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Singapore-based Bolttech, a B2B2C startup that offers “embedded” insurance products, raised a $196M Series B led by Japan's Tokio Marine at a $1.6B valuation (Catherine Shu/TechCrunch) 17-05-2023

Catherine Shu / TechCrunch: Singapore-based Bolttech, a B2B2C startup that offers “embedded” insurance products, raised a $196M Series B led by Japan’s Tokio Marine at a $1.6B valuation  —  Embedded insurtech is still hot, as the $196 million in funding landed by bolttech proves. Lees verder op Tech Meme

Since April 6, the Cyberspace Administration of China closed 107K online accounts of counterfeit news outlets and anchors and removed 835K pieces of content (Reuters) 17-05-2023

Reuters: Since April 6, the Cyberspace Administration of China closed 107K online accounts of counterfeit news outlets and anchors and removed 835K pieces of content  —  China has intensified efforts to clean up the internet from false news and rumours, closing more than 100,000 online accounts … Lees verder op Tech Meme

India announces a ~$2B incentive scheme to entice makers of laptops, tablets, and other hardware, running for six years, following the 2021 smartphone program (Sankalp Phartiyal/Bloomberg) 17-05-2023

Sankalp Phartiyal / Bloomberg: India announces a ~$2B incentive scheme to entice makers of laptops, tablets, and other hardware, running for six years, following the 2021 smartphone program  —  India is unveiling a 170 billion rupee ($2 billion) financial incentive plan to draw makers of laptops, tablets and other hardware … Lees verder op Tech Meme

Instagram adds support for GIFs in comments on posts and Reels, plans to launch a lyrics feature for Reels, and will roll out Instagram Gifts in India (Ivan Mehta/TechCrunch) 17-05-2023

Ivan Mehta / TechCrunch: Instagram adds support for GIFs in comments on posts and Reels, plans to launch a lyrics feature for Reels, and will roll out Instagram Gifts in India  —  On Tuesday, Mark Zuckerberg held a chat with Instagram head Adam Mosseri as part of the company launching collaboration feature on broadcast channels. Lees verder op Tech Meme

An investigation finds some US public housing agencies use surveillance cameras with facial recognition and AI to evict residents, sometimes for minor breaches (Douglas MacMillan/Washington Post) 17-05-2023

Douglas MacMillan / Washington Post: An investigation finds some US public housing agencies use surveillance cameras with facial recognition and AI to evict residents, sometimes for minor breaches  —  Surveillance cameras purchased with federal crime-fighting grants are being used to punish and evict public housing residents … Lees verder op Tech Meme