Tuesday, September 5, 2017

Protecting pacemakers; orange juice futures soar; investing in flying cars

Published 2:31 pm, Tuesday, September 5, 2017

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This is a rendering of a landing pad pier for Lilium Aviation's flying car.

This is a rendering of a landing pad pier for Lilium Aviation's flying car.

Photo: LILIUM, NYT

Protecting pacemakers; orange juice futures soar; investing in flying cars

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Hacking a pacemaker?

About 465,000 people in the U.S. are being warned by the Food and Drug Administration that they should update the firmware for their pacemakers or they will be putting themselves at risk of potentially fatal hacks. Ars Technica reported that updating the Abbott Laboratories devices requires patients to go to a clinic, then doctors will get the pacemakers in backup mode long enough for the firmware to be patched.

Number of the day

6.2%

That's how much orange juice futures jumped Tuesday on fears that Hurricane Irma could blast key orange-producing areas of Florida, MarketWatch reported. November frozen concentrated orange juice climbed by 8.4 cents, or 6.2 percent, to $1.449 per pound. That would be the highest since May 12, according to FactSet.

Other number of the day

$90 million

That's what German flying-car startup Lilium Aviation raised in a new round of financing. The investment was led by Chinese Internet giant Tencent Holdings. Other investors included LGT, the investment vehicle of Liechtenstein's royal family; Atomico, the venture firm run by Niklas Zennström, a founder of Skype; and Obvious Ventures, the investment firm of Twitter co-founder Evan Williams.

Daily Briefing is compiled from San Francisco Chronicle staff and news services. See more items and links at www.sfgate.com. Twitter: @techchronicle


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