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Stories we're watching...

Monday, August 30, 2021 by Robinhood Snacks | Disclosures

The Delta effect... Pfizer's Covid vaccine received the first full FDA approval last week, with Moderna's expected next. The official greenlight could boost vax confidence — and sales. President Biden wants Americans to get booster shots this fall. Meanwhile, more employers are using “sticks” instead of carrots: CVS, Chevron, and Disney mandated employee vaccination, and Delta is hiking health insurance premiums for unvaccinated workers. But some countries — many in Africa — are still waiting to get their first vaccines.

Equal and opposite rehack-tion... Google and Microsoft committed $30B to improve national cybersecurity at President Biden’s summit last week. This month, hackers stole sensitive data on 50M T-Mobile customers in a major cyberheist — the company’s third in two years. Global cybercrime losses skyrocketed to nearly $1T in 2020, and the cybersecurity market is expected to more than double between 2021 and 2028.