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China Blocks Clubhouse App After Temporary Flowering of Debate

It is unclear how many Chinese users were registered in the clubhouse in the mainland. While it was unlocked, the app was only available on Apple’s operating system, making it inaccessible to the vast majority of Chinese people who use Android. Users had to switch from Apple’s China App Store to download Clubhouse.

The app is also only available by invitation, which has led to a small black market for invitation codes in recent days. Before the app was blocked, the price of a code was up to 300 yuan, or around $ 46.

That didn’t stop thousands of Chinese users from flocking to the platform, which has audio chat rooms that disappear when the conversations are over. In the past few days, several Chinese language chat rooms with a capacity of 5,000 users have been occupied. Some said they would connect from the mainland while others identified as Chinese based overseas. Many said they were from Hong Kong and Taiwan.

Apparently every topic on China’s censorship blacklist had been discussed. In a chat room, participants discussed which Chinese leaders were responsible for Tiananmen Square in 1989. In another chat, users shared their experiences with the Chinese police and security guards.

In a third case, participants sat in silence as they mourned the first anniversary of the death of Li Wenliang, the doctor reprimanded for warning of the coronavirus in Wuhan, China. He died of the same disease, and his death caused the hashtag “freedom of speech” to spread widely on Chinese social media.

The app’s sudden popularity in China had led many to wonder how long the party’s government would give the party a lifetime. Social media companies operating in China are required to monitor user identity, share data with the police, and adhere to strict censorship guidelines.

Most of the major Western news sites and social media apps like Twitter, Facebook, and Instagram are completely blocked in China, and access to VPNs on the mainland is becoming increasingly difficult. The domestic social media platforms approved in China, such as WeChat and Weibo, are strictly regulated and monitored by censors.

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J&J CEO says individuals might get annual photographs for the subsequent a number of years

Johnson & Johnson Chairman and CEO Alex Gorsky celebrates the 75th anniversary of his company’s listing on the New York Stock Exchange on September 17, 2019.

Brendan McDermid | Reuters

People may need to be vaccinated against Covid-19 annually for the next several years, just like they would with seasonal flu shots, Johnson & Johnson CEO Alex Gorsky told CNBC on Tuesday.

“Unfortunately as [the virus] Spreads can also mutate, “he told CNBC’s Meg Tirrell during a Healthy Returns Spotlight event.” Every time it mutates, it’s almost like another click on the dial, so to speak, where we can see another variant, another mutation that can affect its ability to fight off antibodies or not just a therapeutic agent, but also react differently to a vaccine. “

Public health officials and infectious disease experts have indicated that there is a high probability that Covid-19 will become an endemic disease, meaning it will be present in communities at all times, albeit likely at lower levels than it is now. Health officials must constantly look for new variants of the virus so scientists can make vaccines against them, medical experts say.

Gorsky’s comment came after J&J stated it had applied to the Food and Drug Administration for emergency approval for its coronavirus vaccine. Unlike Pfizer and Moderna’s vaccines, which require two doses three to four weeks apart, J&J only requires one dose, which makes logistics easier for healthcare providers.

US officials and Wall Street analysts are eagerly awaiting J & J’s vaccine approval, which could come as early as this month. President Joe Biden is trying to speed up the pace of vaccination in the US, and experts say his government will need a range of drugs and vaccines to beat the virus that killed more than 450,000 Americans last year at Johns Hopkins University .

The Department of Health and Human Services announced in August that it had signed a contract with Janssen, J & J’s pharmaceutical subsidiary, worth approximately $ 1 billion for 100 million doses of its vaccine. The deal gives the federal government the opportunity to order another 200 million cans, according to the announcement.

Gorsky told CNBC that the company’s first priority is to work with the FDA for US approval. He said J&J was “at full speed” making vaccines, adding the company was “extremely confident” of achieving its goal of shipping 100 million doses of its Covid vaccine to the US by the end of June.

“We will keep our commitments while doing everything we can to safely and effectively speed production,” he said, adding that people are “very excited” to get a single shot of the virus.

J&J continues to work on a two-dose coronavirus vaccine, Gorsky said. The company expects two-shot vaccine data from clinical trials in the second half of 2021.

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Fox Information Studies Revenue Achieve, Regardless of Scores Drop

If Rupert Murdoch’s Fox News is at all worried about the recent rating declines, the company has hidden its concerns well. Mr Murdoch’s TV business continues to see sales and earnings growth and reports earnings in both areas in its quarterly report announced on Tuesday.

Fox Corporation, led by Chief Executive, Mr. Murdoch’s son Lachlan Murdoch, saw pre-tax profit jump 17 percent to $ 305 million. In the three months to December, which the company holds for its second fiscal quarter, the company posted an 8 percent increase in revenue to $ 4 billion.

Despite losing its rating crown to CNN in recent weeks, Fox News is still a winning machine. The cable division saw sales jump 1 percent to $ 1.49 billion and pre-tax income up 3 percent to $ 571 million. Advertising rose 31 percent to $ 441 million, but fees paid by cable operators to move the network fell 3 percent to $ 928 million as more people cut the cable.

Lachlan Murdoch trumpeted the cable news network’s performance and downplayed the youngest Decrease in audience numbers.

“The Fox News Channel ended the quarter with the highest average ratings,” he said on an earnings call with analysts. “We are now seeing an expected public retreat since the elections,” a phenomenon he said “in line with previous electoral cycles.” He expects the audience to return to the network at some point.

The company also announced a multi-year renewal contract for Suzanne Scott, the head of the network, to address any concerns that she might be replaced based on the latest rating performance.

“Suzanne’s track record, innovative spirit and commitment to excellence make her the ideal person to continue to lead and grow Fox News,” Lachlan Murdoch said in a statement Tuesday.

The network did not disclose the exact duration or financial terms of the deal.

However, a defamation lawsuit recently filed against Fox Corporation by a little-known technology provider hangs over the company’s financial future. The lawsuit brought by Smartmatic, whose system was used in the Los Angeles County presidential election, seeks at least $ 2.7 billion in damages against Fox Corporation, Fox News and some of its prime-time stars for participating in the conspiracy to lead Defamation and belittling Smartmatic and its voting technology and software, ”the lawsuit said.

Mr Trump and his supporters have repeatedly described the election as “rigged,” and Fox News and its sister network Fox Business have given significant airtime to personalities and anchors who have expressed doubts about the election results. The suit names the Fox anchors Maria Bartiromo, Lou Dobbs and Jeanine Pirro. Mr. Dobbs’ show was abruptly canceled last week, ending his ten year run with the company.

