Apple To Open World’s First Floating Store In Singapore
Apple is set to open its outlet ‘Apple Marina Bay’, the world’s first floating retail store, on Thursday at Marina Bay Sands, Singapore.
Appearing as a sphere floating on the iridescent Marina Bay, the store offers uninterrupted 360-degree panoramic views of the city and its spectacular skyline.
Apple already has a store in Singapore on Orchard Road and another one at Singapore Changi Airport.
The store’s design includes many of the company’s latest features, encompassing a Forum, underwater Boardroom. The Forum is centered around a Video Wall, which will serve as the stage for Today at Apple sessions featuring Singapore’s artists, musicians, and creators, Apple said in a statement.
Entrepreneurs and developers interested in receiving training and advice can meet with Apple team members in the company’s first underwater Boardroom, located on the lower level of the store, the company said.
According to the company, the new store will open with thorough health and safety measures seen across all Apple Store locations for both employees and visitors, including a mask requirement, temperature checks, and social distancing.
Apple Marina Bay Sands will be staffed with 148 employees who collectively speak over 23 languages.
Last month, Apple became the first U.S. company to reach a $2 trillion market value.
Stock Alert: Kala Pharmaceuticals Falls 11% On Lower Rating
Shares of Kala Pharmaceuticals, Inc. (KALA) are losing almost 11 percent or $0.94 in Monday’s morning trade at $7.83 after a rating downgrade by analysts at Jefferies Financial Group.
According to reports, Jefferies downgraded Kala Pharmaceuticals from a ‘buy’ rating to a ‘hold’ rating and lowered the price target on the company’s stock from $21 to $10.
Kala Pharmaceuticals has traded in a range of $3.24 to $14.68 in the past 52 weeks.
Pfizer says enrolled more than 29,000 people in its Covid-19 vaccine trial
NEW YORK (REUTERS) – Pfizer Inc said on Monday (Sept 14) that it had enrolled more than 29,000 people in its 44,000-volunteer trial to test the experimental Covid-19 vaccine it is developing with German partner BioNTech.
The company, which expanded the size of the trial from 30,000 people over the weekend, had enrolled more than 25,000 people as of last week.
The company has said it could have results on whether the vaccine works in October.
The second wave: Powered by science fiction?
Since February, we’ve been washing our hands, staying alert, eating out to help out, working from home and all while trying to stay two metres apart.
But last week, the government brought in a new attack on the surge in coronavirus cases: the ‘rule of six’ and ‘Operation Moonshot’.
In this episode, Professor Stephen Reicher, one of the government’s scientific advisers, argues that the prime minister is risking playing a ‘blame game’ with his strategy; and Sky political correspondent Kate McCann talks us through how realistic the Moonshot plan really is.
The science behind the rapid-response antigen tests that could save the Pac-12’s season – The Denver Post
YouTube unveils short-form video ‘Shorts’ to compete with TikTok
YouTube is rolling out a short-form video feature called “YouTube Shorts” to compete with the popular social media platform TikTok.
YouTube said Monday that YouTube Shorts — set to launch in the next few weeks — will allow creators and artists to shoot short, catchy videos up to 15 seconds long using their mobile phones.
Shorts will feature a multi-segment camera to edit multiple video clips together, and will feature a library of songs to include with the videos. Like TikTok, Shorts will also have speed controls that “give you the flexibility to be creative in your performance,” as well as a timer and countdown to “easily record, hands-free,” Jaffe said.
The new product will first be released over the next few days in India where it will be tested with “a handful of creation tools,” Chris Jaffe, YouTube vice president of product management wrote in a blog post on the company’s website.
The move by Youtube comes as TikTok, the short-form social media app, faces an uncertain future. Oracle emerged as the top bidder for TikTok under a deal that still requires approval from the Trump administration, which has required the divestiture of TikTok’s US assets on national security grounds.
It also comes as Facebook’s Instagram launched Reels, similar TikTok-style videos, last month.
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Retail inflation eases to 6.69% in August
Retail inflation softened slightly to 6.69% in August, even as food prices continued to rule high, official data showed on Monday.
The government has revised downwards the retail inflation for July to 6.73% from the earlier estimate of 6.93%. Food inflation during the month stood at 9.62%.
Food inflation in August fell marginally to 9.05%, according to the Consumer Price Index (CPI) data.
The retail inflation, mainly taken into account by the RBI to arrive at its policy decisions, has been above the regulator’s comfort level.
The government has mandated the central bank to restrict the inflation at 4% (+/- 2%).
George Washington Enrollment Drops 24% in Pandemic Setback
George Washington University’s enrollment is down about 24% from last year, an early indication of the impact of Covid-19 on U.S. higher education.
President Thomas LeBlanc told a faculty senate meeting that preliminary undergraduate enrollment is about 1,000 students below its target of 10,126, a spokeswoman said Monday. Last year, the school in Washington, D.C., drew 12,031 undergrads in the fall, including 1,416 from abroad.
The university was already planning to decrease the size of its undergraduate population over several years, but the pandemic accelerated the drop, according to the spokeswoman.
Colleges have feared that fewer students would show up this term, with masks, virus testing and limited interactions for in-person attendees. Many schools are going all or mostly virtual, while others have sent students home after outbreaks.
Some 67% of schools expected enrollment to decrease, and most forecast lower tuition revenue, according to a poll last month by theNational Association of College and University Business Officers. Those with big international populations forecast the steepest declines.