Sunday, August 9, 2020

Passive immunity: re-engineering antibodies may help in fight against Covid-19

  Sudharma Times

                            {2 august 2020 ~ 8 august 2020}

Health News

 ~by NIKHIL  

1.Passive immunity: re-engineering antibodies may help in fight against Covid-19

3,August,2020


With millions of COVID-19 cases reported across the globe, people are turning to antibody tests to find out whether they have been exposed to the coronavirus that causes the disease.

Antibody tests look for the presence of antibodies, which are specific proteins made in response to infections. Antibodies are disease specific. For example, measles antibodies will protect you from getting measles if you are exposed to it again, but they won’t protect you from getting mumps if you are exposed to mumps.

“Antibodies are important because they prevent infection and heal patients affected by diseases,” said Victor Padilla-Sanchez, a researcher at The Catholic University of America in Washington D.C.

“If we have antibodies, we are immune to disease, as long as they are in your system, you are protected. If you don’t have antibodies, then infection proceeds and the pandemic continues,” added Sanchez.

This form of foreign-antibody-based protection is called passive immunity -- short-term immunity provided when a person is given antibodies to a disease rather than producing these antibodies through their own immune system.

“We’re at the initial steps of this now, and this is where I’m hoping my work might help,” Padilla-Sanchez said.

Padilla-Sanchez specializes in viruses. Specifically, he uses computer models to understand the structure of viruses on the molecular level and uses this information to try to figure out how the virus functions.

Severe acute respiratory syndrome (SARS) was the first new infectious disease identified in the 21st century. This respiratory illness originated in the Guangdong province of China in November 2002. The World Health Organization identified this new coronavirus (SARS-CoV) as the agent that caused the outbreak.

Now we’re in the middle of yet another new coronavirus (SARS-CoV-2), which emerged in Wuhan, China in 2019. COVID-19, the disease caused by SARS-CoV-2, has become a rapidly spreading pandemic that has reached most countries in the world. As of July 2020, COVID-19 has infected more than 15.5 million people worldwide with more than 630,000 deaths.

To date, there are not any vaccines or therapeutics to fight the illness.

2. Covid-19: Face mask by Japan startup helps you speak in 8 languages

4,August,2020


C-Mask, a smart mask by a Japanese robotic startup, has unveiled a tech face mask that lets users stay connected to their smartphones, make calls remotely, send text messages and more without accessing their smartphones.

The white silicone C-mask fits over standard face masks and connects via Bluetooth to a smartphone and tablet application that can transcribe speech into text messages, make calls, or amplify the mask wearer’s voice.“We worked hard for years to develop a robot and we have used that technology to create a product that responds to how the coronavirus has reshaped society,” said Taisuke Ono, the chief executive of Donut Robotics when speaking with Reuters.

Engineers at Donut Robotics came up with the idea of this mask as they were looking to work on a product that would keep the startup, launched in 2014, afloat amid the pandemic. It had secured a contract to supply robot guides and translators at Tokyo’s Haneda Airport, just shy of when the virus outbreak began. The translation software being created for a robot called Cinnamon has since been put on hold as it’ll be a while before air travel is able to resuscitate with full gusto in the post-pandemic world.

3. Hope for Covid-19 vaccine: Novel coronavirus strains show little variability

4,August,2020


In some “good news” for scientists working on a viable vaccine for COVID-19, a latest study has found that the SARS-CoV-2 virus behind the disease shows little variability, despite having at least six strains.

Published in the journal Frontiers in Microbiology, the “most extensive” study ever carried out on SARS-CoV-2 sequencing drew from the analysis of 48,635 coronavirus genomes, which were isolated by researchers in labs all over the world.

The researchers at the University of Bologna in Italy mapped the spread and the mutations of the virus during its journey to all continents.

The findings show that the novel coronavirus presents little variability, approximately seven mutations per sample.

Common influenza has a variability rate that is more than double, the researchers said.

“The SARS-CoV-2 coronavirus is presumably already optimised to affect human beings, and this explains its low evolutionary change,” said Federico Giorgi, a researcher at University of Bologna, and coordinator of the study.

“This means that the treatments we are developing, including a vaccine, might be effective against all the virus strains,” Giorgi said.

The researchers noted that currently there are six strains of the novel coronavirus.

The original one is the L strain, that appeared in Wuhan in December 2019. Its first mutation -- the S strain -- appeared at the beginning of 2020, while, since mid-January, we have had strains V and G, they said.

To date strain G is the most widespread: it mutated into strains GR and GH at the end of February, according to the researchers.

“Strain G and its related strains GR and GH are by far the most widespread, representing 74 per cent of all gene sequences we analysed,” said Giorgi.

“They present four mutations, two of which are able to change the sequence of the RNA polymerase and Spike proteins of the virus. This characteristic probably facilitates the spread of the virus,” he said.

Besides the six main coronavirus strains, researchers identified some infrequent mutations that, they said, are not worrying at the moment but should be monitored.

4. Good sleep quality may helps us for forgetting old memories, says study

5,August,2020


While getting proper sleep has been proven to play a critical role in our health, in a new study, researchers report that sleep may also help people to learn continuously through their lifetime.

The study led by researchers at the University of California San Diego School of Medicine was published in the journal eLife. In the study, researchers used computational models capable of simulating different brain states, such as sleep and awake, to examine how sleep consolidates newly encoded memories and prevents damage to old memories.

“The brain is very busy when we sleep, repeating what we have learned during the day. Sleep helps reorganise memories and presents them in the most efficient way. Our findings suggest that memories are dynamic, not static. In other words, memories, even old memories, are not final. Sleep constantly updates them,” said Maksim Bazhenov, PhD, lead author of the study and professor of medicine at UC San Diego. “We predict that during the sleep cycle, both old and new memories are spontaneously replayed, which prevents forgetting and increases recall performance.”

Bazhenov said that memory replay during sleep plays a protective role against forgetting by allowing the same populations of neurons to store multiple interfering memories. “We learn many new things on a daily basis and those memories compete with old memories. To accommodate all memories, we need to sleep.”

5. how common cold infection may train the body to recognise novel coronavirus

6,August,2020


The immune system’s memory helper T cells which recognise the common cold virus and help the body fight it off, also identifies some parts of the novel coronavirus, according to a study whose findings may explain why some people have milder COVID-19 cases than others.

The research, published in the journal Science, noted that the immune system’s memory T cells keep track of the viruses they have seen before, giving the cells a headstart in recognising and fighting off repeat invaders.

However, the scientists, including those from La Jolla Institute (LJI) in the US, cautioned that it is too soon to say whether such pre-existing immune cell memory affects COVID-19 clinical outcomes.

“We have now proven that, in some people, pre-existing T cell memory against common cold coronaviruses can cross-recognise SARS-CoV-2, down to the exact molecular structures,” said Daniela Weiskopf, a co-author of the study from LJI. “This could help explain why some people show milder symptoms of disease while others get severely sick,” Weiskopf said.

Alessandro Sette, another co-author of the study from LJI, noted that the reactivity of the immune system may translate to different degrees of protection.

“Having a strong T cell response, or a better T cell response may give you the opportunity to mount a much quicker and stronger response,” Sette said.

An earlier study by Sette and his team had shown that 40 to 60 per cent of people who were never exposed to the novel coronavirus SARS-CoV-2 had T cells that reacted to the virus.

According to the study, the immune systems in these individuals recognised fragments of the virus it had never seen before -- a finding which was also reported among people in the Netherlands, Germany, Singapore, and the UK.

In the current research, the scientists assessed samples collected from study participants who had never been exposed to SARS-CoV-2.

They defined the exact parts of the virus that are responsible for the cross-reactive T cell response. Their analysis showed that unexposed individuals can produce a range of memory T cells that are equally reactive against SARS-CoV-2, and four types of common cold corona viruses.

Based on the finding, the scientists said fighting off a common cold corona virus could teach the T cell compartment to recognise some parts of SARS-CoV-2 as well. They believe this process provides evidence for the hypothesis that common cold viruses can, in fact, induce cross-reactive T cell memory against SARS-CoV-2.

“We knew there was pre-existing reactivity, and this study provides very strong direct molecular evidence that memory T cells can ‘see’ sequences that are very similar between common cold coronaviruses and SARS-CoV-2,” Sette said.