The fine Smartmatic is seeking appears to be an accurate reflection of the profit Fox Corporation is making. For the 2020 calendar year, the company posted pre-tax profits of approximately $ 3.1 billion. Fox recently moved to dismiss the lawsuit.

Fox News is also facing competition from newer media outlets like OANN and Newsmax, which are even further to the right. Fox loyalists appeared to have turned on the network after it scheduled the presidential election for Joseph R. Biden Jr., with some viewers flocking to competitors.

When asked about the declining ratings and the impending battle for his core audience, Mr Murdoch took some time to try to answer the question.

“In the journalism trade, you work out what your market is and produce the best product you can possibly produce,” he said. “At Fox News, Fox News’ success throughout its history has been delivering the absolute best news and opinion for a market we believe is firmly at the center of the right.”

He didn’t seem concerned about the surge in far-right news outlets, which have posted record ratings in the past few weeks.

“We believe that we are aligned exactly where we are aligned with the center right,” he said. “We believe that the Americans are politically there.”

The company’s Fox channels were a significant contributor to growth for the quarter as local channels posted record advertising in politics during the presidential election. The broadcasting division saw advertising dollars rise 10 percent to $ 1.8 billion.

The addition of Tubi, the ad-supported free streaming service Fox acquired last year, also helped boost sales for the TV unit. While it is still a money-losing company, Tubi is expected to double its sales to around $ 300 million for the fiscal year ending June.

Michael Grynbaum contributed to the reporting.

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Michelle Obama’s ‘Waffles + Mochi’ coming to Netflix in March

Former First Lady Michelle Obama visits the Lower Eastside Girls Club to meet and greet members and discuss her new book, Becoming, on December 1, 2018 in New York City.

Roy Rochlin | Getty Images News | Getty Images

Michelle Obama returns to Netflix this March.

The former first lady will appear in a children’s series called “Waffles + Mochi,” which is part of a multi-year production deal she and her husband Barack Obama signed with the streaming service.

The 10-part cooking show shows Obama together with a few friendly doll friends discovering, cooking and eating food from all over the world. The series starts on March 16.

In addition, “Waffles + Mochi” is working with Partnership for a Healthier America, where Obama is serving as honorary chairman, to provide fresh ingredients for families during the ongoing coronavirus pandemic.

This children’s program is the latest release from Obama’s production company, Higher Ground Productions, as part of their partnership with Netflix, which began in 2018. The couple has made several documentaries, “American Factory”, “Crip Camp” and “Becoming,”. “on the streaming service.

The signing of the Obamas nearly three years ago is part of Netflix’s ongoing strategy of securing exclusive deals with top content creators. Netflix has a long list of these partnerships, which includes contracts with Ryan Murphy, Shonda Rhimes, Kevin Hart, Prince Harry and Meghan Markle, David Benioff and DB Weiss, and Kenya Barris.

It is unknown how much Obama’s Netflix deal is worth or how long it was contracted.

Last week, Netflix and Higher Ground Productions released a schedule for the streaming service. The projects, which span several genres, are expected to be published in the next few years:

  • “Exit West” is a feature film based on Mohsin Hamid’s novel of the same name.
  • “Satellite” is a science fiction film written by Ola Shokunbi and produced by Kiri Hart and Stephen Feder for Rian Johnson and Ram Bergman’s T Street.
  • “Tenzing” is a film based on the true story of Tenzing Norgay, the first man to reach the top of Everest.
  • “The young woman” is a film by the writer and director Tayarisha Poe.
  • “Fireman’s Daughter” is a series based on Angeline Boulley’s debut novel and due for release this spring.
  • “Great National Parks” is a natural history documentary that explores national parks around the world.
  • “Ada Twist, scientist” is an animated preschool series based on the book series by Andrea Beaty and illustrator David Roberts.
  • “The G-Word with Adam Conover” is an Adam Conover comedy series based on Michael Lewis’ The Fifth Risk: Undoing Democracy.
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Inventory Market, Bitcoin, Tesla: Reside Enterprise Information Updates

Here’s what you need to know:

Credit…Michael M. Santiago/Getty Images

Bitcoin continued its rally, the latest leg of which was set off by Tesla’s announcement on Monday that it had purchased $1.5 billion worth of the digital currency and would start accepting Bitcoin payments. Bitcoin rose above $48,000 per coin early on Tuesday, a record, before coming off that high later, according to CoinDesk, a trading platform for digital currencies.

It is up more than 45 percent in 2021, and other cryptocurrencies are rising, too — including Dogecoin, which rose about 1,000 percent over the past week.

The momentum has been building as more trading apps allow users to buy, hold and sell cryptocurrencies, reported Nathaniel Popper for The New York Times: “The rally is a moment of euphoria for the thousands of different versions of digital money, which years ago were dismissed as little more than online Beanie Babies caught in a speculative bubble,” he wrote.

  • On Wall Street, the S&P 500 was slightly lower in early trading Tuesday, after the index had climbed to another record on Monday. Through Monday, the S&P 500 had climbed for six consecutive trading days.

  • European market were modestly changed, with the FTSE in Britain up slightly while the Stoxx Europe 600 was slightly lower.

  • The Nikkei in Japan gained 0.4 percent, while the Kospi in South Korea fell 0.2 percent.

  • Democrats in the House on Monday proposed legislation to send stimulus checks of $1,400 to Americans earning up to $75,000 and households with incomes up to $150,000. The direct payments are a critical part of President Biden’s stimulus plan, although the proposal may run into opposition from Republicans and some Democrats who want to focus the payments on lower-income Americans.

  • House committees on Tuesday are expected to begin considering the overall $1.9 trillion package, aimed at supporting the economy through the pandemic.

  • Ocado, the online supermarket based in Britain, reported a 35 percent rise in sales over the past year. As the company invests in new warehouses, “The landscape for food retailing is changing, for good,” said the chief executive, Tim Steiner.

  • Still, the company reported a net loss of 44 million pounds (about $60 million), down from 215 million pounds the previous year, and its shares fell.

Neera Tanden is President Biden’s nominee to head the Office of Management and Budget.Credit…Leah Millis/Reuters

Neera Tanden, President Biden’s nominee to head the Office of Management and Budget, will tell a Senate committee this morning that she would “work in good faith with all members of Congress” if confirmed, in a bid to head off Republican complaints about her past criticisms of conservatives.

Ms. Tanden is the president of the liberal Center for American Progress think tank, a veteran of the Clinton and Obama administrations and a former top aide to Hillary Clinton’s 2016 presidential campaign. She is set to testify on Tuesday morning before the Senate Homeland Security committee, with a second hearing scheduled for Wednesday before the budget committee.

