The 10 stories that defined tech in 2020 - and reveal what to expect in 2021 and beyond
The 10 stories that defined tech in 2020 - and reveal what to expect in 2021 and beyond
Alexei OreskovicJan 1, 2021, 02:47 IST
Michael Kovac/Getty Images for Vanity; Olivia Reaney/Business Insider
2020 is almost over (finally).
But before we close the book on this difficult and eventful year, it s worth reviewing some of the big developments in tech that defined 2020 and will shape the months and years to come.
Readers of the Insider Tech newsletter have followed all the industry s twists and turns in this weekly report (subscribe here to get Insider Tech in your inbox every Wednesday). Highlighted below, in this special edition of this newsletter, are some of the top stories reported by Business Insider s crew of intrepid journalists this past year.
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Though the apparel industry has been especially hard hit by the pandemic, Nuuly URBN s monthly clothing rental service has managed to stay afloat thanks to doubling down on casual apparel and leisurewear.
Nuuly s purchase rate for rented items has increased by 50% since the pandemic began, and though its subscriber base has ebbed and flowed, the company saw an influx of paused accounts return to the service over the summer. People are going to come out of COVID with an appreciation for new experiences and an appreciation for new consumption patterns, said Nuuly President Dave Hayne about the future of rental. They re going to be eager to go see friends and have experiences, and those things line up really nicely with the idea of rental.