The scientists found that while some cross-reactive T cells targeted the SARS-CoV-2’s spike protein -- the region of the virus that recognises and binds to human cells -- pre-existing immune memory was also directed to other SARS-CoV-2 proteins. Sette noted that the finding is relevant since most vaccine candidates target the spike protein. The findings, according to the researchers, suggest the hypothesis that inclusion of additional SARS-CoV-2 targets might enhance the potential to take advantage of this cross reactivity, and could further enhance vaccine potency.

6. Worried about your kids’ mental health

7,August,2020


It has been over a hundred days since the nationwide lockdown was imposed, in lieu of the corona virus scare. While restrictions have been eased, certain things are still a big no-no, one of these being reopening of educational institutions. Keeping in mind the well-being of children, most state governments announced that schools would remain closed for the foreseeable future. While the decision came as a sigh of relief for parents, the threat of dipping mental health of children looms large.

School has and will always remain the most memorable part of life for most of us. But for children these days, classrooms have turned into mobile phones, and teachers into virtual assistants. And this lack of exposure to the outside world has put parents in a fix.

“Society plays a major role in a child’s development,” asserts Maanwi Malik Sharma, a city-based psychologist, adding, “Children learn through mimicry and observation. What we show is what a child will repeat. When they are constantly surrounded by caregivers and do not interact with the society, they lack the connection to understand others, their ability to explore and apply problem-solving skills, leading to dependency and doubt. Additionally, they lack the ability to manipulate self and others.”

What’s more, increased exposure to gadgets amid the lockdown has led to addiction in children. “Since many children have not stepped out from their homes from long, behavioural changes are quite obvious. Kids can’t express their emotions in words, so they throw temper tantrums,” observes Dr Shanu Srivastava, a senior psychologist.

To minimise the impact of the pandemic, Dr Srivastava believes parents should pay keen attention to what their children have to say. “Listen to them, so that they can vent out their anger, anxiety or negativity. Also, schools should organise fun activity classes every day online, which includes various forms of dance, music, etc.”

Echoing similar sentiments, Dr Prerna Kohli, a clinical psychologist, feels parents need to ensure their children spend adequate time on three domains, that is, academic, social and physical (exercise).

“While children are at home, teachers need to modify the curriculum to a more practical, experience-based learning. Parents need to step up in providing social and physical outlets to children. For example, if parents and children together practised bhangra for 60 minutes daily, this would be a fun activity to address both social and physical exercise needs of school-going children,” she suggests, adding that the key is to create a schedule and adhere to it.





Business News

~by JATIN

1. Mark Zuckerberg becomes a centibillionaire as anticipation grows over TikTok rivalry

-8 August 2020


·       Being a centibillionaire

Mark Zuckerberg’s net worth passed $100 billion for the first time Thursday after Facebook Inc. hit a record high on optimism about the release of its TikTok competitor Reels, reports Bloomberg. The 36-year-old joins fellow tech titans Jeff Bezos and Bill Gates as the only people in the world who currently have centibillionaire status, according to the Bloomberg Billionaires Index. Zuckerberg’s fortune is largely derived from his 13% stake in Facebook.

·       Mind-boggling wealth

The founders of America’s largest technology companies have enjoyed a mind-boggling accumulation of wealth this year as the coronavirus pandemic drives more people online, despite the U.S. economy contracting at its fastest pace on record. Zuckerberg has gained about $22 billion this year, while Bezos is up more than $75 billion.

·       Big tech

The staggering numbers have put Big Tech under increased scrutiny, with Zuckerberg, Bezos, Apple Inc. Chief Executive Officer Tim Cook and Alphabet Inc. head Sundar Pichai testifying before Congress last month to defend allegations that their power and influence are out of control.

 

·       phere of influence

The five largest American tech companies -- Apple, Amazon.com Inc., Alphabet, Facebook, and Microsoft Corp. -- currently have market valuations equivalent to about 30% of U.S. gross domestic product, nearly double what they were at the end of 2018.

·       Philanthropic largesse

Zuckerberg, who founded the social media giant from his Harvard University dorm room in 2004, has said he plans to give away 99% of his Facebook shares over his lifetime.

·       Global phenomenon

Even overseas, tech giants are among the top gainers this year. Tencent Holdings Ltd. CEO Pony Ma has added $17 billion, taking his fortune to more than $55 billion, while the wealth of Pinduoduo Inc.’s Colin Huang has gained $13 billion to $32 billion. India’s Mukesh Ambani has become $22 billion richer as the digital unit of his Reliance Industries Ltd. got investments from firms including Facebook and Silver Lake. He’s now worth $80.3 billion.


2.Donald Trump’s orders on WeChat and TikTok are uncertain. That may be the point.

-7 August 2020


President Donald Trump’s sudden decision late Thursday to restrict two popular Chinese social media services from the United States has created confusion about how broad the bans on doing business with China could ultimately be.

That confusion may be part of the point.

Citing national security concerns, the Trump administration announced that it would bar people and property within U.S. jurisdictions from carrying out “transactions” with WeChat and TikTok, the two Chinese-owned apps, after 45 days. But the White House did not define what those transactions included, leaving companies bewildered about whether they may be forced to fundamentally change their business within a matter of weeks.

Stoking this kind of uncertainty is something that the Trump administration has not been apologetic about in the past. Some White House advisers see it as a feature rather than a bug of their policy process, arguing that the risk of further crackdowns will dissuade U.S. companies from operating in China.

That, they said, is a good thing because Chinese policies like “civil-military fusion” have undermined the ability of both Chinese and U.S. companies to operate independently in China.

“Mobile apps like TikTok and WeChat that collect your personal or business information and that can track, surveil or monitor your movements put you and your family in the crosshairs of an Orwellian regime,” Peter Navarro, White House director of trade and manufacturing policy, said in an interview. He posed a question to mothers in the U.S.: “It’s 10 p.m. Does the Chinese Communist Party know where your children are at?”

Navarro acknowledged that some multinationals might oppose the measures but said that “the American public is tired of the corporate greed that, before the Age of Trump, sent our jobs overseas and now endangers our national security and privacy.”

Critics countered that the Trump administration’s unpredictable actions threaten to compromise the secure business environment that the United States is known for, in which rule of law prevails and the government rarely interferes in the market.

“The government inserting this much uncertainty into the business landscape and into the user landscape is deeply problematic,” said Matt Perrault, a professor of Duke University’s Center for Science & Technology Policy.

On Friday, TikTok, which is owned by Chinese internet conglomerate Byte Dance, said in a statement that it was “shocked by the recent executive order, which was issued without any due process.” It said it had sought to work with the U.S. government for nearly a year but instead found the White House “paid no attention to facts, dictated terms of an agreement without going through standard legal processes, and tried to insert itself into negotiations between private businesses.”

A spokesman for Tencent, the parent company of WeChat, which is widely used in China and around the world as a messaging and payments app, said it was “reviewing the executive order to get a full understanding.”

The Trump administration has steadily ramped up its actions in a broader economic and geopolitical fight with China, starting with a trade war that put tariffs on hundreds of billions of dollars of Chinese products in 2018 and 2019. It also introduced restrictions on other kinds of Chinese technology, including clamping down on exports to Chinese telecom giant Huawei.


3.Philippine economy dives into recession in worst slump on record as cases continue to rise

-6 August 2020


The Philippine economy plunged by much more than expected in the second quarter, falling into recession for the first time in 29 years, as economic activity was hammered by one of the world's longest and strictest coronavirus lockdowns.

The Southeast Asian nation's economy shrank by 16.5% in April-June from the same period last year - the biggest slump in the government's quarterly GDP data dating back to 1981, the Philippine Statistics Authority said on Thursday.

Gross domestic product fell by much more than the 9% contraction forecast in a Reuters poll and was worse than a revised slump of 0.7% in the first quarter. Seasonally adjusted GDP fell 15.2% in the second quarter from the first three months of the year.

The economic hit from the pandemic could worsen with the government reimposing tighter quarantine controls in the capital Manila and nearby provinces for two weeks from Tuesday amid resurging coronavirus cases.

"The Philippine economy crash-landed into recession with the 2Q GDP meltdown showcasing the destructive impact of lockdowns on the consumption-dependent economy," said ING senior economist Nicholas Antonio Mapa.

