RadNet to Acquire Cancer Screening Company for $100 Million
The acquisition will unite two leading AI-powered cancer detection companies that are focused on improving the accuracy and early detection of breast cancer.
'This business combination is expected to accelerate our global leadership and commitment to AI-powered breast cancer screening and positions us to further advance population health,' said Dr. Howard Berger, chief executive of RadNet, in a statement.
Perkins Coie LLP and Reed Smith LLP are serving as legal counsel to RadNet. Piper Sandler & Co. serves as financial advisor and fairness opinion provider to iCAD. Dentons US LLP is serving as iCAD's legal counsel.
Information for this article was sourced from Radnet Inc.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
US migrant raids spark boom for private detention providers
Donald Trump's promise to carry out the largest deportation operation in US history has appalled some Americans. But others are cashing in on the boom in demand for private detention centers. Migrants captured by Immigration and Customs Enforcement agents need to be temporarily housed in places like the facility being readied in California City, prior to deportation. "When you talk to the majority of residents here, they have a favorable perspective on it," said Marquette Hawkins, mayor of the hardscrabble settlement of 15,000 people, 100 miles (160 kilometres) north of Los Angeles. "They look at the economic impact, right?" California City is to be home to a sprawling detention center that will be operated by CoreCivic, one of the largest companies in the private detention sector. The company, which declined AFP requests for an interview, says the facility would generate around 500 jobs, and funnel $2 million in tax revenue to the city. "Many of our residents have already been hired out there to work in that facility," Hawkins told AFP. "Any revenue source that is going to assist the town in rebuilding itself, rebranding itself, is going to be seen as a plus," he said. - Boom - Trump's ramped-up immigration arrests, like those that provoked protests in Los Angeles, saw a record 60,000 people in detention in June, according to ICE figures. Those same figures show the vast majority have no conviction, despite the president's election campaign promises to go after hardened criminals. More than 80 percent of detainees are in facilities run by the private sector, according to the TRAC project at Syracuse University. And with Washington's directive to triple the number of daily arrests -- and $45 billion earmarked for new detention centers -- the sector is looking at an unprecedented boom. "Never in our 42-year company history have we had so much activity and demand for our services as we are seeing right now," Damon Hininger, executive director of CoreCivic, said in a May call with investors. When Trump took office in January, some 107 centers were operating. The number now hovers around 200. For Democratic politicians, this proliferation is intentional. "Private prison companies are profiting from human suffering, and Republicans are allowing them to get away with it," Congresswoman Norma Torres told reporters outside a detention center in the southern California city of Adelanto. At the start of the year, there were three people detained there; there are now hundreds, each one of them attracting a daily stipend of taxpayer cash for the operator. Torres was refused permission to visit the facility, run by the privately owned GEO Group, because she had not given seven days' notice, she said. "Denying members of Congress access to private detention facilities like Adelanto isn't just disrespectful, it is dangerous, it is illegal, and it is a desperate attempt to hide the abuse happening behind these walls," she said. "We've heard the horrifying stories of detainees being violently arrested, denied basic medical care, isolated for days, and left injured without treatment," she added. Kristen Hunsberger, a staff attorney at the Law Center for Immigrant Advocates, said one client complained of having to wait "six or seven hours to get clean water." It is "not sanitary and certainly not... in compliance with just basic human rights." Hunsberger, who spends hours on the road going from one center to another to locate her clients, says many have been denied access to legal counsel, a constitutional right in the United States. Both GEO and ICE have denied allegations of mistreatment at the detention centers. "Claims there is overcrowding or subprime conditions in ICE facilities are categorically FALSE," said Tricia McLaughlin, the assistant secretary at the Department of Homeland Security. "All detainees are provided with proper meals, medical treatment and have opportunities to communicate with their family members and lawyers." - 'Strategy' - But some relatives of detainees tell a different story. Alejandra Morales, an American citizen, said her undocumented husband was detained incommunicado for five days in Los Angeles before being transferred to Adelanto. In the Los Angeles facility, "they don't even let them brush their teeth, they don't let them bathe, nothing. They have them all sleeping on the floor, in a cell, all together," she said. Hunsberger said that for detainees and their relatives, the treatment appears to be deliberate. "They're starting to feel that this is a strategy to wear people down, to have them in these inhumane conditions, and then pressure them to sign something where they could then agree to being deported," she said. pr/hg/ksb
New York Post
13 minutes ago
- New York Post
AI-fueled crypto scams are booming, up 456% — and no one is safe, expert warns
