MFine raises $16m from new and existing investors led by Heritas Capital

first_imgMFine raises $16m from new and existing investors led by Heritas Capital By EH News Bureau on January 18, 2021 Read Article Phoenix Business Consulting invests in telehealth platform Healpha Alteria CapitalBEENEXTHeritas CapitalmfineSBI InvestmentSBI Ven CapitalY’S Investment Menopause to become the next game-changer in global femtech solutions industry by 2025 MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Comments (0) The missing informal workers in India’s vaccine story Finance Healthcare IT News Startups Strategy Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals Adoption of AI/ML can disrupt healthcare services Related Posts Spurred by increased adoption of digital health in India midst COVID-19 pandemicDigital health startup MFine has raised $16 million in a new funding round led by Heritas Capital with participation from Singapore-based family office of Y’S Investment. Existing MFine investors including SBI Investment, SBI Ven Capital, BEENEXT and Alteria Capital have also followed-on in the round. The oversubscribed round wraps up a strong year for MFine with the company achieving 10x growth amidst exponential adoption of telemedicine and digital health in India in 2020.The company release points out that the COVID-19 pandemic has supercharged global funding activity in digital health in 2020. In 2020, telemedicine was the top-funded category and led VC funding activity with $4.3 billion, a 139 per cent YoY increase compared to $1.8 billion in 2019. Global venture capital funding in digital health came to $14.8 billion, a 66 per cent increase compared to $8.9 billion in 2019, according to Mercom Capital’s annual report on funding and mergers and acquisitions (M&A) activity for the digital health sector for 2020.With this fresh funding, MFine plans to reinforce its leading position in delivering an AI-driven, on-demand healthcare service across India, and aims to be one of the largest virtual hospitals in the world with services across primary care, secondary care and chronic care management in collaboration with its trusted partners. MFine will deploy the funds towards tripling its investments in AI, mobile engineering and device integration; expanding its hospital network across the country; scaling the recently launched services which include delivering medicines, preventive health screenings and diagnostic tests. The company will also initiate Series C fund-raising in the coming months.The COVID-19 pandemic, subsequent lockdown measures and the release of Telemedicine Guidelines by Government of India have led to the widespread adoption of telemedicine in India. A new standard for digital health services including health IDs, personal health records, Digi Doctor and a health facility registry has also been announced in August 2020 under the National Digital Health Mission (NDHM) to support universal health coverage for India’s citizens.As per the release, since COVID-19, more than one million users have utilised MFine’s platform to teleconsult with doctors on chronic conditions such as diabetes and arthritis and acute illnesses including viral infections, and for varying services including diagnostics, health checks, radiology and e-pharmacy.“The year 2020 has been very significant for us. During the pandemic, with the introduction of strict lockdowns and social distancing measures, we found ourselves in a unique position to help millions of people with access to essential healthcare services. We are seeing incredible traction on the provider and consumer side. Our vision of digital health as a solution to scale quality healthcare delivery has been accelerated by two years. The entire ecosystem is now on an accelerated transformation with the Indian government also introducing the National Health Stack. India is on the cusp of redefining healthcare delivery, and we are actively engaged in shaping and leveraging this big shift,” said Prasad Kompalli, Co-founder & CEO, MFine.In 2020 MFine expanded its geographical coverage beyond physical boundaries of the cities to serve people from over 1,000 towns in India and launched several new services such as AI-based self-assessment of various health conditions, long term care programmes for chronic conditions and membership to offer benefits on all the services for its direct consumers and also corporates.“MFine has developed a compelling solution that has proven to be highly impactful during this pandemic to ensure continued and trusted access to quality and affordable healthcare services. We believe that MFine’s collaborative partnership model with hospitals and doctors powered by the application of AI will enable smart optimization of limited healthcare resources to address unmet needs throughout India and beyond,” said Chik Wai Chiew, CEO and executive director, Heritas Capital.“This is a great example of how mobile connectivity and advances in technology can aid in providing primary health care to millions of people. We see huge potential MFine’s state-of-the-art AI and mobile technology platform and its ability to scale beyond India as COVID-19 has accelerated the use of telemedicine and digital health in India and other regions in SEA,” Yoshitaka Kitao, representative director and chairman, SBI Investment.“MFine has pioneered the access to top-class, trusted medical care in India. Despite 2020 being a difficult operating year, the MFine team has demonstrated its strong execution capability to add new capability, launch new offerings, accelerate traction while achieving strong economics. We are excited to continue backing the MFine team to create a large, world class healthcare company with deep positive impact,” said Teruhide Sato, founder and managing partner, BEENEXT. Share Add Commentlast_img read more

