Home Top Ad

Responsive Ads Here

Elon Musk’s tunneling and transportation startup The Boring Company is ramping up hiring about six weeks after landing a $48.7 million comme...

Elon Musk’s tunneling and transportation startup The Boring Company is ramping up hiring about six weeks after landing a $48.7 million commercial contract to build and operate an underground “people mover” in Las Vegas.

The company’s website has posted more than a dozen new job openings in Las Vegas as well another 15 at its headquarters in Hawthorne, California. That’s a tiny number of jobs when compared to openings at Musk’s two other companies SpaceX and Tesla. Still, it shows the company is attempting to scale up and move beyond the status of Musk pet project. (TBC hasn’t publicized how many people it employs; estimates from various sources put it at more than 80 people, although there’s evidence of overlap between SpaceX and TBC)

The Boring Company, or TBC, secured the contract in May to build an underground loop system that shuttles people after receiving approval from the Las Vegas Convention and Visitors Authority.

The initial design for the project, dubbed Campus Wide People Mover, or CWPM, will focus on the Las Vegas Convention Center, which is currently in the midst of an expansion that is expected to be completed in time for CES 2021. The newly expanded Las Vegas Convention Center will span about 200 acres once completed. The people mover is supposed to be complete and ready for customers by December 2020.

This underground people mover will involve the construction of twin tunnels for vehicles and one pedestrian tunnel, according to contract documents. The twin tunnels are expected to be less than a mile. There will be three underground stations for passenger loading and unloading and an elevator or escalator system for passenger access to each station.

TBC is looking to fill the kind of jobs one might expect for such an engineering heavy endeavor, including civil and tunnel engineers, construction manager and lead architect.

Once completed, the people mover is supposed to whisk people between stops at high speeds in modified electric Tesla vehicles. The contract describes these as autonomous electric vehicles, or AEVs. The standard AEVs will be Tesla Model X and Model 3 vehicles, the company said. It plans to use modified Tesla Model X chassis for a “high-occupancy” AEV that will transport up to 16 passengers with both sitting and standing room.

(It should be noted that Tesla vehicles on roads today are not self driving, and instead have an advanced driver assistance system that handles certain tasks on highways such as lane steering and adaptive cruise control.)

Before it opens to the public, the contract dictates that TBC test the system for three months.

While the project is limited for now, TBC has said in the past that the project could someday connect downtown, the Las Vegas Convention Center, the Las Vegas Boulevard Resort Corridor and McCarran International Airport.



from TechCrunch https://ift.tt/301HYkn

Equinix , one of the world’s largest data center companies, announced that it will form a $1 billion joint venture with GIC , Singapore’s s...

Equinix, one of the world’s largest data center companies, announced that it will form a $1 billion joint venture with GIC, Singapore’s sovereign wealth fund. The partnership will focus on building xScale data centers in Europe. Instead of targeting the wholesale market, Equinix is developing xScale data centers to handle the demands of of the biggest cloud service providers in the world. Equinix’s clients have already included Alibaba Cloud, Amazon Web Services, Microsoft Azure, Oracle Cloud Infrastructure, Google Cloud and other hyperscale cloud providers.

Under the agreement, expected to be finalized in the third quarter, GIC will own an 80 percent stake in the joint venture, with Equinix owning the remaining 20 percent. Equinix will also sell its London LD10 and Paris PA8 International Business Exchange (IBX) data centers to the joint venture for new xScale centers. xScale centers will also be built in Amsterdam, Frankfurt and London, bringing the total to six centers that will provide a combined capacity of 155 megawatts once completed.

Equinix says global deployments from hyperscale cloud providers currently exceed about $500 million in annual revenue. The new xScale data centers will be located on or near Equinix’s IBX campuses, to enable providers to handle more customer access points and rapidly-scaling workloads. Equinix currently has more than 200 IBX campuses, covering more than 50 metro areas around the world. xScale data centers will also offer interconnection and edge services to increase connection speeds for cloud service customers and be engineered specifically to meet the needs of hyperscale companies.

