Connect with us

Press Release

Exo Raises $220 Million As Hand-Held Ultrasound Race Heats Up

Published

on

exo aipowered 220m

As the race to be the first to provide hand-held ultrasound heating up, Exo has come out on top with its latest investment round of $220 million. We’ll examine what this means for the industry and how this could benefit healthcare providers and patients alike.

The Growing Trend of Handheld Ultrasound Devices
The use of handheld ultrasound devices is becoming more and more common among medical professionals. There are many reasons for this growing trend. First, handheld ultrasound devices are becoming more and more affordable. Second, they are much easier to use than traditional ultrasound machines. Third, the quality of the images produced by handheld ultrasound devices is improving all the time.

There are many different types of handheld ultrasound devices on the market today. Some of the most popular brands include the SonoSite M-Turbo, GE Vscan, Philips CX50, and Toshiba Nemio. Each of these brands has its own strengths and weaknesses. However, all of them offer a great way for medical professionals to get high-quality images without having to lug around a full-sized ultrasound machine.

One of the biggest advantages of handheld ultrasound devices is that they are much cheaper than traditional ultrasound machines. The SonoSite M-Turbo, for example, costs around $30,000. That may seem like a lot of money, but it’s actually very affordable when you compare it to the cost of a traditional machine, which can easily run into the hundreds of thousands of dollars.

Another big advantage of handheld ultrasound devices is that they are much easier to use than their larger counterparts. Most models only require one person to operate them, which makes them ideal for busy medical practices. Additionally, many models come with built-in software that makes it easy to get high-quality images without any

Changing Trends in Handheld Ultrasound Devices

The popularity of handheld ultrasound devices has grown in recent years, as has the number of companies producing them. Exo, a startup that makes a hand-held ultrasound device, has raised $8 million in funding to help it compete in this rapidly growing market.

Handheld ultrasound devices are becoming increasingly popular due to their portability and affordability. Their small size means they can be easily carried around and used in a variety of settings, including primary care offices, urgent care clinics, and even at home.

Their affordability is also making them more popular. Prices for handheld ultrasound devices have come down significantly in recent years, making them more accessible to a wider range of users.

Exo’s device is called the OmniScan, and it’s designed to be used by both medical professionals and consumers. The company plans to use the funding to further develop its product and expand its marketing efforts.

With more companies entering the market and competition increasing, prices for handheld ultrasound devices are likely to continue to fall. This will make them even more popular and allow more people to benefit from their use.

Exo Aipowered 220m $220 million

In May 2014, Exo raised $220 million in a Series B round of funding led by Kleiner Perkins Caufield & Byers. The company has now raised a total of $340 million.

Exo is developing a hand-held ultrasound device that it says will be much cheaper and easier to use than current devices on the market. The company was founded in 2012 by Mehmet Yigit (CEO) and Miki Kuwabara (COO), who met while working at getUWired, a web design company.

The funding will be used to continue developing the product, as well as to expand the team and build out the sales and marketing infrastructure. Exo is currently available for pre-order, with shipping expected to begin in late 2014 or early 2015.

What are Some of the Main Features of Exo’s Device?

Some of the main features of Exo’s device include its portability, affordability, and accuracy. The device is about the size of a smartphone and can be easily carried in a pocket or purse. It uses sensors to detect sound waves and then sends the data to an app on a connected device, such as a smartphone or tablet. The app then displays the images on a screen for the user to see.

The device is said to be much more affordable than traditional ultrasound machines, which can cost tens of thousands of dollars. Exo plans to sell its devices for around $2,000. The company says that its technology is also more accurate than other portable ultrasound devices on the market.

How to Navigate Challenges Faced by Handheld Ultrasound User?

There is no question that handheld ultrasound devices have revolutionized medical care. But as with any new technology, there are challenges that need to be addressed. Here are some tips on how to navigate the challenges faced by handheld ultrasound users:

1. Make sure you have a good understanding of the anatomy and physiology of the body part you are scanning. This will help you to better identify abnormalities and avoid potential errors.

