This state-of-the-art device reflects the company's dedication to...
Category:
Technology
Latest
India Inc raises concerns over draft Digital Competition Bill
"The bill will impact various sectors and domains of the digital...
Consumer Affairs Secy cautions e-commerce on ‘unfair’ dark patterns
Nidhi Khare, Secretary, Consumer Affairs ``Various ways to refrain...
Panel probing deadly south Indian gas leak finds LG Polymers negligent
“There were no proper preventive mechanisms to avert such incidents and the warning siren facility was also not in order,” the Andhra Pradesh government statement on the committee’s findings said
Audi, EnBW to turn electric car batteries into grid support tools
Electric vehicle battery recycling and reuse has become a priority for car and battery makers while renewable energy companies face the problem of how to absorb surpluses of wind and solar power to avoid waste and disruption to the stability of grids, slowing the transition to purely carbon-free energy systems.
SoftBank-backed Lemonade raises $319 million in IPO
Lemonade, started in late 2016, says it has digitized the entire insurance process, replacing brokers and paperwork with algorithms. It says it provides insurance policies to homeowners and renters in as little as 90 seconds and claim payments in three minutes.The IPO values Lemonade at $1.6 billion. That is less than the $2.1 billion it was valued at last year, after it raised $300 million in a funding round led by Japan’s SoftBank and which included insurer Allianz SE and Alphabet Inc’s venture capital arm GV. Lemonade has pursued breakneck revenue growth at the expense of widening losses.
Cybersecurity top priority for Indian CIOs post Covid-19 pandemic:Adobe
“As we rapidly moved from functioning in an increasingly-digital world to one that is digital-only, CIOs have had to pivot their strategies to prioritise the online needs of their customers and employees,” said Scott Rigby, Head of Digital Transformation, Adobe Asia Pacific.
Nearly 98 per cent of organisations across India have seen Covid-19 impact business functioning, with CIOs facing challenges in helping their teams to communicate effectively and having the right technology deployment to ensure smooth business continuity.
AIIMS partners IIT-Delhi to launch app for patients needing plasma therapy
“This app will act as a bridge between patients seeking plasma therapy and are moderately and severely symptomatic and donors who have recovered from COVID-19 and have completed 28 days post recovery,” Dr Verma explained.
AGCS embarks on global overhaul to regain profitability and market leadership
Joachim Mueller, AGCS CEO since December 2019, said “We will now focus our entire business under a new strategic direction. We will put technical excellence in underwriting before growth, simplify and strengthen our global model to ensure that we think and act as one team, and become more efficient, leaner and faster – benefitting us and our clients. Our joint ambition is set high: The ‘New AGCS’ will be the market leader in our target segments. We expect to see significant profitability improvements of our underwriting results from 2021 onwards and aim to achieve the full turnaround and transformation of our company by 2024.”
Car crashes deadlier as drivers speed during lockdowns:Study
-Police in New York said they were aware of the increased speeds and had deployed additional patrols. Data from traffic analytics company INRIX shows speeds in New York City increased 44% from 28 miles (45 km) per hour in April last year to 41 miles (66 km) per hour this April.
– Speeding offenses increased 187% in London during the lockdown compared to the same period a year ago, Cox said, but extreme speeding offenses increased even more — by 236%.
– Despite the overall drop in collisions and fatalities, the fatality rate among crashes was 70% higher in France.
India bans 59 apps including TikTok,WeChat on security concerns
The Indian Cyber Crime Coordination Centre, Ministry of Home Affairs, has also sent an exhaustive recommendation for blocking these malicious apps, the statement said, adding that there has been a strong chorus in the public space to take strict action against apps that harm India”s sovereignty as well as the privacy of citizens.
Didi installs V2X equipment in Shanghai, begins test robotaxi service
Didi last month completed a more than $500 million fundraising round for its autonomous driving unit, which has more than 400 staff globally.It is using vehicles with the Volvo, Lincoln and BYD marques in the current test.
Three-year-old WeRide, which is backed by Nissan, Renault and Mitsubishi, is testing cars in Guangzhou and has installed some V2X equipment in its test area.
Japanese startup creates ‘connected’ face mask for coronavirus new normal
The white plastic “c-mask” fits over standard face masks and connects via Bluetooth to a smartphone and tablet application that can transcribe speech into text messages, make calls, or amplify the mask wearer’s voice.
“We worked hard for years to develop a robot and we have used that technology to create a product that responds to how the coronavirus has reshaped society,” said Taisuke Ono, the chief executive of Donut Robotics.