Oct 24, 2018

Fingerprint sensor pioneer turns sights to senior citizen tech

K4Connect a Raleigh, N.C.-based provider of smart home and on-demand app integration for senior-living facilities, raised $12 million in new venture capital funding led by AXA Venture Partners.

Why it matters: This is one of very few consumer tech startups aimed at America's fastest-growing demographic, and it's founded by the guy whose last company helped Apple enable TouchID.

"There's a joke that San Francisco is the premiere assisted living community for millennials. You can sit there and have everything brought to you that you ever may need. We integrate technologies that have been targeted toward a younger demographic and make them work for older adults and people living with disabilities." — K4Connect CEO Scott Moody via CNBC

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Fadel Allassan

7 mins ago - Economy & Business

Jeffrey Epstein associate Ghislaine Maxwell arrested

Epstein and Maxwell in 2005. Photo: Joe Schildhorn/Patrick McMullan via Getty Images

The FBI on Thursday arrested Ghislaine Maxwell, a close associate of convicted sex offender Jeffrey Epstein, on charges linked to Epstein's sex crimes, NBC New York reports.

The big picture: Maxwell was arrested in New Hampshire and is expected to appear later in federal court in New York. She has been accused of helping Epstein, who had been accused of sex-trafficking minors and died in an apparent suicide in prison last year, groom teenage girls for sex in a 2015 defamation suit.

Dave Lawler

39 mins ago - World

The 53 countries supporting China's crackdown on Hong Kong

Note: The U.S. has been highly critical of China over the law, but withdrew from the UN Human Rights Council in 2018; Map: Danielle Alberti/Axios

China's foreign ministry and state media have declared victory after 53 countries joined a statement at the UN Human Rights Council supporting Beijing's new national security law for Hong Kong — compared to 27 who criticized the law.

The big picture: The list of 53 countries was not initially published along with the statement, but has been obtained by Axios. It is made up primarily of autocratic states, including North Korea, Saudi Arabia, Syria and Zimbabwe.

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Ben Geman

52 mins ago - Energy & Environment

CO2 emissions may have peaked, but that's not enough

Reproduced from DNV GL; Chart: Axios Visuals

More analysts are making the case that COVID-19 could be an inflection point for oil use and carbon emissions, but it's hardly one that puts the world on a sustainable ecological path.

Driving the news: The risk advisory firm DNV GL, citing the pandemic's long-term effects on energy consumption, projects in a new analysis that global CO2 emissions "most likely" peaked in 2019.