Covid-19 could trigger ‘media extinction event’ in developing countries

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Critical reporting under threat as revenue losses leave independent news outlets hostage to government subsidies or whims of billionaires

Press freedom groups warn that the integrity of independent journalism could be at risk.

Fake news laws and political interference along with growing financial pressures has left many independent media groups in developing countries fighting to survive during the pandemic.

News outlets around the world have faced measures to muzzle critical reporting in an environment that has already seen dozens of journalists harassed, arrested and censored by governments, according to editors and press freedom groups.

Continue reading… “Covid-19 could trigger ‘media extinction event’ in developing countries”

The Fed doesn’t believe in a V-shaped recovery and neither should you

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The Fed is warning of several risks to the economic recovery process including damaged labor market dynamics and the potential for a long and deep recession.

Don’t underestimate COVID-19 and the global scale of the economic crisis.

We see the risks for stocks as tilted to the downside and expect a correction lower driven by a rotation out of the mega-cap tech leaders.

The FOMC met this week for its first Fed funds interest rate decision since the two emergency cuts in March. As expected, the policy rate was left unchanged at 0% with the markets focusing more on the various relief measures in response to the coronavirus pandemic and now looking ahead towards the economic rebound.

Continue reading… “The Fed doesn’t believe in a V-shaped recovery and neither should you”

San Antonio robotics firm becomes first to prove its robots kill coronavirus

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Xenex’s patented LightStrike robots have been deployed in more than 500 healthcare facilities worldwide to destroy pathogens like SARS-CoV-2 that can cause deadly infections.

San Antonio robotics company Xenex Disinfection Services has become the first to scientifically prove its robot can sterilize a room of the SARS-CoV-2 – the virus that causes COVID-19 – and it can do so in less than two minutes.

The testing began in February after Xenex sought out a partnership with the Texas Biomedical Research Institute, which had acquired the SARS-CoV-2 contagion to begin research toward developing a vaccine. Xenex wanted to prove that its LightStrike germ-zapping robot could deactivate the virus using pulsating xenon lamps to generate bursts of high-intensity germicidal light, which kills viruses, bacteria, and fungal spores.

“Xenex is an evidence-based company; we’re focused on our claims being backed by scientific research,” Xenex spokeswoman Melinda Hart said.

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Chinese scientists develop new test that detects antibodies against Coronavirus in just 10 minutes

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Scientists from several institutions in Guangzhou, China, have developed a new test that is similar to a pregnancy test, that detects antibodies against COVID-19

The WHO’s war cry against the novel coronavirus pandemic was “test, test, test.” Such is the importance of extensive testing in a rapidly worsening global health crisis where time is not money but life. In such a scenario, accurate and quick testing methods are essential for tackling the spread of COVID-19. Providing hope in this regard, researchers from China have developed a test that can detect antibodies against the SARS-CoV-2 virus in just 10 minutes.

The new test is a result of the collaboration between scientists from several institutions in Guangzhou, China, and builds on a testing technique known as a lateral flow immunoassay (LFA). An example of such a test is a home pregnancy test. It is based on the detection of the antibody, Immunoglobulin G (IgG), produced by the body to counter the coronavirus.

Expressing confidence over the new testing technique, the authors wrote in the study, “We expect this assay to be highly useful for helping to contain the COVID-19 outbreak by allowing timely diagnosis through early detection of SARS-CoV-2.”

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These 4 industries are going to die

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We are not going back to our old economy. It’s over.

Right now, something incredibly positive is occurring in our society. It’s never happened before in world history (feel free to correct me if you can find an example).

Every scientist, health leader, politician, teacher, business leader, family member — everyone — is converging to solve one problem.

That’s incredibly powerful and gives me immense hope for our future.

In addition, I believe 3 factors will emerge going forward: convergence, disruption, and opportunity.

I’m seeing 2 convergences related to the American consumer that will have a massive effect on your business:

Continue reading… “These 4 industries are going to die”

Walmart is piloting a pricier 2-hour Express grocery delivery service

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Record usage of grocery delivery services amid the COVID-19 pandemic has led to delayed orders, fewer open delivery windows and, on occasion, an inability to even book a delivery time slot. Walmart now hopes to capitalize on the increased demand for speedier delivery with the introduction of a new service that allows consumers to pay to get to the front of the line. The retailer confirmed today it’s launching a new Walmart Grocery service called “Express,” which promises orders in two hours or less for an upcharge of $10 on top of the usual delivery fee.

The service has been in pilot testing across 100 Walmart stores in the U.S. since mid-April. Walmart says it plans to expand the service to nearly 1,000 stores in early May and it will be offered in a total of nearly 2,000 stores in the weeks after.

