Friday, June 21

Tag: Covid19

COVID19 effect on People With Diabetes
ANALYSIS

COVID19 effect on People With Diabetes

The history of the pandemic offers an informative overview of the entire section. In doing so, the importance of learning more about the risks COVID-19 poses to people living with diabetes. Diabetes has not yet been shown to increase the likelihood of infection, but progression to severe illness is more likely in people with diabetes. Neither the mechanisms underlying the increased risk nor the best interventions to limit it have yet been defined, but the studies in this issue offer important clues. Clinical characteristics and outcomes of patients with diabetes and COVID-19 in association with glucose-lowering medication The study showed in ADA’s Diabetes Care journal, researchers analyzed data of 904 COVID-19 patients, of whom 136 had diabetes, to evaluate whether the type...
Ways to Earn Extra Money in the Post-COVID Era
ANALYSIS

Ways to Earn Extra Money in the Post-COVID Era

SAN JOSE, Calif., June 30, 2021-- Participating in the gig economy can help you shore up funds when you're in between jobs. Side hustles can also bring greater financial stability during normal times. Think of it this way, If you work for a single company and you are let go, you'll lose 100% of your income. But let's say you side hustle with five clients or gigs, and each of them makes up 20% of your pay. If you lose one side gig and are down to four, you only miss 20% of your income. Side hustling is also a great way to rake in extra cash even while you have a full-time job. And it can also be a way to supplement your pay if you have a part-time job. With the financial uncertainty millions of folks have seen during COVID-19, it can be a better route to provide greater security. ...
Industries that have Grown in the Past Year
BUSINESS

Industries that have Grown in the Past Year

Businesses have been struggling and some will continue to struggle even after the pandemic is over. It is clear that businesses that rely on physical presence didn’t have a great time during this crisis, but there are companies and general sectors that are actually doing better and will continue to boom after the crisis. Online businesses, on the other hand, weren’t hit as hard, in fact, some are doing a lot better. It was pretty clear that the future is online, but it seems that it is even clearer now. Let’s have a look at some of the businesses and sectors that will keep on growing in the upcoming years. Entertainment Entertainment is one area which has in part moved online since the internet became a thing. The scope of entertainment activities that are available online ha...
Can alternative markets help boost the economy during the Pandemic?
Story

Can alternative markets help boost the economy during the Pandemic?

The COVID-19 pandemic has significantly affected the world’s economy, particularly, India. It has been largely responsible for the disruption of India's economy which is one of the fastest-growing globally. The economy generally began to decline as people were forced to stay at home amidst the lock-down period. Many businesses and companies had to stop operating which caused a drop in revenue. However, new and alternative markets have begun to emerge and are capable of significantly boosting the economy during this crisis. Here are some you may like to know. iGaming iGaming is becoming a trend among gamers and has taken a large proportion of the gaming industry in recent times. The introduction of VR and AR into the iGaming world has even made online gaming realistic, immersive,...
News

Pinterest Terminates Lease of New Office Space

SAN FRANCISCO, 31st Aug 2020--  Visual discovery platform Pinterest has terminated its lease for approximately 490,000 square feet of office space to be constructed near its current headquarters campus in San Francisco, California. Instead, the company’s present plan is to continue to lease its current buildings in downtown San Francisco and remain an active member of the local community. This action is intended to support a more diverse and geographically distributed workforce at Pinterest. "As we analyze how our workplace will change in a post-COVID world, we are specifically rethinking where future employees could be based," said Todd Morgenfeld, CFO and Head of Business Operations of Pinterest. "A more distributed workforce will give us the opportunity to hire people from a wider r...
How to Prepare for Online classes in Covid19
BLOGS

How to Prepare for Online classes in Covid19

During Covid19, Online classes have become the most popular segment and all edtech platforms in the world looking to catch this booming space. But for parents and children, it has become more important to know how to navigate an online environment. Online courses allow students to learn whenever, wherever, and however works best for them. They can also present unique challenges. Pixr8 News put together some strategies for success to help ensure students get the most value out of their online classes. Set Goals Students need to have a passion and drive for their chosen area of study. Remind yourself why you chose this field of study. Passion can help maintain discipline with deadlines. Set realistic attainable goals both long and short term. Goals should be specific and measu...
MENA $659 million investment boost for startups during COVID-19
MIDDLE EAST