Republicans in the Senate have criticized Ms. Tanden for past statements, including Twitter posts, in which she criticized Republicans in Congress and elsewhere. Ms. Tanden will nod to those criticisms in the opening statement she has prepared for delivery.

“The role of O.M.B. director is different from some of my past positions,” she plans to say. “Over the last few years, it’s been part of my role to be an impassioned advocate. I understand, though, that the role of O.M.B. director calls for bipartisan action, as well as a nonpartisan adherence to facts and evidence.”

Ms. Tanden will also stress her qualifications for the job, including her experience being raised by an immigrant single mother who was forced to draw on the government safety net at times.

“We relied on food stamps to eat, and Section 8 vouchers to pay the rent,” Ms. Tanden will say. “At school, I remember being the only kid in the cafeteria line who used 10-cent vouchers from the Free Lunch Program. I remember using food stamps at the grocery store.”

“If I am privileged to serve as director,” she will say, “I would ensure that O.M.B. uses every tool at its disposal to efficiently and effectively deliver for working Americans, small businesses, and struggling communities.”

Suzanne Scott will remain as the leader of Fox News Media, which includes Fox News, Fox Business and the streaming service Fox Nation.Credit…Fox

The chief executive of Fox News, Suzanne Scott, will remain in her role for several years to come after signing a new contract with Rupert Murdoch’s Fox Corporation, the network said on Tuesday.

The new multiyear deal will keep Ms. Scott as the leader of Fox News Media, which also includes the cable channel Fox Business and the streaming service Fox Nation.

“Suzanne’s track record of success, innovative sprit and dedication to excellence make her the ideal person to continue to lead and grow Fox News,” Lachlan Murdoch, the executive chairman of the Fox Corporation and Rupert Murdoch’s eldest son, said in a statement on Tuesday.

The network did not disclose the exact length or financial terms of the deal.

Fox News is facing a major defamation lawsuit and working to regain the ratings crown it recently lost to CNN for the first time in decades. Some viewers left the network for alternative channels like Newsmax after Fox’s news division called the presidential election for Joseph R. Biden Jr., over the protestations of then-President Trump.

Until Election Day, though, Fox News had been enjoying another record year under Ms. Scott’s tenure. Its weeknight lineup ended the year as the third-most-watched in all of prime-time television, ahead of the ABC broadcast network.

“I am grateful to Rupert and Lachlan Murdoch for the opportunity to continue leading Fox News Media and positioning all of our platforms for future success,” Ms. Scott said in a statement.

Representative Richard E. Neal, Democrat of Massachusetts, unveiled the bill on Monday ahead of a week of legislative work to solidify the details of President Biden’s stimulus proposal. Credit…Anna Moneymaker for The New York Times

House Democrats on Monday rolled out a key plank of President Biden’s stimulus plan, proposing legislation to send direct payments of $1,400 to Americans earning up to $75,000 and households with incomes up to $150,000.

The plan, drafted the day before key committees are scheduled to being meeting to consider it, is at odds with proposals from some Republicans and moderate Democrats who want to curtail eligibility for direct payments, targeting it to lower income people. Mr. Biden has said he is open to such modifications.

For now, the measure would allow individuals earning up to $100,000 and households earning up to $200,000 to be eligible for some payment, though the size of the checks would phase out gradually for those with incomes above $75,000, or $150,000 for a family.

The bill, unveiled by Representative Richard E. Neal, Democrat of Massachusetts and the chairman of the Ways and Means Committee, was one of a series that Democrats presented on Monday ahead of a week of legislative work to solidify the details of Mr. Biden’s stimulus proposal.

The decision to keep the income cap at the same level as the last round of stimulus payments comes after days of debate among the House Democratic caucus over the size of the checks, as some moderates pushed to restrict the full amount to those who make $50,000 or less and households earning up to $100,000.

The legislation also includes a series of significant changes to the tax code and an increase in an extension of weekly federal unemployment benefits. It would raise the $300-a-week payment to $400 a week and continue the program — currently slated to begin lapsing in March — through the end of August.

The $1.9 trillion plan would also provide for billions of dollars for schools and colleges, small businesses and a provision that would increase the federal minimum wage to $15 by 2025, a progressive priority.

Elon Musk, Tesla’s chief executive, is known for bucking convention, so his company’s purchase of Bitcoin is not surprising.Credit…Mike Blake/Reuters

Cryptocurrency prices are soaring after Tesla said that it had purchased $1.5 billion worth of Bitcoin with company funds. The electric carmaker wasn’t the first company to shift corporate cash into cryptocurrencies, but it was one of the biggest. It could make finance chiefs elsewhere consider whether they should follow suit, the DealBook newsletter reports.

Tesla’s move is an “exclamation point” for institutional acceptance of Bitcoin, said Matthew Graham, the chief executive of the Beijing-based blockchain investment firm Sino Global Capital. “It’s clear that Bitcoin is ready for Main Street.”

Elon Musk, Tesla’s chief executive, is known for bucking convention, so his company’s purchase is not as surprising as it would be at, say, Ford or General Motors.

Tesla had more than $19 billion in cash at the end of 2020, a big enough cushion to make the Bitcoin purchase a relatively small share of its resources. But much of that cash was raised in recent stock sales, and the company only recently reported its second year of positive free cash flow. Because of Bitcoin’s unique characteristics, Tesla will have to record declines in the value of its Bitcoin against its earnings, but cannot book gains.

The software company MicroStrategy now holds Bitcoin worth about a third of its market capitalization, according to a site that tracks corporate holdings. MicroStrategy’s chief, Michael Saylor, held a conference last week that promoted Bitcoin for corporations.

Naresh Aggarwal of the Association of Corporate Treasurers in London is skeptical that many companies will follow Tesla and MicroStrategy and buy Bitcoin at scale. “Gold is probably a more traditional form of alternative investment,” he said, yet few firms outside the financial sector hold it. “If they’re not tempted by gold, then I can’t see them being tempted by Bitcoin,” he added, likening it to “putting money on a horse race.”

Keeping money in liquid, safe investments is particularly important during the pandemic, and many corporate finance chiefs remember being burned in 2008 by higher-yielding alternatives.

Supervisors told employees that Kroger was shutting down two stores because of local hazard pay requirements.Credit…Maggie Shannon for The New York Times

The race to distribute vaccines and the emergence of more contagious variants of the coronavirus have put a renewed spotlight on the plight of grocery workers in the United States.

The industry has boomed in the past year as Americans have stayed home and avoided restaurants. But in most cases, that has not translated into extra pay for its workers, Sapna Maheshwari and Michael Corkery report for The New York Times. After Long Beach, Calif., mandated hazard pay for grocery workers, the grocery giant Kroger responded last week by saying it would close two locations.

