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Google-backed ShareChat cuts 20% workforce to ‘sustain through headwinds’

TechCrunch

In December, ShareChat laid off nearly 5% of its workforce of 2300 employees as a result of shutting down its fantasy sports platform Jeet11. “Keeping these factors in mind, we need to prepare the company to sustain through these headwinds. ” Exact details on what roles are impacted were not disclosed.

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Micro-EV subscription startup Dance pulls in another €12M from existing investors

TechCrunch

The company offers electric bikes and mopeds on a monthly subscription basis, which come with servicing, repairs, theft insurance, and replacement bikes in the case of theft. The vehicles are also now being offered as an employee benefit, via Dance For Business, and has signed-up partners including Google and Urban Sports Club.

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Scrum Ventures launches new program to connect startups with Japanese corporations

TechCrunch

Headquartered in San Francisco and Tokyo, Scrum Ventures is known for its accelerator programs focused on sports, food and smart city tech. The future of sports tech: Here’s where investors are placing their bets. The future of sports tech: Here’s where investors are placing their bets.

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Extra Crunch roundup: Unpacking BuzzFeed’s SPAC, curb your meeting enthusiasm, more

TechCrunch

GM Vice President of Innovation Pam Fletcher is in charge of the company’s startups that tackle “electrification, connectivity and even insurance — all part of the automaker’s aim to find value (and profits) beyond its traditional business of making, selling and financing vehicles,” Kirsten Korosec writes. Image Credits: Chevrolet.

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Connected Vehicles Highlight Big Opportunities and Concerns For OEMs

Perficient

Personalization was limited to my vanity plates, sports stickers on the dashboard, and fuzzy dice hanging from the mirrors. A small example of this network is connected tires, where the product can provide data on driver habits, inform insurance companies to improve rates, and help ensure driver behavior is safe.

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The Mercedes-AMG Petronas Formula One Team Wins Year After Year

TIBCO - Connected Intelligence

What’s more, you need an adaptable and innovative strategy that helps you expect the unexpected and sustain a competitive advantage year after year. Traditionally, there have been two: technical, which deal specifically with the car, and sporting, which details how practices, races, and car adjustment times are set up.

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Investors prove that insurtech isn’t dead, thanks to e-bikes and pre-fab homes

TechCrunch

Sustainability and cost are among the chief factors behind the popularity of both e-bikes and manufactured homes. Boundless Rider is a new insurance company founded specifically to serve riders of motorcycles, e-bikes and power sport vehicles. This isn’t Baldwin’s first insurance technology startup. Growing markets.

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