Feb
16

Krisp nearly triples fundraise with $9M expansion after blockbuster 2020

Two Mexican architects teamed up to create the Minimal Leisure Dwelling, a prefab shipping container home.The home starts at $50,000 and can be completed in 99 days.Sustainability plays into every aspect of the design for minimum environmental impact, the company claims.Visit Business Insider's homepage for more stories.

Two Mexican architects designed a modern, sustainable tiny home, and it barely shows its shipping container roots.

Rodrigo Alegre and Carlos Acosta, founder of the Mexico City studio StudioRoca, spent the last few years focusing more and more on environmental impact, and eventually developed the idea for Vivienda Minima de Descanso (VMD), or Minimal Leisure Dwelling.

VMD is a prefab one or two-bedroom home made out of repurposed shipping containers, with customization options throughout. The one-bedroom designs are about 322 square feet, and two-bedroom designs are about 645 square feet.

The basic VMD starts at $49,000 and is constructed in Mexico, then dropped by a crane into whatever location is chosen by the buyer. With the philosophy of minimizing environmental impact, VMD can be used totally off-grid, with solar panels and a rainwater tank. Specialized materials minimize energy needs throughout to keep the home as low impact as possible.

See inside here. 

Original author: Mary Meisenzahl

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Feb
16

Zolve raises $15 million for its cross-border neobank aimed at global citizens

Moving into a house together has become a rite of passage for online creators, from YouTube to Vine, to most recently, TikTok. 

Six YouTube gamers, formerly from the Luminosity Gaming esports group, created One Percent, a new organization. The new channel has nearly 800,000 subscribers, and between them they have millions. After bragging that they bought the house with their earnings from YouTube and "Fortnite," they took viewers on a tour of their new house, focusing on gaming areas and the pool. 

The mansion is full of contrasts, like a kitchen that would make a Nancy Meyers fan swoon while the gamers have mini fridges and snack drawers in their rooms, or a baby grand piano possibly played by Frank Sinatra and rooms adorned with Funko Pops. 

Take a look inside.

Original author: Mary Meisenzahl

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Mar
10

One Year Ago Today

RBC Capital Markets uses a metric called "Crucial Combo" to measure the stock value of the companies it follows.Crucial Combo simply combines the company's revenue growth and earnings before interest, tax, depreciation and amortization (EBITDA) margin each quarter.Based on the number, the following 9 companies have positive Crucial Combo scores: Alibaba, eBay, Akamai, Shopify, Facebook, Netflix, Amazon, Google, and Spotify.Those with high Crucial Combo scores are proving to be resilient during the COVID-19 pandemic.Visit Business Insider's homepage for more stories.

"Crucial Combo" sounds like a special lunch offer at a fast-food joint, but according to financial analysts at RBC Capital Markets it's the recipe for a special class of tech stock. 

RBC Capital Markets likes to use a metric called Crucial Combo when evaluating company stocks — and it says those with high scores are proving to be some of the most resilient stocks during the COVID-19 pandemic.

Crucial Combo scores are calculated by simply combining the company's revenue growth and earnings before interest, tax, depreciation and amortization (EBITDA) margin each quarter.

In a note published on Thursday, RBC shared the Crucial Combo scores for the 17 largest tech company stocks it follows. Based on this metric, 9 of the following companies are expected to have a positive score from their upcoming second quarter earnings results: Alibaba, eBay, Akamai, Shopify, Facebook, Netflix, Amazon, Google, and Spotify.

RBC Capital Markets

All 9 companies have previously been picked by RBC to be either resilient to or suffer relatively little from the COVID-driven economic downturn. Companies like Amazon, Netflix, Shopify, and Spotify have been put under a bucket called "Rocket Ships" for the demand surge they've experienced during the pandemic. Meanwhile, Facebook, Google, Akamai, Alibaba, and eBay are under a group RBC calls the "J-Curves," or companies expected to suffer revenue slowdowns this year before bouncing back to robust growth next year, the report said. Other companies expected to benefit from the COVID-related changes include Chewy, Etsy, and Roku, it said.

"We continue to believe that the COVID Crisis has created at least semi-permanent changes in consumer behavior, creating first-wave Structural Winners (AMZN, CHWY, ETSY, NFLX, SHOP, SPOT, WIX) & potentially second-wave Structural Winners (FB, GOOGL, PINS, ROKU, SNAP, TTD)," the note said.

Perhaps, the bigger question is whether the coronavirus outbreak has also created "structural losers" among the online travel and ridesharing companies. Bookings.com and Expedia in the online travel sector and Lyft and Uber in the ridesharing space have all experienced significant demand drops during the pandemic, as their negative Crucial Combo scores show. RBC said those companies will likely recover but it won't come soon.

"We expect demand trends for these companies to recover in 2021 and 2022, but we expect demand recoveries to be slow & jagged and would acknowledge that the recoveries – esp. with Ridesharing – have been slower than we anticipated," RBC said in the note.

Get the latest Alibaba stock price here.

Disclosure: Mathias Döpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member.

Get the latest Google stock price here.

Original author: Eugene Kim

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Mar
10

There have never been more $100M+ fintech rounds than right now

Audiences are catching on to how good Netflix's sci-fi series "Dark" is in its final season, as the series surged up the demand carts this week. 

Every week, Parrot Analytics provides Business Insider with a list of the nine most in-demand TV shows on streaming services in the US.

The data is based on "demand expressions," Parrot Analytics' globally standardized TV-demand measurement unit. Audience demand reflects the desire, engagement, and viewership weighted by importance. The list is ranked by how much more in demand the top series are than the average TV show in the US.

More than a year after season three debuted last July, Netflix's "Stranger Things" is the top series in the US and has rarely given up that title in that time period.

Below are this week's nine most popular original shows on Netflix and other streaming services:

Original author: Travis Clark

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Mar
10

Arist adds $2M to its seed round to grow its SMS-based training service

Business Insider
Tesla has taken a radically different path to developing fully autonomous vehicles, when compared with competitors, such as Waymo and Cruise.Tesla CEO Elon Musk is confident; last week, he said Tesla could achieve "level five" autonomy this year — meaning no human intervention required.Waymo and Cruise have concentrated in relatively narrow use-cases, while Tesla's technology could be be broadly applied. But Waymo and Cruise are also dedicated self-driving companies, while Tesla is also producing and supporting electric vehicles.Visit Business Insider's homepage for more stories.

Last week in China, Tesla CEO Elon Musk revisited his enthusiasm for the carmaker's prospects of delivering fully-autonomous vehicles, and soon.

"I remain confident that we will have the basic functionality for level five autonomy complete this year," he said, as reported by Bloomberg.

"I think there are no fundamental challenges remaining for level five autonomy. There are many small problems, and then there's the challenge of solving all those small problems and then putting the whole system together, and just keep addressing the long tail of problems."

"Level five" is industry terminology for vehicles that can drive themselves with no human interaction. The conventional wisdom is that there are no true level five vehicles yet. Even Tesla's main competitors in this space, Waymo and Cruise (the former is part of Alphabet, and the latter is affiliated with General Motors), admit that they have a long, long way to go before they can completely take the driver out of the picture.

