Kopi With YP: Your Minimalist Morning Briefing, 2 Mar

Get up to speed and stay smart with the latest business, tech, and local news in under 2 minutes.

Business

Trump does something right this time. The Dow recorded an all-time high, with an advancement of 300 points after Trump’s speech on Tuesday that came with positive undertones. Goldman Sachs contributed to the biggest part of the pie, closing above 21,000 for the first time.

No bonus this year for Mayer. Ex-Yahoo CEO, Marissa Mayer ain’t getting her monetary incentives—both her annual equity grant and bonus this year after the 2 notorious hacking debacle last year which led to the lowered sales of Yahoo to Verizon.

World

#Oprah2020? Previously, Oprah Winfrey didn’t think she had the experience. But after Trump’s presidency, Oprah thought she might have a go at it. We’d say she definitely has higher odds of winning if she ran against Trump.

UK’s expats will start to feel the nerves. UK’s government was defeated by 358 to 256 on the bill to defend foreign workers’ citizenship from EU in UK. This is first Brexit Parliamentary obstacle for the government.

Local

Heightened threats come tightened security. A new Infrastructure Protection Bill will be enacted to harden laws in Singapore. Some of which includes an anti-terror police force and significant increase in CCTV coverage.

Remember that water is still being imported and that it is “existential” — said Chan Chun Sing. The price hike is reflective of the scarcity of water in Singapore. Comforting words, indeed.

Tech

Finally, Snap is going public. After weeks of speculations and questions on Snap Inc.’s value, their IPO deal is finally closing on $17 per share —- a total valuation of $14 billion.

Snapchat’s jumping on the 360 camera bandwagon. Other than Snap spectacles, Snap Inc. might launching their own 360 camera. We’re hoping their quirky filters will be included as well!

Rising from the ashes as Intel is set to secure its position in the mobile-tech industry once more with the introduction of 5G. This would allow them to build early chipsets.

Another iPhone even before iPhone 8 release? According to ABS-CBN, Apple will launch its RED coloured iPhone 7 even before the long-awaited 8. Now we’re talking.