Apr
20

Unlearn.AI nabs $12M to build “digital twins” to speed up and improve clinical trials

Twins have long played a role in the world of medical research, specifically in the area of clinical trials, where they can help measure the effectiveness of a therapy by applying a control to one of a genetically-similar pair. Today, a startup founded by a former principal scientist at Pfizer, which has developed a way of digitising this concept through the use of AI, is announcing some funding to further its efforts. Unlearn.AI, which has built a machine learning platform that builds “digital twin” profiles of patients that become the controls in clinical trials — is announcing that it has raised $12 million in a Series A round.

The round is being led by 8VC with previous investors DCVC, DCVC Bio and Mubadala Capital Ventures also participating.

The startup’s DiGenesis platform is first being applied to neurological diseases, specifically Alzheimer’s Disease and Multiple Sclerosis, where effective treatment options remain an elusive goal and it has been hard to build clinical trials around patients with already-impacted health.

Although Unlearn.AI is not working on anything close to medicines related to the COVID-19 pandemic, it’s a timely reminder of why improving clinical trials is important. We’re now in an urgent race to find vaccines and treatments for this new virus, and that highlights the need for more efficient approaches to trials, and that is an area where AI could prove to be a boost.

Unlearn does not disclose who its commercial partners are today, nor how far they’ve come with active, live trials. It was in discussions with regulators before the coronavirus outbreak halted everything. The funding will be used to inch closer to commercial rollouts, it seems.

“This new financing marks an important milestone in our growth and will contribute to the significant progress we are making with regulators and with our commercial partners, who are already running studies with Digital Twins and demonstrating their value in generating robust evidence and increasing the potential for trial success,” said Charles K. Fisher, Ph.D., founder and CEO of Unlearn.AI, in a statement.

“Clinical trials are facing a number of persistent challenges that have only been exacerbated in recent weeks. With support from our forward-thinking investors and industry partners, we are excited to continue growing our exceptional team and advancing the science behind our first-of-its-kind Digital Twin approach.”

Fisher’s background is one that falls squarely at the nexus of technology and medical research. In addition to time spent as a principal scientist at pharma giant Pfizer, he has also worked at Leap Motion, and those roles followed years of studying and researching biophysics in academia.

Unlearn approaches the idea of building these so-called digital twins as a classic machine learning problem, using “clinical trial datasets from thousands of patients to build the disease-specific machine learning models used to create Digital Twins and their corresponding virtual medical records.”

These are more than simple medical profiles: they match people according to demographics, lab tests and biomarkers. The idea is that by building AI-based twins, there is less of a need to find similar actual pairs of people — actual twins, even — to run tests and controls.

Unlearn has been working on its platform since 2017, but the use of twins (and the pair’s very close genetic makeups in medical research) to track pathology and treatments goes back decades, and interestingly one of the novel coronavirus tracking apps that has seen some strong traction was borne out of a long-term twins study run out of Kings College Hospital in London working with Stanford and Massachusetts General Hospital in the US.

The growth of using AI to build “people” to run the effects of drugs also follows a much bigger theme of using computers and algorithms to test and create chemical combinations and therapies that would have in the past taken much longer, and cost much more, to run out manually. (Another example of where this is being applied is in the world of product development, where consumer goods companies are using AI platforms to formulate new soaps and other goods.)

“Unlearn’s pioneering use of Digital Twins will limit the number of patients that need to go on placebo while also reducing overall trial enrollment time,” said 8VC Principal, Dr Francisco Gimenez, in a statement. “As investors at the intersection of healthcare and technology, we’re passionate about companies that pair cutting-edge computational techniques and innovative business models to meaningfully improve patient care. 8VC is excited to partner with Unlearn to bring about the biggest change in the drug approval process since the RCT.” Gimenez is joining the board of the startup with this round.

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Apr
20

481st Roundtable Recording on April 16, 2020: With Joshua Posamentier, Congruent Ventures - Sramana Mitra

In case you missed it, you can listen to the recording here: 481st 1Mby1M Roundtable April 16, 2020: Joshua Posamentier, Congruent Ventures

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Original author: Maureen Kelly

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Apr
20

Equity Monday: What’s Clubhouse and why Marc wants us to build

Good morning and welcome back to TechCrunch’s Equity Monday, a brief jumpstart for your week. Regular Equity episodes still drop each and every Friday morning, so if you’ve listened to the show over the years, don’t worry — we’re only adding. In fact, last week’s show (with Danny Crichton and Natasha Mascarenhas) was a blast, and you should check it out.

