TALLINN: Ride-hailing service Bolt said on Tuesday it has raised 100 million euros ($109 million) from London-based investment firm Naya Capital Management in a deal valuing the European rival of Uber at 1.7 billion euros. Bolt said the funding would allow it to grab market share in a sector hurt by COVID-19, as lockdowns have kept customers indoors, and rivals Uber, Lyft and Softbank-backed Ola cut thousands of jobs. "In the next 12-18 months we have an opportunity to win market share," Bolt founder and Chief Executive Markus Villig told Reuters in an interview. "Even though the crisis has temporarily changed how we move, the long-term trends that drive on-demand mobility such as declining personal car ownership or the shift towards greener transportation continue to grow," Villig said. In April, Bolt turned to Estonia's government, asking to guarantee a 50 million euros credit, but it has since ditched the plan. "We understood quickly that from the state side there was no … [Read more...] about Uber-rival Bolt raises 100 million euros
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Ygeman was quoted as saying: "You have probably already used Huawei if you are now surfing on 4G. There has been quite a lot of equipment from the company. Then the question is how the operators choose to use different components in different parts of the network, depending on the security priority level of the specific part of the network. That question should be directed to the operator, because the suppliers are not who the legislation is aimed at." … [Read more...] about Swedish digital minister sees no problem in Huawei used in 5G: report
The debate over whether Americans should wear face masks to control coronavirus transmission has been settled. Governments and businesses now require or at least recommend them in many public settings. But as parts of the country reopen, some doctors want you to consider another layer of personal protective equipment in your daily life: clear plastic face shields. “I wear a face shield every time I enter a store or other building,” Dr. Eli Perencevich said. “Sometimes I also wear a cloth mask if required by the store’s policy.” Perencevich is an infectious disease physician at the University of Iowa and the Iowa City Veterans Affairs Health Care System. In an opinion article published last month in JAMA, he and two colleagues argued that simple, clear plastic face shields could help reduce the transmission of infections when added to public health measures like increased testing, contact tracing, social distancing and hand hygiene. The idea is not just a … [Read more...] about You’re getting used to masks. Will you wear a face shield?
Another investigation from three central government hospitals here indicates that amongst healthcare workers involved in Covid-19 care, those on HCQ prophylaxis were less likely to develop SARS-CoV-2 infection, compared to those who were not on it. The benefit was less pronounced in healthcare workers caring for a general patient. Besides, an observational prospective study of 334 healthcare workers at AIIMS, out of which 248 took HCQ prophylaxis (median 6 weeks of follow-up) here also showed that those taking it had lower incidence of SARS-CoV-2 than those not taking it. … [Read more...] about No major side-effects of HCQ in studies in India, can be used as preventive Covid treatment: ICMR
The proposed national security law targets acts of secession, subversion, terrorism and foreign intervention. The spokesman reassured Hong Kong residents that the overwhelming majority of them, including overseas investors, have nothing to fear, and that all the rights and freedoms they enjoy now will remain intact. … [Read more...] about Foreign politicians blasted for double standards