ODPEM Shifts Focus from Preparedness to Mitigation

first_img By ALECIA SMITH, JIS Reporter Advertisements RelatedODPEM Shifts Focus from Preparedness to Mitigation ODPEM Shifts Focus from Preparedness to Mitigation EnvironmentJune 2, 2011 RelatedODPEM Shifts Focus from Preparedness to Mitigation RelatedODPEM Shifts Focus from Preparedness to Mitigation FacebookTwitterWhatsAppEmail KINGSTON — Director General of the Office of Disaster Preparedness and Emergency Management (ODPEM), Ronald Jackson, has said that the agency is shifting major focus from preparedness to risk reduction, as a means of building disaster resilient communities. “We have recognised that we have to change the focus, we’ve recognised that we have to shift the dialogue from this matter of ‘are we prepared for a hurricane or an earth quake or a tsunami.’ (This is) very important to discuss, but I think what we need to do, as a people, is to stop chasing an arbitrary figure of preparedness,” he said. Mr. Jackson was speaking at a press conference yesterday, at ODPEM, Haining Road, New Kingston to discuss plans for Disaster Preparedness Month. He noted that very limited resources can no longer be used to purchase relief supplies for large numbers of persons residing in disaster prone communities, as this is not sustainable. The focus now has to be on reducing the number of persons in vulnerable situations. Mr. Jackson said that ODPEM has been working to foster sustainable partnerships in disaster mitigation at the agency level and, more importantly, at the community and parish level. He noted that the agency has been collaborating with local authorities to manage the disaster response process and build their capacity. “We need to create the social demand for change. That’s what we’re about. What we have been doing with our key partner agencies, in relation to this building of disaster resilient communities, is to educate, inform, build capacity to change attitudes, ultimately, to change the culture and to have a culture of safety,” he said. He added that the agency has been focusing on risk reduction in 310 communities, ranked as highly vulnerable to natural disasters. “Some of these communities have been targeted by us in the last three years and we’re in the final run of that three-year targeting. Again, moving away from this concept that we look at preparedness as something thatwe do in a given year, we have been programming strategically for three years, to try and address the issue of vulnerability and risk, as well as building capacity at the community level,” the Director General said. “Our focus with these communities, has been to develop emergency response plans, form emergency teams within the communities and to identify and implement community mitigation projects,” he added Mr. Jackson said that the overall goal in the medium term is that all 310 communities become resilient and work with the local authorities and central government, in a networked system, to ensure that there are sustainable long term prevention measures implemented for all hazards. June 1 marks the start of the Atlantic Hurricane Season and is being observed in Jamaica as Disaster Preparedness Month, under the theme: ‘Building Disaster Resilience…Our First Line of Defence’.last_img read more

Hospitality Students Urged to Adopt Right Attitude for Industry

first_imgAdvertisements Minister of Education, Hon. Rev. Ronald Thwaites is encouraging students who wish to enter the field of hospitality and tourism to adopt the kind of positive attitude, which will encourage visitors to return to the country.Minister Thwaites, who was addressing the opening ceremony for the School of Hospitality and Tourism Management (SHTM) Research and Exhibition Day at the University of Technology (UTech) on Thursday, March 27, emphasised that the right attitude can influence whether visitors return to the island.He pointed out persons do not have to “go to extreme lengths”, but a simple “smiling face and a pleasing personality” can make a significant difference, and have a lasting impact visitors.The Minister congratulated UTech for its work to prepare students with the qualities required for the industry, noting that “this is exactly the kind of engagement that the Government of Jamaica wants UTech to expand in.”He further lauded the SHTM on hosting the event, expressing his satisfaction with several of the research topics, including exploring the use of sweet potato. This he said, is a key area of research, which would assist in reducing the cost of importing food for the school feeding programme, which costs $4 billion per year.The Minister said he was also impressed with other innovative research areas such as the creation of a diabetic restaurant; revamping and rebranding national heroes park as a major visitor attraction in downtown Kingston; introduction of a spa on Goat Islands; and the creation of a state-of-the-art sport and wellness resort.The exhibition, which was planned and executed by final year students of SHTM, showcased research findings.The event was also held as part of the College of Business and Management’s annual ‘Celebration of Excellence, designed to showcase and promote excellence among students and staff and. This is aimed at advancing the culture of excellence in scholarship, research and entrepreneurship, at the University. RelatedTrelawny School Receives Assistance from Japanese Government Hospitality Students Urged to Adopt Right Attitude for Industry EducationMarch 28, 2014Written by: Alecia Smith-Edwards FacebookTwitterWhatsAppEmail center_img Story HighlightsMinister of Education, Hon. Rev. Ronald Thwaites is encouraging students who wish to enter the field of hospitality and tourism to adopt the kind of positive attitude.Minister Thwaites, who was addressing the opening ceremony for the School of Hospitality and Tourism Management (SHTM) Research and Exhibition Day at UTech.The Minister congratulated UTech for its work to prepare students with the qualities required for the industry. Related4-H Clubs Promote Sustainable Agriculture RelatedJapan Funds Renovation of Clarendon Skills Training Centrelast_img read more