This morning, however, we had a lot to get through, so let’s go over the show’s rundown:

Changes are afoot in Israel regarding employee comp and startup valuations.The UK is coming to the aid of its startups at a notable cost.Alibaba is dropping serious coin on new cloud infra, reminding us that there’s more to the world than Washington state.Alan, a French insurtech startup, has raised $54.4 million.It’s earnings week, with a number of major tech companies joining other large American companies in reporting results. Q1 2020 is whatever. What everyone wants to know is how bad the rest of the year is going to be.

And, finally, Marc’s latest essay. I should probably write about it more broadly, but as we said this morning: “Aspirational construction of the future is a concept that many people associate with America,” and demanding that we harken back to our halcyon days is no sin. That said, we’ll need to do work as a country to set the groundwork needed to make an explosion in entrepreneurship and building possible — like providing healthcare to all citizens so that folks can quit their jobs without losing care, making room for new businesses to rise.

Still, it’s good for Marc to get hyped up and mad at our current state, and he has the money to do something about it. So, let’s see what he does about it.

Equity drops every Monday at 7:00 AM PT and Friday at 6:00 am PT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

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Apr
20

Cloud Stocks: Upwork Improves Monetization - Sramana Mitra

Mountain View-based Upwork (NASDAQ: UPWK), the largest online marketplace that enables businesses to find and work with highly-skilled freelancers, has been making several changes to revive its...

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Original author: Sramana_Mitra

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Apr
20

Bootstrapping to $35 Million: BannerBuzz CEO Nishant Shah (Part 1) - Sramana Mitra

In these unusual times, many who once dreamed of funding are forced to bootstrap. Well, bootstrapping is good during good times, and necessary during bad times. Sramana Mitra: Let’s start at the very...

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Original author: Sramana Mitra

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Apr
20

Famed Silicon Valley investor Marc Andreessen says America failed in its pandemic response because it's forgotten how to build

Famed Silicon Valley investor Marc Andreessen has blamed US failures in dealing with the pandemic on its "widespread inability to build."Andreessen noted in a blogpost on Saturday that the US struggled to obtain medical equipment such as masks and gowns because manufacturing had been offshored to countries with cheap manual labor.Andreessen called for aggressive investment into new products and industries, saying that the price of building housing, schools, and hospitals needed to drop.But critics noted Andreessen's venture capital firm, Andreessen Horowitz, has funded software giants such as Facebook and should take some responsibility for an America where physical manufacturing is seen as less valuable.Visit Business Insider's homepage for more stories.

Marc Andreessen, cofounder of Silicon Valley venture capital firm Andreessen Horowitz, has blamed America's failures during the pandemic on its "widespread inability to build."

The US is among the worst impacted countries globally by the coronavirus pandemic, with nearly 800,000 cases and more than 14,000 deaths. The Trump administration has drawn criticism for its flailing response, with Trump initially downplaying the threat of the virus, then promoting unproven drugs, then spreading misinformation about the availability of tests.

Andreessen notes shortages of personal protective equipment such as masks, ICUs, and ventilators, and blamed this on US reliance on sourcing goods from countries where labor is cheap. He doesn't explicitly mention China or any other Asian country, though this is where several US states are sourcing masks from.

Andreessen wrote: "Every Western institution was unprepared for the coronavirus pandemic, despite many prior warnings. 

"Part of the problem is clearly foresight, a failure of imagination. But the other part of the problem is what we didn't *do* in advance, and what we're failing to do now. And that is a failure of action, and specifically our widespread inability to *build*."

He continued: "You don't just see this smug complacency, this satisfaction with the status quo and the unwillingness to build, in the pandemic, or in healthcare generally. You see it throughout Western life, and specifically throughout American life."

The complacency, he claimed, runs to housing, with the US unable to build housing fast enough in super-innovative cities like San Francisco. It also affects education, manufacturing, and transportation. "Where are the high-speed trains, the soaring monorails, the hyperloops, and yes, the flying cars?" he wrote.

Apart from American inertia, Andreessen claimed, some of the blame lies in "regulatory capture", where the government is operating in favor of big incumbents rather than the consumer.

He called for more aggressive investment in new products, industries, and science, especially from the right.

He wrote: "Our forefathers and foremothers built roads and trains, farms and factories, then the computer, the microchip, the smartphone, and uncounted thousands of other things that we now take for granted, that are all around us, that define our lives and provide for our well-being.

"There is only one way to honor their legacy and to create the future we want for our own children and grandchildren, and that's to build."

