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AstraZeneca booster shot is effective against Omicron variant

A study from an Oxford University lab published on Thursday revealed that a three-dose course of AstraZeneca booster shot is efficient in controlling the fast spread of the Omicron variant. The Pharmaceutical company said in its statement that the results – while they have yet to be released in a peer-reviewed medical journal – are […]

Asian markets bounce back from omicron sell-offs

Asian shares were mostly higher on Tuesday after a worldwide slump for financial markets spurred by worries about how badly the omicron variant, inflation and other forces will hit the world economy. Tokyo gained nearly 2% and other benchmarks in Asia also were higher. Much of the concern over the outlook has been driven by […]

FCC settles with telcos associated with failed 911 outages

U.S.-based telcos Verizon, AT&T, Intrado, and Lumen Technologies, reached a settlement with the Federal Communications Commission (FCC) over probes into a series of failed 911 calls throughout 2020’s network outages. According to the FCC’s compliance settlement documents, the operators will collectively pay a $6 million fine, all while consenting to secure compliance with the Commission’s […]

EU approves 5th COVID-19 vaccine for bloc, one by Novavax

The European Union’s drugs regulator gave the green light Monday to a fifth COVID-19 vaccine for use in the 27-nation bloc, granting conditional marketing authorization to the two-dose vaccine made by U.S. biotech company Novavax. The European Medicines Agency decision to recommend granting conditional marketing authorization for the vaccine for people aged 18 and over, […]

YouTube star MrBeast rethinks old notions of philanthropy

The line of cars started forming at dawn. It was early November in Greenville, North Carolina, and drivers waited in a line that stretched for miles to pick up Thanksgiving turkeys — 10,000 free frozen birds to anyone who asked. Who was behind this act of holiday kindness? A community foundation, perhaps? Or a food […]

CEO of GM's Cruise autonomous vehicle unit to leave company

Dan Ammann, CEO of General Motors’ Cruise autonomous vehicle subsidiary, is leaving the Detroit company. GM didn’t give a reason in a short statement Thursday but said that Kyle Vogt, president and chief technical officer, would be Cruise’s interim CEO. The leadership change comes just as Cruise is about to start a fully autonomous ride-hailing […]

Congress approves import ban targeting forced labor in China

Senators gave final congressional approval Thursday to a bill barring imports from China’s Xinjiang region unless businesses can prove they were produced without forced labor, overcoming initial hesitation from the White House and what supporters said was opposition from corporations. The measure is the latest in a series intensifying U.S. penalties over China’s alleged systemic […]

India unveils $10.2B plan to attract semiconductor makers

India on Wednesday announced a $10.2 billion plan to try to attract global chipmakers to set up shop in the country and transform it into a production hub of semiconductors. The plan unveiled by Information Technology and Telecom Minister Ashwini Vaishnaw comes amid a severe shortage of semiconductors caused by the COVID-19 pandemic, which has […]

China's #MeToo victims face abuse, payback for going public

Human resources and upper management wouldn’t deal with her accusation of sexual assault, a former employee of Alibaba said. So she went into the busy cafeteria at the Chinese e-commerce giant’s headquarters and screamed out her plight. Now she’s facing online harassment, accusations of lying from the wives of the two men she accused and […]