In a press statement, Charles Meyers, president and CEO of Equinix, said, “The JV structure will enable us to extend our cloud leadership while providing significant value to a critical set of hyperscale customers. We look forward to launching similar JVs in other operating regions and believe that these efforts will continue to further differentiate Equinix as the trusted center of a cloud-first world.”



from TechCrunch https://ift.tt/2FMSnJ1

It’s official. Samsung just sent out invites for the next Unpacked event. The big show kicks off at 4PM ET August 7, right here in New York....

It’s official. Samsung just sent out invites for the next Unpacked event. The big show kicks off at 4PM ET August 7, right here in New York. The timing lines up with rumors that have been floating around for few weeks — not to mention last year’s big event.

And in case there was any mystery around what precisely the company is going to unveil, Samsung has happily spoiled the surprise with the inclusion of a prominent S Pen on the invite. The August event will almost certainly see the debut of the Galaxy Note 10.

The art appears to hint at an updated camera, as well. Based on recent leaks, the invite looks to be a closeup of the nearly all-screen front of the new phablet, with the single hole punch front facing camera up top. 

The new handset is said to include a vertical three array camera with depth sensing and a 5G option. Samsung is also reportedly dropping the headphone jack this time out, after years pointing to it as a standout feature from the rest of the industry.

Last year’s event also saw a number of additional devices, including the (still unreleased) Galaxy Home smart speaker. And very least maybe we’ll finally be getting a date on that product, along with more information about the long delayed Galaxy Fold.



from TechCrunch https://ift.tt/2xp9pIM

NBN Co has put forward a proposal to its top 50 retail service provider (RSP) partners, asking them what they think of charging a different ...

NBN Co has put forward a proposal to its top 50 retail service provider (RSP) partners, asking them what they think of charging a different amount for the data used by streaming video compared with other traffic and services.

First reported by telecom industry publication CommsDay, NBN Co is essentially testing the waters to see if companies that sell the NBN to customers – such as Telstra, TPG and Optus – would support and enforce higher rates for users that watch Netflix, Stan and other streaming services.

On June 20, NBN Co sent its Wholesale Pricing Review to the aforementioned 50 RSPs, seeking industry feedback on the service’s pricing structure thus far and how it can be amended in the future.

Included in the pricing review is the following question: “Would your organisation support the development of a price response whereby charging of streaming video could be differentiated from the charging of other traffic/services? Would your organisation be likely to productise such a mechanism if developed by NBN?”

Consequences

According to market research company Roy Morgan, over 11.2 million Australians had Netflix subscriptions as of February 2019, a 25% increase over the previous year’s figures.

Considering that almost half of all Australian residents have a Netflix subscription alone, and this exists alongside a plethora of other video streaming options (including YouTube), it’s safe to assume that raising the cost of accessing these services would be unpopular with the public.

Similarly, considering that it’s typically left up to the RSP to decide on traffic shaping and prioritisation, it’s unlikely that these companies will be willing to lose that degree of control.

The final and potentially most alarming consideration is that of privacy. NBN Co, as a contracted company intended on providing infrastructure, should theoretically not have any deeper insight into specific users and their usage.

It’s unclear at this stage what exactly the pricing changes would be if they were to be put in place – and would likely be up to individual RSPs – and there’s also plenty of opportunities for opposition before it gets finalised, including from the RSPs themselves and consumer-rights organisations like the ACCC.



from TechRadar - All the latest technology news https://ift.tt/3257G9m

It’s set to be the biggest Prime Day yet and in the lead up to Amazon’s massive annual sale, the online marketplace is offering its Austral...

It’s set to be the biggest Prime Day yet and in the lead up to Amazon’s massive annual sale, the online marketplace is offering its Australian Prime members plenty of incentives to participate, like getting a three-month long free trial to check out Audible and Kindle Unlimited.

To sweeten the deal, Amazon Australia is also offering free expedited delivery on items bought from the Global Store section of the site, even if the price of the product is under $49.

This, however, is a limited time offer expiring at 11:59pm AEST on July 21 and is only available on Prime eligible products shipped and sold by Amazon US.

