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Former President Donald Trump addresses the Conservative Political Action Conference in Orlando, Florida. Joe Raedle/Getty Images Trump spoke at CPAC on Sunday in his first major speech since leaving the White House last month. The former president hinted at a 2024 run and railed against President Joe Biden. We fact-checked his false statements, including his claim that he won the 2020 presidential election. Visit the Business section of Insider for more stories . Former President Donald Trump spoke at the Conservative Political Action Conference in Orlando, Florida on Sunday, his first speech since leaving the White House last month. During his remarks, Trump hinted at a 2024 run, said he would not be forming a new party, and targeted Republicans who had supported his impeachment. He criticized the Democrats, cancel culture, and big tech - and especially President Joe Biden. He also made a number of statements that were false or misleading. We've fact-checked them here...

Lime said Monday it has allocated $50 million towards its bike-share operation, an investment that has been used to develop a new ebike and will fund its expansion this year to another 25 cities in North America, Europe, and Australia and New Zealand.  If the company hits its goal, Lime’s bike-share service will be operational in 50 cities globally by the end of 2021. The latest generation e-bike, known internally as 6.0, has a  swappable battery that is interchangeable with Lime’s newest scooter. Additional upgrades to the e-bike include increased motor power, a phone holder, a new handlebar display, an electric lock that replaces the former generation’s cable lock and an automatic two-speed transmission. The new bikes are expected to launch and scale this summer.  The hardware upgrade builds off of the 5.8, a bike developed by Jump that was supposed to be deployed in 2020. That never happened at scale because Uber, which owned Jump, offloaded the unit to Lime as pa...

Mohamed Hussein Bule, 27, who teaches science at a refugee camp in Kenya. Paul Odongo for MSF For people living with diabetes in the developing world, a lack of electricity can hamper access to insulin.  But a project in Kenya has shown that insulin can be maintained in hot climates without refrigeration. Researchers, calling it a breakthrough, are urging the World Health Organization to amend its guidelines.  Visit the Business section of Insider for more stories . For people living with diabetes in the developing world, getting daily life-sustaining doses of insulin has gone hand in hand with access to electricity. Once a vial is opened, manufacturers recommend storing it in a refrigerator until it expires, which is usually after four weeks. But an estimated 470 million people around the world who don't have access to electricity and fridges for food and medicine, making it difficult to store insulin at home. But now, a new program could help revolutionize trea...

Sen Bernie Sanders speaks at a news conference alongside other top Democrats. Tom Williams/CQ Roll Call Senior Democrats tossed out a backdoor plan to raise the minimum wage to $15 an hour, per a person familiar with the decision. The proposal was ditched as Democrats appeared reluctant to finalize a complex plan that could delay stimulus passage. Experts said the backup plan risked being inefficient at raising hourly wages. Visit the Business section of Insider for more stories . Senior Democrats are abandoning their backdoor $15 minimum wage proposal, leaving a wage hike in doubt as they scramble to enact a $1.9 trillion stimulus plan within two weeks. Sens. Bernie Sanders (I-Vermont) and Ron Wyden (D-Oregon) were in the midst of drafting a plan to levy a 5% tax on the payrolls of large corporations that don't compensate workers below an unspecified wage. It would be paired with tax credits to incentivize small businesses to raise their employees' wages. The sen...

Microsoft gets a new leader for its Greater China business. Yang Hou, a former executive at Qualcomm, will take over Alain Crozier as the chairman and chief executive officer for Microsoft Greater China Region, according to a company announcement  released Monday. More to come… from TechCrunch https://ift.tt/3kvK87n via IFTTT

New York Gov. Andrew Cuomo Lev Radin/Pacific Press/LightRocket via Getty Images New York Gov. Cuomo says his behavior towards women was "misinterpreted as unwanted flirtation." Two former aides have accused Cuomo of sexual harassment.  Cuomo said New York Attorney General Letitia James will now lead the investigation. Visit the Business section of Insider for more stories . New York Gov. Andrew Cuomo said his behavior towards women had been "misinterpreted as unwanted flirtation" after allegations of sexual harassment had been made against him.  In a statement released on Sunday, Cuomo said he never inappropriately touched or propositioned anyone, but said he made jokes that he thought were funny, both in public and in private. "I have teased people about their personal lives, their relationships, about getting married or not getting married. I mean no offense and only attempt to add some levity and banter to what is a very serious business," ...

