Here are the top stories for Saturday, February 27th: Biden hails House passage of $1.9T virus bill; VP Harris: "Baton is now in our hands"; New Yorkers rally in support of Asian-Americans. (Feb. 27)
Here are the top stories for Saturday, February 27th: Biden hails House passage of $1.9T virus bill; VP Harris: "Baton is now in our hands"; New Yorkers rally in support of Asian-Americans. (Feb. 27)
Prince Harry has publicly paid tribute to his grandfather Prince Philip, speaking out for the first time since the funeral. Read what he had to say here.
(Bloomberg) -- As President Xi Jinping targets China’s massive tech giants, the big question now is how he’ll get them to share key data as part of a sweeping plan to transform the world’s second-biggest economy.Until recently, China’s megafirms like Jack Ma’s Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have operated in a similar way to U.S. counterparts Facebook Inc. and Alphabet Inc., harnessing user data to refine an expanding array of digital services. Since more data leads to better products, the tech platforms often become natural monopolies -- giving them enormous wealth and power that also opens the door for abuses.More U.S. lawmakers have started calling for legislation to break up the American firms, but so far those efforts have failed to gain much traction. Europe has focused mainly on giving users more control over data and levying hefty antitrust fines against companies like Google.China, by contrast, is going further than any other country to rein its tech behemoths. Xi last month declared his intention to go after “platform” companies that amass data to create monopolies and gobble up smaller competitors. China’s regulators followed up by slapping a record $2.8 billion fine on Alibaba for abuse of market dominance, and gave dozens of other top internet companies a month to rectify anti-competitive practices.While part of the motivation is political, a potentially more important aspect is China’s attempt to create a market for data that unleashes its value and propels growth. Beijing is pouring money into digital infrastructure, drafting new laws on data usage and building new data centers around the country with the goal of positioning China as a leader in transforming the world economy over the next few decades.“This is not a short-term initiative -- it is a complete national refocusing on data as an economic driver,” said Kendra Schaefer, head of digital research at Trivium China, a consultancy in Beijing. “With such significant upsides, you are also potentially looking at a scenario where companies are more willing to adapt to Chinese net controls to gain access to the market.”China’s digital economy grew much faster than national gross domestic product in 2019, underscoring its significance to future growth, according to the Chinese Academy of Information and Communications Technology. Market research firm IDC projected that China would hold around a third of the world’s data by 2025, or roughly 48.6 zettabytes -- about 60% more than the U.S., or equivalent to more than 10 trillion DVDs.One big challenge will be how to get some of the country’s biggest holders of data on board. The bluntest way would be to seize their data outright, which some hardliners have suggested.Zhao Yanqing, a Xiamen University professor, made the case for nationalizing the data of big tech giants at a Chinese economic forum. Since China blocked foreign firms like Google and Facebook, he said, companies like Alibaba and Tencent received a benefit that should now be shared with society.“Only by establishing public ownership for platforms can we ‘tame’ capital,” Zhao said, according to a transcript published by the nationalistic news site Guancha.Still, most analysts view that as unlikely. While Xi has a long history of knocking back billionaires who could pose a threat to the Communist Party, he also wants to find a way to ensure growth is more evenly distributed among China’s 1.4 billion people. Although China is a one-party state, the party has staked its legitimacy in part on hitting targets for improved living standards -- and a booming digital economy is key to success.Nationalizing data could quickly backfire, stifling innovation at a time Xi needs technological breakthroughs as the U.S. works with allies to prevent China from obtaining advanced computer chips.“You need companies that are very competitive,” said Lizhi Liu, an assistant professor at Georgetown University who has written about data politics in China. “Nationalization of data would hurt the tech companies. If you take away the data, the companies will lose their incentive and their ability to innovate.”So Chinese officials are focused on crafting legislation on data ownership that addresses concerns from a range of competing interests. Local officials in tech hub Shenzhen might differ with antitrust bureaucrats on how much proprietary data companies must share, while security departments could clash with economic ministries on issues like data security.