MENA $659 million investment boost for startups during COVID-19

The Middle East startup ecosystem is set to uncover another startup unicorn, according to experts amid a $659 million investment boom during the COVID-19 crisis. The record-breaking regional funding surge comes despite global startup funding in the first quarter of this year seeing the biggest downturn since the 2008 financial crisis, according to research from Crunchbase. Across the Middle East there are ongoing efforts to build VC Communities and startup ecosystems from scratch, as part of region-wide economic diversification efforts. One woman at the forefront of driving this movement is Areije Al Shakar, Fund Director of Al Waha Fund of Funds, the Bahraini government fund established to kickstart a VC community across MENA. Now, experts like Al Shakar are predicting that conditi...
US Invest $1.6 billion in Novavax for Coronavirus Vaccine
USA

US Invest $1.6 billion in Novavax for Coronavirus Vaccine

The US government has awarded Novavax Inc $1.6 billion to cover testing and manufacturing of a potential vaccine for the novel coronavirus in the United States, with the aim of delivering 100 million doses by January. The award announced by the US Department of Health and Human Services is the biggest yet from "Operation Warp Speed," the White House initiative aimed at accelerating access to vaccines and treatments to fight Covid-19, the respiratory disease caused by the coronavirus. Shares in Gaithersburg, Maryland-based Novavax rose 29% to $102 in morning trading. "What this Warp Speed award does is it pays for production of 100 million doses, which would be delivered starting in the fourth quarter of this year, and may be completed by January or February of next year," Novavax...
Microsoft Changes Working Strategy, Closing Physical Stores, Focuses on Online Service
News

Microsoft Changes Working Strategy, Closing Physical Stores, Focuses on Online Service

REDMOND, Wash., June 26, 2020 -- Microsoft announced a strategic change in its retail operations, including closing Microsoft Store physical locations. The company's retail team members will continue to serve customers from Microsoft corporate facilities and remotely providing sales, training, and support. Microsoft will continue to invest in its digital storefronts on Microsoft.com, and stores in Xbox and Windows, reaching more than 1.2 billion people every month in 190 markets. The company will also reimagine spaces that serve all customers, including operating Microsoft Experience Centers in London, NYC, Sydney, and Redmond campus locations. The closing of Microsoft Store physical locations will result in a pre-tax charge of approximately $450M, or $0.05 per share, to be record...
Livspace Lays off 450 employees due to impact from COVID-19
News

Livspace Lays off 450 employees due to impact from COVID-19

Bengaluru-based Livspace, which is into home design and renovation, has laid off 450 employees 15 percent of its total workforce due to an adverse impact of the coronavirus-induced lockdown.  The decision to lay off was taken last week. Earlier this month, leading co-working operator WeWork India also announced laying off nearly 100 employees. Founded in 2015 by Ramakant Sharma and Anuj Srivastava, Livspace provides a three-sided marketplace and a design automation platform that connects homeowners, certified designers and vendors. Livspace uses data science-enabled algorithms to match homeowners with designers (based on style preferences, budget, scope of work and timelines). "Due to the COVID-19 pandemic, like every business in the discretionary purchase sector, Livspace als...
Car Rental firm Hertz files for bankruptcy
News

Car Rental firm Hertz files for bankruptcy

ESTERO, Fla., May 22, 2020-- Car rantel firm Hertz today announced that its U.S. and Canadian subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. The impact of COVID-19 on travel demand was sudden and dramatic, causing an abrupt decline in the Company's revenue and future bookings. Hertz took immediate actions to prioritize the health and safety of employees and customers, eliminate all non-essential spending, and preserve liquidity. However, uncertainty remains as to when revenue will return, and when the used-car market will fully re-open for sales, which necessitated today's action.  The financial reorganization will provide Hertz a path toward a more robust financial structure that best po...
US government sees record monthly deficit of $737.9 billion
USA

US government sees record monthly deficit of $737.9 billion

The federal government piled up a record deficit in April, traditionally a month of big budget surpluses. The sea of red ink is being created by a drop in revenue and a massive increase in spending to fund efforts to deal with the coronavirus pandemic. The Treasury Department said Tuesday that the government racked up a shortfall of $737.9 billion last month. That was more than three times larger than the previous record monthly deficit of $235 billion set in February. The deficit so far for the fiscal year that began Sept. 1 climbed to $1.48 trillion. Treasury normally runs surpluses in April as the government revenues swell because of the annual April filing deadline for tax payments. But this year, among the many measures the government has taken to try to cushion the blow ...