⏱Is Plaid back in fashion?
Uber x Moderna, and travel restrictions
Good morning everyone — 2021 is off with a bang so far, and the news can barely keep up. Luckily, you only need 90 Seconds today to keep up with it...
0:05- “Your vaccine is here”
In the most ambitious crossover of all time, Uber and Moderna announced a partnership today geared towards helping with Covid-19 vaccination efforts. So far, the only tangible byproduct is accurate information about the vaccine within Uber’s app, but there are plans to implement ride scheduling into the booking process for vaccines within the US. This will complement Uber’s existing efforts where they are currently offering free and discounted rides to get the vaccine in areas that need it.
0:26- Do not pass go, do not collect $200 (if you have Covid)
A new directive was issued by the US government states that travelers coming from the U.K. must have proof of a negative Covid test before they’re allowed to board a flight to the country. This directive will go into effect on January 26th, and comes as cases (a large portion of which feature the new strain) within the U.K. have been surging as of late. There’s potential for new countries to be included in the order, but as of now none have been announced.
0:49- Visa won’t be wearing Plaid anytime soon
In an announcement today, Visa and Plaid announced that their planned merger has now been cancelled. The reason? An antitrust lawsuit filed by the Department of Justice last November which threw up a rather large regulatory hurdle. The suit argued that if the merger were to go through, Visa would create a monopoly in the online debit-card market, as Plaid has been a driving force in the Fintech market since its inception. In a statement, Visa’s CEO implied that the deal could have gotten done, but would’ve taken “substantial time” and “protracted and complex litigation.”
1:14- 160 and counting...
So far the FBI has opened more than 160 cases following the events at the Capital last week. This total has been accomplished by consuming more than 100k pieces of digital media related to the events, and establishing a team of senior national security and public corruption prosecutors to determine the most severe cases.
1:28- Even if you’re not a car guy, you might love this
Because after all, this isn’t even really a car. Today, GM announced their Cadillac eVTOL air taxi — an electric flying car that they plan on making in the future.
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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