tech

The pandemic’s best movie innovation is the private theater rental

Tom & Jerry's success shows that private theater rentals could have an impact on box office performance - even after the Covid-19 pandemic ends.

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Covid-19 vaccines face a trust gap against some traditional African remedies

Zimbabwe and Madagascar supported home remedies in the early days of the pandemic. That could hinder vaccination efforts.

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Mukesh Ambani goes back to the future with his latest investment in a pod taxi tech company

SkyTran's technology can be used in a pod taxi, which is similar to a driverless cable car that runs on electricity.

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A recent Ebola outbreak puts Guinea’s “muscle memory” to the test

New reports of Ebola in Guinea raise concern given the history of the West Africa outbreak from 2014-2016. This was the largest reported Ebola outbreak to date - 28,000 cases were recorded, including 11,000 deaths. It originated in Guinea and then spread to Sierra Leone and Liberia.

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A new rule is about to make PPP loans more generous for businesses without employees

The US Small Business Administration (SBA) is expected to enact a rule on Monday that will make Paycheck Protection Program (PPP) loans more generous for entrepreneurs without employees. Businesses and non-profit organizations with no employees have always been eligible for PPP loans. The new rul...

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Is this the world’s best stock picker?

What do Tesla, Square, Bitcoin and Shopify have in common? Wood's Disruptive Innovation fund rose 140% last year, blowing away the 21% gain in the broader US equity market. ARK's most surprising prediction is its own backlash: "I think it's likely that at some point people will think ARK was a sc...

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Paramount+ wants to be the go-to streaming service for Gen X

ViacomCBS is following a specific audience with its early content push: viewers who love Grease remember when MTV actually played music and know the soundtrack to Flashdance.

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Bezos’s 1997 shareholder letter was a blueprint for Amazon’s success

All of the major topics that crop up later in Bezos' career, from ambition to long-term thinking, are contained here in this letter to shareholders.

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Syringe shortages could cause Pfizer vaccine bottlenecks

When Pfizer-BioNTech began shipping its Covid-19 vaccinations in the U.S. in December, pharmacists administering the jabs noticed something special: each vaccine bottle labeled for five doses contained a little more fluid - enough for a sixth Dose. After the U.S. Food and Drug Administration gran...

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The Fed is on a collision course with the $20 trillion Treasury market

The $ 20 trillion government bond market is getting nervous. The question is, what will the Federal Reserve do about it? The Treasury Department's five- and seven-year auctions were poorly received by investors.

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There are kinks in Biden’s plan to strengthen America’s supply chain

When factories closed during Covid-19, shipping patterns collapsed and companies were unable to move goods from factories to consumers. Thanks to years of rocky trade disputes between the US and China and the rising costs of China, global companies have found it difficult to break away from China...

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Huawei CFO Meng Wanzhou’s extradition fight moves to yet another jurisdiction

The daughter of the Huawei founder lost a similar case in Great Britain a few days ago. She is fighting a US extradition request from Canada.

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The new chair of the House space committee isn’t sure about Moon 2024

As the new US administration weighs its alien options, Rep. Don Beyer, the Virginia Democrat who will chair the US House of Representatives' Space Policy Subcommittee, will be a key figure. Beyer, the only certified mechanic in Congress and a science fiction fanatic, is tasked with passing annual...

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Who was Gangubai Kathiawadi, the queen of Mumbai’s red-light district?

"Her political ties apparently earned her an appointment as Indian Prime Minister Jawaharlal Nehru at his residence in New Delhi."

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Indian startups are becoming unicorns faster than before

Indian startups achieve the desired unicorn status much faster than before. Over the past decade, it took an Indian startup an average of eight years to become a unicorn. This emerges from the Indian Tech Unicorn Report 2020 from Orios Venture Partners. In comparison, older tech companies like th...

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What is Koss and why did its stock climb 81% in two days?

The small US company's stocks rose more than 80% earlier this morning on a second round of retail interest.

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Biden scraps Trump’s ban on green card applicants entering the US

The freeze "hurts industries in the United States that employ talent from around the world," Biden admitted.

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California’s net neutrality law is broadband companies’ worst nightmare

A federal judge paved the way for California to implement its 2018 Net Neutrality Act, creating a nightmare scenario for broadband companies.

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Crocs just had its best quarter ever

The foam clogs of dubious aesthetics have become the footwear of choice for millions of Americans hit by the pandemic.

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Adding content warnings to the Muppets is the opposite of cancel culture

Contextualizing questionable or otherwise hurtful material - but not suppressing it - on the Muppets and other shows is not a break in culture. It doesn't deserve your outrage.

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Tanzania announces new Covid-19 measures under mounting pressure

Tanzania has finally recognized the presence of Covid-19 in the country and put new measures in place to prevent its spread.

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Bitcoin is worth whatever Elon Musk and Cathie Wood say it is

One question that has long preoccupied Bitcoin watchers is how to rate it. Lately the answer to their worth has been whatever influential people like Elon Musk and star stock picker Cathie Wood are saying. The original crypto asset rebounded this month as influencers swayed.

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How to make the US stimulus better

Some analysts now argue that the stimulus package is too big and should be scaled back. Unemployed people claiming unemployment benefits actually rose last week. The main fear for over-billing is that additional government spending will exceed the needs of the economy and lead to excessive inflat...

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The Philippines is offering to trade nurses for vaccines

The Philippines are using two coveted resources from the Covid-19 pandemic as a basis for negotiation: healthcare workers and vaccines. The Philippine Department of Labor and Employment agrees to exempt Germany and the United Kingdom from the annual limit of 5,000 for the number of Filipino healt...

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After India stifled its TikTok dreams, Bytedance is building its Asia hub in Singapore

"Bytedance plans to make Singapore its epicenter for the rest of the Asia-Pacific region to find a neutral ground in the face of ongoing trade tensions between the US and China."

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Home buyers in these US counties could see their flood insurance skyrocket

US flood insurance premiums are no more in line with actual flood risk in some countries than in others.

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China’s Clubhouse clones all have a fatal flaw

Chinese tech companies are eager to replicate Clubhouse's success - but they will miss the main ingredient of the app that is banned in China.

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How Uniqlo became the world’s most valuable clothing company

Japan's Uniqlo has surpassed Zara as the most valuable apparel company in the world as it is focused on growth in Asia.

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Is India currently witnessing a second wave of the Covid-19 pandemic?

An increase in the number of new Covid-19 infections threatens to reverse India's progress in containing the pandemic. On February 21, the country recorded over 14,000 new infections with the novel coronavirus. As of February 22, a total of more than 11 million cases of Covid-19 had been reported...

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HSBC is facing dueling loyalty tests it can only fail

When Ted Hui arrived in the UK last December after fleeing Hong Kong, he was in shock: Not only was his HSBC bank account frozen, but his bank balance was also zero. Hui, a key figure in Hong Kong's democracy movement who took on a visible role as a frontline mediator during the 2019 protests, fe...

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