⏱Texas takes it back
The second biggest private company raises money, and a target date for the vaccine
Good morning everyone, and welcome to the third day of both the week and month in the third month of the year.
0:05- Everything is bigger open in Texas
Yesterday Texas Governor Greg Abbott announced that Texas would be opening back up — completely. Businesses will be allowed to operate at full capacity, and state residents will no longer have to wear a mask after the change takes effect on March 10th. This moves after a CDC proclamation on Monday that warned against the easing of restrictions, as states such as Iowa, Montana, and North Dakota had all previously revoked their mask mandates as well. Currently Texas has vaccinated 6.6% of its population, and has a 13.5% positivity rate.
0:30- May-be it’ll be over by then
In a statement to the press, President Biden announced yesterday that the US expects to have enough Covid vaccines for every American adult by the end of May. This news follows the approval of Johnson and Johnson’s one shot vaccine, something that Biden pointed to as a major help. In his speech, Biden also asked states to prioritize educators, school staffers, and child-care workers, suggesting that they should all receive shots by the end of March.
0:50- Instacart delivers... on a sky-high valuation
Instacart closed on a round of funding yesterday that valued the company at more than $39Bn, making it the second largest private company in the United States behind only SpaceX ($74Bn). The grocery store delivery service has now more than doubled its valuation since November as the pandemic continues to push it to the forefront of many American’s lives. Reportedly the company is also looking at going public later this year.
1:09- The NBA expands into Canada… for clothing
In a press release yesterday, the NBA announced that it had officially inked a deal with Canada Goose to make them the “official outwear partner” of the league. In addition to offering NBA branded merchandise, the company will also partner with a new design firm each year to release exclusive collections for the NBA All-Star weekend. This year’s partner is RHUDE, and the gear will drop March 4th.
1:27- These are the clones you’re looking for
Scientists are currently helping out the Black-Footed ferret recover from a lack of genetic diversity (caused by being an endangered species) by cloning ferrets with frozen genes from one that lived more than 30 years ago.
Have a great rest of your day, and we’ll see you tomorrow bright and early!
-The 90 Second News Team
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