"With record-high unemployment expected to climb in the coming months, we do not expect a quick turnaround in consumption behaviour, all the more with COVID-19 cases still on the rise."

The Philippines main share index showed little reaction to the data.

Some businesses have been ordered shut and movement restricted again in Manila and nearby provinces, which accounts for a quarter of the country's population and most of its economic activity.

The Philippines recorded 115,980 confirmed infections as of Wednesday, just behind Indonesia's 116,871 cases, which is the highest in East Asia.

With inflation expected to remain subdued throughout the year, the central bank has room for further policy easing if needed, analysts say.

It has slashed the benchmark interest rate by a total of 175 basis points this year to a record-low of 2.25%.


4.Apple replaces Phil Schiller with Greg Joswiak as its top marketing executive

-5 August 2020

Apple announced Tuesday that its long-serving chief marketing officer, Phil Schiller, would step down and be replaced by Greg Joswiak, a prominent product marketing executive at the company.

The company said that Schiller would continue to work at the company as an “Apple Fellow” and oversee the Apple App Store and the company’s communications, among other duties. He will continue to report to Apple’s chief executive, Tim Cook.

“Phil has helped make Apple the company it is today, and his contributions are broad, vast, and run deep,” Cook said in a statement. He added that Joswiak’s many years of leadership at the company made him “perfectly suited to this new role.”

The move follows the departure of some prominent company leaders in the last few years, including Jony Ive, Apple’s former head of design, and Angela Ahrendts, who once served as the company’s head of retail.

“I’ll keep working here as long as they will have me,” Schiller, 60, said in the company’s statement. “I also want to make some time in the years ahead for my family, friends and a few personal projects I care deeply about.”

Schiller’s title as head of marketing was, in some ways, an understatement for his actual role at the company. The Apple executive was involved in the conception and design of the company’s most important products, including the iPhone and iPad, working closely with Steve Jobs, Ive and Scott Forstall, the former head of software. Schiller has worked at Apple since 1987.

In an interview in October, Schiller reflected on the development of the original iPad. Around 2005, he and other Apple executives watched a demonstration from Bas Ording, an interface designer, on multitouch technology, in which he pretended to scroll on the screen and the screen moved up and down, mimicking realistic physics. The team decided to table the development of a tablet and focus on bringing multitouch technology to a smartphone, which would eventually become the iPhone. The iPhone’s success, followed by the introduction of the App Store, laid a foundation for Apple to develop the iPad.

“We all got excited because when you think of all of the best products from Apple through history, usually the user interface model is essential to that departure from the past — whether it’s the mouse and the Mac, the click wheel on the iPod — this was going to be one of those moments,” he said.

When Jobs took a leave of absence from the company before his death, Schiller hosted the company’s marketing events to introduce new products. Some believed Schiller was among those who could succeed Jobs, though it eventually became clear that Cook would take over.

Schiller has long overseen the App Store, which faces scrutiny for taking a 30% cut of app sales and in-app purchases. Lawmakers questioned Cook about the store last week on Capitol Hill, arguing that the policy was anti-competitive and asking why Apple ranked its own apps ahead of rivals’ offerings. Among other issues, they noted that Apple tried to collect its commission on the sales from businesses like Class Pass and Airbnb when they began selling virtual classes during the coronavirus pandemic.

Joswiak, 56, another longtime Apple veteran known for his gregariousness, oversaw marketing for the iPhone and the iPod. He has worked more often behind the scenes, giving presentations of new products to media professionals. He made few onstage appearances but became more actively involved in events over the last few years.


5.Aviation sector has biggest pandemic default risk: Insurance survey

-4 August 2020


The aviation sector carries the biggest risk of corporate default as a result of the coronavirus pandemic, according to a survey of insurers published by broker Gallagher on Tuesday.

Only 29% of credit and political risk insurers had seen claims directly related to the virus so far, the survey of underwriters, conducted in June and July, showed.

Companies or lenders buy credit insurance to get cover for non-payment for goods or services.

Pandemic-related credit insurance claims are, however, likely to rise later this year or early next year, as businesses struggle to stave off default, said Matthew Solley, managing director of structured credit and political risks at Gallagher.

Aviation, oil and energy, and tourism were the three sectors in their portfolios that concerned insurers the most.

Virgin Australia, Air Mauritius and Colombia-based Avianca are among airlines to have ceased operations in the past few months, with planes grounded by lockdowns around the world.

Insurers also worry about non-payment by governments, with Zambia seen the biggest risk.

In the broader political risk insurance market, which can cover issues ranging from expropriation to war, Argentina was seen as the biggest concern.

The survey of 76 underwriters from 46 firms in Lloyd's of London and the broader London commercial insurance market was carried out between June 24 and July 9.


6.German laser tech company Mynaric says government blocked exports to China

-3 August 2020


A German company that specializes in laser communication says it is pulling out of uncompleted deals in China after the German government barred it from delivering hardware to the country. Mynaric said on Friday that it had requested official clearance of a planned export of products to a Chinese customer, which it didn't identify.

It said it received a notification "that clearly prohibits Mynaric from delivering laser communication hardware to China."

Asked on Monday about the company's announcement, Economy Ministry spokesman Korbinian Wagner had no immediate comment and said the government typically doesn't confirm, deny or comment on individual cases.

Mynaric, which said it hadn't yet delivered any laser communication hardware to China, said it is ceasing business in China immediately and would start extricating itself from uncompleted transactions.

It said it "considers its clear commitment to national interests of its core markets as critical to its business success."

"This commitment is even more important now, considering pending governmental opportunities in the US - a market that is currently gaining significant momentum," it added, citing as one example the Space Development Agency's current examination of proposals related to a U.S. government communication network.

Mynaric said it "has received high interest from numerous international actors." Increasing antagonism between the United States and China is rattling governments and companies around the world, with the role of China's Huawei in 5G telecommunications networks one major source of tension.


7.More than 1,000 companies boycotted Facebook. Did it produce any noticeable results?

-2 August 2020


The advertiser boycott of Facebook took a toll on the social media giant, but it may have caused more damage to the company’s reputation than to its bottom line.

The boycott, called #StopHateForProfit by the civil rights groups that organized it, urged companies to stop paying for ads on Facebook in July to protest the platform’s handling of hate speech and misinformation. More than 1,000 advertisers publicly joined, out of a total pool of more than 9 million, while others quietly scaled back their spending.

The 100 advertisers that spent the most on Facebook in the first half of the year spent $221.4 million from July 1 through July 29, 12% less than the $251.4 million spent by the top 100 advertisers a year earlier, according to estimates from the advertising analytics platform Pathmatics. Of those 100, nine companies formally announced a pullback in paid advertising, cutting their spending to $507,500 from $26.2 million.

Many of the companies that stayed away from Facebook said they planned to return, and many are mom-and-pop enterprises and individuals that depend on the platform for promotion.

Facebook said that the top 100 spenders contributed 16% of its $18.7 billion in revenue in the second quarter, which ended June 30. During the first three weeks of July, Facebook said, overall ad revenue grew 10% over last year, a rate the company expects to continue for the full quarter.

Still, the boycott helped amplify discussion of toxic content on Facebook. The issue was raised in a congressional hearing this past week and in repeated meetings between ad industry representatives and Facebook leaders. In the face of the pressure, Facebook released the results of a civil rights audit last month and agreed to hire a civil rights executive.

Sheryl Sandberg, Facebook’s chief operating officer, said during the company’s earnings call that, like the boycott’s organizers, “we don’t want hate on our platforms, and we stand firmly against it.”

Companies like Beam Suntory and Coca-Cola have vowed to continue pressuring Facebook, especially as the presidential race heats up. On Thursday, ice cream company Ben & Jerry’s said it planned to keep withholding spending on product promotions through the end of the year “to send a message.”

 

Technology News

 ~by GAURAV

1.Intel investigating apparent leak of 20GB of 

classified documents

-7 August 2020

 Intel is looking into how more than 20GB of its classified files ended up being uploaded onto a public platform allegedly after being accessed on an unsecured server on Akamai CDN.