2. Be aware of potential artifacts that can occur during scanning. These can include shadowing, reverberation, and side lobe artifacts.

3. Use patient positioning techniques to optimize image quality. This includes using proper bedding, pillows, and positioning pads.

4. Understand the limitations of your device. Do not attempt to scan beyond the capabilities of your machine or software application.

5. Stay up-to-date on advances in technology and software updates. This will help you make the most of your device and ensure that you are using it in the most effective way possible

RIS Review

Exo is on a mission to make ultrasound more accessible, affordable, and portable. The company has raised $10 million in seed funding to bring its hand-held ultrasound device to market.

The Exo ultrasound is designed for use in primary care settings and is FDA cleared for 13 applications including abdominal, cardiac, and obstetric imaging. The device has a suggested retail price of $9,995 and will be available in the US later this year.

The Exo ultrasound is unique in its design and pricing, but it’s not the only player in the hand-held ultrasound market. SonoSite, GE Healthcare, Philips Healthcare, and Siemens Healthineers all offer handheld ultrasounds that range in price from $5,000 to $20,000.

The hand-held ultrasound market is growing as demand increases for point-of-care diagnostic tools. This type of ultrasound can be used to quickly and easily diagnose a variety of conditions without the need for a traditional cart-based system.

With its competitive pricing and easy-to-use design, the Exo ultrasound has the potential to disrupt the hand-held ultrasound market.

Continue Reading

Press Release

Angry IT administrator destroys employer’s databases; sentenced to 7 years in prison

Published

on

Angry IT administrator destroys employer's databases; sentenced to 7 years in prison

Han Bing, a former database manager for Lianjia, a major Chinese real estate agency, was given a 7-year prison term for breaking into company computers and erasing data.

Bing is accused of carrying out the conduct in June 2018, when he reportedly accessed the company’s finance system using his administrator rights and “root” account and deleted all previously saved data from two database servers and two application servers.

Large elements of Lianjia’s operations were immediately crippled as a result, leaving tens of thousands of workers without pay for an extended length of time and necessitating a data restoration effort that cost about $30,000.

However, because Lianjia has thousands of offices, employs over 120,000 brokers, owns 51 companies, and has an estimated $6 billion market value, the indirect costs from the firm’s economic disruption were significantly more detrimental.

examination of the staff
H. Bing was one of the five primary suspects in the event involving the data deletion, according to records made public by the court of the People’s Procuratorate of Haidian District, Beijing.

When the administrator refused to reveal his laptop password to the company’s inspectors, suspicions were quickly aroused.

Chinese media outlets who reprinted portions of the disclosed documents explain that “Han Bing stated that his computer had confidential data and the password could only be handed to official authorities, or would only accept entering it personally and being present during the checks.”

The checks were solely carried out to evaluate the response of the five employees who had access to the system because, as the investigators testified in court, they knew that such an operation wouldn’t leave any records on the laptops.

Finally, the experts were able to pinpoint the activity to particular internal IPs and MAC addresses after retrieving access records from the servers. The inspectors even collected WiFi network logs and timestamps, which they afterwards compared against CCTV footage to validate their suspicions.

The forensic expert hired by the company concluded that Bing had wiped the databases using the “shred” and “rm” commands. Rm deletes the files’ symbolic links, whereas shred overwrites the data three times with different patterns to make it unrecoverable.

Unhappy employee?
Unexpectedly, Bing had regularly warned his employer and superiors about security flaws in the finance system, even emailing other administrators to express his concerns.

He was mostly disregarded, nevertheless, as the departmental administrators never gave their approval for the security project he wanted to oversee.

This was supported by the testimony of the director of ethics at Lianjia, who told the court that Han Bing frequently argued with his superiors because he believed his organisational suggestions weren’t valued.

A similar incident occurred in September 2021 when a former employee of a credit union in New York deleted approximately 21.3GB of records in a 40-minute rampage as retaliation for her managers terminating her.

Continue Reading

Press Release

Internet Explorer 11 support will no longer be offered by WordPress.