While Andreessen's post was widely shared on Twitter, his detractors noted that this was the same man who famously coined the phrase "Software is eating the world" — an apparent contradiction to his vision of an America that gets better at building physical goods. Andreessen Horowitz, like many other successful venture capital firms, has largely funded software firms such as Facebook, Zynga, Slack, and Instagram.

Andreessen is simultaneously lauded and controversial. He stepped back from Twitter in 2016, when he also landed in hot water for comments suggesting anti-colonialism had been bad for India. Andreessen has also apparently shown a growing interest in figures from the alt-right, recommending books from provocateur Douglas Murray and Canadian professor Jordan Peterson, and liking tweets from alt-right commentator Mike Cernovich.

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Original author: Shona Ghosh

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Nov
15

10 things in tech you need to know today

Facebook will launch its gaming service in app form on Monday as it looks to capitalize on the industry's current boom.Facebook Gaming lets users watch and create gaming-focused live streams, and also includes some casual games.The social media giant told The New York Times that the coronavirus pandemic led the company to accelerate its work on a number of gaming projects.The app is set to compete with the likes of Amazon-owned Twitch and YouTube.Visit Business Insider's homepage for more stories.

Facebook will launch the Facebook Gaming app on Monday as it looks to capitalize on the gaming industry's current, coronavirus-induced boom.

The app lets users watch and create gaming-focused live streams, and also includes some casual games.

It's set to compete with the likes of Amazon-owned Twitch and Google's YouTube, both of which are major services in terms of livestreaming games.

Fidji Simo, head of the Facebook app, told The New York Times that COVID-19's emergence has led the company to accelerate its work on a number of gaming projects.

"Investing in gaming in general has become a priority for us because we see gaming as a form of entertainment that really connects people," she said, citing "a big rise in gaming during quarantine."

The app will initially only be available on Android. The iOS app is awaiting approval.

Though this is the first time Facebook has launched a proprietary app focused on game live streaming, Facebook Gaming is already the third-largest platform in terms of hours spent watching other people play games.

According to research by Streamlabs and Stream Hatchet, people spent over 500 million hours on Facebook watching other people play games in the first three months of 2020. This compares with over 1 billion hours spent on YouTube's Gaming Live service and over 3 billion hours on Twitch.

Original author: Charlie Wood

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Jul
19

Nintendo updates the timeline on the closure of the 3DS and Wii U eShops

Kevork Djansezian/Getty Images

Good morning! This is the tech news you need to know this Monday.

Google is working on physical and virtual debit cards as it looks to catch Apple's lead in the fintech space. TechCrunch reports that Google is working on physical and virtual debit cards which would link to an associated checking account.The UK has greenlit a £250 million rescue package to stop thousands of startups collapsing during COVID-19. Startups can apply for government cash, but must match taxpayer money with funding from private investors.Conspiracy theories blaming Bill Gates for the coronavirus pandemic are exploding online. A New York Times analysis found more than 16,000 Facebook posts linking Gates with the virus, as well as 10 YouTube videos espousing the conspiracy theories that had garnered 5 million views.Amazon is installing thermal cameras at warehouses to scan employees for fevers. Cases of the virus have been reported among staff at more than 50 of Amazon's US warehouses, and working employees have expressed safety concerns. $2 billion telehealth unicorn Babylon Health has furloughed 5% of its staff in response to COVID-19, Business Insider has learned. Babylon Health said it had seen an increase in demand for some services during COVID-19, but other parts of its business needed to be 'paused.'Buzzy recruiting-software startup Greenhouse cut close to 30% of its workforce, making it the latest in the industry to suffer as hiring across the country comes to an abrupt halt. Greenhouse Software confirmed the news in an emailed statement to Business Insider, adding that the cuts largely affected its sales and marketing teams. Airbnb laid off most of its contractors and postponed summer internships during a Zoom Q&A with the company's CEO Brian Chesky. An Airbnb contractor told Business Insider that many people were caught off guard by the announcement, which came during Chesky's weekly Q&A.Startup valuations at Series A are likely to compress by between 22% and 33% in the second quarter of 2020 due to the coronavirus pandemic, new analysis shows. US figures from Eddie Ackerman, head of financial analysis at Thomvest Ventures, indicate that pre-money startup valuations will drop, based on analysis of companies during the global financial crisis in 2008.  Some of WeWork's outsourced cleaners have lost their jobs — even as the coworking giant keeps offices open and charges members for space they can't use. WeWork cleaning staff were laid off by JLL, the publicly traded real estate company to which the coworking giant outsourced maintenance in December.Melinda Gates said in an interview with BBC Radio on Thursday that she and her husband, Bill, had been storing food in their basements for years in anticipation of a pandemic or other disaster. The couple speculated on a possible lack of clean water and food during a pandemic and prepared accordingly.

Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Business Insider" in your Alexa's flash briefing settings.

You can also subscribe to this newsletter here — just tick "10 Things in Tech You Need to Know."

Original author: Charlie Wood

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Apr
20

Catching Up On Readings: Covid-19 Vaccine Development Landscape - Sramana Mitra

This report from the Nature Journal presents the landscape of Covid-19 vaccine development including the current stage of development of various projects, profiles of vaccine developers, and leading...

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Original author: jyotsna popuri

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Apr
20

Alan raises another $54.4 million for its health insurance product

French startup Alan has raised a $54.4 million (€50 million) Series C funding round. Temasek is leading the round with existing investors (such as Index Ventures) also participating. Overall, Alan has raised $136 million (€125 million) over the past four years.

Alan has built a health insurance product for the French market. The company first started with a well-designed insurance product and wants to tackle all things related to your personal health in the future.

The startup isn’t partnering with an existing insurance company. It has obtained an official health insurance license. Compared to legacy products, Alan wants to be as transparent as possible with clear pricing and policies.

Alan has a huge market opportunity in France as every employee is covered by both the national health care system and private insurance companies.

In addition to its health insurance product, the company has been working on multiple products to help you stay on top of your health. For instance, Alan has partnered with Livi so that can easily schedule telemedicine appointments.

Alan has launched a directory of doctors around you. With Alan Map, you can easily find a health practitioner without any surprise — the company tries to predict how much you’re going to pay so that you can check if you’re 100% covered.

You can also use Alan to keep track of your past appointments, get the phone number of a doctor you’ve already interacted with and more.

Just like fintech companies are building apps that act as financial hubs, Alan wants to become a health hub. Whenever you have a question, you need a piece of information or you want to get reimbursed on your health appointments, Alan wants to become the entry point for those use cases.

More recently, Alan has worked on some content about the coronavirus outbreak and COVID-19 symptoms. You can create an account and talk to a doctor through Livi for free. You can also get two months free on a Headspace subscription in case you’re looking for a meditation app.

With today’s funding round, Alan plans to expand to other countries. It has already opened offices in Spain and Belgium and the company wants to be available all around Europe within five years.

Alan currently covers 76,000 people. It represents $63 million (€58 million) in revenue. At the end of 2018, Alan’s insurance covered 27,000 people. As you can see, the company is growing nicely.

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Apr
19

UK gov announces ‘Future Fund’, pledging £250M match funding for startups impacted by coronavirus

After mounting pressure from the U.K. tech startup ecosystem, and much debate, the British government today unveiled plans for a new “Future Fund” designed to ensure high-growth companies — namely, startups — across the U.K. receive enough investment to remain viable during the coronavirus crisis.

Initially, the U.K. government is pledging a total of £250 million of taxpayer’s money to the new fund (delivered via the British Business Bank). To unlock the investment — which looks to be in the form of a convertible loan note — businesses must secure an equal or greater amount of match funding from private investors, and be a U.K. registered private company that has previously raised at least £250,000 in private investment in the last five years.

The Future Fund is pegged to launch in May, and will see the U.K. government invest between £125,000 and £5 million in qualifying startups. It also says the scale of the fund will be kept “under review,” suggesting more taxpayer money could be committed in future. Applications will initially be open until the end of September.

Meanwhile, there’s some confusion with regards to how the Future Fund’s convertible loans will work in practice. Early reports of the U.K. treasury’s plans stated that “the loans will convert to equity if not repaid,” leading some to believe that there would be an option to repay the loan instead of having it convert to equity during a company’s next funding round.

However, critics point out that if a straightforward repayment option did exist, the U.K. taxpayer would be exposed to all of the downside with very little or none of the upside. In practice, the best performing companies would likely choose to repay the loan and the worst performing companies (or at least those that don’t go bust entirely) would opt to convert to equity.

Or, put simply, a convertible loan note system that automatically converts is favourable because the U.K. government needs to hold discounted equity in the startups that don’t go bust to offset against the ones that do.

Thankfully, despite shoddy initial communication and a number of people with the ear of the government arguing for a repayment option, I understand from sources with knowledge of the treasury’s plans that conversion to equity will be mandatory, except in a few specific scenarios and at a significant premium (“100% redemption premium” plus interest i.e. if the loan is paid back instead of being converted, the taxpayer will make more than a 2x return).