The documents were published on file sharing platform MEGA by swiss software engineer Tillie kottmann who said that they had been passed to them by an anonymous hacker. kottmann manages a telegram channel (@deletescape) for acquiring and subsequently sharing leaked confidential materials with the public.

The hacker claimed to have breached Intel earlier this year. According to kottmann: “most of the things here have NOT been published ANYWHERE before and are classified as confidential under NDA or Intel restricted secret.”

They said that this release contained documents relating to a range of products such as its cabby lake CPUs, which will launch in September and a sensor package developed for SpaceX. the materials included internal presentations,” very horrible training videos marketing materials and source code for various platforms

2.Trump orders ban on transaction with TikTok 

and TenCent

-5 August 2020

US president Donald trump has signed a pair of executive orders forbidding transactions with Tik tok parent company byte dance and WeChat parent company TenCent. trump claims that the Chinese app are national security threats. trump described Tik Tok (a video-sharing app wildly popular among young Americans) and WeChat (a messaging, social media and payment app widely used in china and by the Chinese diaspora) as posing a “national Chinese apps threaten national security foreign policy and the economy of the US.

The executive orders come amid escalating tensions between the white house and Beijing. trump has specifically targeted tech companies such as Huawei. ZTE and byte dance in his attacks on china restricting their freedom to do business the US and US allies.

3.India's move to protect citizens data is resonating

 globally say Ravi Shankar prasad 

-4 August 2020

NEW DELHI: India has the lead in ensuring data security and sovereignty of its citizens by blocking apps such as TikTok and US president Donald trump has taken note of this move in his executive orders said telecom and IT minister Ravi Shankar prasad on Friday.

“India has been pursuing all means to protect the digital security privacy and rights of its citizens. it has exercised sovereign power for defense and security of India while blocking apps including TikTok and the move is now resonating globally, “prasad told ET.

He was speaking a day after US president Donald Trump issued separate executive orders banning US residents from transacting with Byte Dance, owner of popular video – sharing app TikTok as well as with TenCent -owned We chat app. the order takes effect in 45 days.

4.ITI, Ilantus team up to deliver make in India 

Identity Access Management solutions

-3 August 2020

ITI a state -run telecoms and defense equipment manufacturing Company on Saturday joined hand with ILantus technologies to deliver identity and access management solution to government agencies defense and public sector firms amid rising concerns of cyber threats in India.

Under the partnership the two companies will deliver a single IAM product comprising all the features required to address the challenges

of fragment identity landscape further, ITI will market the solution to government organization in the country the PSU said in a release.

5.With reels launch mark Zuckerberg’s personal

 wealth hits $100 billon

-2 August 2020

The personal wealth of Facebook founder and CEO mark Zuckerberg has touched $100 billion after the social network launched a Tik Tok rival called Instagram reels this week.

With the launch of the short -video making app Facebook stock rose by more than 6% (Zuckerberg holds a 13 per cent stake in the social networking giant).

This rise, Zuckerberg has joined Amazona founder and CEO jeff Bezos and Microsoft’s bill gates in the exclusive the BBC.

Zuckerberg plant to donate 99 per cent of his Facebook share over his lifetime through the charitable foundation he set up with his wife priscilla Chan.

Amid uncertainties surround Tik Tok business in the US Facebook has introduced Instagram reels that will allow people to create and discover short entertaining videos.   

Sunday, August 2, 2020

Want to push for continued advancement of China-Nepal ties: Xi Jinping

   Sudharma Times

                         { 26 July 2020 ~ 1 august 2020 }


Political News   

                      ~by RISHABH

1. Want to push for continued advancement of China-Nepal ties: Xi Jinping.

-1 August 2020


Chinese President Xi Jinping on Saturday said he wants to push for a continued advancement of ties with Nepal amidst Beijing’s sustained forays to shore up pro-China Prime Minister K P Sharma Oli grip on power in the backdrop of intra-party feud in the ruling communist party.

In an exchange of congratulatory messages with his Nepalese counterpart Vidhya Devi Bhandari on the 65th anniversary of the establishment of diplomatic relations, xi asserted that he was ready to work to bring greater benefits to the two peoples of the two neighbouring countries.

The Chinese President said that he attaches great importance to the development of China-Nepal relations and is willing to work with his Nepali counterpart Bhandari to push for the continued advancement of the bilateral relationship.

2. ‘Don’t want to wait for 3 months and then find out ballots were missing’: Donald Trump.

-31 JULY 2020


US President Donald Trump on Thursday (local time) said he doesn’t want to delay the November election but expressed doubts about ‘mail-in voting’.

‘I don’t want a delay; I want to have the election. But I also don’t want to have wait for three months and then find out that the ballots were all missing and missing and election doesn’t mean anything,’ said the US President at a press conference.

‘Do I want to see a date change? No. But I don’t want to see a crooked election. This election will be the most rigged election in history if that happens,’ Trump was quoted as saying by The Hill, referencing widespread mail-in voting.

‘With Universal Mail-In Voting (not Absentee Voting, which is good), 2020 will be the most INACCURATE & FRAUDULENT Election in history. It will be a great embarrassment to the USA. Delay the Election until people can properly, securely and safely vote???’ Trump had earlier said in a tweet.

3. Pakistan indulging in activities to deflect attention from support to terror: India.

-30 JULY 2020


As Pakistan plans to hold protests to mark one year of the scrapping of Article 370, India on Thursday said the neighbouring country indulges in such activities to divert international attention from its support to cross-border terrorism in Jammu and Kashmir.

August 5 will mark the first anniversary of India’s decision to abrogate Article 370 of THE India Constitution from Jammu and Kashmir and to bifurcate the state into two union territories.

‘They indulge in activities from support to cross border terrorism,’ external affairs ministry spokesperson Anurag Srivastava said at an online media briefing, replying to a question on Pakistan’s planned activities to protest India’s action of scrapping of Article 370 on its first anniversary next week.

4. Trump tweets in defense of disproved Covid-19 treatment.

-29 JULY 2020


President Donald Trump issued a stout defense Tuesday of a disproved use of a malaria drug as a treatment for the corona virus, hours after social media companies moved to take down videos promoting its use as potentially harmful misinformation.

The president, in a marked shift from the more measured approach he’s taken toward the virus in recent days, took to Twitter to promote hydroxychloroquine as a treatment for Covid-19, the disease caused by the virus, and to amplify criticism of Dr Anthony Fauci, the nation’s top infections disease expert. In a White House briefing, Trump defended his decision to promote a viral video of a group of doctors promoting the use of the drug Monday, even though his own administration withdrew emergency authorization for its use against the corona virus.

5. Indian-origin politician Pritam Singh appointed of Opposition in Parliament.

-28 JULY 2020


Indian-origin politician Pritam Singh was on Tuesday designated as the Leader of the Opposition in Singapore, the first such appointment in the history of the city-state.

The 43-year old Singh’s Worker’s Party won 10 parliamentary seats out of the 93 contested in the biggest opposition presence in Singapore’s Parliament.

Singh is the Secretary-General of Worker’s Party. Singapore’s legislatures have never had formally designated Leaders of the opposition, and such a position is not provided for in the Constitution or the Standing Orders of Parliament,’ the parliamentary offices said in its statement on Tuesday.

6.Be more like Pakistan, China tells Afghanistan and Nepal at four-country meet.

-27 JULY 2020


China on Monday urged Afghanistan, Nepal and Pakistan to forge ‘four-party cooperation’ to overcome the Covid-19 crisis and continue work on projects under the Belt and Road Initiative (BRI), including the China-Pakistan Economic Corridor (CPEC).

Presiding over a virtual meeting with his counterparts from the three countries, China’s foreign minister Wang Yi said the four status should work together to extend CPEC to Afghanistan.

The video conference, organized by Beijing ostensibly to discuss the Covid-19 pandemic, was held against the backdrop of the months-long India-China border standoff.

Given India’s currently strained ties with Nepal, the meeting is unlikely to go down well with the foreign policy establishment in New Delhi.

7. Senior UN official skips Pakistan visit, citing flight issue.

-26 JULY 2020


The incoming president of the United Nations General Assembly announced Sunday that he was postponing a scheduled visit to Pakistan ‘due to some technical flight problems.’

Turkish diplomat Volkan Bosker was elected president of the 75th session of the United Nation General Assembly last month and was scheduled to arrive in Islamabad on Sunday.

