• 31
    Jul

    Amazon gains FCC approval for Kuiper internet satellite constellation and commits $10 billion to the ...

    Amazon has received approval from the U.S. Federal Communications Commission (FCC) to launch and operate a planned constellation of 3,236 internet satellites. That’s the backbone of Amazon’s Project Kuiper, an initiative to create a satellite-based broadband internet service designed to provide high-speed, low latency connections to U.S.-based households that currently don’t have great access to a high-speed connection. Alongside the key regulatory approval, ...
  • 31
    Jul

    Self-driving startup Argo AI hits $7.5 billion valuation

    Autonomous vehicle technology startup Argo AI  is valued at $7.5 billion, just a little more than three years after the company burst on the scene with a $1 billion investment from Ford. The official valuation was confirmed Thursday nearly two months after VW Group finalized its $2.6 billion investment in Argo AI. Under that deal, Ford and VW have equal ownership stakes, ...
  • 31
    Jul

    Triller sues TikTok over patent infringement

    Social video platform Triller has filed a patent infringement lawsuit against its biggest rival TikTok and parent company ByteDance. The suit, which was filed in the U.S District Court for the Western Division of Texas, claims TikTok is infringing on Triller’s U.S Patent No. 9,691,429. The patent covers “systems and methods for creating music videos synchronized with an audio track.” The patent credits Triller ...
  • 30
    Jul

    Google’s Sundar Pichai grilled over ‘destroying anonymity on the internet’

    Google’s  Sundar Pichai faced an awkward line of enquiry during today’s House Antitrust Subcommittee hearing related to its 2007 acquisition of adtech platform DoubleClick, and how it went on to renege on an original promise to lawmakers and regulators that it would not (nor could not) merge DoubleClick data with Google account data — automagically doing just that almost a decade later. By linking ...
  • 30
    Jul

    Google’s ‘no choice’ screen on Android isn’t working, says Ecosia — querying the EU’s approach ...

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    Google alternative Ecosia is on a mission to turn search clicks into trees. The Berlin based not-for-profit reached a major milestone earlier this month, having used ad revenue generated by users of its privacy-sensitive search engine to plant more than 100 million trees across 25 countries worldwide — targeted at biodiversity hotspots. However these good feels have been hit hard by the coronavirus pandemic. Ecosia  has ...
  • 30
    Jul

    Panasonic boosts energy density, trims cobalt in new 2170 battery cell for Tesla

    Panasonic has developed new battery technology for the ‘2170’ lithium-ion cells it produces and supplies to Tesla, a change that improves energy density by 5% and reduces costly cobalt content. The new, higher-energy dense 2170 cells will be produced by Panasonic  at Tesla’s factory in Sparks, Nevada, the company said Thursday. Panasonic is upgrading its battery cell lines with production slated to begin ...
  • 29
    Jul

    CVS adds another Big Health product to its point solutions management program

    CVS Caremark launched its point solutions management program with a sleep service from Big Health nearly a year ago, and now it’s adding another of the digital mental healthcare startup’s products to its suite of managed point solutions.  The Daylight product, which is designed to help people alleviate worry and anxiety, will join an expanding list of digital therapeutics that CVS Caremark ...
  • 29
    Jul

    Elon Musk says Tesla is open to licensing Autopilot, supplying powertrains and batteries to other ...

    Tesla  CEO Elon Musk noted on Twitter on Tuesday night that the automaker would be “open to licensing software and supplying powertrains & batteries” to other automakers. Musk added that that would even include Autopilot, the advanced driver assistance software that Tesla offers to provide intelligent cruise control in a number of different driving scenarios. Musk was addressing a Teslerati article about how ...
  • 29
    Jul

    Humana partners with Heal and invests $100 million in the company’s doctor-on-demand service

    “The doctor’s office is dead.” That’s the way Nick Desai, the co-founder and chief executive of the Los Angeles-based startup Heal describes the future of traditional healthcare delivery. While Desai’s bluster may be wishful thinking, the doctor’s office is certainly changing, and that’s thanks in part to companies like Heal,  which offer in-home and telemedical consultations — and health insurance providers like Humana that are backing ...
  • 29
    Jul

    Read how Apple, Amazon, Facebook and Google plan to defend themselves to Congress

    With their big day before lawmakers just around the corner, previews of Google, Facebook, Amazon and Apple’s opening statements are now available on the House Judiciary Committee’s site. On Wednesday, the CEOs of each company will appear in an unusually executive-packed Congressional hearing focused on antitrust concerns over the business practices. While the opening statements are just a glimpse of the hearing’s ...