Elon Musk,CEO,Tesla "If you define AGI (artificial general...
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Tesla settles case over fatal Autopilot crash of Apple engineer
The settlement was made on the eve of the trial over the...
Brazil judge opens inquiry into Musk for obstruction involving social media company X
Elon Musk Musk is challenging a decision by Moraes ordering his...
Uber and Airbus Enlist in Japan’s Flying-Car Plan
With Japanese companies already trailing their global peers in electric vehicles and self-driving cars, the government is showing urgency on the aircraft technology, stepping in to facilitate legislation and infrastructure to help gain leadership
Unlocking a Trillion-Dollar Opportunity
Banks and NBFCs will need to move towards high volume, low value transactions to cater to massive new demand and stay relevant in the market. They will need to enable data-driven decisions,which cannot be orchestrated on physical mediums due to massive cost & time incurred.
NASA tracks monsoon rains behind Kerala floods
The data is generated every half an hour, thereby allowing scientists to track rainfall across the globe almost in real time
Amazon considering UK insurance comparison site
An Amazon price comparison website for insurance products would be a potential challenge to existing UK sites given the U.S. company’s cutting-edge technology, reach and loyal customer base
Boosting literacy might unlock a $50 bn opportunity in India’s e-comm space
The report by Google, Bain & Company, and Omidyar Network stated that average data usage on mobile phones in India at about 8 GB a month per subscriber is at par with developed markets.However, only 40 per cent of India’s 390 million internet users are estimated to be transacting online.
MSIG Insurance-Plug&Play partnership to promote innovation through Startups
“Customers’ expectations of insurance are changing as technology plays a more important role in their day-to-day lives. Our partnership with Plug and Play is one of the ways for us to stay on top of this change and explore ways to serve our customers and partners better,” said Philip Kent, Executive Vice President, Planning and Chairman, Digital Taskforce Asia.
UIDAI slams Aadhaar ‘fear-mongering’, says helpline number can’t steal data
Last week, a French security expert who goes under the pseudonym Elliot Alderson and describes himself as the “worst nightmare” of the UIDAI, in a tweet had raised alarm on the presence of a UIDAI contact number in contact list of mobile phone users without their consent.
Insurtech Firm Wefox Seeks New Funding with Softbank Among Investors
Softbank’s Vision Funds’ big investments in firms like Uber or WeWork, leaders of the so-called “gig economy” mean that insurance acquisitions are particularly suited to its portfolio. Softbank founder Masayoshi Son has said he sees “insurtech” as a way to cross-sell to customers of his other companies.
Fintech Payments market prone to cyber-attacks,City of London & PWC Report
According ther eport’s estimate,by 2020, around 720 billion transactions are projected to occur through the use of digital payment methods in the Indian market which will be largely driven by development of Unified Payment Interface technology
Prudential and Babylon Join Forces to Pioneer AI-Powered Digital Health Services in Asia
Nic Nicandrou, Chief Executive of Prudential Corporation Asia, said: “The strategic partnership with Babylon is consistent with our ambition to address the unmet healthcare needs in Asia where the majority of the population are uninsured or underinsured, alongside an ageing population and escalating medical costs. This partnership accelerates our efforts to provide customer-centric, cost efficient and scalable health and wellness digital services to customers in the region.”