A recent eruption of Mount Lewotobi Laki Laki in Indonesia has caused widespread disruptions to flights between Australia and Bali, with several airlines cancelling their services due to the volcanic ash cloud. The eruption has also led to evacuations and injuries, highlighting the risks associated with volcanic activity in the region. Forecast for 6 months:…
industry on The Soothsayer / page 18
The biotech industry is witnessing a surge in the development of GPCR (G protein-coupled receptor) therapies, with eight promising biotechs acquiring funding to fortify their pipelines. These biotechs are working on various GPCR-targeted drugs to address numerous diseases, including neuropathic pain, cancer, and metabolic disorders. The market for GPCR drugs is expected to grow significantly,…
ABGA, a leading Web3 gaming club, has announced a partnership with Animoca Brands to co-host the Kaia Demo Day. This collaborative event aims to showcase innovative projects within the Kaia Ecosystem, promoting the adoption of Web3 technology and accelerating ecosystem innovation. The partnership will leverage ABGA’s Web3 resources and Animoca Brands’ technical expertise to support…
Amazon has launched a new store called Amazon Haul, which offers discounted, mass-produced items, mostly shipped from China. This move is seen as a response to the popularity of low-cost retailers like Temu and Shein. Despite controversy surrounding these companies, they remain popular among Gen Z consumers. Amazon claims to screen sellers and offer free…
Nanotechnology is transforming the healthcare industry with its potential to revolutionize drug delivery, diagnostics, and treatment of various diseases. Eight companies, including Sona Nanotech, Nanobiotix, and ARIZ Precision Medicine, are at the forefront of this revolution, developing innovative nanotechnology-based solutions for cancer treatment, autoimmune diseases, and other conditions. These companies are leveraging nanotechnology to create…
A massive data breach at American retailer Hot Topic has compromised the personal data of 57 million customers. The stolen information includes email addresses, physical addresses, phone numbers, purchases, genders, and dates of birth, as well as partial credit card data. The breach occurred on October 19 and was claimed by a threat actor operating…
The biopharma industry is in need of talented minds to take promising pipelines to the clinic and beyond. Venture capitalists have nominated prominent founders and entrepreneurs in the biotech industry who are committed to bringing potentially life-changing treatments to market. These entrepreneurs have proven their expertise in hitting milestones, be it in the lab or…
The tech industry is experiencing a significant wave of layoffs, with over 130,000 job cuts across 457 companies in 2024 alone. Major players like Tesla, Amazon, Google, and Microsoft have all conducted sizable layoffs in the first months of the year. Smaller startups have also seen significant cuts, with some even shutting down operations altogether….
A new wave of biomimicry companies is harnessing the power of nature to develop innovative treatments for various diseases. By studying the properties of plants and animals, these companies are creating novel therapeutic targets and drugs that mimic natural protective mechanisms. From tick saliva to snake venom, these biomimicry companies are unlocking the secrets of…
Nintendo, the Japanese gaming giant, has announced that its upcoming console will be backwards compatible with games from the Switch. This means that customers will be able to play their existing Switch games on the new console. The company’s president, Shuntaro Furukawa, stated that this decision was made to allow customers to enjoy their existing…