Is Musk justified in being so confident? Skeptics say no way. While Waymo has been working on autonomy for over a decade, going back to the original "Google Car" project, and Cruise started out as a dedicated self-driving company before GM acquired it in 2016, Tesla has been adding its own autonomous tech while thus far delivering mainly advanced cruise control to customers.

On top of all that, Tesla's approach to self-driving is radically different from Waymo's, Cruise's, and others in the burgeoning area. 

Here's what it's all about, plus a rundown of its advantages and drawbacks:

Original author: Matthew DeBord

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Mar
15

$avvy: Women. Money. Freedom.

Italian designers created a prefab cabin called Mountain Refuge.The modular cabin is about 260 square feet, with the potential to combine several units together.The designers are looking for prefab construction companies to work with to sell the cabin. Visit Business Insider's homepage for more stories.

Architects Massimo Gnocchi and Paolo Danesi started The Mountain Refuge to deliver their concept for a tiny, modular cabin at affordable prices around the world. 

The startup is working towards finding a balance between sustainability and design. The architects told Business Insider that they are actively looking for partnerships with prefab construction companies in the US, Europe, Canada, Australia, and New Zealand to manufacture the cabin on a large scale. They say that they already consider the project a success based on requests and inquiries coming in, and they plan to design more tiny homes in the future.

The tiny cabin with wood finishes and a front deck looks rustic at first, but the slanted roof and minimalist interior give it a modern look, too. It can be hooked up to utilities, or used for an off-grid lifestyle, with some minor adjustments.

See inside. 

Original author: Mary Meisenzahl

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Mar
15

Cruise acquires driverless vehicle startup Voyage to tackle dense urban environments

As grocery stores worldwide experienced stockpiling, long lines, and health worries amid the coronavirus pandemic, millions of people turned to shopping online.It has been a goldrush for the British company Ocado, an online-only grocery marketplace that also operates technology for supermarket giants worldwide.Ocado was the best performing stock on the FTSE 100 in the second quarter of 2020, and, in May, Ocado raised over $1 billion to grow its services.It is now betting big on its US expansion, hoping to convert Americans to grocery shopping online.Huge challenges remain, though. Many Americans are still reluctant to buy food they can't see in person, and some fear the current online pandemic-driven boom could prove a one-off.Visit Business Insider's homepage for more stories.

The coronavirus pandemic has forced even those most resistant to digital change to give ground, and e-commerce is burgeoning like never before.

Trapped at home, or faced with hours waiting only to find empty shelves, more people than ever are turning to online grocery shopping.

"There is pretty strong evidence that that is here to stay," Luke Jensen, executive director of the Ocado Group and CEO of Ocado Solutions, told Business Insider.

Ocado is a household name in British cities, but its business is largely unknown elsewhere.

A British success story

The company's work is twofold. There is Ocado Retail, which sells groceries and other supermarket products to consumers online. The second aspect is Ocado Solutions, which provides technology to the online operations of major global supermarkets like Kroger in the US, Sobeys in Canada, and Waitrose in the UK.

The company, which was founded in 2002, does not expect to turn a profit until 2024. It has high running costs, a sky-high share price, and a price-to-earnings ratio to match. 

In short, it's now acting like less an online retailer and more like a tech giant.

Its share price hit a record £22.36 ($28) on June 1, and the company has turned out to be the best performing stock on the FTSE 100 in the second quarter of 2020, boasting a 66% rise.

Luke Jensen, CEO of Ocado Solutions, speaking in 2018. Grocery Shop/YouTube

Ocado first set out as an online grocer, boxing and delivering orders for Waitrose, the UK's deluxe supermarket. But it has now established itself as the guardian of online grocery delivery in its own right.

It now has operations in the US, Canada, Britain, Sweden, France, and Japan.

The pandemic has wreaked havoc on many industries, and businesses around the world are struggling to stay afloat. National economies are sliding into recession, as global unemployment rates are inching upward.

But Ocado, and the grocery sector at large, have found themselves booming in light of astronomical demand. 

The future of food is online

The pandemic has left companies around the world reassessing how the habits of their customers will change. Nowhere has this been more apparent than in grocery shopping.

"When you see people try grocery online for the first time, there's a high proportion of people who stick with it and make it part of their repertoire," Jensen said.

There are many signs that online grocery shopping is growing.

Online grocery sales in the US boomed to $7 billion in May 2020, up from $5.3 billion in April, according to a Brick Meets Click/Mercatus Grocery Shopping survey. For reference, this number was $1.2 billion in August 2019.

A 2018 Nielsen study also predicted that 70% of US consumers would be grocery shopping online by 2024.

Before the pandemic, online grocery shopping made up only 4% of the US market, but that is set to change.

"The US has seen an enormous boom," Jensen told Business Insider. "We expect a lot of that to stick."

A man pushing a stroller in Sunnyside, New York, on May 25, 2020. Cindy Ord/Getty Images

Back in the UK — where, pre-pandemic, 7% of grocery shopping was online — Ocado said in May that "a simply staggering amount of traffic" meant they had to turn away new customers. 

"They could be doing even better than they are because they deliberately limited their growth," Matt Botham, a strategic insight director at the Kantar data consultancy, told Business Insider.

The elevated demand for online grocery shopping won't last forever. Shops will reopen, and constraints on freedom of movement will end.

But what is expected to remain — and what Ocado is betting its bottom dollar on — is the knowledge that online grocery shopping is possible, and may even be preferable.

A screenshot of Ocado's website, showing more than 7,100 people lining up to go online grocery shopping with a wait time of two hours, on March 18, 2020. Dinendra Haria/SOPA Images/LightRocket via Getty Images

'The share price is what it is, but we're not going to ... go all Elon Musk'

"Ocado has been absolutely smashing it during lockdown," Fawad Razaqzada, a financial market analyst, told Business Insider. 

Daniel Coatsworth, the editor of the Shares financial-news magazine, also told Business Insider: "Any grocery company with either an inferior service, or without one at all, will be seriously looking at how they can up their game. And that's where Ocado's strengths lie."

"It's easy to see why Ocado has done so well on the stock market this year."

But as a result of Ocado's extraordinary rise, some wonder whether the company is overvalued.

A graph showing the Ocado share price from July 2019 to June 2020. London Stock Exchange

Ocado's price-to-earnings ratio — how many years of annual earnings it would take to make up its valuation — is way higher than its competitors, a common trait of tech stocks. 

"The share price is what it is, but we're not going to worry about it and go all Elon Musk," Jensen said, referring to the view taken by the Tesla CEO that investors are overvaluing his company. 

"We're delighted the world is seeing that opportunity, and we're embracing it vigorously and going after it.

On June 11, Ocado announced it was raising £1 billion ($1.24 billion) from investors to expand its services.

"The opportunity for Ocado is massive in what we do," Jensen said. "There will then will be opportunities beyond what we do."

