Facebook’s London accelerator program expands to startups in Europe, the Middle East, and Africa: Here’s what you need to know
Social media giant Facebook announced the expansion of its startup accelerator program to support other potential startups developing technologies that have a positive impact on the world. In this regard, the third edition of its London accelerator program will be open to startups across Europe, the Middle East, and Africa for the first time.
Swedish startup Flow unveils its chatbot therapist to combat depression
Flow, a medical device and therapy app startup company from Malmo, Sweden which treats depression has now released its chatbot therapist. The medical device company also launched a brain stimulation headset for treatment of depression in June 2019, the first and only medically approved at-home treatment of its kind in the UK and EU.
Europe’s best: 25 extraordinary deep tech scaleups selected for EIT Digital Challenge 2019
Coming up with an idea for a startup and realising it to reach the status of a scaleup takes meticulous planning and execution. Additionally, deep tech scaleups face their own set of unique challenges, since they are working on a differentiating product offering that leverages sophisticated, hard-to-reproduce digital technologies.
Direct Listings Are All the Rage in Silicon Valley. Here’s Why VCs Favor Them Over IPOs
Venture capitalist Bill Gurley uses a fat black pen to circle the word “moronic” in a news story he has printed out. The recent article is a critique of the traditional process that startups use to go public: an initial public offering.
Cannabis Tech Startup Fyllo Announces New Funding As Advertising Execs Join The Board
Less than a month after announcing a $16 million seed round of funding, a marketing-tech startup for cannabis advertisers says it’s raised another $2 million while also adding several top marketing execs to its board.
Fidelity, Tencent, Rakuten Back $20 Million Round for UK Blockchain Provenance Firm
UK-based blockchain startup Everledger, which began as a platform using blockchain to verify the authenticity of diamonds, has attracted investment led by Chinese multinational investment holding conglomerate but also backed by American multinational financial services corporation Fidelity, and Japanse electronic commerce and Internet company, Rakuten.
Facebook buys startup working on mind-control of machines
Facebook on Monday said it had made a deal to buy a startup working on ways to command computers or other devices using thought instead of taps, swipes, or keystrokes.
AI in our schools – a dystopian nightmare or a bright future?
In 2018, then education secretary Damian Hinds challenged the tech industry to launch an education revolution for schools to reduce the burden on teachers. There is now a myriad of online resources used in UK schools.
Alibaba unveils its first A.I. chip as China pushes for its own semiconductor technology
Alibaba unveiled its first chip to power artificial intelligence (AI) processes on Tuesday. The move could boost its already fast-growing cloud computing business and signals China’s growing ambitions in developing its own homegrown semiconductor industry.
Facebook Horizon Poised To Rival Roblox And Minecraft With 2020 Launch
In a stunning reveal at Oculus Connect 6 (OC6) this week, Mark Zuckerberg presented a first look at Facebook Horizon, a social VR experience coming to the Oculus Quest and Rift platform in 2020.
FoodTracker: An AI-powered food detection mobile application
A research team at McGill University in Canada has developed a mobile application that can recognize food items inside an overall meal in real-time, providing useful nutrition-related information. The team outlined the new mobile application, called FoodTracker, in a recent paper pre-published on arXiv and presented at the 16th International Conference on Machine Vision Applications in Tokyo.
Bitcoin Price On Course For Record Highs Despite Cryptocurrency Crash, Experts Claim
Bitcoin has experienced huge price drops in recent days, with the cryptocurrency tumbling by more than $2,000 (£1,600) to take its value below $8,000 for the first time since June.
Switzerland’s central bank is exploring the use of digital currencies for trading
Switzerland’s central bank is working with the country’s stock exchange to examine the possible use of digital currencies in trading.
SOCIAL MEDIA Mark Zuckerberg to testify before Congress on Facebook’s libra cryptocurrency
Facebook CEO Mark Zuckerberg will testify before the House Financial Services Committee this month, the committee announced Wednesday.
The blockchain concept
Blockchain is the technology that underpins cryptocurrencies such as Bitcoin. Fundamentally, the blockchain is simply a ledger, a digital record of transactions associated with a digital currency, a Bitcoin, for instance.