Bay Area’s DoorDash to pay $2.5 million after allegedly tip theft

Bay Area restaurant-delivery firm DoorDash has agreed to pay $2.5 million to settle a government lawsuit alleging it stole drivers’ tips and deceived customers into thinking their tip money was going to drivers.

Washington, D.C. attorney general Karl Racine filed the civil suit last year, and in a news release accused the San Francisco company of “lowering labor costs by swiping tips left for workers.”

Racine claimed “DoorDash led consumers to believe that any tips would go directly to food delivery workers, while instead effectively treating this money as extra profit for the company.”

The suit in District of Columbia Superior Court alleged DoorDash would reduce drivers’ pay for each job by the amount of any tip. For example, if a customer left no tip on a job that was to pay $10 to the driver — called a “Dasher” by the company — DoorDash would pay the driver $10,

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Wohl Alliance launches $1 million fund for clean food, water and energy

The Wohl Clean Growth alliance, a initiative funded by the Wohl family legacy and managed by the British Council, along with the UK Science and Innovation Network at the British Embassy in Israel, and Israeli Science and Technology Ministry, has launched a new initiative for clear growth in food, water and energy, according to a press release from the initiative Monday. 

The goal of the initiative is to build further UK-Israel ties via clean growth linked to food, water and energy, and enhance relations between academic researchers and experts on policy, industry, education and third sector organizations. 

The Wohl Alliance has also called for the submission of proposals on clear growth in order to receive a grant of up to £20,000, to help support the development of new technology in the field.  

Likewise, the program is also launching with a $1 million donation from the Wohl Legacy, to be used
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General Dynamics Information Technology Awarded $241 Million Multi-Cloud Contract by Centers for Medicare and Medicaid Services

General Dynamics Information Technology Awarded $241 Million Multi-Cloud Contract by Centers for Medicare and Medicaid Services

General Dynamics Information Technology Awarded $241 Million Multi-Cloud Contract by Centers for Medicare and Medicaid Services

GDIT selected to evolve one of the largest public clouds in the federal government

PR Newswire

FALLS CHURCH, Va., Nov. 25, 2020

FALLS CHURCH, Va., Nov. 25, 2020 /PRNewswire/ — General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), announced today it has been awarded a new contract by the Department of Health and Human Services Centers for Medicare and Medicaid Services (CMS) to provide cloud services and software tools. The Cloud Products and Tool (CPT) task order holds a total estimated value of $241 million, on a one-year base period with three one-year options.

GDIT will procure cloud services and implement a mature multi-cloud environment designed to deliver critical healthcare services to tens of

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Japan’s Mitsui Sumitomo to invest $350 million in insurance startup Hippo

NEW YORK (Reuters) – Mitsui Sumitomo Insurance Company, a subsidiary of Japan’s MS&AD Insurance Group, will invest $350 million in U.S. home insurance technology company Hippo Enterprises to fund its next stage of growth, the companies said in a joint statement on Tuesday.

Mitsui bought a convertible note in Hippo that will turn into an equity stake the next time it raises new funds, Hippo Chief Executive Officer Assaf Wand told Reuters in an interview.

MS&AD’s venture arm was part of Hippo’s Series E funding round that was announced in July, and the new investment – which is accompanied by a plan to sign a reinsurance agreement with Mitsui Sumitomo – builds on that partnership.

Hippo was valued at $1.5 billion in July, although Wand noted this figure was now outdated because of market developments and the growth of the business. He declined to disclose an updated valuation.

“We have

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At 25.9% CAGR, K12 Education Technology Market Size Poised to Touch USD 22830 million by 2025

The MarketWatch News Department was not involved in the creation of this content.

Nov 24, 2020 (Market Insight Reports) —
Selbyville, Delaware. The demand for Global K12 Education Technology market is anticipated to be high for the next five years. By considering this demand we provide latest Global K12 Education Technology Market Report which gives complete industry analysis, market outlook, size, growth and forecast till 2025. This report will assist in analyzing the current and future business trends, sales and revenue forecasts

K12 Education Technology market will register a 25.9% CAGR in terms of revenue, the global market size will reach $ 22830 million by 2025, from $ 9076.2 million in 2019.

Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/2854920/?utm_source=Marketwatchtm.com/&utm_medium=AK

K12 Education Technology Market Breakdown Data by Companies

  • VIP Kid
  • D2L
  • Yuanfudao
  • PowerSchool
  • Sanoma
  • Byjua??s
  • BlackBoard
  • Pearson
  • ITutorGroup

K12 Education Technology Market outlook: Apart from exploring into the various segments,

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A record 19.4 million homeowners can now save on a mortgage refinance

Jb Reed | Bloomberg | Getty Images

The average interest rate on the popular 30-year fixed mortgage has set a record low 13 times so far this year. It did it again last week. That has given current homeowners unprecedented potential to save on their monthly payments through a refinance.

With the latest record low of 2.72% on Freddie Mac’s weekly 30-year fixed average, the number of ‘high-quality’ mortgage refinance candidates jumped to 19.4 million, according to Black Knight, a mortgage technology and data provider. That is the highest volume on record.

Black Knight defines refinance candidates as 30-year mortgage holders with at least 20% equity in their homes and credit scores of 720 or higher, who could shave at least 0.75% off their current first lien rate by refinancing.

These borrowers can save an average of $309 per month by refinancing, for an aggregate $5.98 billion in potential monthly

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Fintech HMBradley’s 14-page pitch deck for 18.25 million Series A

Consumers are getting used to the idea of branch-less banking, a trend that startup digital-only banks like Chime, N26, and Varo have benefited from. 

The market for these so-called ‘challenger banks’ has exploded in recent years as customers are drawn to seamless account openings and optimized user experiences on their apps and websites. 

The majority of these fintechs target those who are underbanked, and rely on usage of their debit cards to make money off interchange. But fellow startup HMBradley has a different business model. 

“Our thesis going in was that we don’t swipe our debit cards all that often, and we don’t think the customer base that we’re focusing on does either,” Zach Bruhnke, cofounder and CEO of HMBradley, told Business Insider. “A lot of our customer base uses credit cards on a daily basis.”

Instead, the startup is aiming to build clientele with stable deposits. As a result,

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Miles College Gets $2 Million In Technology Resources From IBM

FAIRFIELD, AL — Miles College has announced a multi-million dollar collaboration with IBM on a comprehensive program designed to develop diverse and high demand skill sets that align with industry needs and trends for both students and faculty.

IBM and Miles College are building on the need to advance digital skills in education and are dedicated to providing future focused curriculum and educational tools to help train the diverse workforce of tomorrow in fast-growing technologies such as AI, blockchain, data science, cybersecurity, cloud and quantum.

“Miles College celebrates IBM’s leadership in recognizing the value of investing in HBCU students as current and future leaders and innovators in the technology workforce,” said Bobbie Knight, Miles College President. “While the digital divide has historically placed many students at a technological disadvantage, this initiative will absolutely help narrow that gap.”

The collaboration extends IBM’s recent investment in technology, assets, resources and skills development

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At 18.9% CAGR, Emerging Display Technology Market Size is Expected to Exhibit US$ 36690 million by 2025

The MarketWatch News Department was not involved in the creation of this content.

Nov 23, 2020 (Market Insight Reports) —
Selbyville, Delaware, Growth forecast report ” Emerging Display Technology Market size by Product Type (OLED, Digital Holography, VRD and True 3D), By Application (Mobile Devices, TVs and PCs), By Region Outlook (North America, Europe, Asia-Pacific, South America & Middle East and Africa), Top Manufacturer, Growth Potential, Price Trends, Competitive Market Share & Forecast 2020-2025 added by Market Study Report LLC.

The global Emerging Display Technology market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 18.9% in the forecast period of 2020 to 2025 and will expected to reach USD 36690 million by 2025, from USD 18360 million in 2019.

The Emerging Display Technology market report provides a detailed analysis of global market size, regional and country-level market size, segmentation

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Global Millimeter Wave Technology Market Growing to Hit USD 1497.3 million at 21.4% CAGR by 2025

The MarketWatch News Department was not involved in the creation of this content.

Nov 23, 2020 (Market Insight Reports) —
Selbyville, Delaware, Global Millimeter Wave Technology Market report added by Market Study Report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

According to this study, over the next five years the Millimeter Wave Technology market will register a 21.4% CAGR in terms of revenue, the global market size will reach $ 1497.3 million by 2025, from $ 690.5 million in 2019.

Request a sample of this premium report at:

https://www.marketstudyreport.com/request-a-sample/2992415/?utm_source=Marketwatch.com&utm_medium=SK

Global Millimeter Wave Technology Market Overview:

The Millimeter Wave Technology market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value

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