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Tuesday Ticker: Magna enters micro-mobility; PPG secures a secret

Toronto, Ontario ⁠⁠— In this weekly economy report, Magna invests US$77 million into a new market and PPG meets the verdict in a trade secrets lawsuit.  Magna and micomobility Aurora, Ont.-based Magna International has announced a US$77 million investment in Indian electric vehicle start-up Yulu, marking Magna’s first move into the micro-mobility market.  Magna will […]

Private Eye: IGEN patents algorithm to monitor driver behaviour, privacy concerns raised

California, United States – IGEN Networks Corporation has patented a “Real-Time Driver Telematic Signatures,” a system to gather data and rate the driving patterns of piloted and autonomous vehicles. Registered with the United States Patent Office as patent number 17/850,258, IGEN promises to “expand the dataset of ‘Big Data’ to include…weather conditions, population density and […]

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