United States

Amazon Acquires iRobot for $1.7 Billion, Saves Cleaning Woes

5Aug

By Linda AshokNo Comments

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...

Yale University Scientists Restores Life in Dead Pigs with OrganEx

4Aug

By Linda AshokNo Comments

Technology, United States

Yale University Scientists Restores Life in Dead Pigs with OrganEx

Scientists in the United States have utilized new technology to restore numerous basic functions in over 100 pigs that had been dead for more than an hour, thereby dismantling many notions around death. The study could lead to a discovery of a greater supply of donor organs. Three years ago, a remarkable experiment restored some brain functions to decapitated pigs at Yale University. Anesthetized animals have been revived and killed by an artificial heart attack in the most recent advancement of the research team. In a method known as OrganEx, 13 substances that enhance cellular health and reduce inflammation were pumped to restore life in dead pigs. Several organs regained their capacity to contract once the virus had been eliminated from the body, including the liver, kidneys, ...

Story of Jonaed Iqbal Helping People with No Degree Pivot in Life

1Aug

By Linda AshokNo Comments

People, United States

Story of Jonaed Iqbal Helping People with No Degree Pivot in Life

On July 30, 2022, Bloomberg did a compelling article titled, "Young US College Graduates Face Tougher Job Market Than Average." The author, Alexandre Tanzi, writes, "Since the start of 2021, the unemployment rate for those age 22 to 27 with a bachelor's degree or higher has surpassed the national average every single month, according to data released by the Federal Reserve Bank of New York on Friday. Last month, the gap stood at 0.6 percentage point." What can enterprising individuals do in this crisis hour to make the desired impact? Meet Jonaed Iqbal. Jonaed Iqbal is a product manager at NoDegree.com, an online career resource solution for people with no degree. Already intriguing? Well, hold on, let's complete the introduction and then we will go into how he is making an impact a...

Bionic Clothing Startup Cionic Resolved to Improve Mobility Issues

23Jul

By Linda AshokNo Comments

Technology, United States

Bionic Clothing Startup Cionic Resolved to Improve Mobility Issues

You have heard about bionic eyes and limbs, but today we have a bionic wrap- the Cionic Neural Sleeve by a bionic clothing startup. A first-of-its-kind healthcare product designed to reciprocate with the human body, the sleeve helps restore and improve mobility. Cionic Neural Sleeve uses artificial intelligence (AI) to understand and influence human mobility in real-time, enabling greater access and independence for those with reduced mobility, such as individuals with multiple sclerosis, stroke, and cerebral palsy. The mobility technology innovation leverages personalized algorithms to analyze an individual's gait pattern and deliver functional electrical stimulation (FES) to activate the correct muscles and support gait in real-time. Software-controlled currents utilize electrodes...

How Microsoft Viva Engage App is Ready to Beat Meta

22Jul

By Linda AshokNo Comments

Technology, United States

How Microsoft Viva Engage App is Ready to Beat Meta

During its annual Inspire event, Microsoft presented the New Viva Engage app. The IT giant developed the app to expand the Viva employee experience platform's reach. They are pitching it as an app for social networking and community building, using the Teams service's Communities feature. The new app will not replace Yammer, Microsoft has affirmed. The Yammer web experience and native Yammer mobile apps will continue to be a part of Microsoft 365 SKUs. According to a corporate blog post, the same communities, narratives, and stories are made available through Yammer and the new Viva Engage app. Yammer, Microsoft said, will be "brought to Microsoft 365 and Viva," and the company will continue to invest in it. Viva Engage App Availability Engage will be available to all existing Micros...

