October 9, 2024

Uber China Raises Financing at $7 Billion Valuation | Google Chairman Thinks AI Can Help Solve World's ‘Hard Problems’ and more...

Uber China Raises Financing at $7 Billion Valuation | Google Chairman Thinks AI Can Help Solve World's ‘Hard Problems’ and more...

> Travis Kalanick, Uber's chief executive officer has announced that its China division has raised funds that take the company's valuation to $7 billion.
http://goo.gl/HoyLey

> Eric Schmidt, Executive Chairman of Alphabet Inc and Google, believes that Artificial Intelligence technology can help solve large issues that impact the whole planet.
http://goo.gl/gbEPEV

> Investment in innovation is pretty skewed with some technologies such as software reaping the lion's share of investment dollars, while valuable technologies for clean energy, and improving health care remain underfunded.
http://goo.gl/TkikiA

> Health Care Technology Slack has hired a Chief Security Officer Geoff Belknap who is from Palantir Technologies and named Keith Adams, originally from Facebook as its Chief Architect.
http://goo.gl/nmygtR

> Twitter CEO Jack Dorsey has, since hisvreturn, made changes to the workforce and introduced a new product Moments. Even though the company's stock has tanked and Dorsey is also heading Square, he seems to be taking the company in the right direction.
http://goo.gl/iTYMII

> Bill Gates and Jeff Bezos are putting their considerable heft behind Grail, a company that is researching the detection of cancer through a blood test. They have just led its latest $100 million round of funding.
http://goo.gl/8zfPu7

> The co-founder of Flipkart, Sachin Bansal has stepped down as CEO of the company. The Indian e-commerce company that is Amazon's biggest rival in the country, will now be headed by Binny Bansal, formerly Chief Operating Officer.
http://goo.gl/V6qchp

> The cloud is enabling a seamless retail experience for customers, where the lines between online and a store are blurred, creating a new experience of converged commerce.
http://goo.gl/dITgx0