‘Expensive to Exploit’Much of the other work involves setting standards for datasets that are not uniform between different entities and provinces. This would allow them to be more easily used on new data exchanges such as the one recently launched in Beijing that aims to allow companies to trade anonymous proprietary data -- effectively a pilot for a national data trading system.So far similar projects set up in past years in cities like Shanghai and Guiyang in southern Guizhou province have only received tepid reception, partly because they are disconnected from each other and only hold small pools of data. While it’s crucial for big tech platforms and other private companies to buy in to the exchanges, the still-evolving regulatory framework is putting many players off.“Data in China is very fragmented and lacks common standards, which makes it difficult and expensive to exploit,” said Camille Boullenois, a consultant with Europe-based Sinolytics. “Drafting standards and encouraging cross-provincial databases will help incentivize data trade.”Until recently, Chinese lawmakers focused mostly on security. A 2017 law gave authorities the right to access to almost all private data when necessary and demanded foreign firms store data from Chinese customers locally, forcing Apple Inc. to open a data center with local officials.China’s leaders are now focused on using big data to help governments provide better services. Firefighters can use it to respond to calls quicker, while data from hospitals can help track citizens and stem the spread of Covid-19. It would form the foundation of everything from smart cities to financial regulation to surveillance operations against political dissidents.China’s government is developing a digital yuan that will compete with Ant Group Co.’s Alipay and Tencent’s WeChat Pay, which together account for nearly all of the mobile-payments market, allowing the People’s Bank of China to gather enormous amounts of data on transactions. Authorities have also made significant advances with a system for measuring the social credit of companies on everything from tax payments to environmental protection to product quality.‘Still Exploring’For now, Chinese authorities have stressed they won’t force companies to hand over data. On a trip this month to the Guiyang data center, a local Communist Party official told Bloomberg News that companies are mostly concerned they will lose their competitive edge if they part ways with an essential resource.“With regard to the use, development and trade of data, we’re still exploring the mechanisms,” said Hu Jianhua, deputy director-general of Guizhou Provincial Big Data Development Administration. “For enterprises, they have the ownership of the data. We encourage them to make their data open but not force them to do so.”One possible solution is for the government to become co-investors with the companies. Bloomberg reported last month that China proposed establishing a joint venture led by the People’s Bank of China with local technology giants that would oversee the data they collect from hundreds of millions of consumers. The Financial Times reported Friday that Ant Group Co. is resisting such a proposal, which risks facing the same obstacles as when Tencent and Alibaba reportedly refused to share data with China’s central bank several years ago after it set up credit scoring company Baihang.Data privacy is the “biggest obstacle” the government faces in dealing with the tech giants, said Angela Zhang, author of “Chinese Antitrust Exceptionalism” and director of the Centre for Chinese Law at the University of Hong Kong. “There is an inherent tension between protecting consumer privacy and promoting competition among different platforms.”Big Tech SpookedExecutives at China’s biggest companies have sought to blunt the damage from Xi’s crackdown.After the Alibaba probe wrapped up, Chief Executive Officer Daniel Zhang told investors last week that the company will continue to work with regulators on data privacy. Earlier this month, companies including JD.com Inc. and Meituan pledged to play fair in data usage after Guangzhou antitrust regulators summoned them into a meeting. Robin Li, the head of top search company Baidu Inc., in March proposed to top Chinese lawmakers a pilot program to break up barriers in data flows among internet companies.The company reactions show they are spooked after years of limited measures to align with government policies, according to Dev Lewis, a research fellow at Digital Asia Hub in Shanghai.“Now that mirage has been lifted,” he said. “The onus is now firmly on the platform if they want to reinstate that. They need to take the initiative on the data front.”(Updates with report on central bank in 23rd paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Kayla Itsines shares a 15-minute Low Impact full body workout.
