Invest in the Future
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According to Matías Rosenthal, CEO of Grupo Premier Chile, the company behind bringing the Krispy Kreme brand to Chile, there are plans for new stores to open.
Read More about The Secret to Their Successful Inauguration in Chile: What Lies Beneath
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Virtual reality (VR) has been steadily gaining momentum and captivating audiences with its immersive experiences. From gaming and entertainment to education and healthcare, VR has opened up a whole new world of possibilities. As technology advances, VR is set to become the next frontier, taking over various sectors and transforming the way we live, work, and play.
One of the industries that is set to be revolutionized by VR is gaming. With VR headsets, players can now step into virtual worlds, allowing them to experience gaming like never before. Whether it’s exploring ancient ruins, battling enemies in a futuristic battlefield, or racing against virtual opponents, VR gaming offers a level of realism and immersion that was previously unimaginable. From casual gamers to hardcore enthusiasts, everyone can now have an incredibly immersive gaming experience from the comfort of their own homes.
Beyond gaming, VR has the potential to reshape the world of entertainment as a whole. Imagine being able to attend a live concert or sports event from the front row, without leaving your living room. With VR, this is becoming a reality. Virtual reality can transport users to any location, providing a truly immersive experience, blurring the lines between virtual and physical reality. This technology opens up opportunities for artists, performers, and event organizers to reach audiences across the globe, regardless of their physical location.
Education is another sector that can greatly benefit from VR. Traditional classroom learning can sometimes be limited, with students having to rely on textbooks and lectures to grasp complex concepts. With VR, students can dive into the depths of the ocean, journey through space, or interact with historical figures, making education a truly immersive and engaging experience. This technology has the potential to revolutionize the way we learn, making education more accessible and enjoyable for all.
In the healthcare industry, VR is proving to be a valuable tool in various applications. From training medical professionals to providing therapy for patients, VR is transforming the way healthcare is delivered. Medical students can now practice surgeries in virtual operating rooms, without the need for a real patient. Patients suffering from phobias and anxiety disorders can undergo virtual exposure therapy, allowing them to gradually face their fears in a controlled and safe environment. VR can also be used to offer rehabilitation services for stroke victims or individuals with mobility issues, enhancing their recovery process.
As for the future, the possibilities for VR seem endless. With the advent of 5G technology, VR experiences will become even more seamless and immersive. The integration of haptic feedback systems will allow users to feel physical sensations within the virtual world, further blurring the boundaries between reality and simulation. Augmented reality (AR) and mixed reality (MR) are also evolving alongside VR, combining virtual and real-world elements for even more interactive and versatile experiences.
It is clear that virtual reality is set to take over various sectors and transform the way we interact with technology. From gaming and entertainment to education and healthcare, VR is paving the way for a more immersive and connected future. As technology continues to advance, it is only a matter of time before VR becomes an integral part of our daily lives, opening up endless possibilities for innovation and discovery. The next frontier of technology is here, and virtual reality is at the forefront, ready to transport us to new worlds and revolutionize our reality.
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The Federal Trade Commission (FTC) has filed a lawsuit against Amazon, alleging that the company used deceptive tactics to enroll consumers into its Prime service without their consent and made it difficult for them to cancel their subscriptions. The complaint, filed in federal court in Seattle, accuses Amazon of using manipulative user-interface designs to deceive consumers into signing up for automatically-renewing Prime subscriptions.
FTC Chair Lina M. Khan stated that Amazon’s actions cost consumers money and violated their trust. The FTC aims to protect consumers and businesses from unfair practices in digital markets.
Amazon Prime, priced at $139 per year, offers free two-day shipping and other benefits like Prime Video and music streaming.
The FTC claims that Amazon intentionally complicated the cancellation process for Prime subscribers, with the goal of preventing them from cancelling their memberships. The complaint also alleges that Amazon’s leadership hindered changes that would have made it easier for users to cancel their subscriptions due to financial considerations.
The FTC further reveals that during the checkout process, Amazon presented consumers with multiple opportunities to subscribe to Prime, while making it harder for them to make a purchase without subscribing. Additionally, some buttons did not clearly inform users that choosing that option meant agreeing to a recurring Prime subscription.
The complaint mentions that Amazon internally referred to the cancellation process as “Iliad,” a reference to Homer’s epic poem about the Trojan war.
Amazon has not yet commented on the lawsuit.
