Business Impacts

  • Pfizer Submits U.S. Emergency Use Application for COVID-19 Vaccine

    November 23, 2020

    Pfizer has applied to U.S. health regulators for emergency use authorization (EUA) of its COVID-19 vaccine, with an expected approval by mid-December and the anticipated delivery of an estimated 50 million vaccines by year end.

  • Hayase: Bitcoin Surge due to American Vote of No Confidence in Elections

    November 19, 2020

    According to Nasdaq contributor Nozomi Hayase, the American people showed a vote of no confidence in the integrity of the electoral process during the 2020 U.S. Presidential election, and, as a result, the bitcoin price surged to over $15,000, marking the highest mark since its all-time high in 2017.

  • Financial Leaders Further Embrace Stakeholder Capitalism

    November 18, 2020

    Following a move from JPMorgan Chase & Co, who has committed to reduce emissions by 2030, other major financial players, including Blackrock, UBS, and Goldman Sachs, are demonstrating an embrace of stakeholder capitalism, shifting the purpose of a business from serving shareholders to committing to deliver value to all stakeholders while focusing on the importance of corporate social purpose.

  • Pfizer and Biontech Reach an Agreement to Supply EU with 200 Million Doses of Their Covid-19 Vaccine

    November 16, 2020

    Pfizer and BioNTech SE announced that they have reached an agreement with the European Commission to supply 200 million doses of their investigational BNT162b2 mRNA-based vaccine candidate against SARS-CoV-2 to European Union (EU) Member States starting by the end of 2020 depending on the clinical success and regulatory authority. 

  • EU Charges Amazon with Misuse of Data

    November 12, 2020

    Following an inquiry which included the procurement of a massive data set from Amazon, European Union regulators filed antitrust charges against the company, saying the online retail giant broke competition laws by using its access to data from companies that sell products on its platform to gain an unfair advantage over them.

  • FEE: Public School Enrollment Falls as Covid Keeps Schools Closed

    November 11, 2020

    Shutdowns of public schools across the United States due to the Covid-19 pandemic have led to a significant decrease in public school enrollment, down by thousands in many places, revealing that parents are opting for private education options, a trend that will most likely continue after the virus fades.

  • As China’s Surveillance System Grows so does the Backlash

    November 04, 2020

    This week, Hangzhou, a city in eastern China that's home to Chinese tech giant Alibaba, published a draft law that would ban property managers from deploying facial recognition cameras in residential compounds without permission from local residents, evidencing growing citizen concern of the technological intrusion that has grown in China over the last ten years by 1,900%.

  • Huawei Challenges 5G Bans in Poland and Romania

    November 02, 2020

    Chinese telecoms giant Huawei has sent a letter of complaint to top European lawmakers accusing Poland and Romania, who have put a ban on 5G technology, of violating EU law, potentially leading to court battles over new telecom security policies.

  • TikTok used to Turn out Youth Vote for U.S. Election

    November 02, 2020

    As the U.S. Election Day approaches, TikTok is the latest political battlefield, with groups on the left and right, as well as nonpartisan civic organizations, putting money behind TikTok creators to turn out the youth vote. 

  • U.S. DOJ and State AG's Sue Google under the Sherman Act

    October 28, 2020

    Relying on the 1890 Sherman Act, the U.S. Department of Justice (DOJ) and 11 state attorneys general have sued Google in federal court, alleging that Google has cornered the search engine and online advertising markets by effectively becoming the “gatekeeper of the Internet.”

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