U.S. investment fund Davidson Kempner and British investment firm Pioneer Point Partners announced on Friday they will invest together up to 3.5 billion euros ($4.21 billion) by 2025 in a large-scale data centre in Portugal. The campus in the city of Sines, 150 kilometres south of the capital Lisbon, will include five buildings with a useful capacity to supply up to 450 MW of cheap energy from renewable sources to the servers, the two companies said in a joint statement. "Sines 4.0 will be one of the largest data centre campus projects in Europe and will address the exploding demand of large international technology companies," the funds said.
Now available in the UAE, the Philips TAB8805 3.1 channel Soundbar with subwoofer lets you make more of movie night. The immersive 3D audio of Dolby Atmos puts you right in the middle of the scene, and Play-Fi compatibility makes it easy to create a true surround-sound setup.
Tokyo is set to go into a state of emergency only three months out from the Olympic opening ceremony.
Boris Johnson’s former aide Dominic Cummings has been blamed for the leaking of Boris Johnson’s text messages. An internal inquiry has been launched into how messages between the Prime Minister and billionaire Sir James Dyson were leaked to journalists.
It comes after the UK PM said taking action on climate change was not ‘politically correct bunny hugging’
Chloe Zhao voiced her excitement about the looming Oscars as her road movie "Nomadland" topped the Film Independent Spirit Awards on Thursday, winning best feature and showing no signs of slowing down its relentless award season charge.
Oslo, Norway, 23rd of April 2021 Vistin Pharma ASA (Vistin Pharma, OSE: VISTIN) today announces the financial results for the first quarter 2021 Vistin Pharma delivers another strong quarter with 15% increase in revenue YoY. Q1’21 revenue ended at MNOK 70.8 (Q1’20: MNOK 61.4). First quarter EBITDA for pharmaceuticals was MNOK 16.3 (Q1’20: MNOK 14.2) a 15% increase compared to similar quarter last year The net profit for the group ended at MNOK 8.8 (Q1’20: negative MNOK 168) for the first quarter of 2021. The net loss in Q1’20 was driven by closing of the oil derivative contracts. Vistin Pharma had cash of MNOK 85 (Q1’20 MNOK: 317) as of 31 March 2021. Approx. 35% of the Metformin Expansion Project (MEP) has been paid as of March. The company has a strong balance sheet with an equity ratio of 86% and no interest-bearing debt. The Fikkjebakke plant has been running at full capacity an achieved an all-time high production volume in the quarter driven by full effect of the 2nd reactor installed in Q3/Q4’20 The first quarter conference call, which will be held today, 23rd of April, at 8.30am (CET) and will be available via web and audio through the following access points: Telephone conference:Confirmation Code:........ 4598958International Dial-In:....... +44 (0) 2071 928338Norway, Oslo:................ +47 21563015United States, New York: +1 6467413167 Webcast: https://edge.media-server.com/mmc/p/rso5ngk4 The conference call will be held in Norwegian. Please find the Q1 report and presentation enclosed. The report will also be made available on www.vistin.com. ***** For further information, please contact: Kjell-Erik NordbyCEO+47 91 36 42 email@example.com Alexander KarlsenCFO+47 97 05 36 firstname.lastname@example.org This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Attachments Vistin Pharma ASA first quarter report 2021 Vistin Pharma ASA first quarter presentation 2021
Carbios and Michelin take a major step towards developing 100% sustainable tires
A Malaysian who fell off a platform into the sea was not wearing a life jacket, amid a lack of safety measures.
Victoria's new A-League kings are taking no satisfaction out of Melbourne Victory's dire plight but know the club's fans certainly will be.Melbourne City sit top of the table at the same time their bitter rivals are languishing at the bottom, having just sacked coach Grant Brebner.
