Lifestyle 

U.S. Powerball jackpot soars to $625 million ahead of Saturday’s drawing

(Reuters) – The U.S. Powerball jackpot leaped to at least $645 million on Thursday ahead of its second drawing after no one claimed the winning numbers announced on Wednesday, when the cash prize was at $550 million, according to lottery officials. The jackpot, which surpassed the $600 million mark for the fourth time in history, has an estimated cash value of $380.6 million, officials said. The next drawing was scheduled for Saturday, March 23. “A lot like the flowers in the southwest, this $625 million Powerball jackpot is a spectacular…

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Science 

Brazilian physicist wins $1.4 million Templeton Prize

Brazilian physicist and astronomer Marcelo Gleiser, the winner of the $1.4 million 2019 Templeton Prize for his work blending science and spirituality, is shown in Hanover, New Hampshire, U.S., February 27, 2019. Eli Burakian/Dartmouth College/Handout via REUTERS (Reuters) – Brazilian physicist and astronomer Marcelo Gleiser has been awarded the 2019 Templeton Prize, worth $1.4 million, for his work blending science and spirituality. Gleiser, 60, is the first Latin American to win the award which honors “a living person who has made an exceptional contribution to affirming life’s spiritual dimension,” the…

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Technology 

Facebook says it removed 1.5 million videos of the New Zealand mosque attack

People take pictures on a pedestrian bridge, illuminated with colors of New Zealand’s national flag as a tribute to victims of the mosque shootings in Christchurch, in Jakarta, Indonesia, March 17, 2019. REUTERS/Willy Kurniawan (Reuters) – Facebook Inc said it removed 1.5 million videos globally of the New Zealand mosque attack in the first 24 hours after the attack. “In the first 24 hours we removed 1.5 million videos of the attack globally, of which over 1.2 million were blocked at upload…,” Facebook said in a tweet bit.ly/2HDJtPM late Saturday.…

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Technology 

Uber to pay $20 million to settle long-running legal battle with drivers

FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] has agreed to pay $20 million to settle a lawsuit brought by drivers nearly six years ago, according to court filings, resolving one of its many legal battles with drivers ahead of a hotly anticipated initial public offering this year. Drivers for the ride-hailing company argued in the lawsuit they are employees, not independent contractors, as Uber has classified them, and therefore entitled…

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Technology 

Software firm Cloudflare raises $150 million

(Reuters) – Cloudflare Inc, a U.S. startup whose software makes websites more secure and load faster, said on Tuesday it had raised $150 million in the latest funding round, led by global investment firm Franklin Templeton. The company’s last $110 million funding round in 2014 included investors such as CapitalG (formerly Google Capital), Microsoft Corp, Baidu and Qualcomm. Cloudflare did not disclose the valuation at which it received the latest funding. The San Francisco, California-based company had been looking to go public in the first half of this year that…

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Technology 

Uber pays $2.6 million to settle Dutch case: prosecutors

FILE PHOTO: The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo AMSTERDAM (Reuters) – Uber has paid around 2.3 million euros ($2.6 million) in a settlement after it was found to have offered an unlicensed taxi service in the Netherlands in 2014-2015, Dutch prosecutors said on Friday. The settlement over Uber’s “UberPop” service – in which people with no taxi license transport passengers in their own cars and use Uber software to find customers and handle payments – included both a fine…

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Technology 

Insurance technology firm Wefox secures $125 million in financing

FRANKFURT (Reuters) – Wefox, one of Europe’s fastest-growing insurance technology firms, has secured $125 million in financing to expand across the region and help its customers harness “big data”. The money came from Abu Dhabi’s state investor Mubadala Investment Company, Goldman Sachs and China’s Creditease as well as existing investors AngelList, Horizons Ventures, Idinvest Partners, Seedcamp, Speedinvest and Target Global, according to a statement from Idinvest. The financing round pushes Wefox’ valuation close to the $1 billion mark, a person familiar with the matter said. The company was founded in…

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Technology 

Spotify adds 1 million unique listeners in India in less than a week

FILE PHOTO: A trader is reflected in a computer screen displaying the Spotify brand before the company begins selling as a direct listing on the floor of the New York Stock Exchange in New York, U.S., April 3, 2018. REUTERS/Lucas Jackson (Reuters) – Spotify Technology SA, the world’s most popular paid music streaming service, said it racked up more than 1 million unique users in India across its free and premium tiers since launching less than a week ago. Spotify launched in India on Tuesday, stepping into a price-sensitive market…

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Technology 

Electric scooter sharing firm VOI raises $30 million for European expansion

STOCKHOLM (Reuters) – Electric scooter sharing firm VOI Technology has raised $30 million in another fundraising round since being set up seven months ago for its European expansion and investment in research to fend off growing competition, it said on Monday. Uber Technologies Inc, Alphabet and several other high-profile investors are betting scooter-sharing will rise rapidly in Europe thanks to large commuter populations and lower levels of car ownership than in the United States. Having already put many scooters on European roads, domestic startups such as Tier and Dott and…

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Sports 

MLB notebook: Angels reportedly mulled ten-year, $350 million extension for Trout

With Bryce Harper and Manny Machado recently signing deals worth $300 million and $330 million respectively, the price tag for Los Angeles Angels outfielder Mike Trout figures to have gone up. Mar 3, 2019; Clearwater, FL, USA; Philadelphia Phillies right fielder Bryce Harper (3) signs autographs for fans after he works out at Spectrum Field. Mandatory Credit: Kim Klement-USA TODAY Sports The two-time American League MVP has two seasons remaining on a six-year, $144.5 million deal but has not indicated whether he intends to remain with the team after 2020.…

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