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Fallout of political crisis: Sehat programme faces risk of closure in Punjab over non-payment of Rs83bn dues

The State Life Insurance Company (SLIC) has warned that it may have to close the Sehat Sahulat Programme in the Punjab region of Pakistan, due to the non-payment of Rs83bn ($536m) in pending liabilities. This warning undermines the former Prime Minister Imran Khan’s flagship scheme, which provides free treatment to 25 million families in 724 […]

Clearing a path for non-invasive muscle therapy for the elderly: Controlling inflammation enables injured aged muscle recovery via non-invasive mechanical loading, offering promise for the future of mechanotherapies for elderly patients.

Researchers at the Wyss Institute for Biologically Inspired Engineering and the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) have developed a non-invasive wearable soft robotic mechanism that can be tailored to the perfect force for age-related injuries treatment. Prompted by the discovery that mechanotherapy alone hinders the normal regeneration process of […]

A new technology boom is at hand

As legacy industries like manufacturing, transportation, logistics and healthcare undergo digital transformation, industry is set to enter a new golden age of technological innovation and investment, according to Rana Foroohar writing in the Financial Times. Venture capital firm Eclipse Ventures, which has $3.8bn invested in the digital transformation of physical industries, expects that additive manufacturing, […]

Apple staff reportedly express doubts about mixed-reality headset months ahead of launch

Apple employees are reported to have doubts about the readiness and potential success of the company’s upcoming mixed-reality headset, which is expected to launch in June at the Worldwide Developer Conference. While some staff have left the headset project citing their doubts, others question the gadget’s success as a $3,000 device. Apple reportedly demoed the […]

Silicon Valley Bank collapse: First Citizens to buy financial institution – National | Globalnews.ca

First Citizens, headquartered in North Carolina, will buy Silicon Valley Bank (SVB) in a deal expected to reassure investors and help regain some confidence in banks. The sales involves the transfer of SVB’s deposits and loans to First-Citizens Bank and Trust, which will acquire $72bn at a $16.5bn discount, while the Federal Deposit Insurance Corp […]