This story is from the June 20, 2020 edition of Techlife News.
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This story is from the June 20, 2020 edition of Techlife News.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
Already a subscriber? Sign in
FORD SAYS EV UNIT LOSING BILLIONS, SHOULD BE SEEN AS STARTUP
Ford Motor Co.’s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology.
CREDIT SUISSE DEAL AVERTED CRISIS, SWISS CENTRAL BANK SAYS
The Swiss central bank hiked its key interest rate Thursday and declared that a government-orchestrated takeover of troubled Credit Suisse by rival bank UBS ended the financial turmoil.
3D-PRINTED ROCKET FAILS JUST AFTER LAUNCH
A rocket made almost entirely of 3D-printed parts made its launch debut Wednesday night, lifting off amid fanfare but failing three minutes into flight — far short of orbit.
WHAT TO KNOW ABOUT NEW RESEARCH ON COFFEE AND HEART RISKS
Coffee lovers — and their doctors — have long wondered whether a jolt of java can affect the heart. New research published Wednesday finds that drinking caffeinated coffee did not significantly affect one kind of heart hiccup that can feel like a skipped beat.
A 2nd Wave of Layoffs at Meta; 10,000 Jobs Are Cut
Facebook parent Meta is slashing 10,000 jobs, about as many as the social media company announced late last year in its first round of cuts, as uncertainly about the global economy hits the technology sector particularly hard.
DON'T LEAVE GLOBAL SOUTH OUT OF GREEN TECH GROWTH, UN WARNS
The majority of developing nations are set to miss out on the economic benefits of booming green technologies, slowing progress toward their climate goals and widening the inequality gap between rich and poor countries, a United Nations report warned Thursday.
EU MOVES ON CLEAN TECHNOLOGY: SUBSIDIES UP, FREE MARKET DOWN
The European Union presented plans to fundamentally revamp its policies on promoting green technologies and dealing with critical raw materials, imposing limits on imports from countries like China while unleashing subsidies and other financial incentives to ramp up home production.
VIRGIN ORBIT PAUSING ALL WORK, REPORTEDLY FURLOUGHS STAFF
Virgin Orbit said Thursday it is pausing all operations amid reports that the company is furloughing almost all its staff as part of a bid to seek a funding lifeline.
BAIDU UNVEILS CHATGPT-RIVAL ERNIE BOT; 650 COMPANIES SIGN UP
Chinese search giant Baidu unveiled its artificial intelligence chatbot Ernie Bot, presenting its rival to the Microsoft-backed ChatGPT in a prerecorded video presentation Thursday that appeared to disappoint investors.
Why TikTok is Being Banned on Gov't Phones in US and Beyond
The United States is ratcheting up national security concerns about TikTok, mandating that all federal employees delete the Chinese-owned social media app from government-issued mobile phones. Other Western governments are pursuing similar bans, citing espionage fears.
FDA'S OWN REPUTATION COULD BE RESTRAINING ITS MISINFO FIGHT
The government agency responsible for tracking down contaminated peanut butter and defective pacemakers is taking on a new health hazard: online misinformation.
Before I Won Boston, I Almost Quit Running
IN AN EXCERPT FROM HER UPCOMING MEMOIR, DESIREE LINDEN SHARES THE STORY OF THE PAINFUL YEAR THAT LED UP TO THE BIGGEST WIN OF HER LIFE.
New Hopes and Fears for Alzheimer's Patients
A new drug offers modest slowing of the disease in its early stages. But are the benefits worth the risks?
WONDER DRUG CLOBBERS DIABETES!
Patients with type 1 diabetes can take a single 14-day course of infusions to delay the disease's late stage
OTC Hearing Aids
Is Innovation Leaving the Rule Behind? A wave of new developments promises to solve the most pressing need for people with milder hearing loss, allowing mass-market hearables to supplant over-the-counter hearing aids with less stigma.
DOES IT WORK? Fighting Hair Loss
How a sci-fi-looking helmet might help you get it back
America is Hooked on Antidepressants
Popular medications work no better than placebo for millions of Americans and can come with severe withdrawal symptoms. Why do doctors prescribe them to 43 million Americans?
Cody Blue Snider's Psychedelic Quest
When traditional meds failed to help with his anxiety and depression, Snider (the son of rocker Dee Snider) set out on a journey to uncover the mysteries and potential magic of psychedelic treatments. Was it worth the trip?
A Drug Contaminant That's Hard to Catch
Nitrosamines that have been linked to cancer could cost Big Pharma billions of dollars
Coming into Focus
Once thought to primarily affect overstimulated boys, ADHD has become an epidemic among adult women. For one writer, coming to terms with her diagnosis later in life has put her past and family history in a new light.