Andhra Pradesh Public Service Commission (APPSC) has released Mains Result for Group II.
Tuesday, February 4, 2020
India's premium smartphone segment grew 29% YoY in 2019; Apple was the fastest growing brand with 41% YoY growth, OnePlus maintained its No. 1 position (Danish Khan/The Economic Times)
India's premium smartphone segment grew 29% YoY in 2019; Apple was the fastest growing brand with 41% YoY growth, OnePlus maintained its No. 1 position — Apple was the fastest growing premium smartphone brand in 2019 with 41% yearly growth even as China's OnePlus maintained its leadership …
Toronto-based BenchSci, which is using AI to accelerate drug discovery research and reduce related costs, raises $22M Series B led by F-Prime Capital (Kyle Wiggers/VentureBeat)
Toronto-based BenchSci, which is using AI to accelerate drug discovery research and reduce related costs, raises $22M Series B led by F-Prime Capital — Assessing the health of pharmaceutical R&D by unearthing hidden patterns in procurement data is a task made simpler by AI.
Three years after raising $450 million, Andreessen is back with a new $750 million life sciences fund
Life sciences is big business in venture capital land and firms are raising big dollars to find the companies that will lead the next healthcare revolution.
Chief among them is Andreessen Horowitz, which announced its third life sciences fund with a $750 million final close earlier today.
Andreessen went back to market less than than three years after closing its last fund, a $450 million investment firm that the firm raised in 2017. The firm’s first, $200 million life sciences fund closed in 2015.
So far, the firm, which is one of the most successful new venture firms to come on the scene since its launch nearly eleven years 
ago, has only had one exit from its life science portfolio — the $65 million acquisition of Jungla by the genetics testing firm, Invitae back in 2019.
Increasingly, there’s a view among investors that the life sciences and healthcare revolution borne on the back of computational biology and programmable genetics will usher in a wave innovation which will change more than just the healthcare industry.
As the firm wrote in its announcement of the new fund:
Bio is not the “next new thing”—it’s becoming everything. Software is now affecting not just how we do not just one thing—cloning DNA, or engineering genes—but how we do it all across the board, blurring lines, breaking down traditional silos, changing our processes and business models. In other words, technology today is enhancing all our existing tools and data, affecting every decision we make, from research to development to deployment—and how we access, pay for, and experience healthcare.
And it’s not just software. What is technology really? It’s principles and process. It’s a shift to an engineering mindset for relentless iteration and constant improvement; modular components that can be remixed and reused, and improvements that accrue and compound over time. Tech gives us tools beyond just software—continuous data streams to describe our health, circuits to program cells, scalpels to edit DNA, and the ability to create programmable, living medicines. Our focus is not just on the groundbreaking outputs of this shift, from novel gene and cell therapies to digital therapeutics and virtual care models, but on the underlying approach and drivers that created those breakthroughs. This is why it doesn’t work to simply tack on AI, or just insert tech into an established company. In order to re-program entire systems and re-imagine new approaches to massive challenges, whether those are biological, or man-made, you need to rethink the process from the ground up.
'Low KYC' norm to help mobile wallets retain their customers
This will be done by a mechanism giving customers an option to convert their ‘minimum KYC’ accounts to the central bank’s newly introduced ‘low KYC’ PPI accounts https://ift.tt/2OtMyEH https://ift.tt/eA8V8J
App to ease tax regime choice
Some private applications are already available now, but the government is looking to see if the app can be made available officially, a government official https://ift.tt/2OqmESo https://ift.tt/eA8V8J
ConsenSys, a blockchain app developer started by Ethereum co-founder Joseph Lubin, buys broker-dealer Heritage Financial Systems to tokenize municipal bonds (Amanda Albright/Bloomberg)
ConsenSys, a blockchain app developer started by Ethereum co-founder Joseph Lubin, buys broker-dealer Heritage Financial Systems to tokenize municipal bonds — - ConsenSys buys Heritage Financial Systems; Terms undisclosed — Firm seeks to ease issuance of tokenized bond offerings
Australian logistics company Toll Group says it was targeted by a ransomware attack on Friday, causing delivery delays; Toll disabled some systems as precaution (Asha Barbaschow/ZDNet)
Australian logistics company Toll Group says it was targeted by a ransomware attack on Friday, causing delivery delays; Toll disabled some systems as precaution — The targeted attack has forced the company to disable its systems and revert to manual processes, causing delays across the country.
Quess who’s India’s largest private employer?
The Bengaluru-based company, Quess Corp, which provides staffing solutions for some of the biggest brands in the country, now has the largest roster of employees and associates — 3.85 lakh — in the private sector in India. Quess, depends largely on ‘grey-collar’ workers. https://ift.tt/37UwH9T https://ift.tt/eA8V8J
Google admits it sent users' private videos to strangers
Google has admitted it accidently sent private videos of some users of its Google Photos service to strangers, blaming a technical glitch behind the incident. https://ift.tt/31ofIKK https://ift.tt/eA8V8J
Flipkart shuts down Jabong for Myntra push
Experts said the move will help Flipkart consolidate operations and make its marketing budget efficient. https://ift.tt/2Smj6kW https://ift.tt/eA8V8J
Streaming players sign up to form complaint council
Some OTT platforms, however, consider the step regressive and unnecessary https://ift.tt/2Sk21Za https://ift.tt/eA8V8J
Will take learnings from India to take Google Pay global: Pichai
Google Pay runs on the Unified Payments Interface (UPI), the open digital payments platform built by the National Payments Corporation of India. https://ift.tt/383dmmQ https://ift.tt/eA8V8J
India vs New Zealand 1st ODI Match: How to Watch Live, Track Scores
India vs New Zealand 1st ODI cricket match will be broadcast by the Star Sports Network. It will also be live streamed on Hotstar. https://ift.tt/383zbCU
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Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
