Recovery’s Real Risk | Texas’ Power Struggle | Facial Recognition Is In The Air

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Fears of stimulus-driven inflation are roaring back, but according to Moody’s there is a more pressing threat. We also look into the massive power outage in Texas and at how the next generation of drones could recognize you in a crowd.

In The News Today

The South African government is reportedly trying to return the one million doses of the AstraZeneca-Oxford Covid-19 vaccines it was sent in early February.

At least three people were killed and 10 others were injured by a tornado that hit North Carolina’s Brunswick County, adding to the adverse weather events across the U.S.

Top Take-Aways

President Joe Biden's economic agenda has stirred up fears it could bring inflation but those concerns are "much too premature," according to Moody’s, who point to ballooning asset prices as the biggest threat to the recovery.

Millions of people in Texas are without power after extreme cold weather caused a spike in electricity demand while supply sources froze. For some, the events feel like a déjà vu of 2011's blackouts, putting complex, chronic issues at the heart of the Lone Star state’s electricity grid under the spotlight.

iMessages are one of the most secure ways to text thanks to Apple's end-to-end encryption but a recent search warrant shows how automatic backups to iCloud are an iOS weak spot.

Israeli startup AnyVision has patented technologies for drone-based facial recognition. While the Tel Aviv-based startup, previously funded by Microsoft, has yet to produce such a device, the technology’s deployment is just a matter of time.

Jaguar announced plans to become a fully electric car brand within five years, while its Land Rover stablemate will have six EV models by 2025, a commitment that follows similar announcements from Volkswagen Group-owned Bentley and BMW Group-owned Rolls-Royce.

Days after releasing an ad featuring the Boss during the Super Bowl, Jeep has had to pull the commercial due to news of Bruce Springsteen’s November arrest on DUI charges. Here are some steps business executives can take to help protect their brands from a crisis.

Another Super Bowl ad that got a lot of attention was the Will Farrell-led GM commercial about Norway beating the U.S. as the world's biggest per-capita market for electric vehicles—but working parents have even bigger reasons to envy the Scandinavian country.

Correction: Yesterday’s edition of the Daily Dozen referred to Auckland as New Zealand’s capital. It is instead the country’s biggest city, and Wellington is the capital.

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A home in Palm Beach, Florida has sold for $132 million, making it the second highest-priced single-family home on record for the U.S. It ranks just behind the $165 million purchase by Jeff Bezos of David Geffen’s former Beverly Hills estate in 2020.

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