may integrate messaging app infrastructure , Google is using cameras to help Assistant — but not in the home , and much more
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Walmart has removed its products from Google Express and Google Shopping Actions

Walmart has removed its products from Google Express and Google Shopping Actions, two of the tech giant's retail initiatives, according to Bloomberg.

The retailer brought its products to the Google Express shopping platform late in 2017 as the two aimed to work together to grow e-commerce performance in spite of Amazon's dominance.

Then, in March 2018, Google launched Shopping Actions — an initiative that aims to help retailers make sales across channels by helping their products surface on all devices, creating a universal shopping cart, and allowing consumers to link customer loyalty accounts through Google — with Walmart as one of its first partners.

But the companies' collaboration in those two areas has come to an abrupt end.

Business Insider Intelligence's Daniel Keyes has the full story.
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BRIEFING HIGHLIGHTS

Xfinity Mobile surpasses 1.2 million subscribers

Comcast reported that its mobile service, Xfinity Mobile, now boasts 1.2 million subscribers, per its Q4 2018 earnings call— marking a 20% increase from the 1 million subscribers the service was expected to pass by the end of the year. Read More →

Facebook may integrate messaging app infrastructure

Facebook is considering integrating messaging services across its three distinct messaging apps, WhatsApp, Instagram, and Facebook Messenger, that would be completed by the end of this year or early 2020. Read More →

Google is using cameras to help Assistant — but not in the home

Google is preparing to introduce a new feature, Face Match, to the next version of its Android operating system that will allow Google Assistant to visually recognize who is addressing a phone. Read More →

Acorns is now valued at $860 million

US-based personal finance management (PFM) app Acorns is now valued at $860 million, following a $105 million Series E funding round that included NBCUniversal, Comcast Ventures, Bain Capital Ventures, and BlackRock. Read More →

India's smartphone market is set to erupt

The Indian mobile phone market thrived in 2018, with shipments of feature phones (11%) growing faster than smartphones (10%) for the first time ever. Read More →

Disney and HBO face the hard transition to SVOD

As big media continues to develop direct-to-consumer (DTC) streaming services, companies will face massive and growing investment demands, according to two articles examining the SVOD strategies by Disney and WarnerMedia's HBO. Read More →

Alibaba raked in a record $17B despite slowing growth

Alibaba released its earnings for its fiscal Q3 2019 (ended December 31, 2018), announcing that it reeled in nearly $17.1 billion in revenue for the quarter. Read More →

Walmart has added a section for licensed sports products

Walmart has announced a partnership with Fanatics, a seller of licensed sports merchandise that has licensing agreements with all major North American sports leagues. Read More →

Apple's Q4 earnings hint at streaming video plans

Apple's Q4 earnings gave some clearer hints at the tech giant's plans to accelerate Services growth amid declining iPhone sales, per the company's latest earnings release. Read More →

Court battle sheds light on Amazon, Berkshire, JPMorgan JV

The legal clash between Optum — UnitedHealth Group's thriving health IT arm — and the healthcare joint venture (JV) formed by Amazon, Berkshire Hathaway, and JPMorgan Chase boiled over into court on Wednesday, uncovering new details on the JV's healthcare strategy. Read More →
 
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RESEARCH IN FOCUS

The Online Grocery Report

In the first Online Grocery Report, Business Insider Intelligence looks at a variety of grocers' curbside pickup and grocery delivery options, analyzing how they compare with competitors' strategies, how profitable they are for the grocer, and what their future may be. While companies like Instacart exist that offer online grocery services for other grocers, we focus specifically on companies that sell their own products. Finally, we examine different strategies companies can use to optimize the profitability of their online grocery offerings. Learn More →

Regtech Revisited

This report from Business Insider Intelligence, Business Insider's premium research service, provides a brief overview of the current global financial regulatory compliance landscape, and the regtech industry's position within it. It then details the major drivers that will shift the dial on FIs' adoption of regtech over the next 12-18 months, as well as those that will propel startups offering regtech solutions to new heights. Finally, it outlines what impact these drivers will have, and gives insight into what the global regtech industry will look like by 2020. Learn More →

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. In the Mobile Checkout Benchmark Report, Business Insider Intelligence 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 →
 
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CHARTS OF THE WEEK

Pay-TV a constant in 'consumer-generated bundles'— for now.

Pay-TV a constant in 'consumer-generated bundles'— for now.

European banks focusing on improving product agility amid a changing digital banking landscape.

European banks focusing on improving product agility amid a changing digital banking landscape.

Ford's Q4 earnings underscore the difficulty of monetizing mobility services.

Ford's Q4 earnings underscore the difficulty of monetizing mobility services.
 
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