For investors, digital health data outweighs algorithms

Venture capital firms first look for useful and unique data when they invest in digital health companies. At the SoCalBio Digital Health Conference, representatives of six Southern California-based firms agreed that having access to good data outweighs even the most sophisticated algorithms. Both technology and health care firms are investing in companies using AI to solve health care’s most costly problems, said Milo Bissin, director of life science and health care for Silicon Valley Bank. The amount of investment in health tech companies has grown significantly in the last five…

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Facebook to Invest $1 Billion in First Asian Data Centre in Singapore

HIGHLIGHTS The data centre is slated to open in 2022 Facebook’s facility will be located in the west of the island Data centre isn’t country specific to where users are located: Facebook Facebook said on Thursday it will invest more than $1 billion (roughly Rs. 7,100 crores) to build its first data centre in Asia in Singapore, slated to open in 2022. Facebook’s facility will be located in the west of the island, near where Google is expanding its Singapore data centres in an $850 million (roughly Rs. 61,000 crores) investment as mobile…

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WestBridge leads Series B investment in healthcare data firm Innovaccer

Innovaccer Inc., a Silicon Valley-based healthcare data platform, has raised $25 million (Rs 168 crore) in a Series B round of funding led by Westbridge Capital, a company statement said. US-based venture capital firm Lightspeed Ventures also participated in the round, the statement added. With this investment, the total capital raised by Innovaccer stands at $41 million. Innovaccer will use the funds to continue building its data platform by leveraging its machine learning capabilities and to create a set of new patient engagement applications and platform capabilities for partners to…

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Idea to Give 60GB Complimentary Data to Sony Xperia R1, Xperia R1 Plus Buyers

HIGHLIGHTS Customers will get 10GB free data on recharge of Rs. 300 or more This offer can be availed on six recharges Sony Xperia R1 and R1 Plus hit the market on November 10 Idea has announced a partnership with Sony Mobiles India under which the operator will offer 60GB of extra data to buyers of the Xperia R1 and Xperia R1 Plus smartphones. The Sony smartphones are affordable offerings and unveiled in India in late October; they will become available for purchase in India starting November 10. Buyers of Sony Xperia R1 and R1 Plus will…

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UK spies using social media data for mass surveillance

Privacy rights group Privacy International says it has obtained evidence for the first time that UK spy agencies are collecting social media information on potentially millions of people. It has also obtained letters it says show the intelligence agencies’ oversight body had not been informed that UK intelligence agencies had shared bulk databases of personal data with foreign governments, law enforcement and industry — raising concerns about effective oversight of the mass surveillance programs. The documents have come out as a result of an ongoing legal challenge Privacy International has brought against UK intelligence…

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Data Recovery Becomes Easy With EaseUS

Data is a set of collection of facts and figures that are processed in such a form that a computer can understand it and process it. Everybody in almost all the sectors of the industry is familiar with the term data. Data and information are changing the outlook of the world these days. Its helping in curing diseases as well as boosting a company’s profit margin, it’s everywhere and is used by all at personal and professional level. Personal data is something that is related to specifically a person. It…

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