The FTSE 100 was set to fall again today, giving back some of its recovery from Tuesday’s rout as jitters remained about the Covid pandemic’s impact on demand for companies’ goods and services. The European Central Bank set the tone yesterday as Christine Lagarde cautioned that the economy on the continent was set to rebound strongly but remained fragile, requiring continued strong monetary policy assistance. In the UK, there was some positivity with a survey this morning from GfK showing consumer confidence has leaped to its highest level since the first Covid-19 restrictions.
Australia's divers have pulled out of next month's World Cup in Tokyo, saying the Olympic host city isn't safe amid another coronavirus surge.Diving Australia (DA) believes Tokyo will soon be back in a state of emergency as COVID-19 cases grow.
Magnesium Breakthrough by Bioptimizers is a mineral-rich magnesium supplement with all seven beneficial forms of magnesium for enhanced stress relief and performance, but are there negative side effects or is it safe to use and worth the money? Magnesium Breakthrough Reviews Magnesium Breakthrough Reviews Chicago, IL, April 23, 2021 (GLOBE NEWSWIRE) -- Magnesium Breakthrough is a daily supplement that provides users with 7 different forms of magnesium. The formula easily absorbs into the bloodstream efficiently to deliver the support where it needs to be. What is Magnesium Breakthrough? Stress can take a substantial toll on the body, preventing it from functioning in the way that it should. Stress is brought on by the release of cortisol in the body, which is a natural hormone. However, there are many people who don’t know the potential harm that stress can actually be due to the body. Most people don’t truly realize every sign that their stress is getting out of hand. Consumers that have these concerns often find it difficult to keep their mind clear, or they cannot keep their focused on what they are doing. The tasks at hand start to seem overwhelming, even if they demand the same amount of energy as usual. These stressful times are a sign that there is something detrimentally wrong with the inner environment of the body. All of these problems are a clear sign that something else is amiss, and the issue could end up being the lack of magnesium in the body. Since approximately two-thirds of Americans don’t get enough magnesium, this issue is relatively common. It makes sense that stress is so high for so many people, especially when they aren’t getting the nutrients that are necessary to their health. While there are ways to get magnesium through different fruits and even the use of other foods, most people don’t integrate enough into their diet. Plus, drinking constant caffeine and ingesting sugar are the work possible ways to deplete it. Stress automatically reduces how much of this mineral – magnesium – is let in and maintained. Without the right supplementation, consumers simply do not get the nourishment they need to be generally healthy. That’s why Magnesium Breakthrough is changing the way that consumers deal with their deficiency. No one wants to get stuck in a cycle of stress and anxiety but incorporating Magnesium Breakthrough can be the solution. Users don’t have to keep up with the overwhelming feeling that their body is not in their control or is on autopilot. Getting the deficiency under control is a start to the changes that can be made in the user’s life. The creators behind the formula focus on the different types of magnesium and the way that users can improve their body with it. There are already many consumers that admire the effects that Magnesium Breakthrough has hand on them. Some people have found that it has only taken them two months to give them more powerful healing than any other remedy has had on them before. While it won’t treat any known medical conditions, the simple ability to correct the imbalance of magnesium in the body is a step towards incredible improvements. While some users simply feel better with their improved health, others notice a change in their mood. With the right form of magnesium, consumers nourish the nervous system. In fact, there are even consumers that have been able to let go of their coffee addictions because they don’t need to fix their fatigue anymore. All of the benefits that this formula offers have provided incredible effects, and users don’t even need to change their diet. While healthier habits are always encouraged, they aren’t needed for any of these effects to take place. Stress puts the body at risk in many different ways, but there’s proof to show that it can lead to a very unfortunate path. The American Psychological Association even states that it is one of the top causes of death. It is only preceded by heart problems, inflammation, obesity, and mental illness. Most people try to improve their stress with outside changes in their environment by changing their job, walking away from the relationships that frustrate them, and even traffic. However, the root of the problem cannot be fixed without regulating the amount of magnesium in the