August 2 – 5 Key Stories From The Digital World

By August 2, 2019 Insight

1. 31+ Healthcare Startups Valued At $1B+

  • From improving patient care to designing new therapeutics, startups are emerging to provide all types of solutions across the healthcare industry
  • In 2019 alone, 3 healthcare unicorns were minted, including Doctolib, Hims, and 10X Genomics
  • Grail is a liquid biopsy startup that combines genomic sequencing and computational algorithms to develop population-wide blood tests to help detect early-stage cancer

2. The Future Is Unwritten: Writing The Future Of Financial Advice

  • Digital technologies (AI, APIs, automation, etc.) are changing how financial advice is dispensed and how every aspect of investing is conducted
  • incumbents like Charles Schwab, Vanguard, and JPMorgan Chase are improving their own digital capabilities to attract and retain existing customers
  • As digital and mobile technologies continue to dominate the everyday life of consumers, this trend is also having an outsize impact on all aspects of the retail investment value chain

3.  Esports star Ninja ditches Amazon’s Twitch, inks exclusive streaming deal with Microsoft’s Mixer

  • Blevins is a Fortnite star and one of the biggest names in video games today with 40 million fans…was the most-watched streamer on Twitch last year
  • He was the first pro gamer to make the cover of ESPN and is set to release a book
  • Microsoft is investing heavily in its gaming arm, which has expanded beyond the traditional Xbox console itself…will begin trials of Project xCloud, an ambitious cloud-powered game streaming service

4. China’s herd of unicorns

  • About 200 Chinese startups have valuations of $1 billion or more, and many are preparing to go global
  • Unicorns are prevalent in at least 13 industrial sectors, with the largest numbers in four industries significantly shaped by technology: enterprise services, media and entertainment, transportation and automotive, and fintech
  • One major advantage that Chinese unicorns enjoy is their near-exclusive access to a huge and vital domestic market

5. Drone app now shows where you’re allowed to fly

  • (FAA) has rereleased its drones app, this time with useful information on where you can and can’t fly your drone in the national airspace system
  • clear status indicator of whether it’s safe to fly your recreational drone, or whether you’re in a prohibited zone, like the area around an airport, a military facility or even the Super Bowl
  • app also includes maps that can be filtered; info about controlled or special use airspace; and data on critical infrastructure, airports, national parks, military training routes and temporary restrictions