Friday, August 19

Author: Linda Ashok

As the Founding Editor of StartuptoEnterprise.com, Linda is interested in emerging tech startups operating in the intersection of innovation, profitability, and social impact. Her primary focus is Europe & China followed by the US & India.
UNSW Team Invents Smart Fabric for Biological Muscle
Technology

UNSW Team Invents Smart Fabric for Biological Muscle

Australian biomedical engineers at UNSW have developed a smart fabric for artificial muscle, hoping to revolutionize the future of soft robotics and wearable exoskeletons. This endeavor is a great move in the efforts to advance assistive technology. Researchers showed Reuters how the fabric could change shape by making models of a butterfly and a flower that could move in complicated ways. This smart fabric can mimic biological muscles in responding to complex environmental stimuli. Thanh Nho Do, director of the Medical Robotics Lab at the University of New South Wales and the team's leader, has grander ambitions and thinks he and his team could use the material to create a smart human suit like the Iron Man suit or Spider-Man suit, which would be highly adjustable to the bodies ...
At 84, Indian Industrialist Ratan Tata Funds Goodfellows
Business, India

At 84, Indian Industrialist Ratan Tata Funds Goodfellows

84-year-old Indian Industrialist Ratan Tata, who oversaw the operation of the $128B Tata Group for decades, has invested in a company that pairs retirees with recent college grads for lasting partnerships. To further its mission of fostering "inter-generational friendships," Ratan Tata funds Goodfellows announced on Tuesday that it had received a seed investment from Mr. Tata, the prominent chairman emeritus of Tata Sons Ltd., which controls over 150 companies, including some of India's most valued, including software outsourcer Tata Consultancy Service Ltd. and the country's largest steelmaker Tata Steel Ltd. Shantanu Naidu, 30, who also serves as general manager of Ratan Tata's office and startup investment portfolio, launched the company. Mr. Naidu also lends a hand to Mr. Tat...
What is Simon Squibb Doing Differently to Elicit your Attention?
People

What is Simon Squibb Doing Differently to Elicit your Attention?

  If the world has not heard enough about entrepreneur and community evangelist Simon Squibb, there's much to discover as this story unfolds. From spending nights on the streets to founding 19 companies and 73 startup investments, Simon, who doesn't "sell courses," is a cathode enabling potent entrepreneurs to emerge from their polarizing lack of opportunities to a plentiful! Simon Squibb believes that being an entrepreneur is not too daunting when presented with the right tools and network. With an aim to help 10M people start and grow businesses of their own, Squibb has chosen a rather exciting and fulfilling journey of life! Else, it is mostly a world happening on its own and burning off, oblivious of its impact! In 2010, Nest, a brainchild of Squibb, operates corporat...
Arrest of Crypto-Laundering Suspect Brings Tornado Cash to Broil
Crypto & NFT, Europe

Arrest of Crypto-Laundering Suspect Brings Tornado Cash to Broil

Dutch authorities arrested a 29-year-old man in Amsterdam for concealing unlawful financial flows and helping crypto laundering via the cryptocurrency service Tornado Cash. The individual dubbed the service's "creator," was caught in Amsterdam on August 10. According to a Friday statement by the Dutch Fiscal Information and Investigation Service, or FIOD, officials had not ruled out the potential of multiple arrests. Tornado Cash is a cryptocurrency mixing service. The internet service enables users to conceal the origin or destination of cryptocurrency transactions, thereby enabling crypto laundering. The (criminal) provenance of cryptocurrencies is frequently not or only minimally verified by such mixing services. Most users of a mixing service do so to increase their anonymity. T...
6 Dutch Health Tech Enterprises Forging New Horizons!
Business, Europe

6 Dutch Health Tech Enterprises Forging New Horizons!

With over 1,100 Dutch health tech enterprises, the Netherlands has established itself as a rising health tech powerhouse covering startups to enterprises over three times that of neighboring Germany. The exponential growth of emerging technologies like data and machine learning, with numerous fascinating applications in the medical profession, has contributed to the health tech industry's precipitous rise. Here are 6 Dutch Health Tech enterprises that are calling the shots! Neogene Therapeutics Amsterdam, Noord-Holland, The Netherlands-based Neogene Therapeutics was founded by Carsten Linnemann, and Ton Schumacher. Neogene Therapeutics is a biotech company providing cancer patients with T-cell therapies targeting mutated proteins called neo-antigens. Neogene Therapeutics is developin...
6 Germany-based Health Tech Startups Driving Innovation
Business, Europe

