A star from our galaxy and a galaxy from far beyond
For years now, we've been hearing — and seeing — how Chrome OS and Android are coming together.The saga has stretched on since the dawn of time — or, uh, at least since about 2015, when the Chromebooks-are-doomed chorus started confidently crooning about the inevitable pending "merger" of Chrome OS and Android. At the same time, of course, those of us who were watching things closely anticipated a far more nuanced alignment of the platforms — nothing quite as dramatic as an only-one-can-survive duel, admittedly, but a far more realistic scenario and one we'd been seeing take shape for some time.To read this article in full, please click here
Alexis Ohanian, cofounder of Initialized Capital and Reddit, bet on healthcare startup Ro when the company only had a pitch deck and a founding team.
Ro on Monday hit a $1.5 billion valuation after raising $200 million in a round led by General Catalyst.
"I think it's going to be a really important part of our healthcare system," Ohanian said.
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When it comes to making bets in early-stage companies that are taking on massive industries like healthcare, Reddit cofounder Alexis Ohanian takes his cues from the founders pitching him.
"We take our guidance from the founders in a lot of ways," Ohanian, the cofounder of Initialized Capital, told Business Insider. "They're the ones who are willing to spend the rest of their lives, trying to solve problems."
Ohanian and Initialized were early investors in the healthcare startup Ro. On Monday, Ro raised an additional $200 million from investors including Initialized in a round that valued Ro at $1.5 billion.
Read more: Buzzy healthcare startup Ro built a huge business selling Viagra and hair loss treatments online. The CEO shared how allergy pills and 'digital health clinics' will fuel the next phase of growth.
Ohanian, a Ro board member, recalled hearing the pitch for Ro CEO Zachariah Reitano, often referred to as "Z" when he was about to go on paternity leave after the birth of his daughter Olympia in 2017.
"When Z, the CEO of Ro, pitched, he only had a founding team and a deck and it was still pretty uncertain," Ohanian said.
At the time, Ro, then called Roman, was focused on connecting men with doctors who can prescribe erectile-dysfunction medication that can then be shipped to your door. The hope was that by making the medication more easily accessible, men would start interacting with doctors more frequently.
At the time, erectile dysfunction medications including Viagra were going generic, and statewide telemedicine laws were rules were loosening up to allow patients to message their doctors online.
But Reitano and his cofounders pitched Ohanian on the vision that Ro would be the first place patients called when they had a healthcare question or concern of any kind.
In the years since, Ro has gone on to expand the model to treating more conditions, and in June set up a pharmacy service in which all generic medications dispensed are $5. In the wake of the coronavirus pandemic and social distancing, patients have flocked to online doctor's appointments rather than go in-person.
Read more: There's a billion-dollar fight brewing over whether doctors should be paid for phone calls and video visits. Who wins could determine the future of healthcare.
To date, Ro has conducted 5 million visits. It has hit record monthly sales amid the pandemic and has an annual revenue of $250 million, CNBC reported in June.
"I can't say four years ago I was an expert on this," Ohanian said. "I just was going to become a dad who was thinking more about his health and needing to take better care of it. It resonated."
Read more: The 21 billion-dollar startups to watch that are revolutionizing healthcare in 2020
Americans are increasingly getting involved in how they get their healthcare, and Ohanian said he sees Ro's approach as becoming a key part of the industry.
"I think we're now going to see tremendous innovation in the next few years post-lockdown world because now more and more Americans are realizing the importance of this and the value of this," Ohanian said. "I think it's going to be a really important part of our healthcare system."
An important part of Ro's approach, Ohanian said was building all the parts of its business in-house. Ro, for instance operates its own pharmacy and built software to help doctors and patients interact. To be sure, the company is still in the early days of its vision of being the first place people call for their healthcare needs.
"They need to do it at the highest levels of integrity because that's what it takes to actually become the patient's first call for healthcare," Ohanian said. "So that was a heckuva vision with just a deck. That's what gets me so excited about this job."Join the conversation about this story » NOW WATCH: Why thoroughbred horse semen is the world's most expensive liquid
Whether you’re after an external HDD or SSD, we rounded up a collection of the best cheap external hard drives.
Gaming smartphones are quite special compared to other smartphone devices. Positioning them as gaming allows top-end hardware, excellent screen and all kinds of gaming “gadgets” ...
The post Nubia Red Magic 5s has a new record in AnTuTu appeared first on Gizchina.com.
