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Monthly Archives: December 2018

Healthcare AI Start-Ups Raise $4.3bn

Healthcare AI start-ups have raised $4.3 billion across 576 deals since 2013, topping all other industries in AI deal activity, reports CB Insights. Image recognition is revolutionizing diagnostics. Recently, Google DeepMind’s neural networks matched the accuracy of medical experts in diagnosing 50 sight-threatening eye diseases. Pharma companies are experimenting with deep learning to design new drugs. For example, Merck partnered with startup ...

Hopes that 3D sensors will revive smartphone market

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Sony, the leader in the  image sensing market ever since it pioneered  CCD development, is hoping that 3D image sensors will  revive the flagging smartphone industry which is estimated to have fallen about 3% this year Sony’s sensor boss, Satoshi Yoshihara (pictured), says the company will ramp up 3D sensor production in later summer 2019 in response to demand from customers ...

China moves on IP protection

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In a move which could be seen as a Chinese initiative to defuse the trade war, China’s Supreme Court has said it will now hear IP-related cases. The decision takes effect on January 1st. Up to now, cases concerning IP have been decided at the district court level. The lack of legal protection for IP in China has long been ...

Dell returns to public market

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Dell went back onto the New York stock exchange on Friday nearly six years after Michael Dell (pictured) took the company public. The complicated deal saw a group led by Michael Dell pay a Dell subsidiary $24.4 billion for control of Dell – a valuation which infuriated activist investor Carl Icahn who says the company is worth $42 billion. The ...

Toshiba positions battery unit for EV growth opportunity

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On April 1, Toshiba’s SCiB li-ion battery business will be transferred from Toshiba Infrastructure Systems & Solutions Corporation (TISS) to become an independent business unit within Toshiba. The move is part of the Toshiba Next Plan and positions the battery business as a new growth business. Positioning the business as an independent operation will remove layers of management and allow ...

Spacecraft to fly past Ultima Thule tonight

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At half past midnight tonight NASA’s New Horizons spacecraft (pictured) flies past Ultima Thule which, at four billion miles, is the most distant object a man-made object has seen. Because of the distance, it will take ten hours for the first images of Ultima Thule to reach Earth. However NASA is showing footage of events relating to the launch of ...

Face Recognition gets legal nod

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Face recognition technology has received a boost from the decision in Rivera v Google in a Chicago District Court. The plaintiffs alleged that Google’s Photo service violated their rights by collecting and storing biometric data from people’s photographs using facial recognition software without their permission. The judge decided that Google’s photo sharing and storage service did not violate the plaintiffs’ ...

Ed’s New Year Resolutions

In these uncertain times, I must look to feathering my post-Ministerial nest, Ed confides to his diary. So my New Year Resolutions are: To bag up more promises of non-exec directorships for when I leave government. To look for closer contacts with foreign start-ups (the Frogs seem very active here) with a view to taking up an equity allocation when ...

Dell returns to the stock exchange

Dell went back onto the stock exchange on Friday nearly six years after Michael Dell took the company public. The complicated deal saw a group led by Michael Dell pay $24.4 billion for control of Dell – a valuation which infuriated activist investor Carl Icahn who says the comany is worth $42 billion. The company has debt of $52.7 billion. ...

Kindness

James Clerk Maxwell was a great man in very many ways – not least as a great human being. After an academic got a critical roasting from Maxwell in an article in Nature, he received an anonymous letter through the post which contained a poem taking the micky out of Maxwell. The anonymous sender of the letter suggested that the ...