Thomas A. Rizk is the CEO and Co-Founder of Rizk Ventures. He is a venture capitalist and owner of diverse business interests in real estate, technology, and healthcare.
Showing posts with label Technology. Show all posts
Showing posts with label Technology. Show all posts
Sunday, August 30, 2015
Friday, August 21, 2015
Monday, August 3, 2015
Samsung Creates Fund For Cancer Stricken Workers
Samsung Electronics Co Ltd said it will create a 100
billion won ($85.8 million) fund to compensate workers plagued with cancer and
their families. Aside from compensation Samsung also plans on using the funds
to prevent such diseases at its chip and display factories. The South Korean
activist group Sharps says they’re aware of around 200 workers who’ve fallen
ill after working at a Samsung plant and about 70 of them have died. This proposal
stems from negotiations between the South Korean firm, workers and their
families, and outside experts over the company’s responsibility for the workers
who attribute the illnesses to prolonged exposure to radiation or dangerous
chemicals used in Samsung’s factories.
Source: Reuters
Tuesday, June 23, 2015
17 Year Old Invents VetiGel, A Product That Heals Wounds In Seconds
Originally invented when he was 17 out of his grandfathers
lab, the now 22 Joe Landolina, has invented an algae-based polymer that when
injected into an open, gushing, wound will stop bleeding within seconds and
heal the wound in a few minutes. This is the product of VetiGel which is both a
strong adhesive to hold the wound together and gives the building blocks for
the body to produce fibrin, the protein that helps repair tissue long term,
says creator Landolina. Landolina is now the cofounder and CEO of Suneris, a
biotech company that creates the gel, and the company is beginning to ship to
veterinarians later this summer and humans will soon be using this gel, first
in the military, then in operating rooms and then in households.
Labels:
Biotech,
innovation,
Military,
Suneris,
Tech,
Technology,
VetiGel
Wednesday, June 17, 2015
Twitter Co-Founder Jack Dorsey to Replace as Interim CEO
After six years, Twitter CEO Dick Costolo will be leaving the company due to concerns over the company's performance. Co-Founder Jack Dorsey will replace him as the interim CEO until a replacement is found.
Source: The Verge
Tuesday, June 9, 2015
General Electric To Go Back To Their Roots
General
Electric is making an effort to step away from banking and focus on their
industrial roots by agreeing to sell the bulk of a division that finances
leveraged buyouts to the Canada Pension Plan Investment Board in a $12 billion
deal.“This announcement is the next step in
G.E.’s transformation to a more focused industrial company,” said Keith S.
Sherin, GE Capital’s chairman and chief executive.
Friday, June 5, 2015
Robotics Aid In Giving Hand Motor Deficient Independence
Individuals
with limited or total loss of hand motor abilities may soon attain advanced
prosthetics to perform everyday tasks with ease. Robotics expert Conor Walsh
and a team of engineers at the Harvard John A. Paulson School of Engineering
and Applied Sciences (SEAS) and Wyss Institute for Biologically Inspired
Engineering have developed a soft robotic glove that could aid those suffering
from loss of motor control to regain some of their independence.
Tuesday, June 2, 2015
Google Announces Singapore Expansion
Great news for internet users located in Asia: Google has announced its new data center in Singapore will add another multilevel data center right next door. The Singapore center is projected to be completed in two years. Google is strengthening its server capabilities around the world, particularly with its $600 million center in Oregon, but the rise in mobile internet in Asia has made this expansion particularly important.
Source: TechCrunch
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