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SoftBank’s Vision Fund tumbles to $18-billion loss in ‘valley of coronavirus’

SoftBank’s Vision Fund tumbles to $18-billion loss in ‘valley of coronavirus’ The historic losses for the company were driven by the Vision Fund's loss-making investments in WeWork and Uber Technologies (UBER). SoftBank said the sharp decline in WeWork's valuation reflected a lower multiple used to calculate its terminal value, as well as a higher discount rate on its unsecured notes, due to the impact of the coronavirus outbreak. [Full Article...]

China Upgrades Jilin Province COVID-19 Outbreak Risk From Medium to High

China Upgrades Jilin Province COVID-19 Outbreak Risk From Medium to High Chinese health authority said Sunday that it received reports of five new confirmed COVID-19 cases on the Chinese mainland Saturday, of which two were imported. The Chinese city at the center of the outbreak, Wuhan, said on Friday it has tested more than three million of its 11 million citizens for the coronavirus . [Full Article...]

Katy Perry shows off baby bump in new single, ‘Daisies’

Katy Perry shows off baby bump in new single, ‘Daisies’ The California Gurls hitmaker also admitted that she was finding it hard knowing how to handle her cravings while in quarantine. Katy added , "I just think that this summer people want music, they want to dance. Meanwhile, Katy Perry is doing everything to distract herself from negative thoughts. But the 34-year-old singer has been able to get her hands on one of her main cravings - India... [Full Article...]

Apple Details Safety Measures When Reopening Apple Retail Stores

Apple Details Safety Measures When Reopening Apple Retail Stores To maintain social distancing, Apple will be focusing on limiting the number of customers who would be able to enter the store at any given time. These include stores in Florida, California (curbside service), Washington (curbside service), Hawaii, Oklahoma and Colorado. [Full Article...]

Bolsonaro snubs health advice, snaps photos with children

Bolsonaro snubs health advice, snaps photos with children The country also reported 59 new deaths from the virus , taking its death toll to 1,148. The virus has infected 233,142 people and left 15,633 dead. "I'm really honored by this", he said of the crowd of supporters who defied stay-at-home orders to take part in the rally. These days, there are less civilians than military officers in the presidential palace. [Full Article...]

Saudi shooter at U.S. naval base had Al-Qaeda link

Saudi shooter at U.S. naval base had Al-Qaeda link Alshamrani, who was killed by a sheriff's deputy during the rampage at a classroom building, was undergoing flight training at Pensacola , where members of foreign militaries routinely receive instruction. "In just the short time since we finally accessed that evidence, we and our partners have already put it to good use", Wray said. The gunman who killed three United States sailors at a milita... [Full Article...]

Huawei slams new sanctions restricting access to USA smartphone chips

Huawei slams new sanctions restricting access to USA smartphone chips Separately, the Commerce Department extended a temporary license that was set to expire Friday to allow US companies, many of which operate wireless networks in rural America, to continue doing business with Huawei through August 13. The Commerce Department exempted a narrow list of products and services and has continuously extended that limited waiver, largely to lessen the impact on USA wireles... [Full Article...]

Hong Kong lawmakers clash as pro-Beijing camp elects chair

Hong Kong lawmakers clash as pro-Beijing camp elects chair There were scuffles in Hong Kong's parliament Monday as lawmakers fought for control of a key committee chair. Starry Lee, leader of the pro-Beijing DAB, the largest party in the body, was eventually elected with 40 votes. The backlog includes the China national anthem bill, which is expected to be given a second reading on May 27 despite the procedural chaos. The arrest of 15 activists in A... [Full Article...]

Moderna's Israeli top medical officer: We've shown today that our vaccine works

Moderna's Israeli top medical officer: We've shown today that our vaccine works The alternative is simply to give test subjects doses of the vaccine and see who ends up COVID-positive in the normal course of their lives - a process which is less controversial but requires much more time. The first 45 volunteers for the vaccine trial were divided into three groups, with each group getting a different dose of the vaccine. Data on neutralizing antibodies for the other particip... [Full Article...]

La pandémie fait plus de 300 000 morts dans le monde — Coronavirus

La pandémie fait plus de 300 000 morts dans le monde — Coronavirus L'augmentation est la plus importante de ces dernières semaines et est essentiellement due aux décès en Ehpad et autres établissements médico-sociaux (+429 par rapport à samedi, contre +54 à l'hôpital). Parmi ces patients, 1998 dans un état grave sont admis en réanimation, soit 38 personnes de plus par rapport à dimanche, et un solde négatif de 89 lits occupés de moins en 24 heures. [Full Article...]