body. Since magnesium is a critical part of nearly 600 different reactions in the body, it affects everything. It doesn’t matter if the individual is dealing with low energy, a hard time with sleep, or even a struggle with the way that they burn through calories. However, the main reason that this remedy has become so important is because it helps with the stress levels of the user. As consumers stress more, they are left with lower levels of magnesium than they would ordinarily have. It is expelled through urination, and the deficiency gets even worse. The creators behind Magnesium Breakthrough even call this problem an epidemic, which is why their formulation is so critical to the body. Taking it daily can make a profound difference in everything, and it can even regulate the stress response in a way that it won’t be harshly taken down again. (SPECIAL OFFER) Click Here to Get Magnesium Breakthrough with an Exclusive Discount Price Online Why Does Magnesium Breakthrough Work? Magnesium is an essential nutrient for the body, and it is the fourth-most common mineral that is in it. The mineral is crucial to many of the functions in the body, helping to keep the immune system strong, regular the heart rhythm, and even improving the strength of bones. In fact, regular use also has been linked to lower cortisol levels, which means that it reduces the stress on the user as well. As the body incorporates magnesium, it can help with the energy of the user, as it supports the natural energy in the mitochondria of the cells. However, the best way to get the nourishment that the body needs is by incorporating all of the different forms of magnesium, and that’s what Magnesium Breakthrough does. (HUGE SAVINGS TODAY) Click Here to Get Magnesium Breakthrough Supplement For The Lowest Price Right Now Magnesium chelate is the first of the collection, helping users to achieve improvements in the way that their body recovers after physical activity. It also improves general health and supports the building of muscle. Magnesium Citrate is helpful to individuals who are struggling with obesity. While it has been studied in many cases, one of the studies that Magnesium Breakthrough’s creators cites shows the positive impacts that this variation on arterial stiffness. Next, there’s Magnesium Bisglycinate. This version of magnesium helps individuals that have excessive stomach acid. This excess can cause distress to the stomach, leading to issues like heartburn or indigestion. The most bioavailable version is Magnesium Malate, which users normally find in the fruits that they eat. It provides the tartness of this produce, and it is incredibly helpful to individuals who are dealing with migraines or chronic pain. Some studies show that it can help with pain and depression as well. Magnesium Sucrosomial is used to help individuals with their energy levels. It improves the functioning of the immune system as it strengthens the bones and skeletons. Magnesium taurate is helpful to the heart, preventing potential damage to the cardiovascular system. Magnesium Orotate improves the metabolism, keeping various functions working as they are meant to. It is one of the most common ingredients that athletes incorporate into their diet when they want to recover and promote improvements in performance. It is essential to get all of these different forms of magnesium to keep the body health. While there are many different forms of magnesium in pharmacies, consumers may be surprised to learn that many other consumers fall drastically short. The majority of other remedies aren’t natural enough for the body to accept them fully, and they aren’t full-spectrum supplements. Without these improvements, consumers will struggle to get the magnesium that they need to function, which is why Magnesium Breakthrough is so helpful. In this formula, users will get all of the different forms, and they are all as bioavailable as possible. How to Take Magnesium Breakthrough This formula works through the body at a relatively quick pace to get the benefits, so users will need to take it properly to get the advertised benefits. Users don’t need to add any meal to their routine because this formula is easy to absorb without it. It dissolves at a rapid pace, absorbing just as quickly. As the formula absorbs into the body, most consumers will find that they have a profound sense of calmness and relaxation. These effects come from the soothing of the nervous system and the reduction of the user’s stress hormones. Most people find that they are able to sleep better within the first week of using the remedy. However, as users continue to keep up with the regimen for 3-5 weeks to feel the full effects. Consumers that currently have any health concerns should speak with a medical professional to ensure that this remedy is the right choice for them. Purchasing Magnesium Breakthrough Magnesium Breakthrough isn’t a remedy that is found in stores or even through Amazon.com. Instead, users have to go through the official website to select one of the packages that is currently available. The available