Palantir reports 49% revenue growth for its first quarter
Palantir, the maker of software and analytics tools for the defense industry and large corporations, reported 49% revenue growth for its first quarter, beating Wall Street estimates
It also came in line with earnings estimates
Palantir said it expects to bring in $360 million in revenue in its second quarter compared with the $344.3 million expected in a Definitive survey of analysts
In its fourth-quarter report, the company said average revenue for 2020 came to $7.9 million and the average revenue for its top 20 customers hit $36.1 million
Pfizer scientist says mRNA technology used for Covid vaccines could create ‘more potent’ seasonal flu shots
Flu vaccinations reduce the risk of illness from influenza viruses by between 40% and 60%, according to the CDC
Influenza viruses are always changing, making it tricky to find the right vaccine formula since a strain that was common in a previous season may not be as prevalent in the next
Scientists have to constantly monitor strains and select which ones will be included in the flu vaccine each year
Apple rejects almost 1 million new apps in 2020
Apple said it rejected almost 1 million apps that were submitted to its App Store for the first time in 2020
It is the latest sign that Apple is becoming more transparent about how it approves and rejects iPhone apps
The disclosure comes as Epic Games’ antitrust trial against Apple has focused on App Store’s failures
Apple argues that by having a system where the company approves each of the 1.8 million apps on the store and their updates, checking the apps against a lengthy list of App Store rules, it can keep iPhone users safe from scams, malware, and poor-quality user experiences
Job openings moved above 8 million in March, a new high
Job openings surged to a record high in March, with more than 8 million postings
Hiring saw a much smaller increase, indicating a continued problem with matching workers to open positions
As “help wanted” jumped from February by 597,000, or 8%, to 8.12 million, hires rose just 215,000, or 3.7%, to slightly more than 6 million
By K Buenavista
Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.