An Amazon courier outside a store in Broadway, New York City, on April 15, 2020. Noam Galai/Getty Images

Grocer or tech firm?

Ocado's cash cow is not its grocery business, but in its technology.

The company owns hundreds of patents for the machinery and software that power its warehouses, from product-picking robots to item scanners that members of staff can wear on their heads.

This software, and future products, can be leased to supermarkets across the world. That's where Ocado's value lies.

"Investors bidding up Ocado's shares are effectively saying that its services as a provider of solutions to automate online grocery orders will be in greater demand," Coatsworth said.

"There is merit in the market valuing it as a technology stock rather than as simply a grocer or delivery business."

A general view shows the inside the Ocado Customer Fulfilment Centre in Hatfield, UK. Reuters

The future of online grocery shopping

"At the heart of it all," Ocado says on its website, "lies our technological know-how and unparalleled IP."

This stands for intellectual property — one of the most lucrative assets a tech company can own.

Ocado has registered at least 350 patent applications in Europe alone, according to IP law firm Reddie and Grosse.

Half concern "storing articles, individually or in orderly arrangement, in warehouses," the firm said. Dozens entail "systems and methods ... relating to logistics."

Coming to America

Nowhere has online grocery shopping boom been more apparent than in the US.

Americans weren't big on online grocery shopping before the pandemic, with it making up just 4% of the total market.

A worker delivers groceries to households in Stockholm, Sweden, on March 21, 2020. ANDERS WIKLUND/TT News Agency/AFP via Getty Images

Kroger, the largest US grocer, appears keen to get a head start.

It struck an exclusive partnership with Ocado 2018, and the companies already have plans to develop 20 distribution centers across the country.

They have broken ground on three so far, with the locations of six more confirmed. 

Smart warehouses are underway in Monroe, Ohio, where Kroger is a mainstay, and Groveland, Florida, where rivals — Publix and Target — rule the roost.

"We see plenty of evidence that what we will be able to develop with Kroger will be able to push on quite an open door in terms of consumer demand," Jensen told Business Insider.

No mean feat

But getting Americans to shop for groceries online isn't as simple as it sounds. There has been a traditional reluctance to purchase fresh food online because people want to see what they are going to put in their mouths before they buy it.

At an Amazon Fresh distribution warehouse in Washington state, a third of bananas were thrown out because each banana had to be perfect to the naked eye, an MIT study found in 2015.

A 2014 Instacart training video seen by Quartz told its fruit pickers to "make sure there are no bruises, no cuts, no mold, it's not too soft, not too hard, just perfectly ripe."

And as consulting firm Oliver Wyman wrote in 2019: "Customers resist the idea of having someone else pick fresh food for their family."

The boom in online shopping during the pandemic could be a flash in the pan, rather than an inflection point for the industry. 

The Kroger supermarket chain's headquarters in Cincinnati, US. Reuters

Another orthodoxy about online grocery shopping is that the US is just too big to cover with online delivery.

Ocado is less concerned about the challenge, however. Jensen concedes that the US is huge, but said "if you look at the distribution of the population in the US, you have about 75% of the population who live in urban or related-to-urban markets."

"In that respect the US is not terribly dissimilar from any other geography around the world."

Worldwide, Ocado has partnered with Kroger in the US, Sobeys in Canada, Aeon in Japan, Waitrose and Marks & Spencer in the UK, Groupe Casino in France, and ICA in Sweden.

In Japan, online grocery sales doubled during its coronavirus lockdown, which is remarkable for a country that obsesses over fresh produce and food presentation.

As Ocado proclaimed in its 2019 report: "We can change the way the world shops."

An Ocado lorry is seen on the M25 motorway near London Colney, UK, on April 17, 2020. REUTERS/Matthew Childs

Leading the field at the right time

Coatsworth, the editor of Shares magazine, said: "What the market hasn't priced in is the likelihood of increased competition. If the opportunity is so clear for everyone to see, there will inevitably be other players entering the scene."

Several competitors already exist, especially in the US.

The main ones are Amazon Fresh and Instacart. Fresh Direct and Shipt, which is owned by Target, are also in the game.

Delivery vans are lined up prior to dispatch at the Ocado Customer Fulfilment Centre in Andover, England, on May 1, 2018. REUTERS/Peter Nicholls

Amazon has tried to get online vegetable and fruit delivery to stick for some years, but with little to no success.

When asked about the company, Jensen said it has been fascinating to watch.

"What's interesting with Amazon is they've been in grocery for over 10 years now and they've made multiple attempts at particularly getting into the fresh grocery market, and today their market share remains very, very small," he said.

"I think what that indicates is not that Amazon is not good at doing stuff, it indicates just how difficult and different grocery is."

'We don't do vanity tech projects'

The Ocado vans that ferry food from warehouses to homes still bear the slogan "the online supermarket," but the company is essentially a tech company. (It successfully applied to be un-designated as a grocer by the UK's Competition and Markets Authority in 2019.)

A technician's work area is seen at the Ocado Customer Fulfilment Centre in Andover, England, on May 1, 2018. REUTERS/Peter Nicholls

Nowhere has Ocado's performance as been more apparent than at its warehouses.

Inside these warehouses, known as Customer Fulfilment Centres, cuboid "Bots" whizz back, forth, and side to side on grids known as "The Hive," depositing supermarket produce from orders.

A 50-item order can be sorted by a bot, which travels through The Hive at a speed of eight meters per second, and is complete in a matter of minutes.

Ocado is also transitioning from a reliance on human produce-pickers to robots. 

"As we continue, we will see a greater proportion of the range picked robotically," said Jensen. He envisions "a tipping point where you get a payback with the cost of a robotic picking station versus the cost of a year of labor."

"We don't do vanity tech projects," Jensen said. "We do projects because they work and they pay back."

Here's what an Ocado warehouse in Andover, England, looked like in 2018:

Ocado has also invested in vertical farming, billed as a more sustainable and profitable way of growing vegetables indoors. 

He sees Ocado's warehouses ultimately being built alongside vertical farm facilities, which would dramatically lower costs and speed up deliveries of fruit and vegetables.

Botham, of Kantar, told Business Insider that the days of Ocado being a retailer are long gone.

"They see themselves as a solutions business," he said. "That's where they think their money is." 

Original author: Bill Bostock

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Mar
15

Major League Soccer kicks off FIFA esports offseason event on March 20

A list of the 20 most valuable venture-backed companies in artificial intelligence boasts a combined valuation of some $120 billion.Most of the list are privately-held startups; some of them — namely Waymo and Uber Advanced Technology Group — are subsidiaries of much larger companies, but that are said to be eyeing IPOs of their own.Investment remains robust despite an uncertain economy, a reflection of the great potential of AI innovation, analysts say. Seven of the 20 make autonomous car technology, a challenging field that will require time to mature. Other technologies on the list include AI applications to farming, data management, hiring, and writing. Visit Business Insider's homepage for more stories.

In an uncertain economy where valuations are slipping, the 20 highest-valued venture-backed companies in artificial intelligence combined are worth about a staggering $120 billion, according to PitchBook, in a reflection of the promising innovation of the sector.

