Abbott gains expanded clearance for Parkinson's treatment

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This week's highlights: Advertisers will spend $5 million for a 30-second Super Bowl ad, FCC green-lights commercial use of the coveted CBRS band, American Express may have reached network parity in the US, and much more
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February 1, 2020
Business Insider Intelligence
Abbott earns expanded FDA clearance for Parkinson's.
Abbott received expanded FDA clearance for its Infinity Deep Brain Stimulation system permitting it to target an additional area of the brain associated with Parkinson's Disease.

The new indication makes Abbott's system the only directional DBS system approved to target all the major brain regions associated with Parkinson's.

And the clearance of Abbott's DBS system opens the door for providers to tailor treatments to PD patients' unique needs.

Business Insider Intelligence's Dane Finley has the full story.
BRIEFING HIGHLIGHTS
Advertisers will spend $5 million for a 30-second Super Bowl ad
As we approach the 2020 Super Bowl, eMarketer outlines what we can expect for the future of advertising in The Next Era of Advertising report bundle.
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FCC green-lights commercial use of the coveted CBRS band
The US Federal Communications Commission cleared the way for full commercial use of the coveted Consumer Broadband Radio Service band.
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American Express may have reached network parity in the US
Amex claims to have reached parity in merchant acceptance with other top card networks in the US – making its rewards more impactful than in the past.
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ZTE and China Telecom build 5G telehealth system for coronavirus
Chinese networking equipment maker ZTE and China Telecom facilitated China's first remote diagnosis of the deadly coronavirus using a 5G network.
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SoFi is partnering with Mastercard to offer a new credit card
SoFi teamed up with Mastercard to bolster its banking product with new benefits including a credit card, cash-back rewards, and cell phone insurance.
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Intel reaps the rewards from its data-centric business makeover
Intel's Q4 earnings indicate growth in its data-centric units as the company reaps benefits of its shift away from consumer-facing product segments.
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Mobile payment acceptance is key to the Chinese tourism opportunity
Both Chinese and international payments firms have much to gain from winning over Chinese tourists with international mobile payment acceptance.
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Three of the UK's most prominent neobanks seek for fresh funding
Starling, Monzo, and Revolut – three of the UK's most prominent neobanks – are all on the hunt for infusions of capital to drive expansion and growth.
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Goldman doubles down on Marcus with checking account
Goldman Sachs plans to roll out a digital wealth management tool this year and a checking account in 2021, both through Marcus.
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Financial institutions have been hit with regulatory fines since 2008
From the financial crisis to the end of 2019, financial institutions racked up fines worth $36 billion globally for noncompliance.
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RESEARCH IN FOCUS
Big Tech in Healthcare
US healthcare players are being forced to move on their digital transformation efforts, and Alphabet, Amazon, Apple, and Microsoft are lending their data prowess and tech-savviness to become attractive partners for the job. This brand new report explores the key strengths and offerings the Big Four tech giants bring to healthcare — and how each is homing their healthcare strategy in on different corners of the market.
Get the full report →
The SVOD Shakeout Report
New branded streaming services – Disney+, HBO Max, and Peacock – are competing with existing players like Netflix, Amazon Prime Video, Hulu. This means subscribers will be harder to attract than ever before. This brand new report details how each new-to-market streaming video service is positioning itself and predicts how services will fare in the SVOD shakeout to come.
Get the full report →
Digital Identity and the Future of Banking
Disruptive digital-only banks, innovative regulations, and shifting consumer demands have made today's banking digital-first — but the benefits of digitization are being held back by identity verification challenges. This report defines digital ID and discusses the technologies used to deliver the solution, and lays out the case for why banks have a compelling reason — and are best suited — to take the lead on digital identity.
Get the full report →
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40 units in 2 years after starting with just $1,000 in his bank account: Here's how Henry Washington went from living paycheck to paycheck to a successful real-estate investor

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"I had no savings — like, none. I had $1,000 in a savings account," Washington said about his venture into real-estate investing.

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February 01, 2020   |   View Online »   |   Learn about BI Prime »
 
40 units in 2 years after starting with just $1,000 in his bank account: Here's how Henry Washington went from living paycheck to paycheck to a successful real-estate investor

40 units in 2 years after starting with just $1,000 in his bank account: Here's how Henry Washington went from living paycheck to paycheck to a successful real-estate investor

"I had no savings — like, none. I had $1,000 in a savings account," Washington said about his venture into real-estate investing.

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Latest trends in medical monitoring devices and wearable health technology

Latest trends in medical monitoring devices and wearable health technology

Wearable medical devices in healthcare can help cut costs and improve patient care. See the latest wearable technology in healthcare devices and what the future holds for this huge market.

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40 units in 2 years after starting with just $1,000 in his bank account: Here's how Henry Washington went from living paycheck to paycheck to a successful real-estate investor

40 units in 2 years after starting with just $1,000 in his bank account: Here's how Henry Washington went from living paycheck to paycheck to a successful real-estate investor

"I had no savings — like, none. I had $1,000 in a savings account," Washington said about his venture into real-estate investing.

Read More »
SoftBank-backed startups are bleeding, as investors tighten up scrutiny over loss-making business models. Here's a running list of all the Japanese giant's major investments in tech.

SoftBank-backed startups are bleeding, as investors tighten up scrutiny over loss-making business models. Here's a running list of all the Japanese giant's major investments in tech.

The Japanese company has invested billions of dollars in dozens of tech startups focused on everything from robotics to food delivery.

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Advertisement
Inside a former Apple manager's $17.5 million Silicon Valley mansion, 'the trophy of Menlo Park'

Inside a former Apple manager's $17.5 million Silicon Valley mansion, 'the trophy of Menlo Park'

The home sits in a ritzy Menlo Park cul-de-sac in Silicon Valley and has a 1,600-bottle wine cellar, six bedrooms, and an expansive pool.

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This 28-year-old makes $500,000 every month playing 'Fortnite' — here's how he does it

This 28-year-old makes $500,000 every month playing 'Fortnite' — here's how he does it

Tyler "Ninja" Blevins makes half a million dollars every month without having to leave the house. Here's how gaming's top streamer does it.

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The Drive Thru: The coronavirus retail effect, Kobe Bryant's resale legacy, and Lowe's pay cuts

The Drive Thru: The coronavirus retail effect, Kobe Bryant's resale legacy, and Lowe's pay cuts

The coronavirus hits retail, and Kobe Bryant's shoes explode on the resale market. Read what happened this week in retail in The Drive-Thru.

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Mark Zuckerberg says he's become 'more religious' after becoming a father in rare public discussion about faith: 'The last few years have been really humbling for me'

Mark Zuckerberg says he's become 'more religious' after becoming a father in rare public discussion about faith: 'The last few years have been really humbling for me'

Facebook CEO Mark Zuckerberg made rare public comments about his faith on Friday, revealing how he has evolved over the past few years.

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A Harvey Weinstein accuser testified that they were in a secret, abusive relationship and gave graphic testimony about his body

A Harvey Weinstein accuser testified that they were in a secret, abusive relationship and gave graphic testimony about his body

Jessica Mann elicited audible gasps in the courtroom when she described sexual encounters with Harvey Weinstein and described his body.

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The LA Lakers left 2 empty seats for Kobe and Gianna Bryant, and gave out 20,000 Bryant jerseys at the emotional first game since his death

The LA Lakers left 2 empty seats for Kobe and Gianna Bryant, and gave out 20,000 Bryant jerseys at the emotional first game since his death

The Los Angeles Lakers played their first game on Friday since Bryant's death, taking on the Portland Trailblazers

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