But in a Twitted post, he said the visit to Pakistan’s capital would have to wait.

Pakistan’s foreign minister shah Mehmood Qureshi tweeted in response to Bosker that ‘I look forward to welcoming you to Pakistan soon for a constructive and fruitful visit.’


Health News

                                                    ~by NIKHIL  

1.HIV-related stigma still at a high in US, study reveals

-26 JULY 2020


Nearly nine out of 10 Americans believe there is still stigma around HIV, while 59% think it is important to be careful around people who are HIV positive, a study published on Monday found.

Half the 2,506 American adults questioned in the survey, for media advocacy group GLAAD and pharmaceutical company Gilead, felt knowledgeable about HIV, while six out of 10 believed it could be treated.

“People living with HIV today are leading long, healthy lives ... but the stigma that they face has persisted for far too long and leads to harmful discrimination,” said GLAAD president and chief executive Sarah Kate Ellis in a statement.

“HIV issues have flown under the radar, but with advances in treatment and prevention, we urgently need to educate the public on the facts about HIV today.”

As of 2018, there were about 1.2 million people living with HIV in the United States, according to the United Nations.

Deaths from AIDS, the disease caused by HIV, have fallen sharply since the peak of the pandemic in the mid-1990s, U.N. data shows, with fewer than 8,000 Americans succumbing to the disease each year.

Although there is no cure for HIV, the virus can be treated with antiretroviral medication, making it undetectable when there are too few copies of it in the blood to show up on standard blood tests.

According to the U.S. Center for Disease Control and Prevention (CDC), a person taking HIV medication as prescribed has virtually no risk of transmitting the virus to sexual partners.

Despite this, 59% of Americans, including more than half of LGBT+ Americans, surveyed agreed that “it is important to be careful around people living with HIV to avoid catching it”.

Only about a third of those surveyed said that someone living with HIV “shouldn’t have to tell others” about their condition.

About half of all Americans, and 40% of LGBT+ Americans, said they would be uncomfortable having a partner or spouse with HIV.

“This new survey gives us valuable insight into the role stigma plays as a barrier to care,” said Amy Flood, senior vice president of public affairs at Gilead, by email.

“The solution will require collaboration between the entire community fighting this epidemic.”

The GLAAD study was conducted online between November and December last year.

(This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.)

 

2.Does being fatter increase severe Covid-19 risk? Study finds possibilities

-27 JULY 2020


Evidence emerging around the world suggests that people who are overweight or obese are at increased risk of getting more severely ill with Covid-19, the disease caused by the SARS-CoV 2 coronavirus.

Scientists are still learning about which specific mechanisms might explain this link, but they say some likely factors are:

FAT ADDS STRAIN

- Obesity leads to fat accumulation in vital organs like the heart, and leads to insulin resistance and high blood pressure. This means obesity often coincides with other health conditions, including diabetes, a weaker heart, and less well-functioning liver and kidneys.

- Excess fat can also affect the respiratory system. In other words, it can make someone breathless and less able to get oxygen into the blood and around the body. It is also likely to have an effect on inflammatory and immune functions.

- “Obesity puts extra pressure and metabolic strain on almost every organ system of the body,” said Susan Jebb, a professor of diet and population health at Britain’s Oxford University. “So it’s perhaps not surprising that it also exacerbates the risk of Covid-19 complications.”

FATTY TISSUE

- Fatty tissue - also known as adipose tissue - has high levels of an enzyme called angiotensin-converting enzyme, or ACE2, which is used by the new coronavirus to enter cells.

People with higher levels of ACE2 in their blood and other tissues are likely to be more susceptible to Covid-19 infection.

TWO ‘PANDEMICS’ CLASH

Francesco Rubino, an expert on obesity and chair of metabolic and bariatric surgery at King’s College London, calls the Covid-obesity link a “clash of two pandemics”.

“The (coronavirus) pandemic really brings to the fore the need to tackle obesity more aggressively,” he said. “One lesson from the pandemic of Covid-19 is that not treating obesity is not an option.”

3.Coronavirus pandemic | 43% Indians suffering from depression: Study

-28 JULY 2020


Ever since the pandemic hit India over five months back, followed by an unprecedented lockdown, stress levels have been on the rise with 43%Indians suffering from depression, according to a new study.

Conducted by GOQii, a smart-tech enabled preventive healthcare platform, the study surveyed over 10,000 Indians to understand how they have been coping with the new normal. According to the study, 26 per cent respondents were suffering from mild depression, 11% were feeling moderately depressed, and six% were facing severe symptoms of depression.

“The last five months have been unexpected. The situation has taken a major toll on the mental health of citizens. With the series of lockdowns, anxiety, job cuts, health scares, and the overall volatile environment, stress levels are at an all-time high. Copious amounts of stress can lead to depression. With the current lockdown and lifestyles drastically changing, we have seen that 43% of Indians are currently plagued with depression and are learning to cope with it,” the study said.

To monitor the severity of depression in the respondents, the study relied on self-administered Patient Health Questionnaire or PHQ-9 (a form of primary care evaluation of mental disorders).

It took into account nine aspects of an individual’s daily routine, including interest levels in activities, appetite, sleep cycles, ability to concentrate, and energy levels. “Our study indicates that an increasing number of people across the country are dealing with mental health issues triggered by the spread of the coronavirus and the consequent lockdown. “The mounting uncertainty is the basis of the high stress index which can be controlled with a balanced diet, changes in lifestyle and appropriate sleep patterns,” said Vishal Gondal, Founder and CEO, GOQii.

Those feeling depressed complained of having little interest or pleasure in doing things, feeling hopeless, dealing with erratic sleep cycles, poor eating habits, low levels of energy, low self esteem, having trouble concentrating, being restless, and having thoughts of self harm. “More than 59% of the population said they had little pleasure in doing things these days, out of which 38% have this feeling on a few days and 9% feel so more than half of the days. Nearly 12% felt this way almost every day in these times,” the study said.

It pointed out that more than 57% of the respondents complained of feeling tired or having little energy through “at least some days in the last few weeks”. “At least more than 15% have this feeling more than half of the days. This leads to some people sleeping too much while some others have trouble sleeping. “With the change in lifestyle, approximately half of the population is having trouble with their sleep,” the study said.

“At least 7% of the population goes through this nearly every day while 33% experience it on a few days,” it added.

Feeling hopeless, on the other hand, was not so common among the respondents. Only 10% of them said they felt “down and depressed” more than half of the days or nearly every day.

The study suggested that adding exercising to one’s daily routine could help improve their mental health. “Exercising can lead to endorphins (the happy hormone) which can help with depression. The more depressed you are, the more likely you are to not workout. “But, it is important to cajole yourself into doing more things that make you feel happier,” it said.

4.Hand sanitiser in Covid-19 pandemic: How much is too much?

-29 JULY 2020


Excess of anything is bad and the same holds true for hand sanitisers as well. Although sanitisers have ruled our lives amid the pandemic, and have become a necessity in the ‘new normal’ world — blame it on the paranoia, or stress owing to the spread of the virus — there have been times where people have used sanitisers excessively. And this has reportedly lead to breathing problems and hand allergies, among other health concerns. Often, just one trip to the market leaves one with sore hands due to copious amounts of sanitisers poured, at the entry of most stores. So, how much is too much? And how can one be wary of excessive usage of sanitisers?

Yatin Wadhwa, a Gurugram-based businessman, says he has developed an allergy on his hands due to an increased use of sanitisers. “I was using sanitisers about 10 to 15 times a day, and slowly developed an allergy on my hands. I went to the doctor and he gave me medicines to eat, and to apply on the skin. That was the lesson for me to restrict my usage of sanitisers!”

5.Eid al-Adha 2020: Safety precautions and measures issued by WHO to be observed during the celebration of Bakrid

-30 JULY 2020


Eid al-Adha is a time of celebration, and the devotion and love of Ibrahim towards Allah is celebrated. It is also the time for offering prayer, feasting on that which has been sacrificed and partaking of the feast with the needy and providing them with alms. Muslims around the world gather at mosques to offer their prayers and interact with their relatives in celebration but this can be problematic considering the pandemic that the world is undergoing currently.