To put it in perspective, these 20 young companies — many that have yet to produce actual products — are worth more than Ford, American Express, and US Steel combined. 

Top startups also continue to close major fundraising rounds and command multi-billion valuations for technology ranging from automation tools to self-driving cars. And despite the economic headwinds caused by the coronavirus pandemic, expert studies and venture capitalists say the market remains steady. 

"All the fundamental parts of the innovation cycle that have AI broadly employed in it are somewhat untouched by a COVID-like pandemic scenario," said Rohit Sharma, a partner at early stage VC firm True Ventures. "We don't really see a slowdown or any kind of impact." 

But there are obstacles ahead for even the most valuable startups. Seven of the 20 top, according to data provided by PitchBook, are builders of self-driving car technology, which experts say is a sector that demands capital and patience — two things that could be in shorter supply in a jittery recession. 

"A lot of the business case assumptions and model assumptions, historically, have started to fall apart as people really started to realize just how challenging this robo-taxi problem really is," Austin Russell, CEO of Luminar, told Business Insider's Troy Wolverton recently. 

Most of the companies on this list are relatively small, independently-held startups.

Notably, however, a few of the companies on PitchBook's list are independent subsidiaries of larger organizations — at the top of the list is Waymo, which began as Google's self-driving car unit, and is now reportedly mulling a public offering at some point in the future after raising venture cash all its own.

Joining Waymo is Uber's own autonomous vehicle division – a separate entity from the ride-sharing firm with its own CEO and IPO possibilities. And Zoox may be the poster child for how challenging the market can be. Amazon reportedly bought the firm for far less than its previous valuation. 

Beyond the parking lot of autonomous cars are a variety of interesting companies, all using the tech in different ways. The one thing they have in common, however, is they are backed by wealth many other of tech would  envy.

Big-data company Palantir is beginning the process to go public. Other standouts on the list include AI farming startup Indigo Ag, hiring firm Checkr, and AI writing company Grammarly. 

All valuation data is from PitchBook. All companies asked to verify valuation, and where they did it is noted. 

Business Insider unpacked the top 20 most valuable, VC-backed AI companies below:

Original author: Jeff Elder and Joe Williams

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Feb
25

What Is Your Worldview?

Lucid Motors CEO Peter Rawlinson worked for Tesla CEO Elon Musk from 2009 to 2012.Rawlinson said the biggest lesson he learned from Musk is the importance of relentless optimism."Sometimes you have to put all your chips in," Rawlinson said.Are you a current or former Lucid employee? Do you have an opinion about what it's like to work there? Contact this reporter at This email address is being protected from spambots. You need JavaScript enabled to view it., on Signal at 646-768-4712, or via his encrypted email address This email address is being protected from spambots. You need JavaScript enabled to view it..Visit Business Insider's homepage for more stories.

Peter Rawlinson worked for Tesla CEO Elon Musk from 2009-2012 as he led the development of the electric-car maker's groundbreaking Model S sedan. Now the chief executive of the electric-vehicle startup Lucid Motors, Rawlinson learned from Musk the importance of relentless optimism.

"I really believe that success can beget success," Rawlinson said in an interview with Business Insider. "It can be a self-fulfilling prophecy if you're really committed and you're all in, and everyone at Lucid knows I am. And that's the leadership I hope I provide."

If you focus too much on what might go wrong, it can decrease your odds of achieving your goals, he added.

"Sometimes you have to put all your chips in," he said.

Musk, Rawlinson said, demonstrated his commitment to success "on an hour-by-hour basis." Rawlinson has taken that attitude to Lucid, which he joined in 2013 (he became the company's CEO in 2019). His confidence in the company and its debut vehicle, the Air luxury sedan, is driven by Lucid's in-house engineering and design efforts. According to the company, the Air will be able to drive over 400 miles between charges and accelerate from 0-60 mph in under 2.5 seconds. Those specs would make the Air competitive with the Model S, which, depending on the trim, has a maximum range of 402 miles and a 2.3-second 0-60 mph time.

"We're creating a car which is going to be the best car in the world," Rawlinson said. "People are going to want it."

Lucid will unveil the production version of the Air in September before beginning production next year. The vehicle's price will start "well north" of $100,000, Rawlinson said.

Are you a current or former Lucid employee? Do you have an opinion about what it's like to work there? Contact this reporter at This email address is being protected from spambots. You need JavaScript enabled to view it., on Signal at 646-768-4712, or via his encrypted email address This email address is being protected from spambots. You need JavaScript enabled to view it..

Original author: Mark Matousek

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Feb
25

Maze raises another $15 million for its user testing platform

New Zealand startup Eight360 created, a virtual reality motion simulator.Nova is a motion simulator that can make VR feel more real by turning in any direction. Creators see the device being used for military training and e-racing in the future. Visit Business Insider's homepage for more stories.

Eight360, a startup in Wellington, New Zealand has a way of tricking your brain into thinking you're driving a racecar, riding a rollercoaster, or even flying a jet.

The company's VR motion simulator, NOVA, can turn 180 degrees in any direction in only one second, combining visual, audio, and physical elements to make the experience as realistic as possible. Eight360 even says that this scary-looking contraption makes motion sickness less of a problem, because it matches up what the user is seeing to what they're feeling.

At $150,000 per year for a lease, the Nova probably isn't going to show up in many homes, though it could become standard in esports lounges. Instead, Eight360 is promoting the device as a way for racecar drivers to put in extra practice time off the track, or to practice esports, and for military training for pilots.

Here's how it works. 

Original author: Mary Meisenzahl

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Feb
25

Oddworld: Soulstorm coming to PlayStation on April 6

Business Insider
I test and review dozens of cars, trucks, and SUVs every year.Most are wonderful. But there are some things that annoy me.At the halfway point of 2020, I decided to round up all the features that disappointed me so far.Visit Business Insider's homepage for more stories.

At the halfway point of every year, I like to pause for a moment and reflect on all the vehicles I've driven, savor the great experiences and roadway thrills and ... amass a list of complaints!

Actually, I usually do this at the end of the year, but in 2020 I've decided to up my timetable. Part of this is because I've gotten behind the wheel of A LOT of cars at this point. 

A caveat: These days, most cars are wonderful, at least compared to the dreadful sets of wheels that we routinely had to deal with in past eras. The auto industry has done a very good job of giving customers what they want and improving reliability and performance.

But there are still some fails. 

Here's a rundown of everything that's annoyed me so far:

Original author: Matthew DeBord

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Feb
24

Boulder Chamber Memberships for Black-Owned Businesses

Streaming superstar Tyler "Ninja" Blevins tweeted he's deleting TikTok."Hopefully a less intrusive company (data farming) that isn't owned by China can recreate the concept legally," Blevins said.This week Secretary of State Mike Pompeo and President Trump both said a US ban on TikTok, which is owned by Chinese company ByteDance, is being considered.While Pompeo cited national security fears, while Trump suggested it would be a way to punish China for the coronavirus pandemic.Visit Business Insider's homepage for more stories.