NYS Hails Public-Private Partners

first_imgAdvertisements Photo: JIS PhotographerExecutive Director of the National Youth Service (NYS), Melvin Smith, emphasizes a point as he addresses a Jamaica Information Service (JIS) Think Tank held on Tuesday (Dec. 16), at the agency’s head office in Kingston. NYS Hails Public-Private Partners CultureDecember 18, 2014Written by: E. Hartman-Reckord FacebookTwitterWhatsAppEmail Story HighlightsExecutive Director of the National Youth Service (NYS), Melvin Smith, is hailing the various public and private sector entities that are supporting its youth employment programmes, which are providing valuable work experience and skills training for thousands of young people across the island.Citing the Graduate Work Experience Programme (GWEP), launched in February 2013, he informed that 60 per cent of participants were placed in the private sector and 40 per cent in the public sector.Mr. Smith said there is also strong support for the NYS’ annual Summer Programme, which places high school students in various entities for three weeks during the months of July and August. RelatedYoung People Urged to Create Their Own Jobscenter_img RelatedOCR Calls for Partnerships to Protect Children RelatedNYS to Help Intellectually Disabled Young Persons NYS Hails Public-Private PartnersJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay Executive Director of the National Youth Service (NYS), Melvin Smith, is hailing the various public and private sector entities that are supporting its youth employment programmes, which are providing valuable work experience and skills training for thousands of young people across the island.Speaking at a JIS Think Tank on Tuesday (December 16), Mr. Smith said the collaboration with the entities has been a success.Citing the Graduate Work Experience Programme (GWEP), launched in February 2013, he informed that 60 per cent of participants were placed in the private sector and 40 per cent in the public sector.“There is one well-known corporation that took 25 of our GWEPs…and we have those kinds of partnership developing,” Mr. Smith noted.The GWEP is geared towards providing college graduates with the necessary work experience to increase their chances of finding employment. It is open to graduates 17 to 24 years, who possess a first degree or an associate degree and who have minimal or no work experience in their area of study.Mr. Smith said there is also strong support for the NYS’ annual Summer Programme, which places high school students in various entities for three weeks during the months of July and August.He informed that a company in the hospitality industry “took on about 60 participants during last year’s Summer Programme and they doubled that this year.”“So, we are developing those partnerships and they are growing and we are very pleased that the NYS is legitimising itself by the work we do and by the people we associate and partner with, and we are looking to just expand on that over the next three years,” he said.Mr. Smith said the youth organisation also received support for its entrepreneurship competition, “The Pitch”. The initiative, held earlier this month, was the culmination of the NYS’ Entrepreneurship Programme in which participants were coached and engaged for six months in business planning and management activities.“The funding we were able to hand over to the three winners came from three partners, the Development Bank of Jamaica…Jamaica Money Market Brokers and their foundation and we also got funds from the Caribbean Microfinance Forum. So, it is a broad portfolio of partners,” he informed.Chair of the NYS Board of Directors, Maureen Webber, who also addressed the Think Tank, said the organisation is developing new products and services for the development of young people and will be seeking increased support from the public and private sector partners.“I think that what we do at the NYS now…we are going to approach private sector firms and we are going to say, ‘We want to partner with you to do what you did last year,’ Ms. Webber said.last_img read more

