Tag: leads

11
Oct
2020
Posted in software

Microsoft and Facebook vet leads nonprofit making software to improve COVID-19 rapid tests

Most of the Audere team, gathered together in pre-COVID times. (Audere Photo)

A Seattle-based nonprofit launched to provide digital health solutions for poorer countries is applying its expertise to help with COVID-19 testing.

Audere is building software for administering rapid result COVID tests that can be integrated into products being developed by U.S. manufacturers that use saliva or nasal swab samples.

“There is a critical need for rapid testing,” said Philip Su, CEO and founder of Audere. People are increasingly realizing that the widespread distribution of a vaccine is still many months away. The availability of accurate, inexpensive tests that provide results in minutes can help control the spread of the virus in the meantime, Su said.

Philip Su, Audere CEO and founder. (Audere Photo)

The tests — known generally as rapid diagnostic tests or RDTs — can have high rates of failure, though the basic concept is simple. Imagine a home pregnancy test, as an example. A liquid sample is applied to a testing device, the fluid travels across the testing material and triggers a chemical reaction if a target disease or hormone is present. That reaction is visible as a colored bar or other shape.

In the past 20 years, the tests have grown in popularity, particularly as tools used in low- and middle-income countries for detecting HIV and malaria. They can be administered in clinics by providers with limited medical expertise or by people at home.

The tests “are simple, easy to use, affordable and they’re stable,” said Roger Peck, a senior program officer in diagnostics at PATH, a longstanding global health nonprofit not affiliated with the project. “They’re becoming more and more commonplace, and really accepted by healthcare workers.”

But they’re not fail-proof. Studies show that the tests can give inaccurate results when people take the

08
Oct
2020
Posted in technology

TSMC Leads Chipmakers’ Sales Surge Ahead of New iPhones

(Bloomberg) — Taiwan Semiconductor Manufacturing Co. reported a stronger-than-expected 22% rise in quarterly sales, buoyed by orders from its largest customers including Apple Inc.

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The world’s largest contract chipmaker saw revenue for the three months to September climb to a record NT$356.4 billion ($12.4 billion), up from NT$293 billion a year earlier, according to Bloomberg calculations based on monthly sales data disclosed by TSMC. Fellow Taiwanese chipmakers United Microelectronics Corp. and MediaTek Inc. on Thursday also reported strong sales, suggesting a broad recovery in the industry.

TSMC in July raised its 2020 outlook, saying that revenue this year will grow by more than 20% in dollar terms. Sales for the first nine months of the year suggests that Apple’s main iPhone chipmaker is on track to meet its growth forecast as the Covid-19 pandemic fueled demand for home computing equipment.

The company’s business typically revs up in the months before Apple unveils new iPhones and the holiday season. It also likely received a boost during the quarter as its second-largest customer Huawei Technologies Co. raced to stockpile supplies before a U.S. ban on shipments to the Chinese telecom giant came into effect last month. Rival chipmaker Samsung Electronics Co. reported on Thursday earnings that beat analyst estimates after its mobile and chip businesses benefited from the curbs on Huawei.



chart, pie chart: Market Leader


© Bloomberg
Market Leader

“The demand strength will sustain and see an upside risk to TSMC’s 4Q20 revenue guidance to be announced next week,” Bernstein analysts led by Mark Li wrote in a note. “The ramp of iPhone is delayed but just makes 4Q20 sequentially stronger. Apple silicon is ramping and will fuel the momentum in 4Q20 too. More recently, Huawei’s competitors are aggressive in placing orders, all vying to gain the share left by Huawei.”

Monthly figures released

05
Oct
2020
Posted in technology

Madrona leads $3.9M seed round for cybersecurity compliance startup Strike Graph

Strike Graph co-founders Justin Beals and Brian Bero. (Strike Graph Photo)

Seattle startup Strike Graph raised a $3.9 million seed round led by Madrona Venture Group.

The company, founded less than a year ago and spun out of Madrona Venture Labs, helps companies prepare for the cybersecurity certification process.

Most B2B organizations need to pass cybersecurity audits to ensure their service meets security and privacy standards. Strike Graph says its customers can earn a SOC 2 Type 1 certification in 45 days and save $50,000 in consultant fees thanks to automation and customization features.

