Autonomous truck startup TuSimple raises $95 million for $1 billion valuation

TuSimple, a Tucson, Ariz.-based self-driving truck startup, raised $95 million in Series D funding at a pre-money valuation of $1 billion led by China’s Sina Corp. Why it matters: Because the widespread adoption of autonomous trucks could move significantly faster than that of autonomous cars (even ride-hail), due to the high costs and human safety…

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Leslie Moonves to Fight CBS Decision to Withhold $120 Million Severance

Leslie Moonves, the former chairman and chief executive of CBS Corp. who resigned amid accusations of sexual harassment last September, is challenging the company’s decision last month to deny him his severance package of $120 million, CBS said in a filing with the Securities and Exchange Commission. CBS’s board said there were grounds to terminate…

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Facebook Bug Potentially Exposed Unshared Photos of Up 6.8 Million Users

Facebook Inc. FB -0.66% said pictures belonging to up to 6.8 million users may have been exposed by a software glitch that granted app developers access to the photos, the latest in a series of privacy lapses at the social-media giant. Up to 1,500 apps may have had improper access to photos that weren’t yet…

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Microsoft expands rural internet quest to reach 3 million Americans

Microsoft last summer promised to partner with small, rural ISPs to make broadband available to 2 million people who don’t have access. Background: The program, known as Airband, would use a mix of technologies, including vacant broadcast airwaves called TV White Spaces, to cobble together connectivity.  Today, Microsoft’s Brad Smith is in D.C. to announce…

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Marriott Says Starwood Data Breach Affects Up to 500 Million People

Marriott International Inc. on Friday disclosed one of the biggest data breaches in history, a hack in the reservation database for its Starwood properties that may have exposed the personal information of up to 500 million guests. News of the attack—rivaled only by the theft of information in 2013 and 2014 from internet company Yahoo—roiled…

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Marriott says its database hacked affecting up to 500 million

The world’s largest hotel company, Marriott International, said on Friday that up to 500 million hotel guests may have had their personal details hacked in a massive four-year-long breach of a reservation database. Marriott said its Starwood Hotels & Resorts reservation database in the United States had suffered a “data security incident” involving unlawful access…

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Bright Health raises another $200 million

Bright Health, an insurance startup that sells Medicare Advantage and Affordable Care Act plans, has raised $200 million in a new funding round from 10 investment firms — bringing its total venture capital fundraising to about $440 million. The bottom line: The company had 23,000 ACA members and 2,100 MA enrollees through the first 9…

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