Tag: south korea
Otonomo raises $46 million to expand its automotive data marketplace
New vehicles today can produce a treasure trove of data. Without the proper tools, that data will sit undisturbed, rendering it worthless. A number of companies have sprung up to help automakers manage and use data generated from connected cars. Israeli startup Otonomo is one such player that jumped on…
Read More
Samsung expects COVID-19 to hurt smartphone and TV sales, but increase demand for memory
In its first-quarter earnings report today, Samsung said it expects the COVID-19 pandemic to continue impacting its business for the rest of the year, cutting into sales for smartphones and TVs, but increasing demand for PCs, servers and memory chips as people continue to work or study from home. Samsung’s…
Read More
EV startup Byton furloughs half of its 450-person staff in the US
China-based electric car startup Byton has furloughed about half of the 450 employees who work at its North American headquarters in Santa Clara, Calif., putting the release date of the automaker’s upcoming M-Byte vehicle into question. Byton told TechCrunch the furloughs were the result of the COVID-19 pandemic. The intention…
Read More
Israel passes emergency law to use mobile data for COVID-19 contact tracing
Israel has passed an emergency law to use mobile phone data for tracking people infected with COVID-19 including to identify and quarantine others they have come into contact with and may have infected. The BBC reports that the emergency law was passed during an overnight sitting of the cabinet, bypassing…
Read More
Airbnb extends no-charge cancellation policy due to coronavirus
Because of the current state of the global coronavirus pandemic, Airbnb has announced updates to its policies that provide reservation cancellations without charge for stays booked in specific areas. Guests who booked reservations through Airbnb in Mainland China, South Korea, Italy and the United States are now eligible to cancel…
Read More
FDA approves new Coronavirus test that could speed rate of testing up to tenfold
The U.S. Food and Drug and Administration has granted emergency approval for use of a new test that can increase the range of testing patients by up to 10 times compared to methods in use currently, Bloomberg reports. That speed improvement refers specifically to the technical capabilities of the testing…
Read More