The 5-person startup is led by CEO Justin Beals, a veteran of NextStep, Koru, Roundbox Global, and other startups, along with Brian Bero, who previously co-founded Seattle tech stalwart Apptio and recently sold security startup Greytwist to SmartRIA.

The idea for Strike Graph came about after Beals struggled with the SOC 2 process as the CTO of an AI startup getting through procurement. The biggest roadblock to closing deals was the security review process that could take anywhere from six months to two years with one client.

Beals said Strike Graph competes against legacy compliance platforms that have “empty databases” and require outside consultants.

“Some new entrants into the market are overly prescriptive and don’t allow companies flexibility in their security practices,” he added. “Our platform carefully threads the difference so that companies can efficiently adjust Strike Graph to meet their current cybersecurity practices.”

GeekWire previously reported on the company in May. It launched just as the COVID-19 pandemic began in the U.S., though Beals said demand for Strike Graph’s initial pilot offering was high.

“This team is going after a large and significantly growing opportunity to serve a sharp pain point for B2B businesses,” Madrona wrote in a blog post. “Strike Graph defines what we

02
Oct
2020
Posted in website

Trump leads all Facebook ad spending in Arizona

President Donald Trump leaves the White House to go to Walter Reed National Military Medical Center after he tested positive for COVID-19, Friday, Oct. 2, 2020, in Washington.
President Donald Trump leaves the White House to go to Walter Reed National Military Medical Center after he tested positive for COVID-19, Friday, Oct. 2, 2020, in Washington.Alex Brandon/AP

PHOENIX (AP) — Republican President Donald Trump has spent more money on Facebook advertising targeting New Mexico users since July than any other candidate, campaign, or business, according to a New York University Tandon School of Engineering project that monitor’s Facebook spending.

The Trump campaign and his various affiliates have spent $3 million on Facebook ads in the state since July 1, the NYU Ad Observatory reports. That’s more than the amount spent during the same period by Democratic presidential nominee Joe Biden — the second-highest Facebook spender. His campaign has spent $2.3 million, according to the website.

Damon McCoy, professor of computer science and engineering at the New York University Tandon School of Engineering, and doctoral student Laura Edelson built the NYU Tandon Online Transparency Project aimed at bringing transparency to political advertising that targets U.S. voters.

Nationally, Trump has doled out $59 million on Facebook ads since July, while Biden has spent $39 million. It’s unclear if that pace will continue after Trump announced this week he had tested positive for COVID-19 and would be hospitalized.

The website found that Democratic U.S. Senate hopeful Mark Kelly spent $876,700 on Facebook ads in Arizona since July. However, the website says the Kelly campaign has spent $2.2 million nationally on Facebook ads seeking donations around the country.

Source Article

30
Sep
2020
Posted in technology

Lee Fixel’s Addition leads $35 million investment in India’s Inshorts

Inshorts, which operates a popular news aggregator app in India, has raised $35 million in a new financing round led by Lee Fixel’s Addition as the Indian startup looks to scale its adjacent, social network platform.

For Fixel, who wrote several high-profile checks to Indian firms while running Tiger Global, InShorts is the first Indian startup he is backing from his new VC firm. Fixel, who also invested in InShorts when he was at Tiger Global, has backed about six startups through Addition including New York Area-headquartered Odeko, which offers ordering and supply chain tools to cafes, Synk, which develops tools used to identify vulnerabilities, and dLocal, which operates a cross-border payment processor to connect global merchants to emerging markets.

SIG Global and Tanglin Venture Partners, also participated in Inshorts’ new round, which values the startup at about $125 million, a person familiar with the matter told TechCrunch.

Azhar Iqubal, founder and chief executive of Inshorts, told TechCrunch in an interview that the startup raised the capital to further scale Public, a social network it launched in April 2019.

Public is a location-based social network that connects individuals to people in their vicinity. Think about people living in the same society, or people in a mall or within a few miles from each other.

Public, which is available in several major Indian languages including Hindi, Bengali, Punjabi, Telugu, Tamil, Kannada, Malayalam, Odia, Assamese, Gujarati and Marathi, is allowing shop owners to drive e-commerce, serving as a classified platform and allowing recruiters to hire people from neighborhood, said Iqubal.

The app, which also provides entertainment and news services, has amassed over 50 million monthly active users, he said. More than 1 million videos are being created on the platform each month.

“There are more than 10,000 urban centres in India and