Googling "mortgage" will pull up resources to help understand the home buying process.
Unique 24-inch monitor for creatives has unrivaled color reproduction for just $400. But what's missing?
AMD is building on the success of Ryzen 4000 for laptops
In a major announcement made as the company publishes its latest Environmental Responsibility report, Apple has committed to becoming completely carbon neutral across its business, products and manufacturing supply chain by 2030.‘The planet can’t wait’
Apple has made huge strides in this direction: its global corporate operations are already carbon neutral, and while it is sometimes criticized for "greenwashing," most environmental groups think Apple is taking a positive approach.To read this article in full, please click here
In this webinar, one-click checkout startup Fast's co-founder and CEO Domm Holland walks through how to build a pitch deck and win over investors.
Holland was joined by Jan Hammer, general partner at Index Ventures. The conversation was moderated by Business Insider reporter Shannen Balogh, who covers the future of how we shop and pay.
Visit Business Insider's homepage for more stories.
In May, one-click checkout startup Fast raised its $20 million Series A from investors including Index Ventures and buzzy fintech Stripe.
In an exclusive webinar this week with Business Insider, Fast's cofounder and CEO Domm Holland and Jan Hammer, general partner at Index Ventures, walk us through how to build a pitch deck, what investors are looking for, and how founders should approach fundraising.
For Holland, the key to pitch decks is to keep it simple. Fast's pitch deck, for one, features very little text.
"In every communication that we have with any party, we use these values: fast, easy, simple," Holland said.
"You'll see in our deck that that shines through," Holland said. "Every slide should have one clear message that you're trying to portray. If it's confused at all, then you failed in that page."
From an investor perspective, Hammer says that seeing energy and passion in a founding team comes first, and the pitch deck comes after.
Read more: One-click checkout startup Fast used this pitch deck to nab $20 million from investors like fintech giant Stripe. Here's a look at its vision for taking on Apple Pay.SEE ALSO: Here's the pitch deck an app helping new families save used to raise a $9 million Series A from NBA all-star Baron Davis and Anthos Capital
Join the conversation about this story »
Archaeologists have uncovered the remains of an Aztec palace and a conquistador’s house in the heart of Mexico City.
More native applications we smoke, yo, our rep gets bigger Microsoft and Google have been working together to help make Progressive Web Apps (PWAs) easier to publish, in the hope that web apps will one day compete with native apps on mobile devices.…
Need to get your spending on track but not sure where to start? Check out the best budgeting apps to find the right one for you.
These are our favorite 144Hz monitors for the smoothest gaming and entertainment experience.
Skydio is best known for “selfie drones.” Now, it's seeking government contracts, as American officials shun the Chinese drone company.
It's hard to keep calm and carry on when we've entered not-losing-your-mind territory. Here are a few ideas and things to help you cope.
(Terasaki Institute for Biomedical Innovation) As recently published in the journal Cell, a collaborative group including Ali Khademhosseini, Ph.D. and Samad Ahadian, Ph.D., of the Terasaki Institute for Biomedical Innovation (TIBI), has identified collagen V as an important factor in the scarring process and observed that large quantities of collagen V were found in cardiac injury scars.
Welcome to Wall Street Insider, where we take you behind the scenes of the finance team's biggest scoops and deep dives from the past week.
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With a travel-industry slump looking like it could stretch on for months or even years, lenders are beginning to sell debt tied to distressed hotel properties. It's a big change in posture for these firms, which had been wary to sell loans at discounts earlier on in the pandemic.
Dan Geiger mapped out this new trickle of deals, and explained why we could see a surge to billions of dollars in sales in the coming months as more lenders seek to cut ties with bad loans within the lodging sector.
Read the full story here:
A growing group of lenders are looking to unload hundreds of millions of dollars of souring hotel loans. Teams hired to sell the portfolios say it's just the beginning of a surge in activity.
We also had a pair of scoopy trader stories on Friday. Here's a roundup in case you missed it:
Dakin Campbell learned that JPMorgan has placed its top US Treasuries trader on leave amid a compliance review of electronic messages. Earlier this year, the bank removed a handful of interest-rates traders — at least two in New York and one in London — from the floor and turned off their Bloomberg terminals while it investigated their behavior.
Alex Morrell reported that Bank of America has poached a top junk-bond trader from Deutsche Bank, leveling up in one of 2020's red-hot trading markets.