Year in Review Part 2: May

first_imgMAYLocal businesses were celebrated for their love of the environment at the 24th annual Sustainable Quality Awards. The awards, produced in a partnership with the Chamber of Commerce and SustainableWorks, recognized local businesses that have successfully put sustainability practices into effect. Awards were given out for Excellence in Economic Development, Excellence in Social Responsibility and Excellence in Stewardship of the Environment.Second generation restaurateur Chris Anderson took the helm at the beloved Chez Jay restaurant.Santa Monica’s Broad Stage began its 12th season. Staff said the organization has seen its performance slate grow exponentially in the past decade and those years of experience are now bearing fruit with a performance slate that is adapting to the needs of locals.Santa Monica College hosted a weeklong series of free panels, walking tours and a screening investigating how to prevent displacement in gentrifying neighborhoods. The eighth annual Public Policy Institute spring symposium began with a walk through the Pico neighborhood, where gentrification has become a concern for longtime residents in recent years.A ridesharing service for seniors and people with disabilities raised fares for the first time in two decades and capped the number of trips members can take each month. The Big Blue Bus replaced the Dial-a-Ride program with a partnership with Lyft that doubled the number of rides taken each day under the same $600,000 budget and $0.50 one-way fares. BBB director Ed King said it was time to raise the fare to $2 to sustain the fast-growing program.Hate crime in Los Angeles County rose 32 percent between 2013 and 2017, according to the county’s Commission on Human Relations. Experts discussed local, state and national hate crime data at a hearing hosted by California State Assemblymember Richard Bloom.More than 50 families with children born prematurely celebrated national Parents of Preemies Day by enjoying a magic show, a bounce house, face painting and other activities at UCLA Medical Center. Parents of children born prematurely – of all ages – connected with other families and sharing information about their journeys.The 18th Street Arts Center held its inaugural gala fundraiser event. The event, held at La Residence de France in Beverly Hills (the home of the French Consulate General of Los Angeles), celebrated the art center’s 30th anniversary and had a fundraising goal of $100,000 to support the center and its programs.Four new proposed buildings will add 124 affordable apartments and 92 market-rate apartments to downtown and Ocean Park. Three buildings restricted for low-income households will rise at 2120 Lincoln Blvd., 1514 7th St. and 1238 7th St. A market-rate building will be constructed at 1425 5th St., with its required affordable units included in the 1514 7th St. project. The buildings on 5th and 7th Streets will include stores or restaurants on their ground floors.The city of Santa Monica hosted a celebration for Santa Monica’s Most Loved Businesses. Voters make their choices during the annual Most Loved competition in February and the winners are announced in partnership with several organizations including the Chamber of Commerce, local business districts, Buy Local and the Santa Monica Daily Press.Bird Rides Inc. introduced a new electric scooter model in Santa Monica and Los Angeles that riders can buy outright. The Bird One, which is available in black, white and rose for $1,299, is more durable than the five models Bird has previously deployed. The model is available to rent locally.The owners of the Shore Hotel were hit with a record $15.58 million fine for constructing a high-priced hotel after initially obtaining a permit for a property with moderately priced rooms, in what state officials called a “bait-and-switch” building scheme. Sunshine Enterprises violated a state law that enshrines public access to beach areas, according to the Coastal Commission.Le Petit Cafe closed after 25 years in business. The owner said the landlord would only offer a month-to-month lease, which would have created large increases in costs.E-scooter riders were included in a Santa Monica Police Department enforcement sweep alongside drivers, bicyclists and pedestrians for the first time. Officers were looking for traffic violations made by all four groups that put others at risk, including speeding, failing to stop for signs and signals, making illegal turns and failing to yield to pedestrians.Santa Monica’s tourism industry shrunk slightly in 2018 after several years of sustained growth, with total visitor spending falling 1.4%. Visitors spent $1.93 billion in 2018, a slight decrease from a peak of $1.96 billion in 2017. Spending has still grown 18.4% in the last five years, however, and it generated significantly more tax revenue for the city of Santa Monica last year.The Santa Monica College Board of Trustees voted unanimously to adopt goals aimed at aggressively combating racial inequities among students. A new state law, AB 1809, Chapter 33, requires all colleges to set goals for the number of students who earn degrees or certificates, transfer to four-year colleges, or find employment in their field of study. The board voted to go beyond the minimum numbers required by the Chancellor’s Office in their plan, known as the Vision for Success Goals.About half of scooter and bicycle riders used the devices to replace a car trip but locals made up only 35% of total trips in Santa Monica, according to the results of a survey tracking usage of e-scooters and on-demand bike rentals. Many people who ride e-scooters and e-bikes in Santa Monica are young (42% are between 25-34), male (69%) and affluent (37% reported income over $100,000), according to a survey.Only 46 apartments were built in Santa Monica last fiscal year and just two of those were affordable, according to a report the city of Santa Monica released. There have only been two other years where less than two affordable units were completed since local voters approved Proposition R in 1990. The measure requires 30 percent of all new multifamily housing to be affordable to low- and moderate income households. Although 38 percent of all construction since then has been affordable, Santa Monica has not met the requirement on an annual basis since 2014.The Bungalow hosted a weekly event with KCRW DJs and food trucks throughout the summer. The Night Market series kicked off with performances by Grammy Award-winning artist Macy Gray and DJ Jeremy Sole.Santa Monica saw 147 fewer serious crimes in the first four months of this year compared to the same period last year, an almost 8% drop, according to the Santa Monica Police Department.The Venice Family Clinic Art Walk returned for its 40th anniversary this weekend, an event that featured studio tours, live music, a beer and wine garden, food trucks, hands-on art workshops, a family fun zone and more. The crux of the Art Walk is a silent art auction that showcased the works of over 200 artists. Proceeds from the auction support Venice Family Clinic’s health care services at 12 locations and contribute to homeless outreach across Los Angeles.A battle over the landmark status of two century-old sycamore trees in Wilmont culminated in a promise from City Council to develop a local law that protects trees on private property but not a landmark designation for those specific trees.CVS filed paperwork to open a new store at the corner of 5th Street and Wilshire Boulevard in the former Whole Foods building. The store occupied the current 15,375 square foot property with no changes to the floor area or square footage.Consumers spent about 17% less on goods and slightly more on restaurants and hotels last holiday season compared to the year before, according to a report from the city of Santa Monica on quarter four sales. Although retailers struggled, taxable sales were up 2.3% overall from October through December compared to the same period last year.A group of Westside philanthropists pledged more than $170,000 to three local nonprofits that help young adults who have aged out of foster care, teach science