Daily column – 4th August 2021

Vaccinating New York

New York City was the first major city in the United States to enforce vaccinations for indoor activities. All indoor facilities, including bars, gyms, Broadway performances, and Marie’s Crisis, which mixes all three, will need evidence of immunisation, according to Mayor Bill de Blasio.

Children under the age of 12 who do not yet have access to a nationally approved vaccination are exempt from the obligation.
Meanwhile, masks will not be needed indoors, since de Blasio believes they will discourage New Yorkers from obtaining the vaccination. This is in contrast to other places, including as San Francisco and New Orleans, which have reintroduced indoor mask laws.

In addition, many businesses have implemented vaccination policies.

Microsoft has joined the ranks of other Big Tech firms in demanding employees to get vaccinated before they can work in its premises.

Tyson, a meat producer in the United States, will mandate all of its 120,000 employees to get vaccinated. Tyson’s statement is notable since, until now, most vaccination regulations have only applied to corporate personnel, not front-line workers. Walmart exemplifies this difference by requiring only corporate employees to provide proof of immunisation.

Chinese Crackdown on Tech giants continues

Tencent, the publisher of Riot Games and the creator of Honor of Kings, the worlds leading game (in terms of revenue )n in 2019 and 2020, has become another victim of China’s digital crackdown.

On Tuesday, a state-owned publication said that gaming addiction was on the rise in China, calling it “opium for the mind.” The storey, which eventually removed the opium reference, stoked investor worries about possible regulation, sending Tencent’s stock down more than 10% yesterday. Tencent retaliated by prohibiting minors from making any in-game purchases and limiting children’s play time.

What’s at stake: The Chinese government has increased its monitoring of the country’s internet titans in recent months due to data security and monopolistic worries. According to Bloomberg, Chinese companies made up nine of the top ten market value losses in July.

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