CB Insights - how to challenge Apple

Hi there,

• TikTok will officially file a lawsuit against the US government this week. Trump issued 2 executive orders earlier this month that banned transactions with the app and directed owner ByteDance to divest from its US operations. Read more about how China-based ByteDance made TikTok one of the world’s most popular apps here.
   

• Big software cos like Snowflake and Asana are unveiling their S-1 filings as early as this week, ahead of September trading debuts. Amid Covid-19 uncertainty, major tech stocks have pushed the S&P 500 to record levels and tech cos are taking advantage of bull season to IPO: Unity Technologies revealed its filing today, but keep an eye out for Palantir’s and Airbnb’s S-1s. We predicted that Unity, Snowflake, Asana, and Airbnb would go public this year — and name other contenders — in this report.
   

• Apple may terminate all of Fortnite maker Epic Games’ developer accounts on Friday. Apple banned Fortnite for violating App Store guidelines after Epic added a direct payments option into the game. In response, Epic, which has been publicly backed by Microsoft, filed an antitrust lawsuit against the tech giant. Apple has had numerous spats with developers in recent years, but we take a look at how Apple once leveraged its influence with the developer community to bring down another tech heavy hitter in this report.

Living is expensive

Nearly a quarter of Americans have skipped medical care due to high costs. 

As part of our ongoing series on the post-Covid world, we dive into how telehealth is enabling patients to receive quality care at a lower cost and shaping the healthcare industry on the whole.

Duet this

TikTok will host its first shoppable livestream this week to sell limited-edition clothing. Given the pandemic, retailers are scrambling to find new ways to sell goods. 

For a deeper look at how retail is adapting, sign up for tomorrow’s webinar, when we’ll go through the latest investment trends in retail tech. Even if you can’t make it, register anyways and we’ll send you the good stuff after.

Doing the impossible

The fully virtual Future of Health (September 23-25) is just under 1 month away.

In addition to 30+ fireside chats with industry leaders, demos by 25 Digital Health 150 companies, and presentations by CB Insights analysts, Future of Health will offer a wide range of additional features to increase the knowledge, connections, and fun (yes, fun) you take from the event.

• 1:1 meetings
• Attendee-hosted meetups
• Virtual reality networking

Plus more including: themed happy hours, kids content, health fun fact contests, yoga and meditation breaks, and tons and tons of prizes for audience participation.

Register here and save $300 with code FUNATFOH.

Banking on it

Approximately 70% of consumers are unbanked or underbanked in Southeast Asia, according to a report by Bain, Google, and Temasek.

Expert Intelligence clients can see 110+ startups looking to make financial services more accessible in the region here.

I love you.

P.S. We're hiring a customer success manager (West Coast). Check out all the job specs here.