Short-form video streaming app Quibi announced that it will cease operations, just six months after a high-profile launch backed by $1.75 billion in funding from studios and venture capitalists.
Axios Re:Cap digs into what went wrong and what happens next, with REDEF CEO Jason Hirschhorn.
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Last year entrenched videoconferencing at the center of our work and private lives — but also showed us the limits and drawbacks of the tools we now depend on.
What's happening: Services like Zoom, Microsoft Teams and WebEx were a lifeline in 2020, channeling everything from work and school to parties and doctor's appointments into our homebound lives.
The Cleveland Clinic on Tuesday released a study showing that 99.75% of patients hospitalized with COVID-19 between Jan. 1 and April 13 were not fully vaccinated, according to data provided to Axios.
Why it matters: Real-world evidence continues to show coronavirus vaccines are effective at keeping people from dying and out of hospitals. The Pfizer-BioNTech and Moderna vaccines have been found to be 95% and 94% effective, respectively, at preventing symptomatic infections.
The amount of carbon dioxide in the Earth's atmosphere has reached its annual peak, climbing to 419 parts per million (ppm) in May, according to scientists from Scripps Institution of Oceanography and the National Oceanic and Atmospheric Administration (NOAA).
Why it matters: It's the highest CO2 reading since reliable instrument data began 63 years ago, but evidence shows it's also a peak since well before the start of human history.
America's best shot for Olympic gold in the women's 100 meters won't be competing, after testing positive for marijuana.
Driving the news: U.S. favorite sprinter Sha'Carri Richardson has been suspended after testing positive for marijuana that she said she used to cope with her biological mother's death, which had put her in "a state of emotional panic."
