India’s Locus raises $4M to expand its logistics management service worldwide

Locus, a three-year-old startup that helps companies map out their logistics, has pulled in $4 million in funding to grow its global footprint outside of its native India. The round is described as pre-Series B and it was provided by Rocketship.vc, Recruit Strategic Partners, pi Ventures and DSP Group’s Hemendra Kothari. Existing backers Blume Ventures, Exfinity Venture […]

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ASUS announces a motherboard just for crypto-mining

Mining hardware is weird stuff. Either it’s commodity hardware used – inefficiently – for complex computation or specifically-designed, expensive boards that can be used to bring in Bitcoin and little else. Asus, a motherboard maker of some renown, is now helping bridge the gap. The H370 Mining Master is a basic motherboard that supports 20 […]

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Governments are cracking down on fake token sales

From Howeycoin to a Chinese study that found 421 fake token sales, governments and researchers are finally shedding light on bad actors in the token sale space. Take, for example, Operation Cryptosweep. According to an North American Securities Administrator’s Association, regulators in the US and Canada are looking into 70 token sales and may be […]

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Here’s when Ford will stop making most of its cars

Over coming years Ford intends to stop selling most of its cars in North America. This plan would leave just the Mustang and upcoming Focus Active as the only traditional car it sells while crossovers, SUVs and trucks make up the rest of its lineup. The news was abruptly revealed in Ford’s latest quarterly financial […]

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Ford to stop selling every car in North America but the Mustang and Focus Active

Ford today announced it will phase out most cars it sells in North America. According to its latest financial release, the auto giant “will transition to two vehicles” — the Mustang and an unannounced vehicle, the Focus Active, being the only traditional cars it sells in the region. Ford sees 90 percent of its North […]

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Facebook urged to make GDPR its “baseline standard” globally

Facebook is facing calls from consumer groups to make the European Union’s incoming GDPR data protection framework the “baseline standard for all Facebook services”. The update to the bloc’s data protection framework is intended to strengthen consumers’ control over how their personal data is used by bolstering transparency and consent requirements, and beefing up penalties […]

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Facebook to exclude US users from some privacy enhancements

There’s no way to sugarcoat this message: Facebook’s founder Mark Zuckerberg believes North America users of his platform deserve a lower data protection standard than people everywhere else in the world. In a phone interview with Reuters yesterday Mark Zuckerberg declined to commit to universally implementing changes to the platform that are necessary to comply with […]

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BMW and Daimler agree to merge mobility service businesses

It’s been hinted at, but Daimler and BMW are officially bringing together their mobility services business groups into one combined company, with a 50 percent stake owned by each automaker. That means tying up all their on-demand mobility offerings, including car share services Car2Go and DriveNow; ride-hailing like myTaxi, Chauffeur Privé and Clever Taxi; parking […]

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BMW acquires Parkmobile parking app to help tackle city traffic

 BMW has acquired Parkmobile, an app that provides guidance and services for those looking for parking in North America, including on-street and garage parking payments and spot reservation. BMW Group had already held a minority investment in the …

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