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Share to Twitter Share to Linkedin Taiwan, home to many of the world’s largest technology companies, reported 68,732 new domestically transmitted cases of Covid-19 on Sunday, the highest daily total since the pandemic began and more than quadruple the 15,033 local cases disclosed on April 30, according to the Central News Agency. Nineteen Covid deaths were reported — all patients were in their 70s to 90s, of which eight had not been vaccinated, CNA said on Sunday. Of the 672,998 domestic cases reported in Taiwan from Jan. 1 to May 14, 1,151 involved moderate infections and 294 were severe, accounting for 0.17 percent and 0.04 percent of the total; the rest were mild or asymptomatic, the news agency said. Against that backdrop, the Taiwan External Trade Development Council on Wednesday reconfirmed earlier announced plans for its big annual international technology trade show Computex to open for in-person participation May 24-27 in Taipei after two years of … [Read more...] about Taiwan Covid Cases Hit A Daily Record 68,732; Computex Tech Fair Affirms In-Person Return

Share to Twitter Share to Linkedin Here are five things in technology that happened this past week and how they affect your business. Did you miss them? 1 - Virtual real estate reaches new limits with the addition of major corporations. Admix—a virtual reality platform—has been very prevalent in the metaverse and is currently working with McDonalds, Pepsi, and other large corporations on buying and selling virtual real estate. The virtual real estate market is much like the real world, using cryptocurrency as their main monetary source. Admix has bought in between $200,000 and $1,000,000 worth of real estate in this virtual platform and urges others to take advantage of this new enterprise. The company believes that this is the new age of capitalism and a very savvy way for companies to integrate their business into our digital world. (Source: Fast Company ) Why this is important for your business: I tell oftentimes incredulous audiences made … [Read more...] about McDonalds, Pepsi, And Other Large Brands Are Buying Real Estate On The Metaverse …And Other Small Business Tech News This Week

The Elon Musk/Twitter drama continues. In a surprising announcement, Musk has revealed his deal to buy Twitter for $44 billion is now on hold. The news has sent Twitter shares plummeting in pre-market trading. TWTR is down over 18% as of the time of this writing. advertisement The latest twist in the saga broke when Musk tweeted , “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.” The tweet linked to a May 2 Reuters article , which reported that Twitter estimated fewer than 5% of its monetizable daily active users (MDAUs) during the most recent quarter were fake or spam accounts. Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users https://t.co/Y2t0QMuuyn — Elon Musk (@elonmusk) May 13, 2022 Musk’s planned acquisition of Twitter is perhaps the most contentious in tech history. The … [Read more...] about Elon Musk says his deal to buy Twitter is ‘on hold,’ sending TWTR shares crashing

(CNN) TikTok posts about actor Johnny Depp's defamation trial against his ex-wife, actress Amber Heard, have turned a stay-at-home mom based in Scotland into an accidental influencer. Or, perhaps more aptly, a DeppTok influencer. Sophie Doggett, whose TikTok was previously populated by videos on everyday things such as herself or her pets, posted to her TikTok account on April 25 a clip of Heard's lawyer asking a question of a witness and then immediately objecting to the response. It is one of many moments in the trial that has been seized upon by people like Doggett, as clips of testimony and references to the case have pervaded TikTok in a way that no trial has before. That's partly because the proceeding, set to resume Monday, is being livestreamed during the age of TikTok, and also because of the high-profile celebrities the case involves. Doggett, who paired the clip to playful music, said she gained 30,000 followers seemingly overnight from the post which has, to date, … [Read more...] about Dissection by TikTok: Johnny Depp, Amber Heard trial posts are making accidental influencers out of some, targets out of others

Share to Twitter Share to Linkedin You could imagine that tech should and could provide solutions for people with disabilities. Well, of course, that can only happen if people with disabilities are part of designing the process from the outset. I wonder if their lack of involvement is the reason for the failure of many Fintech solutions? Since being launched and playing a part in the mainstream, financial technology has been met with criticism. These complaints have been due to inaccessibility and discrimination. According to an article by Entrepreneur , there are 1.7 billion unbanked people worldwide and households with disabilities are more likely to be unbanked as those with no disabilities. To break this down means they have no spending records, resulting in reduced access to financial assistance and loans. For some, it is easier to access or visit a bank, but this can be a daunting task for people with disability hence why Fintech is such an essential … [Read more...] about Fintech For All

