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☆ Why AI deals in healthcare have grown faster than other areas of tech — and what VCs are paying close attention to
▼ + stars: | 2024-06-11 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +8 min

Healthcare AI companies raised $2.8 billion in the first quarter of this year, according to the SVB report titled "The AI-powered Healthcare Experience." SVB projects funding to AI healthcare companies to total $11.1 billion in 2024. While healthcare AI startups might have it better, they're not out of the woods. Healthcare startups using AI for administrative tasks have grabbed $6.6 billion since 2021 and made up 42% of healthcare AI deals in the first quarter of this year, according to SVB. AdvertisementIn some cases, Big Tech companies are pushing healthcare startups forward.

Persons: —, Raysa Bousleiman, they're, Siva Namasivayam, Galym, Bousleiman, Shiv Rao Abridge, Lynne Chou O'Keefe, Lightspeed's Imanbayev Organizations: Service, Silicon Valley Bank, Business, Big Tech, Abridge, Health, Lightspeed Venture Partners, Google, Fathom, Nvidia, Ventures, Technologies Locations: Cohere, Abridge, SVB .

On a drizzly Saturday afternoon, hundreds of mahjong enthusiasts gathered in Downtown Brooklyn to play the 19th-century Chinese game of strategy and luck. As attendees entered the Korean food hall Hana House, they spread out over some two dozen tables. Upbeat electronic music from a live D.J. The afternoon marked the second birthday of Green Tile Social Club, a New York-based mahjong community that was hosting its first tournament. Four Asian American alumni from the University of Texas at Austin — Ernest Chan, Grace Liu, Joanne Xu and Sarah Teng — started playing together about two years ago, and it grew into the club.

Persons: Austin — Ernest Chan, Grace Liu, Joanne Xu, Sarah Teng — Organizations: Hana, Tile Social, University of Texas, Austin Locations: Downtown Brooklyn, New York

☆ As fears of war brew, China and Taiwan are still joining forces to rescue lost fishermen, Taipei says
▼ + stars: | 2024-03-15 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

Taiwan and China authorities are still working together on at least one front: coast guard rescue. Taiwan's coast guard has helped China with 17 rescues in the last three years, the agency's chief said. Both coast guards launched a joint operation to search for Chinese fishermen on Thursday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Chou Mei-wu, the director-general of Taiwan's coast guard, made the comment in parliament on the same day that his agency announced one such joint effort.

Persons: —, Chou Mei Organizations: Service Locations: Taiwan, China

☆ Exclusive: AI healthcare software startup Cohere Health just raised $50 million
▼ + stars: | 2024-02-01 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Cohere Health just landed $50 million in Series B extension funding, Business Insider has learned exclusively. Deerfield Management led the Series B extension, with participation from Define Ventures, Flare Capital Partners, Longitude Capital, and Polaris Partners. The Cohere Health team. This year, as it works to get more health plans to use its software, Cohere plans to grow its workforce. In the second quarter of this year, Cohere plans to announce software that will apply AI to medical imaging.

Persons: Siva Namasivayam, Cohere, Axios, Namasivayam, It's, Michael Greeley, Lynne Chou O'Keefe, Greeley, Cohere's Organizations: Cohere, Business, Deerfield Management, Define Ventures, Flare Capital, Longitude, Polaris Partners, Humana, Capital Partners, Cohere Health Locations: Deerfield, Cohere

☆ Elon Musk is about to find out if ultimatums really work
▼ + stars: | 2024-01-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the ultimatum Elon Musk gave Tesla's board amid a critical time for the company. The big storyElon's ultimatumREUTERS/Steve NesiusUltimatums rarely work in relationships, but what about between CEOs and the massive companies they run? Elon Musk is about to find out. Musk, who has roughly a 13% stake in the EV maker, said if his request isn't met, he'll "prefer to build products outside of Tesla." Meanwhile, Ross Gerber, a longtime Tesla bull, said it's "absurd" to think Musk doesn't already have control over Tesla and described his request as "blackmailing the Tesla shareholders."

