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Zoom posts big quarter even as subscriber growth slows

Zoom posts big quarter even as subscriber growth slows

Technology
Zoom’s astronomical growth is tapering off along with the pandemicBy MICHAEL LIEDTKE AP Technology WriterMarch 1, 2021, 11:51 PM• 4 min readShare to FacebookShare to TwitterEmail this articleSAN RAMON, Calif. -- Zoom’s astronomical growth is tapering off along with the pandemic, raising questions about whether the videoconferencing service’s immense popularity will fade as more people return to classrooms, offices and other places that have been off limits for the past year.The deceleration emerged in an otherwise impressive quarterly earnings report released Monday. The stellar results capped a year in which Zoom’s name became synonymous with the way millions of people have been forced to gather in online video panels while being corralled at home.Although Zoom continued to enjoy robust g

Why you should stay the course in the stock market, even amid the GameStop trading frenzy

Finance
Tiffany Hagler-Geard | Bloomberg | Getty ImagesGameStop, AMC Entertainment, BlackBerry, Dogecoin and silver – all have been subject to epic rallies and falls in recent days, spurred by droves of retail investors driving up prices and then selling.While it may be tempting to pile into an asset that's seen such rapid growth, financial experts say it's best to invest for the long-term."A lot of the investors are just jumping in because of FOMO [fear of missing out]," said Yanely Espinal, director of educational outreach at Next Gen Personal Finance. It's important for investors to be aware of the cognitive biases they may have to recognize when they're being influenced by social media herd mentality, Espinal added.Speculating vs. investingSeveral stocks, including GameStop, AMC and Blac
Apple figures out how Face ID can work even if you’re wearing a mask

Apple figures out how Face ID can work even if you’re wearing a mask

Technology
The newest update to Apple's iOS includes a feature allowing mask wearers to unlock their phones, despite the barrier the masks pose to Face ID.Face ID allows iPhone users to unlock their device simply by holding it up to their faces - but the COVID-19 pandemic has meant people's faces are obscured most of the day. Many iPhone users are finding this means they need to laboriously enter their passcodes every time they want to use their phone, potentially hundreds of times a day. Image: The workaround only works for people wearing an Apple Watch. Pic: Apple Fortunately, Apple is now trialling a workaround in the beta testing of iOS 14.5 which began rolling out to developers on Monday, as spotted by gadget reviews site Pocket Lint.Unfort...
OECD: Lockdowns here to stay, even with vaccine plan

OECD: Lockdowns here to stay, even with vaccine plan

Business
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Even without a stimulus deal, the Fed, which held interest rates near zero, can help everyday Americans. Here’s how

Finance
Although a second stimulus plan is still up in the air, the Federal Reserve is determined to push consumer borrowing costs even lower as the economic recovery takes hold — giving everyday Americans a reason to be optimistic.In addition to holding interest rates near zero, Fed Chairman Jerome Powell said Wednesday the central bank will continue to increase its bond holdings to preserve the flow of credit until the economy gets back to full employment."Vaccines do increase the likelihood for a rapid snapback in economic activity, but we have to get from here to there first," said Greg McBride, chief financial analyst at Bankrate.com.For now, the Treasury has clipped the Fed's wings by declining to extend some of its emergency programs and instead diverting the funds to fiscal stimu