Mobile devices

The digital babysitter generation

Illustration: Lazaro Gamio/Axios

Parents are relying more than ever on digital babysitters and device-led playtime to entertain their children — and the wide range of content is making it increasingly difficult to monitor what their kids are seeing.

Why it matters: This goes beyond the old challenges of kids watching too much TV. Modern parents struggle to keep up with the immense variety of kids programming across a multitude of apps. Plus, controlling what kids are exposed to on platforms like YouTube can feel like an unwinnable battle with algorithms.

Mobile banking heats up

Illustration: Sarah Grillo/Axios

American banks are minting money. In 2018, they made $237 billion in profits, bringing their average return on assets to an extremely healthy 1.35%. That's up from 0.97% in 2017. With banking so profitable, a lot of new players are looking to get in on the game, or to increase their market share.

The big picture: In a tech-obsessed world, a broad range of institutions have decided that the future of banking lies in apps. The logic is simple: Increasingly, Americans want to bank on their phones, rather than in expensive-to-maintain branches, so banks should give them what they want.