Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Associated Press December 12, 2018 Stocks couldn’t hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose. That helped reverse some of the market’s big losses from the week before.Stocks initially rallied after The Wall Street Journal reported that China’s government could make changes to its ‘‘Made in China 2025’’ economic development plan. That could be one step toward easing the dispute between the world’s two largest economies. The Dow Jones industrial average surged as much as 458 points in morning trading, but gave later back much of that gain.‘‘Any time you get some semblance of good news on trade, you’ve had this tendency to see a pretty sharp rally,’’ said Liz Ann Sonders, chief investment strategist for Charles Schwab. … [Read more...] about Wall Street ends higher, with help from tech and health care stocks
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Wall Street ends higher with help from tech and health care
By Marley Jay, Associated Press | PUBLISHED: December 12, 2018 at 1:42 pm | UPDATED: December 12, 2018 at 1:51 pm NEW YORK — U.S. stocks couldn’t hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose. That helped reverse some of the market’s big losses from the week before. Stocks initially rallied after the Wall Street Journal reported that China’s government could make changes to its “Made in China 2025” economic development plan. That could be one step toward easing dispute between the world’s two largest economies. The Dow Jones Industrial Average surged as much as 458 points in morning trading, but gave later back much of that gain. “Any time you get some semblance of good news on trade, you’ve had this tendency to see a pretty sharp rally,” said Liz Ann Sonders, chief investment strategist for Charles Schwab. After taking steep losses at the end of last … [Read more...] about Wall Street ends higher with help from tech and health care
Nvidia Inception’s AI health care startups cover neural interfaces to better MRI
More than 200 artificial intelligence startups applied for Nvidia’s Inception contest, which seeks to identify the best AI startups in key areas. The company created the program to find new uses for its graphics processing units (GPUs), but it’s also hoping these startups will change the world. So far, the company has identified more than 2,800 AI startups over the years through Inception. I listened to pitches from 12 finalists in a Shark Tank-styled judging event last week. Each contestant is competing to be one of three finalists to share the $1 million prize pool. “We’re trying to enable our ecosystem of deep learning neural networks,” said Nvidia CEO Jensen Huang, as he introduced a panel of four judges. The 12 semi-finalists gave their eight-minute pitches, six finalists were selected, and the final winners will be picked at the company’s GPU Technology Conference on March 27 in San Jose, California. The pitches ranged … [Read more...] about Nvidia Inception’s AI health care startups cover neural interfaces to better MRI
HP launches sanitizable laptops and displays for health care
HP is announcing a new line of sanitizable and secure laptops, displays, and all-in-one desktops aimed at health care workers in hospitals and clinics. The new laptops are designed to be easily cleaned with germicidal wipes, without the worry that moisture will damage the electronics. The products address the problem of health care-associated infections (HAIs), which result in 1.7 million illnesses in the U.S. each year — and 99,000 deaths. The security aspects of the new products address the problem of health care data breaches, which cost $6.2 billion a year, according to market researcher Protenus. The laptops have integrated radio frequency identification (RFID) readers for single sign-on authentication, allowing workers to sign in by tapping their badges on the laptop’s touchpad. It also has fingerprint identification. HP announced the products at the HIMSS18 health care event. Above: HP laptops can be activated with a hospital identification tag.Image Credit: HP Reid … [Read more...] about HP launches sanitizable laptops and displays for health care
4 predictions for health care IT 2018: steady as she goes
In my final post for the year, I look at what’s ahead in 2018 for health care IT. As I write this, questions remain on the future of the Affordable Care Act (ACA). After having failed twice in its efforts on an outright repeal of the ACA, the current administration is coming at it through tax reform. The proposed new tax policy will remove the individual mandate, and will almost certainly target entitlements such as Medicare and Medicaid in their efforts to close the budget deficits arising from tax breaks.Most of the predictions I had made this time last year have played out the way I had outlined them. As I noted in my earlier predictions, the steady increase in cloud adoption ( estimated by Frost & Sullivan to be a $10 billion market by 2021), and the continued focus on IT security will be par for course in 2018. For the rest, I will refresh my position in light of the developments over the course of 2017.Data will occupy center-stageIn my new book The Big Unlock, some of … [Read more...] about 4 predictions for health care IT 2018: steady as she goes