Persons: —, Antony Blinken, Elon Musk, Steve Nesius Ultimatums, Elon, isn't, didn't, Wedbush's Dan Ives, Musk's, Ross Gerber, Tesla, Dow Jones, George Glover, That's, cowering, Caspar Benson, Jamie Dimon, dory, Trump, Ray Dalio, Biden, Evan Spiegel's, Hokyoung Kim, They've, Kristen Stewart, Christopher Nolan, Maite Alberdi, Celine Song, Eugene Lee Yang, Dave Bautista, Kevin Costner, Estelle, AA Milne, Jay Chou, Jennifer Ortakales Dawkins Organizations: Service, Boeing, Business, Tesla, EV, Apple, Microsoft, Nvidia, Getty, Intellia Therapeutics, Shoals Technologies, JPMorgan, Biden, Bridgewater Associates, Trump, Alliance, Helicopter, BI, Sundance, Northern Trust Locations: Switzerland, Tesla, Northern

☆ 25 healthcare startups that are set to take off in 2024, according to top VCs
▼ + stars: | 2023-12-18 | by ( Rebecca Torrence | Blake Dodge | ) www.businessinsider.com time to read: +1 min

AetionAetion's website. AetionPicked by: Lynne Chou O'Keefe, the founder and managing partner of Define VenturesWhat the company does: Aetion provides pharmaceutical companies, payers, and regulators with real-world evidence they can use to inform decisions. Aetion provides the real-world evidence that insurers, pharmaceutical companies, and regulatory agencies need to evaluate the value of drugs and inform those conversations, she said. "The cost of specialty drugs, what's happening in the Inflation Reduction Act — all are bellwethers that we need a more value-based-oriented system around therapeutics going forward," she said. — Shelby Livingston

Persons: Aetion, Lynne Chou O'Keefe, O'Keefe, — Shelby Livingston

☆ With an Artist’s Help, Paddington Can Go Anywhere
▼ + stars: | 2023-11-29 | by ( Scott Cacciola | More About Scott Cacciola | ) www.nytimes.com time to read: +1 min

Mr. Chou pulled off the freeway and found a cinema, which happened to be showing “Paddington 2.” The woman at the concessions stand told him that he would love it. Mr. Chou had no idea that Paddington’s escapades would affect him so profoundly. Throughout the film, Paddington remains his bighearted, accident-prone self even as those around him change — and change for the better, often because of their interactions with him. “But he just keeps doing his thing,” Mr. Chou said. I just felt so happy at the end.”A few years later, with free time during the pandemic, Mr. Chou was a regular visitor to Reddit.

Persons: I’ll, ”, Chou, Mr, Kong ” Organizations: Paddington Locations: Southern California

☆ Taiwanese pop star Jay Chou crosses into the art world
▼ + stars: | 2023-11-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTaiwanese pop star Jay Chou crosses into the art worldTaiwanese pop star Jay Chou speaks on his love of art and why he's sharing his spotlight with emerging talent in the art world.

Persons: Jay Chou

☆ Selling your home without a real-estate agent comes with a lot of grunt work, but could save you thousands. Here's how one owner did it.
▼ + stars: | 2023-11-12 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

Derrick Chou self-listed his New York City home in order to skirt real-estate agent commissions. He said he saved about $40,000, but had to deal with the "grunt work" agents usually handle. He also found himself besieged by relentless real-estate agents. It sold within the year to a buyer who also did not use a broker — a rarity in New York's competitive and inventory-starved real-estate market. Five years later, with two kids, Chou said he would work with an agent if he were to sell again.

Persons: Derrick Chou, —, brokerages, Chou, it's Organizations: New, New York City, Service Locations: New York, York City, New York City

☆ I Need Enough Money to Say ‘No’ to Jobs. How Do I Get That?
▼ + stars: | 2023-10-28 | by ( Jessica Chou | ) www.wsj.com time to read: 1 min

An emergency fund is for dipping into when you don’t have a choice, while a walk-away fund is for when you want to make a choice. Illustration: Alice MollonWhen I graduated from college in 2011 into a slow job market, I was happy to take any job. But two years later, I found myself stuck in a role without a career trajectory or opportunities for growth, and I realized I had to walk away. I got some other gigs lined up, asked for a small raise, and when they said no, I also said no, getting out of that dead-end job. Ever since then, the power of saying no to jobs—of having options—has stayed with me.