Streaming superstar Tyler "Ninja" Blevins announced on Thursday that he's ditching TikTok, the video-sharing app beloved by Generation Z, over privacy concerns.

"I have deleted the TIK TOK app off all my devices," Blevins tweeted to his 6 million followers. 

"Hopefully a less intrusive company (data farming) that isn't owned by China can recreate the concept legally, such funny and amazing content on the app from influencers," he added.

Blevins was the most-watched game streamer on Amazon-owned streaming platform Twitch before he signed an exclusivity deal with Microsoft's streaming service Mixer in August 2019. Microsoft shut down Mixer on June 22, releasing Blevins from his contract. Blevins indicated this week that he might return to YouTube.

—Ninja (@Ninja) July 9, 2020

Blevins did not elaborate on why he thought TikTok was more intrusive than other social media apps like Facebook and Twitter. But his announcement is indicative that growing US political hostility towards the app may be filtering down.

TikTok is owned by Chinese tech company ByteDance, a fact which has made it a target for US politicians.

And Blevins' announcement comes the same week the Trump administration said it is considering banning the app.

Secretary of state Mike Pompeo told Fox News on Monday the US government was "certainly" considering banning TikTok on the grounds that it could constitute a national security threat. Pompeo said US citizens should be wary of downloading the app or else he thinks their data could end up "in the hands of the Chinese Communist Party."

On Tuesday President Trump weighed in, saying a TikTok ban could be a way for him to punish China for the coronavirus pandemic.

TikTok denies that it is a security risk, and has sought to distance itself from its Chinese roots. 

"TikTok is led by an American CEO, with hundreds of employees and key leaders across safety, security, product, and public policy in the US," a TikTok spokesperson told Business Insider on Wednesday following Trump's remarks. "We have no higher priority than promoting a safe and secure app experience for our users. We have never provided user data to the Chinese government, nor would we do so if asked," they added.

TikTok itself does not operate in mainland China, but is the international version of its sister app Douyin, which is live in China.

On Friday TikTok confirmed its withdrawal from Hong Kong after China implemented a sweeping new national security law in the previously semi-autonomous region.

Original author: Isobel Asher Hamilton

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Feb
24

MealMe raises $900,000 for its food search engine

Cryptocurrencies and their underlying technologies are becoming increasingly popular in the world of fine art.Contemporary artist Lincoln Townley and established auction house Christie's both now accept cryptocurrency as payment.Platforms like the Blockchain Art Exchange are also using distributed ledger technology to try and guarantee authenticity and protect ownership in the million-dollar market for digital art. The pandemic has accelerated adoption: the Blockchain Art Exchange says it has seen month-on-month sales increase to 400% in June from 47% pre-pandemic.Visit Business Insider's homepage for more stories.

In June, a Picasso painting was sold for cryptocurrency for the first time.

Swiss luxury goods firm Idoneus acquired the painting "Danse du ventre devant homme impassible" (or "Belly dance before impassive man") for an undisclosed amount. Idoneus used its own "IDON" token to make the purchase, and said it is pioneering the use of its cryptocurrency for luxury purchases.

Idoneus

The sale of a Picasso for cryptocurrency exemplifies its widening acceptance in the art world, estimated to be worth $64 billion globally in 2019 by Art Basel and UBS.

Now, artists and collectors are not only trading in cryptocurrencies but using the blockchain tech that underpins them to try and determine authenticity and ownership.

Reduce fraud in the art world

One platform trying to digitally guarantee the provenance of art is the Blockchain Art Exchange.

Launched by crypto enthusiast and art curator Sascha Bailey, son of the famous fashion photographer David Bailey, at the end of 2018, the platform allows artists to tokenize their digital artwork.

The theory goes like this: By tokenizing the work using blockchain's distributed ledger technology, the transaction is permanently recorded on a shared database without any need for third parties to authenticate it. Once recorded, no one can alter the entries. 

This means that collectors are not just trading a digital image, but a virtual certificate of authenticity, according to Bailey. The main appeal of this is that it helps to protect buyers against fraud. Experts estimate that around 20% of the paintings in major galleries could be fraudulent. 

Another potential advantage is protection of the ownership of the artwork beyond the lifetime of the platform. 

"Even if the gallery that you bought it from shuts down, then you still own the artwork," explained Bailey. "You wouldn't expect a gallery to come to your house and burn your artwork after they close down. Whereas, with digital artwork, until now, that's kind of what happened."

This is currently only around a million-dollar industry, according to Bailey, but it has grown rapidly and he expects this to continue.

The pandemic has accelerated adoption.

The Blockchain Art Exchange saw month-on-month growth in sales of 400% in June, compared with only 47% pre-pandemic.

Many people in the traditional world of fine art who were previously on the fence about the technology have now decided to buy in, according to Bailey.

Contemporary artist Lincoln Townley is creating his own 'art coin'

Contemporary artist Lincoln Townley, who is famous for his figurative portraits of Hollywood stars like Meryl Streep, also sees potential for blockchain in the art market. 

"This hasn't even scraped the surface yet," Townley told Business Insider. "It's very, very deep waters that no one seems to be that happy to set sail in. Well, I certainly am. I look at myself as having the biggest ship out there."

He added: "There's a very big market for people that are looking now into alternative investment, but asset-based. The ones that take on the cryptocurrency as an investment are, I wouldn't say they were gamblers as such, but they take on more risks."

Townley first sold a painting for bitcoin in 2017 and is working on his own blockchain-encrypted 'art coin'. His entire new collection, Universe, can be bought using cryptocurrency.

Embracing blockchain has been part of a wider digital transformation undergone by Townley's studio. He is about to launch a virtual reality gallery that will exhibit his works and studio online in their entirety, with information on the process of creating and curating his art.

This way, he can cut out the middle man — the art agents and galleries — who take 50% commission on sales and are often responsible of upwards of 40 artists. When he wants to sell a piece, he sends the details to curated WhatsApp groups of his collectors. From the first message to receiving payment, it can take less than 24 hours. 

According to Townley, this is all evidence that the traditional "stuffy" art world is in decline. He said: "The model doesn't work anymore; it's dead, it's over, it's gone."

Opening it up to a new wave of investors who are interested in the tech as well as the art, is transforming the industry. 

Crypto is highly risky, highly variable and not regulated

As with much of the wider crypto space, the people advocating for blockchain-led change in the art world are often driven by an ideological affinity with the movement.

For crypto artist Vesa Kivinen, his initial interest in blockchain came from a disillusionment with the handling of the global 2008 financial crisis and what he sees as the failure of the existing monetary system.

Like most crypto adopters in the art world, he sees blockchain technology as a way of democratizing art. 

"It's giving an opportunity to new voices to come into the industry that would otherwise have a very terrible time trying to get in with their expression into the legacy art world," said Kivinen.

Bailey, Townley, and Kivinen are all aware of the risks of relying on a technology that is largely unregulated. With the market still very much in its infancy, it's a "bit like a gold rush of the Wild West," said Kivinen.

