Monthly Archives: October 2020

Join Greylock’s Asheem Chandna on November 5 at noon PST/3 pm EST/8 pm GMT to discuss the future of enterprise and cybersecurity investing

The world of enterprise software and cybersecurity has taken multiple body blows since COVID-19 demolished the in-person office, flinging employees across the world and forcing companies to adapt to an all-remote productivity model. The shift has required companies to rethink not only collaboration software, but also the infrastructure that powers it and the best way …

Logistics and truck rental giant Ryder joins the businesses making the jump into venture capital in 2020

While the launch of a $50 million venture capital fund by the shipping, logistics, and truck rental company Ryder System may have seemed like an odd strategic move, it’s actually the culmination of roughly three years of investment activity from the Florida-based company. Ryder’s push to create its own venture fund is actually part of …

Big tech’s ‘blackbox’ algorithms face regulatory oversight under EU plan

Major Internet platforms will be required to open up their algorithms to regulatory oversight under proposals European lawmakers are set to introduce next month. In a speech today Commission EVP Margrethe Vestager suggested algorithmic accountability will be a key plank of the forthcoming legislative digital package — with draft rules incoming that will require platforms …

Daimler invests in lidar company Luminar in push to bring autonomous trucks to highways

Daimler’s trucks division has invested in lidar developer Luminar as part of a broader partnership to produce autonomous trucks capable of navigating highways without a human driver behind the wheel. The deal, which comes just days after Daimler and Waymo announced plans to work together to build an autonomous version of the Freightliner Cascadia truck, …