News

Each day, DailyAlts tracks major developments across the alternative investment world. Our content is procured from primary contacts in the industry and secondary sources across the web. Our goal is to give readers the most up-to-date news and engaging experience to open new doors and areas of knowledge. Our stories cover nine separate verticals of the alternative investment industry.

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Artificial Intelligence: Coronavirus! This AI Startup Warned of the Outbreak on December 31

Toronto-based BlueDot, which uses big data and AI, red-flagged the coronavirus outbreak in December. BlueDot’s AI-driven health monitoring platform analyzes billions of data points. Its process works something like this: It pores over global news reports, airline data, and animal disease outbreaks using natural language processing and machine learning techniques. The outputs from the platform are scanned by epidemiologists who sound the alert if they spot an outbreak.

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Digital Assets: Jay Clayton – SEC Hastens Slowly on Digital Assets
December 12, 2019

Jay Clayton said in testimony to the Senate that the SEC was taking a measured approach to regulation of digital assets. Jay Clayton was very positive on the prospects of…

Activist Updates: 27 Jobs Lost in Countdown to Icahn’s Miami Move
December 12, 2019

Billionaire activist investor Carl Icahn is moving to Miami in a bid to lower his tax bill. As previously reported, Icahn will relocate to Miami by March 31, and any…

Activist Updates: Starboard is Aboard Mednax; Wants Co’s Sale, Board Seats
December 12, 2019

Activist Investor Starboard Value LP, which owns a stake in Mednax Inc., has proposed a majority slate of directors in the latter. According to a report in The Wall Street…

Artificial Intelligence (AI) Improves MRI Detection of ADHD
December 12, 2019

Deep learning, a kind of AI applied on MRI scans improved ADHD detection significantly. The University of Cincinnati College of Medicine and Cincinnati Children’s Hospital have developed an AI system…

Digital Assets: Its Halving in 2020 Could Boost Bitcoin to $50,000
December 12, 2019

Bitcoin’s halving in April/May 2020 could trigger a bull run in the cryptocurrency. At least two analysts say that bitcoin’s halving in 2020 could eventually lead to prices in the…

New BDO Report Shows VC and Private Equity Preparing for Downturn
December 12, 2019

A new BDOreport U.S. Private Capital Outlook explores the preparations of venture capital and private equity firms ahead of a projected downturn. The report replaces and expands on BDO’s report,…

Private Equity: Nobody Thought What Nancy Pelosi’s Drug Price Plan Would Do To Small Biotechs
December 12, 2019

With all the drama around Pelosi’s proposed drug pricing plan focused on the large pharma companies, nobody thought of the small guy. In fact, small biotechs are responsible for 7…

Alternative Investments: Japanese Economic Growth Surprises to the Upside – ETFs to Pick
December 12, 2019

Japanese economic growth during the third quarter of 2019 surpassed both preliminary and market forecasts. Japan’s GDP growth during the third quarter of 2019 came in at an annualized 1.8%….

Mednax Faces Activist Pressure from Hedge Fund Starboard Value
December 11, 2019

Mednax, a healthcare service provider, is facing activist demands from Starboard Value. The hedge fund is reportedly seeking a complete or partial sale of the company. The Journal says that…

Three Men Netted in $722 Million Crypto Mining Fraud
December 11, 2019

A 5-man team conned investors in a crypto-mining based Ponzi scheme. According to US Attorney Craig Carpenito, two men from Colorado and a third from California were arrested on Tuesday…