Lyft raising additional $500 million on top of recent $1 billion round

 Lyft is seeking to raise an additional $500 million, over and above the $1 billion it raised in a round led by Alphabet venture arm CaptialG last month. The $500 million is an extension of that round, the company told Axios, and is not yet closed. But it should add to Lyft’s overall valuation once closed, bringing its post-many total to $11.5 billion. The round extension would allow Lyft… Read More

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ProtonMail bolts on an encrypted contacts manager and digital signing for contacts

 Another neat addition to end-to-end encrypted email client ProtonMail: It’s added a zero-access encrypted contacts manager that also digitally signs the contact info you store in it.  Read More

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Twitter is testing Bookmarks, a feature to privately flag Tweets for later

 Last month, Twitter started work on a new “save for later” feature for Tweets in your timeline that you wanted to flag to refer back to in the future. Now it’s given the feature a name — it will be called Bookmarks — and is running tests with it. The news was made public last night in a series of Tweets from Tina Koyama, a staff product designer at the company,… Read More

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Tesla completes the world’s largest battery for Australian wind farm

 Tesla has managed to deliver something on time, even if it \’s falling behind its projections for the Model 3 electric car: It has completed production of a massive battery farm in South Australia, which is designed to capture and store energy produced by a wind farm and distribute it to the grid when it’s needed most, in an effort to curb frequent summer blackouts. The Tesla… Read More

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Let’s talk about commercial drones at TechCrunch Disrupt Berlin

 Everyone loves drones, including companies with very specific needs. Drones once were the hot new thing and the perfect birthday gift. But drone makers are now realizing that there’s a bigger opportunity with commercial use cases, from farming to inspection. That’s why we’re excited to announce that three founders of three amazing companies in the drone industry will join us… Read More

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FTC evaluating “serious issues” raised by Uber breach

 The FTC has now put out a statement regarding the Uber data breach which the company concealed for the best part of a year before finally disclosing it, under new CEO Dara Khosrowshahi, on Tuesday by passing details to Bloomberg. Read More

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Mobile payment and loyalty platform Yoyo Wallet integrates with Starling Bank

 In another example of Starling Bank jumping on the Open Banking/PSD2 train before legislation in the U.K. and Europe next year will force banks to do so, it is launching its latest API partnership: this time with Yoyo Wallet, the U.K.-based mobile payment and loyalty platform. Read More

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Indian home healthcare platform Portea Medical raises $26M Series C

 Portea Medical, one of India’s biggest platforms for home healthcare visits, has raised $26 million in Series C funding to expand its service range. The round was led by Sabre Partners and MEMG CDC, with participation from returning investors Accel (which led Portea’s Series B two years ago), the World Bank Group’s International Finance Corporation and Qualcomm Ventures. Read More

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Crunch Report | Uber’s data breach and Apple’s self-driving cars

 Today’s Stories

Uber’s big data breach
Facebook to single out election trolls
Apple’s self-driving car research
FCC issues final draft of plan to kill net neutrality 

Written by: Brian Heater
Hosted by: Brian Heater
Filmed by: Veanne Cao
Edited by: John Murillo


That’s it for this week. And for me. Tito’s back on Monday. A very Happy… Read More

from iFeeltech IT News Mix4