Monthly Archives: August 2022

Mehmet Oz says he’ll be ‘tough on China’ as a senator. But a 2013 announcement from a Chinese health tech company offers a different perspective.

Republican US Senate candidate Mehmet Oz speaks at a rally in support of his campaign at the Westmoreland County Fairgrounds on May 6, 2022 in Greensburg, Pennsylvania. Jeff Swensen/Getty Images Criticizing China has been a cornerstone of Oz’s US Senate campaign in Pennsylvania. But Oz once embraced doing business with — and “bringing joy” to…

After using the ‘anti-social media’ app BeReal for 5 months, I’m convinced any clone by Instagram won’t be able to replicate its authenticity

BeReal social media app screenshots Apple App Store The “anti-social media” app BeReal has risen to the top of app store rankings this summer. It gives users 2 minutes a day to post candid photos — no filters allowed and limited retakes. Now, Instagram is internally testing out a similar feature called “IG Candid,” Meta…

Biden’s student-loan debt forgiveness would cost $300 billion, report says — less than half of the defense budget

President Joe Biden listens as he meets virtually with Chinese leader Xi Jinping from the Roosevelt Room of the White House on November 15, 2021. AP Photo/Susan Walsh, File The Biden administration is reportedly gearing up to cancel $10,000 in student debt for some borrowers. The announcement, targeted at borrowers making under $125,000, could come…

Oil prices extend gains as OPEC+ eyes production cuts if a revived Iran nuclear deal adds crude supplies to the market

Parties to the Iran nuclear deal meet in Vienna, December 17, 2021. EU Vienna Delegation/Handout/Anadolu Agency via Getty Images Crude oil prices added to gains on Tuesday as OPEC+ reportedly contemplates output cuts.  Sources told Reuters that reductions could coincide with a return of Iranian oil supplies if its nuclear deal is revived. On Monday,…

Natural gas-powered electricity generation in the US spiked to an all-time high last month despite soaring prices

US natural gas exports to Europe have surged. LOIC VENANCE/Getty Images Electricity generated from natural gas hit an all-time high in the US last month despite soaring prices. High usage is expected to exacerbate energy shortages, as natural gas inventories run low. The EU has been particularly impacted, and plans on cutting its natural gas…

Jack Dorsey and Vitalik Buterin have been squabbling for months over whether bitcoin or ethereum is better. Here’s how their head-butting began.

Michael Ciaglo/Getty Images; MARCO BELLO/AFP via Getty Images; Insider Ethereum co-founder Vitalik Buterin and bitcoin believer Jack Dorsey don’t always see eye to eye. They’ve publicly denounced each other’s favorite decentralized finance protocol for months. Dorsey has called ethereum projects as having “points of failure” and Buterin knocked Dorsey’s bitcoin project, TBD. Jack Dorsey and…

‘House of the Dragon’ is HBO’s biggest premiere ever, and it proves ‘Game of Thrones’ is still a massive hit 3 years after its divisive finale

“House of the Dragon.” HBO “House of the Dragon” drew nearly 10 million viewers on Sunday, the biggest HBO premiere ever. It shows that there’s still substantial interest in the “Game of Thrones” franchise. “Game of Thrones” ended three years ago with a divisive finale, but remains massively popular. The “Game of Thrones” prequel “House…

THE DIGITAL HEALTH ECOSYSTEM: An in-depth examination of the players and tech trends reshaping the future of healthcare

This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Business Insider Intelligence Digital disruption is rocking the healthcare industry, and key stakeholders — payers, providers, manufacturers, and medical supplies distributors — are all feeling its effects differently. Until…

‘Batgirl’ director said he ‘wanted to break stuff, cry, even laugh’ when he learned that the movie was shelved while at a wedding

Leslie Grace as Batgirl. Warner Bros. Warner Bros. Discovery recently canceled the release of the “Batgirl” movie. Co-director Bilall Fallah said that he “wanted to break stuff, cry, even laugh” when he heard. The movie was scrapped as part of Warner Bros. Discovery’s overhaul of the company’s strategy. When Warner Bros. Discovery shelved its “Batgirl”…

The 10-year Treasury yield is back above 3% and that may spell another round of downward pressure for US stocks

Spencer Platt/Getty Images The 10-year Treasury yield has climbed back above 3%, a level of pain for US stocks during 2022.  The S&P 500 twice this year dropped for weeks after the bond yield surpassed 3%, said Bespoke Investment Group on Tuesday.  “You can’t fault equity investors for being uneasy given the moves we have…