And now, even as experts warn people to minimize time spent in grocery stores because of new coronavirus variants, The Times found only 13 states that had started specifically vaccinating those workers.

“Kroger is sending a message, more than anything else,” said Andrea Zinder, president of Local 324 of the United Food and Commercial Workers, which represents about 160 employees at the two stores. “They are trying to intimidate workers and communities: If you pass these types of ordinances, there will be consequences.”

Kroger, which operates about 2,750 stores, has attracted particular attention because it pursued stock buybacks last year and because its chief executive, Rodney McMullen, earned more than $20 million in 2019. The median compensation of a Kroger employee that year was $26,790, or a ratio of 789 to 1, according to company filings.

General Motors plans a  Hummer pickup as part of its ambitious lineup of electric vehicles.Credit…General Motors, via Agence-France Press — Getty Images

“I’ve been writing about the auto industry for 19 years, and I’ve really never seen anything like this,” Neal E. Boudette, who covers the auto industry for The New York Times, told Shira Ovide in this week’s On Tech newsletter.

“When I saw the G.M. news, I sat back in my chair and reflected on how revolutionary this was,” Mr. Boudette said. “G.M., for more than a century, has been producing internal combustion engine vehicles, and soon it won’t be.

“We’re on the cusp of one of those big industrial transformations in which we shift from an old way of doing things to a completely new one, and everything will be turned upside down.”

They discussed the future of cars and whether traditional automakers or tech-focused companies, like Tesla and Apple, would rule the next generation of the roads.

“It’s not either-or,” Mr. Boudette said. “The companies that succeed will need to think like the other side. Auto companies need to adapt the mind-set and expertise of tech firms, and vice versa.”

Joe Biden in an October 2009 meeting with economic advisers, including Larry Summers, second from right. Mr. Summers, then the director of the National Economic Council, is one of the economists now questioning the scale of the Biden administration’s pandemic stimulus plan.Credit…Mandel Ngan/Agence France-Presse — Getty Images

For weeks, policy veterans have been fretting among themselves over the scale of President Biden’s proposal for more pandemic aid, in private emails and text chains, Neil Irwin reports for The New York Times.

Larry Summers, the former Treasury secretary, made those concerns public with an op-ed article in The Washington Post last week. The article received some support on Twitter from another economist from the Obama administration and from a former chief economist at the International Monetary Fund.

The core question is whether the administration’s $1.9 trillion plan is too big. Is action on that scale needed to contain the economic damage from the pandemic? Or is it far too big relative to the hole the economy’s in, thus setting the stage for a burst of inflation followed by a potential recession?

  • Mr. Summers argues that the plan’s total size reaches a scale that risks major future problems. That implies that much of that spending will just slosh around the economy, causing prices to rise.

  • Treasury Secretary Janet Yellen and other top officials argue that their proposal is prudent and appropriately scaled and that the United States is in a do-whatever-it-takes moment. They do not dismiss the possibility that there will be higher inflation down the road — but say it is a manageable risk.

  • The economy is in uncharted territory. There is a lot of money poised to be spent, and some things may reduce the supply of goods and services. Lots of money chasing finite supply is an Economics 101 recipe for surging prices.

  • But for the medium term, the more important question is whether any inflation surge would be a temporary not-so-harmful phenomenon or the start of something more lasting.

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Telesat constructing $5 billion Lightspeed international satellite tv for pc web

A representation of the broadband constellation in Telesat’s near-earth orbit

Telesat

Canadian telecommunications satellite operator Telesat announced Tuesday that Franco-Italian space hardware maker Thales Alenia Space will build its next-generation broadband satellite network called Lightspeed.

Lightspeed will focus on delivering high-speed fiber-like Internet to Telesat’s customers around the world. The network, known in the industry as the Constellation, will consist of 298 next-generation satellites orbiting the Earth at an altitude of approximately 1,000 kilometers, or just over twice the altitude of the International Space Station.

“We’re not a start-up. This is not a new business for us. It’s the same old customers and the same old markets, but with an architecture that is better and more disruptive,” said Dan Goldberg, CEO of Telesat, to CNBC.

The company is primarily focused on business-to-business customers and expects the Lightspeed constellation to cost $ 5 billion, including the cost of the satellites, the purchase of rocket launches, the construction of the ground infrastructure and development of software platforms for the operation of the network. The cost of the satellites makes up most of that figure, as Goldberg said the contract with Thales Alenia Space is worth about $ 3 billion.

In particular, Goldberg made it clear that Telesat’s Lightspeed constellation is not designed to compete with SpaceX’s Starlink or Amazon’s Kuiper direct-to-consumer networks.

“This is not a broadband game for consumers,” Goldberg said. “We’re one of the largest satellite operators in the world today, and we’ve been for 50 years. But we’ve always been a service provider to businesses … we know this customer base, we know this customer base. We worked with these customers when we imagined this opportunity and designed this constellation. “

The headquarters of the company.

Telesat

Goldberg stated that Telesat Lightspeed’s customers include cruise lines, airlines and rural communities. The network’s anchor customer, according to Goldberg, will be the Canadian government, which has committed to using Lightspeed to “create a capacity pool that is being sold at very attractive prices to local authorities and truly rural broadband providers.”

“It’s orders of magnitude better than what exists today and even what a lot of people are planning,” said Goldberg. “This is about delivering a low cost per bit to the market.”

Telesat plans to begin launching the first speed of light in 2023. The first satellites will be launched by Jeff Bezos’ Blue Origin on his New Glenn rocket. Goldberg said he has been “following” the development of New Glenn as the rocket is scheduled to launch next year, but is confident that “it will be ready” when Telesat launches in two years. Telesat will also “announce other launch providers in the coming months”.

Telesat has selected our powerful New Glenn rocket to launch Telesat’s innovative LEO satellite constellation into space.

Telesat

One of the key technologies that Goldberg says Lightspeed satellites will use is intersatellite links, which allow satellites to establish data links with one another rather than individually connecting to points on the ground.

“We are basically running a large space-based mesh IP network, which means that all of our satellites are always online and generating revenue and can be connected to a user,” said Goldberg.

Inter-satellite links are key to reducing the number of points on the ground that the satellite constellation must connect to, as well as increasing the overall speed of the global network. Goldberg said Telesat plans to deploy around 30 ground stations around the world “because we don’t need that many” and it will help “minimize capital investments and on-site expenses”.