Persons: Alice Mollon

TAIPEI, Taiwan (AP) — Taiwan authorities fined a golf ball manufacturer 2.4 million New Taiwan dollars ($75,000) on Monday and warned of criminal charges for storing 30 times the legal limit of hazardous material and other violations after a major factory fire killed nine people and left one other missing. Launch Technologies is one of the world's major golf ball makers, producing 20% of the global supply last year. Since 2018, the company has been fined 200,000 New Taiwan dollars ($6,200) for safety and health violations and another 300,000 New Taiwan dollars ($9,300) over labor conditions, according to Taiwan's Occupational Safety and Health Administration. The company was also fined 300,000 New Taiwan dollars ($9,300) for air pollution violations in 2020, according to its 2021 annual report. Company general manager Lu Ying-cheng said at a news conference on Sunday that Launch Technologies has made improvements to the work environment in recent years.

Persons: Chou Chun, Chou, Lu Ying, cheng, ” Lu, Wanqing Chen Organizations: Taiwan, Technologies, Taiwan's Central News Agency, . Company, Launch Technologies, Safety, Health Administration, Company, Taiwan Stock Exchange, Associated Press Locations: TAIPEI, Taiwan, Pingtung, Beijing

RICHMOND, Va. (AP) — A Democratic Virginia legislative candidate whose race was rattled by the revelation that she and her husband livestreamed themselves having sex moved forward with her campaign Tuesday and drew some early support in the high-stakes contest. But state Sen. L. Louise Lucas, a leading Democratic lawmaker in Virginia, quickly came to her defense, calling on voters to “make this the biggest fundraising day of (Gibson's) campaign.” Many women voters retweeted Lucas with a link to donate to Gibson's campaign. Linton said she plans to donate another $100 to Gibson's campaign even though she can't vote for her because she lives outside her district. Mark Rozell, dean of George Mason University’s Schar School of Policy and Government, said the sex videos are a huge distraction from Gibson's campaign. But Monica Hutchinson, a legislative coordinator for a youth justice organization, said she supported Gibson before the videos surfaced and she will continue to support her.

Persons: livestreamed, Susanna Gibson, Gibson, Roe, Wade, — Gibson, Sen, Louise Lucas, retweeted Lucas, ”, Amanda Linton, Linton, “ It's, Lucas, “, Glenn Youngkin —, “ Susanna, she’s, Susanna, Lauren Chou, Stephen Farnsworth, University of Mary Washington, it’s, “ Donald Trump, Farnsworth, Mark Rozell, George Mason University’s, Monica Hutchinson, Hutchinson, ” Gibson, ” ___ Barakat Organizations: —, Democratic, Republican, General Assembly, U.S, Washington Post, The Associated Press, Republican Gov, GOP, University of Mary, George Mason University’s Schar, of Policy, Government Locations: RICHMOND, Va, Democratic Virginia, Richmond, U.S ., Virginia, “, Falls Church , Virginia

☆ What happened to Something Navy: How Arielle Charnas' clothing brand went from internet sensation to defunct site in 3 years
▼ + stars: | 2023-07-27 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

Something Navy is an apparel brand that was created by fashion influencer Arielle Charnas in 2020. Now, the company has endured losses in sales and more than half its employees and CEO have left. The apparel brand launched by fashion influencer Arielle Charnas in 2020 has faced faltering sales, hordes of employees have left the company, and the brand has fallen behind on payments to suppliers. Currently, no merchandise is being sold through Something Navy's website, where a note says: "The Something Navy site is getting a little refresh. Something Navy, which is a private company, was valued at $100 million a year after the brand launched, the company told Insider in 2021.

Persons: Matt Scanlan, Silas Capital, Silas Chou, Jenny Fleiss, Charnas, Brandon Charnas Organizations: Navy, Service, Something, Kind Venture, Silas, US Securities and Exchange Commission, SEC, Staples, Something Navy Locations: Wall, Silicon, Hong Kong

☆ Shutterstock shares pop as company expands partnership with OpenAI
▼ + stars: | 2023-07-11 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Shutterstock chief technology officer James Chou (C) rings the opening bell at the New York Stock Exchange on February 14, 2014 in New York City. Shares of Shutterstock popped 10% Tuesday after the company announced an expanded, six-year partnership with ChatGPT-maker OpenAI. Shutterstock will continue to leverage OpenAI's text-to-image generation and allow customers to use "synthetic editing capabilities" to alter any image in the Shutterstock library. Shutterstock began its strategic partnership with OpenAI in 2021. In October 2022, the company announced it would begin to bring OpenAI's image generation capabilities to its customers.

