JUST IN: Microsoft is in talks to acquire Discord, a video-game chat community, for more than $10 billion, according to people familiar with the matter trib.al/qcDGtz7
Discord is known for its free service that lets gamers communicate by video, voice and text, and people stuck at home during the pandemic have increasingly used its technology for study groups, dance classes, book clubs and other virtual gatherings. More: trib.al/UslIWUh
Microsoft, which last year sought to buy social-media app TikTok and held talks to acquire Pinterest, has been shopping for assets that would provide access to thriving communities of users, sources say. More: trib.al/UslIWUh
“There’s a big opportunity to bundle Discord’s premium offering, Nitro, into the Game Pass service to drive more subscriptions from the last reported 18 million,” says Bloomberg Intelligence Analyst Matthew Kanterman trib.al/uC7olOn
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BREAKING: China sets its economic growth target above 6% for the year at the opening of the National People’s Congress. The government pledges to add more than 11 million urban jobs trib.al/bcVsQDa
JUST IN: China plans 2021 budget deficit at 3.2% of gross domestic product, Premier Li Keqiang says at the National People's Congress. trib.al/NmPM0EO
LATEST: Here are other key highlights of the government’s work report from the first day of China's National People's Congress trib.al/HpjyD61
BREAKING: Drugmaker AstraZeneca pulls out of a call with governments on coronavirus vaccine delays, according to European Union officials trib.al/sCSaBNK
LATEST: A spokesperson for AstraZeneca says the company still plans to join a vaccine call Wednesday evening, contradicting a statement minutes earlier by an European Commission spokeswoman bloom.bg/3psgLV6
The European Commission says that a crunch call over vaccine-delivery delays with AstraZeneca has been canceled after the drugmaker pulled out, a claim the company disputes bloom.bg/3psgLV6
2) Trump vowed in 2016 to very quickly “start reversing” the U.S. goods trade deficit with China. However, the gap has increased since then, hitting $287 billion in the 11 months to November last year. trib.al/dvoiRSs
3) Chinese export performance improved despite the trade war, with the country’s exports grew each year after Trump took office, including in 2019 when exports to the U.S. fell trib.al/dvoiRSs
The FDA's review process normally takes about six to 10 months. An emergency use authorization could change all that.
The FDA's advisory groups meets on Dec. 10. but we may get a hint in the days leading up the meeting, when it releases its staff report bloomberg.com/news/articles/…
If emergency authorization is approved, Pfizer and federal and state government officials have been preparing to help distribute the vaccine within days. bloom.bg/398qH0C
🦠 Here's an idea: should governments pay people to get a Covid-19 vaccine?
Is paying for vaccinations an ingenious idea that will save lives and livelihoods? Or is it an undue government intrusion into people’s lives? bloom.bg/3fkJyGR
Those are questions posed by Peter Coy, who says it's a debate the world needs to have.
💉 The news out of vaccine trials have been promising, but ultimately it's meaningless if people don't take them. bloom.bg/3fkJyGR
The idea of paying people to take care of themselves isn't new, Coy writes.
There are health insurance providers that reduce or waive premiums if you exercise frequently. That actually punishes those who don't participate, but it feels less coercive. bloom.bg/3fkJyGR