💻 How one big manufacturer beat ransomware attackers without paying the ransom:
https://trib.al/gUv7Su7
📱 The little-known Chinese entrepreneur who built TikTok into one of the hottest apps out there is under pressure to save the business from a possible U.S. ban: https://trib.al/7OLf9h9
💉 China repeated its pledge to provide universal access if it develops a coronavirus vaccine:
https://trib.al/zIgv0Ps
https://trib.al/gUv7Su7
📱 The little-known Chinese entrepreneur who built TikTok into one of the hottest apps out there is under pressure to save the business from a possible U.S. ban: https://trib.al/7OLf9h9
💉 China repeated its pledge to provide universal access if it develops a coronavirus vaccine:
https://trib.al/zIgv0Ps
Bloomberg
How to Survive a Ransomware Attack Without Paying the Ransom
Norsk Hydro used faxes, Post-its, and old PCs to beat cybercriminals.
Hello 👋 Here's what we're following:
🇺🇸🇨🇳 U.S. Secretary of State Michael Pompeo described China’s leaders as tyrants bent on global hegemony, hearkening back to the language of the U.S.-Soviet standoff during the Cold War. https://bloom.bg/30LGnky
📈💰 China's red-hot IPOs are minting a new billionaire every week. At least 24 people have entered the billionaires' club in the first half of the year, including former teachers, accountants and software developers. https://bloom.bg/2ZTxR3J
🔌💭 Warnings are getting louder that tech stocks are in a bubble. Just three days after the Nasdaq 100’s biggest rally since April, those gains are now history. https://bloom.bg/2OQpfol
🇺🇸🇨🇳 U.S. Secretary of State Michael Pompeo described China’s leaders as tyrants bent on global hegemony, hearkening back to the language of the U.S.-Soviet standoff during the Cold War. https://bloom.bg/30LGnky
📈💰 China's red-hot IPOs are minting a new billionaire every week. At least 24 people have entered the billionaires' club in the first half of the year, including former teachers, accountants and software developers. https://bloom.bg/2ZTxR3J
🔌💭 Warnings are getting louder that tech stocks are in a bubble. Just three days after the Nasdaq 100’s biggest rally since April, those gains are now history. https://bloom.bg/2OQpfol
Bloomberg
Pompeo Criticizes ‘Totalitarian’ China as Tensions Escalate
Secretary of State Michael Pompeo cast China’s leaders as tyrants bent on global hegemony, painting a dark portrait of the country’s direction as tensions soar between the world’s two biggest economies.
💶 Euro skeptics are now believers after a landmark rescue package spearheaded by Germany and France, and it's driving markets higher. https://bloom.bg/2ZYkQpU
🙏 After a gap of nearly a century, Istanbul's iconic Hagia Sophia on Friday echoed with the sounds of Islamic prayer. https://bloom.bg/2OTgtpO
🏦 Goldman Sachs reached a deal that would see Malaysia drop all criminal charges against the bank in exchange for $3.9 billion of reparations for its role in raising money for the troubled sovereign wealth fund 1MDB. https://bloom.bg/3eXjJLp
🙏 After a gap of nearly a century, Istanbul's iconic Hagia Sophia on Friday echoed with the sounds of Islamic prayer. https://bloom.bg/2OTgtpO
🏦 Goldman Sachs reached a deal that would see Malaysia drop all criminal charges against the bank in exchange for $3.9 billion of reparations for its role in raising money for the troubled sovereign wealth fund 1MDB. https://bloom.bg/3eXjJLp
Bloomberg
Euro Skeptics Are Now Believers and It’s Driving Markets Higher
Since the birth of the euro two decades ago, the currency has faced no shortage of critics that a monetary union without a fiscal union would be dysfunctional and doomed to fail.
🗽 New York’s reopening is taking shape differently across boroughs—driven largely by income and race: https://trib.al/NoO78G9
🐶 Dogs with a few days of training are capable of identifying people infected with the coronavirus: https://trib.al/X3YJS1I
🏠 One in three renters in the U.S. failed to make their full payment in the first week of July. Nearly 12 million renters could be served with eviction notices in the next four months: https://trib.al/Si7UdGE
🐶 Dogs with a few days of training are capable of identifying people infected with the coronavirus: https://trib.al/X3YJS1I
🏠 One in three renters in the U.S. failed to make their full payment in the first week of July. Nearly 12 million renters could be served with eviction notices in the next four months: https://trib.al/Si7UdGE
Bloomberg.com
Race, Wealth Lines Divide New York’s Reopening
New York’s $1 trillion economy depends on a full recovery, and preventing a second wave.