Conditions apply

You will, of course, need to be a Prime member to take advantage of this offer.

According to Amazon, expedited delivery on international products means you’ll receive your items in 7-10 business days (as opposed to the 8-12 day delivery on standard shipping). 

While Prime eligible products under $49 usually incur a shipping cost, even for Prime members, Amazon will shave this off until July 21.

  • Not a Prime member yet? Sign up now and try it free for 30 days.

However, if you purchase a mixed bag of items (eg: a camera lens that is Prime eligible along with a Corsair wireless gaming headset that isn’t), then standard delivery rates will apply.

Another stipulation of the offer is that all eligible items purchased in a single transaction will have to be shipped to the same address.

The advantage of shopping from the Global Store section of the Australian site is you get a wider selection of products that have import fees already included in the price, with Amazon handling customs clearance for you.



from TechRadar - All the latest technology news https://ift.tt/2XriW1r

via TechRadar - All the latest technology news https://ift.tt/3257G9m


via TechRadar - All the latest technology news https://ift.tt/3257G9m

via TechRadar - All the latest technology news https://ift.tt/2XriW1r


via TechRadar - All the latest technology news https://ift.tt/2XriW1r

Eclipse-chasing scientists are gathered in South America for the total solar eclipse on July 2. Here's what they're hoping to see. ...

Eclipse-chasing scientists are gathered in South America for the total solar eclipse on July 2. Here's what they're hoping to see.

from Wired https://ift.tt/2Jh23MH
https://ift.tt/eA8V8J

A taskforce made up of tech companies like Facebook, Microsoft, Google and Amazon, alongside Australian ISPs, has proposed specific laws be ...

A taskforce made up of tech companies like Facebook, Microsoft, Google and Amazon, alongside Australian ISPs, has proposed specific laws be put in place giving the country’s eSafety Commissioner more power to block sites sharing malicious and abhorrent violent content online.

This proposal comes in the wake of the Christchurch shootings in March, when the massacre of innocent people at prayer was streamed live and shared online by other sites.

At the time, Australian ISPs began proactively blocking websites hosting the video or sharing the shooter’s manifesto, relying on a vague subsection of the 1997 Telecommunications Act which gives the eSafety Commissioner the power to issue written directives to ISPs.

It was a temporary solution but it worked, with the government hastily passing laws in April that criminalised the sharing of malicious content online. This meant that while ISPs were legally required to take down sites sharing the Christchurch video, there was no law in place to protect them from blocking the sites in the first place.

Making it black and white

Now, however, the taskforce wants more concrete legislation, asking the government to develop a “protocol [that] would set out the arrangements and process for implementing blocks of websites hosting offending content, including the means of determining which ISPs would be subject to blocking orders, the length of time that the ISPs will be required to implement the blocks, and the process for removing the blocks”.

The taskforce report also suggests that the legislation should clearly define whether “the terrorist or extreme violent material is sufficiently serious to warrant blocking action, and to identify the domains that are hosting the material”.

The proposal also asks the government to provide “guidance” on when the protocol should be used by the eSafety Commissioner.

At present, there are laws in place to block sites sharing illegal material like pirated content and child pornography, but the law isn’t enacted too often. Before the new proposal becomes law, though, the eSafety Commissioner’s office has released a statement that it will work closely with the ISPs and tech companies to ensure the legislation works for “all parties” including the end users.



from TechRadar - All the latest technology news https://ift.tt/2XirNSI

via TechRadar - All the latest technology news https://ift.tt/2XmosSP


via TechRadar - All the latest technology news https://ift.tt/2XmosSP

via TechRadar - All the latest technology news https://ift.tt/2XirNSI


via TechRadar - All the latest technology news https://ift.tt/2XirNSI

via TechRadar - All the latest technology news https://ift.tt/326lKzC


via TechRadar - All the latest technology news https://ift.tt/326lKzC

Almost every month in 2019 so far has seen reports of a local government falling prey to ransomware, but this series of attacks belies an ev...

