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10 things you need to know before the opening bell

10 things you need to know before the opening bell

Associated PressHere is what you need to know. 1. Iran has vowed revenge on the US after Trump's airstrike killed its top military commander. Qassem Soleimani has died in a US airstrike. Though Iran is militarily weaker, it could still harass and punish the US with unconventional warfare. 2. Oil surges and global stocks sink…
Silicon Valley Bank, known for lending to tech founders and investors, is making a bold move to beef up in wealth management (SIVB)

Silicon Valley Bank, known for lending to tech founders and investors,...

Silicon Valley Bank's private banking and wealth advisory units have been hiring fresh senior talent in recent months, and tapped industry veteran Yvette Butler in 2018 to head up those business lines."Clients are already here. We've helped them grow their fund or business — and I see our role as private bank and wealth advisory…
CASE STUDY: How Zurich UK worked with a chatbot solutions provider to boost its digital user experience and improve customer satisfaction

CASE STUDY: How Zurich UK worked with a chatbot solutions provider...

Business Insider Intelligence produces case studies to help you understand how companies in your industry are transforming to digital.All of our case studies are unsponsored and published solely at the discretion of the research team.To read the full case study, check to see if you already have access to Business Insider Intelligence through your company,…
The head of Merrill Lynch says the massive wealth manager has no interest in buying a robo-adviser — knocking out one big possible route for digital wealth startups (BAC)

The head of Merrill Lynch says the massive wealth manager has...

The head of Bank of America's wealth management business, among the largest in the US, said on Wednesday that his unit was not planning to acquire a robo-adviser. Investment-focused tech startups "mainly had their heyday in the mid 2010s and learned some hard lessons along the way," the Deloitte Center for Financial Services said in a…
Some of San Francisco’s robot-run restaurants are failing. It could simply be that we still want to be served by humans, not machines.

Some of San Francisco’s robot-run restaurants are failing. It could simply...

Customers wait to pick up their Eatsa orders from the automat's futuristic pickup windows in San Francisco in 2016. Melia Robinson/Tech Insider A trend in food automation has swept the country in recent years.The San Francisco Bay Area has seen a high concentration of robot-run restaurants, but some of them have failed.It may simply be…
The incredible life of Kobe Bryant, the 41-year-old basketball legend who died in a helicopter crash on Sunday

The incredible life of Kobe Bryant, the 41-year-old basketball legend who...

Kobe Bryant in November 2019. Frazer Harrison/Getty Images NBA legend Kobe Bryant died in a helicopter crash on Sunday in Calabasas, California. Eight other people died in the crash, including his 13-year-old daughter Gianna.Bryant and his daughter are survived by his wife, Vanessa, and three children: Bianka, Natalia, and Capri.Kobe Bryant was known for his…
23andMe just laid off 100 employees as the DNA-testing ‘fad’ ends

23andMe just laid off 100 employees as the DNA-testing ‘fad’ ends

23andMe is laying off 100 amid a slowdown in the consumer genetics market, CNBC first reported Thursday. The layoffs hit departments across the organization in an effort to scale back on work that isn't core to the consumer testing and therapeutics businesses, a company spokesman told Business Insider.It's happening at a time when sales of genetics…
Lawmakers hammered a Facebook VP over misinformation on its platform and loopholes in its ban on deepfakes (FB)

Lawmakers hammered a Facebook VP over misinformation on its platform and...

House lawmakers pressed a Facebook executive over the spread of misinformation on the platform during a committee hearing Wednesday.Representatives questioned Facebook's decision to fact-check rather than remove false information published on its platform, as well as loopholes in its ban on deepfakes.Facebook had announced the new deepfake ban just one day before the hearing.Monika Bickert,…
TikTok’s first transparency report says China made 0 censorship or information requests in the first half of 2019, while the US made 86

TikTok’s first transparency report says China made 0 censorship or information...

Social media startup TikTok has published its first ever transparency report, which shows how many times any government or law enforcement agency asks that content be removed or hand over information about users.TikTok claimed the Chinese government did not make any content removal or information requests for the first half of 2019. It said the…
LG is partnering with automotive software firm Cerence to develop an AI-powered connected car platform

LG is partnering with automotive software firm Cerence to develop an...

This story was delivered to Business Insider Intelligence Connectivity & Tech subscribers earlier this morning.To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here.South Korean tech giant LG Electronics partnered with US automotive software firm Cerence to create an AI-powered connected car platform. David Ramos/Getty Images…

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Future iPad Pro tablet to adopt landscape mode as design default according to Apple...

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China’s central bank bans all crypto transactions, Bitcoin price falls

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