It is imperative to maintain the proper safety procedures to ensure that more contamination does not take place during the celebration of this joyous occasion. As Eid al-Adha consists of masses of people gathering together in celebration, the World Health Organisation (WHO) have issued some guidelines that should be followed through the course of the celebration, to ensure everyone’s safety.

• Clean your hands frequently and follow proper coughing and sneezing etiquette.

• Maintain physical distance of at least 1 metre and if physical distancing cannot be achieved, wear a mask.

• If you are over the age of 60 or have any pre-existing medical conditions such as diabetes, cardiac disease, chronic lung disease, chronic kidney disease or cancer, avoid attending Eid al-Adha prayers and gathering. The same applies if you are exhibiting any Covid-19 symptoms or are feeling unwell.

To maximize the safety of all attendees at prayers and family gatherings, these measures can be taken –

• Shorten the events to limit exposure.

• Maintain physical distancing, including while praying.

• Regulate flow of people at entrances and exits.

• Trace contacts if an ill person is identified among the attendees.

WHO has issued guidelines that the mosques holding Eid ul-Adha prayers should ensure –

• Availability of soap, water, and alcohol-based hand-rub.

• Use of personal prayer rugs.

• Visual displays of advice on safety measures against Covid-19

• Disposable tissues and bins for safe disposal

• Routine cleaning of frequently touched objects and surfaces.

• Applying physical distancing measures of at least 1 metre.

While Covid-19 spreads primarily through human-to-human transmission, there is also evidence of transmission from humans to animals. In order to ensure cleanliness and safety during the ritual animal sacrifice, WHO has issued a guideline –

• Do not slaughter at home.

• Do not slaughter animals that appear sick.

• Procure animals through trusted official procedures.

• Nominate one household member to perform the sacrifice.

• Consider using centralized institutions to avoid overcrowding.

• Adhere to physical distancing and proper hand hygiene throughout the cycle (collection, packaging, storing and distribution)

Only those facilities that are following these precautions are deemed safe for slaughter of animals –

• Sanitation, e.g. hand washing facilities, clean walls and floors.

• Staff use protective measures and do not show symptoms.

• Waste materials are collected and disposed of.

• Adequate veterinary checks for livestock.

• Dedicated space for isolation of suspected sick animals.


Business News

                            ~by JATIN

1.London’s newest ghost town was financed by China

-1 August 2020


Chinese President Xi Jinping and then-U.K. Prime Minister David Cameron were on hand to toast the signing of the deal to transform 35 acres of derelict London riverfront into a bustling finance hub.

Five years on, in the wake of Brexit and a cooling of Sino-British ties, developer Xu Weiping’s vision for another Canary Wharf packed with Chinese companies looks more like a mirage. Overlooking the Thames, along the old Royal Albert Docks and across the water from City Airport, stand 21 new buildings that form the first phase of the 1.7 billion-pound ($2.2 billion) project. They’re almost all empty.

“All of these geopolitical changes have brought uncertainty, which affected the mindset of Chinese and Asian investors,” says Xu, a China-born citizen of the Seychelles who has been in London since the outbreak of the pandemic. “Some of them already paid deposits, but because of those changes they had a change of heart. Therefore, the tension between China and the U.K. definitely brought risks to our project here.”

Not just Xu’s project. U.K. real estate investors, already facing a deadly virus that’s threatened rent payments, occupancy and defaults, have seen the tap from China virtually shut. While investment was curbed by the tightening of capital controls in 2017, investors from China, excluding Hong Kong, have yet to acquire a single commercial property in Britain so far in 2020, according to data compiled by broker CBRE Group Inc. This would be the first year they’ll have been out of the market since 2011.

The U.K decision, under U.S. pressure, to ban Huawei Technologies Co. from building its 5G networks and the suspension of its extradition treaty with Hong Kong have sparked a new era of hostility between the world’s rising superpower and the territory’s 19th century colonizer. In retaliation, China scrapped a new London headquarters for social media giant TikTok Inc., and state-run media has warned that steps to punish HSBC Holdings Plc, Jaguar Land Rover Automotive Plc and Burberry Group Plc could be next.

“This is another era of cold war that we need to wake up to,” Tobias Ellwood, a Conservative lawmaker and chairman of the U.K. Parliament’s Defense Committee, said in a Bloomberg TV interview. A former army officer, Ellwood is among the backbenchers who persuaded the government to reverse an initial decision to welcome Huawei.

Deal Drought
It’s all a far cry from the heady days of 2015 when Cameron boasted that Britain was “China’s best partner in the west.” The mere fact Xu won the rights to the site two years earlier hints at a friendlier era. Financing was provided by some of China’s biggest lenders, including Critic Bank, Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China and China Construction Bank.

Xu was an unknown quantity in London even after his Advanced Business Park was selected to develop the plot in 2013. When city officials who oversaw the bidding asked for proof of his credentials and ability to finance the project, he offered them his custom-made watch.

“The most valuable item on me was that watch,” Xu said in a Zoom interview. “It was expensive but more importantly it was very valuable to me personally so I wanted to offer it to show our commitment to this project.”

The procurement process was later investigated by the city government’s oversight committee to examine whether officials had tweaked the rules in ABP’s favor. It eventually concluded the company was the only viable contender for the project.

Spokespeople for the Greater London Authority, as the city government is called, didn’t return calls or emails seeking comment.

 

 

2.Donald Trump offers, Democrats reject fix for $600 jobless benefit

-31 JULY 2020


With aid expiring, the White House offered a short-term extension on Thursday of a $600 weekly unemployment benefit that has helped keep families and the economy afloat during the COVID-19 pandemic, but Democrats rejected it, saying President Donald Trump's team failed to grasp the severity of the crisis.

Democratic leaders panned the idea in late-night talks at the Capitol, opting to keep the pressure on for a more sweeping bill that would deliver aid to state and local governments, help for the poor and funding for schools and colleges to address the pandemic. Without action, the benefit runs out Friday.

"They want to do one small thing that won't solve the problem," said top Senate Democrat Chuck Schumer after meeting with Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows. "We have to have a bill, but they just don't realize how big it has to be," said House Speaker Nancy Pelosi, D-Calif.

Republicans have been fighting to trim back the $600 jobless benefit in the next coronavirus package, but their resolve weakened with the looming expiration of the popular benefit - and as Trump indicated that he supports keeping the full $600 benefit for now

"We want a temporary extension of enhanced unemployment benefits," Trump said at the White House. "This will provide a critical bridge for Americans who lost their jobs to the pandemic through no fault of their own." He added: "It has to be substantial."

During the two-hour meeting at the Capitol, Trump's team offered a weeklong extension. But Democrats have so far rejected a piecemeal approach, saying the next relief bill needs to move as a complete package. The sides agreed to talk again Friday and into the weekend.

Before Trump spoke, top Senate Republican Mitch McConnell adjourned the chamber for the weekend while taking a procedural step that could allow voting on a potential compromise next week. Negotiators for the first time this week reported at least some progress.

"On certain issues we made progress. On certain issues we're still very far apart," Mnuchin said after the two-hour meeting in Pelosi's office. "The speaker and Sen. Schumer said - and we feel the same way - that it is our objective to try to reach an agreement that's good for the American people."

There continues to be agreement among Washington's top power players that Congress must pass further relief in the coming days and weeks.

Trump is eager for another round of relief, and it's also a priority for GOP allies like McConnell, as well as Pelosi and Schumer, D-N.Y. Democrats hold a strong negotiating hand - exploiting GOP divisions over whether more aid is even needed - and they are expected to deliver a necessary trove of votes.

Raising the stakes, a bleak government report released Thursday said the economy shrank at a 33% annualized rate in the second quarter of the year, a stark reminder of the economic damage afflicting the country as lawmakers debate the size and scope of new relief.

"This jarring news should compel Congress to move swiftly to provide targeted and temporary assistance to unemployed Americans, employers, and state and local governments, and liability protections for businesses who follow public health guidelines," said Neal Bradley of the U.S. Chamber of Commerce, the powerful business group.

But bipartisan talks have yet to reach a serious, productive phase. Democrats are playing hardball, insisting on a package that's far larger than the $1 trillion-plus measure unveiled by McConnell on Monday. Thursday brought more tit-for-tat.

