5 Top-Ranked Tech Stocks to Buy Ahead of Thanksgiving

The three major U.S. indices, namely, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq began the thanksgiving week on a bright note, courtesy encouraging vaccine data from AstraZeneca AZN and the University of Oxford.

The AstraZeneca-University of Oxford vaccine has shown 90% effectiveness. Notably, in late stage trials, vaccines developed by Pfizer and its German partner BioNTech have been found 95% effective, while Moderna’s shot is 94.5% effective. Meanwhile, Regeneron’s COVID-19 antibody treatment received emergency use authorization from the FDA.

The positive development on the vaccine front is great news for the United States, which has been seeing rising number of COVID-19 cases over the past few weeks. According to John Hopkins University data, more than 12 million people have been infected in the United States, with the death toll hitting 257,701 as of Nov 23.

Per a Reuters report, Dr. Moncef Slaoui, chief scientific adviser for

Read More

Vir Biotech CEO Says His Covid-19 Medicine Offers Promise for Next Outbreak

(Bloomberg) — Vir Biotechnology Inc.’s stock has lost some of its luster after quadrupling earlier this year as competition heats up for Covid-19 antibody therapies. Yet its chief executive officer is looking ahead to the next viral scourge.

Loading...

Load Error

With two well-heeled competitors ahead of it, Vir has pared a February surge to a still impressive 115% leap this year. Eli Lilly & Co.’s antibody treatment received an emergency use authorization on Nov. 9 and Regeneron Pharmaceuticals Inc.’s therapy got its nod over the weekend. Vir’s medicine is unique because it targets a variety of coronaviruses, CEO George Scangos said.

It “has the potential not only to be effective against Covid-19, but it has a reasonable chance of also being effective against the next coronavirus outbreak,” Scangos said in an interview. An interim look at late-stage data for VIR-7831 is expected in January.

Regeneron has touted its two-antibody cocktail

Read More

17 Education & Technology Group Files For U.S. IPO (Pending:YQ)

Quick Take

17 Education & Technology Group (YQ) has filed to raise $100 million in an IPO of its ADSs representing underlying Class A shares, according to an F-1 registration statement.

The firm provides offline and online K-12 education products and services in China.

YQ has done well with its ‘free razor and charge for razor blades’ business model approach, but operating losses and operating cash burn remain high.

I’ll provide a final opinion when we learn more IPO details from management.

Company & Technology

Beijing, China-based 17 Education was founded to develop an innovative hybrid offline-online model for K-12 students in China.

Management is headed by founder, Chairman and CEO Mr. Andy Chang Liu, who was previously principal of Shenyang New Oriental School, along with many years of education experience in offline schools.

The firm provides offline learning materials for free to more than 70,000 schools in China and

Read More

Pandemic has forced producers to bring new technology to sets

A week ago Monday, cast and crew of the Amazon series “Goliath” gathered to check in for a day of filming at Santa Clarita Studios.

Despite the pandemic, the fourth season of the show is back in action, thanks in part to technology that helps track COVID-19 testing for hundreds of cast and crew members, including stars such as Billy Bob Thornton.

As people arrived on set, a COVID safety officer scanned color-coded IDs with embedded chips that could be read by portals stationed around the set. The chips would collect and track data on the movements of cast and crew in case any of them came into contact with someone who tested positive for the disease.

This system, called Safe Set, was recently launched by Culver City-based Greg Guzzetta, a former production manager who spent the last decade providing public safety technology for live music events.

After the pandemic

Read More

DVIDS – News – Army gets new Chief Information Officer


WASHINGTON, D.C. — The Army’s Civilian Senior Leader Management Office announced Friday, Nov. 13, that Raj Iyer will take over as the new Chief Information Officer for IT reform.

In his new role as CIO, Iyer will serve as principal advisor to the secretary of the Army, setting the strategic direction and objectives for information technology and information management. Iyer will direct the execution of policies and programs for IT and information management areas, including integrated IT architecture, enterprise data management, cybersecurity, and cloud management.

Iyer is stepping into his new position following the realignment of the Army CIO and G-6 into two separate offices in August.

He takes over the role from Greg Garcia, who served as the Army’s acting Chief Information Officer while serving as the Deputy CIO and previous Army Chief Data Officer. In October, the Army announced David M. Markowitz as the new Chief Data

Read More

Spotify’s Latest Buy: Another Big Bet on Podcasts’ Future

Spotify (NYSE:SPOT), the global leader in music streaming, announced on Nov. 10 that it is acquiring podcast advertising and publishing platform Megaphone. The deal values Megaphone at $235 million and marks yet another investment by the Swedish tech giant into the podcast industry. Here’s what Spotify shareholders need to know about the deal.

