Remove .Net Remove Insurance Remove Internet Remove Programming
article thumbnail

Porch makes $35M acquisition; reshuffles board; revenue up 200%; loss grows; PPP loan forgiven

GeekWire

Its quarterly net loss widened to $16.3 Other deals this year include the acquisition of Irving, Texas-based insurance company Homeowners of America for $100 million in cash and stock, expanding Porch’s footprint in the insurance tech market. million Paycheck Protection Program loan from the U.S. million a year ago.

Insurance 101
article thumbnail

Byton suspending operations for six months due to financial trouble

The Verge

Byton was founded in 2016 with backing from Chinese internet giant Tencent and Taiwanese manufacturing conglomerate Foxconn by former BMW executives Carsten Breitfeld (who led the i8 program) and Daniel Kirchert.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Porch makes stock market debut, raising $322M to fuel its ambitions in home services technology

GeekWire

It posted a net loss of $103 million last year on revenue of $77.6 It makes money from software licenses and transaction fees that it receives when connecting homebuyers to movers, insurance agents, home automation and security firms, TV/internet companies and other service providers. Overcoming a cash crunch.

article thumbnail

Crypto doesn’t have an insurance policy

Vox

As crypto crashes, the state of cryptocurrency and insurance is nebulous. Although the companies that people use to buy and store crypto are in some ways similar to banks, these platforms don’t have the deposit insurance that bank or investment accounts have. Banks fund the FDIC, which, in turn, insures bank accounts up to $250,000.

article thumbnail

Gen Z does not dream of labor

Vox

The difference is, more young people are airing these indignations and jaded attitudes on the internet, often to viral acclaim. There is work in figuring out how to pay next month’s rent and qualify for health insurance. It’s not necessarily that different generations hold different attitudes about work,” Damaske argued.

Social 98
article thumbnail

Every Citizen needs a Data Dossier

Chief Seattle Greek Blog

From this data the brokers make inferences and classify people into affiliations such as “bible lifestyle” or “rural everlasting” (older people with low net worth). The Seattle Police Department was so roundly criticized about potential drone use that the Mayor ordered the program ended. The Internet of Things is upon us.

Data 41
article thumbnail

List of the world’s top female futurists (Update #5)

Trends in the Living Networks

With a PhD in Planning and Innovation Studies, and a Master’s degree in Architecture, Urban Design and Urban Planning, Karuri-Sebina has a sound knowledge base for her work as Executive Manager of programs at the South African Cities Network. She has a solid understanding of technology and its ability to deliver business outcomes.

Study 148