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☆ Would you pay hundreds of dollars for an app your doctor prescribed? Buzzy digital therapeutics could make you healthier — but your insurer probably won't cover them.
▼ + stars: | 2023-09-01 | by ( Natalie Rahhal | ) www.businessinsider.com time to read: +8 min

Apps such as Somryst — known as prescription digital therapeutics — aim to raise the bar for personal healthcare delivered via smartphone. Digital therapeutics show promise for treating IBS and insomniaFunding for digital therapeutics surged by 133% between 2020 and 2021, and the sector's global value is estimated to grow from roughly $7 billion to about $28 billion from now to 2030, Fortune Business Insights reported. In fact, many insurance companies want years of data on real-world use before covering digital therapeutics, Insider previously reported. While there are free nonprescription DTxs available from sources such as the Department of Veterans Affairs, those aren't cleared by the FDA, and privately made prescription digital therapeutics often cost hundreds of dollars. "Digital therapeutics are meant to increase access to care.

Persons: Charlotte Jee, Jee, Corey McCann, John Torous, Beth Israel, they're, Torous, They're, AspyreRx, Mark Berman, hadn't Organizations: Healthcare, Morning, MIT Technology, National Health Service, Food and Drug Administration, Pear Therapeutics, Harvard Medical, Beth Israel Deaconess Medical, Fortune Business, FDA, Better Therapeutics, Disease Control, Department of Health, Human Services, of Health, Department of Veterans Affairs, Aetna

☆ Here's who's leading Morgan Stanley's cloud initiatives after the bank's lead departs for Microsoft
▼ + stars: | 2023-08-31 | by ( Bianca Chan | ) www.businessinsider.com time to read: +3 min

Allison Gorman Nachtigal was previously the head of Morgan Stanley's cloud program. Allison Gorman Nachtigal, the former head of Morgan Stanley's cloud program, has departed the bank for the tech giant, Insider has learned. Microsoft's cloud computing program Azure is Morgan Stanley's primary cloud partner. As Morgan Stanley's new head of cloud engineering, Nam handles the plumbing behind Morgan Stanley's cloud efforts. Meanwhile, Brosnan, head of technology architecture and modernization, absorbed Morgan Stanley's cloud architecture and business enablement responsibilities.

Persons: Allison Gorman Nachtigal, Morgan, Yunchi Nam, Trevor Brosnan, Morgan Stanley, Gorman Nachtigal, Morgan Stanley's, Nam, Brosnan, Michael Poser Organizations: Microsoft

☆ Bill Gates: This is the major contributor to climate change that people are 'probably least aware of’—It's 'a challenge’
▼ + stars: | 2023-08-29 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

Bill Gates has spent years, and billions of dollars, working to combat climate change. But, according to Gates, most people are still unaware of the role played by one of the biggest contributors to climate change: agriculture, specifically methane emissions from livestock and fertilizers. While plant-based foods have won support from those looking for alternatives to products made from animals, Gates said that he started backing plant-based food ventures because of their potential to combat climate change. In his 2021 book, "How to Avoid a Climate Disaster," Gates wrote that effectively combating climate change will take people being willing to commit to new ideas, like switching to electric cars and synthetic meats. Speaking to Thompson about the plant-based meat startups, like Impossible, Gates said that "they're doing well, but a lot of people want him to make [the product] even slightly better."

Persons: Bill Gates, Gates, Ahmir, Thompson, Barack Obama, Warren Buffett Organizations: U.S . Environmental Protection Agency, MIT Technology Locations: Gates, Philadelphia, U.S

☆ Shopify's ecosystem is about to face a major test: Large partners like Klaviyo are eying an IPO, while smaller startups may struggle to compete
▼ + stars: | 2023-08-14 | by ( Madeline Stone | ) www.businessinsider.com time to read: +7 min

As Shopify's app ecosystem matures, it's becoming a make-or-break moment for some developers and partners. If they succeed in the public markets, it's a positive sign for the Shopify ecosystem. Upcoming IPOs will be a testSome Shopify ecosystem companies are eying the public markets, even in a year when IPO activity has been slow. That will make it even more important for Shopify's app partners to ensure their solution is differentiated from competitors. "This shared focus is why we're committed to ensuring a healthy Shopify ecosystem that fosters innovation, scale, and speed."

