Metromile CEO Dan Preston Winni Wintermeyer Ford is giving new car buyers a way to save money on insurance now that millions of Americans are working from home and driving less than they were before the coronavirus hit the U.S. The automaker said Thursday it is partnering with start-up insurer Metromile to give drivers easier access […]
Archives for September 2020
TomTom releases new tech for autonomous vehicles to better manage roads and weather
Despite reservations regarding the safety of self-driving automobiles, there’s an anxiousness to see them on the road, not just for novelty, but for traffic abatement. Image: metamorworks, Getty Images/iStockphoto Autobahn, Germany. Hana Highway, Maui. Pacific Coast Highway. Tianmen Mountain Winding Road, China. Tichka, Morocco. Furka Pass, Switzerland. All roads are not created the same, and […]
Facebook bans BJP politician Raja Singh for his post containing hate speech
Under pressure for weeks over its handling of hate speech, Facebook on Thursday banned BJP politician T Raja Singh from its platform and Instagram for violating its policy around content promoting violence and hate. “We have banned Raja Singh from Facebook for violating our policy prohibiting those that promote or engage in violence and hate […]
Zomato secures $62 million funding from existing investor Temasek
Zomato has raised Rs 456 crore or $62 million from Singapore’s state investment arm Temasek Holdings, regulatory filings sourced from Tofler show. The transaction was made from MacRitchie Investments, a unit of Temasek, and an existing investor in Zomato. The food ordering and restaurant discovery platform was valued at about $3 billion, according to people […]
Finance leaders search for opportunities as outbreak drags on
Altman sees opportunity in the logistics sector as companies reinvent their supply chains, including investment in new delivery hubs. But Welch Equipment’s revenues are down from last year — partially a result of the sales cycle, but also a slowdown for some clients’ facilities. “What has curtailed us is the companies who have really not […]
BharatPe displays ‘Indian’ tag, dares Paytm, PhonePe
There is a full-blown fight among India’s leading digital payments firms over which is a more “Indian” product, with the matter now reaching the RBI. BharatPe, a merchant payments startup, has been distributing flyers and pamphlets showing Paytm with Chinese flags and PhonePe with US flags, implying it’s the only ‘Bharatiya’ or ‘Indian’ company. There […]
Facebook neutral towards all political parties, say company representatives
A team of Facebook representatives on Wednesday claimed the social media platform is neutral towards all political parties when it deposed before the parliamentary standing committee on information technology for allegedly allowing display of hate content on its site. The Shashi Tharoor-led panel questioned the Facebook team, led by its India head Ajith Mohan, for […]
Twitter confirms PM Modi’s personal account hacked
Twitter on Thursday confirmed that the Twitter account linked to Prime Minister Narendra Modi‘s personal website was hacked by a group that claimed to be John Wick, in the first profile takeover since the cyber breach on the micro blogging platform in July. The account has since been restored. “We’re aware of this activity and […]
Tiger & Kora in $250M Zomato funding round
Illustration: Rahul Awasthi Zomato has roped in two new investors — Tiger Global and Kora Capital — in an ongoing funding round valuing the food ordering and restaurant discovery platform at around $3 billion, according to people aware of the development. The company has raised around $250 million collectively from Tiger, Kora and Singapore’s sovereign […]
Intuit Executive to Present at the Citi 2020 Global Technology Virtual Conference
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Greg Johnson, executive vice president and general manager of Intuit’s (Nasdaq: INTU) Consumer Group, will participate in a fireside chat at the Citi 2020 Global Technology Virtual Conference, on Wednesday, September 9. The fireside chat will begin at 12:20 p.m. PDT/3:20 p.m. EDT and will be available live via audio webcast […]