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Showing posts from July, 2019

Didi Chuxing and oil giant BP team up to build electric vehicle charging infrastructure in China

Ride-sharing and transportation platform Didi Chuxing announced today that it has formed a joint venture with BP, the British gas, oil and energy supermajor. to build electric vehicle charging infrastructure in China. The charging stations will be available to Didi and non-Didi drivers. The news of Didi and BP’s joint venture comes one week after Didi announced that it had received funding totaling $600 million from Toyota Motor Corporation . As part of that deal, Didi and Toyota Motor set up a joint venture with GAC Toyota Motor to provide vehicle-related services to Didi drivers. BP’s first charging site in Guangzhou has already been connected to XAS (Xiaoju Automobile Solutions), which Didi spun out in April 2018 to put all its vehicle-related services into one platform. XAS is part of Didi Chuxing’s evolution from a ride-sharing company to a mobility services platform, with its services available to other car, transportation and logistics companies. In June, Didi also opened ...

Education software maker Pearson says data breach affected thousands of accounts in the U.S.

Pearson , the London-based educational software maker, said today that thousands of school and university accounts, mostly in the United States, were affected by a data breach. The company added that it has notified affected users already and that the vulnerability has been fixed. The Wall Street Journal reports that the data breach happened in November 2018 and Pearson was notified by the Federal Bureau of Investigation in March. The perpetrator is still unknown. According to Pearson, unauthorized access was gained to 13,000 school and university accounts on AIMSweb, the company’s student monitoring and assessment platform. The data exposed included first and last names and, in some cases, date of birth and email addresses. Each account could potentially include information about thousands of students. Pearson added that it has no evidence that any of the exposed information was misused. It will offer free credit monitoring services to affected users as a “precautionary measure....

The “world’s largest internet restaurant company” quietly raised $125 million this month

In May, venture capitalist Michael Moritz of Sequoia Capital warned in a Financial Times column that Amazon’s recent $575 million investment in the London-based delivery service Deliveroo could prove ominous for local restaurants. Wrote Moritz: “Amazon is now one step away from becoming a multi-brand restaurant company — and that could mean doomsday for many dining haunts.” Moritz was right to attract more attention to the deal. Deliveroo has begun operating shared kitchens from which it will not simply transport food to customers but eventually prepare it, too . His warning may even have played a role in the recent decision of Britain’s competition regulator to halt work on Amazon’s investment so it can first investigate whether the deal poses competitive concerns. Moritz knows the playbook because of Sequoia’s early investment in Rebel Foods , formerly known as Faasos, a once-small Pune, India-based company that now prepares a variety of foods in its cloud kitchens. As he says...

Revolut launches stock trading in limited release

Fintech startup Revolut is launching its stock trading feature today. It’s a Robinhood-like feature that lets you buy and sell shares without any commission. For now, the feature is limited to some Revolut customers with a Metal card. While Robinhood has completely changed the stock trading retail market in the U.S., buying shares hasn’t changed much in Europe. Revolut wants to make it easier to invest on the stock market. After topping up your Revolut account, you can buy and hold shares directly from the Revolut app. For now, the feature is limited to 300 U.S.-listed stocks on NASDAQ and NYSE. The company says that it plans to expand to U.K. and European stocks as well as Exchange Traded Funds. There’s no minimum limit on transactions, which means that you can buy fractional shares for $1 for instance. You can see real-time prices in the Revolut app. When it comes to fees, Revolut doesn’t charge any fee indeed, but with some caveats. The feature is currently limited to Revolut M...