As with cryptocurrencies, buyers using these platforms put themselves at risk of being scammed.

"At the moment, everyone in the industry is incredibly well-behaved because everyone is early adopters," said Bailey. "I do think there is a potential for misuse as with all technology. But I think the pros for the people who want to use it legitimately outweigh the cons massively."

Bailey says platforms like Blockchain Art Exchange are still accountable to customers. "We still hold the responsibility of what comes on [the platform]," he said. "Unlike with bitcoin, where there is no party to hold accountable."

And traditional art institutions are buying in.

In December 2018, British auction house Christie's auctioned the Barney A. Ebsworth Collection, the first art auction of its price level to be recorded on the blockchain.

"Christie's leadership is reflected and supported by continued investment in digital platforms and initiatives that work for our clients," a Christie's spokesperson told Business Insider. "It is early days and this was a pilot blockchain project for this reason. We'll see where this might lead but this sale has been a great starting point for us all."

Original author: Amy Borrett

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Aug
11

Dan Loeb ditched all his shares of Snap

Chelsea Clinton. Brendan McDermid/Reuters

Good morning! This is the tech news you need to know this Friday.

Sony is making a $250 million "strategic investment" in Epic Games, the company behind "Fortnite," the two announced on Thursday. That $250 million buys Sony a 1.4% stake in Epic Games, which puts Epic's current valuation at just shy of $18 billion.Apple began rolling out the public beta of iOS 14, its next major software update for the iPhone, on Thursday. The update brings a bunch of new features to the iPhone that touch nearly all aspects of the operating system, from the iPhone's home screen to Siri, as well as apps like iMessage and Maps.Twitter billionaire Jack Dorsey announced he will be funding a universal basic income experiment that could affect up to 7 million people. Jack Dorsey's fellow Silicon Valley billionaires Elon Musk and Mark Zuckerberg think a universal basic income could help poor Americans, too.The UK and Australia are investigating Clearview AI, the facial recognition firm that scraped billions of photos from social media. The UK's ICO and Australia's OAIC are looking into Clearview AI's "use of 'scraped' data and biometrics of individuals."
German authorities have seized a server that hosted thousands of sensitive police documents published as part of the BlueLeaks data dump. The German prosecutors behind the seizure were acting at the request of the US government, they told the Associated Press. The FBI and other US officials have not commented on the seizure.A surge in people signing up to streaming services and online shopping during lockdown risks the exposure of more personal data than ever. According to new research from data privacy firm Mine, the number of US consumers handing their information to ecommerce sites and others surged by 60% between January and April. An Uber-backed influence campaign against bike and scooter 'rider surveillance' lost the support of major privacy groups once they found out the company was involved. Communities Against Rider Surveillance, which Uber supports, is trying to influence the debate over how cities use shared bike and scooter data. Alex Stamos, Facebook's former chief security officer, said Facebook's approach to handling political speech has been "haphazard," in an interview with CNBC. Stamos said Zuckerberg should be thinking more about the potential Facebook has to amplify speech when making such decisions rather than viewing interference with political content as being censorship.Chelsea Clinton is forming her own venture capital firm, according to a report from Axios. The firm, called Metrodora Ventures, was registered in April and has its own Twitter account, though it's still in its early stages and Clinton hasn't decided whether to commit to the firm full-time, Axios reports.Trading app Robinhood installed bulletproof glass after frustrated traders kept showing up at its office, according to the New York Times. An explosion of stock-market volatility as the global economy grapples with a pandemic, coupled with record unemployment, has caused a surge in interest for the app, which pioneered commission-free stock trading for a much younger audience than traditional brokerages.

Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Business Insider" in your Alexa's flash briefing settings.

You can also subscribe to this newsletter here — just tick "10 Things in Tech You Need to Know.

Original author: Shona Ghosh

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Feb
24

Techstars’ Neal Sáles-Griffin will join us at TechCrunch Early Stage 2021 to talk accelerators

You can download content on Quibi for viewing offline, which is convenient if you are somewhere without access to the internet.To download a video, tap the three dots in the corner of the video preview and choose to download it.You can find saved videos in the Downloads folder at the bottom right of Quibi's home screen. Visit Business Insider's Tech Reference library for more stories.

Quibi — a new streaming video subscription service — offers a lot of short-form content intended to be watched on your phone while on the go. 

However, it's also possible to stream Quibi to your TV using Chromecast and AirPlay. If you know you're going to be somewhere that you don't have access to the internet, you can download Quibi videos for offline viewing. 

When it comes to downloading on Quibi, there are a couple of caveats. First, not all videos are available for download. If you tap the three dots and don't see a download option, that content can't be downloaded.

Second, not all videos will remain permanently on your phone after downloading. Some videos will expire and disappear from the Downloads folder, so don't wait too long to watch anything you've downloaded. 

If you're on an ad-supported Quibi subscription, you may need to watch a short ad before the download begins. Otherwise, the video will download right away.

When you're ready to download on Quibi, here's how to do it. 

Check out the products mentioned in this article:

iPhone 11 (From $699.99 at Apple)

Samsung Galaxy S10 (From $699.99 at Walmart)

How to download episodes on Quibi

1. In the Quibi app, find a video you want to watch (but don't tap it to start playing).

2. Tap the three dots in the corner of the video. 

3. When a pop-up menu appears, tap "Download Episode."

Use the three-dot menu to download a video. Dave Johnson/Business Insider

4. Close any video that is playing and go to Quibi's home screen. 

5. Tap "Downloads" in the toolbar at the bottom of the screen to see a list of now downloaded videos. 

6. Tap the title you want to watch. 

Tap "Downloads" to see the list of videos you have saved to watch later. Dave Johnson/Business Insider

Insider Inc. receives a commission when you buy through our links.

Original author: Dave Johnson

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Sep
07

Former GrubHub employee testified drivers often complained about ‘ghost orders’

It's pretty common to have to delete a slide in PowerPoint. Maybe your presentation is going on a bit too long and you need to cut content. Or maybe you were keeping a slide for notes that you don't want to appear in your presentation.

Regardless of the reason, there's good news: PowerPoint makes it very easy to delete slides, no matter what version of it you have. 

In fact, the solution is so intuitive, you may have missed it altogether while looking for a delete button or a trash bin somewhere in the application.

If you need to delete a PowerPoint slide, here's how you do it, using any version of PowerPoint on your Mac or PC.

Check out the products mentioned in this article:

Apple Macbook Pro (From $1,299.00 at Apple)

Acer Chromebook 15 (From $179.99 at Walmart)

How to delete a slide in PowerPoint

1. Open your PowerPoint presentation and right-click (or hold Control as you click) any slide you want to delete in the left sidebar.

2. From the drop-down list that appears, select "Delete" or "Delete Slide."

Right-click the slide and click "Delete." Melanie Weir/Business Insider

Even better, PowerPoint will actually allow you to delete multiple slides at once — in case you need to delete a whole section or trim a few extras here and there.

