China’s leadership in the digital currency space is turning a larger spotlight on U.S. initiatives, but similar efforts stateside aren’t likely any time soon. With its entry into the still-sparsely populated world of central bank digital currency, China takes a society that already leans heavily on electronic payments and mainstreams it. This also gives the…
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Drone Startup Skydio Hits $1 Billion Valuation
Skydio, a drone startup cofounded by former MIT and Google unmanned aircraft scientists, has become the latest member of the unicorn club of $1 billion-valued businesses. It comes after a $170 million Series D round led by Andreessen Horowitz, taking the company’s total funding to $340 million. Based in Redwood City, California, Skydio has built…
Gates, Bezos Invest In Brandon Sorbom’s Nuclear Fusion Technology Company Commonwealth Fusion Systems
After Brandon Sorbom graduated from Loyola Marymount University in Los Angeles in 2010, he decided to take the “couple of thousand dollars” he had saved and his credit card (he had 0% interest for a year) and fly to Boston. Sorbom wanted to get his Ph.D. in nuclear fusion but had been rejected from all…
How Blockchain is Transforming Healthcare Cybersecurity
In 2017, there were at least 477 healthcare data breaches reported to the U.S. Department of Health and Human Services (HHS) or the media, affecting 5.579 million patient healthcare records. These breaches cost approximately $408 per record — more than 2.75 times the global average across industries. Partially in response to this ongoing issue, healthcare…