Cyber Monday scams? Fakespot says its tech can spot fraudulent reviews and sellers online
- Like many other companies, Fakespot was originally focused on helping enterprise customers identify counterfeit outfits and fake reviews.
- Khalifah says that a Chrome browser extension introduced earlier this year has now been downloaded 300,000 times — and this on the heels of “millions of users” who have separately visited Fakespot’s site, typed in a URL of a product review, and through its “Fakespot analyzer,” been provided with free data to help inform their buying decisions.
- Though Fakespot has been focused predominately on the desktop experience, Khalifah notes that more than half of online shopping is expected to be conducted over mobile phones by some time next year, a shift that isn’t lost on him, even while it hinges a bit on the pandemic being brought effectively to an end (and consumers finding themselves on the run again).
EV bus and truck maker The Lion Electric to take SPAC route to public markets
- Canadian electric truck and bus manufacturer The Lion Electric Company said Monday it plans to become a publicly traded company via a merger with special-purpose acquisition company Northern Genesis Acquisition Corp.
- The deal is the latest example of an electric automaker opting to go public via a SPAc merger in an aim to access the level of capital needed to become a high-volume vehicle manufacturer.
- Lion is already producing all-electric medium and heavy-duty urban trucks and buses at a 2,500-vehicle-per-year manufacturing facility.
- Lion is expected to be listed on the NYSE under the new ticker symbol “LEV.” Lion’s CEO and founder Marc Bedard will continue in his role.
- The combined company will have a board of directors consisting of nine directors, including Bedard, Pierre Larochelle from Power Sustainable as Chairman, and five other existing Lion board members, as well as Ian Robertson and Chris Jarratt, who are co-founders of Algonquin Power & Utilities Corp.
Biden's OMB pick condemned by Bernie Sanders-aligned progressives - Business Insider
- Sanders-aligned progressives have for years been critical of Tanden's centrist politics, including her opposition to single-payer healthcare, support for cuts to Social Security, and friendliness with Israel's conservative leadership.
- Some Sanders-aligned progressives see Biden's decision to tap Tanden for such an influential White House job a slap in the face.
- Notably, Sen. Elizabeth Warren, a longtime progressive critic of Biden's, endorsed Tanden's selection in a Monday tweet.
- Notably, Tanden rejected the Obama White House's attempts to reach a deficit-reduction deal with Republicans in 2013, arguing that the government should be focused on growing the economy.
- The former senior CAP employee said that progressive activists likely also believe there's a chance Tanden won't be confirmed and don't want to spent their political capital opposing a doomed nomination.
Canada to Trump: You can't take our prescription drugs
- Canadian health minister Patty Hajdu on Friday announced new measures to protect the country's drug supply from bulk importations that could worsen drug shortages.
- After the President issued an executive order in July that pushed to allow such importations, the Department of Health and Human Services issued in a final rule in late September establishing a path for states and certain other entities to set up drug importation programs.
- In announcing the measures last week, Canada's Health Ministry said it has repeatedly stated that the US rule would not do much to reduce prices in America since Canada represents only 2% of global pharmaceutical sales, while the US accounts for 44% of sales.
- Last year, days before then-Democratic presidential primary contender Bernie Sanders went north with diabetes patients seeking cheaper insulin, a coalition of 15 Canadian medical professional and patient groups pressed the government to protect the country's pharmaceutical supply.
2-year-old CRED valued at $800 million after $80 million funding round
- CRED, a two-year-old startup that is helping credit card users in India improve their financial behaviour, has raised $80 million in a new financing round, a source familiar with the matter told TechCrunch.
- On CRED, customers are offered a range of features, including the ability to better track their spendings across various credit cards, and get reminders.
- In recent quarters, CRED has introduced a number of additional services including allowing customers to pay their rent using their credit card, and bulked up its e-commerce store.
- What other ways Shah, who previously ran mobile wallet service Freecharge and is celebrated for delivering one of the few successful exits in the nation’s 15-year-old startup ecosystem, wants to serve these customers remains a big question.
