375: The number of unicorns reached 375 this week after Turo, Icertis, FlixBus, and Beike Zhaofang all reached valuations of $1B+. Turo, a peer-to-peer car sharing platform, raised $250M in Series E financing, while cloud-based contract management company Icertis closed a $115M Series E. Long-distance bus co FlixBus hit a $2.25B valuation after a $561M round, and online real estate platform Beike Zhaofang’s $1.2B Series D brought its valuation to a whopping $10B. Take a look at all of the world’s $1B+ companies using our real-time unicorn tracker.
6 micrometers: Elon Musk laid out a vision for creating a direct brain-to-machine interface. The billionaire said his Neuralink company is developing “threads” about 6 micrometers thick, similar to a red blood cell’s diameter, to gather brain activity data. These threads would be implanted in the human brain by a “sewing machine” — which the company is also working on. Neuralink is far from alone in the neurotech space. Here are 20 other startups coming for your mind.
-40%: Nestle has developed a method to create chocolate without adding sugar. The approach uses cocoa plant byproducts, which naturally contain sugar as a sweetener, reportedly resulting in a 40% sugar reduction in the final product. Sugar reduction is a rising trend in the food industry. Clients can read our report on how companies are approaching the challenge.
£50: The Bank of England has announced computer pioneer Alan Turing as the face of its new £50 note. The researcher broke codes in WWII and helped pave the way for modern advances in artificial intelligence. AI now permeates a wide range of industries, from healthcare to finance to logistics — with $66B invested in AI companies since mid-2013. See where the most financing deals are going using our AI deal tracker.
4.5M+: A cyberattack on Bulgaria’s tax agency led to a trove of personal information — including names and addresses — being stolen. Analysts say that the hack most likely affected almost the entire adult population of Bulgaria, estimated to be more than 4.5M people. Find out more about the latest trends in cybersecurity in our 2019 Cyber Defenders report.
-130,000: Netflix said that it saw a net loss of 130,000 US subscribers in Q2’19, the first decline in almost a decade. The drop in US-based users comes after a recent pricing increase and as the streaming service faces looming competition from rivals such as Disney.
50 years: This weekend will mark 50 years since humans first touched down on the moon. Apollo 11 astronauts Neil Armstong and Buzz Aldrin spent 21 hours and 36 minutes on the moon’s surface after touching down on July 20, 1969. The anniversary comes as a number of private companies, such as SpaceX and Blue Origin, are beginning to offer rocket launching services and to shuttle private citizens up to space.