Almost every month in 2019 so far has seen reports of a local government falling prey to ransomware, but this series of attacks belies an even broader threat.

from Wired https://ift.tt/2XhIY74
https://ift.tt/eA8V8J

via TechRadar - All the latest technology news https://ift.tt/2XbBayV


via TechRadar - All the latest technology news https://ift.tt/2XbBayV

via TechRadar - All the latest technology news https://ift.tt/2iJ2U9N


via TechRadar - All the latest technology news https://ift.tt/2iJ2U9N

Flux , the London fintech that offers a platform for banks and merchants to power digital receipts and rewards, has unveiled its first part...

Flux, the London fintech that offers a platform for banks and merchants to power digital receipts and rewards, has unveiled its first partnership with an online-only merchant. The London-based company has managed to sign up Just Eat, the online marketplace for takeout food and delivery.

As of today, Just Eat’s U.K. customers will be able to receive digital itemised receipts directly in their Flux-supported banking app immediately after placing an order. At launch, this will include challenger banks Starling and Monzo, with the service rolled out across Flux’s other existing bank partner, Barclays launchpad, later this year.

“We’re always looking for ways to harness innovative technology to give our customers more ease, choice and convenience,” says Fernando Fanton, Chief Product & Technology Officer at Just Eat UK, in a statement. “We’re delighted to be the first in our sector to roll out Flux digital receipts ensuring customers can see exactly what they’ve ordered from the 30,000+ restaurants we work with across the U.K., directly within their banking apps”.

just eat welcome post 2 1Although Just Eat is the first online marketplace to partner with Flux, the online takeout marketplace joins a number of other Flux-supported food and drink brands. They include household names such as KFC, schuh, EAT.,and Costa Coffee.

“The truth is online merchants have never been the focus for us because we thought the value gap was smaller than it is,” Flux co-founder Veronique Barbosa tells me. “When we reflected on how to break into the market, the clear win was with offline merchants who are constantly seeking ways to build a digital link to their customers and provide them with better experiences. Meeting Just Eat at the end of April opened our eyes to the different value that we can bring to online merchants starting with more convenient experiences for customers trying to remember what they bought”.

With that said, Barbosa cautions me not to expect a flood of online marketplaces signing up to Flux just yet. “Our current focus is to offer customers a diverse set of retail partnerships,” she says. “That’s also why after Costa or KFC we didn’t stop everything to focus on coffee shops or fast food chains. Having said that, we learnt a lot with Just Eat on how to provide value for online merchants and are really excited to on-board other pure online players before year end”.

Eventually Flux wants to work with all U.K. merchants but in the short term the company maintains it needs to continue proving to the market that a solution like Flux can add value to “all verticals and businesses”.

“The conversation has moved on a lot from the early days,” says Barbosa. “Just 6 months ago, Tier 1 merchants thought Flux was a vision, valuable for smaller players but hard to execute at scale. The progress we’ve been making with the biggest banks and merchants moved the conversation from ‘are you sure this is possible’ to ‘tell me what you did for KFC and how it applies to me’.

“Sales cycles can be challenging but we’re proud to be constantly improving our metrics from first conversation to live, but it’s no small feat. Now that we’ve grown the team more, we’ve had the time to focus on an exciting interface we’re calling Marvin that will help merchants of all sizes on-board faster which we’ll be beta testing soon”.

Meanwhile, although the current focus remains building receipt infrastructure and on-boarding merchants, Flux’s long term vision is much broader. By bridging the gap between the itemised receipt data captured by a merchant’s point-of-sale (POS) system and what little information typically shows up in your bank statement or mobile banking app, the startup can offer new types of experiences for consumers that go beyond loyalty schemes, and card-linked offers.

In the future this might include letting you easily track your eating out habits, right down to item-level rather than just merchant category, as part of your general health goals. It is in this context that on-boarding Just Eat starts to look a little more interesting.



from TechCrunch https://ift.tt/2KQNva4

Looking for a clear answer on the best way to bag a cheap BT Sport deal? If you're here, chances are you been asking yourself how much i...