I’ve asked the HMT Press Office for formal clarification and will update this post if and when I hear back. (update: a partial term sheet published by HMT offers some further details.)

£750 million of R&D support

Separate from the new Future Fund, the U.K. government is also pledging £750 million of targeted support for what it describes as “the most R&D intensive small and medium size firms,” although it looks like a portion is previously committed money. The cash will be made available through Innovate UK’s existing grants and loan scheme.

“Innovate UK (the national innovation agency) will accelerate up to £200m of grant and loan payments for its 2,500 existing Innovate UK customers on an opt-in basis,” says the U.K. treasury.

“An extra £550m will also be made available to increase support for existing customers and £175,000 of support will be offered to around 1,200 firms not currently in receipt of Innovate UK funding”.

The first of these Innovate UK payments will be made by “mid-May”.

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Apr
19

A bizarre conspiracy theory puts Bill Gates at the center of the coronavirus crisis — and major conservative pundits are circulating it

Two examples of coronavirus-related Bill Gates conspiracy theories online, in shareable meme form, found on Twitter in April. Twitter

Mentions of coronavirus-related Bill Gates conspiracy theories have exploded on social media and TV: They were mentioned 1.2 million times in the last two months, according to data provided to the New York Times by the media intelligence firm Zignal Labs.

Those conspiracy theories have spread from fringe right-wing conspiracy theorists, like Alex Jones, to conservative pundits like Fox News host Laura Ingraham. "Digitally tracking Americans' every move has been a dream of the globalists for years," Ingraham tweeted in early April. "This health crisis is the perfect vehicle for them to push this."

The commentary was attached to another tweet, which linked to an article about Bill Gates on a conspiracy theory website that cites an answer Gates gave during a Reddit AMA earlier this year. Gates spoke of a hypothetical "digital certificate" that would certify if people were vaccinated from coronavirus. 

According to the piece, "The inevitable mass vaccination campaign to eradicate COVID-19 would be the perfect opportunity to introduce a worldwide digital ID. This system would store a wealth of information about each individual (including vaccination history) and would be used to grant access to rights and services."

It baselessly claimed that Gates — alongside other rich and powerful people — is using the coronavirus pandemic as a means of instilling a worldwide caste system based on a digital ID.

Ingraham's followers understood the message: "I will not take a #BillGatesVaccine," one responded.

Former Trump staffer Roger Stone, who was sentenced to 40 months in federal prison earlier this year, was more direct than Ingraham. "Whether Bill Gates played some role in the creation and spread of this virus is open for vigorous debate," Stone said in a radio interview, according to a New York Post report. "I have conservative friends who say it's ridiculous and others say absolutely."

Original author: Ben Gilbert

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Nov
14

The 3 biggest games on PlayStation 4, Xbox One, and Nintendo Switch this holiday season

NASA created a search feature that allows you to look up photos taken by the Hubble Space Telescope on any given date.The Hubble Space Telescope launched in April, 30 years ago, and has been examining space for 24 hours a day, seven days a week ever since, uncovering some of humanity's biggest discoveries in outer space.Check out how you can use the portal to search for photos taken on your birthday.Visit Business Insider's homepage for more stories.

NASA is celebrating the Hubble Space Telescope's 30th birthday this year with a search feature that allows you to find photos Hubble took on your birthday, KDVR recently reported.

Hubble has been exploring the depths of outer space 24 hours a day, seven days a week since 1990.

During its 30 years of orbit around Earth, Hubble has captured images scientists could not have dreamed of, including the first images of a black hole, water vapor on a planet in a "habitable zone" beyond our solar system,  and gravitational waves, according to NASA's website.

Hubble has given humanity an entirely new view into the universe by expanding the scope of our exploration in ways most of human history lacked, according to NASA.

Here's how you can find photos Hubble took on your birthday:

Original author: Jessica Snouwaert

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Apr
19

Staying up late reading scary news? There's a word for that: 'doomscrolling'

The coronavirus outbreak has led millions to spend their days at home under quarantine, and rely on the internet for communication with the outside world and entertainment to pass the time.Many of us have found ourselves navigating social platforms and news sites detailing death and destruction, while our eyes glaze over and our minds fail to absorb the information.There's now a term for that mindless habit: doomscrolling.Visit Business Insider's homepage for more stories.

Dragging a bit today because you stayed up too late reading about all the gloomy implications of the coronavirus pandemic? A term has now emerged to describe this self-destructive behavior: doomscrolling.

Since my life under lockdown began more than a month ago, my daily routine consists of watching Netflix, working from my laptop, going on TikTok, and spending hours in a semicomatose state swiping through tweets and news stories about coronavirus.

