Author: Zech

The Miami-Fort Lauderdale metropolitan area attracted $361 million in venture capital funding in the second quarter of 2024, down significantly from the $623 million the region raised in the first quarter, according to the latest data from Pitchbook. South Florida startup deal counts also fell to 71 in the second quarter, down from 106 in the first quarter. Refresh Miami reported 89 deals in the second quarter of 2023, totaling $378 million. However, the report notes that two late June deals aren’t included in that total: Insightec, a Miami-Israel-based medical technology company developing focused ultrasound, raised $150 million in Miami,…

The increasing demand for smaller, portable and efficient devices across various industries, especially in medical and healthcare applications, is driving the need for micropumps. WILMINGTON, Del. , July 24, 2024 /PRNewswire/ — The micropump market is projected to reach USD 1.9 billion in 2023. It is likely to gain a CAGR of 18.7% from 2024 to 2034, by which time the market is expected to reach USD 12.4 billion. Innovations in micropump technology, including the development of more efficient, reliable, and cost-effective pumps, are contributing to the growth of the market. Significant investments in research and development by major market…

Crypto Legal has won 16 industry awards in the past year, cementing its position as the UK’s leading blockchain law and forensics firm. United Kingdom – 24 July 2024 — These awards highlight the firm’s comprehensive expertise in providing top-tier legal and forensic services specialized in the blockchain space. Reputed organizations such as the European Legal Awards, the Global Law Experts Annual Awards and Lawyer International’s Legal 100 Awards have named Crypto Legal the “Best Blockchain Law Firm for 2024.”The firm was also named “Best Cryptocurrency Law Firm for 2024” by the public in a BlockSurvey community poll. This public…

Shadow Legend VR (2019) Arken Age is a single-player sci-fi shooter from studio VitruviusVR coming soon. The team announced that they have completed their first large-scale beta testing with SteamVR users and are currently sending out a second batch of code, with a release date expected to be announced in the “coming weeks.” The studio also revealed some new gameplay to go along with this, which you can check out below. Coming to PSVR 2 and PC VR headsets, the single-player VR adventure is more than just a sci-fi shooter: the studio says it will include fully customizable melee and…

Hamilton Lane, one of the world’s largest asset managers, has announced the launch of a private credit fund on the Solana (SOL) blockchain, in a move that highlights the growing convergence of traditional finance (TradFi) and blockchain technology. According to a recent report by Fortune magazine, the fund, named the Senior Credit Opportunities Fund (SCOPE), will now be accessible to investors through the Solana network. Funding Institutions Directly on the Solana Blockchain Hamilton Lane, which has more than $290 billion in assets under management, has partnered with Libre, a Web3 protocol developed by Brevan Howard’s WebN Group and Nomura’s cryptocurrency…

Nadav Zafrir, renowned Cyber Security leader, will assume CEO role December 2024Gil Shwed, Founder & CEO, will transition to Executive Chairman REDWOOD CITY, Calif., July 24, 2024 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the second quarter ended June 30, 2024, and the appointment of Nadav Zafrir as Check Point Chief Executive Officer. Second Quarter 2024: Total Revenues: $627 million, a 7 percent increase year over yearSecurity Subscription Revenues: $272 million, a 14 percent increase year over yearGAAP Operating Income: $209 million, representing 33 percent of revenuesNon-GAAP Operating Income: $265 million,…

Leroy Seafood Group has announced a strategic investment in US biotechnology company Salmonix. Terms of the investment were not disclosed, but the announcement said it will support Salmonix’s continued growth and cutting-edge biotechnology, which uses fish blood to create healthcare products. Lerøy is best known as Norway’s leading fish farming company (salmon and trout) and also owns one of Norway’s largest deep sea fishing fleets, and is also part owner of Scottish Sea Farms. Based in Maine in the northeastern United States, Salmonix develops and markets innovative reagents and biomedical products from the blood of salmon and other fish. This…

Researchers at the University of Illinois at Urbana-Champaign have developed a VR training system for doctors in an effort to address health disparities based on race and class.The first module focused on “Black maternal medicine” and was tested in a pilot study with 30 medical students and residents, with study participants completing a survey exploring physicians’ beliefs about the value of patients’ opinions about the causes of illness and the impact this has on patients’ lives. “We know that health disparities for black mothers influence and are associated with disparities for black infants, such as preterm birth and low birth…

Activision has reportedly launched “AI-generated cosmetics” for Call of Duty: Modern Warfare 3 in late 2023.According to a Wired report about the impact of generative AI on the video game development industry and concerns about threats to the livelihoods of those involved, Activision has “made AI-generated cosmetics available for purchase in the Call of Duty: Modern Warfare 3 store.”The cosmetic in question is not named in the post, but is linked to the Yokai’s Wrath bundle, which will be released in December 2023. The store did not reveal that the bundle uses generation AI. The bundle was sold for 1,500…

Microsoft has appointed Anujh Tewari as chief cybersecurity advisor for India and South Asia. Announcing his new role on LinkedIn, Tewari expressed his enthusiasm and vision for the transformative potential of artificial intelligence (AI) in cybersecurity. “I am pleased to announce that I have started my role as Chief Cybersecurity Advisor for India and South Asia at Microsoft,” Tewari wrote. He further elaborated on his passion for AI and its impact on cybersecurity, stating: “I am passionate about the transformative power of AI and believe it will fundamentally change how the world’s largest and most complex organizations keep their digital…