📈 Coronavirus cases are soaring in young adults who are tired of social distancing. The fact that they’re less at risk for a severe infection or death has emboldened them to break restrictions, whether that’s commuting to work or partying at a nightclub. https://bloom.bg/30MALqk
🇨🇳 A little-known crypto startup hatched one of the most ambitious plans yet to unify the world’s various blockchain platforms — and it’s got the backing of the Chinese government. https://bloom.bg/2OXPxVF
🚫 And these elite contact tracers are showing everyone else how to beat Covid-19: https://bloom.bg/333k7pn
🇨🇳 A little-known crypto startup hatched one of the most ambitious plans yet to unify the world’s various blockchain platforms — and it’s got the backing of the Chinese government. https://bloom.bg/2OXPxVF
🚫 And these elite contact tracers are showing everyone else how to beat Covid-19: https://bloom.bg/333k7pn
🏥 Health officials around the world are trying to tackle second waves of the pandemic, with outbreaks from China to Spain underlining the difficulty of stamping out the virus. https://bloom.bg/2WZeF2C
📈 Gold futures traded at a record as the dollar plunged and concerns about the global economy boosted demand for havens. https://bloom.bg/2P5qhwF
📉 Hedge-fund fees were already shrinking before the pandemic ripped through global markets but now they're in terminal decline. https://bloom.bg/2WXJJjo
📈 Gold futures traded at a record as the dollar plunged and concerns about the global economy boosted demand for havens. https://bloom.bg/2P5qhwF
📉 Hedge-fund fees were already shrinking before the pandemic ripped through global markets but now they're in terminal decline. https://bloom.bg/2WXJJjo
Bloomberg
U.S. Cases Up 1.3%; Trump Criticizes Governors: Virus Update
Infections slowed in California, Arizona and Florida, three U.S. states battling outbreaks of the coronavirus. Health officials around the world are also trying to tackle a renewed increase in cases, with surges from China to Spain and Germany underscoring…
🔍Before the hack earlier this month, Twitter contractors were caught spying on celebrity accounts, including Beyoncé: https://bloom.bg/305kaPC
💸While Congress debates extending federal unemployment benefits, thousands of Americans still haven't received the $600 checks in the first place: https://bloom.bg/30M7g88
💧An environmental activist is shot dead, sparking a long and twisting investigation. But will her killers get away with murder? https://bloom.bg/2PdAMhT
💸While Congress debates extending federal unemployment benefits, thousands of Americans still haven't received the $600 checks in the first place: https://bloom.bg/30M7g88
💧An environmental activist is shot dead, sparking a long and twisting investigation. But will her killers get away with murder? https://bloom.bg/2PdAMhT
This may be one of the Arctic’s last summers with ice. 🌎
It’s warming so fast it has become an accelerator of climate change in the rest of the world. The ice cap's white surface reflects sunlight back into space, effectively cooling the planet. When the ice melts, it’s replaced by ocean, which is dark and absorbs the light, heating up the sea surface.
In other words, what happens in the Arctic doesn’t stay in the Arctic.
Freaked-out scientists and gleeful captains of fossil-fuel tankers are witnessing history. Get a front-row seat here: https://bloom.bg/304rE54
It’s warming so fast it has become an accelerator of climate change in the rest of the world. The ice cap's white surface reflects sunlight back into space, effectively cooling the planet. When the ice melts, it’s replaced by ocean, which is dark and absorbs the light, heating up the sea surface.
In other words, what happens in the Arctic doesn’t stay in the Arctic.
Freaked-out scientists and gleeful captains of fossil-fuel tankers are witnessing history. Get a front-row seat here: https://bloom.bg/304rE54
✈ A new study of a Covid-19 outbreak among passengers on a January flight is one of the first to document a probable transmission on a plane. https://bloom.bg/3hJbyE9
📈 Gold just smashed a record, and every major bank agrees that it'll cross $2,000 an ounce. Now forecasters are asking whether the peak is near. https://bloom.bg/3f5YCqi
💰 Here's where experts say you should invest $1 million to ensure your post-pandemic future. https://bloom.bg/30MT8va
📈 Gold just smashed a record, and every major bank agrees that it'll cross $2,000 an ounce. Now forecasters are asking whether the peak is near. https://bloom.bg/3f5YCqi
💰 Here's where experts say you should invest $1 million to ensure your post-pandemic future. https://bloom.bg/30MT8va
Bloomberg.com
Mask Advocates Cite Plane Transmission Study in Call for Mandate
The 44-year-old man was chatting with his wife and son on a flight from Singapore to China earlier this year when he let his guard down, allowing his face mask to slip below his nose.