Telesat also worked to reduce the reflectivity of its Lightspeed satellites after SpaceX’s Starlink was hit by a public outcry from astronomers that hundreds of satellites were appearing as bright streaks on images captured by telescopes. Goldberg noted that the Lightspeed satellites will be about twice the height of the Starlink satellites, while also being a fraction of the number in the overall constellation. Telesat’s Lightspeed satellites are also designed to last 10 to 12 years each, so the company doesn’t have to replace them too often.

“We have been using space for 50 years – we are a responsible industrial user of space. We were very careful to ensure that it did not have such negative externalities,” said Goldberg.

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Clubhouse Cracked China’s Firewall. A Folks Shined By way of.

In the clubhouse, up to 5,000 users can join audio chat rooms that disappear when the conversation ends. Some users said their format made them feel more willing to share personal stories and hear different opinions. A user said in a chat room about censorship that anyone could see that all of the people who have been classified as dissidents in the mainland, like Hong Kong’s pro-democracy protesters, are real people. They no longer heard their voices filtered through official media.

Since Saturday, I’ve spent almost all of my waking hours wandering from one clubhouse chat room to another. In one room, a documentary filmmaker shared his thoughts on making a film about a subculture of young migrant workers called Smart who try to stand out in a conformist culture through wild hair and piercings. In another case, a graduate student in sociology shared his experience as a food delivery company. A group of feminists read works by feminist writers. More than 3,000 people joined a chat room parodying Hu Xijin, possibly the Communist Party’s most notorious propagandist. (A favorite line: “As long as we have enemies everywhere, we have no enemies.”)

A chat room with more than 100 people from northwest China that I am from focused on their interactions with ethical minorities. A woman from Gansu Province talked about how Muslims were portrayed as troublemakers in her hometown and how she learned to understand why it was offensive to hang the Chinese national flag in a mosque.

I learned of the de-Islamization of my home, the Ningxia Muslim Autonomous Region, after several people shared testimony. Jin Xu, an art history assistant at Vassar College who grew up there, talked about how his drawing of the Nanguan Mosque, a landmark in Ningxia, won a national award as a sixth grader and how the mosque had been brutally reconstructed into what he said in an interview me that it was an ugly concrete building that got rid of its external elements of Islamic art and architecture.

In a chat room, participants were asked to criticize the governments in which they live, be it China, Hong Kong, Taiwan, Japan or the United States. Inviting each speaker, the moderator asked, “So which government would you like to criticize?” In China, where open criticism is treated as treason, it felt like performance art.

Several chat rooms were devoted to the bloody crackdown on Tiananmen Square in 1989, a heavily censored topic on the Chinese Internet. Cai Chongguo, a student leader during the protests, spoke for about four hours, sharing his stories, and answering questions from thousands of people. He said he didn’t expect so many people to be interested.

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How Jeep landed Bruce Springsteen for its 2021 Tremendous Bowl advert

Bruce Springsteen starred in and narrated a two-minute Super Bowl ad for Jeep that featured far more Americana and scenery than any other vehicle.

Rob DeMartin for Jeep

Jeep’s Super Bowl commercial starring Bruce Springsteen was a decade in the making, according to Olivier Francois, an automotive marketing manager best known for convincing A-list celebrities to appear in such ads.

Every year since 2011, Francois said he had come up with an idea for a Super Bowl commercial by Springsteen’s manager Jon Landau. It became something of a tradition, although Francois believed there was little chance that this would happen.

Why Springsteen, who had never appeared in a commercial before? It goes back to the automaker’s former CEO Sergio Marchionne, who passed away unexpectedly in 2018. The Italian-Canadian businessman was a fan of the singer and regularly used his music at presentations and events to connect Springsteen’s personality with that of the company.

“What you are really seeing today is 10 years of history,” Francois told CNBC. “We started discussing Bruce – about Bruce, not him, about – with my old boss Sergio. … He loved Bruce Springsteen’s music.”

Francois, head of marketing at Jeep’s parent company Stellantis (formerly Fiat Chrysler), convinced Detroit rapper Eminem and musician Bob Dylan to star in the company’s ads. He even landed Oprah Winfrey for a voice over once. Last year, Francois convinced elusive actor Bill Murray to repeat his role from the 1993 film “Groundhog Day” for a Super Bowl commercial.

He said his “greatest regret” was unable to do the Springsteen commercial while Marchionne was alive. “My biggest regret today is that they never made it to meet. I always promised him that I would make a difference and I delivered a little too late,” said Francois.

Why now?

Francois first featured on Springsteen in a 2012 Super Bowl commercial titled “It’s Halftime in America,” which starred actor Clint Eastwood, another celebrity not known for appearing in ads or to commit to a product or company. The ad featured Eastwood as the national coach and urged the US to learn from the resurgence of the Detroit auto industry.

Francois referred to this year’s ad as the “successor” to this commercial as well as others such as a 2013 Super Bowl commercial called “Farmer”. Both were cinematic, country-specific ads with few actual vehicles.

In this year’s “The Middle” advertisement, Springsteen drives around in an old jeep and talks about a chapel in the center of the country called US Center Chapel in Lebanon, Kansas. He used the extremely small chapel as a base to talk about the country that must “meet here in the middle” before the ad ended with “To the ReUnited States of America”. A website and logos for Jeep followed, which will celebrate its 80th anniversary in 2021.

Bruce Springsteen (left) with Olivier Francois, Stellantis Chief Marketing Officer, while filming the company’s Super Bowl LV ad for Jeep.

Rob DeMartin for Jeep

In a press release, Landau said as soon as they saw the pitch they decided it was something they had to do.

“Olivier Francois and I have been talking about ideas for the past 10 years. When he showed us the design for ‘The Middle’, our immediate reaction was ‘Let’s do it’,” he said. “Our goal was to do something surprising, relevant, immediate and artful. I think that’s exactly what Bruce did with ‘The Middle’.”

Francois believes the message of the ad is in line with Springsteen’s beliefs and has struck the “right balance” between the company’s goal and that of the singer, who narrated a commercial for Joe Biden last year.

According to Francois, Springsteen was closely involved in creating the Jeep ad and worked closely with director Thom Zimny. He wrote and produced the original score for the commercial with another of his frequent collaborators, Ron Aniello.

The ad almost didn’t happen

According to Francois, the commercial with Springsteen almost never happened. After being turned down by the singer’s manager for 10 years, he had decided not to give Landau an idea for Springsteen.

“I think it’s the first year I haven’t asked an agency to crack an idea from Bruce Springsteen,” he said. “I think it took me 10 years to understand that it never happened. Of course I was wrong, but I thought so. And it was also an abuse of John Landau and Bruce’s time.”