Crypto crooks are getting bolder — and now, they sound just like your mom. Global crypto scams soared 456% between May 2024 and April 2025 — becoming increasingly reliant on AI-generated voices, deepfake videos and phony credentials to fleece unsuspecting victims, blockchain intelligence firm TRM Labs' Ari Redbord told The Post after testifying before Congress last Tuesday. 'These scams are highly effective, as the technology feels incredibly real and familiar to the victim,' Redbord said. Advertisement 4 TRM Labs' Ari Redbord, who testified before Congress last week, says scammers are now using AI-generated voices and deepfake credentials to mimic loved ones and steal crypto. Igor Faun – 'We've seen cases where scammers use AI to replicate the voice of a loved one, tricking the victim into transferring money under the guise of an urgent request.' And the threat is exploding — especially in high-density cities like New York, Miami and Los Angeles, he added. In June, New York officials froze $300,000 in stolen cryptocurrency and seized more than 100 scam websites linked to a Vietnam-based ring that targeted Russian-speaking Brooklynites with fake Facebook investment ads. Advertisement Meta shut down over 700 Facebook accounts tied to the scam. Investigators say the group used deepfake BitLicense certificates and moved victims onto encrypted apps like Telegram before draining their wallets. 4 Even crypto pros aren't safe — MoonPay's CEO and CFO were conned into wiring $250,000 to a scammer pretending to be a Trump inauguration insider. Igor Faun – Advertisement Some New Yorkers lost hundreds of thousands of dollars — and it's not just everyday joes getting targeted. Even crypto insiders are falling for it. Florida-based crypto firm MoonPay saw its CEO Ivan Soto-Wright and CFO Mouna Ammari Siala duped into wiring $250,000 in crypto to a scammer posing as Trump inauguration co-chair Steve Witkoff, according to a recent Department of Justice complaint. And that's just the tip of the iceberg. Globally, fraudsters swiped more than $10.7 billion in 2024 through crypto cons — including romance scams, fake trading platforms and 'pig-butchering,' where scammers build fake relationships before draining victims' accounts, Redbord said. Advertisement In the US, Americans filed nearly 150,000 crypto-related fraud complaints in 2024, with losses topping $3.9 billion, according to the FBI. But the real number is likely much higher. 4 A Vietnam-based ring targeted Brooklyn's Russian-speaking community with fake BitLicenses and phony Facebook accounts before vanishing with hundreds of thousands. Igor Faun – 'Only around 15% of victims actually report these crimes,' Redbord said, citing shame, fear and distrust in law enforcement — particularly among older adults and immigrant communities. One of these scammers go-to tools? Crypto ATMs — especially those tucked inside New York delis and convenience stores. Illicit use at these kiosks is more than twice as high as in the broader crypto market, Redbord said. Victims are often directed to scan a QR code and deposit cash, instantly converting it to crypto before the funds disappear. As the scams rage on, Washington is starting to bring order to the Wild West of crypto. 4 Officials say the real number of crypto scam victims is far higher than reported, as shame and fear keep many from coming forward. Igor Faun – House lawmakers wrapped up 'Crypto Week' last Thursday by passing the first-ever comprehensive cryptocurrency legislation — a trio of bills focused on regulating stablecoins, trading platforms and digital asset infrastructure. Advertisement Even so, Redbord advised, common sense is the best defense. 'If something feels too good to be true — especially unsolicited investment advice — it almost always is,' he said. 'Verify the platform. Confirm identities. And when in doubt, report it — whether to IC3, Chainabuse or your local authorities.'
New York Post
2 hours ago
- New York Post
Love addiction and social media stalking could be frying your brain, study finds
Love's got people literally losing their minds. Folks who obsess over their romantic partners — also known as 'love addiction' — were more likely to report brain fog, memory problems and trouble focusing, a new study conducted by a group of Italian researchers found. Even the mildly lovesick felt scrambled, especially when social media was involved. Advertisement 3 Can't stop stalking your partner on Instagram? Experts say it's wrecking your focus and driving up your anxiety. 'It can certainly be psychologically, emotionally and neurologically draining,' said Dr. Marisa Cohen, a New York-based marriage and family therapist. 'They may start to experience withdrawal symptoms when removed from that person or relationship.' The study, published in the peer-reviewed journal Behavioural Brain Research, surveyed 600 Italian adults between July 2022 and May 2023, more than 70% of whom were women, using validated, self-reported questionnaires on anxiety, depression, resilience, memory ability, attention and social media use. Advertisement Most participants were between 26 and 35 years old, and over two-thirds held a university degree. The researchers found a clear pattern: the more someone clung to their crush, the worse their attention span became. Higher love addiction scores were linked to increased anxiety, depression and mental fatigue. Heavy Instagram and TikTok use worsened symptoms. 3 Even people in happy relationships said they felt mentally 'off' when love took over their thoughts and screen time. highwaystarz – Advertisement 'People have much easier access to this window into their [partner's] life,' Cohen said. Scroll-happy users fueled jealousy by constantly stalking their partners online, sparking obsessive thoughts and wrecking their focus at work. Many said they felt mentally and emotionally 'off,' even while still in relationships. Dr. Sheri Meyers, Los Angeles-based relationship expert and therapist, calls it emotional sex — a psychological 'affair of the heart' that messes with your mind. 'You begin to channel the bulk of your emotions, hopes and desires onto the other person,' Meyers said. '[It] feels like romantic love but can lead us to act in ways that are contrary to our ideals, values and relationship goals and better judgment.' Advertisement 3 Being lovesick might actually fry your brain, according to a new study linking romance obsession to memory loss and brain fog. – The emotional rollercoaster, from longing to jealousy to withdrawal, can throw off the brain's reward system and lead to mood swings, obsessive thinking and mental burnout, she added. Dr. Ryan Rahm-Knigge, a Minnesota psychologist who researches compulsive sexual behavior, said while 'love addiction' isn't an official diagnosis, the study's findings echo clinical issues he sees in therapy. 'My experience is that these issues are more than heartbreak or desire,' he said. 'We see people suffering with feelings like their love pursuits or sexual behaviors or urges are out of control or in control of them.'