Hello 👋 here are the top coronavirus reads today.
🦇The virus that triggered the current pandemic appears to have circulated unnoticed in bats for decades. Horseshoe bats are the most plausible origin of the pathogen, according to a study published in the journal Nature Microbiology. https://bloom.bg/2DbOhfc
🐵 Moderna’s experimental vaccine successfully protected 16 monkeys against heavy exposure to Covid-19, an encouraging step on the path to a defense for humans. https://bloom.bg/39z7l35
🇭🇰 And finally, Hong Kong is facing its worst outbreak yet — but it can't just go into lockdown. Here's why: https://bloom.bg/3ga4cZR
🦇The virus that triggered the current pandemic appears to have circulated unnoticed in bats for decades. Horseshoe bats are the most plausible origin of the pathogen, according to a study published in the journal Nature Microbiology. https://bloom.bg/2DbOhfc
🐵 Moderna’s experimental vaccine successfully protected 16 monkeys against heavy exposure to Covid-19, an encouraging step on the path to a defense for humans. https://bloom.bg/39z7l35
🇭🇰 And finally, Hong Kong is facing its worst outbreak yet — but it can't just go into lockdown. Here's why: https://bloom.bg/3ga4cZR
Bloomberg.com
New Coronavirus Turns Out to Be Decades Old — in Bats
The new coronavirus appears to have circulated unnoticed in bats for decades, scientists found.
😷 The U.S. neared 150,000 Covid-19 deaths even as daily infections slowed in some hard-hit states. https://bloom.bg/3077UOg
📦 U.S. federal agencies are investigating suspicious and unsolicited packages of seeds that have been arriving at addresses across America and appear to come from China. https://bloom.bg/3hL78wr
🚫 The European Union showed no sign of reopening its doors to Americans by backtracking further on a plan to let in more foreign travelers amid a resurgence in coronavirus cases around the world. https://bloom.bg/311DYmd
📦 U.S. federal agencies are investigating suspicious and unsolicited packages of seeds that have been arriving at addresses across America and appear to come from China. https://bloom.bg/3hL78wr
🚫 The European Union showed no sign of reopening its doors to Americans by backtracking further on a plan to let in more foreign travelers amid a resurgence in coronavirus cases around the world. https://bloom.bg/311DYmd
Bloomberg
U.S. Deaths Top 150,000; Records in Texas, Florida: Virus Update
U.S. deaths from the novel coronavirus surpassed 150,000, the highest official toll in the world and another grim milestone in a pandemic that’s still raging in many states. Texas, Florida and California reported record daily fatalities.
👶 Half a million fewer babies may be born in the U.S. in 2021 because of the pandemic:
https://trib.al/xMMNF4Q
💻 Big Tech is about to get grilled by Congress. Here's what to watch from Jeff Bezos, Tim Cook, Sundar Pichai and Mark Zuckerberg: https://trib.al/XD5SWhA
😷 6 in 10 people living in some of India’s biggest slums now have antibodies for the coronavirus, indicating they’ve recovered from infection: https://trib.al/AIjNX7a
https://trib.al/xMMNF4Q
💻 Big Tech is about to get grilled by Congress. Here's what to watch from Jeff Bezos, Tim Cook, Sundar Pichai and Mark Zuckerberg: https://trib.al/XD5SWhA
😷 6 in 10 people living in some of India’s biggest slums now have antibodies for the coronavirus, indicating they’ve recovered from infection: https://trib.al/AIjNX7a
Bloomberg
Americans Aren’t Making Babies, and That’s Bad for the Economy
The U.S. could see 500,000 fewer births next year, which will have repercussions long after the pandemic is over.