Looking for a clear answer on the best way to bag a cheap BT Sport deal? If you're here, chances are you been asking yourself how much is BT Sport going to cost? Can I get BT Sport on Sky or Virgin Media instead? Can I watch the Champions League on BT Sport? You've asked and we're here to answer.

On this page we'll tell you about the best offers direct from BT (for new and existing customers) and also how to get a BT Sport package if you already have Sky TV or Virgin Media. With so many options available from each provider, we've simplified the listings as much as possible so you can weigh up the best option for you without the pushy up-selling you'd get in stores, shopping centre booths or on the phone. Alternatively, if you'd prefer a bit of Sky Sports, we've also extensively covered the latest Sky TV deals available.

What's on BT Sport?

The BT Sport Pack includes BT Sport 1, BT Sport 2, BT Sport 3 and BT Sport ESPN. Across these channels you'll find every Champions League match live, so no more asking the pub landlord to swap over to the match you actually want to watch and upsetting those Man United supporting Southerners. There's also a selection of Premier League matches every week.

BT Sport is also the only place to enjoy Ashes cricket next year as BT nabbed the exclusive rights to broadcast it next summer. Elsewhere on BT Sport you can enjoy the Rugby Aviva Premiership, Moto GP and much more. Sound good? Then let's check out the latest BT Sport offers.

How to get BT Sport deals direct from BT

BT Sport deals are available as an add-on to a BT TV package and also as an extra to BT broadband. Let's have have a look at all the options and how much they'll cost you each month. Prices direct from BT rather than going through third parties like Sky and Virgin Media are the cheapest options available.

BT Sport offers if you're not a BT customer yet

If you already get your TV or broadband from Sky or Virgin and your contract isn't up for a while, you can skip this section and scroll down to the heading 'How much is BT Sport on Sky?' or 'How to get BT Sport on Virgin Media.' 

I'm already an existing BT customer

If you already have BT broadband or a BT TV deal, good news. You can get BT Sport for less than anyone else on Sky or Virgin, maybe even for free. Take a look at the latest options for current BT customers below.

How much is BT Sport on Sky?

Rather than put up a wall between their customers, BT and Sky have reached an agreement allowing existing Sky customers access to BT Sport too. That means they'll have the most comprehensive sports coverage in the UK. Sky customers will have to set this up through BT though rather than Sky. 

The options are simple though and BT's website will walk you through the steps, We've included links below and we'll talk you through the various options and how much they cost too.

How to get BT Sport on Virgin Media

You don't have to go with BT broadband to get BT Sport. BT is keen to let its rivals pay them to let you in on the action too. New Virgin broadband customers can take advantage of Virgin's superfast fibre broadband and enjoy BT Sport.

There are a few Virgin broadband with BT Sport packages to choose from, sadly they don't include the cheapest Virgin deals. On the plus side you're getting the shiny HD versions of the BT Sports channels in all of them. There are three main deals to choose from, although as you're going through the transaction you might be offered extras or modest upgrades along the way.



from TechRadar - All the latest technology news https://ift.tt/2yBQD2r

via TechRadar - All the latest technology news https://ift.tt/2yBQD2r


via TechRadar - All the latest technology news https://ift.tt/2yBQD2r

Samsung has name-checked the Samsung Galaxy Note 10 , leaving us with no doubt what it will be called, and that it does exist. We spotted t...

Samsung has name-checked the Samsung Galaxy Note 10, leaving us with no doubt what it will be called, and that it does exist.

We spotted the Samsung Galaxy Note 10 name during an official presentation at the firm's Korean campus – the first time the much-rumored handset's name has been alluded to by Samsung.

What we saw was the 'Galaxy Note 10' name in an image (which we weren't allowed to photograph) with, what we're told, a rough render of a reference device which isn't representative of what the handset will look like when it launches (hmmm).

The Samsung Galaxy Note 10 launch date is tipped for August 7, although we’re still waiting on confirmation from Samsung itself as to when it plans to reveal its next super-sized smartphone to the world.