"They won't engage. Period," McConnell said as he opened the Senate. "The Democrats are saying, my way or the highway."

Pelosi and McConnell have an extensive history, however. They often find ways to reach deals, though the process involves intense maneuvering and plenty of cross words.

McConnell showed a willingness in recent days to consider some Democratic priorities, like additional food aid. He and Trump have made plain they are intent on getting a bill

Schumer continued his daily fusillade against McConnell and Republicans controlling the Senate, noting that McConnell "refuses to go in the room" and join the talks in person, instead transferring ownership of the talks to Meadows, along with Mnuchin, who has been a key architect of previous accords.

 

 

3.Huawei overtakes Samsung as top smartphone seller in Q2: Industry tracker Canalys

-30 JULY 2020


China's Huawei has overtaken Samsung to become the number-one smartphone seller worldwide in the second quarter, industry tracker Canalys said Thursday.

Canalys said embattled firm, which is facing US sanctions, shipped 55.8 million devices -- overtaking Samsung for the first time, which shifted 53.7 million units.

The research group said the US sanctions had "stifled" Huawei's business outside mainland China, but that it had grown to dominate its substantial domestic market.

More than 70 percent of its smartphones are now sold in the country, Canalys said.

Huawei said in a statement it was a sign of "exceptional resilience".

Overseas shipments, however, fell nearly a third in the second quarter and Canalys analyst Mo Jia warned that strength in China alone "will not be enough to sustain Huawei at the top once the global economy starts to recover".

Huawei has become a pivotal issue in the geopolitical standoff between Beijing and Washington, which claims the firm poses a significant cybersecurity threat.

The US has also requested the extradition of Huawei executive Meng Wanzhou on fraud charges, further damaging relations between China and Canada, where she is under house arrest.



4.Zuckerberg, Bezos, Sundar Pichai and Tim Cook getting heat from US Cong on competition

-29 JULY 2020


Four Big Tech CEOs, Facebook's Mark Zuckerberg, Amazon's Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple, are set to answer for their companies' practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry.

The powerful executives are set to defend their companies as buttressing competition and offering essential services to consumers. The four CEOs are testifying remotely for a hearing Wednesday by the House Judiciary subcommittee on antitrust.

President Donald Trump, meanwhile, continued to denounce the big tech companies, which he has accused, without evidence, of bias against him and conservatives in general. In a tweet, he challenged Congress to crack down on the companies.

``If Congress doesn't bring fairness to Big Tech, which they should have done years ago, I will do it myself with Executive Orders,`` Trump tweeted before the start of the hearing. ``In Washington, it has been ALL TALK and NO ACTION for years, and the people of our Country are sick and tired of it! ``

Trump's Justice Department has urged Congress to roll back long-held legal protections for online platforms such as Facebook, Google and Twitter. The proposed changes would strip some of the bedrock protections that have generally shielded the companies from legal responsibility for what people post on their platforms.

The four tech CEOs command corporations with gold-plated brands, millions or even billions of customers, and a combined value greater than the entire German economy. One of them, Bezos, is the world's richest individual; Zuckerberg is the fourth-ranked billionaire.

Critics question whether the companies stifle competition and innovation, raise prices for consumers and pose a danger to society.

In its bipartisan investigation, the Judiciary subcommittee collected testimony from mid-level executives of the four firms, competitors and legal experts, and pored over more than a million internal documents from the companies. A key question: whether existing competition policies and century-old antitrust laws are adequate for overseeing the tech giants, or if new legislation and enforcement funding is needed.

Subcommittee chairman Rep. David Cicilline, a Rhode Island Democrat, has called the four companies monopolies, although he says breaking them up should be a last resort. While forced breakups may appear unlikely, the wide scrutiny of Big Tech points toward possible new restrictions on its power.

``Simply put, they have too much power,'' Cicilline said in opening remarks Wednesday, as he laid out data pointing up the power of the four tech companies as essential cogs of commerce and communications.

He also said that in the wake of the coronavirus pandemic, ``these giants stand to profit'' and become even more powerful as millions shift more of their work and commerce online.

The companies face legal and political offensives on multiplying fronts, from Congress, the Trump administration, federal and state regulators and European watchdogs. The Justice Department and the Federal Trade Commission have been investigating the four companies' practices.

Each company has a distinct profile and each tech titan has his own approach and story to tell.

For Bezos, who presides over an e-commerce empire and ventures in cloud computing, personal ``smart'' tech and beyond, it will be his first-ever appearance before Congress.

 

 

5.McDonald's global sales suffer as COVID-19 lockdowns limit operations

-28 JULY 2020


McDonald's Corp on Tuesday reported a bigger-than-expected drop in global same-store sales as the burger chain's restaurants across the world were shut because of the COVID-19 pandemic, limiting operations to only drive-thru and delivery.

Global same-store sales fell 23.9% for the second quarter ended June 30, dragged down by big international markets including the United Kingdom, France and Latin America.

Analysts had forecast a 23.24% fall, according to IBES data from Refinitiv.

In the United States, where it operates more than a third of its restaurants, same-restaurant sales fell 8.7%, but were better than the anticipated 9.97% fall, as most locations were able to stay open with drive-thru and delivery options.

As lockdowns eased, sales improved and losses were not as bad, providing some optimism for a measured rebound.

Restaurants have been struggling to cope with the changing dynamics and consumer behaviors around the health crisis, forcing them to simplify menus and shift largely to online and mobile orders for pickup, delivery and drive-thru.

"Our strong drive-thru presence and the investments we've made in delivery and digital over the past few years have served us well through these uncertain times," Chief Executive Officer Chris Kempczinski said.

To help drive its recovery, McDonald's, like many other U.S. restaurant chains and retailers, said face coverings would be mandatory at its stores in the United States and employees would offer one to anyone entering without a mask.

The company said about 96% of its restaurants were operating with drive-thru, delivery or reduced seating capacity.

Revenue fell 30.5% to $3.76 billion, but beat the estimate of $3.68 billion.

Net income fell to $483.8 million, or 65 cents per share, from $1.52 billion, or $1.97 per share, a year earlier.

 

 

6.EU talks with Pfizer, Sanofi, J&J on COVID-19 vaccines hit pricing, payment roadblocks

-27 JULY 2020


European efforts to secure potential COVID-19 vaccines from Pfizer, Sanofi and Johnson & Johnson are mired in wrangles over price, payment method and potential liability costs, three EU officials told Reuters.

The bloc is in talks with at least six vaccine makers to acquire up front doses of potential shots against the novel coronavirus, officials told Reuters earlier in July, in a strategy meant to increase the chances of having COVID-19 vaccines for its population.

Despite the urgency to seal deals amid a global race to secure the most promising shots, the EU is struggling to reach swift agreements, said the officials, who are involved in the talks, and declined to be named because the negotiations are confidential.

The United States, meanwhile, has already inked two supply agreements with AstraZeneca NSE 0.59 % and Pfizer among other major funding deals.

The EU's negotiations with Johnson & Johnson are among the most advanced but have yet to conclude amid a back-and-forth over how to share liability costs if the potential vaccine showed unexpected side-effects, two of the officials told Reuters.

Johnson & Johnson had no immediate comment.

France's Sanofi is negotiating to supply 300 million doses of the potential vaccine it is developing with British drugmakers GlaxoSmithKline Plc to the EU and wants an immediate upfront payment for the entire stock, two officials said.

But the EU wants to pay in tranches and delay some payments until the vaccine has passed large clinical trials, the officials said.

This has caused "some hurdles," one of the officials said.

A spokesman for Sanofi declined to comment.

A spokesman for the Commission, which is leading EU talks with drugmakers, declined to comment.

Aside from the Pfizer, Sanofi and Johnson & Johnson discussions, the EU is also in talks with biotech companies Moderna and Germany's CureVac, officials told Reuters earlier in July.

Moderna and CureVac were not immediately available to comment.

A deal with AstraZeneca for its vaccine under development with Oxford University was struck by four large EU countries in June and is now about to be completed for the whole 27-nation bloc, officials said.

One official said the EU was seeking to seal three or four advance purchase deals.

This might eliminate the EU's risk of losing money should the shot prove unsuccessful. But the bloc fears that if it waits for the vaccine to be proved effective, the bill could be much higher and they risk going "over budget," one of the officials said.

