Federated Genomic data startup Lifebit raises $60M round led by Tiger Global
The key to unlocking so-called “precision medicine” is thought to be genomic data. According to some predictions, 500 million human genomes will have been sequenced…
Business
Disney and Amazon partner on a custom voice assistant, ‘Hey, Disney!’ and Echo rollout to Walt Disney World Resort hotels
For the first time, Amazon is bringing another voice assistant to Echo devices. At its autumn event today, the business revealed “Hey, Disney,” a new…
Cloudflare to Enter Infrastructure Services market with new R2 storage product
Cloudflare, which has data centers in 250 sites across the world, today launched its first foray into infrastructure services, a cloud storage solution named R2.…
Carrot, a plug-in that automatically categorizes what you’ve added to your cart, raises $5.5 million
While the rise of e-commerce has given us more opportunities to browse and shop than ever before, it doesn’t imply we’re actually buying as much.…
Joint Probability (JP)
In probability theory, a joint probability is a chance that two occurrences will happen at the same time. It’s a statistical metric that assesses the…
Angle Labs raises $5 million to build Stablecoins based on derivatives
Andreessen Horowitz led a $5 million investment round for Angle Labs, the startup behind the Angle Protocol. On the Ethereum network, a small team has…
Budget Forecasting and Planning
Budgeting describes how the plan will be carried out from month to month and includes information such as revenue, expenses, potential cash flow, and debt…
5 Questions for Venture Capital in Q3
The third quarter of 2021 is coming to an end in some way. Instead of being a time for family, friends, and fun, the COVID…
Subjective Probability
Subjective probabilities, as the name implies, are probabilities based on an individual’s personal assessment of the likelihood of an event occurring. It is not based…
Probable Maximum Loss (PML)
The term “probable maximum loss” (PML) is used in both the insurance and commercial real estate industries. It is most commonly linked with property insurance…
Maximum Foreseeable Loss (MFL)
The term “maximum foreseeable loss” (MFL) refers to the worst-case situation in which the claim for damages and loss is the largest. MFL is a…
Local Currency in Economics
A local currency is a most commonly used currency within a country. In economics, it is a currency that can be spent at participating organizations…
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