Keep reading for a peek inside Goldman Sachs' first in-person board meeting since the pandemic began; a look at the executives who are driving Amex's digital strategy as e-commerce booms; and to learn why SoFi CEO Anthony Noto is so excited about the fintech applying for a national banking charter.
Have a great weekend,
SoFi makes another go at starting its own bank
The personal-finance startup SoFi has filed an application for a national bank charter with the Office of the Comptroller of the Currency (OCC), Dan DeFrancesco first reported. Approval would allow the fintech to lend money and accept deposits on its own.
Anthony Noto, SoFi's CEO, highlighted three benefits of a national charter when announcing the application to employees in a company-wide email.
Read the full story here:
SoFi just filed an application for a national banking charter, and CEO Anthony Noto told employees it's a critical strategic step for the $4.3 billion fintech
Wells Fargo shakes up marketing
Wells Fargo is shaking up marketing operations and plans to eliminate its centralized CMO role, Rebecca Ungarino reported. The moves underline the personnel and organizational changes CEO Charlie Scharf has ushered in at Wells Fargo, which he joined last fall after leading Bank of New York Mellon.
Since a sales-practices scandal erupted in late 2016, the bank has gone through two CEOs before Scharf took over last year. In 2017, Wells Fargo unveiled a marketing campaign with the tagline "Building a Better Bank," and a year later released the tagline "Established 1852. Re-established 2018."
Read the full story here:
Wells Fargo's longtime CMO will leave her role as part of a bigger marketing shakeup across the bank
Goldman Sachs restarts in-person board meetings
As Dakin Campbell reports, Goldman Sachs has held its first in-person board meeting since the coronavirus pandemic began. About half of the company's board attended last week's meetings, including Chairman and CEO David Solomon. Other Goldman execs were also in attendance.
Several of the attendees chose not to wear masks inside the meeting room, Dakin learned. Others across Wall Street, including JPMorgan, Morgan Stanley, Bank of America, and Citigroup, continue to hold meetings virtually.
Read the full story here:
Inside Goldman Sachs' first in-person board meeting since the pandemic began
Power players leading Amex's digital strategy
The adoption of digital payments has taken off amid the coronavirus pandemic, as consumers look to avoid cash. American Express, both a card network and credit issuer, is riding the digital wave with products like contactless cards, partnerships with players like Venmo, and QR codes to pay.
From fraud monitoring to credit decisioning to exploring new ways to pay, Shannen Balogh took a look at the power players leading Amex's digital push.
Read the full story here:
Meet the 11 American Express execs tasked with helping the card giant keep pace with the e-commerce boom
On the move
Bank of America continues to shake up its dealmaking team that focuses on M&A in the finance sector. After less than a year leading banking M&A at Credit Suisse, Jerry Wiant is packing up again to join the team at Bank of America, where he'll run coverage of banks and specialty finance in the Americas.
One-click checkout startup Fast raised its $20 million Series A from investors including Index Ventures and fintech Stripe in May as it looks to take on Apple Pay to solve pain-points around password management and online checkout.
Join Business Insider reporter Shannen Balogh on Tuesday, July 14 at 1:30 p.m ET when she will speak with Domm Holland, Fast's co-founder and CEO, and Jan Hammer, general partner at Index Venture. They'll discuss how Holland came up with the idea for Fast, how to build a pitch deck, and what it takes to win over investors.
If you're a Business Insider subscriber, you can sign up here.
PPP loans, revealed
Multimillionaire and Highland Capital founder James Dondero's investment platform managing billions got approved for as much as $8 million in loans from the PPP
Inside the legal industry's reaction as it deals with the messy optics of white-shoe law firms taking PPP money
How Postmates went from multiple IPO setbacks to a $2.65 billion takeover by Uber
Private equity and investing
The CEO of an Apollo-backed energy company may face charges for pulling a gun on a Mexican American couple that took a wrong turn near his Colorado home
Private-equity firms' cybersecurity defense has lagged. Here's what makes them attractive targets — and what they can do to protect themselves, according to experts.
Here's how Anthony Scaramucci's SkyBridge offloaded stakes in 2 funds after credit markets seized up
Commercial real-estate hiring is heating back up. 4 recruiters lay out the exec roles they're trying to fill.
