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Lydia launches mobile phone insurance

French startup Lydia is launching an insurance product for your mobile phone. For €4.29 per month ($4.89), you can insure your phone from the Lydia app. Lydia is one of the most popular peer-to-peer payment apps in Europe, with 1.5 million users. Think about it as a sort of Venmo ...

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Instagram prototypes bully-proof moderated School Stories

Instagram is considering offering collaborative School Stories that only a certain school’s students can see or contribute to. And to make sure these Stories wouldn’t become bullying cesspools, Instagram’s code shows a warning that “School stories are manually reviewed to make sure the community is safe.” School Stories could create ...

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Verizon reorganizes into 3 groups to leverage 5G

(Image: Corinne Reichert/ZDNet) Verizon said it will reorganize into three business units that are focused on 5G customer experiences. The telecom giant’s three operating units will revolve around consumer, business and Verizon Media Group/Oath. Also: Verizon sees 5G as game changer for public safety TechRepublic | Why you can’t buy ...

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TPG takes out third NBN speed-monitoring report

TPG has taken out the third National Broadband Network (NBN) speed-monitoring report, with MyRepublic again coming last across most categories. According to the Australian Competition and Consumer Commission (ACCC) report [PDF], TPG delivered 88.7 percent of its maximum plan speeds overall and 88.4 percent during busy hours for downloads. It ...

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Facebook reorganizes Oculus for AR/VR’s long-haul

Facebook is again looking to whip Oculus into shape for its 10-year journey towards making virtual reality mainstream. According to two sources, Facebook reorganized its AR and VR team this week from a divisional structure focused around products to a functional structure focused around technology areas of expertise. While no ...

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Sequoia leads $10M round for home improvement negotiator Setter

You probably don’t know how much it should cost to get your home’s windows washed, yard landscaped or countertops replaced. But Setter does. The startup pairs you with a home improvement concierge familiar with all the vendors, prices and common screwups that plague these jobs. Setter finds the best contractors ...

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