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Netradyne, which provides fleet owners with AI-enabled dash cams that collect vehicle data and video to improve driver safety, raised $90 million in a Series D round at a pre-money valuation of $1.35 billion. The Federal Trade Commission issued a proposed order to ban GM — and its subscription-based in-vehicle safety and security system known as OnStar — from selling such data to consumer reporting agencies for five years. The proposed order stems from allegations that GM collected, used, and sold drivers’ precise geolocation data and driving behavior information from millions of vehicles without adequately notifying consumers and obtaining their consent.
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