Babylon Health Gets $2 Billion Valuation With New Funding That Will Help It Expand In U.S.

Ali Parsa CEO and cofounder of Babylon Health. BABYLON HEALTH Babylon Health, a U.K.-based startup whose fast growth has been shadowed by concerns about the efficacy of its telemedicine apps, has raised $550 million in Series C funding, elevating the company to unicorn status. Saudi Arabia’s Public Investment Fund (PIF), which invest on behalf of the Saudi Arabian government, led the round that valued the company at $2 billion with a total of $635 million raised. The new capital will enable the company to expand into more markets including the…

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These South African jobs will disappear as technology takes over

The National Economic Development and Labour Council (Nedlac) has released a new report looking at how the fourth industrial revolution is set to hit jobs in the country. Overall, respondents were of the opinion that automation, globalisation and demographic change could have a significant impact on their industries, causing some jobs and activities to disappear, while creating opportunities for new jobs and activities to emerge. “The speed and depth of technology adoption drives business growth, new job creation and the need for augmentation of existing jobs, provided it can fully leverage the…

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Education, age and even height determine how much you will earn

WASHINGTON D.C. [USA]: For the first time, machine learning now enables researchers to rank the most important factors that predict future affluence – and the outcome might surprise you. Education and occupation were the best predictors -but surprisingly, a person’s ability to delay instant gratification was also among the most important determinants of higher income, beating age, race, ethnicity and height. Many factors are related to how much money a person will earn, including age, occupation, education, gender, ethnicity and even height. Behavioral variables are also implicated, such as one relating to the famous “marshmallow test.” This study…

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65% of Retailers Will Offer Same-Day Delivery by 2019

Small businesses are always looking for ways to have a competitive advantage in the market. Now they are not only competing on price and customer service, but also on speed. According to a recent report by Go People, a Sydney-based on-demand delivery and courier startup, 65% of retailers will provide same-day delivery services by the year 2019. “Globally speaking, same day delivery is no longer just a concept. Instead, it’s the standard practice in many industries nowadays,” writes Nick Hartman, Marketing and Communications Manager for Go People, on the company’s blog. “Fashion retailers,…

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Is your child feeling bogged down by academic pressure or social anxiety? Yoga at school will help

Yoga and mindfulness activities at school can help improve emotional health of children with anxiety, according to a study. Researchers at Tulane University worked with a public school in New Orleans to add mindfulness and yoga to the school’s existing empathy-based programming for students needing supplementary support. Third graders, who were screened for symptoms of anxiety at the beginning of the school year, were randomly assigned to two groups. A control group of 32 students received care as usual, which included counseling and other activities led by a school social…

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