Beta Bytes: Week of November 21st
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Snippets of financial news calibrated to science, technology, and engineering companies as well as our client’s interests.
Moderna Announces COVID-19 Vaccine That is 94% Effective, Pfizer Announces 90% then 95% Efficacy
Both of these developed vaccines are mRNA based and if they win approval from the Food and Drug Administration, they will be the first-ever authorized vaccines that use mRNA.
Pfizer’s vaccine has to be kept at extremely cold temperatures: minus 70 degrees Celsius, while Moderna’s needs to be frozen at minus 20 Celsius.
The vaccines work by triggering the immune system to produce protective antibodies without using actual bits of the virus and work by being given in two separate doses.
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CFOs, CROs, sales and channel sales operations teams deal with revenue, margin and pricing uncertainty every day that slows down their sales efforts.
Salesforce announcing Revenue Cloud now shows the potential to help revenue and sales leaders get back in control of their channels, to free up their time while improving the buying experience across all digital channels.
This new product is likely to increase the competitive advantage of Salesforce and the businesses they serve, draw new customers and improve the loyalty of existing ones.
In collaboration with leading silicon partners AMD, Intel, and Qualcomm Technologies, Inc., Microsoft announced their new Pluton security processor earlier this week.
Microsoft Pluton is a security processor that is built directly into future CPUs that will replace the existing Trusted Platform Module (TPM), a chip that’s used to increase security of hardware and cryptographic keys.
The new chip Microsoft developed is designed to block new and emerging attack vectors that are used to compromise PCs.
Amazon’s Jeff Bezos gives Salk Institute $30 Million to Help Fight Climate Change
An ambitious effort by La Jolla’s Salk Institute to find ways to get plants to capture and store atmospheric carbon has received a $30 million boost from Amazon CEO Jeff Bezos as part his new $10 billion campaign to fight climate change.
The world’s richest man awarded the campaign’s first donations on Monday, giving $791 million to 16 institutions worldwide from a pool of money known as the Bezos Earth Fund.
The research is meant to be an alternative to taking carbon dioxide from fossil fuel power plants and placing it in a storage site so that the C02 doesn’t enter the atmosphere.
Are you interested in combatting climate change? Talk to one of our advisors about how investing in an ESG fund can help you allocate your wealth with your values.