to girls in underserved communities and offer design work to people recovering from addiction. The Sustainability, Accountability, Movement Initiative was founded in 2013 by Mindy Freeman and brings together women to pool their financial resources to fund programs in Los Angeles.SMMUSD’s Project Based Learning campus — located at Olympic High School at 721 Ocean Park Boulevard — was named after former president Barack Obama and his wife, Michelle Obama, dubbing the space The Michelle and Barack Obama Center for Inquiry and Exploration.A development that will provide 56 affordable apartments for seniors downtown moved forward. The Architectural Review Board discussed the design of a seven-story apartment building with ground-floor commercial space planned to rise on a vacant lot at 711 Colorado Ave. The project from WS Communities has been in the works for almost two years. WISE & Healthy Aging has signed on to provide services to the building’s residents.The city of Santa Monica approved $8.3 million in funding for a new affordable housing development at 14th and Michigan by developer EAH Housing. Total costs for the project are estimated at $29.5 million and the money approved by City Hall is for land acquisition, closing and predevelopment costs. An additional round of city funding is expected once permits for the project are in process with a total projected contribution of about $14.8 million.In spite of injuries, Santa Monica College men’s swimming and diving team placed seventh at the State Championships. The Corsairs won second place in the 400-medley relay, and third in the 200-medley relay. All five freestyles were All-American. Oliver Kabilka won third place in the 100- meter butterfly. Colin Casey won second place in the 100- meter butterfly and first place in the 200-meter butterfly.The city of Santa Monica filled 31 openings on 14 boards and commissions. There were annual appointments available for the Airport Commission (2), Architectural Review Board (1), Arts Commission (3), Audit Subcommittee (1), Commission for the Senior Community (2), Commission on the Status of Women (2), Disabilities Commission (2), Housing Commission (2), Personnel Board (1), Planning Commission (3), Recreation and Parks Commission (1), Santa Monica Library Board (1), Social Services Commission (3) and the Urban Forest Task Force (7).The city of Santa Monica recognized 12 businesses for their work in reducing traffic. The 12 businesses receiving awards were Pacific Park, the Carlthorp School, Santa Monica College, Snyder-Diamond, Enterprise Fish Co, Gateway Hotel, Rubin Postaer & Associates, T.J. Maxx, Hulu,, Abercrombie & Fitch and the Jonathan Club.Tacotopia brought larger-than-life Mexican food-inspired art installations and of course, tacos, to the Third Street Promenade. The exhibit featured photo ops with such Instagram-ready items as a taco teeter totter, human-sized guacamole bowls, avocado chairs, a Shiva-like taco god holding tacos, a Jarritos lucha libre ring and more.10-year old Stella Harris co-authored a book ‘Stella Rose and the Sea Dragon’. The children’s book is an allegorical tale about a young girl named Stella Rose and chronicles how Stella (both real and fictional) overcame her fear of riding a big kid ride at the Santa Monica Pier while becoming friends with a green Sea Dragon. The book was co-written by Stella’s father, Santa Monica Pier historian James Harris and illustrated by Michael Baily.David Carrillo, 32, of Los Angeles, was convicted on one count of second-degree murder in connection with a 2015 murder that ended with a police standoff in Santa Monica. Carrillo was sentenced to more than 15 years to life in state prison.About 50 Santa Monica residents gathered at the Santa Monica Civic Auditorium to debate updates on Single-Unit Residential (R1) zone district development standards. The community open house was the second of three held by the City of Santa Monica to receive feedback on options for revised codes in six areas: maximum parcel coverage, upper-level outdoor space, retention of existing homes, parking, building height limit, and setbacks.Santa Monica-based Vinesmoke launched offering pre-packaged wood clippings from vineyards. The wood can be used for grilling or smoking and the practice has its literal roots in the European wine industry where the annual pruning of grape vines would create a surplus of vineyard wood that locals used for cooking.City Council adopted the Climate Action & Adaptation plan, which is designed to move the city toward carbon neutrality by 2050 or sooner. Staff estimate the plan’s total cost will be about $800 million, including over $383 million in funding that has already been committed over the past two biennial budget cycles to support projects for climate action and adaptation strategies.A mural at 26th Street and Wilshire Boulevard was removed. The mural lost its landmark status last year and the property owner has said all artwork on the site will be relocated to facilitate its redevelopment.Santa Monica could combat the loss of its housing supply by prohibiting developers from replacing rent controlled apartment buildings with single-family homes and small condominiums, according to a City of Santa Monica report. Developers are buying small rent-controlled buildings and making swift use of the Ellis Act, a 1985 state law that allows landlords to evict tenants if they want to get out of the rental business, to replace them with single-family homes, duplexes or triplexes, capitalizing on Santa Monica’s skyrocketing home prices and eroding the city’s housing stock.Volunteers working on the Arlington West veterans’ memorial were attacked on Memorial Day by a homeless man who destroyed part of the display and sent one volunteer to the hospital. David Wilfong, 36, homeless, was charged with assault with a deadly weapon, elder abuse and mayhem for the May 27 incident. He was arrested at the scene by the Santa Monica Police Department.A proposed educational garden and kitchen at 4th Street and Montana Avenue will be able to hold frequent classes and fundraisers despite concerns from neighbors about noise, light and traffic. City Council voted unanimously to double the number of small events the Rainbow Garden will be allowed to hold, rejecting an appeal from residents that asked the garden to hold only classes and fundraisers, go dark by 9 p.m. on weeknights and 10 p.m. on weekend nights, and close on weekends and holidays.The bulk of new spending in the city of Santa Monica’s proposed budget will go toward improving transportation and fighting climate change. The biennial budget City Manager Rick Cole released proposed spending $38 million on various mobility projects and $29 million on water sustainability and electric vehicle charging next fiscal year. Under the proposed budget, the city would also spend $4 million on park safety enhancements, a criminal prosecution case management system and a staging facility for the Santa Monica Police Department. Financial assistance for rent-burdened seniors and expanding the waitlist for affordable housing would cost $2 million.Tags :CVSdevelopmentSanta Monica Collegesmcsmmusdtrader joe’sshare on Facebookshare on Twitteradd a commentYear in Review Part 2: JuneHouses of worship attacked with deadly frequency in 2019You Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall7 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter18 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor18 hours agoNewsBruised but unbowed, meme stock investors are back for moreAssociated Press18 hours agoNewsWedding boom is on in the US as vendors scramble to keep upAssociated Press18 hours agoNewsCouncil picks new City ManagerBrennon Dixson18 hours ago HomeFeaturedYear in Review Part 2: May Dec. 25, 2019 at 6:05 amFeaturedNewsYear in Review Part 2: MayMatthew Hall1 year agoCVSdevelopmentSanta Monica Collegesmcsmmusdtrader joe’sA Rainbow Garden render. This is part two of our annual Year in Review. SMDP staff have summarized the year’s news as was covered on the front page of the paper. Part three, covering the final four months of the year, will run in the paper of Dec. 26.last_img read more

