Technology
Tempus is up 15% on its first day of trading, demonstrating investor appetite for health tech with the promise of artificial intelligence

Tempus, a genomic testing and data analytics company founded by Eric Lefkosky, who previously founded Groupon, debuted on the Nasdaq Stock Exchange on Friday, up about 15% since opening.
On Thursday, the company priced its initial public offering at $37 apiece, the top of the $35 to $37 price range, raising almost $411 million at a completely diluted valuation of over $6 billion. However, Tempus’ last official private valuation was $8.1 billion, and PitchBook data estimates the company was valued at $10.25 billion at the end of 2022. The shares closed the first day of trading at $40.25, a rise of almost 9% over the IPO price.
Despite a big discount to the previous valuation, the initial public offering is a feat for an unprofitable company in a period considered not very favorable for conducting public offerings. Tempus’ 2023 revenues were $531 million and its net loss was $290 million. However, the company’s operating losses dropped from 83% in 2022 to 37% in 2023, and Lefkosky told CNBC that he expects Tempus to be money flow and EBITDA positive in 2025.
Lefkofsky founded Tempus in 2015 after noticing that doctors weren’t relying on data when treating his wife’s breast cancer. He decided to construct an organization using the technology and data from genome sequencing.
Tempus is currently struggling to position itself as an artificial intelligence company, regardless that AI revenue accounted for just $5.5 million in revenue, or about 1% of its revenue in 2023. In its prospectus, the company said its AI product line it’s still in its infancy, but it surely intends to “embed artificial intelligence, including generative artificial intelligence,” into every aspect of its diagnostic tools.
Lefkofsky is by far the company’s largest shareholder. According to S1, he holds 30.1% of the company’s shares and 65% of shareholder votes, resulting from the dual-class share structure. The company, controlled by Kimberley Keywell, the ex-wife of Brad Keywell, Lefkosfky’s longtime business partner, owns 10.2% of Tempus. Scottish asset manager Baillie Gifford owns a 5.9% stake in the company, value $350 million at its IPO price.
The original shareholders of Tempus were NEA, Revolution and T. Rowe Price. In April, the company raised a $200 million G5 series from SoftBank. Tempus is the fourth company that Lefkofsky is taking public. He is best known for founding Groupon, which went public at a valuation almost $13 billion in 2011but it surely is currently valued at lower than $600 million.
Tempus is the fourth company that Lefkofsky is taking public. He is best known for founding Groupon, which went public at a valuation almost $13 billion in 2011but it surely is currently valued at lower than $600 million.
Technology
Congress has questions about 23andme bankruptcy

3 The leaders of the Energy and Trade Committee said that they’re investigating how 23ndme’s bankruptcy can affect customer data.
Representatives of Brett Guthrie, Gus Biliakis and Gary Palmer (all Republicans) He sent a letter On Thursday, Joe Selsavage, Joe Selsavage, ask a variety of questions about how 23andme will serve customer data if the corporate is sold.
The letter also says that some customers have reported problems with deleting their data from the 23ndme website, and notes that corporations directly for consumption, reminiscent of 23andme, are generally not protected by the Act on the portability and accountability of medical insurance (Hipaa).
“Considering the lack of HIPAA protection, a patchwork of state regulations covering genetic privacy and uncertainty related to customer information in the case of transmitting the sale of company or clients data, we are afraid that this best -confidential information is threatened with a player,” representatives write.
23andme, which has decided to violate data For $ 30 million last 12 months, he applied for bankruptcy in Chapter 11 in March, and the co -founder and general director Anne Wojciki said he was resigning from the corporate’s private bidder.
(Tagstotransate) 23andme
Technology
The White House replaces the Covid.gov page with the theory “Lab Leak”

The Covid.gov government website has used Covid-19, tests and treatment to store information. Now, under the sight of President Trump, page redirects to the side of the White House Talking to the unverified theory that Covid-19 comes from the Chinese laboratory.
A theory during which many virologists have objected to in the report Through House Republicans last yr, which found that Pandemia began with a laboratory leak in China. House democrats He spent the overthrow At that point, the statement that the probe didn’t define Cavid’s real origin.
Covidtes.Gov website, during which people could order free coronavirus tests before, can be redirected to this New page.
The latest website of the White House also includes medical disinformation on the treatment of the virus, falsely claiming that social distance, mask and lock fines should not effective in alleviating the spread of Covid-19. However, Hundreds of research They showed that these preventive measures In fact, reduce respiratory infections equivalent to Covid-19.
In the months, since Trump again confirmed his role of the US president, many web sites have been edited to reflect the program of his administration. With the help of Doge Elona Musk, the government tried to remove tons of of words related to diversity from government documents. This Include Words equivalent to “black”, “disability”, “diversity”, “sex”, “racism”, “women” and lots of more. The government also removed the mention of scientifically proven climate change from environmental sites.
(Tagstotranslate) covid
Technology
Chanel Nicole Scott joins Black Network as a marketing director

At Black Network (ITBN), she announced that Chanel Nicole Scott will probably be his latest marketing director (CMO). ITBN, which presents the stories created by the diaspora and attending the diaspora, said that Scott’s nomination is a component of the brand’s vision to extend global visibility.
Scott brings over a decade of experience within the production of technology and media. Through its company, Chanel Scott Production House has developed Cheminstry, a multimedia platform that features a television program, books and card games specializing in navigation in relationships and private development.
Scott is the creator of the podcast who premiered at Black Network. She too writer of the book with the identical name, sharing personal anecdotes and advice on relationships. In a press release, the manufacturer expressed his enthusiasm to his latest role in ITBN.
“Being a part of a breakthrough company, such as in Black Network, is more than a professional opportunity – it is a cultural mission. We are moving, who controls the narrative and the way our stories are told. Time to restore power to our hands – and I have the honor to help in conducting this movement,” said the host of Podcast.
The television producer, film creator and founding father of ITBN, James Dubose, said that keenness, work ethics and achievements of Scott make him a helpful advantage for the developing network. Dubose discussed his vision of world expansion Black Network with Black company in 2024
“We want you to come to one place, and it is internationally, it is locally, we are every market that you can think about, the Caribbean and so on to come to come one place and stay” – he said.
The filmmaker also said that he wants to offer a platform for black creations, often neglected within the media of the mainstream to present his content. Established in 2023, ITBN is a free Avod streaming service that incorporates a premium content emphasizing black voices. Network Streams directly On your website, on Smart TV and via the applying, which is obtainable on iOS and Android devices.
(Tagstranslate) SmartApps (T) Chanel Nicole Scott (T) James Dubose (T) within the Black Network (T) stream service
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