6 Germany-based Health Tech Startups Driving Innovation

As indicated in the European Regional Development Fund (ERDF – or EFRE, in German) programme and cohesion strategy 2021-2027, as well as the German Lander implementation and tendering of this programme, the Healthcare/Life Sciences (HCT) industry is a focus for both the EU and Germany. Horizon Europe, a European Incentive Program for Research and Innovation approved by the EU Council and Parliament and implemented retrospectively on January 1, 2021, following its final acceptance in April 2021, focuses on health-related R&D and innovation. These 6 Germany-based Health Tech Startups are making a move! Ada Health Berlin, Berlin, Germany-based Ada Health was founded by Claire Novorol, Daniel Nathrath, and Martin Hirsch. Ada Health is a digital health company that helps users assess ...
Top 10 Chinese Public Companies in 2022
Business, China

Top 10 Chinese Public Companies in 2022

Here are the top 10 Chinese public companies that have stayed profitable in 2022. As per markets, China Petroleum & Chemical Corporation will continue to be the world's largest publicly traded Chinese firm in 2022. PetroChina Company Limited followed China State Construction Engineering Corporation Limited in second place. Statistics revealed that the cumulative income of the companies on the list in 2020 surpassed 50,500 trillion yuan, an increase of 11% year over year and an amount that exceeded fifty percent of China's gross domestic product in 2019, which was over 99 trillion yuan. The net income of these enterprises totaled 4,2 trillion yuan, an increase of over 16 percent from the prior year. The revenue requirement for inclusion on the list was 17.8 billion yuan, a nearly...
Big Bull Rakesh Jhunjhunwala Green Flags Indian Stock Markets
Business, India

Big Bull Rakesh Jhunjhunwala Green Flags Indian Stock Markets

Rakesh Jhunjhunwala remains bullish on domestic stock markets even as Dalal Street, along with global peers, faces multiple headwinds. In an interview with CNBC TV18, the ace investor Jhunjhunwala who just entered the aviation space with Akasa Air, asserts that domestic stock markets will grow regardless of global developments. Despite his continued support for Indian markets, he predicted Dalal Street's expansion would be slower than expected. The ace investor is one of the most vocal proponents when investing in India. Talking about spaces he believes could do well in the future, Rakesh Jhunjhunwala said that PSU banks are his bet as he thinks credit will rise, and the consequence will be an increase in banks' pricing power. The power of PSU banks gathering deposits is his betting...
Har Ghar Digital, Har Jeevan Digital: India Domains at Rs 75
Business, India

Har Ghar Digital, Har Jeevan Digital: India Domains at Rs 75

India is on a mission to increase access to the digital world. The Har Ghar Digital, Har Jeevan Digital campaign offers individuals to book a website domain name with registry.in. Individuals can get .in and .भारत (.bharat) for an annual fee of only Rs 75 or $1 only. This digital India campaign is a major opportunity for every working professional as India gets ready to celebrate its 75th Independence Day on August 15, 2022. Domain names on the Internet are no longer as pricey as they once were. They are more affordable than purchasing a meal. In honor of India's 75th Independence Day, domain names are available for just Rs 75 per year. This offer is made available by The National Internet Exchange of India (NIXI) as part of its statewide "Har Ghar Digital, Har Jeevan Digital" campa...
Amazon Acquires iRobot for $1.7 Billion, Saves Cleaning Woes
Business, United States

Amazon Acquires iRobot for $1.7 Billion, Saves Cleaning Woes

According to an announcement today, Amazon (NASDAQ:AMZN) has entered into a formal merger agreement under which Amazon would purchase iRobot (NASDAQ:IRBT). iRobot has a long history of developing revolutionary cleaning solutions for the home that make life easier for customers. With each new product generation, iRobot has continued to innovate to assist customers in reclaiming critical time in their day. IRobot's net debt will be included in Amazon's acquisition of the company for $61 per share in an all-cash deal valued at $1.7 B, which includes the acquisition price. Final approval by iRobot's shareholders and governmental approvals are among the usual closing criteria. Colin Angle will continue as CEO of iRobot after Amazon Acquires iRobot. If the contract is scrapped, Amazon mus...
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