I am far from the only one who has found themselves sacrificing sleep, productivity, and their mental well-being to go down this mind-numbing spiral of pandemic-related headlines. 

"Doomscrolling" has been gaining momentum this week since the Los Angeles Times included it in a recent article about how coronavirus has introduced a new lexicon of words into our daily lives. The Times' Mark Barabak described doomscrolling as "an excessive amount of screen time devoted to the absorption of dystopian news."

However, the Times can't be credited with inventing the word. Quartz reporter Karen Ho has been posting regular reminders on Twitter — often, between the hours of 11 p.m. and 1 a.m. — to stop doomscrolling and go to bed. But, as Ho pointed out, she spotted the term's use on Twitter in a post from October 2018 — and the word could easily have online origins even earlier than that.

—Karen K. Ho (STAY AT HOME) (@karenkho) April 3, 2020
—callamity (@Callamitys) October 7, 2018

Doomscrolling is just one of the words that have recently resurged in popularity to become need-to-know parts of our vocabulary. Terms like "asymptomatic," "social distancing," and "herd immunity" have all entered our lexicon in the wake of COVID-19.

Beyond that, the pandemic has infiltrated internet slang and produced newfound words. There's "the rona," a shortened term for coronavirus; "Zoombombing," the act of trolls infiltrating video calls to spam them with disruptive and hateful messages; covidiot, an individual who isn't taking lockdown and social distancing orders seriously; and quarantini, an alcoholic drink for virtual happy hours.

Doomscrolling has already spread on Twitter and to other corners of the internet. Predictably, it's on Urban Dictionary, where doomscrolling is described as the act of "obsessively reading social media posts about how utterly f--ked we are."

So, there it is: We now have a word to describe those late nights and early mornings of scrolling through social media, unable to stop ourselves even as we dig ourselves into deeper pits of despair. Let me know if you've figured out a solution to doomscrolling — you can find me on Twitter at 2 a.m., refreshing my feed yet again.

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Original author: Paige Leskin

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Apr
19

Decrypted: Post-coronavirus, Auth0’s close call, North Korea warning, Awake’s Series C

Welcome to a look back at the past week in security and what it means for you. Each week we’ll look at the big news of the week and why it matters.

What will the world look like after the coronavirus pandemic subsides?

Some of us are now in our fifth week of sheltering in place, but there’s no fixed end-date in sight. We’ve gone from a period of confusion and concern to testing and mitigation. Now we’re starting to look ahead at the world post-coronavirus. Things still have to get done. But how do we regain a semblance of normality in the middle of a pandemic?

Tech can be the answer but it’s not a panacea; Apple and Google have explained more about their contact tracing efforts to help better understand the spread of the virus seems promising. But privacy concerns and worries that the system could be abused have raised justified concerns. On the other hand, with a U.S. presidential election slated for later this year, many experts want tech out of the picture in favor of a secure solution that uses paper ballots.

Will tech save the day, or will it kick us while we’re down? Let’s dive in.

THE BIG PICTURE

Voting by mail should be having its moment. Will it?

This year’s U.S. presidential election will still go ahead — it’s in the constitution as an immutable fact — but a pandemic throws a wrench in the works.

But security experts say electronic voting isn’t secure or resilient enough to protect from foreign interference. Even the more established mobile voting offerings have been shown to be deeply flawed.

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Apr
19

A timeline to normality, stock market exuberance, and a C-Suite reading list

Hello!

The White House this week released a plan to open up the country, and just yesterday hundreds crowded newly reopened beaches in Florida. In Europe, six countries are starting to lift restrictions, including Spain and Italy. 

But, as Insider global editor-in-chief Nich Carlson writes here, a return to any sense of normality is likely a long way off, as the world awaits immunity testing, an effective treatment, and a vaccine. Here's the latest:

Immunity testing

An effective treatment

The stock market popped on Friday after it was reported that remdesivir, an antiviral drug from Gilead, had seen promising results. Andrew Dunn reported:

The reporters Adam Feuerstein and Matthew Herper wrote Thursday for STAT that a leaked video recording showed University of Chicago doctors describing positive outcomes for the vast majority of a small group of COVID-19 patients who took the antiviral drug, called remdesivir.

But as Andrew explained, biotech analysts are urging caution on the latest data. From Andrew's story:

The UBS analyst Navin Jacob cautioned that the University of Chicago trial represented about 3% of Gilead's clinical-trial program. While Jacob said he was "encouraged" by the report, he also noted "many caveats" given the lack of a control group and no detailed data on how healthy or sick the patients were.