Persons: James Chou, Shutterstock Organizations: New York Stock Exchange, ChatGPT, Meta, OpenAI Locations: New York City

☆ Healthcare VCs are focusing their bets on a handful of top startups, forcing the rest to scramble to stay afloat
▼ + stars: | 2023-07-10 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +6 min

In the first half of 2023, healthcare investors have written big checks for their top startup picks. 2023 is on track to be the lowest year of healthcare funding since 2019, Rock Health says. Digital-health startups in the US raised $6.1 billion in the first half of 2023, Rock Health's H1 2023 funding report published on Monday found. Right now, 2023 is on track to be the lowest healthcare funding year since 2019, according to Rock Health. Krasniansky said Rock Health expects many of the impending shutdowns to impact healthcare startups that sell products and services to patients online and on-demand, especially direct-to-consumer companies like telemedicine or mail-order-pharmacy startups.

Persons: It's, haven't, Healthcare's, healthcare's, Adriana Krasniansky, Krasniansky, Ian Chiang, he's, Lynne Chou O'Keefe, it's, Corey McCann, Chou O'Keefe, — Organizations: Rock Health, megadeals, Monogram Health, Frist Cressey Ventures, Flare Capital Partners, Define Ventures, Pear, Madison, Pear Therapeutics

☆ Something Navy's CEO is out as Arielle Charnas' company stops producing clothing, closes stores, and explores a sale
▼ + stars: | 2023-06-29 | by ( Katie Warren | ) www.businessinsider.com time to read: +13 min

Its CEO is leaving the company, most employees have either quit or been laid off, and production of new clothing is on hold, several people told Insider. Several people told Insider last year that Charnas was furious with Scanlan for keeping her in the dark about the company's struggles. Arielle Charnas recently said on Instagram that "a lot of changes had to be made" at Something Navy. (The company's founder told Insider that Package Free finally paid them this week after dodging them for a year.) Scanlan's spokesperson told Insider that a sale of Something Navy was on the horizon.

Persons: Charnas, Matt Scanlan, Scanlan, Bradstreet, Arielle Charnas, Monica Schipper, who's, Matt, he's, Darian DiCianno, Charnas hasn't, they'd, Brandon, he'd, Eugene Gologursky, Silas Chou, Jenny Fleiss, Ivory Ella, They're, Betty Wang, cofounding Naadam, Blue, Thakoon's, Laura Cook, Michael Yeager, Elisa Giorgi, Bailey Miller, Scanlan's Organizations: Navy, Associates, Something Navy, company's, Saks Fifth, Hamptons, Naadam, Los, Nordstrom, United, Blue, & $ Locations: Jersey, Charnas, India, Hong Kong, Los Angeles, New, Newport Beach , California, Its New Jersey, stiffing

☆ Returning to the Office Is Killing My Budget
▼ + stars: | 2023-05-20 | by ( Jessica Chou | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/return-to-office-not-saving-as-much-money-eab9fbf3

☆ Employees say returning to the office is breaking the bank. Here's what's costing them so much
▼ + stars: | 2023-05-20 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Remote work is dwindling and in-person work is getting costly, employees say. Things like new office clothes, lunch, and commuting, are all adding up. Frustrated workers are sounding off that cost of office clothes, daily lunches, commuting, and more are all adding up as they start going into the office multiple times per week. On Tuesday, Elon Musk described remote work as "morally wrong," and other industry execs are also moving away from policies that would allow employees to work from home. Sometimes it's just a pot of lentil soup, but it works," Chou wrote.

☆ Bitcoin outlook: Crypto may be in a bull market now, but investors should still tread carefully
▼ + stars: | 2023-04-02 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +8 min

The case for a new crypto bull market has been slowly growing since the beginning of the year and gained more strength still in March. For Orsini, the new bull market in crypto began on Jan. 13, when bitcoin broke through its 200-day moving average. "But an enduring secular bull market will have clarity and regulation underpinning it." "When that framework gets introduced you're going to be closer to the beginning of a secular bull market." Less liquidity, bigger swings Bull market or not, investors agree it'll be no straight line up over the next few months.

☆ Here's how a serial founder and former US diplomat raised $25 million to create a crypto superapp — and why it's gotten backing from investors like JetBlue and the Winklevoss twins
▼ + stars: | 2023-03-07 | by ( April Joyner | ) www.businessinsider.com time to read: +4 min

Kresus, which is building a crypto superapp, has raised $25 million led by Liberty City Ventures. Traina's company, Kresus, has raised $25 million in Series A funding led by Liberty City Ventures, the company's first round of financing, to bring that vision of a crypto superapp to fruition. JetBlue Ventures, Craft Ventures, Franklin Templeton, Salesforce CEO Marc Benioff, and Gemini cofounders Tyler and Cameron Winklevoss also participated in the round. That track record helped win over Liberty City Ventures, whose portfolio includes the Web3 companies Animoca Brands, BlockApps, BitGo, and The Sandbox. James Lang, a managing director at Liberty City, told Insider that the quality of Kresus' team stood out among similar companies he'd reviewed.

