Uber relaunches its shared rides offering as ‘UberX Share’ in the U.S.

The shared ride option will allow users traveling in the same direction to share the ride in the same direction. UberX Share will offer a 5% upfront discount, a modest price reduction compared with Uber Pool Rides. American mobility g....

Peloton sues rival firms iFit and Echelon for patent infringement

U.S.-based exercise equipment and media company Peloton Interactive Inc. has reportedly filed lawsuits against its rivals Echelon Fitness and iFit, claiming that they violated patents related to its on-demand classes. Peloton stated that E....

Shell to make Britain its HQ amid tense relations with the Netherlands

Multinational oil & gas company Royal Dutch Shell has announced a major restructuring of its tax and legal framework, which will see it walking away from the Netherlands amidst strained relations with the country that has been its home ....

Apple’s digital ID card plan could be funded through states, taxpayers

Apple is reportedly working on allowing users in participating states to digitally store their state IDs  or driver’s licenses on their iPhone wallet. However, the multibillion-dollar company will partially rely on the respective....

South Korea demonstrates systems for urban air mobility management

South Korea has reportedly tested methods for operating urban air mobility (UAM) vehicles, which it aims to use for taxis that will fly between downtown Seoul and major airports as early as 2025. In 2020, South Korea had announced its plan....

Qualcomm introduces Snapdragon Spaces XR for head-worn AR experiences

Qualcomm recently introduced the Snapdragon Spaces XR Developer Platform, a head-worn augmented reality developer toolkit, that will aid in expanding the scope of existing apps as well as the development of new ones that will make the most ....

Netflix starts testing Tik-Tok style short video feature for kids

Netflix is reportedly testing its new feature called ‘Kids Clips’ which will play short video clips from existing movies and shows in the kids content library. These videos will be updated automatically as new shows and mov....

World Bank's IFC, South African firm partner for digital expansion

The World Bank’s International Finance Corporation (IFC) has reportedly teamed with South Africa tech company Liquid Intelligent Technologies to enhance data center capacity and lay fiber-optic cable across Africa. The move is part of....

Over 43 million investors’ data exposed in CVL security breach: Report

CDSL Ventures Ltd. (CVL), a subsidiary of India’s leading Demat services provider Central Depository Services Limited (CDSL), greatly suffered from a vulnerability in its systems that exposed personal and financial information of abou....

Chinese HR tech startup Moka raises USD 100 million in Series C funding

Chinese Human Resources technology startup Moka has reportedly secured USD 100 million in Series C funding round. The recent fundraising was led by Tiger Global and also saw participation from Blue Lake Capital, GL Ventures, GSR Ventures, G....