Category: United States
US stocks open lower, erasing recent gains and plunging shares deeper into bear territory
The rollercoaster ride of equity markets continues as all of the major stock indexes opened sharply lower one day after President Donald Trump announced the intention to push through a sweeping aid package — including the potential for a direct payout to most American workers. Domestic indexes had risen sharply…
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SpaceX breaks a Falcon 9 rocket re-use record with successful Starlink launch
SpaceX has successfully launched and deployed its sixth batch of 60 Starlink satellites, further growing its constellation for the internet broadband system it plans to launch for customers starting later this year in the U.S. and Canada. This brings SpaceX’s total Starlink constellation size to 360 spacecraft, extending the company’s…
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Israel passes emergency law to use mobile data for COVID-19 contact tracing
Israel has passed an emergency law to use mobile phone data for tracking people infected with COVID-19 including to identify and quarantine others they have come into contact with and may have infected. The BBC reports that the emergency law was passed during an overnight sitting of the cabinet, bypassing…
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CcHub funds tech to curb COVID-19 on concerns of an Africa outbreak
Africa’s largest innovation incubator, CcHub, will offer funding and engineering support to tech projects aimed at curbing COVID-19 and its social and economic impact. The Lagos and Nairobi based organization posted an open application on its website this week, CcHub CEO Bosun Tijani told TechCrunch on a call. CcHub will…
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Fox gets deeper into streaming with $440 million acquisition of Tubi
Fox Corp., the broadcast news and entertainment company holding what remains of the Murdoch Family’s television and cable sports and media assets after the sale of 21st Century Fox to Disney, has agreed to acquire the streaming service Tubi TV for $440 million. Tubi, once of a now-dwindling number of…
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Pfizer and BioNTech announce joint development of a potential COVID-19 vaccine
Pharma giant Pfizer announced on Tuesday that it’s working on a potential COVID-19 vaccine with BioNTech, a German company working on new kinds of immunotherapy treatments. The joint effort, confirmed Tuesday via a signed letter of intent, will see both partners work together on a messenger RNA-based vaccine that will…
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