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From the Editor's Desk
The Peculiar Economics of 3D Printing
Klaus Schwab, the executive director and founder of the World Economic Forum, forecasts that, as part of the Fourth Industrial Revolution, smart manufacturing will converge with synthetic biology and AI to have a transformational impact on the economy and our daily lives. Smart manufacturing is a form of advanced industrial manufacturing that integrates innovative technologies such as 3D printing, robotics, and the Internet of Things (IoT) to provide data analytics in real time.
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Hair loss treatment for votes? S.Korea's hairy debate South Korea's ruling party presidential candidate ignited a debate this week after he proposed allowing public healthcare insurance to cover hair loss treatment, fanning both cheers from some voters and criticism over his populist agenda.
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Why are so many people getting re-infected with Covid-19? 3.5 million people in the UK caught Covid last week, and for many this won’t be the first time. So how many of us are getting reinfected? And what could monitoring these cases tell us about what public health measures are required?
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HSBC edges out of China sin bin with new deals Perceptions matter for profits in China, or at least they do for Western banks pushing into its vast markets. News on Wednesday that HSBC , could soon take a greater stake of its jointly-owned mainland insurer. While China’s approvals process is often hard to read, the two moves and other developments imply a difficult period for the Asia-focused lender is near an end.
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AI startup Fractal becomes unicorn with $360 million investment from TPG Fractal has raised $360 million from TPG in a new financing round and entered the unicorn club as the Mumbai and New York-based AI startup, which counts Google and Wells Fargo among its customers, scales its offerings and begins preparation for an IPO. The new financing round valued the 21-year-old…
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Payroll startup PayFit is France's latest unicorn as it raises $289 million French startup PayFit just announced that it closed a new $289 million Series E round (€254 million) before the holidays. Following this round, the startup has reached a post-money valuation of $2.1 billion (€1.82 billion). The company has been building a payroll and HR software-as-a-service platfo…
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AARP Innovation Labs takes a holistic approach to age-tech at CES When young (or youngish) people think of age-tech, they may picture mostly clinical solutions—telemedicine platforms, for instance. Growing older, however, doesn’t just have a physical component. Isolation, for example, is a serious issue for elderly people, especially during the pandemic. And olde…
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Korean car-sharing startup SOCAR has filed for an IPO SOCAR, a south Korean car-sharing startup, has filed for an initial public offering, announced on Wednesday by Korea Exchange. The details – the number of shares to be offered in the IPO and the price range – have not yet been determined, said a spokesperson at SOCAR. SOCAR has reached…
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