Lenders are balking at financing mega commercial real-estate deals
Women-focused coworking startup The Wing is almost $270,000 behind on rent and other charges at its Bryant Park location in New York, according to lawsuit
Some short-term rental startups like Sonder and CorpHousing say they're bargain-hunting for new locations to bet on an eventual travel recovery
WeWork faces 3 new discrimination and harassment lawsuits, including a complaint that says a manager brought knives and a crossbow to work
A top Americas exec at commercial real-estate giant Cushman & Wakefield is out
Knotel is facing claims of $230,000 in unpaid rent and construction bills at one Atlanta location, adding to a growing list of legal woes for the flex-space firm
Payments and fintech
The head of Amex Digital Labs lays out the card giant's innovation strategy, and explains why the future is partnering with tech giants like Apple and Google
Meet the fintech that nabbed $50 million in funding from Alphabet, where customers text it money questions and choose what they pay
Fintech investors say the Wirecard scandal will put increased regulatory pressure on payments companies and stymie growth for startups
Rivals Visa, Mastercard, Amex, and Discover are partnering up for one-click checkouts to compete with the likes of Apple Pay and PayPal as e-commerce booms
Here's the pitch deck an app helping new families save used to raise a $9 million Series A from NBA all-star Baron Davis and Anthos Capital
Here's the pitch deck used to raise a $4.4 million seed round for an AI chatbot looking to transform how people find apartments
Join the conversation about this story » NOW WATCH: A cleaning expert reveals her 3-step method for cleaning your entire home quickly
Despite a few issues with outages at launch, it's mostly gone well for the House of Mouse.How to sign up to Disney PlusSign up for Disney+ here, and start with a 7-day trial so you can see if it's for you, before opting to subscribe for $6.99 a month.That should cover all your entertainment needs: ESPN+ has the sports fan in your life in mind, and Hulu features more adult-themed entertainment, as well as its own originals like The Handmaid's Tale and Stephen King series Castle Rock.Amazon's Fire TV is also supported at launch, following a late deal between Disney and the retail giant.The Simpsons has a big problem on Disney Plus
for Tesla, the upcoming plant in Europe, it is outside of the united states, will be built close to the German capital city of Berlin, germany.It has elbilstillverkarens's ceo, Elon Musk.He has previously revealed that the company's fourth gigafabrik” should be located somewhere in Europe, with a view to the start of production by 2021.the Teacher is saying in the context of an award ceremony in Germany, the factory is to be built in close proximity to Berlin's new international airport.this is The first plant outside of the U.S., in China and the recent taiwan Election, that the production will soon start.
this is an op-ed piece.All of the companies who have been victims of data breaches are required to be reported. " It sounds to be at risk of being affected by the new utpressningsförsök with the threat of being exposed.It is a little bit different to the laws that apply to various activities relating to a notification requirement, such as, for example, we have the GDPR, which applies to ”all” of the NIS that apply to some and then there is the Swedish security protection act for entities with important public business.Over the past year has been a big part of it has been in the utpressningsform, the so-called " Ransomeware attacks.The whole of the infrastructure and main servers, databases, systems, or clients, are suddenly blocked.
Boffins from the Worcester Polytechnic Institute and University of California, San Diego, in the US, and the University of Lu beck in Germany, have found that TPMs leak timing information that allows the recovery of the private keys used for cryptographic signatures.In a paper [PDF] published on Tuesday, "TPM-FAIL: TPM meets Timing and Lattice Attacks," researchers Daniel Moghimi, Berk Sunar, Thomas Eisenbarth, and Nadia Heninger describes how they successfully conducted black-box timing analysis of TPM 2.0 devices to recover 256-bit private keys for ECDSA (Elliptic Curve Digital Signature Algorithm) and ECSchnorr signatures that are supposed to remain unobserved within the TPM.Timing measurements represent a side channel attack that can be used to infer the inner workings of cryptographic systems."Our analysis reveals that elliptic curve signature operations on TPMs from various manufacturers are vulnerable to timing leakage that leads to recovery of the private signing key," the paper states."We show that this leakage is significant enough to be exploited remotely by a network adversary."The researchers found that a local attacker can recover the ECDSA key from Intel fTPM in 4-20 minutes, depending upon the available level of access.
Chinese companies may have filed the most patents globally last year, but that doesn’t necessarily equate to breakthroughs in innovation, said Ryan McCarthy, the principal and chief representative at the Shenzhen office of intellectual property (IP) law firm Fish & Richardson.He called for efforts to boost the quality of these filings.“When you see more patents filings, that’s typically a very clear sign of innovation,” he told TechNode in an interview at TechCrunch Shenzhen 2019 on Monday.“But the number of patents that are actually issued is probably a better sign of quality.”The National Intellectual Property Administration of China, the country’s top patent office, received some 1.54 million patent applications in 2018, accounting for nearly half of total filings globally, according to World Intellectual Property Organization (WIPO) report last month.China’s rise to become top patent-filer worldwide coincides with the country’s push for complete technology self-reliance amid its ongoing trade conflict with the US.
