WeWork CEO Neumann’s $700 million cash-out says a lot about how the massive influx in venture capital has changed the market

Traditionally, venture capitalists frowned on startup founders selling any of their personal stakes in their companies before the firms went public or were acquired. But it’s becoming more common for founders to cash in some of their stakes pre-IPO. WeWork CEO Adam Neumann, for example, has raised some $700 million over the last five years by selling off stakes in his company or using his stock to guarantee personal loans, The Wall Street Journal reported Thursday. The change in attitude about such moves is related to the big influx in late-stage capital to the venture industry, investors and analysts said. Click here for more BI Prime stories. It used to… Read More

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Google to plug Chrome loophole that exposes Incognito status to sites

In Google’s latest blog post, the tech giant has promised to put and end to a loophole in its Chrome web browser that compromised its users’ privacy when using its ‘Incognito’ private browsing mode. Currently, websites are able to detect when a user is browsing in Incognito Mode by scanning for the presence of Chrome’s Filesystem API (Application Programming Interface), which is disabled in this mode in order for the user’s browsing activity not to leave traces on their device. A website can assume the user is browsing in Incognito Mode if it receives an error message when checking for the availability of this API. In Chrome 76, which is… Read More

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Tesla’s new V3 Supercharger can charge up to 1,500 electric vehicles a day

Tesla has opened a massive next-generation electric vehicle charging station in Las Vegas that combines the company’s core products into one sustainable energy ecosystem, fulfilling a vision CEO Elon Musk laid out nearly three years ago. The new V3 Supercharger, which supports a peak rate of up to 250 kilowatts, is designed to dramatically cut charging times for its electric vehicles. Tesla unveiled its first V3 Supercharger in March at its Fremont, Calif. factory. A second V3 Supercharger is located in Hawthorne, Calif., near the Tesla Design Studio. Both of these locations, which were initially used as test sites, lack two key Tesla products. This new location in Las Vegas… Read More

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BIG TECH IN HEALTHCARE: How Alphabet, Amazon, Apple, and Microsoft are shaking up healthcare — and what it means for the future of the industry (GOOGL, AAPL, AMZN, MSFT)

This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. The healthcare industry is undergoing a profound transformation. Costs are skyrocketing, consumer demand for more accessible care is growing rapidly, and healthcare companies are unable to keep up. Health organizations are increasingly turning to tech companies to facilitate this transformation in care delivery and lower health expenditures. The potential for tech-led digital health initiatives to help healthcare providers and insurers deliver safer, more efficient, and cost-effective care is significant. For healthcare organizations of all types, the collection, analyses, and application of patient data can… Read More

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The Fujinon GF 50mm f/3.5 R is Fujifilm’s most compact pancake lens yet

Measuring in at just 84 x 48mm and weighing only 335g, the new Fujinon 50mm f/3.5mm R is now Fujifilm’s most compact and lightweight pancake lens yet. When paired with the new GFX 100 medium format snapper, the lens is equivalent to 40mm (35mm equivalent) due to the camera’s crop factor, making it ideal for street photography. Moreover, the lens will fit so snuggly against the body of the GFX 100 that you’ll barely even know it’s there. You won’t notice the GF 50mm f/3.5mm R when using the GFX 100 This tiny addition to the GF range boasts nine elements – including one aspherical glass – arranged in six… Read More

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