Persons: Shopify, it's, it'll, Amit Jhawar, Ben Parr, Parr, lockdowns, Sid Murlidhar, we're, Chris Wattie, Jhawar, Glen Coates, It'll, Chris Grouchy, Convictional, Roger Kirkness, Rick Watson Organizations: Shopify, Reuters, Shopify Ventures, Global, RMW Commerce Consulting Locations: Klaviyo, Ottawa , Ontario, Canada, Shopify

☆ CEO of eBay lays out his master plan to fend off new rivals like TikTok and Shein with AI and live-shopping features
▼ + stars: | 2023-07-29 | by ( Madeline Stone | ) www.businessinsider.com time to read: +5 min

Jamie Iannone, eBay's CEO, spoke with Insider about the next phase in the e-commerce giant's evolution. Iannone said eBay's size would empower it against emerging competitors such as TikTok and Shein. But the number of new eBay buyers grew for the second straight quarter, Iannone said. The next version of that product is set to use image recognition, allowing eBay's sellers to create a product listing based on a photo. When asked about new competitors such as TikTok, Shein, and Temu, Iannone said eBay was "focused on our strategy and how we win."

Persons: Jamie Iannone, Iannone, what's, we've Organizations: eBay, Walmart, Reuters, Brand Locations: China

☆ Ocado hits five-month high after return to profit, keeping guidance
▼ + stars: | 2023-07-18 | by ( ) www.cnbc.com time to read: +2 min

Ocado shares surged on Tuesday after the British online supermarket and technology group kept its financial guidance for the year as it reported a return to underlying profit in its first half. Shares surged 15.3% to their highest since February, beating the four-month peak set in June after a report of possible takeover interest from Amazon boosted the company's stock. Its Technology Solutions revenue jumped 59%. Ocado said there was no change to the financial guidance given at its full-year results in February. Ocado shares surged 32% on June 22 after The Times newspaper reported speculation of possible bid interest in the online supermarket from more than one U.S. suitor including tech heavyweight Amazon.

Persons: Chris Beauchamp, Ocado, I've, Tim Steiner Organizations: Technology Solutions, IG Group, Tech Solutions, Ocado, Marks, Logistics, Kroger, Casino, Jefferies, U.S, The Times Locations: United States, Japan, France, U.S

☆ Nasdaq just announced a $10.5 billion deal to scoop up a behind-the-scenes tech provider for Wall Street
▼ + stars: | 2023-06-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +3 min

Nasdaq announced plans to acquire Adenza from PE firm Thoma Bravo. Nasdaq has looked to add new tech solutions to its business under CEO Adena Friedman. The exchange operator announced plans to acquire behind-the-scenes tech provider Adenza in a cash-and-stock deal valued at $10.5 billion. Adenza, owned by private equity firm Thoma Bravo, provides risk management and regulatory tech for banks and brokerages. In the wake of the deal, Nasdaq's solutions business will account for 77% of the company's total revenue.

Persons: Thoma, Adena Friedman, Holden Spaht, Friedman, Freidman, Goldman Sachs, Piper Sandler Organizations: Nasdaq, Thoma Bravo, Wall, JPMorgan, Qatalyst Partners, Barclays, Citi, Evercore, HSBC, Jefferies

☆ Fintechs need to focus on the future to develop tomorrow's solutions today
▼ + stars: | 2023-06-12 | by ( Sponsor Post | Created Unlimit With Insider Studios | ) www.businessinsider.com time to read: +6 min

The future is DeFiDecentralized finance (DeFi) has gained significant traction in recent years, offering a new paradigm for financial services that are open, transparent, and community-driven. DeFi adoption will significantly enhance the concept of "embedded finance," and we will see more integration of financial services with traditionally non-financial services or products. Foresee market structure trends and shape them proactivelyWhile fintech's growth in developed markets is undeniable, even more significant potential for growth lies in developing economies. This will empower customers to make payments swiftly and conveniently, ultimately driving higher adoption and usage of fintech solutions. With the fintech industry projected to reach $492.81 billion by 2028, the time to start looking into tomorrow is now.