☆ First Taiwan presidential contender to visit U.S. next month
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, March 6 (Reuters) - The head of a small Taiwanese political party will next month become the first contender for 2024's presidential election to visit the United States, to brief officials on his policies should he win office, though that may be a long shot. Taiwanese presidential candidates traditionally go to the United States before elections given Washington's oversized role in backing Taiwan internationally and ensuring its security in the face of China's military threats to the island Beijing views as "sacred" Chinese territory. Ko is a long shot contender for the presidency given the party's recent founding and minimal representation in parliament, with only five out of 113 lawmakers. Neither the DPP nor KMT have announced their presidential candidates yet, though the DPP is widely expected to select Vice President William Lai, who is also party chairman. The presidential and parliamentary elections take place next January.

☆ How to invest in the ChatGPT-driven AI boom: Credit Suisse shares 6 stocks they're labeling as "top picks" as their exposure to AI development opens them up to new revenue streams
▼ + stars: | 2023-03-05 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Badri's price 12-month price target for shares of Microsoft is $285. The analysts said that growing AI use cases will help Taiwan Semiconductor Manufacturing Company and their high performance computing business, which has already doubled since 2016. Credit Suisse's 12-month price target for the stock is $330, which is upside of 16%. Chou has a price target of NT$1,100 for the stock, meaning 13.5% upside. Both Taiwan Semiconductor Manufacturing Company and Baidu are traded on US exchanges, while Accton and Wiwynn are traded in Taiwan.

There is perhaps no Zoom meeting less satisfying than one scheduled on a cold weekday morning to talk about food — specifically, the food that one ought to eat in Paris. And so was the Paris culinary scene, driven by that thrilling hunt for places both new and old, French and not, an obsession among natives and tourists alike. As with a similar list we made for New York — and as part of our ongoing T 25 series, which has surfaced significant and memorable travel destinations, buildings, interiors, art, fashion and books — we wanted to name the essential Parisian dishes to eat right now. The final list, which appears in unranked alphabetical order below and covers most arrondissements, isn’t what we expected, nor is it like the myriad Parisian food rankings we’ve all encountered before. Above all, it speaks to the fact that great food — particularly in Paris, particularly right now — looks forward and backward at once: That’s what makes eating there (and debating where to eat there) so deliciously freewheeling.

Persons: I’d, Dominique Ansel, Dorie Greenspan, Moko Hirayama, Omar Koreitem, Aude, Mercerie, Daniel Rose, Jessica Yang, Pierre Hermé, chou, — Kurt Soller Organizations: New York Locations: Paris, New, 11th, Marie, America, France, Italy, Africa, Asia, Philippines

☆ The economy, funding, and 3 other small-business challenges entrepreneurs will face in 2023, according to founders
▼ + stars: | 2023-01-25 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

Marketing and customer acquisitionBeatrice Dixon, a cofounder and the CEO of the Honey Pot Company. Beatrice DixonBeatrice Dixon, a cofounder and the CEO of the feminine-care brand Honey Pot Company"Continued market saturation. I think there will be dilutive market saturation, and the challenge then becomes the ability to actively communicate your 'why' through undeveloped tactics or channels." After IOS14 privacy updates, social ads do not work like they used to, so founders need to get creative in how they are acquiring new customers." Consumers can also agree that we don't need more content, ideas, or strategies.

☆ Analysis: Tencent bets big on WeChat Channels in push to build its own TikTok
▼ + stars: | 2023-01-13 | by ( Josh Ye | ) www.reuters.com time to read: +6 min

"Tencent hopes it can turn Channels into the next WeChat Pay. Two sources familiar with Tencent said the importance of Channels has been repeatedly communicated within the company. In November, Tencent President Martin Lau said Channels' advertising revenue was on track to reach 1 billion yuan in the fourth quarter of 2022. "For example, in Douyin or Kuaishou, you won't be able to ask your viewers to add you on WeChat. But on Channels, you can quickly add somebody on WeChat," Yang said.

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