Infinity-O going central?

During the same presentation we also saw a couple of other images of a handset with an Infinity-O display where the camera (completely surrounded by screen) is centrally placed at the top of the display, rather than being locate in the right corner, as on the Galaxy S10 and S10 Plus.

When we quizzed Samsung on the handset in these images, we were told they too were merely reference devices and not a confirmed product.

However, it does suggest Samsung is considering this particular layout and with the Note 10 launch potentially just round the corner, it could be a candidate for the new look. 

Although, with the Note series tending to be Samsung's most premium offering, it would be a surprise if it had just a single front-facing camera considering the S10 Plus and S10 5G both have two.

We'll have to wait and see, but at least we can now say with complete certainty, that the Samsung Galaxy Note 10 is on its way.



from TechRadar - All the latest technology news https://ift.tt/2KR86L8

via TechRadar - All the latest technology news https://ift.tt/2KR86L8


via TechRadar - All the latest technology news https://ift.tt/2KR86L8

The rise of streamed video has seen the market for licensing streamed music boom in the last few years, with not only consumers using video ...

The rise of streamed video has seen the market for licensing streamed music boom in the last few years, with not only consumers using video as a medium to listen to tracks but video creators also extensively using music as part of their own productions. Today, a startup that has built a platform to capitalise on the latter of those two uses is expanding its business.

Epidemic Sound, a startup out of Sweden that lets video producers — creators for social media platforms, advertising folks, film producers and more — search for music and then license it to use as soundtracks on their videos, has raised $20 million in funding at what we understand is a $370 million valuation.

Its music licensing customers include a lot of “household” names, from YouTubers and creators on Instagram, TikTok and the rest, to big agencies and popular premium streaming video destinations like Netflix.

On the musician side, however, this is not the place to find a Taylor Swift track (not yet, at least): it’s a lot of mostly anonymous names who are professional jobbing musicians who are either doing this for supplementary income until they do hit the big time, or as an end in itself, with the biggest creators making “tens of thousands of dollars per month” on Epidemic, said Oscar Hoglund, Epidemic’s co-founder and CEO.

(Epidemic itself has been growing revenues 100% year-over-year, Hoglund told me.)

Investors in this round include Korean firm DS Asset Management and Skandinaviska Enskilda Banken AB (SEB), a Swedish financial group that is providing debt financing. Other investors in Epidemic include Creandum, EQT Mid-Market and Atwater Capital. (Creandum, the Swedish VC firm that recently closed a new fund, is a notable investor in the Swedish music tech world, with its portfolio also including Spotify, Soundtrack Your Brand, which used to be called Spotify for Business, and headphone maker Jays.)

DS Asset Management’s investment is strategic here: Epidemic plans to use the funding to move into Asia specifically by setting up shop in Korea, which Hoglund notes is something of a lynchpin for video creation in the region, fuelled by the huge popularity for K-Pop and other trends.

“South Korea is the cultural hotspot right now for the region,” he said in an interview. “It’s a net exporter for content. Music is consumed and played there, but licensing to creators there means it will travel elsewhere in the region, too.”

The “music wars” that marked the growth of digital music — where tracks were used, shared and downloaded across various platforms with little thought or ability of paying royalties or licensing fees — are becoming increasingly rare, with a number of technologies and businesses (such as another Swedish entity, Kobalt) emerging that have been built to help track usage and to collect money for that, and platforms themselves increasingly reluctant to face labels and other rights holders both in the court of law, and the court of public opinion.

Epidemic has arisen as one of the benefactors of that wave by making it easier for creators to find the legal content that they need. Those who are in need of a particular kind of music for their soundtracks go to Epidemic’s search engine and select what they want to use by genre, mood, energy level and beats per minute (for faster or slower-paced tunes). You can listen to each item and then quickly pick out what you want to use and download it. Those who use the platform regularly will in turn get more accurate results attuned to their general tastes, not unlike how many music-streaming platforms learn your tastes.