Persons: Irene Skrynova, Statista Organizations: Intelligence, Central Bank, Allied Market Research, Finance, World Bank, Insider Studios Locations: China, India, Eastern Europe, Africa

☆ ISS urges Pitney Bowes shareholders to back 4 dissident directors in proxy fight
▼ + stars: | 2023-04-26 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

"Substantial board change is still necessary," ISS wrote in its report to investors which was seen by Reuters. Still, it is not enough, ISS wrote, adding Pitney Bowes has a "history of failing to deliver on important self-established expectations." "We strongly disagree with the recommendation of ISS that shareholders vote for such an extreme and destabilizing level of change at Pitney Bowes," company spokesman Bill Hughes said. Pitney Bowes is valued at $624 million, down from its peak of $2 billion when CEO Marc Lautenbach joined in 2012. "Shareholders have endured a decade of underperformance and disappointment, there are unanswered questions and serious concerns about the path forward," ISS wrote.

☆ Brands with durability perform in times of good and bad, says Kayne Anderson Rudnick's Julie Biel
▼ + stars: | 2023-04-10 | 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 EmailBrands with durability perform in times of good and bad, says Kayne Anderson Rudnick's Julie BielJulie Biel, portfolio manager at Kayne Anderson Rudnick, joins 'The Exchange' to discuss earnings variability in energy markets, investment opportunities in financial tech solutions, and health care applications for AI.

☆ Here's why recent moves by the SEC and CFTC may be just the start of crypto's regulatory troubles
▼ + stars: | 2023-03-29 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +6 min

Both the SEC and the CFTC have taken action against the crypto industry in the last few weeks. He added: "At the end of the day industry participants are searching for regulatory clarity, which has not yet been achieved." "Compliance and regulatory efforts are expensive, but necessary, the personnel will be almost as important as tech people," Yang told Insider. Markets could face more volatility following a crackdown because crypto prices are often sensitive to regulatory news. This, however, would require a widespread effort and coordination between financial regulators, industry participants, and legislators.

Atlanta/Hong Kong CNN —The United States on Thursday added two subsidiaries of Chinese genetics company BGI to a trade blacklist over allegations it conducted genetic analysis and surveillance activities for Beijing, which Washington says was used to repress ethnic minorities in China. CNN has reached out to BGI Group, which is one of the world’s largest genomics companies and a listed firm based in Shenzhen, for comment on its subsidiaries. China has regularly pushed back against these reports with firm denials. The latest list compiled by the US Department of Commerce includes a total of 28 Chinese entities, four from Pakistan, three from Myanmar and one each from Belarus, Russia and Taiwan. Being placed on the list means the entities are restricted from buying American technology and other goods.

REUTERS/Eric ThayerMarch 2 (Reuters) - The Biden administration on Thursday added 37 companies to a trade blacklist, including units of Chinese genetics company BGI (300676.SZ) and Chinese cloud computing firm Inspur, in a move that promises to further ratchet up tensions with Beijing. The Commerce Department, which oversees export controls, added BGI Research and BGI Tech Solutions (Hongkong), over allegations that the units pose a "significant risk" to contributing to Chinese government surveillance. The Commerce Department accused Inspur of acquiring and attempting to acquire U.S. goods to support China's military modernization efforts. Commerce added 26 other Chinese entities to the list - which makes it hard for targeted companies to receive shipments of U.S. goods from suppliers. In 2020, the Commerce Department added two units of BGI Group, the world’s largest genomics company, to its economic blacklist over allegations it conducted genetic analyses used to further the repression of China’s minority Uyghurs.

☆ China has to figure out how to care for 400 million people over the age of 60 by 2040 — and it's off to a rocky start
▼ + stars: | 2023-02-20 | by ( Matthew Loh | ) www.businessinsider.com time to read: +11 min

By 2040, it's expected to have 400 million people above the age of 60 — more people than in the entire US. "It's obvious that relying on contributions from medical insurance schemes to fund age care services is not likely to be viable in the longer term," she said. Alzheimer's is quickly rising as a concern in China, Luk said. "Is China aging rapidly? Beijing has been pressuring the private sector into building daycare centers, wards, and other age care infrastructure to shore up gaps in local government finances, Gu said.