Published

on

Internet Explorer 11 support will no longer be offered by WordPress.

WordPress, the most well-known and widely used blogging platform, is thinking about removing support for Internet Explorer 11 when its usage falls below 1%.

WordPress has discovered that the cumulative usage of IE 11 is less than 1% using the following three metrics:

according to StatCounter’s GlobalStats, 0.71%.
from W3 Counter, 1.2%
from WordPress.com, 0.46%
When WordPress stopped supporting Internet Explorer 8, 9, and 10 in 2017, these usage figures were comparable.

WordPress plans to discontinue support for Internet Explorer 11 in the future due to the low number of users and the significant expense of maintaining the browser.

“Regarding the present WordPress user experience, the majority of WordPress users ought to be aware by now that a flag was introduced to BrowseHappy around 13 months ago to not recommend IE. In connection with this, the entire IE11 experience is subpar and comes with a significant maintenance cost for developers “Last week, WordPress clarified in a blog post.

WordPress is requesting feedback from individuals and organisations that still use the browser by March 18th in order to formulate their strategies for ceasing support.

WordPress is not the only platform to stop supporting IE 11.

Microsoft Teams’ web app will no longer be supported by Internet Explorer, and Microsoft 365 would stop supporting it on August 17, 2021, according to a 2020 August Microsoft announcement.

Continue Reading

Press Release

Major Canadian banks experience a bizarre, hours-long outage

Published

on

Major Canadian banks experience a bizarre, hours-long outage

Major Canadian banks fell unavailable for several hours, denying consumers access to e-transfers, online and mobile banking, and other services.

The Canadian Imperial Bank of Commerce, Scotiabank, Bank of Montreal, and Royal Bank of Canada (RBC) are among the institutions apparently affected by the outage (CIBC).

For many, online banking and e-Transfers are not working.
Yesterday, the main banks in Canada went offline, making it difficult for many people to access e-Transfers, online, and mobile banking services.

The number of reports of people experiencing problems accessing their online banking peaked on Wednesday between 5 and 6 p.m. Eastern time, while BleepingComputer is still receiving an influx of these reports today:

 

An RBC spokesman acknowledged that “we are currently having technical challenges with our online and mobile banking, as well as our phone services.”

“We have no ETA to offer at this time, but our specialists are looking into it and striving to fix it as soon as they can. We value your tolerance.”

Customers continued to report problems a few hours later, within 30 minutes of RBC declaring that all systems were operating normally:

Andrew Currie, an RBC client, stated that the disruption left him without “access to my money at the grocery store” and forced him to wait in line for the cash register for 30 minutes.

Customers of BMO also noticed that the bank’s “Global Money Transfer service” was unavailable “all day” and that transfers were being automatically denied without any apparent cause. Such customers were advised to contact customer care by a BMO representative.

Inconsistencies with their internet banking were not acknowledged by CIBC.

Customers were apparently locked out of the TD Bank mobile banking app, and customer support agents said they “haven’t been told of recent concerns with our online service through EasyWeb.”

According to a TD Bank representative speaking to BleepingComputer, the bank had no significant system issues or outages.

It’s unclear at this moment whether some people’s difficulties at the ATMs were caused by the outage. According to an RBC staffer, the customer experiencing ATM problems is using an old debit card:

Some transfers are subject to rules under the Emergencies Act.

Although the reason for the outage is unknown, its timing is very intriguing because it comes only a few days after Canadian Prime Minister Justin Trudeau used the Emergencies Act in the midst of ongoing “Freedom Convoy” rallies.

Deputy Prime Minister Chrystia Freeland detailed the new rules that payment service providers must follow in accordance with the recently implemented Emergencies Act on Monday during a press briefing on Parliament Hill.

Additionally, without a court ruling and without risking civil liability, the Emergencies Act gives banks the power to freeze the accounts of people and companies they believe to be connected to the illegal blockades.

However, as the Deputy PM notes, since banks are currently required to report to FINTRAC, it is still unclear how new legislation will cause a planned or unanticipated outage.

Continue Reading

Trending