Getty Images Cancer patients and their doctors have more information about the disease and its treatment than ever before, and the information available continues to grow at a dizzying rate. All that information, however, isn’t useful if people can’t make sense of it all. Think about a lung cancer patient, for instance, who might receive… Continue reading Cancer therapies depend on dizzying amounts of data: Here’s how it’s getting sorted in the cloud
Category: Tech News
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How decentralization and Web3 will impact the enterprise
With all the innovations in the world, it can be difficult to separate the signal from the noise when it comes to often controversial subjects like cryptocurrency, blockchain, or NFTs. While not getting much respect in certain quarters, there is also little doubt that the technology innovations underpinning these trends have formed a major bow… Continue reading How decentralization and Web3 will impact the enterprise
Tesla launches its own insurance based on real-time driver data in Nevada with more states to come
Tesla Insurance, the automaker’s growing insurance division, has launched its real-time driver data insurance product in Nevada. It is now available in eight states, plus California but without real-time driver data, and there’s evidence that several more states are coming. Tesla Insurance expansion Tesla updated its website to note that its real-time data insurance product… Continue reading Tesla launches its own insurance based on real-time driver data in Nevada with more states to come
Morgan Stanley proposes new China board for multinational listings …
The head of Morgan Stanley’s China securities business proposed the setting up of an international board in China to allow offshore-listed Chinese companies and foreign firms to list in the domestic market. Jing Qian, CEO of Morgan Stanley Securities (China), also told the official Shanghai Securities News in an interview that China should consider lowering the profitability threshold for… Continue reading Morgan Stanley proposes new China board for multinational listings …
Silicon Valley-based Scale Asia Ventures sets up $30m maiden fund …
Scale Asia Ventures (SAV) has launched its $30-million inaugural early-stage fund, as the Silicon Valley-based venture capital (VC) firm seeks to bring its Asian-American network and resources to portfolio companies. Beyond early-stage funding, the fund plans to fuel its portfolios with an additional $100 million in later-stage funding directly from its limited partner (LP) base… Continue reading Silicon Valley-based Scale Asia Ventures sets up $30m maiden fund …
China’s central bank accepts Ant’s application for financial holding company
China’s central bank has accepted Ant Group’s application to set up a financial holding company, three people with knowledge of the matter said, a key step in finishing a year-long revamp of Jack Ma’s fintech business and reviving its stock market debut. The People’s Bank of China’s (PBOC) expected approval of the plan is the… Continue reading China’s central bank accepts Ant’s application for financial holding company
People Digest: Credit Suisse loses HK investment bankers; Clifford Chance names new partner
Credit Suisse has lost at least four investment bankers in Hong Kong, while international law firm Clifford Chance has appointed Liyong Xing as a partner. Credit Suisse loses Hong Kong investment bankers Credit Suisse has lost at least four investment bankers in Hong Kong, per a report by finews.asia on Friday. The departures were from… Continue reading People Digest: Credit Suisse loses HK investment bankers; Clifford Chance names new partner
Indian social media app ShareChat closes $520m round at $5b valuation
Bengaluru-based social media platform ShareChat, operated by Mohalla Tech Pvt Ltd, has closed a $520-million multi-tranche funding round at a valuation of $5 billion, per its announcement on Thursday. While the first tranche worth $266 million was raised in December last year from Alkeon Capital, Temasek Holdings, HarbourVest, Moore Strategic Ventures, and India Quotient, the… Continue reading Indian social media app ShareChat closes $520m round at $5b valuation
Australia’s Latitude Group terminates buyout offer for Humm’s BNPL business
Australian digital payment and lending firm Latitude Group Holdings on Friday terminated its A$335 million ($235.97 million) offer to buy Humm Group Ltd’s consumer unit that includes its buy now, pay later (BNPL) business. Shares of Humm Group fell as much as 11.3% to A$0.510, hitting their lowest since March 2020 and extending losses to… Continue reading Australia’s Latitude Group terminates buyout offer for Humm’s BNPL business
SpaceX reportedly fired employees behind letter criticizing Elon Musk
SpaceX has fired employees who participated in writing and distributing an open letter criticizing Elon Musk, The New York Times has reported. First revealed yesterday, the letter called Musk’s behavior on social media “a frequent source of distraction and embarrassment” and asked SpaceX to condemn his actions. According to three unnamed employees and an email… Continue reading SpaceX reportedly fired employees behind letter criticizing Elon Musk