Sean O’Sullivan, the founder of the global venture outfit SOSV, has slowly but steadily built up a sizable operation over the years. SOSV started off as a family office, investing the capital of O’Sullivan after he cofounded two companies, including MapInfo, an outfit that went public in 1994 before Pitney Bowes acquired it years later,…
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Twelve years ago, Joby Aviation consisted of a team of seven engineers working out of founder JoeBen Bevirt’s ranch in the Santa Cruz mountains. Today, the startup has swelled to 800 people and a $6.6 billion valuation, ranking itself as the highest-valued electric vertical take-off and landing (eVTOL) company in the industry. As in any…
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Michael Brown, a longtime general partner with Battery Ventures, was just elected to the role of chairman of the National Venture Capital Association three years after joining its board of directors. Earlier this week, we caught up with Brown to ask about his new, year-long role with the 48-year-old trade group — and what issues…
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An 18-year-old Italian girl has died from a rare form of blood clot two weeks after receiving the AstraZeneca jab in Northern Italy, and a 34-year-old woman, from the same region, is in a coma. Local media reported the initial investigation into the teenager’s death showed she suffered from low blood platelets, a condition the…
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An 18-year-old Italian girl has died from a rare form of blood clot two weeks after receiving the AstraZeneca jab in Northern Italy, and a 34-year-old woman, from the same region, is in a coma. Local media reported the initial investigation into the teenager’s death showed she suffered from low blood platelets, a condition the…
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The clean energy company Invenergy said on Friday that it had been hacked but that it did “not intend to pay any ransom”, after one of the world’s most notorious ransomware gangs threatened to leak embarrassing details about its billionaire chief executive. The Chicago-based private company, best known for building big wind and solar farms,…
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Aetna, Cleveland Clinic, Healthcare Service Corp. and several other companies are backing a new venture aimed at using blockchain technology to make healthcare more efficient. The move builds off growing interest by industry leaders in blockchain’s potential to improve interoperability and transparency in care networks. Aetna and HCSC paired with IBM and PNC Bank to…
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The chief executive of GSK’s consumer healthcare business expects the newly separated company to make deals in growth areas such as vitamins in a sector ripe for consolidation. Speaking ahead of a much-anticipated investor day detailing the split between GSK’s pharma and consumer divisions, Brian McNamara told the Financial Times the business would be able…
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The writer is a former head of MI6, Britain’s Secret Intelligence Service, and a founding partner of Vega Cyber Associates It is easy to feel helpless in the face of a threat as amorphous and apparently random as ransomware. But, like all cyber security issues, it is not so much a technology problem as a…
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The projected physician shortage narrowed as more students gain access to graduate medical education and a growing number of advanced practice practitioners join the workforce, according to a new report. By 2034, there will be an estimated shortage of 17,800 to 48,000 primary-care physicians and 21,000 to 77,100 specialists, the Association of American Medical Colleges…
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