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The listing caps seven years of growth for Jumia, which was founded by 38-year-old French entrepreneurs Sacha Poignonnec and Jeremy Hodara in 2012 and now has more than 4 million customers in 14 African countries. Read more about how Jumia grew into a $1.9 billion listed company in seven years.
The use of blockchain technology in the financial sector still face many challenges according to a major Chinese researcher, local news agency Sohu reports on April 12. Wei Kai, head of blockchain research at the China Academy of Information and Communications Technology (CAICT), described roadblocks to the technology's further adoption at a 2019 meeting of the International Chamber of Commerce (ICC) Banking Commission. According to Wei, despite blockchain’s potential to transform a number of industries, tech disruptors have not solved three major problems in regard to the financial sector at the current stage of blockchain adoption.
The mother of a baby born without skin from the neck down had been hoping her son could receive the life-saving care he needs at the Texas Children's Hospital, but Medicaid initially refused to cover the facility.
Almost five years ago, when I was 29, I decided to undergo genetic testing to learn whether I had inherited a BRCA2 mutation. My mother is a two-time breast cancer survivor, and we had discovered that she had a BRCA2 mutation during my senior year of college. This meant that I had a fifty percent […]
Yesterday, Israel's first mission to the Moon ended in a rather abrupt and unsatisfying manner. SpaceIL's Beresheet lunar lander, which was part of a privately-funded mission that would have made Israel the fourth country to successfully land on the Moon, faltered at the very last second.In the immediate aftermath of the lander's crash it as unclear exactly what went wrong. An issue with the spacecraft's engine was suspected, but the lander's signal was lost shortly after the engine came back online so answers were hard to come by. Now, after studying the data from the landing attempt, SpaceIL has a better idea of what went wrong."Preliminary technical information collected by the teams shows that the first technical issue occurred at 14 km above the Moon," SpaceIL explained in a tweet. "At 150 meters when the connection with Beresheet was lost, it was moving at 500 km/h, making a collision inevitable.""Our engineers think that a technical glitch in one of the components caused the main engine to shut down - making it impossible to slow the spacecraft's descent. By the time the engine was restarted its velocity was too high to land properly."This is essentially what we assumed happened based on what viewers were able to see during the live stream of the landing attempt. The engine lost power and the spacecraft's signal went dark just moments after it was fired back up.It's a massive disappointment for SpaceIL and anyone who was following Beresheet's journey. Still, the mission was a success in a number of ways, not least of which is the fact that it successfully entered lunar orbit in the first place, which is no easy task.https://twitter.com/PeterDiamandis/status/1116429177778049024In a related piece of awesome news, the XPrize group has decided to award a $1 million "Moonshot Award" to SpaceIL in order to help the team get started on whatever ventures they will be pursuing next.
GM had negotiated potentially taking a stake in Rivian and forging a partnership that may have helped the Plymouth, Michigan-based startup bring fully electric trucks and SUVs to market faster. GM was widely expected to become a strategic investor alongside Amazon.com Inc., which in February led a $700 million equity raise by the closely held company. Rivian has had several other potential suitors take a look, the person said.
A secret Ministry of Defence funded drone worth £5 million has crashed in a remote part of Western Australia during tests. The Zephyr - described as the world’s first unmanned aircraft of its kind to fly in the stratosphere - went down during tests flights being conducted by Airbus, its manufacturer, on behalf of the MoD. The drone, which is the latest of a series of unmanned British military aircraft to crash during tests and reconnaissance operations, is designed to hover at more than 65,000 feet for months at a time. It can be used for surveillance or to provide a temporary boost to communications. In 2017 two multi-million pound British Army reconnaissance drones crashed into the sea earlier leading commanders to temporarily ground the fleet. Three years earlier a multimillion pound Army reconnaissance Watchkeeper drone had to be written off when it nose-dived into a runway because of a computer glitch. It has now emerged the Zephyr, which has a 25-metre wingspan, crashed near the remote town of Wyndham, 1242 miles from the state capital of Perth, last month. Airbus began using the area as a base for its Zephyr drone last December because it has an unrestricted airspace and clear weather conditions that make it ideal for launching the aircraft. The MoD said in 2016 that it was buying at least two Zephyr 8 aircraft in a £10.6m contract. Development of the aircraft, built by Airbus Defence and Space, has been part funded by the MoD and its design is top secret. An MOD spokesperson said: “A Zephyr aircraft trial which took place in mid-March in NW Australia was interrupted earlier than planned due to adverse weather conditions. We are working hard on preparing for the next trial.” The crash will represent a setback to Airbus and the MoD’s drone test programme. Dr Malcolm Davis, Senior Analyst in Defence Strategy and Capability at the Australian Strategic Policy Institute (ASPI): “It certainly is a setback for Airbus, because the Zephyr is a key product. It’s a very cutting-edge platform, so these types of incidents are to be expected,” said . He told The Telegraph that while he couldn’t speculate on the cause of the crash or the purpose of the flight, the platform provides something similar to a satellite for a much lower cost. “It makes it possible to have an eye in the sky for months on end if necessary. Then it can be brought down and serviced. These platforms are known as ‘near space’ – it operates between 60,000 feet and the beginning of outer space at 100 kilometres from earth. This is starting to be exploited for the first time.” He added that such technology can have a variety of roles, including intelligence surveillance reconnaissance for the military, for civil purposes or as a communications system instead of a satellite. With up to 20 Airbus staff working on the project, the initiative was sold as part of an ongoing effort to establish an emerging space industry. Rumours that Facebook was involved in the Zephyr programme have been denied. Speaking about the MoD’s Zephyr programme Rear Admiral James Morley, Director Capability JFC, said recently: “Designed and built in the UK, Zephyr is one of the cutting-edge technologies that we are exploring to maintain our competitive advantage in communications and surveillance."
Mexican government and business leaders met with U.S. counterparts for a second straight day on Friday, seeking to resolve border delays hurting commerce, hasten ratification of a trade deal, and address metals tariffs. The talks coincide with renewed tensions over trade and the U.S.-Mexico border after two years of uncertainty sparked by President Donald Trump's demand to renegotiate the North American Free Trade Agreement (NAFTA). Officials including U.S. Commerce Secretary Wilbur Ross and Mexican Economy Minister Graciela Marquez are meeting on the sidelines of the so-called U.S.-Mexico CEO Dialogue in the Mexican city of Merida in the Yucatan peninsula.
The Greek mother of the first baby born using DNA from three people on Friday praised the revolutionary technique that helped her conceive -- and thanked the mystery woman who donated her egg. Under the terms of the treatment, she was not allowed to meet the donor, said 32-year-old Matina Karavokyri. "I would like to thank her very much," she told the Athens-Macedonian News Agency (ANA).
(Reuters) - The U.S. Food and Drug Administration on Friday approved Johnson & Johnson's treatment for patients with a form of bladder cancer. The green signal to the drug, Balversa, makes it the first approved treatment for bladder cancer that targets a genetic alteration known as FGFR3 or FGFR2, the FDA said. (Reporting by Manas Mishra in Bengaluru; Editing by Shinjini Ganguli)
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