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Inc42
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Tata Sons To Tap Singapore As A ‘Key Partner’ For Semiconductor Plans
- Indian conglomerate Tata Sons is looking at Singapore as a 'key partner' for its semiconductor plans.
- Singapore is considered a serious and reliable player in the international semiconductor industry.
- Tata Sons has been present in Singapore for over five decades.
- The Tata Group is investing INR 91,000 Cr for a semiconductor facility in Gujarat and another INR 27,000 Cr for another unit in Assam.
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Gritdaily
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Harnessing AI for a New Era in Healthcare: Dr. Ronald Razmi’s Journey and Vision for the Future
- Artificial intelligence (AI) has the ability to transform the healthcare industry from diagnostics to treatment to preventative medicine with its unprecedented accuracy and speed.
- AI can streamline administrative tasks and enable more efficient workflows and free up healthcare professionals for direct patient care.
- Despite its potential, AI still encounters considerable roadblocks when it comes to adoption in healthcare, due to the industry’s complexity and convoluted decision-making process.
- The slow adoption of AI is rooted in healthcare’s inherent conservatism and risk aversion.
- While the potential of AI, particularly in research, delivery, and prevention, is undeniable, it is not an overnight solution to healthcare problems.
- AI can play a transformative role in medical research into diseases, genetic markers, and treatment pathways by analyzing complex bodily functions that could lead to major discoveries.
- AI’s most exciting opportunity is the possibility of shifting healthcare from a reactive to a preventative model by continuously monitoring health data and providing predictive analytics, enabling interventions before a problem becomes serious.
- Successfully integrating AI into healthcare requires cross-functional expertise that combines clinical, business, and technological perspectives.
- Dr. Ronald Razmi’s career is paradigmatic of the cross-functional expertise necessary to advance AI adoption in healthcare. Ronald Razmi is the founder of ZOI Capital, a venture capital firm focusing on AI in healthcare.
- Dr. Razmi’s vision for the future is one where AI transforms the healthcare system into a more proactive, efficient, and accessible environment.
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Gritdaily
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133
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MHAYA’s Approach to Effective and Inclusive Hiring Solutions in a Growing Market
- MHAYA is a platform that aims to simplify talent acquisition and improve hiring efficiency.
- The platform uses patented technology to address inefficiencies and biases in the hiring process.
- MHAYA focuses on creating a diverse candidate pool and making data-driven, transparent hiring decisions.
- The company is committed to diversity, equity, and inclusion, and aims to reshape the job market by providing unbiased and efficient hiring solutions.
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Gritdaily
6d
376
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Shawn R. Hailey Recognized for Contributions to the Construction Industry
- Shawn R. Hailey, CEO and co-founder of LineQuest LLC, has been recognized for his contributions to the utility and damage prevention industry.
- Under Hailey's leadership, LineQuest has become a leader in damage prevention, focusing on quality over quantity.
- Hailey's vision and dedication to the industry were acknowledged by being named one of Dallas Business Journal's 40 Under 40 in 2024.
- His goal is to advance the industry and ensure damage prevention is conducted at the highest level for future generations.
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The Robot Report
6d
115
Image Credit: The Robot Report
Who let the robodogs out? Meet Swiss-Mile’s wheeled quadruped
- Swiss-Mile's quadruped robot combines wheels and legs for enhanced mobility and has potential applications in security and logistics. The robot evolved from academic research to a commercial product, and the discussion covers the engineering challenges faced and the unique functionalities that set it apart.
- iRobot, the maker of Roomba robot vacuum, has laid off another 105 employees as part of its restructuring plans, representing a 16% reduction in its global workforce. One of the main reasons for iRobot's struggle is Amazon's failed acquisition in 2024, which was called off because regulators said the deal would restrict competition, which led to lay off employees.
- Physical Intelligence has raised $400 million to continue its development of AI for a range of robots, focusing on foundation models that can control any robot to perform any task. Physical Intelligence raised $70 million in seed financing earlier this year and said that its valuation has risen to $2.4 billion.
- Pipedream Labs' robot is deployed through pipes to move prepared meals from a quick service restaurant to end-users in a commercial building. Its fixed infrastructure is completely underground and out of the weather, supporting the logistics of delivery between the QSR location and various corporate campuses, thereby drastically reducing delivery times and streamlining restaurant operations.
- The 2025 RBR50 innovation awards recognize technology and business innovations in the calendar year 2024. The awards are open to any company worldwide that produces robotics or automation. They aim to celebrate startup of the year, application of the year, robot of the year, robots for good award and new products and business, engineering, or technology services.
