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Root's aim is to bring digital technology to the car insurance market. As a volatile stock, Root is still up over 500% in the last 12 months after it made a miraculous growth and profit turnaround ...
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Root Insurance was founded in March 2015 by Alex Timm and Dan Manges. In 2021, Manges co-founder retired as CTO but remained a consultant to the company through December 2021. In August 2021, Root announced a partnership deal with Carvana to develop personalized auto insurance for Carvana's car-buying platform.
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It is especially resistant to cold, the tristeza virus, and the oomycete Phytophthora parasitica (root rot), and grows well in loam soil. Among its disadvantages are its slow growth—it is the slowest growing rootstock—and its poor resistance to heat and drought. It is primarily used in China, Japan, and areas of California with heavy soils. [1]
On October 1, 2022, the product business of Xperi Holding Corporation was separated from the IP licensing business and spun-off as a stand-alone public company named Xperi Inc., trading on the New York Stock Exchange under the ticker symbol XPER. [13] At the same time, Xperi Corporation, consisting of the remaining IP licensing business ...
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