Hi and welcome to Insider Advertising for March 1. I'm senior advertising reporter Lauren Johnson, and here's what's going on: Walmart hunts for a new ad agency. Beyond Meat's deal with McDonald's. Netflix's diversity study. If this email was forwarded to you, sign up here for your daily insider's guide to advertising and media. Tips, comments, suggestions? Drop me a line at LJohnson@insider.com or on Twitter at @LaurenJohnson. A Walmart personal shopper using the handheld device. Walmart Walmart will shop around for an agency to handle its US media business, one of the ad industry's biggest prizes Patrick Coffee and Claire Atkinson report that Walmart is shopping for a new agency to handle its US ad-buying business. The development could be a big hit to advertising giant WPP, which has had the business for four years. It also comes as Walmart bulks up its own ad business to compete with Amazon, Google, and Facebook. Read the stor...

Skydio has raised $170 million in a Series D funding round led by Andreessen Horowitz’s Growth Fund. That pushes it into unicorn territory, with $340 million in total funding and a post-money valuation north of $1 billion. Skydio’s fresh capital comes on the heels of its expansion last year into the enterprise market, and it intends to use the considerable pile of cash to help it expand globally and accelerate product development. In July of last year, Skydio announced its $100 million Series C financing , and also debuted the X2, its first dedicated enterprise drone. The company also launched a suite of software for commercial and enterprise customers, its first departure from the consumer drone market where it had been focused prior to that raise since its founding in 2014. Skydio’s debut drone, the R1, received a lot of accolades and praise for its autonomous capabilities. Unlike other consumer drones at the time, including from recreational drone maker DJI, the R1 could track a t...

Japanese space startup Gitai has raised a $17.1 million funding round, a Series B financing for the robotics startup. This new funding will be used for hiring, as well as funding the development and execution of an on-orbit demonstration mission for the company’s robotic technology, which will show its efficacy in performing in-space satellite servicing work. That mission is currently set to take place in 2023. Gitai will also be staffing up in the U.S., specifically, as it seeks to expand its stateside presence in a bid to attract more business from that market. “We are proceeding well in the Japanese market, and we’ve already contracted missions from Japanese companies, but we haven’t expanded to the U.S. market yet,” explained Gitai founder and CEO Sho Nakanose in an interview. So we would like to get missions from U.S. commercial space companies, as a subcontractor first. We’re especially interested in on-orbit servicing, and we would like to provide general-purpose robotic solu...

President Donald Trump addresses the Conservative Political Action Conference held in the Hyatt Regency on February 28, 2021 in Orlando, Florida. Joe Raedle/Getty Images During his CPAC speech, Donald Trump accused big tech of censorship. He said section 230 should be repealed and that states should act if the federal government won't. Trump said states should sanction Twitter, Google, and Facebook if they "silence conservative voices." Visit the Business section of Insider for more stories . During his speech at the Conservative Political Action Conference on Sunday, former President Donald Trump encouraged states to "punish" big tech if they "silence conservative voices." Trump spoke on the final day of CPAC in Orlando, Florida. It was his first public speech since leaving the White House last month. "All of the election integrity measures in the world will mean nothing if we don't have free speech," Trump said. "If rep...

Former President Donald Trump speaks at the Conservative Political Action Conference in Orlando, Florida on February 28, 2021. Joe Raedle/Getty Images Former President Trump shut down the rumors of possibly creating a new political party. "We have the Republican Party," he said. "It's going to unite and be stronger than ever before." The WSJ previously reported that Trump had considered forming a "Patriot Party." Visit the Business section of Insider for more stories . Former President Donald Trump on Sunday firmly shut down the rumors of him possibly creating a new political party outside of the GOP. In January, The Wall Street Journal reported that Trump had discussed launching a new party, the "Patriot Party," with several close aides and trusted friends. However, the former president threw cold water on such talk at the outset of his speech at the Conservative Political Action Conference (CPAC) in Florida. "We're no...