Some Walmart customers may have recently received a push notification alerting them to the launch.

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The Air Force is tired of waiting, so it’s kickstarting the flying car industry

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The goal is to have a fully operational flying car fleet by 2023.

Agility Prime is the U.S. Air Force’s new commercial development program for flying cars. In part, the Air Force wants to create a healthy domestic industry for the vehicles to keep abreast of security concerns.

By 2023, the Air Force hopes to have an operational fleet of the vehicles.

It feels like the U.S. has been on the brink of a flying car revolution for half a century. Every so often, a company claims to be just two or three years away from the perfect avian vehicle. In 2011, it was rumored that a company called Terrafugia would have $227,000 flying cars “in a matter of months,” and even Uber has promised to have autonomous flyers by 2023.

Continue reading… “The Air Force is tired of waiting, so it’s kickstarting the flying car industry”

Get me out of here! Americans flee crowded cities amid COVID-19, consider permanent moves

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Ben Greenzweig is itching to move his wife and three kids South, a plan that may get accelerated due to the coronavirus pandemic.

The CEO and co-founder of conference company Momentum Event Group, says he’s looking to move to either North Carolina or South Carolina from the New York City suburbs in Westchester County, for cheaper costs and bigger living space amid fears that a deep and prolonged economic slump in the state could eventually force residents to pay higher taxes.

“It would be an unbelievable escape,” Greenzweig, 42, says. He typically works from home which gives him flexibility.

“Our children’s involvement in school is the single largest tether keeping us here. If there’s a hint that school won’t resume in the fall for my kids, then the biggest reasons for us staying here, which are friendships and school activities, evaporates.”

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Cars could go completely driverless ‘very soon,’ says CEO of Chinese autonomous driving tech start-up

AutoX rolls out self-driving robotaxis in Shanghai’s ride-hailing market

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Despite current regulations and safety concerns over self-driving cars, the time that cars could really go driverless is coming “very soon,” according to Jianxiong Xiao, CEO and founder of AutoX, a start-up developing autonomous driving technology based in Shenzhen.

It had received approval from Shanghai authorities to roll out a fleet of 100 autonomous ride-hailing cars in Shanghai’s Jiading district in September last year.

Backed by investors such as Alibaba, Shanghai Motor and Dongfeng Motor, AutoX is one of the players in the multi-trillion U.S. dollar Chinese autonomous driving vehicles market alongside others like DiDi Chuxing.

The time that cars could go completely driverless is coming “very soon,” according to Jianxiong Xiao, CEO and founder of AutoX, a Shenzhen-based start-up developing autonomous driving technology.

Continue reading… “Cars could go completely driverless ‘very soon,’ says CEO of Chinese autonomous driving tech start-up”

Indians are waiting to dineout with family and friends post lockdown: Survey

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The report also revealed that most of India have been craving Pizza since the lockdown has been implemented, except Chennai, Hyderabad and Kolkata where their popular & indigenous Biryani recipes reign supreme.

As per the report, 77% respondents claimed that they are waiting to dine out with friends and family once the COVID-19 lockdown is lifted.

As the world grapples with the impact of the COVID-19 pandemic, a survey by restaurant tech platform, Dineout across 20 Indian cities has revealed that diners now rank safety assurance and premier hygiene as top factors when they choose a restaurant to dine out in a post-COVID world.

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It’s time to accept that the point of school has changed

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Lisa Selin Davis is the author of “Tomboy: The Surprising History and Future of Girls Who Dare to Be Different.” She has written The New York Times, CNN, The Wall Street Journal, The Guardian and many other publications. She The views expressed here are hers.

(CNN)”Stay out of Google Classroom,” the administrators of my daughter’s Brooklyn elementary school cautioned parents in their first official communique about remote learning. To peer over their shoulders while sitting at their laptops and look at their work would be akin to bursting into the real-life classroom uninvited, they said.

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Hong Kong airport brings in cleaning robots and disinfection booth

(CNN) — Cleaning robots, temperature checks and antimicrobial coatings could soon become synonymous with airport trips.

Hong Kong International Airport (HKIA) has provided a glimpse into what international airport procedures might look like once we’re traveling again, and a lot of disinfection technologies are involved.

The busy Asia airport claims it’s the first in the world to trial a live operation of CLeanTech, a full-body disinfection booth.

The short, but thorough, process sees those passing through undertake a temperature check before entering a small booth for the 40-second disinfection and sanitizing procedures.

According to the airport authority, the inside of the facility contains an antimicrobial coating that can remotely kill any viruses and/or bacteria found on clothing, as well as the body, by using photocatalyst advances along with “nano needles.”

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