Bruce Springsteen starred in and narrated a two-minute Super Bowl ad for Jeep that featured far more Americana and scenery than any other vehicle.

Rob DeMartin for Jeep

Until the Southfield, Michigan-based advertising agency Doner came up with the idea of ​​”The Middle”. After Francois contacted Landau in early January to say a happy new year, he decided to send him the advertising agency’s pitch. Francois said that after receiving the parking space, Landau believed it was “the right message”.

“Yes, he takes a position, but he takes a position for the middle,” said Francois. “It’s not liberal. It’s not republican. It’s just something that tries to stand up for the apolitical. The community.”

The news seems to have resonated with viewers. Since it was posted on YouTube early Sunday morning, the ad has been viewed approximately 24 million times. That’s roughly four times the combined viewership of other Super Bowl ads from General Motors, Toyota Motor, and online car salesman Vroom.

Categories
Business

Dental Practices Change within the Covid Period

Ann Enkoji sieht normalerweise gerne ihre Zahnarzthelferin, aber als ihre Zahnarztpraxis in Santa Monica, Kalifornien, im vergangenen Frühjahr ihren Reinigungsbesuch absagte, fühlte sie sich erleichtert.

Sie war ohnehin vorsichtig gewesen, den Termin einzuhalten, und hatte sich Sorgen gemacht, dass die Finger und Instrumente eines anderen ihren Mund erforschten, als sich mehr als 25.000 Amerikaner täglich mit dem Coronavirus infizierten.

“Es ist einfach zu nah in dieser Mund-Nasen-Region”, sagte Frau Enkoji, 70, eine Marketing-Design-Beraterin mit Sitz in Santa Monica.

Als sie im September zur Reinigung in ihre Zahnarztpraxis zurückkehrte, wurde sie gebeten, sich die Hände zu waschen und eine antimikrobielle Mundspülung zu verwenden. Diese Maßnahmen könnten laut Gesundheitsrichtlinien des Bundes dazu beitragen, die Ausbreitung von Keimen in Aerosol und Spritzern während der Behandlung einzudämmen.

Ohne Zweifel gehört die Zahnmedizin zu den intimeren Gesundheitsberufen. Patienten müssen den Mund weit offen halten, während Zahnärzte und Hygieniker mit Spiegeln, Skalierern, Sonden und bis vor kurzem diesen krampfauslösenden Bohrern im Inneren herumstochern.

Solche Bohrer und andere Kraftgeräte, einschließlich Ultraschall-Scaler und Luftpolierer, können schwebende Tröpfchen oder Aerosolspray erzeugen, die in der Luft hängen und möglicherweise das Virus tragen, das Patienten und Personal gefährden könnte.

Zahnarztpraxen arbeiten heute deutlich anders als vor der Pandemie. Seit ihrer Wiedereröffnung im Mai und Juni folgen sie den Richtlinien des Bundes und den Empfehlungen der Industriegruppen, um die Ausbreitung von Covid einzudämmen.

In Los Angeles County, wo Frau Enkoji lebt, wurden 1,4 Millionen Fälle verzeichnet, und New York City hat mehr als eine halbe Million Fälle gemeldet.

Und während die Impfung neue Aussichten bietet, gibt es neue Sorgen über ansteckendere Varianten des Virus sowie einen monatelangen Zeitplan für die Einführung der Impfstoffe für die breite Öffentlichkeit.

Viele Zahnarztpraxen sind in den letzten Monaten geöffnet geblieben. Zahnärzte und Hygieniker sind mit Gesichtsschutz, Masken, Kleidern, Handschuhen und Haarabdeckungen ausgestattet, die Duschhauben ähneln. Sie haben aerosolspeiende Kraftgeräte beiseite gelegt, und Hygieniker verlassen sich stattdessen auf traditionelle Handwerkzeuge, um Plaque und Zahnstein von Patienten zu entfernen.

Bei den neuen Verfahren werden Patienten in der Regel einige Tage vor dem Besuch angerufen und gefragt, ob sie Covid-Symptome haben. Sie können aufgefordert werden, in ihren Autos zu warten, bis sie gesehen werden können. Ihre Temperaturen können vor dem Betreten einer Zahnarztpraxis gemessen werden und sie müssen Masken tragen, außer während der Behandlung, alle Maßnahmen, die von den US-amerikanischen Zentren für die Kontrolle und Prävention von Krankheiten empfohlen werden.

Zahnarztpraxen sehen jetzt auch anders aus. Viele Zahnärzte lassen jeweils nur einen Patienten im Büro. Bei Exceptional Dentistry auf Staten Island gibt es im Wartebereich keine Zeitschriften, und an der Rezeption wurden Plexiglasschilde angebracht, sagte Dr. Craig Ratner, Inhaber des Büros im Stadtteil Tottenville.

Und Besuche können länger dauern, weil das Skalieren von Hand mühsamer ist als das Anwenden von Ultraschall-Scalern, und weil einige Patienten Zahnstein, Flecken und Plaque auf ihren Zähnen haben, die auf pandemiebedingte Lücken bei Besuchen zurückzuführen sind, sagte Dr. Ratner Präsident der New York State Dental Association.

“Es ist unglücklich, aber verständlich”, sagte er.

Diese Revolution in der Zahnschutzausrüstung wurde mit der Revolution verglichen, die das HIV begleitete/.AIDS-Pandemie, als viele Zahnärzte zum ersten Mal Handschuhe und Masken trugen, so ein Artikel in der Zeitschrift JDR Clinical & Translational Research.

“Die Zahnmedizin hat sich verändert – es ist unglaublich, wie sie sich in den letzten Monaten verändert hat”, sagte Dr. Donald L. Chi, Kinderzahnarzt und Professor für Mundgesundheitswissenschaften und Gesundheitsdienste an der University of Washington.

Covid-19 hatte die Vereinigten Staaten Anfang Februar kaum berührt, als Dr. William V. Giannobile, Dekan und Professor an der Harvard School of Dental Medicine in Boston, von einem Kollegen in Wuhan, China, hörte.

Der Dekan der Zahnarztschule in Wuhan, wo das Coronavirus erstmals am Silvesterabend 2019 gemeldet wurde, fragte Dr. Giannobile, ob er dazu beitragen würde, die Ergebnisse seines Teams in den USA erneut zu veröffentlichen.

Die Autoren des Artikels, der im Journal of Dental Research erscheinen würde, legten grundlegende Sicherheitsmaßnahmen fest, die später von Tausenden US-Zahnärzten übernommen werden sollten.