AMD finally announced the availability of its 3rd Generation Ryzen Threadripper processors recently, but there were only two processors included, topping out with the 32-core AMD Ryzen Threadripper 3970WX – but we may have just seen another peeking out from a leak.MSI put out a video advertising its TRX40 Creator motherboard, and while by and large it was just another motherboard ad, there was apparently a nice little tidbit spotted by Wccftech.In the video, there apparently was originally an image of someone looking at Windows Task Manager, which showed a processor with 128 logical processors – or 128 threads.Here are the best processorsThere's a whole world of PC components out thereThe current top end of the AMD Ryzen Threadripper 3rd Generation lineup is the Threadripper 3970WX, which will retail for $1,999 (about £1,550, AU$2,900) when it hits store shelves on November 25.
Companies from Microsoft to Shake Shack have experimented with a four-day workweek to improve productivity and work-life balance.Some of these companies have said the shorter week has made it easier to focus on important tasks.Others, like educational coding startup Treehouse, found that it made it challenging to uphold a solid work ethic.Visit Business Insider's homepage for more stories.With the rise of popular work chat apps like Slack and easy access to corporate email 24/7 through our smartphones, breaking away from work can feel more difficult than ever.At the same time, employee burnout appears to be on the rise.
Google may have canned Daydream VR and poured cold water on both its Cardboard viewers and VR SDK, but it doesn’t want to see the “no-frills, accessible-to-everyone” VR project go to waste.So the company today announced that it’s open-sourcing Cardboard’s software in hopes that third-party developers will continue to support the platform and its apps.This isn’t the first Cardboard-related open source initiative, as the company previously released manufacturing specs for the inexpensive headset to third-party developers in an effort to promote widespread adoption of the viewer technology.Now Google is releasing iOS and Android libraries to support Cardboard features such as head tracking, lens distortion rendering, and input handling, as well as an Android QR code library so viewers can pair with apps without using Google’s own Cardboard app.Rather than abandoning Cardboard to others, the company also promises to back the project with its own contributions of new features, including a Unity-ready SDK package.While millions of Cardboard viewers were given away and sold — 15 million, according to the company’s latest estimate — smartphone-based VR has been supplanted by standalone and higher-end devices.
Ten steps into my run I realized I forgot to cue up my Discover Weekly playlist.The Echo Buds help Amazon's popular voice assistant bridge a small gap—the few feet between a smartphone and your ears.Those who aren’t already hogtied to Amazon's ecosystem might not be as enticed by the siren song of handsfree calling, playlist picking, and instant BBC news updates.I've realized that this is the only real non-verbal control I consider vital.And in terms of battery life, they only get five hours on a charge, which is a few hours less than many new sets.The bass is focused and revealing, striking kick drums and bass notes hard but quickly backing off in places where competitors like Samsung's Galaxy Buds (8/10, WIRED recommends) wobble and blur.
DC Comics fans are getting another version of the Caped Crusader, this time from Planet of the Apes director Matt Reeves.In May, news hit that Twilight actor Robert Pattinson would play Batman.But it seems even more high-profile actors could end up as Batman's friends and enemies.Actor Colin Farrell (Fantastic Beasts and Where to Find Them) is in talks to play Batman villain Penguin, according to Deadline on Tuesday.For confirmed villains, actor Paul Dano is onboard to play Riddler while Zoe Kravitz will play Catwoman (Batman's nemesis and occasional love interest).Actor Jonah Hill -- who was initially in talks to play a villain in The Batman -- is no longer being considered for a role, according to Variety on Oct. 16.
You can also go to the Help Center to see common questions and solutions, visit the Resolution Center to solve transaction issues, or ask a question to the PayPal community in a forum.PayPal is a relatively easy platform to use.Whether you're buying a product or service online, sending money to friends and family, or even receiving funds, it's a pretty simple and straightforward process.Thankfully, PayPal makes it easy for users to get in touch.You can do this in a couple of different ways depending on your preferences — phone may be the best option if you need immediate assistance, while a less urgent issue can likely be solved via the site's messaging feature.Once logged in, scroll all the way to the bottom of the page and click "Contact Us."