The healthcare industry, with its maddening inefficiencies and an economic model that incentivizes disease care over health care, desperately needs a Silicon Valley-style overhaul. Why is the nation’s $3 trillion creaky, monstrous and convoluted healthcare sector seemingly impervious to technological change? Read More
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The competition has been incredibly fierce, but we now have a winner. At the very beginning, there were 22 startups. We hand-picked all these great companies from the wild world of startup land so that they could compete in our highly competitive startup competition — the Startup Battlefield. They all presented in front of multiple groups of tech leaders serving as judges. The startups… Read More
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Just a day after announcing a $50 million round of funding, Internet performance management company Dyn is revealing there’s been a change in leadership — co-founder Jeremy Hitchcock is stepping down as CEO.
“I’ve done a nice and effective job of getting the company from A to B, but now I’m thinking about helping the company get from B to C,” Hitchcock told me. Read More
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Those panoramas trapped on your phone will finally get a better viewing experience, both on News Feed and the Oculus-powered Samsung Gear VR. Facebook is also releasing Gear VR usage stats for the first time, saying Gear VR has 1 million monthly users, and those who use it spend 25 minutes per day on the device. That could encourage developers to build for the platform. Facebook’s… Read More
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Weaveworks announced a $15 million Series B round today led by GV (the artist formerly known as Google Ventures). Accel, which invested in its earlier $5 million Series A also participated. The company has raised $20 million so far with this round. Weaveworks has created a set of open source tools for managing, monitoring and securing containers, the latest hot technology for developers… Read More
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Google is launching an update to its Translate apps for iOS and Android today.
There are three main parts to today’s announcement: offline support for iOS, Tap To Translate on Android, and Word Lens support for Chinese across platforms.
With this new version, the Translate team is bringing offline support to iOS. This feature, which comes in pretty handy when you are traveling and… Read More
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The chief operating officer of Theranos, the beleaguered medical diagnostics startup currently under federal investigation for allegedly making misleading claims about its blood analysis technology, is stepping down as the company reorganizes its structure. 
Capital Float, an online lending platform for small businesses in India, announced today that it has closed a $25 million Series B. 
We all saw it coming, but it’s still hard to swallow. Well-designed calendar app and service Sunrise will be removed from the stores in the next few days. The servers will be shutting down on August 31st. 
Europe’s Competition Commission has blocked a proposed merger that would have seen the number of major carriers in the UK mobile market reduced from four to three.