Telefonica O2 UK is no longer for sale

first_img AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 30 JUN 2016 Related Telefonica bolsters blockchain security Telefónica refuerza la seguridad de las cadenas de bloques Saleha Riaz Telefonica will consolidate its UK subsidary back into its next financial statement, indicating it no longer plans to sell the unit, following last month’s decision by the EC and stock market volatility post Brexit.The operator said that when it publishes its results for the first half of 2016 on 28 July, its UK operations will no longer be reported as discontinued operations.Plus, the unit’s assets and liabilities will cease to be reported as “held for sale” and will be reclassified back into full consolidation within its financial statements.“Telefonica continues to explore different strategic alternatives for O2 UK, to be implemented when market conditions are deemed appropriate,” it said in a statement.The EC had blocked a £10.5 billion bid from CK Hutchison in May citing “strong concerns” over the deal’s impact on UK customers, and a potential harm to “innovation in the mobile sector”.The decision followed an in-depth investigation, which would have seen a tie-up of Telefonica’s O2 and Hutchison’s 3UK operations, creating a new market leader in the country.Just last week it was reported that Telefonica was talking to banks about a flotation of O2 in the UK and that the Spanish company favoured a London listing and retaining a reduced stake in the business.Telefonica was said to be in talks with private equity groups interested in buying O2 in the UK and the report said raising funds from the UK business is an important part of Telefonica’s debt reduction strategy.A flotation was thought to be favoured by Telefonica UK CEO Ronan Dunne, who is overseeing the process for the Spanish company. However, Telefonica was reported to have had second thoughts regarding a sale or IPO following the Brexit vote. Market volatility would have potentially damaged returns. Home Telefonica O2 UK is no longer for sale Telefonicacenter_img Luz verde a la fusión entre Telefónica y Liberty Global en el Reino Unido Previous ArticleMWCS16 Keynote: KDDINext ArticleMWCS16 Keynote: Teddy Zee Español Saleha joined Mobile World Live in October 2014 as a reporter and works across all e-newsletters – creating content, writing blogs and reports as well as conducting feature interviews…More Read more Tags Authorlast_img read more