Spotify tests Snapchat-like stories for playlists
- Spotify is testing a new Snapchat-style Stories feature alongside some of its playlists.
- On its Christmas Hits playlist, for example, a series of artists including Jennifer Lopez, Kelly Clarkson, and Pentatonix use a series of short video clips to share personal anecdotes about the festive period and their songwriting processes.
- Engadget notes that similar stories have been spotted on the Tear Drop emo rap playlist, and a version of Megan Thee Stallion’s album Good News.
- Tapping it reveals an interface that’ll be familiar to anyone who’s ever watched an Instagram or Snapchat story, allowing you to tap on the left or right of the screen to skip through a collection of short video clips.
- Instagram’s implementation of the format is one of the best known, but other services including YouTube, Twitter, and even LinkedIn have implemented versions of the feature.
HungryPanda raises $70M for a food delivery app aimed at overseas Chinese consumers
- Food delivery apps have been a big deal this year for consumers stuck at home and unable (or unwilling) to go to restaurants or grocery stores; and for investors who are eyeing the opportunity to back rising stars to help them grow.
- Today came the latest development in that story: HungryPanda, which makes a Mandarin-language app specifically targeting Chinese consumers outside of China, has raised $70 million to continue its global expansion in delivering food from Chinese restaurants and Asian grocery stores targeting the Chinese diaspora.
- His solution was to build an app that provided all the information to students like him in a format that they could actually use, including items that typically might only be offered on side menus to Chinese customers in Mandarin, if at all.
New Zealand officials file charges over deadly White Island volcano eruption
- The country's workplace health and safety regulator, WorkSafe New Zealand, announced Monday that it had filed charges against 10 organizations and three individuals, alleging they did not do what was reasonably practicable to ensure the health and safety of workers and visitors to White Island.
- Forty-seven people were on the island at the time of the blast, including honeymooners and families, and Parkes said they had gone there with the expectation that systems were in place to make sure they made it home safely.
- WorkSafe said it did not investigate the rescue and recovery of victims, meaning that none of the charges relate to any efforts after the eruption.
- GNS Science -- a Crown research organization which monitors volcanic activity -- said in a statement that it was facing charges.
- Prime Minister Jacinda Ardern said New Zealanders' thoughts were with the families of those who experienced loss or injuries.
A man fatally shot a teenager in Oregon for playing loud music Thanksgiving week
- Robert Paul Keegan, 47, shot Aidan Ellison on Monday at the Stratford Inn in Ashland after the pair got into an argument over Ellison playing loud music, Ashland Police Chief Tighe O'Meara told CNN.
- Around 4:20 a.m. during their argument, Keegan pulled a gun from his coat and fired a single shot, striking Ellison in the chest, police said.
- Keegan was arraigned on November 24 and indicted for charges including second degree murder, first degree manslaughter, unlawful possession of a firearm, and recklessly endangering another person.
- Keegan's lawyer did not respond to CNN's request for comment.
- Keegan was staying at the inn because he was among those displaced by the Almeda Drive wildfire, which killed two people and tore through hundreds of homes, according to O'Meara.
- His 3-year-old son was in their hotel room at the time of the shooting and was handed over to his grandparents when his father was arrested, O'Meara said.
Eating dried fruit linked to better overall diet and health
- The new study by researchers at Pennsylvania (Penn) State University in University Park aimed to get around this difficulty by comparing days when particular participants reported eating dried fruit with days when they ate none.
- They found that people tended to consume more key nutrients on the days they ate dried fruit, including dietary fiber and potassium.
- Even after adjusting for demographic and lifestyle factors, the participants who ate significant amounts of dried fruit tended to have better diets, a lower BMI, a smaller waist circumference, and lower systolic blood pressure compared with those who did not.
- When the researchers compared the days when a participant ate dried fruit with those when they did not, they found that the average intake of total carbohydrate, dietary fiber, potassium, and polyunsaturated fat was greater on the days they ate dried fruit.