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Medium
6d
4
Image Credit: Medium
Don’t Sweat the Small Tech Debt: Why It’s Not Slowing Your Business Down
- Most of the time, technical debt is not the crisis it seems.
- Focusing on perfection can be a trap.
- It is difficult to predict the future needs of a product.
- Spending excessive time and resources on code cleanup may not provide immediate value.
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Startupnation
6d
380
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E-commerce Accounting Essentials: How to Streamline Your Financial Processes for Growth
- E-commerce accounting is the management of financial transactions and data specific to an online business and includes tracking inventory often spread across various warehouses, handling taxes variation between states and platforms and preparing financial statements which consist of income statement, balance sheet and cash flow statement.
- Essential tips for e-commerce accounting routines include tracking everything daily, reconciling books monthly, managing financial statements monthly and handling taxes annually.
- E-commerce accounting includes using a cash basis accounting method which records transactions as money changes hands.
- Additionally, e-commerce businesses can use accrual accounting where expenses are recorded when an invoice is received, and revenue is recorded when the transaction is completed respectively.
- E-commerce business owners can turn to automation software to simplify operations, minimize errors and save time.
- Some of the best small business accounting software listed include QuickBooks, FreshBooks, Wave, Xero, Zoho Books, Sage and OneUp.
- Similarly, some top free accounting software includes Zoho Books, Wave, ZipBooks, Odoo, ProfitBooks, CloudBooks and FreshBooks.
- Maintaining accurate financial records is crucial in e-commerce accounting to prevent landing in the red and in avoiding questions from the IRS.
- Managing financial statements monthly helps in keeping your business flexible and ready for whatever comes your way, while handling taxes annually eases the process of filing for taxes.
- E-commerce accounting may appear overwhelming, but it becomes easier once the principles are broken down and the right approach and automation software is implemented.
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TechCrunch
6d
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‘Whatever you want Ben’: Inside Ben Horowitz’s cozy relationship with the Las Vegas Police Department
- VC Ben Horowitz has given at least $7.6m to fund police department purchases in recent years, according to internal police emails viewed by TechCrunch. He has also paid to expand and improve the Las Vegas Metropolitan Police Department's gym. The emails showed Horowitz trying to facilitate connections between the LVMPD and at least six a16z portfolio companies, as well as making personal suggestions about the department's purchases. The donations, facilitated through police foundations, have been criticised for bypassing typical procurement processes and favouring donors. Horowitz claimed he was helping LVMPD adopt new strategic technology.
- Horowitz's relationship with LVMPD first developed in 2023 after Skydio, a young drone maker, sent a customer proposal to the department, which Horowitz forwarded to LVMPD's chief of staff Mike Gennaro. Horowitz then donated the funds for the department's purchase of Skydio drones. Skydio publicised its partnership with LVMPD, but did not mention Horowitz. In addition to donating Skydio drones, Horowitz has also facilitated connections with other a16z portfolio companies.
- Horowitz has justified his involvement with LVMPD by pointing to dropping crime rates in the city, but critics have slammed donations through police foundations as a legal loophole that opens taxpayers up to paying for ongoing contracts. Police foundations in major cities such as New York, Los Angeles, St Louis and Atlanta have generated millions of dollars in annual revenue.
- Horowitz's wife Felicia has also donated to LVMPD, paying $800,000 for new computer terminals and $120,000 for the gym, along with money for new ice and cappuccino machines.
- Experts and advocacy groups have pointed out that police foundations often give private citizens and corporations a way to donate money that can be used to bypass typical procurement processes and give competitors a chance. They also say it can set up companies for ongoing contracts where taxpayers foot the bill.
- Horowitz's approach is increasingly popular at major US police departments. As well as giving money to acquire Skydio drones for LVMPD, Horowitz has donated to secure communication start-up Kodex and Earnin', which helps employees access their pay before payday.
- After an initial donation, companies can try to sell the police on a follow-up contract and also use the fact that LVMPD has deployed their technology for advertising, opponents of police foundations noted. The LVMPD and a16z declined to answer questions from TechCrunch.
- While donations can set up companies for lucrative ongoing contracts with the police force, critics argue that it becomes impossible for the public to hold people accountable for accepting them. Albert Fox Cahn, Founder of the Surveillance Technology Oversight Project said donations to police foundations sidestep competitors.
- Horowitz donated $2m to the Las Vegas police foundation in 2023, however, the foundation's tax filing vaguely described the 'purpose' of the donation as 'support of police.' Reports have drawn attention to the foundations' lack of transparency over who donates and where the money goes.
- Skydio, in particular, stopped selling consumer drones in 2023 and started betting its future on government, defense, and law enforcement, increasing the cost of its products. Police foundations are now stepping in to fund departments' acquisitions of these technologies, critics argue.