options include: One bottle for $40Three bottles for $33 eachSix bottles for $30 each Users will be covered by a 365-day money-back guarantee, allowing them to get a refund if this formula doesn’t work like it is meant to. Summary BiOptimizer’s Magnesium Breakthrough provides users with a way to get the relief from stress that most consumers can’t find with other products. The remedy is easy to take daily, though users will have to refer to the included instructions to get a complete idea of what it entails. There are no other changes that users will have to make to see a difference in their body, though they will feel an overwhelming sense of improvement in their health. From the support for metabolism to better sleep at night, this supplement ensures that users take care of themselves without having to uproot their entire life. While there are many other magnesium supplements on the market today, none of them contain all seven of the types of magnesium that are needed to truly regulate the body. Even brands like Nature’s Sunshine or Livewell don’t provide the same support, but the BiOptimizer’s Magnesium Breakthrough supplement can be easily absorbed to get a powerful effect. (LOWEST PRICE ONLINE) Get Magnesium Breakthrough Directly from the Official BiOptimizer Website for the Biggest Discount Official Website: https://magbreakthrough.com/ Contact Details: Magnesium Breakthrough Email: email@example.com Phone: 1-800-719-2467 About MarketingByKevin.com This product review is published by Marketing By Kevin. Marketing By Kevin reviews are researched and formulated by a group of experienced natural health advocates with years of dedication and determination to finding the highest quality health products and wellness programs available. It should be noted that any purchase derived from this resource is done at your own peril. It is recommended to consult with a qualified professional healthcare practitioner before making an order today if there are any additional questions or concerns. Any order finalized from this release’s links are subject to the entire terms and conditions of the official website’s offer. The researched information above does not take any direct or indirect responsibility for its accuracy. Affiliate Disclosure: The links contained in this product review may result in a small commission to Marketing By Kevin if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team and please know we only recommend high quality products. Disclaimer: Please understand that any advice or guidelines revealed here are not even remotely a substitute for sound medical advice from a licensed healthcare provider. Make sure to consult with a professional physician before making any purchasing decision if you use medications or have concerns following the review details shared above. Individual results may vary as the statements made regarding these products have not been evaluated by the Food and Drug Administration. The efficacy of these products has not been confirmed by FDA-approved research. These products are not intended to diagnose, treat, cure or prevent any disease. Product support: firstname.lastname@example.org Media Contact: email@example.com Attachment Magnesium Breakthrough Reviews CONTACT: Kevin Mahoney 708-247-1324 firstname.lastname@example.org
The U.S. Centers for Disease Control and Prevention (CDC) is investigating the death of an Oregon woman and the hospitalisation of another in Texas after receiving Johnson & Johnson's COVID-19 vaccine, state health officials said. The incidents come as advisers to the CDC are set to meet on Friday to consider whether it is safe to resume injections of the single-dose vaccine, while senior health officials prepare for a green light.
LONDON (Reuters) -Mercedes-Benz car maker Daimler AG on Friday raised its profit outlook for 2021, but warned that the global semiconductor chip shortage may continue to impact its sales in the second quarter. Daimler said that although "visibility is limited at present", it assumes some recovery in the availability of chips in the second half of this year. "After this promising start, we are very confident that we can keep up the pace to improve our margins on a sustainable basis and at the same time expand our electric vehicle line-up," Chief Financial Officer Harald Wilhelm said in a statement.
Giannis Antetokounmpo had 27 points, 16 rebounds and six assists as the Milwaukee Bucks avoided a third consecutive loss with a 124-117 win over the under-manned Philadelphia 76ers.
Mercedes-Benz car maker Daimler AG on Friday raised its profit outlook for 2021, but warned that the global semiconductor chip shortage may continue to impact its sales in the second quarter. Daimler said that although "visibility is limited at present", it assumes some recovery in the availability of chips in the second half of this year. "After this promising start, we are very confident that we can keep up the pace to improve our margins on a sustainable basis and at the same time expand our electric vehicle line-up," Chief Financial Officer Harald Wilhelm said in a statement.