Fintech startup StudentFinance — which allows educational institutions to offer success-based financing for students — has raised a $5.3 million (€4.5 million) seed round co-led by Giant Ventures and Armilar Venture Partners. It’s now raised $6.6 million total, to date. StudentFinance launched in Spain first, followed by Germany and Finland, with the U.K. planned this…
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Google plans to release a new tool later this year that will use artificial intelligence to help users identify problems with their skin, hair and nails, the company said Tuesday during its annual developer conference. The innovation will compete against one of the most lucrative specialties in the industry. “As a doctor, I often see…
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CommonSpirit Health and Essentia Health announced Tuesday the Catholic systems have scrapped plans to add CommonSpirit’s North Dakota and Minnesota facilities to Essentia’s network. The proposed deal—off just four months after being announced—would have added 14 CommonSpirit hospitals in the Midwest to Duluth, Minn.-based Essentia’s existing network of 14 hospitals. One of those, CHI St.…
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Tuesday’s announcement of 7wireVentures’ second fund raises the question of whether the digital health venture capital firm can deliver another slam dunk akin to its early investment in Livongo, which exited to the tune of $18.5 billion. The Chicago-based firm has raised $150 million in its second fund, dubbed the Connected Consumer Fund, and expects…
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CVS Health’s appointed Shawn Guertin as its new chief financial officer, bringing back a former executive from Aetna. Guertin is a current board member of dialysis provider DaVita and TriNet Group payroll services company. He most recently served as CFO and chief enterprise risk officer of Aetna—the insurer that CVS owns—from January 2014 to May…
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The Serum Institute of India, the world’s largest vaccine manufacturer, plans to extend its halt on Covid-19 vaccine exports until the end of the year in a blow to countries depending on its shipments to start their vaccination campaigns. “We continue to scale up manufacturing and prioritise India,” Adar Poonawalla, chief executive, said on Tuesday.…
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This article is an on-site version of our #techFT newsletter. Sign up here to get the complete newsletter sent straight to your inbox every weekday Another day, another major media deal, reportedly. The expected consolidation in the streaming wars is happening sooner than anyone expected. It’s like a denouement in the first reel, to use…
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Google today announced it’s partnering with Shopify, giving the e-commerce platform’s over 1.7 million merchants the ability to reach consumers through Google Search and its other services. The integration will allow merchants to sign up in just a few clicks to have their products appear across Google’s 1 billion “shopping journeys” that take place every…
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Google is taking one of the most significant steps yet by a big tech company into healthcare, launching an AI-powered tool that will assist consumers in self-diagnosing hundreds of skin conditions. Derm Assist is the first of its kind and will launch in Europe this year before being aimed at the nearly 2bn people globally…
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When the International Energy Agency was created in 1974, the world was reeling from its first major oil shock. The new agency’s main job was to keep global oil supplies flowing smoothly and affordably. Nearly half a century later, the IEA has made a striking U-turn. Oil companies must stop all new projects to find…
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