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Los Angeles-based challenger bank HMBradley officially opens its virtual doors

By |March 31st, 2020|

The Los Angeles-based digital challenger bank, HMBradley, opened its virtual doors to the public today, allowing the thousands of waitlisted would-be users to set up direct deposits and collect their sign-up bonuses. The company is offering banking customers an up to 3% return on their savings based on the percentage they save of their quarterly --> READ MORE

Facebook deletes Brazil President’s coronavirus misinfo post

By |March 31st, 2020|

Facebook has diverted from its policy of not fact-checking politicians in order to prevent the spread of potentially harmful coronavirus misinformation from Brazilian President Jair Bolsonaro. Facebook made the decisive choice to remove a video shared by Bolsonaro on Sunday where he claimed that “hydroxychloroquine is working in all places.” That’s despite the drug still --> READ MORE

Johnson & Johnson partners with BARDA to fund $1 billion in COVID-19 vaccine research

By |March 31st, 2020|

Pharmaceutical giant Johnson & Johnson is partnering with the Biomedical Advanced Research and Development Authority of the U.S. Department of Health and Human Services to fund over $1 billion in COVID-19 vaccine and antiviral treatment research and development, the company said on Monday. The partnership is an expansion of an existing agreement between BARDA and --> READ MORE

We must consider secure online voting

By |March 30th, 2020|

Amelia Powers-Gardner Contributor Share on Twitter Amelia Powers-Gardner is county clerk of Utah County in Utah and was sworn into office in January 2019. Chris Walker Contributor Chris Walker is county clerk of Jackson County in Oregon. First appointed in 2008, Chris was re-elected in 2010 and 2014. The list of states delaying primaries and --> READ MORE

Despite pandemic, gaming is well-positioned to withstand recession

By |March 30th, 2020|

Efforts to slow the spread of COVID-19 have led to a global economic downturn, but the gaming industry is booming. With hundreds of millions of people sequestered in their homes, game usage has spiked. And while the economic repercussions will persist after people cease physical distancing, gaming is positioned to fare well during a recession. --> READ MORE

Airbnb will pay hosts $250 million to help cover cancellations due to COVID-19

By |March 30th, 2020|

Airbnb is committing $250 million to put toward hosts who have been impacted by COVID-19. That means if a guest cancels a reservation for check-in between March 14 and May 31 due to a COVID-19-related reason, Airbnb will pay the host 25% of what they would normally receive through their cancellation policy. Airbnb says this --> READ MORE

Medtronic is sharing its portable ventilator design specifications and code for free to all

By |March 30th, 2020|

Healthcare and biomedical engineering company Medtronic was in the news recently because Tesla CEO Elon Musk had discussions with the company about the automaker’s potential plans to build ventilator hardware in order to address the COVID-19 crisis. Today it’s doing something potentially far more impactful. Medtronic is making available to anyone the full design specifications, --> READ MORE

Ford, GE Healthcare to produce 50,000 ventilators by July using this tiny company’s design

By |March 30th, 2020|

Ford and GE Healthcare have licensed a ventilator design from Airon Corp and plan to produce as many as 50,000 of them at a Michigan factory by July as part of a broader effort to provide a critical medical device used to treat people with COVID-19. Ford will initially send a team of engineers to help --> READ MORE

Local services marketplace Thumbtack lays off 250 employees

By |March 30th, 2020|

Thumbtack CEO Marco Zappacosta announced in a blog post today that the company has laid off 250 employees. Much has been written about the impact that COVID-19 and the resulting social distancing/shelter in place measures are having on small businesses (and the steps that internet platforms like Facebook and Yelp — which, after all, make --> READ MORE

WTF is the denominator effect?

By |March 30th, 2020|

The last few weeks have just been dreadful for asset managers. Not only have the markets tanked the past few weeks (if slightly recovered from their lows since the signing of the U.S. stimulus bill), but the daily volatility of different assets is making it very hard to keep portfolios balanced. As an example, the --> READ MORE