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Apple reportedly looking to subsidize Watch with Medicare plans

 

If nothing else, the addition of ECG/EKG reinforced Apple’s commitment to evolving the Watch into a serious medical device. The company has long looked to bring its best-selling wearable to various health insurance platforms, and, according to a new report, it’s reaching out to multiple private Medicare plans in hopes of subsidizing the product.

 

If Medicare companies bite, the move would make the $279+ tracker much more successful for older users. Along with electrocardiograph functionality, last year’s Series 4 also features fall detection, an addition that could make it even more appealing to the elderly and healthcare providers.

 

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Nokia to slash 350 jobs in Finland as part of cost cuts

The Nokia logo is seen at the Mobile World Congress in Barcelona, Spain, February 28, 2018. REUTERS/Sergio Perez

 

Finnish telecom equipment maker Nokia said on Tuesday it was going to cut 350 jobs in Finland as part of ongoing plans to find savings worth 700 million euros (US$800 million) by 2020.

 

HELSINKI: Finnish telecom equipment maker Nokia said on Tuesday it was going to cut 350 jobs in Finland as part of ongoing plans to find savings worth 700 million euros (US$800 million) by 2020.

 

"The planned changes are indispensable to secure Nokia's long-term competitiveness," head of the company's Finnish operations, Tommi Uitto, said in a statement.


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Seeking a solution for blockchain to reach Visa’s scale

 

Are you done with your Christmas shopping? Picture the exact moment when you were at the checkout counter – or page, if you were online – with your holiday haul.

 

If you paid for your purchases using Visa, about 4,000 other people around the world also did the same thing at that very second.

 

Visa can manage so many simultaneous users without a hitch because the company has a processing capacity of over 56,000 transactions per second – an ability that partly explains why its payment method has been broadly accepted. In comparison, blockchain platforms like Bitcoin and Ethereum have considerably less processing power, so they haven’t achieved the same scale of adoption.

 

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CES 2019: Chinese manufacturer Royole beats Samsung in bringing foldable phone to market

Shenzhen-based manufacturer Royole beats smartphone giant Samsung Electronics to bring a foldable phone to market with the FlexPai device. 

 

LAS VEGAS: Before Samsung Electronics could bring its foldable smartphone to the market, a Chinese manufacturer has beaten the South Korean tech giant to the punch. 

 

Shenzhen-based Royole Corporation is showcasing its FlexPai device - a smartphone and tablet hybrid - at the ongoing CES 2019 trade show, which uses the company’s patented flexible display called Cicada Wing to achieve the innovation. 

 

It has a 7.8-inch AMOLED flexible screen display that, unlike the current glass variant, is resistant to scratches and breakages, a company representative at its booth said on Tuesday (Jan 8).

 

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TecHour: AR and VR Space by TK Ng

Click here to watch the recorded event.

 

To kick of our new series, we have TK Ng, Founder and CEO of Sidefx Studios, he shared with us his experience as an entrepreneur in the animation and special effects and recently in the AR/VR space.

 

For the past two years, IMDA, Tan Tock Seng Hospital (TTSH) and Sidefx Studios have partnered to introduce VR in clinical training. The technology is being developed with medical professionals at TTSH and have yet to be implemented formally.

 

Users will put on a VR headset that will recreate a clinical environment, such as an emergency room with a patient on a bed. They can use a controller to pick up tools or view the patient's medical records. Surgical procedures via VR can be done in a team or individual setting.