You can read the story in full here:

Not 'a zero' or 'a silver bullet': Biotech analysts are urging caution on the latest data on Gilead's coronavirus drug as stocks surge

A vaccine

As for a vaccine, lots of folks have been talking about an 18-month timeline.  But Andrew reported that SVB Leerink analyst Geoffrey Porges thinks there's a less than 20% chance that we will have a widely available vaccine that is proven effective in 2021.

"No one's done all those pieces and then said 18 months," Porges said. "They've just effectively taken Tony Fauci's 'not for 18 months,' and that's become gospel."

You can read the story here:

A top Wall Street analyst is 'deeply skeptical' of Anthony Fauci's 18-month timeline for a coronavirus vaccine. He told us there's only a 50% chance we'll have one by 2023.

Lastly, Morgan Stanley researchers this week released their own timeline for how they think all of the above will come together. You can read more on that here:

Morgan Stanley just released a comprehensive timeline of the coronavirus outbreak. Here's when analysts think the US will increase testing, get a vaccine, and finally return to work.

And in related news, Morgan Stanley CEO James Gorman, who had coronavirus, this week explained how he's thinking about getting people back into the office safely.

Stock market exuberance

The Dow surged on Friday, locking in the second straight week of stock market gains. That's even as US weekly jobless claims hit 5.2 million, wiping out all jobs created since the Great Recession in just four weeks. That dichotomy has some questioning whether the stock market has gotten ahead of reality. For example:

Business Insider

C-Suite reading list

Martin Coulter reports: 

The COVID-19 pandemic has forced businesses all around the world to shut down their offices and tell employees to work from home. 

Amazon, Facebook, and Google are just a few of the biggest companies to close down their offices all around the world, forcing senior executives to strategize the future of their firms while relying on video-calls and text messages. 

Perlego – an online library startup dubbed the "Spotify of textbooks"– has analyzed the most popular books ordered by more than 600 C-suite executives using its platform. 

Titles include bestsellers by the likes of Nike cofounder Phil Knight, Nobel Prize-winning economist Jean Tirole and Ben Horowitz, one of the best-known investors in Silicon Valley. 

You can read his story here: 

Here are the 20 economics, self-help, and strategy books C-suite execs are reading right now to get their firms through COVID-19

Below are headlines on some of the stories you might have missed from the past week. Stay safe, everyone.

-- Matt

Inside a 38,000-person remote work rollout at Goldman Sachs: sleepless nights, assembly lines, and an Amazon-like hub on a Manhattan trading floorWeWork members are getting fed up paying rent while the coworking giant tries to catch a break on its own leases. Here's how 4 entrepreneurs are trying to get out.These 15 companies could be acquisition targets for Amazon, Microsoft, and Google as the coronavirus crisis ratchets up the cloud wars and crushes tech valuationsFormer employees of Quip, a $170 million electric toothbrush startup that cut 10% of staffers weeks before the coronavirus hit, say a range of issues could frustrate its ability to ride out the pandemicThe top 19 talent managers and agents for TikTok influencers who are helping build the careers of a new generation of digital starsLayoffs and furloughs hit holding companies WPP, Omnicom, and MDC Partners as advertisers slash spendingBatteries, fusion, and hydropower: Meet the 24 clean-energy startups that Bill Gates is backingThe next stimulus plan could include more checks for Americans. Here's what else DC power players want to cram into the bill — and who would benefit most.

 

 

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Original author: Matt Turner

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Nov
15

Japan's cybersecurity minister admits: 'I don't use computers'

Business Insider
Turbocharged engines have become a widespread option across many auto brands, from luxury marques to mass-market options.Turbochargers used to be the province of European cars, but they're appearing on more American nameplates. I've driven turbos from Porsche, Ferrari, McLaren, and Audi, but also from Ford and Chevy.Here's rundown of some favorites.Visit Business Insider's homepage for more stories.

When I was a youngster, turbochargers were exotic, European fare. Americans drove big V8- and V6-powered cars. Sometimes, supercharged. But mostly, all motor.

I still love a naturally aspirated eight or six, but in today's auto market, engines that lack forced-induction of some sort are becoming more rare than the norm.

In the past decade, the turbocharger has become ubiquitous. Why? Well, by using exhaust gases to spin a turbine and cram air into combustion chambers, you can offer higher-displacement power on a smaller motor, and pick up some MPGs in the process. Or not: You can also bolt a turbocharger or two on an already beefy motor and extract more horsepower, MPGs be damned.

