Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
More tit-for-tat tariffs in the U.S.-China trade war could set the global economy up for a recession, according to Morgan Stanley.Marketsread more
President Trump stands a chance of creating a new economic world order in his China trade fight, says the chief economic advisor of Allianz.Economyread more
A series of tweets Monday marked the latest chapter in Trump's decadeslong effort to refute published reports that his previous financial problems have rendered him an...Politicsread more
A sell-off in chip stocks intensified following a report that chipmakers are cutting ties with Huawei after the Trump administration's ban.Marketsread more
Ford Motor said Monday that it is laying off about 7,000 salaried workers, about 10% of that global workforce, as part of a restructuring plan designed to save the No. 2...Autosread more
Google announced Google Glass Enterprise Edition 2 on Monday, a new set of smart glasses that's catered toward businesses and costs $999. Google has focused on business use...Technologyread more
From hiring parties to improved training, restaurants are thinking outside the box to attract and retain talent. A recent report from TDn2K, a restaurant analytics firm, found...Restaurantsread more
More than 170 shoe retailers, including Nike, Under Armour, Adidas, Foot Locker, Ugg and Off Broadway Shoe Warehouse, have penned a letter to the White House asking President...Retailread more
Microsoft on Monday announced new moderation for its Xbox platform in an effort to cut down on toxic content and to make gaming safer for everyone.Technologyread more
The finalists from the Council for Economic Education's National Economics Challenge will put their problem-solving skills to the test Monday in a high school economics...US Economyread more
Three years after it launched a bio fund, venture firm Andreessen Horowitz is finding opportunities in what general partner Vijay Pande calls "dark data."
The siloed nature of medical records means that valuable data often remain hidden from doctors, researchers and patients, making it difficult for people to get the targeted care they need at the most critical times.
For his latest bet, Pande is backing former Apple executive Anil Sethi, who has spent his career trying to unlock patients' health data from clunky electronic medical record systems and get it easily into the hands of those who most need it.
Sethi is the founder of Ciitizen, an early-stage start-up that's focused on helping people with cancer access their data. It's a deeply personal effort for Sethi, who left Apple late last year to care for his sister, Tania, as she was dying from breast cancer.
"When Tania was sick, her doctors wanted to know a few things, like her labs," Sethi said in an interview. "These things were super important but not always easy to access."
Sethi arrived at Apple in 2016, after his previous personal health start-up, Gliimpse, was acquired to help the iPhone maker bring medical records to the masses. Ciitizen has just raised $3 million in a funding round led by Andreessen Horowitz, which has raised two bio funds, including a $450 million pool in December.
Other health investments in Andreessen's bio fund include Camp4, which is developing technology to help with targeted drug development, and TwoXAR, which describes itself as "an artificial intelligence-driven drug discovery company."
In a blog post on Wednesday, Pande said that one reason health data is so hard to get is that providers have little incentive to share it. Stakeholders often use the excuse that rules under the Health Insurance Portability and Accountability Act are a barrier to data sharing, even though the HIPAA regulations give patients the right to request their medical information.
Despite recent advances in consumer technology, it's not uncommon for patients with serious illnesses to print out their medical records and carry them in plastic bags to their doctor's office. And caregivers, reliant on a limited set of data, aren't immediately informed of a medication allergy or chronic disease.
"In an age of data and modern machine learning, it shouldn't be so hard for this data to see the light of day," Pande wrote.
Before Tania died, Sethi promised his sister he would do everything he could to cure cancer in his lifetime.
At Ciitizen, he's developing technology to make it easy for patients to access electronic versions of their labs, genomic test results and images, which they can share with doctors, researchers and their broader care team. That level of sharing makes it more likely that cancer patients will be connected to relevant clinical trials and potential lifesaving therapies.
"If their health information is spread across the opposite ends of the galaxy, we can create a patient-mediated wormhole that connects all this data together," Sethi said.
The company is staffed by software engineers, as well as regulatory experts like Deven McGraw, the former chief privacy officer of a division inside the Department of Health and Human Services.
Sethi said cancer is the right place to start because patients fighting the disease are particularly motivated to get the proper help. Ciitizen is planning to launch a test version of its product later this year.