Stenson (66) builds one-shot lead at Wyndham

first_imgGREENSBORO, N.C. – Henrik Stenson kept his cool when some birdie chances turned into pars. That patience paid off late in his round. Stenson shot a 4-under 66 on Saturday to take a one-stroke lead in the Wyndham Championship. The 2013 FedEx Cup champion and 2016 British Open winner was at 16-under 194 at Sedgefield with a round left in the PGA Tour’s last regular-season event of the season. The Swede had four birdies on a five-hole stretch of the back nine to overtake Webb Simpson for sole possession of first place. ”It’s all about how you finish, I guess,” Stenson said. ”I came back strongly, great birdies coming home and right where we want to be.” Simpson, Kevin Na and Ollie Schniederjans were tied for second. Na shot a 65, Schniederjans had a 66 and Simpson – a North Carolina native who won on this course in 2011 – had a 68. Johnson Wagner was 14 under after a 65. ”Any time you’re within two or three of the lead, you know you’ve got a good chance,” Simpson said. ”And for more guys on tour, it’s not every week that you have a chance to win. Hopefully, I’m going to take advantage of it and come out and play a good, solid day.” Wyndham Championship: Articles, photos and videos Stenson was at even par through his first 12 holes. Then came the birdie binge he capped by sticking his second shot on the par-4 17th some 10 feet from the hole and converting that putt. He could have ended his round with another one, but pulled his 15-foot birdie putt wide right and settled for par. Still, his 72-hole score is second-best in tournament play at Sedgefield, surpassed only by Carl Pettersson’s 191 in 2008. ”Obviously, what I’ve done so far is working pretty well, and I’m playing the course the way I think it’s best for me,” Stenson said. ”And I just trying to keep on hitting a lot of fairways, and if you do that, you can set up a lot of birdie chances with mid to short irons.” Simpson – a local favorite who grew up in Raleigh, played in college at nearby Wake Forest and named his third child Wyndham after his first victory on tour came here – shared the 54-hole lead with Ryan Armour at 13 under. Simpson birdied his first hole, then reeled off 11 consecutive pars before briefly taking sole possession of the lead with birdies on the 13th and 15th holes. He sank a 20-foot birdie putt on No. 13 and two holes later, he settled for birdie after missing a 35-foot eagle putt on No. 15. Simpson could have caught Stenson on the 18th, but he pulled a 15-foot birdie putt left. Winless on tour since October 2013, Simpson admitted his drought is ”on my mind a little bit,” adding that he’s ”very hungry to win again, very hungry to compete week in and week out.” Schniederjans – a 24-year-old, third-year pro from Georgia Tech – is chasing his first victory on tour and his fifth top-10 finish of the year. After shooting a 63 on Friday and starting his round two strokes off the lead, he became the first to 16 under with his birdie on the par-5 15th, hitting his second shot into the primary rough but recovering by chipping to 10 feet and converting the putt. Then came trouble on the next hole. His tee shot on the par-3 16th landed in a low greenside bunker, and he stuck his chip into the rough just above the sand on his way to a bogey that dropped him back a stroke. Na – who hasn’t won on tour since 2011 – joined Stenson in making a big move on the back nine. He had birdies on Nos. 14, 15 and 17, landing his second shot inside of 10 feet. ”It’s been a while since I won,” he said, ”so I think I’m ready.”last_img read more

