Good morning everyone. Congrats on surviving the first full week of 2021, which is quite the accomplishment.
0:04- The EV competition gets electric
The Chinese EV company NIO, had their “NIO Day” event yesterday during which they announced their new ET7 Sedan. This new luxury model will start at $69k and include features like autonomous-driving capabilities and seats with built in massage functions. CEO William Li indicated in the presentation that he hopes the ET7 will help to prevent Tesla from gaining any additional market share when they launch their Model Y in China within the next month.
0:24- Months since net loss of jobs in the US: 0
Last month, the US lost more than 140k jobs marking the first time in seven months that there had been a decrease in the net jobs within the country — this decrease meant that the jobless rate was at 6.7% for December, more than two times the pre-pandemic average. The main driver for this net loss was found in restaurants and bars, which accounted for over 372k losses, as lockdowns around the country continue to affect small restaurants unproportionately.
0:45- A not so typical Friday night
After all, it’s not every day that the President of the United States gets banned from Twitter (three times at that). Late Friday night, Twitter tweeted from their @TwitterSafety account that @RealDonaldTrump had been banned for “risk of further incitement of violence” — then they later banned @POTUS and @TeamTrump after President Trump attempted to circumvent the bans by utilizing those Twitter accounts. Following the bans, downloads of Parler (a Twitter alternative favored by conservatives) spiked on the App Store, at the same time when Google removed it from their Play Store under the claim that the app was being used to organize violence. (UPDATE: Last night, Apple removed Parler from their App Store as well, and AWS issued a notice that they would no longer host the website)
1:12- Holy shot!
Yesterday Pope Francis told the public that he would be getting the Covid-19 vaccine this week, calling it a lifesaving measure, and an ethical obligation. He stated, “It’s an ethical choice, because you are playing with health, life, but you are also playing with the lives of others. I’ve signed up. One must do it.”
1:26- This is some eggs-citing news
Cornell University and the University of Oregon recently conducted a study which found that more than 1.5Bn birds have been saved since the introduction of air quality laws. That makes up more than 20% of the birdlife in the US today!
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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