“Sie haben gezeigt, dass die Bereitstellung von Zahnpflege sicher ist und dass Richtlinien für die Triage von Patienten und die Bereitstellung von Zahnpflege eingeführt werden können”, sagte Dr. Giannobile.

Diese Richtlinien umfassen nicht nur die mittlerweile allgegenwärtige Verwendung von Schutzausrüstung für das Personal, sondern auch Fragen vor dem Besuch und Temperaturprüfungen sowie die Verwendung von Masken durch die Patienten. Und die Wuhan-Forscher erklärten, dass “in Gebieten, in denen sich Covid-19 verbreitet, nicht dringende Zahnarztpraxen verschoben werden sollten” – Ratschläge, die Anfang letzten Jahres von der CDC und der American Dental Association gebilligt wurden.

Aktualisiert

Apr. 8, 2021, 7:52 Uhr ET

Die Frühlingsschließung von Zahnarztpraxen bereitete vielen Zahnarztpraxen große Schwierigkeiten. Nur 3 Prozent dieser Büros in den USA blieben im März und April geöffnet, und Entlassungen und Urlaube führten zum Verschwinden von mehr als der Hälfte der Jobs in Zahnarztpraxen, sagte Marko Vujicic, Chefökonom der ADA

“Dies war ein beispielloses Ereignis in der Zahnmedizin”, sagte Vujicic. Als sich die Türen später im Frühjahr öffneten, stieg die Zahl der Patienten.

Sein Verband hat um Erlaubnis gebeten, landesweit Tests für das Virus durchzuführen und Covid-Impfstoffe zu verabreichen. Zahnärzte durften den Impfstoff in 20 Bundesstaaten verabreichen, darunter in Kalifornien, Connecticut, New Jersey und New York.

Zahnärzte stehen auf der Prioritätenliste für diejenigen, die für den Impfstoff in Frage kommen, ganz oben. In 40 Bundesstaaten haben sie den Status der Phase 1a. Die CDC empfiehlt, dass Zahnarzthelfer und -assistenten ebenfalls in die Prioritätenliste für Impfstoffe aufgenommen werden.

In New York City hat das College of Dentistry der New York University im vergangenen Winter persönliche Besuche ausgesetzt, aber Ende Juni die dringenden Fälle wieder aufgenommen. Seitdem wurden täglich mehr als 700 Patienten behandelt, sagte Elyse J. Bloom, stellvertretende Dekanin des College. Und die obligatorischen Virustests für Studenten, Mitglieder der Fakultät und des Personals haben dazu beigetragen, dass die Zahl der positiven Fälle am College insgesamt deutlich niedriger war als in New York City, sagte sie.

Die Angst vor dem Verlust von Arbeitsplätzen hat die Branche erfasst.

“Dies war eine sehr beängstigende Zeit für viele Menschen”, sagte JoAnn Gurenlian, Professorin für Zahnhygiene an der Idaho State University, die eine Task Force für die Rückkehr zur Arbeit bei der American Dental Hygienists Association leitet.

Mehr als die Hälfte der Zahnarzthelfer, Zahntherapeuten und Mundgesundheitsspezialisten gab an, in einer Umfrage der International Federation of Dental Hygienists vom Juni 2020 nicht gearbeitet zu haben. Die Hälfte sagte, sie seien zutiefst besorgt, dass sie nicht genug persönliche Schutzausrüstung hätten, um Patienten zu behandeln.

Auch die Patienten waren besorgt. Einige Zahnärzte haben gestresste Klienten behandelt, die im Schlaf ihre Zähne knirschten und Geräte zur Verhinderung von Chips oder Brüchen benötigten.

“Ehrlich gesagt habe ich viele Nachtwächter gemacht”, sagte Dr. Todd C. Kandl, der 13 Jahre lang seine Familienpraxis mit acht Mitarbeitern in East Stroudsburg, Pennsylvania, aufgebaut hat und im Poconos versteckt ist.

Dr. Kandl musste die Praxis Mitte März schließen und erhielt ein Bundesdarlehen, mit dem er am 1. Juni wiedereröffnet werden konnte. Dazwischen habe er versucht, den Zustand der Patienten telefonisch zu diagnostizieren, sagte er. Jetzt sind die meisten seiner Patienten zurückgekommen.

Er und seine Mitarbeiter befolgen die CDC-Richtlinien, indem sie für jeden Patienten ein sauberes Kleid anziehen und es anschließend wechseln. Sie waschen alle Kleider im Büro.

Er hat eine Reihe der von der CDC empfohlenen Upgrades installiert, darunter HEPA-Filtereinheiten (High-Efficiency Particle Air), um feine Partikel einzufangen. Und er kaufte mehrere Absaugsysteme, die Tröpfchen und Aerosole entfernen, sowie ultraviolettes Licht, um die Desinfektion zu unterstützen.

Dr. Kandl entschied sich auch dafür, die Verwendung von Lachgas einzustellen, einem Gas, das zur milden Beruhigung und Entspannung ängstlicher Zahnpatienten verwendet wird. In der Vergangenheit verwendete er das Gas selten, aber während des Covid-19-Ausbruchs machte er sich Sorgen um sein System, einen älteren Typ, der das Risiko einer Exposition von Patienten nicht wert war.

Lynn Uehara, 55, Geschäftsführerin einer Zahnarztpraxis in Hawaii, sagte, dass das Leben auf einer Insel zu Versandproblemen geführt habe, um die Schutzausrüstung zu erhalten, die ihre Mitarbeiter benötigen.

“Unsere Masken und Handschuhe werden von unseren wichtigsten Dentallieferanten rationiert”, sagte Frau Uehara. Die vor vier Monaten bestellten Kleider sind endlich angekommen. Und die Preise steigen. „Früher haben wir ungefähr 15 US-Dollar für eine Schachtel Handschuhe bezahlt. Jetzt berechnen sie uns 40 bis 50 Dollar pro Box. “

Aber wie andere Zahnärzte ist sie jetzt eine Veteranin der Unsicherheit. Wenn das Fehlen von Schutzausrüstung bedeutet, die Anzahl der Patienten zu verringern, “dann werden wir das tun”, sagte sie.

Die Familie Uehara hat Büros in Honolulu auf Oahu und in Hilo auf der großen Insel Hawaii. Die Pandemiesperren beeinträchtigten seine Praktiken. Familienmitglieder pendeln mit einem Verkehrsflugzeug zwischen den beiden Inseln hin und her, was ein weiteres Risiko darstellt.

Die Wiedereröffnung verlief langsam, aber die Patienten sind zurückgekehrt. “Ich habe das Lachen im Büro gehört”, sagte Frau Uehara.