French schools register 70 new COVID-19 cases within week of reopening

French schools register 70 new COVID-19 cases within week of reopening Authorities said that most of the affected schools will be able to reopen by May 25. Ms Divjak said that ministers around Europe said the reopened schools were not functioning in normal conditions. He said keeping children at home was a greater risk than sending them back to the classroom because it risked interfering with their education and social development. [Full Article...]

US CDC reports 1,467,065 coronavirus cases, 88,709 deaths

US CDC reports 1,467,065 coronavirus cases, 88,709 deaths The guidance relates to another document released by the Trump administration on April 17. It urges USA voters to elect a new president who will strengthen the Centers for Disease Control. But the guidelines are for reference only, and some experts doubt whether they will be widely used as some states have already moved to reopen their economies. [Full Article...]

Lockdown 4 guidelines: What will open, what will remain closed

Lockdown 4 guidelines: What will open, what will remain closed The National Disaster Management Authority (NDMA) issued the order to continue coronavirus-induced lockdown measures. According to reports, Union Cabinet Secretary Rajiv Gauba will hold a video conference with State Chief Secretaries at 9 pm today discussing the measures regarding the lockdown. [Full Article...]

Former US president Barack Obama criticises Donald Trump's administration's Covid-19 response

Former US president Barack Obama criticises Donald Trump's administration's Covid-19 response Obama closed out his remarks with, "Congratulations, Class of 2020". "Just as we see it when a black man goes for a jog and some folks feel like they can stop and question and shoot him if he doesn't submit to their questioning", Obama added, referring to the killing of Ahmaud Arbery , a young African-American man in Georgia. [Full Article...]

Here are the next three free Epic Games Store games

Here are the next three free Epic Games Store games Here is what you need to know! . Not being able to play is annoying but for many, it's also especially annoying when you're trying to get online and conduct your daily free spin at the Diamond Casino and Resort's lucky wheel. - Go to Account, click on "Passwords and security" and set up 2FA. It works more like the free PS plus monthly games. Clicking on the "Order" button will add the game t... [Full Article...]

At least 10 firefighters injured after explosion in Downtown Los Angeles

At least 10 firefighters injured after explosion in Downtown Los Angeles Authorities said the injured firefighters were trying to reach the origin of the fire when the explosion took place. Local television reporting showed flames raging and black smoke billowing into the sky. Firefighters entered but saw nothing unusual - until the blast rocked the building around them, according to department spokesman Nicholas Prange. [Full Article...]

Obama renews attack on Trump's virus response

Obama renews attack on Trump's virus response Along with the usual challenges of growing up, all of you have had to deal with the added pressures of social media, reports of school shootings, and the specter of climate change. The former president also referenced the killing of Ahmaud Arbery - an unarmed black jogger who was shot and killed by two white men in February - during his address. [Full Article...]

Chinese Ambassador Found Dead in Home

Chinese Ambassador Found Dead in Home According to local media citing unidentified emergency medical officials, initial indications are that he died in his sleep of natural causes. Du had previously served as ambassador to Ukraine . Rotem assured that the Israeli government will provide all necessary help to the Chinese government in this matter. The Chinese foreign ministry said it would only comment when it had "solid" inform... [Full Article...]

Cyclonic storm over Bay of Bengal today

Cyclonic storm over Bay of Bengal today The South-West Monsoon has entered parts of South Bay of Bengal, the Nicobar Islands and the Andaman Sea on Sunday, virtually hitching a ride on severe cyclone Amphan (pronounced Um-Pun) located over the South-East Bay around noon. These teams are in six districts - South 24 Parganas, North 24 Parganas, East Midnapore, West Midnapore, Howrah and Hooghly. Four NDRF teams have been moved to Kend... [Full Article...]

India's Covid tally crosses 90K, almost 5K cases in a day

India's Covid tally crosses 90K, almost 5K cases in a day The 30 municipal areas across 12 states that have reported 80% of all cases in India will reportedly see maximum restrictions during "lockdown 4.0". Health Ministry official Son Young-rae said Saturday that the country may have ducked a major surge in transmissions in a region where half of its 51 million people live. [Full Article...]


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