To delete a section of slides that are right next to each other, just hold shift and select the first and last slides in the section. This will select those slides, as well as every slide between them. Once they're selected, just delete them the same way you did above.

To delete multiple slides that aren't next to each other, hold down the Ctrl or Command key and click on each slide you want to delete. Once selected, right-click any of them and select the "Delete" option.

Insider Inc. receives a commission when you buy through our links.

Original author: Melanie Weir

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Sep
07

Roundtable Recap: September 7 – Multiple Seed Rounds May Be Needed to Mitigate the Series A Gap - Sramana Mitra

You can see your Amazon Prime Video purchases in the "My Stuff" section of the Prime Video website or app after you've bought or rented a video.Select "Purchases & Rentals" within My Stuff to see your videos.Some smart TVs put "Purchases & Rentals" directly on the home screen, so you don't need to go to "My Stuff" first. Visit Business Insider's Tech Reference library for more stories.

Once you rent or buy a movie or TV show on Amazon Prime Video, it should be immediately available for you to watch. 

Purchased shows and movies are yours forever, though you only have 30 days to start watching rented content; After that, the rental expires and the video disappears from your queue. 

But no matter what kind of device you are using, the process for finding and watching these purchases is basically the same. 

Check out the products mentioned in this article:

Amazon Prime (From $99.99 a year at Amazon)

Samsung 50-inch Smart TV (From $399.99 at Best Buy)

How to see your Prime Video purchases on the mobile app

1. Start the Prime Video app on your mobile device.

2. At the bottom right of the screen, tap "My Stuff."

Go to "My Stuff" in the lower right corner to find your purchased videos. Dave Johnson/Business Insider

3. At the top of the screen, tap "Purchases."

4. You should see a list of all purchased and rented TV shows and movies. To start watching, just tap the one you want. 

Filter your stuff by choosing “Purchases.” Dave Johnson/Business Insider

How to see your Prime Video purchases in a web browser 

1. Open the Prime Video website in a browser. 

2. At the top of the screen, in the row of links that starts with Prime Video, click "My Stuff."

3. Click "Purchases & Rentals."

4. You should see a list of all purchased and rented TV shows and movies. To start watching, just click the one you want. 

The Prime Video website stores your videos in the "Purchases & Rentals" tab of "My Stuff." Dave Johnson/Business Insider

On certain devices, such as some streaming media players or smart TVs, there may not be a "My Stuff" menu. Instead, you'll just see "Purchases & Rentals" on the Prime Video app's home screen. Choose that to see your list of purchased videos.

Insider Inc. receives a commission when you buy through our links.

Original author: Dave Johnson

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Sep
08

Crunch Report | Marvel and Star Wars going exclusively to Disney streaming

Several major digital privacy groups pulled their support for an Uber-backed influence campaign after learning of the company's involvement, WIRED first reported Thursday.The campaign, Communities Against Rider Surveillance, is a coalition of 25 organizations that Uber helped form to steer the debate around cities' use of scooter and e-bike trip data.Fight for the Future deputy director Evan Greer told Business Insider she shared concerns about trip data and privacy but that the group backed out of CARS because Uber's involvement was not "clearly disclosed."CARS spokesperson Keeley Christensen told Business Insider that "any suggestion by proponents of real-time location tracking that there is some sort of sleight-of-hand here is both misleading and an effort to cloud the serious privacy issues at stake."Uber sued Los Angeles earlier this year over its use of trip data, an issue that has drawn pushback from CARS and a bevy other privacy advocates who worry how cities and law enforcement might abuse it.Visit Business Insider's homepage for more stories.

Uber's quiet involvement with a group trying to shape public debate around cities' use of scooter and e-bike trip data has scared off several of its big-name supporters, WIRED first reported Thursday.

The group, Communities Against Rider Surveillance, is backed by 25 organizations including Uber and aims to "raise awareness of real-time location tracking and encourage a public dialogue before cities implement surveillance tools that put people at risk," CARS spokesperson Keeley Christensen told Business Insider.

But despite sharing some of the same worries about data privacy, advocacy groups Fight for the Future and Algorithmic Justice League withdrew from CARS after learning that Uber is one of its main backers, according to WIRED. Racial equality group MediaJustice told Business Insider it similarly "immediately pulled out" after becoming aware of the connection.

"It was frustrating to have to pull out of this coalition," Fight for the Future deputy director Evan Greer told Business Insider.

"We share their concerns about the ways that transportation data, even when anonymized, could be abused by government agencies, law enforcement, and others," Greer said, "But Uber's involvement and backing of the effort was not clearly disclosed to us. We think companies should engage in advocacy transparently."

Uber and CARS both refused to disclose the sources of the coalition's' funding. Christensen referred Business Insider to her statement to WIRED, which said that CARS "is grateful to have support from a wide and diverse group of organizations" and that Uber had been listed on its website "since day one."

"Any suggestion by proponents of real-time location tracking that there is some sort of sleight-of-hand here is both misleading and an effort to cloud the serious privacy issues at stake," Christensen told Business Insider.

Other members of CARS contacted by Business Insider raised similar worries about Uber's track record as a company, but said they would continue to support the coalition's work around privacy.

"I have concerns about Uber, of course (rotten pay for drivers, horrible corporate environment, etc, etc)," said Patient Privacy Rights President Dr. Deborah Peel, but she added that "the rest of the coalition is organizations that speak for the public's best interest."

Tracy Rosenberg of Oakland Privacy said she took issue with Uber's "corporate performance in many aspects" but that she was aware of its involvement in CARS. "On the limited issue of whether raw mobility trip data should be transferred to cities directly or to third parties, we believe unequivocally that it should not be."

An Uber spokesperson told Business Insider that the company is glad to be a founding member of CARS and to see more organizations speaking out on the issue, saying Uber believes government demands for trip-level data violate riders' privacy.

CARS' advocacy is focused specifically on Mobility Data Specification, a data-sharing standard developed by the Los Angeles Department of Transportation that is used by cities to track scooter and e-bike locations. As urban streets have become increasingly crowded with ride-share companies' vehicles, cities like Los Angeles have passed regulations on their use, some of which have included requirements that companies like Uber — which until recently owned scooter and e-bike startup Jump — share anonymous, near-real-time data on individual trips.

That approach has prompted concerns from the ride-hail companies, citing rider privacy and, implicitly, the potential it will expose their trade secrets. In March, Uber sued LADOT over its collection of trip-level data.

"Some cities are taking a responsible approach to transportation planning. They're starting by asking what problems they want to solve, and what information they need to get there," Christensen said. "But Los Angeles is moving in the wrong direction" by not being more transparent about how it will use, store, and secure data.

Meanwhile, privacy advocates ACLU and Electronic Frontier Foundation filed their own lawsuit against the city in June, saying it was an overreach of government surveillance and could lead to misuse of the data by law enforcement agencies. (Los Angeles city officials have released "data protection principles" that discuss how they intend to ensure people's privacy).

