Shanghai doubles down on the metaverse by including it in a development plan

Shanghai doubles down on the metaverse by including it in a development plan

December 31, 2021 Becki Center 0

Joggers in Shanghai, China, on April 10, 2021.Qilai Shen | Bloomberg | Getty ImagesBEIJING — China’s biggest city is getting serious about the metaverse, the technology that’s drawn mass attention this year for its potential to form the next generation of the internet.Chinese government departments and local authorities have issued five-year development plans this year…

Dow jumps more than 400 points after better-than-expected earnings reports

Dow jumps more than 400 points after better-than-expected earnings reports

October 15, 2021 Becki Center 0

U.S. stocks rallied Thursday after better-than-expected earnings reports from Walgreens Boots Alliance, UnitedHealth, Bank of America and other major companies.The S&P 500 rose 1.7% to 4,438.26 in its biggest jump since March. The Dow Jones Industrial Average jumped 534.75 points, or 1.6%, to 34,912.56. The Nasdaq Composite added 1.7% at 14,823.43.The three averages are now…