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23andMe in February said it s going public in a deal that values the company at $3.5 billion.
Despite 23andMe s success, the consumer genomics market has largely bottomed out, an analyst said.
Others hoping to cash in on genetic health assessments have pivoted or shuttered efforts altogether.
As consumer genetics giant 23andMe prepares to go public, the personal genetics market isn t what it once was. We ve kind of hit the bottom and we re stable right now, Evercore analyst Vijay Kumar told Insider.
But that hasn t stopped competitors from building out niches in other areas.
Detail wants to turn your phone into a software-optimized camera app for live video
Meet Detail, a new startup working on an app for iOS and macOS so that you can turn your iPhone into a software-optimized camera for live video. The startup wants to make it easy to use the phone that you have in your pocket with the livestreaming platform that you already use, such as Zoom, Google Meet, Twitch, Hopin or YouTube Live.
Over the past year, if you have had to present something to a large audience over a livestream, chances are you’ve faced a few challenges. First, as Joanna Stern of the Wall Street Journal demonstrated, laptop webcams suck. There’s no way you’re going to look good with your computer.
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The race to vaccinate has been a slow roll out across the Bay Area and the state but there have been some bright spots. An East Bay physician who s tired of waiting hosted a drive-thru COVID-19 vaccine clinic in Lafayette.
Their software and lab results are showing COVID cases surging in underprivileged communities across the state.
Marin County is also using this company for mobile testing. Laraki says that s one of the strategies they want for vaccine distribution. It s really good that we are providing these massive vaccinating sites. I think that will serve us for half of the population. The other half that is the most vulnerable one, we need to take vaccination to them the same way we did for testing, said Laraki.