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Brazilian proptech startup Loft, which was valued at $2.9B last year, lays off 380 employees

Loft aims to serve as a “one-stop shop” for Brazilians to help them manage the home buying and selling process. Last year, Loft acquired a Mexico City-based startup, TrueHome, and entered that market in what it described as the “start” of its international expansion. The company had become the real estate e-commerce platform with the highest revenue in emerging markets outside China.

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Prosperia, a startup that seeks to prevent chronic diseases with artificial intelligence, raises US$2M

July 14, 2022

Prosperia, the Mexican startup that offers B2B services for pre-diagnosis through artificial intelligence (AI) to prevent illnesses caused by chronic diseases, raised US$2 million in a seed round. The company has focused on the prevention of blindness, which becomes a consequence of chronic diseases such as diabetes. The healthtech has two products: a risk calculator, which are intelligent questionnaires that patients can fill out online only. The other product is an eye health assessment  analyzed on the platform with Prosperia’s AI algorithms.

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Big Tech Suffers Big Drop in Customer Data Trust: Jebbit Survey

August 8, 2022

Greater public attention to privacy has reduced trust in all tech providers, including those like Apple and Google that have positioned themselves as privacy-friendly.  Apple’s rank in Jebbit’s annual Consumer Data Trust Index fell from 17 to 43, while Google fell from number 4 to 89.  Amazon fell just slightly, from first to fourth place, while Facebook actually improved a bit from 97 to 88.

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