While 2015 was another excellent year for automotive suppliers with global EBIT margins at a record high of 7.4 percent, volatility increased and global revenue growth slowed, according to the "Global Automotive Supplier Study 2016" from Roland Berger and Lazard. A potential market cool-down in 2016 and future technology changes remain at the top of the supplier CEO agenda.
A blood test can tell people if they’ve won their battle with cancer or not. A new study shows that liquid biopsies—which use gene-sequencing to scan a blood sample for DNA, rather than analyzing a chunk of excised tissue—can categorize cancer survivors as very likely cured or at a big risk for a relapse.
Most women suffer pain during menstruation; oftentimes, the aches can get bloody awful. It happens every month, and painkillers don’t always alleviate the cramps.
Now, an Israeli device called Livia is offering a solution to these scheduled periods of discomfort, by sending weak electric pulses to your abdomen. This wearable technology, which clasps onto your pants and is hidden under your blouse, can be discreetly worn in public (it certainly doesn’t cramp your style!) and also helps women stay away from painkillers.
Micromedic Technologies Ltd.'s (TASE:MCTC) share price skyrocketed over 75% today, after the company reported positive results in a trial of its prostate cancer diagnosis solution from a urine sample using the CellDetect technology developed by its Zetiq Technologies subsidiary .
The trial results showed that when the CellDetect technology was used to diagnose samples from 18 patients and healthy subjects, both groups were accurately diagnosed.
The company believes that development of this non-invasive test is likely to improve diagnosis of prostate cancer, avoid unnecessary biopsies, and save the health system hundreds of thousands of costly tests.
Darktrace, the U.K. cybersecurity startup whose backers include Autonomy founder Mike Lynch’s Invoke Capital, has closed $64 million in fresh funding.
The new round was led by global investment firm KKR, with participation from existing investor Summit Partners and new investors TenEleven Ventures and SoftBank.
I understand the new investment gives the 2013-founded company a valuation of more than $400 million, while in a call Lynch told me the new backing was a typical growth round and will be used for further international expansion and for R&D.
Just Eat, the food delivery giant of Europe, has announced plans to introduce self-driving delivery robots to London streets in the coming months.
Just Eat is teaming up with Starship Technologies, an Estonia-based startup created by Skype’s cofounders, to launch a trial with a handful of restaurants that will see some customers’ food delivered by a mini six-wheeled robot. The trial is expected to kick off within the next few months, and a few details of how the order and delivery process will work has been revealed.
Deals to AR/VR startups have seen a massive boom in recent years, with 2015 seeing a record 135 deals and $700M in funding.
Tech giants like Google and Twitter are getting involved with AR/VR. Google led investments in Magic Leap, the secretive AR startup that’s raised $1.4B, and Twitter recently confirmed it’s building a dedicated AR/VR team in-house.
The founders of Rising Barn didn’t even know each other when they started working on what would become their San Antonio, TX-based company, which uses software to build affordable housing with designs developed by an architect.
Pegy Brimhall is the architect. She wanted to take her expertise in designing manageable, easily constructible skyscrapers for large corporations and use it to build low-cost housing.