Intel said to have acquired wristwatch maker Basis
Sources told tech news website TechCrunch that Basis Health Tracker Watch maker Basis Science has been bought by Intel for anywhere from $100 million to $150 million.
Healthcare Health/Fitness
Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About His Conduct
Joe Kiani, a billionaire and prominent megadonor to President Joe Biden, is facing being ousted as chairman of Masimo, the medical device company he founded.
Elon Musk's Neuralink Aware of Brain Implant's Wire Issues Years Before Tested to First Human Patient: Report
Neuralink has recently disclosed that the tiny wires inside its first human patient's brain shifted position, which was reportedly an issue that Elon Musk's company has known for years...
Pfizer, AstraZeneca Pledge Nearly $1 Billion Investments in France
Pfizer and AstraZeneca have announced massive investments in France totaling nearly $1 billion...
Walmart Closes Health Centers, Causing Longer Drives and Wait Times For Patients
The closure of Walmart's health centers will make healthcare access difficult for rural and low-income Americans, particularly in Arkansas, Florida, Georgia, Illinois, and Texas...
Insulin Pump App Recalled After Glitch Caused Over 200 Injuries
Over 200 individuals have suffered injuries due to a glitch in a popul...
Ascension Hit by Cyberattack, Disrupting Operations at Some of Its Hospitals
Major healthcare nonprofit Ascension said a cyberattack had interrupte...
Latest News
Anytime Fitness secures investment from Roark Capital Group
Co-ed fitness franchise Anytime Fitness has received an equity investment in private equity firm Roark Capital Group, a statement about the funding said. Terms of the deal were not provided.
Irish drug firm Perrigo picks up Aspen Global products in $51M cash deal
Dublin, Ireland-based over-the-counter (OTC) drug manufacturer Perrigo Company PLC picked up a set of products being marketed in Australia and New Zealand from South African firm Aspen Global Inc in a
Electronic cigarette maker NJOY gets $70M in private funding round
E-cig maker NJOY secured $70 million from Brookside Capital and Morgan Stanley Investment Management in a private round, The New York Times The Dealook reported.
US startup GOQii adds human touch to fitness tracking
Menlo Park, US-based fitness startup GOQii is helping people stay motivated with their healthy endeavors by combining its fitness wristband with human coaches who will provide advice and help them set
Ankur Capital backs three rural startups in India
Mumbai, India-based impact investment fund Ankur Capital shelled out INR50 lakh for a 30% stake in each of the Indian rural startups cloud farm-management systems firm Cropln, home compost company Dai
Online eye exam startup Opternative gets $1M to provide glasses prescription directly from the computer
Opternative, a Chicago-based startup, bagged $1 million in seed funding from Tribeca Venture Partners and Chicago Ventures does away with the need to have an in-person eye exam, TechCrunch reported.
Quanttus raises $19M in Series A round from Khosla Ventures and Matrix Partners
After the seed funding round led by Vinod Khosla of Khosla Ventures, wearable technologies startup Quanttus received a $19 million Series A round from Khosla Ventures and Matrix Partners.
Athenahealth Inc undertakes accelerator program to encourage entrepreneurship among healthcare IT startups- report
Athenahealth Inc is rolling out an accelerator program to encourage more entrepreneurship among healthcare IT companies and help the company add to its services, Venture Capital Dispatch reported.
Cisco invests $6M in Badia Impact Fund to support startups in Jordan
San Jose, US-based networking giant Cisco invested $6 million in the Badia Impact Fund to back tech startups in Jordan as part of a $10 million venture capital investment already committed in May 2011