☆ Going Into 2023, CIOs Weigh Tech Priorities Against Economic Realities
▼ + stars: | 2022-12-23 | by ( Angus Loten | ) www.wsj.com time to read: +6 min

Bonnie Titone, chief information officer at Duke Energy Corp., a Charlotte, N.C.-based power producer, said CIOs are being told to get by with less, but without decreasing output or positive outcomes. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. One resource to keep top of mind is talent, said Brad Peterson, Nasdaq Inc.’s chief technology and chief information officer, adding that economic slowdowns can provide opportunities to reassess talent development and succession planning. Diogo Rau, chief information and digital officer at Eli Lilly Photo: Eli Lilly & Co. “My perceptions of the economy haven’t changed the way I plan to approach my role,” said Diogo Rau, chief information and digital officer at Eli Lilly & Co.

☆ Creator economy insiders share the 5 trends that could change the industry in 2023, from a flood of Gen X and millennial creators to a startup reckoning
▼ + stars: | 2022-12-21 | by ( Amanda Perelli | Sydney Bradley | Marta Biino | ) www.businessinsider.com time to read: +10 min

Insider asked creator economy industry professionals to share their predictions for 2023. We spoke with investors, influencer marketers, and industry experts, who shared their best predictions for the creator economy in 2023. Live shopping could finally have its moment in the USIndustry insiders may have been premature in declaring 2022 the year of social and live shopping. Some creator economy startups might close their doorsThis past year, layoffs have been rampant in the creator economy, as companies like Patreon and Jellysmack reacted to the economic slowdown by letting employees go. "Venture capitalists think this isn't the time to be betting on the creator economy, so the next nine months will be really tough."

☆ Exclusive: Hestia seeks to take control of Pitney Bowes board, oust CEO
▼ + stars: | 2022-12-12 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +3 min

Hestia, which scored big gains on a bet on GameStop (GME.N), plans to nominate more than five candidates for election to the nine-person board of Pitney Bowes early next year. Marc Lautenbach has been CEO of Pitney Bowes for a decade and Michael Roth, the chair, has served on the board since 1995. A representative for Pitney Bowes was not immediately available for comment. read moreWolf suggested that the Pitney Bowes board consider selling the company's Global Ecommerce segment if its results did not improve, Reuters reported. Hestia believes Pitney Bowes should focus on cash-generating segments such as Presort Services, its mail aggregation business, and SendTech Solutions, its postal-meter business.

☆ Hestia Capital could be preparing to shake up the board at Pitney Bowes
▼ + stars: | 2022-12-10 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

As a result, Hestia often invests in companies that might be misunderstood or not favored by the market, like GameStop, Best Buy and Pitney Bowes. Pitney Bowes' SendTech solutions business is the core enterprise that the company is generally known for: postage meters. The SendTech Solutions segment accounts for 38% of Pitney Bowes' revenue and generated $429 million in earnings before interest and taxes in 2021. Global Ecommerce comprises 46% of Pitney Bowes' revenue but lost $99 million of EBIT in 2021. Hestia will likely need more than just one board seat to drive change at Pitney Bowes.

☆ EXCLUSIVE Hedge fund Hestia wants Pitney Bowes to review capital spend, e-commerce segment
▼ + stars: | 2022-11-21 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +3 min

It is not clear whether Hestia, run by Kurt Wolf, plans to nominate director candidates for election to the company's nine-member board. A Pitney Bowes spokesperson was not immediately available for comment. Pitney Bowes, which is headquartered in Stamford, Connecticut, is valued at $628 million. Wolf believes Pitney Bowes should focus on cash-generating segments like Presort Services, its mail aggregation business, and SendTech Solutions, its postage meter business. Securities filings show that Permit Capital, LLC and Miller Value Partners LP, which were also investors in GameStop alongside Hestia, are also invested in Pitney Bowes.

☆ Rate of babies born preterm in US climbs to 10.5%, March of Dimes report says
▼ + stars: | 2022-11-15 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +8 min

The US preterm birth rate peaked in 2006 at 12.8%, according to data from the National Center for Health Statistics. States with the highest and lowest ratesThe new March of Dimes report also highlighted state-by-state differences in the rate of babies born prematurely across the country. The report grades a preterm birth rate less than or equal to 7.7% as an A and a preterm birth rate greater than or equal to 11.5% as an F.The national preterm birth rate of 10.5% is graded as a D+. No state has achieved an A rate, and only one has a state-level preterm birth rate that would be graded as an A-: Vermont, which has the lowest preterm birth rate in the US at 8%. Henderson also said that preterm birth is one of the top causes of infant deaths and disproportionately affects babies born to women of color.