I wasn't actually sure how many turbocharged engines we'd tested in the past five or six years at Business Insider. Once I dove in, I stopped after crossing the 50-vehicle barrier. 

Turbos! They're everywhere! Here are some good ones. Actually, a whole lot of good ones:

Original author: Matthew DeBord

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Jan
28

5 pieces of advice for today’s technology entrepreneurs

Apple announced the new iPhone SE on Wednesday, an updated version of the company's smaller and cheaper iPhone originally released in 2016.Apple also still sells the iPhone XR, one of the company's more affordable iPhones.The SE and XR are comparable, but the SE is cheaper and has an upgraded processor, though the XR has a bigger display.Visit Business Insider's homepage for more stories.

On Wednesday, Apple announced the second-generation of its cheaper iPhone SE, originally released in 2016.

The new iPhone SE will start at $399, using the same processor as 2019's iPhone 11, but at a lower price point.

The new iPhone is available for preorder starting on Friday, and Apple says it will ship starting on April 24, replacing the current budget option of the $449 iPhone 8 in Apple's lineup.

Customers looking to buy a new iPhone without spending a lot will likely be choosing between the new iPhone SE and the next cheapest, the older iPhone XR, which retails for $599

Here are the differences between the two:

Original author: Mary Meisenzahl

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May
31

Klaxoon gets $50M to try to make boring meetings more interactive and productive

A Danish architecture firm is building a prototype for eventual lunar habitation, asking "what does it take to live on the moon?".Two architects will live in the prototype for a three month simulated moon mission this fall.The test will take place in northern Greenland, which the architects determined was closest to conditions on the moon.Visit Business Insider's homepage for more stories.

Two space architects in Denmark are working on a prototype that could be used for future habitation on the moon. 

Danish architects Sebastian Aristotelis and Karl-Johan Sorenson both attended the Royal Danish Academy School of Architecture and International Space University, where they won an award for a Mars habitat prototype. Now, their design firm SAGA, focuses on space and what they call "terra-tech," making space livable for humans. 

Here's what the prototype is like. 

Original author: Mary Meisenzahl

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May
31

20 takeaways from Meeker’s 294-slide Internet Trends report

Ashton Kutcher was once reportedly saved by Instagram founder Kevin Systrom after a ski house they were staying at went up in flames.That's according to Bloomberg reporter Sarah Frier's new book, "No Filter: The Inside Story of Instagram."Kutcher had invited Systrom to a weekend trip in Utah, along with several other startup founders. But around 4 a.m., the wall next the fireplace started on fire. Systrom woke up Kutcher and all the other guests and made sure everyone got out safely. While the incident sparked a friendship between Kutcher and Systrom, Kutcher — a prolific tech investor — was initially bothered that Systrom wouldn't take his suggestion to add a "re-gram" feature to Instagram.Visit Business Insider's homepage for more stories.

When Ashton Kutcher met Instagram founder Kevin Systrom in 2011, he wasn't immediately impressed with him — until Systrom saved his life. 

According to the new book "No Filter: The Inside Story of Instagram" by Sarah Frier, Kutcher was introduced to Systrom around the time Instagram had 10 million users. Kutcher had started investing in startups like Spotify, Airbnb, and Path, a competitor to Instagram.

Kutcher and his investing partner, Guy Oseary, were interested in Instagram, but had a difficult time securing a meeting with Systrom. When the meeting finally came about, Kutcher pushed Systrom to consider adding a "re-gram" feature — essentially, letting users repost images other people had taken, similar to Twitter's retweet feature. Systrom said no. 

Frier reports that while Kutcher was "put off" that Systrom wouldn't take his advice, he still decided to invite him to a ski weekend in Utah with a group of other founders, including investor Joshua Kushner.

But around 4 a.m., Systrom barged into Kutcher's room, alerting him that the wall next to the living room fireplace was on fire, and that Kutcher and all the other guests needed to immediately get out of the house, which was filling with smoke. 

Kutcher told Frier that the experience made him realize that Systrom was a good leader, and the two became friends. Kutcher eventually helped Instagram get celebrities on board, introducing Systrom to actors and musicians who would go on to gain millions of followers on the platform.

Over the years, Kutcher has become one of the most active tech investors in Hollywood, reportedly putting more than $3 billion into startups and participating in more than 170 funding rounds.

Instagram went on to be acquired by Facebook for $1 billion in 2012, and Systrom, along with Instagram cofounder Mike Krieger, stayed on until 2018, when they both left the company after reportedly experiencing tensions with Facebook CEO Mark Zuckerberg.

Original author: Avery Hartmans

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