Flowering Plants and Common Descent

first_imgFlowering plants may have evolved 250 million years ago, more than 100 million years earlier than the oldest fossilised flowers so far found.Today, flowering plants — known as angiosperms — are the most diverse group of land plants. The oldest angiosperm fossils so far found are 135 million years old, and many researchers believe this is when the group originated. The fossil record suggests the group then became diverse by 130 million years ago.But how flowering plants became highly diverse so shortly after their emergence has long perplexed researchers, including Charles Darwin. The fossil record and genetics offer conflicting evidence, with the latter pointing to a much older origin.To take another look, Daniele Silvestro at the University of Fribourg, Switzerland, and his team analysed more than 15,000 fossils from around 200 different angiosperm families to create a more accurate timeline….The researchers found that their statistical analysis of the fossil record provides strong evidence that the oldest angiosperm may have appeared perhaps as early as 250 million years ago, during the very end of the Permian period — much earlier than the oldest known angiosperm fossil.That is because if a number of related fossils all appear between 135 and 130 million years ago, they must have evolved from a much earlier common ancestor not present in the fossil record. [Emphasis added.] Paul NelsonSenior Fellow, Center for Science and CulturePaul A. Nelson is currently a Senior Fellow of the Discovery Institute and Adjunct Professor in the Master of Arts Program in Science & Religion at Biola University. He is a philosopher of biology who has been involved in the intelligent design debate internationally for three decades. His grandfather, Byron C. Nelson (1893-1972), a theologian and author, was an influential mid-20th century dissenter from Darwinian evolution. After Paul received his B.A. in philosophy with a minor in evolutionary biology from the University of Pittsburgh, he entered the University of Chicago, where he received his Ph.D. (1998) in the philosophy of biology and evolutionary theory.Follow PaulProfile Share Email Print Google+ Linkedin Twitter Share If this accurately reflects the argument in the primary research paper, it provides a beautiful example of common descent as axiomatically true. Our Debt to the Scientific Atheists Evolution Flowering Plants and Common DescentPaul NelsonJanuary 29, 2021, 6:18 AM Jane Goodall Meets the God Hypothesis Origin of Life: Brian Miller Distills a Debate Between Dave Farina and James Tour Email Print Google+ Linkedin Twitter Share Congratulations to Science Magazine for an Honest Portrayal of Darwin’s Descent of Man “A Summary of the Evidence for Intelligent Design”: The Study Guide Photo: Lupinus pilosus, by Zachi Evenor, cropped by User:MathKnight, CC BY 3.0 , via Wikimedia Commons.From New Scientist: TagsangiospermsCharles Darwincommon descentDaniele Silvestroflowering plantsflowersfossil recordland plantsPermian periodresearchersUniversity of Fribourg,Trending A Physician Describes How Behe Changed His MindLife’s Origin — A “Mystery” Made AccessibleCodes Are Not Products of PhysicsIxnay on the Ambriancay PlosionexhayDesign Triangulation: My Thanksgiving Gift to All Recommendedlast_img read more

Ballymagroarty councillor says action is needed to tackle joyriding

first_img Pinterest Donegal hoteliers enjoy morale boost as bookings increase Google+ Consultation launched on proposal to limit HGV traffic in Clady Previous articleOverturned Artic blocks Bruckless to Killybegs roadNext articlePeople of Gweedore are losing patience with stalled Sewerage Scheme project admin Pinterest Ballymagroarty councillor says action is needed to tackle joyriding A Derry councillor is urging the PSNI to increase its presence in the Ballymagroarty area of the city following a number of joyriding incidents .Cllr Mickey Cooper says he was contacted by a number of residents yesterday morning with concerns about a burnt out car on the Aileach Road which runs through the area.Cllr Cooper says there have been a number of similar incidents in the area over the last few months, and while he wouldn’t says there is a systemic joyriding problem in the area, it is something which should be addressed………..Audio Player Up/Down Arrow keys to increase or decrease volume. 45 new social homes to be built in Dungloe Twitter WhatsApp Google+center_img By admin – December 14, 2015 Today is the 30th anniversary of Eddie Fullerton’s murder RELATED ARTICLESMORE FROM AUTHOR Facebook Disruption to cancer service will increase mortality – Oncologist Facebook Homepage BannerNews WhatsApp Twitter Hospitalisations rise as Donnelly suggests masks will stay ’til autumn last_img read more

Premium / Analysis: CMA CGM’s saving of Ceva is not by magic, there will be pain

first_img LOGIN Reset Your Password Please Login New Premium subscriber REGISTER Let’s set the record straight: Ceva Logistics hasn’t healed and it will take years before it shines, if it ever does.Yet the bears who insist the business is doomed – there are a few of them out there – and that losses are structural may well want to pay a bit more attention to its numbers and underlying financial trends, if they are confirmed through to 2020.Is the 3PL problematic? Yes, of course, after over a decade of mismanagement. A lost … By Alessandro Pasetti 02/12/2019 << Go back Email* Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium Email* Please either REGISTER or login below to continue Password* Premium subscriber LOGIN Forgotten your password? Please click here Resetlast_img read more