This story is developing…
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PharmStars focuses on bridging the “pharma-startup gap,” helping pharma and startups overcome partnership barriers. PharmStars’ unique PharmaU program provides education and mentorship to help startups more effectively partner with pharma.
The 13 participating startups were selected in February 2023 following a highly competitive application process that attracted over 60 applicants from 14 countries. The selected startups each offer a unique digital health solution related to Women’s Health or Health Equity. Their diverse digital health solutions include new biomarkers, diagnostics and predictive tools, digital therapeutics, care access and delivery platforms, patient engagement platforms, and patient communication and education tools.
At the Showcase Event, startups presented their solutions to PharmStars’ pharma members and participated in one-on-one meetings with the members. More than 60 meetings took place over a two day period.
Participating startups shared that the PharmStars program was extremely valuable and useful to their business. Marina Rigau, CEO of MiMARK and part of the Spring 2023 Cohort, said, “Thanks to PharmaStars, we now have a strong pharma value proposition and have made the right connections to make engagement possible.”
Chris Wasden, Chief Strategy Officer of Twill and also a Spring 2023 graduate, commented: “We had five very high-quality meetings with different pharma companies that were prepared to engage with us on a serious level and were interested in finding ways to work together.”
The following 13 digital health startups completed the Spring 2023 PharmStars accelerator:
· GPx (Boston, MA): Continuous, Non-invasive Digital Blood and Urine Biomarkers
· Health Care Originals (Rochester, NY): Body-worn, Auscultation-based Continuous Respiratory Biomarker Platform
· Health In Her HUE (New York, NY): Education, Care, and Community Health Platform for Black Women and Women of Color
· Innsightful (Sunnyvale, CA): High Accuracy, Wearable-based AI Algorithm for Continuous Measurement of Anxiety and Depression
· Local Infusion (Nashville, TN): Tech-enabled Physician-administered Infusion Centers
· Manta Cares (San Francisco, CA): Interactive “Maps” and Engagement Platform for Cancer Patients and Caregivers
· MiMARK (Barcelona, Spain): Diagnostic Gynecological Fluid Biomarkers
· My Moves Matter (Dublin, Ireland): Patient-centric, Neuro-friendly Patient Engagement Platform for Women with Parkinson’s Disease
· NalaGenetics (Singapore): Genetic Risk Prediction Tool for Pre-Screening of Cancer, Cardiometabolic and Neurodegenerative Diseases
· Nivi (Sudbury, MA): Insights Engine and WhatsApp Chatbot Promoting Global Health Equity
· Samphire Neuroscience (London, United Kingdom): Neurotechnology-based Therapeutic Headband for Mental and Physical Symptoms of Menstruation
· Twill (New York, NY): Direct-to-Consumer Marketing and Adherence Platform that Delivers ROI
· viO HealthTech (Old Saybrook, CT): Continuous Remote Monitoring of Menstrual Cycles for Drug Efficacy
PharmStars is accepting applications through July 10, 2023 for its upcoming Fall 2023 cohort, around the theme “Digital Innovations in Therapeutic Delivery: Supply Chain to the Patient Interface.” Digital health startups interested in participating can find additional details and the application form on the PharmStars’ website.
For pharma and biotech companies, PharmStars 2023 membership is now open to a limited number of additional firms.
About PharmStars
PharmStars is the member-based, pharma-focused accelerator for digital health startups. Through our extensive expertise across pharma, startups, digital health, and innovation, we understand the challenges that pharma and startups face when seeking to collaborate. Our PharmaU program supports digital health startups and our pharma members in “bridging the gap,” leading to greater success and faster patient adoption of “beyond the molecule” solutions.
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Elon Musk, CEO of Tesla, expressed the company’s interest in investing in India and bringing their electric cars to the country as soon as possible. Musk had a positive conversation with Indian Prime Minister Narendra Modi and hopes to announce something in the near future. Discussions about incentives to bring Tesla to India have been revived, and SpaceX representatives have also been in talks with the telecom ministry for the Starlink satellite internet service. Musk has been planning to bring Tesla to India for years but has been waiting for significant incentives from New Delhi. He also expressed admiration for Modi and believes that India has great potential. Musk is also looking forward to bringing Starlink to the country. However, a specific timeline was not provided. Musk’s meeting with Modi comes after Jack Dorsey, co-founder of Twitter, revealed that India regularly requests the removal of certain posts and accounts from the platform.