After Google & Bing, YOU Search Engine Enters the Big League

19Jul

By Linda AshokNo Comments

Technology, United States

After Google & Bing, YOU Search Engine Enters the Big League

Google (NASDAQ: GOOG), Bing (NASDAQ: MSFT) and every other search engine have a new member, which is YOU. Launched in 2020, the search engine startup, last week, raised $25M funding led by Radical Ventures. The funding received participation from Breyer Capital, Norwest Venture Partners, Day One Ventures, and Salesforce (NYSE: CRM) investment fund Time Ventures. To connect the dots, You.com was developed by former Salesforce chief scientist Richard Socher. SuSea Inc.'s YOU is positioned as an alternative to Google and Microsoft Corporation's Bing. Larger competitors do not offer many search features that the startup's engine does. YOU use rows to arrange the web pages that appear on a search results page. Each row represents an individual website. It's possible to look up a programm...

Global Recession in the Offing: Sundar Pichai Warns All Employees

14Jul

By Linda AshokNo Comments

Business, United States

Global Recession in the Offing: Sundar Pichai Warns All Employees

Alphabet (NASDAQ: GOOGL) CEO Sundar Pichai foretells a slump in the economy as it doesn't bid well according to his estimations. He suspects a recession will not spare any Big Tech or multinationals as investors liquidate their stakes in tech giants. Alphabet, the parent company of Google, seems to prepare for the tough times ahead. Sundar Pichai, the CEO of Mountain View-based California company, has just warned employees that the foreseeable recession will not spare the enterprise. Pichai said, "The uncertain global economic outlook has been top of mind. Moving forward, we need to be more entrepreneurial, working with greater urgency, sharper focus and more hunger than we've shown on sunnier days. In some cases, that means consolidating where investments overlap and streamlinin...

$44 Billion Twitter Acquisition Soup comes to Boil as Musk Reneges

9Jul

By Linda AshokNo Comments

Business, United States

$44 Billion Twitter Acquisition Soup comes to Boil as Musk Reneges

According to the latest developments in the Twitter (NYSE: TWTR) acquisition by Elon Musk, legal experts cite a potential legal case against Elon Musk from Twitter in the offing. Elon Musk, who initiated the acquisition earlier this year, seems to be terminating the $44 Billion Twitter acquisition deal. The predicted legal battle also comes with a twist of renegotiation or settlement, should Elon Musk be willing. As per Delaware courts, where the legal battle is to be litigated, have it clear in favor of acquirers wanting to abandon their deals. This is where renegotiation is anticipated over a legal battle against Elon Musk that will drag over months. This renegotiation is a better opportunity, albeit at a lower price rather than all the harrowing court experiences lasting over mon...

Google Street View Camera: House Cat for Remote Islands

25May

By Linda AshokNo Comments

Technology, United States

Google Street View Camera: House Cat for Remote Islands

We have breaking news from Google (NASDAQ: GOOGL) on their Street View feature developed 15 years ago as a distant imagination of Google co-founder Larry Page who wanted a 360-degree map of the world. With over 220B Street View images from over 100 countries and territories, Google Street View has made it possible for users to experience locations through their Internet devices. Google Street View feature is not only a gateway to virtual exploration of places but is considered a critical endeavor to Google's mapping efforts helping users access the latest information about the world base on an immersive and intuitive map in the foundation. On May 24, 2022, Google introduced the Google Street View camera on its blog, encouraging explorers to dig for historical imagery powering the futur...

Breakthrough in Type 1 Diabetes Got iLet Bionic Pancreas System

14May

By Linda AshokNo Comments

Tech for Good, Technology, United States

Breakthrough in Type 1 Diabetes Got iLet Bionic Pancreas System

Type 1 Diabetes, often known as juvenile or childhood-onset diabetes, needs daily insulin delivery because of the low insulin production. Patients may have polyuria (excessive urination), polydipsia (increased thirst), continual hunger, weight loss, visual problems, and weariness due to their condition. The onset of these symptoms might be rapid. People with Type 1 Diabetes and their families experience immense cognitive load and emotional burden in the unequal healthcare system worldwide. According to the US-based public welfare healthcare startup, BetaBionics, 80% of people with diabetes live with uncontrolled blood glucose and are always at a risk of unprecedented healthcare complications. It is increasingly difficult to achieve consistent glycemic control in Type 1 Diabetes. Besi...