Mastercard Inc. is developing cloud-based mobile technology to bring agricultural farmers in East Africa into the digital era, writes CIO Journals Sara Castellanos . The company on Tuesday launched a platform that digitizes transactions between small farmers and wholesale buyers by leveraging the mobile phones that have become ubiquitous throughout the region. The technology, called 2Kuze, aims to eliminate delays in payment for farmers with small plots of land, while giving them a digital log of transactions to apply for small loans from banks in East Africa. Nutanix nabs new CIO from GoPro. Nutanix Inc. has hired Wendy Pfeiffer, former vice president of IT atGoPro Inc., as its next chief information officer, CIO Journal reports . The maker of hyperconverged infrastructure basically servers and data storage systems in the same box is looking for growth following its IPO in September. TECHNOLOGY NEWS John Chambers, executive chairman of Cisco Systems Inc., said he thinks the Donald Trump presidency will boost the economy, create jobs, and bring U.S. corporate dollars back into the country. Ciscos overseas cash pile is more than $60 billion.STEPHANIE KEITH/GETTY IMAGES Pay no attention to that man behind the curtain.
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We intend to strongly support the continued growth of the Planar business, with standalone management, under the broader Leyard umbrella. This acquisition demonstrates Leyard’s ongoing commitment to expanding its global presence.” 8:26 am Glaucoma treatment company Glaukos ( GKOS ) Glaukos ( GKOS ) reported its first quarterly results as a public company last night, with Q2 top- and bottom-line numbers coming in mixed relative to expectations. GKOS, which held its IPO on June 25, is a commercial-stage medical technology company focused on selling a portfolio of injectable microstents that treat glaucoma. This is a large market opportunity: according to one study cited in the company’s IPO prospectus, more than 78 million people worldwide (4.2 million in the US) have glaucoma, and this number is expected to grow to 88 million (4.7 million in the US) by 2019. GKOS says they developed their Micro-Invasive Glaucoma Surgery (:MIGS) procedure to address the shortcomings of current glaucoma treatment options. MIGS procedures involve the insertion of a micro-scale device from within the eye’s anterior chamber through a small corneal incision. The MIGS device reduces intraocular pressure by restoring the natural outflow pathways for aqueous humor. The company claims that MIGS procedures are safer, preserve more eye tissue, and result in faster recovery times and fewer complications than invasive glaucoma surgical options. The company received FDA approval and launched their first MIGS device, the iStent, in the US in July 2012.
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