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Signal and Telegram downloads surge after WhatsApp says it will share data with Facebook

Downloads of privacy-focused messaging apps Signal and Telegram got a boost as users looked for alternatives to Facebook-owned WhatsApp.
The surge comes after WhatsApp updated its terms of service agreement that appears to give users little choice to opt out of sharing data with parent company Facebook.
Signal claims to have “state-of-the-art end-to-end encryption” as part of its service, which prevents messages from being read by those who are not the intended recipient.

China’s economic recovery from the coronavirus will lift its neighbors in Asia, says Invesco

Economies in Asia are set to benefit as China’s shows a strong rebound from the coronavirus pandemic, says Invesco’s David Chao.
In particular, the focus is on “whether the Chinese consumer can quickly return back to normalized activity,” Chao said.
Chao’s comments came after recent data showed China’s manufacturing activity expanded in September, pointing to a continued recovery for the world’s second-largest economy.

Lyft reports dramatic revenue drop of 61% but points to uptick in rides in July

Ride-hailing company Lyft reported results for the period ending June 30, 2020, its first full quarter during the Covid-19 pandemic.
The company just beat analysts’ expectations with losses per share of 86 cents (adjusted) and revenue of $339 million.
Wall Street was expecting losses of 99 cents per share (adj.) and revenue of $336.8 million for the quarter, according to a consensus of analysts surveyed by Refinitiv.

Beirut death toll rises to at least 135 as explosion is blamed on 2,750-ton ammonium nitrate stash

The explosion, which blew out windows and destroyed property for miles around, has been initially blamed on 2,750 tons of ammonium nitrate stored in an unsecured warehouse at Beirut’s cargo port.
But the government subsequently announced an investigation to determine within five days the exact cause of the explosion and “who was responsible.”
The immediate crisis in homelessness, health, overwhelmed medical services and destroyed property and businesses comes on top of an already crippled economy, the coronavirus pandemic and regional tensions.

A fiasco in the making? As the coronavirus pandemic takes hold, we are making decisions without reliable data

At a time when everyone needs better information, from disease modelers and governments to people quarantined or just social distancing, we lack reliable evidence on how many people have been infected with SARS-CoV-2 or who continue to become infected. Better information is needed to guide decisions and actions of monumental significance and to monitor their impact.