News

Butterfly Network reports over $33M loss in Q1

  • May 12, 2023
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Butterfly Network, maker of a handheld, smartphone-connected ultrasound system, saw its stock price drop after reporting first-quarter revenue of $15.5 million, flat from its total revenue of $15.6 million in Q1 2022, alongside a net loss of $33.5 million.   Still, this year, the Mass.-based company’s first quarter net loss was less than its reported $44.5 […]

Tesla’s giant 1 million car recall is literally a feature update

  • May 12, 2023
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The media is picking up what it is portraying as Tesla recalling over 1 million vehicles in China, but the so-called “recall” is literally a feature update. There’s already a lot of debate about whether Tesla recalls that are done through over-the-air software updates should really be called “recalls.” A reasonable argument could be made […]

News

Q&A: Digital therapeutics’ future after the fall of Pear Therapeutics

  • May 12, 2023
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Since Pear Therapeutics, one of the earliest digital therapeutic companies, declared bankruptcy in April, there’s been discussion surrounding the state of investments in digital therapeutics, challenges that exist around standards of care, barriers to adoption and how to achieve success in the sector. Andy Molnar, CEO of the Digital Therapeutics Alliance, a nonprofit organization that […]

VinFast announces new SPAC deal worth more than $23 billion

  • May 12, 2023
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VinFast Auto has formed a business combination agreement with Black Spade Acquisition Co. in hopes of finally achieving that IPO in the US it has been promising for years. If and when the transaction is complete, VinFast is expected be listed on the US stock market at an equity value over $23 billion. In true […]

Tesla announces it won’t produce Model S and Model X in right-hand-drive

  • May 12, 2023
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Tesla announced that it won’t be producing Model S and Model X vehicles in right-hand-drive configuration any longer. Many Tesla Model S and Model X buyers in right-hand-drive markets woke up to a bad surprise today. Tesla told them that they either canceled their orders or have to switch it to a left-hand-drive version. Some […]

Top 5 ‘not to be missed’ highlights at the Genomics and Precision Medicine Expo

  • May 12, 2023
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Genomics and Precision Medicine Expo – taking place on May 23-24 at ExCeL London – has announced its top 5 ‘not to be missed’ highlights for this year’s inaugural conference. The event, which is being run in partnership with Genomics England, will explore the latest advancements and developments in genome sequencing and genomic testing, and the immediate and future […]

Tesla relaunches referral program for cars, raffles a Cybertruck

  • May 12, 2023
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Tesla has relaunched its referral program, now called Loyalty Program, for its electric cars rather than just solar products. As part of it, you can now win a Cybertruck. Tesla doesn’t like to spend on marketing or advertising, and instead, relies on its user base to promote its vehicles and reward them in the process. […]