Ford set to create a new joint venture to produce EVs in China

 Automaker Ford will team up with local partner Anhui Zotye Automobile to create a new joint venture in China aimed specifically at producing electric cars. The deal will see Ford and its new partner sell the vehicle sunder a local brand, rather than with its “Ford” name, and ultimately its aim is to produce even more ...

Matterport grabs $5M more to accelerate deep learning development for their 3D capture tech

 Matterport is picking up new funding as it looks to speed the development of deep learning tech in its capture technology which brings immersive views of spaces into 360-degree 3D The company, which largely specializes in scanning spaces for commercial and real estate purposes, announced today that they’ve picked up $5 million in funding from ...

IBM, Kroger, Walmart and others team up to improve food safety with blockchains

 IBM today announced that it is working with a consortium that includes Dole, Golden State Foods, Kroger, McCormick and Company, Nestlé, Tyson Foods, Unilever and Walmart to bring the benefit of blockchains to the food supply chain. IBM, just like most of its competitors in the public cloud computing space, has been working on various blockchain projects ...

Survey: Parents are maybe not great role models when it comes to texting and driving

 A new survey by EverQuote, a venture-backed online insurance marketplace, has some good news for parents, and some bad. The good news: in a just-published study commissioned by Everquote and carried out by the survey platform Pollfish, 55 percent of 1,200 teen respondents surveyed across the web readily admit that cell phones are the biggest ...

UK’s Prodigy Finance raises $240M to crowdfund students from emerging markets

 UK fintech startup Prodigy Finance has raised a whopping $240 million funding round, certainly one of the largest by a UK company this year. The company provides loans to international students from emerging markets, enabling them to study at business schools in the US, the UK and Europe. The fundraise includes a $40 million Series ...

Samsung’s Bixby assistant is now available for Galaxy S8 owners worldwide

 Samsung’s Bixby voice assistant is now global after it expanded into over 200 countries today. Bixby is Samsung’s answer to Apple’s Siri, Amazon’s Alexa and other virtual assistants. It got off to a bumpy start when it didn’t ship with the launch of the Galaxy S6, Samsung’s top-of-the-range device for this year, in March. Samsung ...

Pre-owned jewelry marketplace TrueFacet now sells brand-new bling

 Since launching in 2014, TrueFacet has emerged as the go-to place for fans of high-end jewelry and watches to find quality pre-owned merchandise for sale online. Now, after establishing itself as a trusted source for some of the most popular jewelry brands, those companies have turned to TrueFacet to help sell their goods directly to consumers. ...

Wal-Mart takes a cue from Amazon and applies for its own drone-deploying blimp patent

 Wal-Mart Stores Inc. is taking on Amazon in what appears to be a copycat move — by applying for a drone-deploying blimp patent. You may recall about a year ago Amazon filed a patent for a flying warehouse that will send drones to your door. Now Walmart wants in on Amazon’s idea. Read More Source: ...

Elucd’s polling pushes for greater community accountability for police

 From his time working as the wunderkind pollster for Barack Obama’s 2008 presidential campaign to the launch of his new startup, Elucd, Michael Simon has believed in the power of community feedback. At Elucd, which is graduating from the latest batch of Y Combinator startups, Simon is looking to take the skills he’d honed on ...

Blue Apron hit with multiple class action lawsuits

 Blue Apron just can’t catch a break. The cooking kit company has seen its share price nearly cut in half since its late June IPO and now it could be in legal trouble, too. Now law firms are coming after the company with proposed class-action lawsuits, alleging that Blue Apron failed to adequately disclose material ...