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Robinhood offers users compensation for outages

What to read today: Tesla, Apple, and Ford are stepping up to address global shortages of ventilators, hand sanitizer, face masks, and gowns. Here's a running list of companies helping out. US gas prices fall below $2 per gallon for the first time in 4 years amid COVID-19 outbreak, crude price war. Goldman Sachs slashes forecasts for next quarter, now sees 34% GDP contraction and 15% unemployment. And much more.

March 31, 2020 Hi Folks. Robinhood is offering users compensation after major outages it suffered earlier this month. A few users reported that the compensation was $75, though Robinhood said some levels were higher, and that it was reaching out to users on a case-by-case basis. Offering compensation can help Robinhood avoid a legal battle and make amends with customers — but it might not be enough in all cases. And regardless of whether this move succeeds in mending some customer relationships, the real focus for Robinhood should be avoiding outages in the future. Shelagh Dolan Head of Content Get the Full Story Here → TODAY'S RESEARCH HIGHLIGHTS BANKING US neobank Moven shutters as the coronavirus dries up funding Moven, an early entrant to the US neobank market, is closing all accounts on April 30 after funding fell through due to the coronavirus pandemic. Read More → CONNECTIVITY & TECH As China factories reopen, supply chains are still mired in uncertainty Tech companies have seen their production facilities in China reopen, but the persistence of broader supply chain uncertainty will slow their return. Read More → DIGITAL HEALTH The coronavirus is set to hike up employers' healthcare spending The coronavirus is projected to hike up employers' healthcare costs by as much as 7% in 2020, an estimate based on potential severities of outbreaks. Read More → DIGITAL MEDIA Facebook and Google are offering ad credits and grants for small businesses Google and Facebook will offer small businesses who advertise with them, and some news publishers, some relief in the form of ad credits and grants. Read More → FINTECH Robinhood is offering users compensation after major outages Robinhood is offering users compensation for the outages it suffered earlier this month, and is reaching out to users on a case-by-case basis. Read More → PAYMENTS & COMMERCE Cash App, Venmo, and Zelle offered to distribute US stimulus payments Cash App, Venmo, and Zelle are offering to help the US government send stimulus payments to consumers so that it can quickly reach more citizens. Read More → DID YOU KNOW... Join your peers and receive leading market research The world's top companies rely on an eMarketer PRO subscription for a comprehensive view of digital marketing, media, and commerce. Find out if eMarketer PRO is right for your business! Request a quote REPORT OF THE DAY Global Small Business Neobanks Report Business Insider Intelligence explores the key factors driving an explosion of neobank activity in the SMB segment and the strategies these upstarts are leveraging to capture shares of this lucrative banking vertical. Get the full report → eMarketer Research in Focus It's our mission is to bring you the most important insights, data and analysis from the digital world. So when we come across outstanding research from our partners, we like to make sure you hear about it. Canada's News Media Tries to Regain Trust During COVID-19 Outbreak At a time when reliable information about the coronavirus is critical, Canadians are increasing their TV news viewership and consumption of digital news media. The actions of Canada's traditional news media—both broadcast and daily news online—could lead to greater audiences. Learn More → What to Read Today Tesla, Apple, and Ford are stepping up to address global shortages of ventilators, hand sanitizer, face masks, and gowns. Here's a running list of companies helping out. US gas prices fall below $2 per gallon for the first time in 4 years amid COVID-19 outbreak, crude price war. Goldman Sachs slashes forecasts for next quarter, now sees 34% GDP contraction and 15% unemployment. How to mitigate mild symptoms of COVID-19 at home, according to doctors. Apple just bought the beloved weather app Dark Sky, and it's shutting down the Android version. FOLLOW US Email sent to: geefunk007.bond@blogger.com Manage your email preferences  |  Unsubscribe  |  Terms of Service  |  Privacy Policy © 2020 Insider Inc. 1 Liberty Plaza, New York, NY 10006