Tesla’s relationship with bitcoin is not a dalliance, according to the comments made by the company’s CFO and dubbed “master of coin” Zach Kirkhorn during an earnings call Monday. Instead, the company believes in the longevity of bitcoin, despite its volatility. Tesla invested $1.5 billion in bitcoin this quarter and then trimmed its position by 10%,…
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If Priscila Medina had gotten COVID-19 a year ago, she would have had no treatments proven safe and effective to try. But when the 30-year-old nurse arrived at a Long Island hospital last month, so short of breath she could barely talk, doctors knew just what to do. They quickly arranged for her to get…
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The U.S. will begin sharing its entire stock of AstraZeneca COVID-19 vaccines with the world once it clears federal safety reviews, the White House said Monday, with as many as 60 million doses expected to be available for export in the coming months. The move greatly expands on the Biden administration’s action last month to…
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Gilead Sciences announced plans to help India alleviate a shortage of remdesivir, a drug widely-used to treat Covid-19, as the country experiences a record surge in new infections. The California-based pharmaceutical company said in a statement on Monday evening it would provide its voluntary licensing partners with “technical assistance”, help set up new manufacturing facilities…
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TikTok is the most famous example of a Chinese social media app that became a smash hit overseas, but in the Middle East there is a second Chinese-founded app that is taking the region by storm. Yalla, or “Let’s go” in Arabic, saw the monthly users of its chat app and its games app increase…
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In a letter to the National Governor’s Association, the American Medical Association urged opposition to state legislation barring physicians from providing transgender minors with care related to their transition. “We believe it is harmful for any state to legislatively dictate that certain transition related services are never appropriate,” wrote AMA CEO and Executive Vice President…
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After a years-long crypto winter, it been the spring of NFTs, but as digital art prices sober up after an explosion in sales, blockchain founders are looking to find more stable opportunities in the space that can grow over time even as speculative interest in NFTs shifts. One particular interest has been using NFTs to…
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This is a big week for Apple, even by its standards of bigness: quarterly earnings on Wednesday, major product releases on Friday and, before those, a controversial update to the iPhone’s operating system expected later today that changes privacy settings. The two-trillion-dollar company has also started the week with a PR push aimed at showing…
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The US will share up to 60m doses of AstraZeneca’s Covid-19 vaccine with other countries, the White House announced on Monday, as the Biden administration comes under pressure to assist areas struggling to contain a new surge of cases. The White House said no decision had been made yet about which nations would receive the…
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Disasters are, unfortunately, a growth business, and the frontlines that were once distant have moved much closer to home. Wildfires, hurricanes, floods, tornadoes — let alone a pandemic — has forced much of the United States and increasingly large swaths of the world to confront a new reality: few places are existentially secure. How we…
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