Uber said on Tuesday it has sold its food delivery business, Uber Eats, in India to local rival Zomato as the American ride-hailing giant races to shed lossmaking operations to become profitable by next year. As part of the deal, Uber would own 9.99% of Zomato and its Eats users would become part of the… Continue reading Uber sells food delivery business in India to Zomato
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Subaru plans to sell only electric cars by the middle of the 2030s
Sponsored Links Subaru By Ronan Glon Nipping infinite rumors in the bud, Subaru confirmed the Outback, the Forester, the BRZ, the WRX STI, and every other car it makes will go electric or disappear by the middle of the 2030s. The Japanese automaker announced it plans to kick gasoline-powered cars out of its global portfolio… Continue reading Subaru plans to sell only electric cars by the middle of the 2030s
Self-drive rental platform Zoomcar raises $30m from Sony fund, others
The Sony Innovation Fund was set up by Japanese technology giant Sony in June 2019 in partnership with Daiwa Capital Holdings to invest in growth-stage technology companies. Zoomcar plans to deploy the capital for growth, to improve its technology and data science infrastructure, besides upgrading its IoT capability that is currently being used for its… Continue reading Self-drive rental platform Zoomcar raises $30m from Sony fund, others
Asia Digest: Nest Tech VN backs Joosk Studio; SK’s Kakao Mobility launches ride-hailing service in Vietnam
Vietnam-based VC firm Nest Tech VN has led a six-figure equity investment in Myanmar’s leading animation company Joosk Studio. In a separate development, Kakao Mobility, the transportation unit of South Korea’s Kakao Corp, has launched ride-hailing services in Vietnam. Nest Tech VN invests in Joosk Studio Vietnam-based VC firm Nest Tech VN has led a… Continue reading Asia Digest: Nest Tech VN backs Joosk Studio; SK’s Kakao Mobility launches ride-hailing service in Vietnam
Tencent to broaden overseas investments, target smart retail activities
Of the more than 800 companies currently in Tencent’s investment portfolio, about 70 are listed and roughly 160 are unicorns. Go to Source
Vegan cars are the next big fad in the automotive industry
Could a vegan steak bake change the car industry? It might sound tenuous, but the phenomenal success of the unlikely offering from Greggs, along with myriad other vegan products from national chains that have been rolled out for ‘veganuary’ this month, demonstrate that catering to the growing demand for animal-free products is big business. The growing… Continue reading Vegan cars are the next big fad in the automotive industry
IFC mulls $50m loan investment in Vietnamese logistics firm ITL
Login We will never share your information with third parties. If you don’t already have an account click the button below to create your account. Sign up here OR Sign in with Facebook Sign in with Twitter Sign in with Google Sign in with LinkedIn Go to Source
Tesla says unintended acceleration claims are ‘completely false’
Sponsored Links Roberto Baldwin/Engadget Tesla just rejected any notion that its cars are prone to unintended acceleration. In a blog post, the EV maker claimed that a petition describing unexpected acceleration was “completely false” and the product of a “Tesla short-seller” hoping to make a quick buck. Every case where Tesla had a car’s data… Continue reading Tesla says unintended acceleration claims are ‘completely false’
Velodyne Will Sell a Lidar for $100
Original Article
Chemicals companies should be allowed to drug test employees, says minister
Do not drink and work Photo: Depositphotos.com
The Dutch government wants to make it possible for chemicals companies to test their employees for drug and alcohol use.
Social affairs junior minister Tamara van Ark has proposed that privacy rights be waved for more companies where intoxicated workers would cause significant safety risks.
Already, pilots, train drivers and police officers can be checked by their employers.
Van Ark said in a government news statement: ‘Employees working in an organisation under the influence of alcohol or drugs incur safety risks for themselves, their employees and their environment. This kind of behaviour does not belong to the work floor and it is important to take action against it so that everyone can work in safety. This is why I want to make it possible to test for alcohol or drug use in workplaces with specific risk factors.’
The government aims to strengthen prevention, advice and support for employees, but stresses that it is also their own responsibility not to show up under the influence of drugs.
Some companies, such as Nedcar, already reportedly perform such tests but according to the NOS broadcaster, firms that test without a legal basis for doing so could risk fines.
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