News Roundup 11/18/20
Foreign enrollments at colleges decrease due to COVID-19
During 2020, fewer international students enroll at American colleges and universities due to COVID-19; this could lead to trouble for higher education institutions' financial health. During the fall semester, American institutions saw a 16% decline in international students either on campuses or online. In 2019, international students contributed approximately $44 billion to the U.S. economy in school tuition and other spendings.
Source: CBS News
A new agreement between Cinemark and Universal
Cinemark Theatres and Universal have reached an agreement to allow early home video releases in collaboration. The terms of the deal consist of all Universal's film staying in theaters exclusively for 17 days after their premiere eventually becomes available on-demand services. Universal will release the movies on digital platforms for a digital rental of $19.99, and Cinemark will receive a share from it. Cinemark Chief Executive Mark Zoradi said, however, discussions with studios had been happening before the pandemic, though the theater closures certainly accelerated them.
Source: LA Times
How is the USMNT going to be at the World Cup 2022?
The United States men's national team has many youth players expected to be at the 2022 FIFA World Cup. Some of the names that recently appeared are the 17-year-olds Yunus Musah and Giovani Reyna. They join players who are in the big leagues of Europe like Christian Pulisic (22), Sergino Dest (20), Tyler Adams (21) and Weston McKennie (22). The future for the USMNT looks good if the head coach Gregg Berhalter takes advantage of this new generation.
Source: ESPN
TikTok gained more time to get a deal to continue operating in the United States
Although President Trump signed an executive order in Aug. requiring that TikTok company sell any asset that allowed it to operate in the United States by Thursday 12th, the deadline was extended 15 days until November 27th. ByteDance has offered to sell stakes in TikTok to Oracle and Walmart. Under the deal, they would supervise TikTok's data to mitigate concerns that the app could feed customer information. The Trump administration believes that TikTok's Chinese ownership means the app could send back data to Beijing. TikTok has denied that its app poses any security threat to Americans, noting that many of its investors are American and that its customer data is not stored in China.
Source: The New York Times
New COVID-19 restrictions for California
Coronavirus cases have rised more than they did in the summer and as a result, California Gov. Gavin Newsom's plans will halt reopening plans. They will put almost all of the state back under the strictest set of rules that halt indoor worship, force most indoor business to close or operate at a fraction of their capacity and keep most schools closed.
“People might feel like these are draconian. But ultimately, you have to remember what they’re trying to do,” Newsom said. “We can’t give everybody a drug right now. We can’t give everybody a vaccine right now.”
Source: ABC News