Hello 👋 Here’s what we’re following:
👧 Children are typically “superspreaders” of respiratory germs — but it doesn’t appear to be the case with the coronavirus. Here’s what we know about kids and Covid-19 as some schools consider reopening soon. https://bloom.bg/310R6b1
👑 As gold surges, three of the world’s wealthiest people with the largest exposure to bullion have collectively become $2.8 billion richer this year. https://bloom.bg/39DdwDf
🇻🇳 A pandemic strategy Trump ignored is helping Vietnam combat Covid-19. Now it’s one of the only places in the world with zero reported virus deaths, although it’s tackling its first cases in more than three months. https://bloom.bg/3135U9d
👧 Children are typically “superspreaders” of respiratory germs — but it doesn’t appear to be the case with the coronavirus. Here’s what we know about kids and Covid-19 as some schools consider reopening soon. https://bloom.bg/310R6b1
👑 As gold surges, three of the world’s wealthiest people with the largest exposure to bullion have collectively become $2.8 billion richer this year. https://bloom.bg/39DdwDf
🇻🇳 A pandemic strategy Trump ignored is helping Vietnam combat Covid-19. Now it’s one of the only places in the world with zero reported virus deaths, although it’s tackling its first cases in more than three months. https://bloom.bg/3135U9d
Bloomberg
What We Know About the Impact of Covid-19 on Children
Young children typically are “superspreaders” of respiratory germs, so it’s puzzling that they don’t seem to be major transmitters of the coronavirus that causes Covid-19. They’re also relatively absent among hospitalized patients. Initially, that was thought…
🐒 Johnson & Johnson's experimental coronavirus vaccine protected a group of monkeys with a single shot in an early study, prompting the U.S. drugmaker to start trials in humans this month. https://bloom.bg/314nI3N
😷 The winter coronavirus surge in Australia is showing Europe and the U.S. what may be in store in the coming months. https://bloom.bg/2Dj8QpU
🇬🇧 The U.K. lengthened the self-isolation period for coronavirus patients to 10 days from seven as health authorities seek to prevent a renewed surge in cases of the disease. https://bloom.bg/2XcPj1v
😷 The winter coronavirus surge in Australia is showing Europe and the U.S. what may be in store in the coming months. https://bloom.bg/2Dj8QpU
🇬🇧 The U.K. lengthened the self-isolation period for coronavirus patients to 10 days from seven as health authorities seek to prevent a renewed surge in cases of the disease. https://bloom.bg/2XcPj1v
Bloomberg.com
J&J Vaccine Protects Monkeys From Covid With Single Shot
Johnson & Johnson’s experimental coronavirus vaccine protected macaque monkeys with a single shot in a pre-clinical study, potentially gaining on other vaccines that are further along in testing but require two doses over time.
🗳Trump floated the idea of delaying the U.S. presidential election, suggesting without evidence that mail-in voting will be subject to fraud: https://bloom.bg/337qlV6
⬆️ For the second week in a row, U.S. jobless claims started to rise, a sign the economic rebound is at risk: https://bloom.bg/3gh6yWX
😳 8 secrets I learned while working on a private jet for celebrities: https://bloom.bg/2X60qcD
⬆️ For the second week in a row, U.S. jobless claims started to rise, a sign the economic rebound is at risk: https://bloom.bg/3gh6yWX
😳 8 secrets I learned while working on a private jet for celebrities: https://bloom.bg/2X60qcD
🍎 Big Tech is surging while the U.S. economy collapses. Apple, Amazon, Facebook and Alphabet had a combined revenue of $206 billion last quarter, with the industry benefiting from extended periods of lockdown. https://bloom.bg/2Pdswyh
🏥 Gilead's antiviral drug remdesivir has received worldwide attention and is already being used in clinical practice. But it's getting a lukewarm endorsement from experts in the Covid-19 fight. https://bloom.bg/2XcPMRk
🍖 And finally, something unprecedented in six decades will happen in 2020: Global meat production will decline for a second year in a row. Here's why the world might be losing its taste for meat: https://trib.al/nJd8pG2
🏥 Gilead's antiviral drug remdesivir has received worldwide attention and is already being used in clinical practice. But it's getting a lukewarm endorsement from experts in the Covid-19 fight. https://bloom.bg/2XcPMRk
🍖 And finally, something unprecedented in six decades will happen in 2020: Global meat production will decline for a second year in a row. Here's why the world might be losing its taste for meat: https://trib.al/nJd8pG2
💉 The Trump administration pledged as much as $2.1 billion to Covid-19 vaccine partners Sanofi and GlaxoSmithKline, the biggest U.S. investment yet in fast-tracking shots and snapping up supplies. https://bloom.bg/39KCXmw
📉 The euro-area economy plunged into an unprecedented slump in the second quarter, putting it in a deep hole from which it may take years to fully recover. https://bloom.bg/2XbSZRi
📞 Jeffrey Epstein was offering advice to Ghislaine Maxwell as late as 2015, according to newly unsealed documents, despite her lawyer's statement that the British socialite had "no contact" with him in a decade. https://bloom.bg/2PejOQq
📉 The euro-area economy plunged into an unprecedented slump in the second quarter, putting it in a deep hole from which it may take years to fully recover. https://bloom.bg/2XbSZRi
📞 Jeffrey Epstein was offering advice to Ghislaine Maxwell as late as 2015, according to newly unsealed documents, despite her lawyer's statement that the British socialite had "no contact" with him in a decade. https://bloom.bg/2PejOQq
Bloomberg.com
U.S. Pledges Up to $2.1 Billion for Sanofi, GlaxoSmithKline Covid Vaccine
The Trump administration will provide as much as $2.1 billion to Covid-19 vaccine partners Sanofi and GlaxoSmithKline Plc, the biggest U.S. investment yet in fast-tracking shots and snapping up supplies.