- While some view creating police foundations to pay for needed equipment as a necessary effort to fill budget gaps in departments nationwide, critics argue the donations are set up to favour donors. They point out that police foundations bypass procurement processes, thereby giving private citizens and corporations a way to donate money that can be used to buy things for police departments.
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Siliconangle
6d
202
Image Credit: Siliconangle
UnifyApps reels in $20M for its AI-powered application platform
- UnifyApps, a startup offering software development tools for enterprises, has raised $20 million in funding.
- The funding, led by ICONIQ Growth, was a Series A round following an $11 million seed round.
- UnifyApps provides a software suite with AI-powered automation workflows and no-code application creation.
- The suite also includes capabilities for building AI agents and managing data.
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TechCrunch
6d
107
Image Credit: TechCrunch
Startup land wasn’t as quiet this week as you might’ve expected
- AI startup Aravind Srinivas provided reliable insights and maps through its election information hub.
- Startups have benefited from the Inflation Reduction Act, regardless of Trump's return to the U.S. presidency.
- Agtech startup Bowery Farming is ceasing operations after raising over $700 million.
- Latvian on-demand printing companies Printful and Printify are merging.
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Pymnts
6d
169
Image Credit: Pymnts
Volatile FinTech Stocks Highlight Promise, Perils of Financial Services’ Digital Makeover
- The FinTech IPO Index was up nearly 15% year to date, outpacing individual names that were up by high-double-digit and even triple-digit percentage points.
- Earnings reports of digital upstarts in the financial services industry reveal that growth can be bumpy and volatile.
- Some key themes emerging in the industry include companies building ecosystems spanning cards, cryptocurrency, loans, and modernizing payment processes.
- Challenges for the digital transformation of financial services include regulatory scrutiny and increased efficiency in working with bank partners.
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Inc42
6d
99
Image Credit: Inc42
100X.VC Cofounder & Partner Shashank Randev Quits
- Shashank Randev, cofounder and partner of 100X.VC, has left the early-stage venture capital firm.
- After over 5 years with 100X.VC, Randev announced his departure on LinkedIn, expressing gratitude for the journey.
- During his tenure, the firm invested $20 Mn in 180 Indian companies and backed over 400 founders.
- Randev's departure comes at a time when the Indian investor ecosystem has seen several high-level exits.
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Medium
6d
116
Image Credit: Medium
Please welcome Conflixis, the conflicts of interest management platform for the healthcare industry
- Conflixis is a conflicts of interest management platform for the healthcare industry.
- They have developed an AI software platform that helps healthcare organizations understand and mitigate the risks associated with conflicts of interest.
- The platform uses conflicts of interest data to generate cost savings and lower regulatory and reputational risks.
- Conflixis aims to revolutionize the way healthcare organizations deal with conflicts of interest and achieve better outcomes for patients.
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Productcoalition
7d
20
Image Credit: Productcoalition
It’s Not the End. It’s a New Beginning: How We Changed Our Coffee Business
- A coffee delivery business was developed whereby coffee was delivered directly to customers, within 15 minutes, and comprised of specialty beans grown in the mountains and roasted to perfection.
- The first iteration failed as the process was slow and awkward, identifying the need for key elements: fast delivery, payment via app and hot, quality coffee.
- After significant testing a ghost-café concept was developed, similar to a ghost kitchen, with custom management software to ensure deliveries were efficient.
- Customers subscribe on a weekly basis and orders are monitored in real-time. The courier app organizes and maps out efficient routes in real-time, while the Barista app is essentially a timer for the delivery process.
- Although diversification into other areas of food service failed, the all-in-one management software has proved a success and is used in subsequent ventures.
- The core lesson the team learned is the importance of adaptability, of a willingness to pivot and repurpose solutions in order to uncover hidden opportunities.
- Adaptability is key for product teams to find product market fit, and even when ideas don’t go as planned, there are still opportunities and new beginnings.
- Sometimes, the best products are born from challenges and pivots and a resilient attitude towards the process.
- The importance of thorough product testing upfront is also salient, instead of investing too much in the blind launch.
- Partnerships with cafes and canteens that serve business lunches provide opportunities for product teams to tap into traffic during slow afternoon hours.
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TheStartupMag
7d
91
Image Credit: TheStartupMag
What Continuing Education Do You Need as a Minnesota Contractor?
- Acquiring your Minnesota contractor license is not a one-off thing; renewals are required periodically.
- To renew the license, a qualifying person (QP) must complete 14 hours of MN Contractor Continuing Education.
- The education should cover topics like energy code, business management, and residential construction.
- Tips for meeting CE requirements include planning well in advance and utilizing online options.
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