What Spotify is getting

Megaphone is a middleman between podcasters and podcast advertisers. It helps creators publish shows and helps advertisers partner with those same shows, making it easy for creators to monetize their work.  

Spotify's UI.

Image source: Getty Images.

We don’t know the exact number of publishers who use Megaphone, but the company works with some of the largest studios in the industry. ESPN, the Wall Street Journal, Bloomberg, and many others use it as a premium publishing tool and a way to efficiently line up advertisements for their shows. This differs from Anchor, a

Read More

Innovative FinTech Startup Powers Mobile Engagement for Emerging Markets with 8×8

LONDON–(BUSINESS WIRE)–8×8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today announced that OKO, a provider of index insurance and other farming-related services to smallholder farmers in emerging countries, has selected 8×8 to transform communications with farmers across Africa, dramatically improving service delivery and providing enhanced customer experiences via the 8×8 Communications Platform as a Service (CPaaS) Chat Apps API.

OKO provides effective, affordable crop insurance to farmers in emerging markets by using new technologies in satellite imagery and weather forecasting to simplify and automate the claim management process, making crop insurance accessible to thousands of smallholder farms. Serving the agricultural community across Africa, OKO was using SMS to communicate and engage with farmers for purchasing crop insurance and sharing valuable information, such as weather updates, to minimise crop damage. However, SMS communication was often limited and ineffective due to the low literacy rate of farmers.

Read More

Airbnb Has a Good — But Not Necessarily Great — IPO Story to Sell Wall Street

Between the enthusiasm that markets have been showing both towards Internet growth plays and (more recently) towards companies seen as reopening plays, Airbnb should get a post-IPO valuation comfortably above the $18 billion valuation it received in an April funding round, and perhaps also above the $31 billion valuation it got in a 2017 funding round.

But a little bit like Uber (UBER) ahead of its 2019 IPO, Airbnb’s story is pretty complicated, featuring several things to be encouraged by but also a few things to be concerned about.

Key positives for Airbnb’s story:

  1. The company was seeing strong double-digit growth before COVID hit. Revenue was 32% in 2019 to $4.81 billion, while gross booking value (GBV – the total value of bookings on Airbnb’s platform, minus cancellations and alterations) rose 29% to $37.96 billion. (source: Airbnb’s IPO prospectus)
  2. Though Airbnb is still seeing revenue/bookings declines, demand has improved a
Read More

Scientists find water microdroplets can transform into hydrogen peroxide when condensing on cold surfaces

Scientists find water microdroplets can transform into hydrogen peroxide when condensing on cold surfaces
Photo shows water microdroplet condensate formed on the surface of a glass container containing cold water (left) and an image of water microdroplets formed on a polished silicon surface (right). Credit: Jae Kyoo Lee and Hyun Soo Han

In its bulk liquid form, whether in a bathtub or an ocean, water is a relatively benign substance with little chemical activity. But down at the scale of tiny droplets, water can turn surprisingly reactive, Stanford researchers have discovered.


In microdroplets of water, just millionths of a meter wide, a portion of the H2O molecules present can convert into a close chemical cousin, hydrogen peroxide, H2O2, a harsh chemical commonly used as a disinfectant and hair bleaching agent.

Stanford scientists first reported this unexpected behavior in forcibly sprayed microdroplets of water last year. Now in a new study, the research team has shown the same Jekyll-and-Hyde

Read More

The Technology 202: Snap’s response to TikTok could create familiar political headaches

“Snapchatters are some of the most expressive and creative mobile storytellers in the world and Spotlight gives them an opportunity to share their creations broadly,” the company said in a news release yesterday. “With over 4 billion Snaps created each day, Spotlight empowers the Snapchat community to express themselves and reach a large audience in a new way.”

Snap intends to seed its new feature by essentially launching a virtual talent search; it will offer a daily pool of more than $1 million to be paid out to makers of the most popular submissions until at least the end of the year. That could give it a competitive edge over TikTok, which has surged in popularity during the pandemic, and Instagram, which also recently launched a similar in-app feature called Reels. 

Yet expanding the ability of user-generated content to go viral could open up Snap to familiar political headaches. 

So

Read More