Technology

Facebook Inc. Chief Executive Officer Mark Zuckerberg

Zuckerberg calls for global internet regulations to address harmful content

International News       Mar 31, 2019

  Facebook Inc. Chief Executive Officer Mark Zuckerberg called for new global regulations governing the internet on Saturday, recommending overarching rules on hateful and violent content, election integrity, privacy and data portability.   In a statement that was also published as an op-ed in the Washington Post,...

Employers Using Robots to Catch Fraud in Expense Reports

International News       Mar 26, 2019

It sounds like it should have been impossible to miss, but it took more than a year for an industrial equipment company to discover $12,000 worth of doggie day spa charges on an employee’s expense reports.   Level upon level of corporate management also failed to...

Digit Insurance crosses 2 mn customers in 16 months

Indian News       Mar 26, 2019

  Bangalore:  Digit Insurance today announced that it crossed a landmark achievement of two million customers within a short span of 16 months of operation.   During the tenure the company has also closed more than 30,000 claims this March 2019 with 92% claim settlement ratio for...

Hélène Stanway, digital leader at AXA XL 

Internet of Things: Value for Insureds 

Articles       Mar 24, 2019

  The Internet of Things is transforming the way we live and work. And we believe it can change the way risk is managed and underwritten.   Last year, the number of connected “things” surpassed the number of human beings on the planet. Many of us live...

Facebook admits to storing passwords in plain text on internal servers

International News       Mar 21, 2019

    Facebook on Thursday admitted that millions of passwords were stored in plain text on its internal servers, a security slip that left them readable by the social networking giant's employees. .   "To be clear, these passwords were never visible to anyone outside of Facebook and...

U.S weighs bids for putting Automated Vehicles on roads

International News       Mar 20, 2019

  The U.S. National Highway Traffic Safety Administration said Friday it was seeking public comment on General Motors’ 15-month-old petition seeking approval to deploy a limited number vehicles on U.S. roads without steering wheels or other human controls.   The agency also disclosed that Softbank-backed driverless delivery...

WHO panel for strong international governance on human genome editing

International News       Mar 20, 2019

  Geneva: The World Health Organization’s new advisory committee on developing global standards for governance and oversight of human genome editing has agreed to work towards a strong international governance framework in this area.   “Gene editing holds incredible promise for health, but it also poses some...

Most Americans continue to be very afraid of Self-Driving cars: Survey

International News       Mar 15, 2019

  Seven in 10 Americans don’t want to go anywhere near self-driving cars.   The portion of Americans who fear autonomous vehicles—71 percent in the American Automobile Association’s(AAA) latest survey—is virtually unchanged from a year ago and up eight percentage points from 2017. While public skepticism isn’t...

Boeing to upgrade 737 MAX stall prevention system in 10 days: Source

International News       Mar 15, 2019

  NEW YORK: Boeing will roll out an upgrade to the software in the MCAS stall prevention system on the 737 MAX aircraft that have had two deadly accidents in recent months, an industry source told AFP.    The system was implicated in the crash of a...

Binny Bansal, co-founder of Flipkart

Binny Bansal and others invest $ 65 mn in Acko general insurance

Indian News       Mar 13, 2019

  Bengaluru: Tech based general insurer Acko has raised $65 million in its Series C financing round, from Binny Bansal, co-founder of Flipkart; RPS Ventures, led by KabirMisra, ex-managing partner at Softbank; and Intact Ventures Inc. – corporate venture arm of Canada’s largest property & casualty...

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