☆ The private sector is in a position to make a sustainable future possible. IBM has the resources to help.
▼ + stars: | 2022-11-11 | by ( Sponsor Post | Created Ibm With Insider Studios | ) www.businessinsider.com time to read: +4 min

As a tech company dedicated to using innovative technologies to address environmental challenges, IBM is working to provide this support to local and regional organizations across the globe. The model that IBM is developing helps invest in equitable and long-term solutions to environmental injustice. IBM has consistently tackled the most pressing challenges of the day by building technologies to help operationalize sustainability — including solutions designed to support developing economies transitioning to a clean energy future. That's why IBM is now working to give these local and regional organizations support from engineers, technology, and climate experts to help scale these projects and reach their environmental goals. This is a model that all companies — and particularly those that have tech solutions and vast resources — should consider employing.

☆ Telehealth is soaring. Here's how telecommunications companies are racing to help patients through 5G technology.
▼ + stars: | 2022-11-11 | by ( Nicholas Fearn | ) www.businessinsider.com time to read: +7 min

During the difficult months of lockdown, many healthcare professionals conducted nonemergency appointments remotely to protect their patients and prevent COVID from spreading even further. Sanjiv Gossain, the group vice president and head of EMEA at Verizon Business, said that 5G technology will help the healthcare industry solve some of its biggest challenges. 5G use is increasing in health servicesMore companies are joining the effort to make healthcare more accessible through 5G technology. Joe Drygas, the vice president of healthcare solutions at AT&T, said that 5G will allow even more people to access healthcare globally. While cost and infrastructural challenges remain, 5G technology has already begun to transform healthtech and patient care.

☆ China pledges high-tech support for climate, environmental problems
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +2 min

SHANGHAI, Nov 2 (Reuters) - China will seek high-tech solutions to resolve its complex environmental challenges and make use of innovations in big data, biotech and artificial intelligence to tackle pollution, habitat loss and climate change, it said on Wednesday. The system will be backed by tax incentives and new "green technology banks", and China will also encourage enterprises and financial institutions to provide more support to innovative green technologies, the plan said. China has cut CO2 emissions per unit of economic growth by a third in the last decade, but overall volumes continue to rise. It promised more research to support large-scale demonstration projects and the use of aquifers and oil-bearing formations to contain sequestered CO2. The government will also support research into "deep decarbonisation technologies" in a variety of industrial sectors, including steel, cement, thermal power and agriculture, it said.

☆ How the mounting popularity of Formula 1 relies on continuous innovation in the live broadcast experience
▼ + stars: | 2022-10-26 | by ( Sponsor Post | Created Insider Studios With Tata Communications | ) www.businessinsider.com time to read: +8 min

The delivery and quality of the live broadcast experience are now more vital than ever. Broadcast connectivity partner Tata Communications leveraged its substantial expertise to rise to the challenge. "The brilliance of the F1 broadcast is that the viewer never has to think about the technology. Aside from F1, Tata Communications also partners with numerous other sports and entertainment franchises. Tata Communications' new broadcast model has delivered around a 34% reduction in the organization's travelling freight, which has lessened the environmental impact.

☆ Working remotely opens up a world of possibilities. For three UK professionals, it has been life-changing.
▼ + stars: | 2022-10-25 | by ( Sponsor Post | Created Insider Studios With Hp | ) www.businessinsider.com time to read: +9 min

HP technology powers key products that make hybrid work more productive and collaborative. Here are some UK professionals who are harnessing the benefits of technology to make their work-from-anywhere dream a reality. De La Salle likened Vitoria to a smaller, more manageable Rio de Janeiro. The next step for De La Salle and his team is to trial a four-day working week beginning in January — backed by Oxford and Cambridge Universities. Sensing trouble brewing in the months leading up to the pandemic, Okoroafor started working remotely.

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