WhatsApp should withdraw privacy-invading policy update: India’s Ministry of Technology

In a statement on Tuesday, India’s Ministry of Technology said, it has told Facebook Inc-owned WhatsApp to withdraw the recent changes in its privacy policy since it they take away choice from Indian users. “The proposed changes raise grave concerns regarding the implications for the choice and autonomy of Indian citizens,” said Ministry of Technology…

Twitter announces global launch of disappearing tweets – fleets

Twitter Inc has announced the global launch of a new feature – tweets that disappear after 24 hours. The feature has similarities with Snapchat’s stories, and Instagram’s status feature. “Some of you tell us that Tweeting is uncomfortable because it feels so public, so permanent, and like there’s so much pressure to rack up Retweets and…

Latin American SoftBank-backed startup Kavak is Mexico’s first unicorn

In a significant development, SoftBank-backed used-car platform Kavak has become Mexico’s first ever tech “unicorn”. The startup was valued at $1.15 billion in its latest funding round last month, said its CEO Carlos Garcia. Since its founding in 2016, Mexico City-based Kavak has raised more than $400 million in total funding with SoftBank, Greenoaks Capital…

China unveils financial incentives to boost adoption of hydrogen fuel cell vehicles

On Monday, China finance ministry stated, it plans on rolling new policies to support hydrogen fuel cell vehicles in order to boost the industry’s supply chain and related technologies. China has emerged as the world’s biggest market for new energy vehicles (NEVs), which includes plug-in hybrids, battery electric vehicles as well as and hydrogen fuel…

Estonia’s ride-sharing service provider Bolt launches e-scooter in 45 cities

On Wednesday, Estonia’s Bolt, a ride-sharing service provider, launched its own electric scooter model with the aim of launching the scooter service in more than 45 cities this summer. The Estonian company has grabbed business from Uber in many major African and Eastern Europe cities. Bolt has more than 30 million users in over 35…

Roche increase gene therapy footprint with $1.5 billion licensing deal with Sarepta Therapeutics

On Monday, in a statement Roche said, it has entered into a $1.15 billion licensing deal with Sarepta Therapeutics to obtain the right to launch and commercialize Sarepta’s investigational gene therapy for Duchenne muscular dystrophy (DMD) outside the United States. Roche will be making an upfront payment of $750 million in cash and $400 million…