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FWD appoints Swiss Re dealmaker to board
NewsAugust 19, 20261 min read

FWD appoints Swiss Re dealmaker to board

Martin Zingg joins after the annual general meeting and takes a non-executive seat. Hong Kong-listed insurer FWD Group has appointed Martin Zingg as a non-executive director, effective immediately following its…

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Lao PDR launches drought cover to pre-empt farm losses
NewsAugust 19, 20262 min read

Lao PDR launches drought cover to pre-empt farm losses

SEADRIF and FAO designed the pilot to release funding before damage intensifies. Lao PDR has launched Southeast Asia’s first sovereign anticipatory drought insurance pilot, giving the government access to financing…

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Mahindra Manulife launches India insurance push
NewsAugust 18, 20261 min read

Mahindra Manulife launches India insurance push

MMIL was incorporated after approval from India’s Ministry of Corporate Affairs. Mahindra Group and Manulife have incorporated their life insurance joint venture, Mahindra Manulife Insurance Limited (MMIL). The two companies…

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Cursor capitalizes on GitHub frustration, launches rival hosting platform
NewsAugust 18, 20263 min read

Cursor capitalizes on GitHub frustration, launches rival hosting platform

For as long as anyone can remember, GitHub has been the de facto code host preferred by a majority of developers. However, in recent times, the platform has struggled with…

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TikTok explores peer-to-peer payments via DMs, report says
NewsAugust 18, 20262 min read

TikTok explores peer-to-peer payments via DMs, report says

TikTok is developing a feature that would allow users to send each other money via direct messages, according to a new report from Bloomberg. If rolled out, the feature would…

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DOJ’s probe into Andreessen Horowitz over board seats baffles VCs
NewsAugust 18, 20262 min read

DOJ’s probe into Andreessen Horowitz over board seats baffles VCs

The Justice Department has launched a probe into Andreessen Horowitz regarding the firm’s partners serving on the boards of competing companies, Bloomberg reported. The nearly year-long investigation focuses specifically on…

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OpenAI institutes new safeguards after Hugging Face breach
NewsAugust 18, 20263 min read

OpenAI institutes new safeguards after Hugging Face breach

On Tuesday, OpenAI announced a new batch of new security policies focused on containing security incidents while models are being tested. The new safeguards include more detailed monitoring of models…

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Apple overhauls its EU App Store fees, loosens rules for alternative app stores
NewsAugust 18, 20263 min read

Apple overhauls its EU App Store fees, loosens rules for alternative app stores

Apple on Tuesday announced a simplified commission structure for apps in the European Union in an effort to resolve its disagreements with the European Commission over the tech giant’s business…

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Etched’s valuation doubles to $21B in a month
NewsAugust 18, 20262 min read

Etched’s valuation doubles to $21B in a month

Etched on Tuesday announced that it has raised another $700 million at a $21 billion valuation, led by Jane Street after the famed quant fund tested and bought the startup’s…

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Comcast adds motion sensing to millions of its newer routers, with a privacy catch
NewsAugust 18, 20262 min read

Comcast adds motion sensing to millions of its newer routers, with a privacy catch

Comcast has rolled out a new motion sensing technology to its latest home routers, allowing homeowners to receive notifications about activity detected inside their house while they are away. The…

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