Ein Anstieg der Coronavirus-Fälle bei Kindern hat auch Kinderzahnärzte vor Herausforderungen gestellt.

Anfang Dezember befürwortete die CDC nachdrücklich schulbasierte Programme, bei denen Zahnärzte dünne Beschichtungen, sogenannte Versiegelungen, auf die hinteren Zähne von Kindern der dritten bis fünften Klasse auftragen. Solche Versiegelungen sind besonders hilfreich für Kinder mit Hohlraumrisiko und für Kinder, deren Familien sich private Zahnärzte nicht leisten können, so die Agentur.

Dr. Chi, der Kinderzahnarzt und Professor an der Universität von Washington, sagte, dass die Zahnmedizin konservativere Methoden zur Behandlung von Karies anwendet, da einige Bohrer und Werkzeuge das Ansteckungsrisiko erhöhen könnten.

Dr. Chi, der in der Odessa Kinderklinik in Seattle praktiziert, sagte, dass eine Möglichkeit, das Bohren zu vermeiden, darin bestand, Silberdiaminfluorid auf den Milchzahn eines Kindes aufzubringen, um das Wachstum einer Höhle zu verhindern.

Er kann auch Edelstahlkronen auswählen, um das Wachstum eines Hohlraums zu blockieren. Das Anbringen solcher Kronen erfordert normalerweise das Betäuben des Zahns, das Entfernen von Karies und das Umformen des Zahns mit einem Bohrer und das anschließende Installieren der Krone.

Ein konservativerer Ansatz: Platzieren einer Krone direkt auf dem Milchzahn, ohne Karies oder Umformung zu entfernen. Es gibt Hinweise darauf, dass es genauso effektiv ist wie der traditionelle Ansatz, weniger Zeit benötigt und kostengünstiger ist, sagte Dr. Chi.

“Covid hat Zahnärzte wirklich ermutigt, alle Optionen zu prüfen, die Sie zur Behandlung von Zahnkrankheiten haben”, sagte er.

Einige Zahnärzte entscheiden sich jedoch möglicherweise dafür, den Beruf zu verlassen. Die ADA führte eine Umfrage durch, in der Zahnärzte gefragt wurden, wie sie reagieren würden, wenn ihre Patientenbesuche mehrere Monate lang gleich blieben.

“Unsere Daten zeigen, dass 40 Prozent der Zahnärzte ab 65 Jahren ernsthaft in Betracht ziehen würden, in den kommenden Monaten in den Ruhestand zu gehen, wenn das Patientenvolumen auf dem heutigen Stand bleibt”, sagte Dr. Vujicic.

Im Laufe der Zeit haben einige Patienten jedoch gelernt, sich anzupassen.

Enid Stein von Staten Island hat Dr. Ratners Praxis seit ihrer Wiedereröffnung fünf Mal besucht, um Implantate zu operieren und neue Kronen zu erhalten. Als selbstbeschriebene Germaphobe, die Alkoholspray in ihrem Taschenbuch trägt, brachte sie ihren eigenen Stift mit, um per Scheck zu bezahlen.

“Ich bin fertig, Gott sei Dank”, sagte sie. “Nicht, dass es mir nichts ausmacht, ihn und alle Mädchen im Büro zu sehen, aber ich bin in guter Verfassung.”

Categories
Business

European warehouse demand surges as e-commerce giants snap up areas

Staff walk the aisles collecting items before sending them to the on-site shipping hall to be packed in one of the UK’s largest Amazon warehouses in Dunfermline, Fife.

Jane Barlow | PA pictures | Getty Images

BEIJING – Big investors are investing money in warehouses in Europe, while online purchases of goods – some from China – are increasing after the coronavirus pandemic.

E-commerce was already growing before Covid-19 forced people to stay home and close store fronts. Now the pandemic has likely sped up e-commerce adoption by about 12 months, real estate consultancy Savills said in a December report quoting the Center for Retail Research.

One of the biggest challenges for companies looking to capitalize on the trend is finding ways to get orders done faster. Companies that previously relied on globally distributed supply chains are faced with a shortage of shipping containers, resulting in high delivery costs and long waiting times.

The new strategy is to find warehouses near customers and store them ahead of time so customers can receive their orders in a few days or less.

This has spiked warehouse demand and pushed the vacancy rate in Europe to a record low of around 5% – and the rate is still falling, said Marcus de Minckwitz, director of the London Omnichannel Group at Savills.

“In the course of 2020, under the leadership of the UK, we saw record utilization of warehouse space across the continent,” he said. “This was driven by Amazon and then third-party logistics service providers.”

There is an Amazon warehouse in the Port of Belfast as the Coronavirus disease (COVID-19) spread continues in Belfast, Northern Ireland on April 6, 2020.

Jason Cairnduff | Reuters

Total investment in European logistics rose last year to 38.64 billion euros (46.5 billion US dollars). According to Savills, this is the highest value since 2013.

Now Europe expects more demand from Chinese e-commerce players entering the market under the leadership of Alibaba, de Minckwitz said.

Alibaba has grown its cross-border e-commerce business primarily through its AliExpress platform and Cainiao’s logistics arm.

The company spearheaded rapid growth in cross-border e-commerce, which helped Cainiao sales jump 51% year over year in the final three months of 2020 to $ 1.74 billion at the time, according to Alibaba.

Some of the largest companies in the investment world are taking note of the trend.

E-commerce increases China’s exports

The Chinese authorities are also talking about the trade impact.

Cross-border electronic trade between China and other countries rose 31.1% last year to 1.69 trillion yuan, mainly in exports, according to the national customs authority. As a result, overseas warehouses rose 80% year over year to over 1,800 in 2020, the Commerce Department said in January.

Diane Wang, founder and chairman of Chinese e-commerce website DH Gate, said last month the company has 10 warehouses overseas and plans to add 40 more this year.

About half of the products are upstream abroad, so customers can receive their orders within three days, she said. Wang predicts that cross-border e-commerce will increase from around 5% of China’s international trade to 30% over the next decade.

Official data by country or region was not available, but anecdotes show that much of the foreign interest in e-commerce with China comes from Europe. The region is already one of China’s most important trading partners.

“A lot of people buy Chinese products in Europe,” said Suresh Dalai, senior director of Alvarez & Marsal consultancy, which focuses on retail operations in Asia. He expects more investment in technology for order tracking, same-day delivery and storage of packages in central lockers so consumers can pick up packages when they want.

“There is a lot of demand. I don’t think (new Chinese players) are really influencing Alibaba that much,” said Dalai. “I think it helps because it only spurs additional investment in warehouses and technology and more and more consumers are getting used to shopping across borders and shopping on China-made websites.”