Month: April 2020
U.S. markets shrug off record unemployment numbers as tech shares rise
Despite reports of historic unemployment with roughly 6.6 million Americans filing for unemployment, domestic stocks rose during regular trading today. One day after grim estimates on the potential death toll from the COVID-19 epidemic in the US sent stocks tumbling and amid a continuing economic fallout from the government’s response…
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Tesla delivers 88,400 electric vehicles, beating expectations
Tesla delivered 88,400 vehicles in the first quarter, beating most analysts expectations despite a 21% decrease from the previous quarter as the COVID-19 pandemic put downward pressure on demand and created logistical challenges. Tesla said Thursday it produced 103,000 electric vehicles in the first quarter, about 2% lower than the previous…
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Zoom has disabled a feature that was exposing users’ LinkedIn profiles
As COVID-19 forces schools, offices, and social groups to move their daily operations online, video calling service Zoom has become the new centerpiece of many people’s daily life. But the increased use has brought heightened scrutiny to the company’s data practices. Every day, it seems, new vulnerabilities in the platform…
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Grimes posted the music stems and video files for her single so anyone can remix it
Grimes recently released a new music video for “You’ll Miss Me When I’m Not Around,” and it came with a surprise: a content dump containing assets from her new album Miss Anthropocene and an invitation for anyone to remix the song or video. The music video features Grimes in front…
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Tesla kept global sales and production up despite coronavirus-related shutdowns
Tesla was able to avoid a huge sink in first quarter sales despite coronavirus-related shutdowns in China and the US, according to new figures that were just released by the company. Other automakers reported big dips in sales earlier this week as the quarter came to a close, though losses…
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Flagship Pioneering raises $1.1 billion to spend on sustainability and health-focused biotech
Flagship Pioneering, the Boston-based biotech company incubator and holding company, said it has raised $1.1 billion for its Flagship Labs unit. Flagship, which raised $1 billion back in 2019 for growth stage investment vehicles, develops and operates startups that leverage biotechnology innovation to provide goods and services that improve human…
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