Share to Twitter Share to Linkedin This week’s Current Climate , which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. T hanks to all you loyal readers of the Current Climate newsletter. This week, we’re starting some changes to the format in an effort to bring you some more focused news on the business of sustainability. To that end, we’re introducing some new sections to the newsletter, including one that focuses on venture funding, M&A, contracts and other deals happening in the industry. I’m also pleased to announce that my colleague, Alan Ohnsman , is joining me as a co-writer of the newsletter. Alan will be bringing news to you every week about the world of green transportation, from electric cars to the hydrogen economy. Let us know what you think about the changes, and what other types of news you might be interested in knowing about. But without … [Read more...] about AI For Sustainability, The Billionaire Betting Against Coal And Tesla Facing Lower China Sales

Share to Twitter Share to Linkedin We continue looking at abortion’s impact on the midterm elections, as well as the latest district attorney who wants a crack at Donald Trump. MacKenzie Scott, Michael Bloomberg Among The Biggest Billionaire Donors To Abortion-Rights Groups “T hough the nation’s wealthiest philanthropists have been giving to reproductive rights groups for decades, the cause constitutes a relatively small portion of overall philanthropic giving,” reports Rachel Sandler: According to the National Committee for Responsive Philanthropy, $1.7 billion went to reproductive rights nonprofits from 2015 to 2019. That’s 2.2% of the $76 billion from foundations during that time period. Even less money, $361 million, was earmarked specifically for abortion rights and services, as opposed to other forms of reproductive healthcare. Much of that funding comes from the Susan Thompson Buffett Foundation, the largest single donor supporting … [Read more...] about Checks & Imbalances: Pro-Choice Billionaires, Abortion-Themed Ads

In his book, The Golden Tap, serial entrepreneur Kashyap Deorah had described how Lee Fixel, a former partner with Tiger Global, used to filter potential startups on the basis of the founders' caste and JEE (advanced) ranks. Only candidates with high JEE (joint entrance examination) ranks make it to India’s premier technical institutes -- the central-government owned Indian Institutes of Technology, commonly known as IITs. “Fixel preferred North Indian Marwari banias with single or double-digit JEE ranks who were young and first-time entrepreneurs. An analysis had probably revealed that such entrepreneurs were the best performers in the companies Tiger liked funding,” Deorah had written. Fixel had led negotiations for funding rounds for Tiger Global in unicorns like Flipkart and Ola, which were among the New York-based hedge fund’s largest bets in India. Both the companies best fit Deorah’s description as Sachin and Binny Bansal, founders of Flipkart, come from IIT Delhi, … [Read more...] about 73 of India’s 100 unicorns have at least one founder from IIT

Share to Twitter Share to Linkedin Supercars, and their even more extreme hypercar successors, are the pinnacle of what internal combustion can deliver. Vehicles like the Bugatti Veyron and Chiron, as well as competitors from Swedish Koenigsegg and American SSC, have traded blows over the last couple of decades as the fastest production cars in the world. But they are being eclipsed by a new genre of supercars: electric ones. The Lamborghini Miura is often cited as the first supercar, and it still stands up today as one of the most beautiful vehicles ever made. Perhaps the Jaguar XK120 from 1949 or the Mercedes 300SL Gullwing of 1955 deserve to be considered the first supercars instead. Either way, these are exotic vehicles, intended to combine design excellence with extreme performance. Successors in this genre include the Lamborghini Countach, Porsche 959, Ferrari F40 and McLaren F1. All held the position of “fastest production car in the world”, until the … [Read more...] about Is The Future Of Supercars Electric?

Share to Twitter Share to Linkedin When crisis strikes, we tend to look to our leaders for what we can do to help. Right now, as so much of the world watches in horror at the invasion of Ukraine, many of us have fretted from afar about what we can do to help. Impressively, business leaders outside of Ukraine has leapt into action. Companies I admire like A.Team , for example, were quick to launch social media fundraising campaigns. Many others have splashed “We stand with Ukraine” on their home pages and social accounts. And while that’s helpful, I’ve been impressed by two particularly inspiring startup companies that are leveraging their unique business propositions to make a difference—beyond moral and simple financial support: Who’s Helping The Babies In Ukraine? Embrace Global. According to Embrace Global , 260,000 women were pregnant in Ukraine when the war started. “Over 1,000 women are giving birth in Ukraine every day,” says Jane … [Read more...] about Beyond Moral Support: How Two International Startups Are Bringing Clever Aid To The People Of Ukraine