📱 Microsoft is exploring an acquisition of TikTok’s operations in the U.S. as Trump plans to order ByteDance to divest its ownership: https://trib.al/3PoElBm
📉 Interest rates are low and that's not good for savers: https://trib.al/2hsDcB0
💻 A Florida teenager has been arrested for the Twitter hack that compromised 130 accounts, including Jeff Bezos, Barack Obama and Elon Musk: https://trib.al/XjZZECM
📉 Interest rates are low and that's not good for savers: https://trib.al/2hsDcB0
💻 A Florida teenager has been arrested for the Twitter hack that compromised 130 accounts, including Jeff Bezos, Barack Obama and Elon Musk: https://trib.al/XjZZECM
Bloomberg
Microsoft Is in Talks to Buy TikTok in U.S.
Microsoft Corp. is exploring an acquisition of TikTok’s operations in the U.S., according to a people familiar with the matter. A deal would give the software company a popular social-media service and relieve U.S. government pressure on the Chinese owner…
The pandemic hasn’t stopped many of the wealthiest dynasties from growing their fortunes. 💰💰💰
Just take the world’s most affluent family. The Waltons, who are the Walmart heirs, grew $3 million richer every hour this past year on average, bringing their combined fortune to an estimated $215 billion. That’s almost $100 billion more than the world’s second-richest dynasty, the Mars candy clan.
Walmart even saw a surge in first-quarter sales despite widespread carnage in the U.S. retail sector. And the Waltons aren't the only ones prospering this year: https://bloom.bg/3frlDUC
Just take the world’s most affluent family. The Waltons, who are the Walmart heirs, grew $3 million richer every hour this past year on average, bringing their combined fortune to an estimated $215 billion. That’s almost $100 billion more than the world’s second-richest dynasty, the Mars candy clan.
Walmart even saw a surge in first-quarter sales despite widespread carnage in the U.S. retail sector. And the Waltons aren't the only ones prospering this year: https://bloom.bg/3frlDUC
🇺🇸 Donald Trump has no intention of "peacefully" transferring power if he loses the November election, according to Democratic House Majority Whip James Clyburn. https://bloom.bg/2Pg0FNY
💲The dollar has lost 10% of its value since March, a sign that the U.S. no longer has a grip on the virus. https://bloom.bg/3fw7OVb
🇸🇪 Data this week could confirm how Sweden's contentious decision to avoid a full lockdown at the start of the coronavirus pandemic has spared its economy from the worst of the fallout. https://bloom.bg/30o84Rv
💲The dollar has lost 10% of its value since March, a sign that the U.S. no longer has a grip on the virus. https://bloom.bg/3fw7OVb
🇸🇪 Data this week could confirm how Sweden's contentious decision to avoid a full lockdown at the start of the coronavirus pandemic has spared its economy from the worst of the fallout. https://bloom.bg/30o84Rv
Bloomberg
Trump Is Planning ‘Emergency’ to Stay in Office, Top Democrat Says
President Donald Trump has no intention of “peacefully” transferring power if he loses the November election, according to House Majority Whip James Clyburn.