Month: January 2020
Uber sells food delivery business in India to Zomato
Uber said on Tuesday it has sold its food delivery business, Uber Eats, in India to local rival Zomato as the American ride-hailing giant races to shed lossmaking operations to become profitable by next year. As part of the deal, Uber would own 9.99% of Zomato and its Eats users…
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Fortnite on iPad Pro just got a huge frame rate upgrade
The iPad Pro version of Fortnite just received a massive performance upgrade, thanks to a new update (Version 11.40.1) from Epic Games that enables support for gameplay at 120 frames per second (fps). Currently, the 120fps feature is only supported by Apple’s iPad Pro 11 (2018) and iPad Pro 12.9 (2018)…
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Personio, the German HR platform for SMEs, raises $75M Series C at a $500M valuation
Personio, the Germany-founded HR platform for SMEs, has raised $75 million in Series C funding in a round led by Accel. I understand the investment values the company at around $500 million. Also joining is Lightspeed Venture Partners, alongside Lars Dalgaard (the founder and former CEO of SuccessFactors). Existing investors…
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Internet Explorer has a major security flaw, but Microsoft can’t patch it yet
Following the reveal of a major security flaw in Internet Explorer that is currently being exploited by hackers, Microsoft has confirmed its existence though the software giant has no immediate plans to release a patch to fix it. The security flaw in the company’s legacy browser was first disclosed by…
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Tesla calls claims of unintended acceleration in NHTSA petition ‘completely false’
Tesla pushed back Monday against claims that its electric vehicles may suddenly accelerate on their own, calling a petition filed with federal safety regulators “completely false.” Tesla also questions the validity of the petition, noting that it was submitted by a Tesla short-seller. Last week, the National Highway Traffic and…
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Tesla says faulty acceleration allegation is ‘completely false’
In response to a petition to the NHTSA complaining about “sudden unexpected acceleration” in a variety of Tesla models and model years, Tesla issued a forceful statement today claiming that the allegations are “completely false.” Tesla opened its statement by identifying the petitioner as a “Tesla short-seller;” on Friday, CNBC…
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