In their heated battle with ride-hail companies over which data they should be required to provide, cities' distrust of the companies has been fueled in part by Uber's own checkered history around transparency and data privacy as well as its persistent opposition to regulation. In 2017, The New York Times revealed Uber was intentionally deceiving authorities by serving up a fake version of its app to local officials. Later that year, WIRED reported that Uber tried to cover up a data breach involving 57 million users by paying the hackers a $100,000 ransom.

Axel Springer, Insider Inc.'s parent company, is an investor in Uber.

Original author: Tyler Sonnemaker

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Dec
23

Why the industrial metaverse will eclipse the consumer one

You can reset your Apple ID password at any time if you've forgotten it or lost your device.You can reset your Apple ID password on someone else's device through the "Find My" or "Find My iPhone" app.You can also reset your Apple ID password on someone else's device through the Apple Support app, but they'll need iOS 12 or higher to download it. To reset your Apple ID password through a browser, you'll need access to at least one of your Apple devices and your Apple ID email.Visit Business Insider's Tech Reference library for more stories.

Forgetting a password can feel like the end of the world, especially when it's the password to an account like your Apple ID. Your Apple ID gives you access to your iCloud, devices, and more, and without it, you're locked out of an essential part of your personal and even professional life. 

For those who have access to at least one of their Apple devices, the process for resetting your Apple ID is pretty straightforward on a browser. If you don't have your device, you'll have to use workarounds like the Find My iPhone app.

You can also download the Apple Support app onto someone else's device and try to reset your password that way. Any information you enter during the process will not be stored on the device. 

Here are a few ways you can reset your Apple ID password. 

Check out the products mentioned in this article:

iPhone 11 (From $699.99 at Apple)

Apple Macbook Pro (From $1,299.00 at Apple)

How to reset your Apple ID password with the Find My app on your own or someone else's device

1. Download the "Find My" app (previously known as Find My iPhone) if it's not already there, then open it on the iPhone, iPad, Mac, or iPod Touch you're using.

2. On the sign-in screen erase the Apple ID field if it isn't empty. 

You may see someone else's Apple ID username. Abbey White/Business Insider

3. If you don't see a sign on screen, choose "Sign Out," then clear the Apple ID field. 

4. Tap "Forgot Apple ID or Password" link. 

5. Enter the device's passcode. 

You will need to ask the device owner for the passcode if it isn't your device. Abbey White/Business Insider

6. Enter your new password and enter it again to verify it. 

Your Apple ID password must be at least 8 characters and feature numbers, uppercase and lowercase letters. Abbey White/Business Insider

7. Select "Next" in the upper right-hand corner to confirm the change. 

8. Select "Next" and follow the prompts to receive confirmation of the password change.

How to reset your Apple ID password with the Apple Support App using someone else's iPhone or iPad

1. Download the Apple Support app.

2. After opening the app, tap "Products" at the top of the screen.

3. Scroll down until you see "Apple ID," and tap it. 

This option is featured next to a palette of app icons, right above the Apple Music icon. Abbey White/Business Insider

4. Select "Forgot Apple ID Password."

This is the first menu option under topics. Abbey White/Business Insider

5. Choose "Get Started."

This will launch the process of resetting your password. Abbey White/Business Insider

6. Tap the "A different Apple ID" link. 

7. Enter the Apple ID you want to reset the password for. 

8. Select "Next" and follow the prompts to receive confirmation of the password change.

How to reset your Apple ID password on your web browser using your phone number and one of your devices

1. Go to your Apple ID page. 

2. Click the "Forgot Apple ID or password?" link. 

You can find this link beneath the Apple ID box. Devon Delfino/Business Insider

3. Enter your Apple ID. 

If you've forgotten your Apple ID, you can use the blue "look it up" link on the page. Abbey White/Business Insider

4. Enter the phone number associated with your Apple ID account, then press "Continue." 

Apple will help you remember the number associated with your account by giving you the last two digits. Abbey White/Business Insider

5. Apple will send a desktop or mobile notification to all your registered devices, prompting you to reset your password through one. 

6. Follow the prompts on your device to change your Apple ID password for a successful reset.

Insider Inc. receives a commission when you buy through our links.

Original author: Devon Delfino

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Nov
19

3 ways communications teams can simplify Web3 UX for mass adoption

On Thursday, Jack Dorsey, the billionaire CEO of Twitter, announced he is working with 14 American mayors to fund universal basic income (UBI) trials in their cities.The pilot programs will be run city by city and have not yet launched.Former presidential candidate Andrew Yang helped bring the idea of universal basic income into the mainstream and is funding his own UBI pilot program.Proponents say guaranteed incomes could help close America's growing wealth gap, while others say they could compound America's financial crisis by encouraging people to stop working.Visit Business Insider's homepage for more stories.

Billionaire Jack Dorsey, the cofounder of Twitter, is spending millions to experiment with universal basic income.

Dorsey's experiment is part of a larger initiative called Mayors for a Guaranteed Income. On Thursday, the group announced the program could impact as many as 7 million Americans across 14 different cities, including Los Angeles; Atlanta; Newark, New Jersey; and Jackson, Mississippi. The involved mayors say they plan to launch guaranteed income pilot programs in their cities at an unspecified future date and lobby federal lawyers to consider a national one, too.

The coalition behind the experiment says giving people a guaranteed income could lift people out of poverty and cushion the economic and career blows of the coronavirus crisis.

Dorsey, who has built up a net worth of $7.5 billion, will sink $3 million from his nonprofit into the program, according to the announcement. The UBI program comes shortly after Dorsey's widely publicized pledge to donate $1 billion to coronavirus relief efforts.

The group did not specify who will be eligible for payments and how much they will receive each month under their plan. In a statement, it said that it envisions the basic income as a flexible supplement to existing social programs. At least two cities — Jackson, Mississippi; and Stockton, California — represented in the mayors' coalition already have working guaranteed income pilot programs, while Chicago, Newark, and Atlanta have task forces exploring programs of their own, according to the group's website.

Proponents and past research claim that a guaranteed income could be the best way to level the wealth divide between the richest and poorest Americans, a chasm that has grown even wider during the coronavirus pandemic. Critics of basic incomes say the economic effects of such proposals haven't been thoroughly researched and could stop recipients from working, Business Insider previously reported.

Still, Dorsey isn't the only wealthy American experimenting with universal basic income. Entrepreneur and former presidential candidate Andrew Yang announced in May that he will give $500 to 20 New Yorkers every month for the next five years through his nonprofit in an effort to test the effects of the policy.

Yang made his universal basic income proposal — a scheme, called the Freedom Dividend, that would pay every American adult $1,000 monthly — a central part of his presidential campaign. Once considered an unlikely policy proposal championed only by Silicon Valley titans like Mark Zuckerberg and Elon Musk, guaranteed income has since gained traction with lawmakers on both sides of the aisle.

UBI proposals can be traced back as far as the 16th century, but have been floated throughout American history by a wide range of leaders including Thomas Payne and Martin Luther King, Jr. The one-time $1,200 stimulus checks Americans received earlier this year as a part of the CARES Act were essentially an interim universal basic income, Business Insider previously reported.

Original author: Taylor Nicole Rogers

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