In a further potential complication, some EU negotiators have raised doubts about mRNA, which is also used in the potential COVID vaccines developed by Moderna and CureVac.


 

7.Corporate insiders pocket a billion dollars amid rush for Covid vaccine

-26 JULY 2020


On June 26, a small South San Francisco company called Vaxart made a surprise announcement: A coronavirus vaccine it was working on had been selected by the U.S. government to be part of Operation Warp Speed, the flagship federal initiative to quickly develop drugs to combat COVID-19.

Vaxart’s shares soared. Company insiders, who weeks earlier had received stock options worth a few million dollars, saw the value of those awards increase sixfold. And a hedge fund that partly controlled the company walked away with more than $200 million in instant profits.

The race is on to develop a COVID-19 vaccine, and some companies and investors are betting that the winners stand to earn vast profits from selling hundreds of millions — or even billions — of doses to a desperate public.

Across the pharmaceutical and medical industries, senior executives and board members are capitalizing on that dynamic.

They are making millions of dollars after announcing positive developments, including support from the government, in their efforts to fight COVID-19. After such announcements, insiders from at least 11 companies — most of them smaller firms whose fortunes often hinge on the success or failure of a single drug — have sold shares worth well over $1 billion since March, according to figures compiled for The New York Times by Equilar, a data provider.

In some cases, company insiders are profiting from regularly scheduled compensation or automatic stock trades. But in other situations, senior officials appear to be pouncing on opportunities to cash out while their stock prices are sky high. And some companies have awarded stock options to executives shortly before market-moving announcements about their vaccine progress.

The sudden windfalls highlight the powerful financial incentives for company officials to generate positive headlines in the race for coronavirus vaccines and treatments, even if the drugs might never pan out.

Some companies are attracting government scrutiny for potentially using their associations with Operation Warp Speed as marketing ploys.

Some companies are attracting government scrutiny for potentially using their associations with Operation Warp Speed as marketing ploys.

For example, the headline on Vaxart’s news release declared: “Vaxart’s COVID-19 Vaccine Selected for the U.S. Government’s Operation Warp Speed.” But the reality is more complex.

Vaxart’s vaccine candidate was included in a trial on primates that a federal agency was organizing in conjunction with Operation Warp Speed. But Vaxart is not among the companies selected to receive significant financial support from Warp Speed to produce hundreds of millions of vaccine doses.

The U.S. Department of Health and Human Services has entered into funding agreements with certain vaccine manufacturers, and we are negotiating with others. Neither is the case with Vaxart,” said Michael R. Caputo, the department’s assistant secretary for public affairs. “Vaxart’s vaccine candidate was selected to participate in preliminary U.S. government studies to determine potential areas for possible Operation Warp Speed partnership and support. At this time, those studies are ongoing, and no determinations have been made.”

Some officials at the Department of Health and Human Services have grown concerned about whether companies including Vaxart are trying to inflate their stock prices by exaggerating their roles in Warp Speed, a senior Trump administration official said. The department has relayed those concerns to the Securities and Exchange Commission, said the official, who spoke on the condition of anonymity
.

It isn’t clear if the commission is looking into the matter. An SEC spokeswoman declined to comment.

“Vaxart abides by good corporate governance guidelines and policies and makes decisions in accordance with the best interests of the company and its shareholders,” Vaxart’s Chief Executive, Andrei Floroiu, said in a statement Friday. Referring to Operation Warp Speed, he added, “We believe that Vaxart’s COVID-19 vaccine is the most exciting one in OWS because it is the only oral vaccine (a pill) in OWS.”

Well-timed stock transactions are generally legal. But investors and corporate governance experts say they can create the appearance that executives are profiting from inside information, and could erode public confidence in the pharmaceutical industry when the world is looking to these companies to cure COVID-19.

“It is inappropriate for drug company executives to cash in on a crisis,” said Ben Wakana, executive director of Patients for Affordable Drugs, a nonprofit advocacy group. “Every day, Americans wake up and make sacrifices during this pandemic. Drug companies see this as a payday.”

Executives at a long list of companies have reaped seven- or eight-figure profits thanks to their work on coronavirus vaccines and treatments.

Shares of Regeneron, a biotech company in Tarrytown, New York, have climbed nearly 80% since early February, when it announced a collaboration with the Department of Health and Human Services to develop a COVID-19 treatment. Since then, the company’s top executives and board members have sold nearly $700 million in stock. The chief executive, Leonard Schleifer, sold $178 million of shares on a single day in May.


Technology News

                                                      ~by GAURAV

1.Google, amazon, Facebook, and Apple 

CEO defend themselves during antitrust 

hearing

-28 JULY 2020

In a historic the CEOs of google, Amazon, Facebook, and Apple testified to the US House of an antitrust investigation focusing on tech companies.

The house committee on the judiciary antitrust subcommittee brought the four GAFA CEO (Google’s Sundar Pichai amazon’s jeff Bezos Facebook’s mark Zuckerberg and Apple Tim cook to testify together for the first time albeit via WebEx rather than in person. the hearing also marked Bezos’s first time testifying before congress.

The subcommittee has been investigating alleged anti-competitive Behavior by online Platform’s for over a year collecting 1.3 million pages of evidence from the companies and submission from more than 100 other companies. The latest hearing which focuses on the market dominance of the GAFA companies, is the sixth so far. 

2.Nasa’s latest mars rover blasts off in 

search of alien life

-29 JULY 2020

 

Nasa’s perseverance rover has successfully blasted off on its $2.4 Mission to mars atop an atlas 5 rocket signs of life on the planet.

The car – sized robotic spacecraft is set to deploy a mini helicopter on mars for the first times time and test equipment that may ultimately be used in a future manned mission.

The rocket carrying the rover launched from the cape Canaveral air force station in Florida today at around 12.50 pm GMT.

Dramatically a 4.2 magnitude earthquake shook southern California just 20 minutes before departure.

“I’m so relieved: Nasa’s science division chief Thomas Zurbuchen said on a live stream after the launch saying everything looking good.

3.COVID-19 tracing app launches in 

Northern Ireland

-30 JULY 2020

The stop COVID NI proximity App is available on both the apple store and google play and works by emitting anonymized coded key or identifier beacons which change every 15 minutes.
The UK government was developing its own app. which was originally supposed to  rollout in England by June .however the app was ineffective at tracking iPhone users and work was restarted using a new method developed by apple and google that the NI app is based upon .

The app has been designed to assist in stopping the spread of covid-19 by anonymously contact with someone who has tested positive for the virus. It will notify any app users that have been closer than two meters for more than 15 minutes in the previous 14 days.

4.AI test can identify COVID-19 within one hour 

researchers say

-31 JULY 2020

A new test powered by artificial intelligence could coronavirus within one research.

Its developers say it can rapidly screen people arriving at hospitals for covid-19 and accurately predict whether or not they have the disease.

The curial AI test has been developed by a team at the university of oxford and assesses data typically gathered form patients within the first hour of arriving in an emergency department – such as blood tests and vital signs – to determine the chance of a patient testing positive for covid-19 .testing for the virus currently involves the molecular analysis of a nose and throat swab with result having typical turnaround times of between 12 and 48 hours . however, the oxford team said their tool could deliver near real time predictions for a patient’s covid-19 status.

In an ongoing study running since march the researchers have tested the AI tool on data from 115,000 visits to at oxford university hospitals.

5.Greener roads lower wind costs and fewer bags 

best of the week’s news 

-1 August 2020

The news from past week that caught their eye and reflect on what these latest developments in engineering and technology mean to them

If we’re looking for a green recovery for a better world then this is precisely the sort of technology we should be turning to. a proper example of the circular economy resulting in fewer quarries being quarried and less energy spent processing virgin materials for processing also it removes a waste-disposal problem. what’s not to love! 

Nothing superficially. however new road – building material are not new we covered a story last year about using waste plastics for road building in Scotland and numerous other trials of different materials have gone before. yet concrete. there huge inertia in the construction industry. A prime reason is the longevity of the project. buildings bridges roads projects. buildings bridges roads etc. are expected to last for many decades and their failure could be catastrophic. so, if something works building processes then the temptation is stick with it. doing something new also adds elements of uncertainty building contractors’ architects and engineers don’t like.

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