Ron Day – Karma

Meat Plant Protections May Soothe Consumers While Workers Pay a Price

Ron Day — Mon, 04 May 2020 10:00:00 +0000

White House effort to open meat plants cheered markets, while others worried about worker health U.K.’s FAIRR, unions, see missed chance to tackle problems in industry Meat packing industry hit hard by pandemic, with plant closures and thousands of sick workers, while rising meat prices alarm an increasingly strapped public. Markets, the meat industry and […]

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Andreessen Horowitz Applying Software Savvy to Sniff out Healthcare Deals With Biggest Bio Fund Yet

Ron Day — Wed, 05 Feb 2020 03:44:27 +0000

Andreessen Horowitz, the Silicon Valley PE firm that bet on Twitter, Skype and BuzzFeed, is boosting wagers on another industry being transformed by software: healthcare. The firm, with $10 billion in assets under management, has pulled together its third healthcare-focused fund, Bio III, with $750 million. That’s more than triple the $200 million it raised […]

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Sexual Discrimination in Financial Industry Abating as Younger Generation Climbs Ranks

Ron Day — Fri, 20 Dec 2019 21:22:18 +0000

Sexual discrimination in the financial industry has become less of a problem over the past decade, according to a survey of advisors, several of whom said a younger workforce is the reason for the change. The issue is “much better than 10 years ago but can still improve,’’ according to 65% of brokers and registered […]

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Into the Future: Pandora Moving Slowly to Help You Chat With An Ad

Ron Day — Wed, 18 Dec 2019 20:42:28 +0000

Pandora is moving slowly with its voice technology that permits listeners to interact with ads, but not because it has any doubts consumers actually want to have a conversation with a snack advertisement. Pandora, the third biggest music streaming service according to Statista, is sensing that customers need to be eased into the technology. Interacting […]

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Peter Thiel Seen as Voice Advising Zuckerberg on Political Ad Policies

Ron Day — Tue, 17 Dec 2019 20:49:56 +0000

A billionaire libertarian, responsible for co-founding PayPal and bankrupting Gawker Media, may have Mark Zuckerberg’s ear as the Facebook CEO navigates policies on accepting political advertisements. Peter Thiel, Facebook board member and its first outside investor, is advising Zuckerberg to continue accepting political advertisements and not fact-check the ones that come from politicians, the Wall […]

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Twitch Fends off Microsoft, Facebook To Stay Atop Game Streaming Heap

Ron Day — Mon, 16 Dec 2019 21:02:52 +0000

Twitch’s early move into video game streaming is paying off, with Microsoft, Facebook, Twitter and Disney failing to dislodge the Amazon unit from its top position. Twitch isn’t only defending its No.1 standing — the company is expanding it. Twitch controlled 76% of the video game streaming market at the end of the third quarter, […]

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Facebook Said to be Facing Antitrust Order that Would Halt App Interoperability

Ron Day — Fri, 13 Dec 2019 20:38:00 +0000

Facebook’s antitrust problems appear to be growing, with the U.S.’s top consumer protection agency reportedly considering action next year that would effectively wall off some its products and prevent them from integrating them. The Federal Trade Commission is considering seeking an order “as soon as January” that would prevent Facebook from enforcing its rules concerning […]

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Magic Mushrooms Move Closer to Mainstream Medicine As VC-Backed Compass Touts Safety, “Positive Mood Alteration”

Ron Day — Thu, 12 Dec 2019 20:50:22 +0000

Magic mushrooms as a treatment for depression took another step toward mainstream acceptance as a venture capital-backed company announced positive results from a psilocybin trial. Compass Pathways’ psilocybin medication was “well-tolerated in healthy volunteers,” a first step in seeking approval to sell the drug, the London-based company reported in a statement. Subjects also reported “positive […]

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Private Equity, Biotech Industry Worried Pelosi Drug Plan Would Be ‘Destructive,’ Slow Innovation

Ron Day — Wed, 11 Dec 2019 21:12:01 +0000

Private equity and venture capital firms, which have poured billions of dollars in biotech firms, are opposing House Speaker Nancy Pelosi’s plan to cut drug prices, saying it would stifle the small firms that are often the source of new medications. Venture capitalists met with Pelosi’s staff, as well as House and Senate Democrats over […]

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Mark Cuban Gives Bitcoin a Big “No” While China Pushes Further into Digital Currency

Ron Day — Tue, 10 Dec 2019 21:39:46 +0000

Stark contrasts in how digital currencies are viewed around the world were on display this week, as billionaire Mark Cuban said bitcoin has “no chance” of becoming a reliable currency and China pushes ahead with a plan to test and introduce a digital one. “It’s too difficult to use, too easy to hack, way too […]

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