But this isn’t a massive, scale-wins-all marketplace, Hoglund points out. While any and all creators are welcome to join and use the music (payments for them are in two tiers, depending on whether you are a creator or a professional, and how much you stream the music) — and there are now millions of them using Epidemic — on the content side, Epidemic intentionally curates the mix of music and number of tracks so that the quality remains consistent, and its algorithm doesn’t get too overwhelmed and stays accurate in what it provides in search results.

The music creatives, meanwhile, receive an upfront payment for each track Epidemic buys, with payment varying depending on the track. Subsequent to that, it splits the revenue from music streaming platforms where the music might later alongside its use in the video tracks (Spotify, Apple, Deezer, etc.) 50/50 with musicians.

“The way we see it and our mission is that we are looking for create success all music, both for those who make it and have a need for it,” said Hoglund. “We’re not a marketplace in the sense that YouTube is one, where anyone can upload and consume something. We’re more like Netflix, where we have a more curated and selective approach.” This means that the number of artists on Epidemic numbers in the thousands, he said, “not the hundreds of thousands.”

The company has a lot of competition in the market, from the likes of other companies that have made a business out of providing soundtrack music, such as Muzak, through to platforms providing music themselves (for example YouTube), and potentially music streaming platforms that you could imagine would want to make a move into an area like this as another way to help music makers monetise their work. I asked about whether Epidemic had ever been approached by Spotify, for example, Hoglund told me with a short laugh that he would decline to answer but that this wasn’t something that was being pursued or even considered by Epidemic.

One of the reasons is because, by being platform-agnostic, it has the option of working with everyone with no strings attached. He said that currently Epidemic’s music is played for $250 million hours/month on YouTube on average, making it the most popular platform, with numbers two and three Instagram (owned by Facebook) and Facebook itself, with a growing amount of traction also now on TikTok. While premium streaming customers will be less prolific users of Epidemic, they bring in much larger revenues per user typically.

 

 



from TechCrunch https://ift.tt/2FLlVXk

Thirty-three-year-old founder of personalized medicine company DotLab , Heather Bowerman, wants to shake up the women’s health industry with...

Thirty-three-year-old founder of personalized medicine company DotLab, Heather Bowerman, wants to shake up the women’s health industry with what she believes to be a better, cheaper, less painful test for endometriosis.

Her company has just completed a Yale University-led validation study and raised $10 million in Series A funding from CooperSurgical, TigerGlobal Management, Luxor Capital Group and the law firm Wilson Sonsini Goodrich & Rosati to bring a new, non-invasive diagnostic test to market.

DotEndo

Endometriosis is an often painful disorder in which tissue begins to grow outside of the uterus and into a woman’s ovaries, fallopian tubes and pelvis. The disease may affect up to one in 10 women of childbearing years and about half of all women who experience infertility, according to the U.S. Department of Health and Human Services.

However, even with clear symptoms of the disease, doctors often try to test for endometriosis as a last resort. The only way currently to test for it is through an invasive laparoscopic procedure, which comes with risks like internal bleeding, infections and hernia.

Called DotEndo the new DotLab test eliminates that risk with a simple diagnostic test. “The rationale for using our test is to test as early as possible and also to use it non-invasively,” Bowerman told TechCrunch.

The CEO was also quick to point out DotEndo is not a genetic test, as there are plenty of tests out on the market helping women discover possible genetic markers around fertility. Rather, it’s a physician-ordered diagnostic test you would take through a lab to find out if you have this specific disease.

“The revolutionary technology behind DotLab’s endometriosis test could improve the lives of the hundreds of millions of women affected by this debilitating disease which has been under-researched and deprioritized for too long,” Bowerman said in a statement.

While there has been some innovation in the space lately — U.S. regulators just approved a new pill to treat endometriosis pain — Bowerman is right in that we definitely still have a long way to go in diagnosing and curing the disease and that will take a lot more capital from investors in the future.

Meanwhile, the next step for DotLab will be to get its test into the hands of physicians, with the hope they recommend DotEndo right off the bat to patients exhibiting symptoms.



from TechCrunch https://ift.tt/2Xl1lba