Thursday, July 7, 2022

London-based YuLife, which helps 500+ businesses offer employees gamified life insurance, raised a $120M Series C at an $800M valuation, up from $346M in 2021 (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
London-based YuLife, which helps 500+ businesses offer employees gamified life insurance, raised a $120M Series C at an $800M valuation, up from $346M in 2021  —  YuLife originally made a name for itself in its home market of the U.K. for its new approach to the provisioning of life insurance …



India's first ever "5G Innovation Lab" launched by GE Healthcare

Situated at the John F. Welch Technology Centre (JFWTC) Bengaluru, GE Healthcare's largest R&D centre outside of the USA, the lab will serve as a testbed to develop future-ready products and solutions, turning a new corner in innovation, it said. https://ift.tt/Vs6va5q

Wednesday, July 6, 2022

Two senators demand an FTC probe into TikTok's data access practices in US

TikTok said that access to data is subject to "a series of robust controls and safeguards like encryption for certain data and authorization approval protocols overseen by our US-based leadership and security team." The company responded to the senators' letter by reiterating that "TikTok has never shared US user data with the Chinese government, nor would we if asked." https://ift.tt/bCDGPvT

Sources: Amazon will share more data with rivals and offer buyers a wider choice of products to assuage EU antitrust regulators, concluding a three-year probe (Javier Espinoza/Financial Times)

Javier Espinoza / Financial Times:
Sources: Amazon will share more data with rivals and offer buyers a wider choice of products to assuage EU antitrust regulators, concluding a three-year probe  —  Agreement set to give more information to online platform's third-party sellers and close two probes



Amazon partners with Just Eat Takeaway to offer a free annual Grubhub+ subscription to Prime members in the US; Amazon also receives equity in Grubhub (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Amazon partners with Just Eat Takeaway to offer a free annual Grubhub+ subscription to Prime members in the US; Amazon also receives equity in Grubhub  —  Amazon tried but then ultimately stepped away from building its own cost-intensive Grubhub and DoorDash competitor in the U.S. back in 2019.



Here's how Amazon is going to provide free deliveries to Prime members in US

Under the agreement, which automatically renews each year unless terminated by one of the parties, Amazon will receive warrants over 2 percent of Grubhub's fully-diluted common equity. https://ift.tt/o8aZj02

Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)

New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...