Calling all hardware startups! Apply to Hardware Battlefield @ TC Shenzhen

Got hardware? Well then, listen up, because our search continues for boundary-pushing, early-stage hardware startups to join us in Shenzhen, China for an epic opportunity; launch your startup on a global stage and compete in Hardware Battlefield at TC Shenzhen  on November 11-12. Apply here to compete in TC Hardware Battlefield 2019 . Why? It’s your chance to demo your product to the top investors and technologists in the world. Hardware Battlefield, cousin to Startup Battlefield , focuses exclusively on innovative hardware because, let’s face it, it’s the backbone of technology. From enterprise solutions to agtech advancements, medical devices to consumer product goods — hardware startups are in the international spotlight. If you make the cut, you’ll compete against 15 of the world’s most innovative hardware makers for bragging rights, plenty of investor love, media exposure and $25,000 in equity-free cash. Just participating in a Battlefield can change the whole trajectory of ...

Someone explain to Joe Biden the difference between a website and a text message short code

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Photo by Scott Olson/Getty Images As Wednesday’s night’s Democratic debate came to a close, Joe Biden somehow confused and combined his campaign website and a text message short code in his closing statement. “Go to JOE 30330 and help me in this fight,” Biden said in his debate night send-off, apparently asking voters to text the number to receive updates from his campaign. But according to a later tweet from Biden’s staff , you weren’t even supposed to text the word “JOE,” but rather “JOIN” to that now viral number. Joe Biden either thinks he's going to be alive in 30330 or he has no idea what his own website is... pic.twitter.com/WqrZhquYmY — Caleb Hull (@CalebJHull) August 1, 2019 “With so much happening on the campaign, we want to make sure you’re up-to-date on... Continue reading… from The Verge - All Posts https://ift.tt/2ZrueiY via IFTTT

Dear Democratic candidates: Yes, I have a Google

Here is a list of last mile delivery companies and startups fighting to ship items same day for less (AMZN, UPS, FDX, XPO, WMT)

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UPS and FedEx have dominated the US logistics industry — in particular, the last mile of delivery , where a courier brings a customer their order. FedEx estimates that more than 95% of all e-commerce orders in the US are delivered by itself, UPS, or the US Postal Service (USPS). BI Intelligence But e-commerce sales are on the rise, leading to a surge in package volume — and legacy shippers don't have the capacity or network to quickly deliver parcels. This has opened cracks in the space and presented a significant opportunity for last mile delivery startups to emerge. See the rest of the story at Business Insider See Also: GM's Cruise is delaying its robotaxi — and it points to problems for AV industry Amazon has quietly ordered 2,000-plus vans to deliver your Prime packages — and UPS and the Postal Service should feel stressed Daimler and Riddle&Code have partnered to produce a blockchain hardware wallet for cars SEE ALSO:  How the rise in e-commerce is presen...

Pete Buttigieg says gig workers should be allowed to unionize during Democratic debate

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Reuters South Bend Mayor Pete Buttigieg said, as president, he would allow gig workers to unionize. "There are people in the gig economy who go through more jobs in a week than my parents went through in their lifetime," Buttigieg said during the debate. "That's why I propose that we allow gig workers to unionize because a gig is a job and a worker is a worker." Organizing among some gig-economy workers is already beginning. Visit Business Insider's homepage for more stories . South Bend Mayor Pete Buttigieg and 2020 Democratic presidential candidate said he would allow gig workers to unionize to "put the interest of workers first." "There are people in the gig economy who go through more jobs in a week than my parents went through in their lifetime," Buttigieg said during the debate when answering a question about trade. "That's why I propose that we allow gig workers to unionize, because a gig is a job and a worker is ...

THE SOCIAL VIDEO REPORT: How social platforms are transforming their video distribution strategies and creating new opportunities for brands (FB, SNAP, GOOGL, AAPL)

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This is a preview of a research report from Business Insider Intelligence . To learn more about Business Insider Intelligence, click here . Current subscribers can log in and read the report here . Business Insider Intelligence Social platforms are ramping up on emergent video formats to drive new and deeper forms of engagement across their sites and apps, yielding new opportunities for brands.   See the rest of the story at Business Insider See Also: Facebook's ad revenue growth slowed in Q2 — here's where its future growth will come from AT&T lost nearly 1 million video subscribers in Q2 due to continued cord-cutting Spotify is tapping into the cultural zeitgeist surrounding true crime to amplify its podcast push from Feedburner https://ift.tt/2FmDixU via IFTTT

