Thursday☕️

Thursday☕️

Trending:

  • New Cancer Drug
  • Meta and Google Ban Canadian News
  • Uber's First Profits

Markets:

  • Yesterday's U.S. stock market:
TradingView
  • Yesterday's crypto market:
TradingView @7:29 PM EST

New Cancer Drug:

  • Researchers have created a breakthrough cancer medication, AOH1996, which eliminates all solid cancer tumors without affecting other cells.
  • This pill, the result of two decades of research and development at the City of Hope Hospital in Los Angeles, one of the largest cancer centers in America, represents a major leap in cancer treatment.
  • Lab tests on 70 diverse cancer cells, encompassing breast, prostate, brain, ovarian, cervical, skin, and lung cancers - confirmed the drug's efficacy against all.

Meta and Google Ban Canadian News:

  • Meta has stated that, effective yesterday, Canadian users will be restricted from accessing news sites on its platforms. This is a response to a law enacted in Canada in June, requiring tech giants like Google and Meta to compensate news publishers for sharing their content.
  • Tech companies have resisted this, arguing they already help news organizations by driving traffic to their content. In June, Google announced it would remove Canadian news outlets from its search results when the law becomes operational. On a similar note, Meta declared on Tuesday that it would immediately restrict Canadian users from accessing news sites or accounts.

Uber's First Profits:

  • Uber, since its establishment in 2009, has grown to become the world's leading ride-sharing platform, an achievement that came with considerable financial hurdles. Throughout its expansion journey, the company navigated a long and demanding financial runway, racking up $31.5B in operating losses.
  • This runway period was primarily fueled by investor capital as Uber worked to refine its business model and achieve profitability. The second quarter of 2023 marked a turning point for Uber, as the company reported its first operating profit of $326M for the first time.

Statistic:

  • Largest labor forces in the world:
  • 🇨🇳 China: 807.6 million
  • 🇮🇳 India: 528.0 million
  • 🇺🇸 United States: 163.5 million
  • 🇮🇩 Indonesia: 131.7 million
  • 🇧🇷 Brazil: 110.9 million
  • 🇷🇺 Russia: 76.2 million
  • 🇲🇽 Mexico: 59.3 million
  • 🇯🇵 Japan: 68.8 million
  • 🇩🇪 Germany: 46.2 million

Article Links:

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