The 11th Hour Dispatch – Friday, April 27, 2018
If you are a cord cutter but you really miss those corny local news stories, you’re in luck. Hulu with Live TV now officially provides support for 593 local cable affiliates on top of 51 national cable channels, regional sports networks, and Hulu Originals. This has been a rapidly growing expansion space for Hulu. In August 2017, that local cable affiliate number was only 200. Despite this, the service still does not provide access to many large programming groups such as AMC Networks, Viacom, Starz, and Discovery (though channels from Discovery’s recently acquired Scripps Networks Interactive such as Food Network and HGTV are present), which could be hurting its chances at raking up a larger audience. Hulu has never announced how many Live TV subscribers it has, but it ended last year with more than 17 million paying subscribers overall.
I’m going to let the headline of this article speak for itself: “Apple, Amazon, Facebook, Alphabet, and Microsoft Are Collectively Worth More Than the Entire Economy of the United Kingdom“. If you’ve payed even a little attention to the markets this week, you know that Facebook, Microsoft, Amazon, and Alphabet all obliterated profit expectations (Amazon’s more than doubled), so this headline shouldn’t surprise you that much. But these facts might surprise you. Those five companies are the largest in the world based on market value. They’re collectively valued at $3.5 trillion. In 2017, the U.K.’s gross domestic product was only valued at $2.6 trillion. Oh, you want another fact. Here you go! There are only four nations in the entire world with economies larger than the combined value of these five powerhouses: the U.S., China, Japan, and Germany. And just to leave you with one final depressing fact, Apple makes more money in a day ($151 million) than around 2,500 average American households can expect in one whole year. *stressed smile*
WHAT GOES AROUND
The Bill and Melinda Gates Foundation is rolling out a $12 million fund in partnership with Lucy and Larry Page, the CEO of Alphabet, to help researchers working on a universal flu vaccine. It was just 100 years ago that the 1918 Spanish flu epidemic took the lives of 50 million people worldwide, 675,000 of which where in the first five weeks the illness hit the United States. Gates and experts estimate a pandemic outbreak of that scale today would kill around 30 million in six months. The Gates Foundation is already working on a universal vaccine in partnership with organizations such as the Icahn School of Medicine at Mount Sinai, GlaxoSmithKline, and PATH. However, major breakthroughs haven’t come out of this research so far, though clinical trials are expected from some of these organizations soon. Gates’ effort here is hardly the first of its kind, though its a major step for fighting influenza. Last year, global nonprofits and governments united to form the Coalition for Epidemic Preparedness Innovations, which has dedicated over $630 million to combatting other vaccine-less diseases Lassa fever, Nipah virus, and Middle East Respiratory Syndrome. Because the world is currently so overpopulated, it would be incredibly devastating if a pandemic of a fatal disease like a bad strain of the flu broke out, so it’s incredibly important that research such as this continues.
NOTHIN’ BUT ‘NET
Whole Foods has released a cheddar inspired by the new royal baby.