12 biggest takeaways from the first of two 2020 Democratic presidential debates in Detroit

One stat explains why Bernie Sanders had to spend the entire debate fending off low-polling rivals

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BRENDAN SMIALOWSKI/AFP/Getty Images We've been polling overlaps in support among the Democratic field.  Candidates who have constituencies that also would be satisfied with Sen. Bernie Sanders as nominee include Andrew Yang , Rep. Tulsi Gabbard , Sen. Elizabeth Warren , Joe Biden , and Marianne Williamson . Only two were on stage. Candidates with bases that don't care for Sanders include Sen. Amy Klobuchar , Rep. Tim Ryan , Gov. John Hickenlooper , Rep. John Delaney , Rep. Beto O'Rourke , and Mayor Pete Buttigieg , all of whom were on stage.  The requirements of the next debate are pushing candidates to establish a lane, and anti-Sanders seems to be an attractive one for a fair share of candidates.  Visit Business Insider's homepage for more stories . During the first night of the second batch of Democratic debates in Detroit, a fairly consistent routine would happen: Sen. Bernie Sanders would be pressed on a policy, then one of a number of rivals who had crit...

How consumers rank the top delivery services in the US — and how they stack up against the growing threat of Amazon (AMZN, FDX, USD)

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The transportation and logistics industry is undergoing a massive shift as a result of surging deliveries. Daily parcel volumes are higher than ever before — but so are customers’ expectations for cheap and fast fulfillment.  BI Intelligence To keep up with mounting demand, retailers and their logistics partners have been racing to develop more efficient processes with experimental supply chain models like crowdsourced delivery — the Uber model in which customers use mobile apps to connect directly with local couriers for on-demand or same-day fulfillment. See the rest of the story at Business Insider See Also: Amazon's faster delivery options caused a 36% spike in Q2 shipping costs GM's Cruise is delaying its robotaxi — and it points to problems for AV industry Daimler and Riddle&Code have partnered to produce a blockchain hardware wallet for cars from Feedburner https://ift.tt/2LfpeXu via IFTTT

Here are the winners and losers of Tuesday's feisty Democratic presidential debate

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BRENDAN SMIALOWSKI/AFP/Getty Images Democratic presidential candidates took the stage in Detroit for the latest round of primary debates Tuesday night. Some candidates received significant screen time, while others faded into the background. Top winners included Sens. Elizabeth Warren and Bernie Sanders , as well as longshot candidates looking for breakout moments like former Rep. John Delaney . Losers failed to make inroads and capitalize on opportunities for breakout moments, such as South Bend Mayor Pete Buttigieg . Visit BusinessInsider.com for more stories. Democratic presidential candidates took the stage in the latest round of primary debates Tuesday night, where struggling campaigns attempted to capitalize on potential breakout moments, while others tried to hold on to top tier status in a massively competitive field.  There are difficult components to producing a successful and memorable debate performance, which can be key to cultivating support and boosting d...

2020 Democrats discuss race in often stark terms during night one of the primary debate in Detroit

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Lucas Jackson/Reuters The 2020 Democratic candidates discussed race in strong and often stark terms at Tuesday's debate, reflecting the central role its taking in the primary ahead of next year's presidential race. Author Marianne Williamson said that the water crisis in Flint was the "tip of the iceberg" and said that the city where she lives would never have experienced a public health emergency of that scale. Former Rep. Beto O'Rourke brought up the legacy of slavery, saying that the US only reached this point of relative prosperity on the labor of black Americans. Other candidates like Sen. Amy Klobuchar said she would try to Trump appeal voters who may have been motivated by economic anxieties rather than racism. Visit Business Insider's homepage for more stories. The 2020 Democratic candidates discussed race in strong and often stark terms at Tuesday's debate, reflecting the central role its taking in the primary ahead of next year's p...