May 23

American billionaires richer by $434 billion during the pandemic
America's billionaires saw their net worth jump by $434 billion during the COVID-19 pandemic, according to the group's analysis of Forbes data. Amazon Founder and CEO Jeff Bezos (USD 34.6 billion) and Facebook CEO Mark Zuckerberg (USD 25 billion) were the highest-earning billionaires in the report.
* The top five US billionaires - Jeff Bezos, Bill Gates, Mark Zuckerberg, Warren Buffett, and Oracle's Larry Ellison - saw their wealth grow by a total of $75.5 billion, or 19 percent, between March 18 and May 19.

May 22

Naomi Osaka tops as world's highest-earning female athlete
Japanese tennis star Naomi Osaka (22) has become the world's highest-paid female athlete, making USD 37.4 million (Rs. 284.15 crores) in the past 12 months for an earnings record, according to Forbes. Osaka, ranks 29th on the 2020 Forbes list of the world's 100 top-paid athletes.
* Serena Williams (38), had been the world's highest-paid female athlete in each of the past four years.
* Osaka, a two-time Grand Slam champion, edged US rival Serena Williams by USD 1.4 million in prize money and endorsement income over the past year.

May 19

Tripura scientist develops robot to take care of corona patients
A scientist of Tripura University has made a robot from scrap materials that can deliver food and medicines to COVID-19 patients.
* The 'COVID-19 Warbot', developed by Dr Harjit Nath, an assistant professor of the Chemical and Polymer Engineering department of the university, is regulated by a transmitter and a receiver taken out of a toy car and can work for 90 minutes on a full charge.
* The remote-controlled robot can carry 10-15 kilograms of materials, has an operational range of 15-20 metres.
Taiwan President Tsai Ing-wen sworn in for second term
Tsai Ing-wen took the oath for a second term as Taiwan's President. She represents the ruling Democratic Progressive Party.
* Former Premier Lai Ching-te was also sworn in as vice president.

May 18

Alibaba Founder Jack Ma resigns from SoftBank Board
Alibaba Co-founder Jack ma has stepped down from the board of Japanese conglomerate SoftBank Group after serving it for nearly 13 years, the company announced. He was joined SoftBank's board in 2007.
* In September 2018, Ma retired as Alibaba's executive chairman and started the Jack Ma Foundation.

US President Trump honours 10-year-old Indian-American girl
Sravya Annappareddy, a 10-year-old Indian-American girl, has been honoured by President Donald Trump for donating cookies to nurses and firefighters and sending personalised greeting cards to healthcare workers fighting COVID-19 pandemic in the US.
* Sravya is a Girl Scouts Troop member and a fourth-grade student at the Hanover Hills Elementary School in Maryland.

Kevin Mayer become the first CEO of TikTok
TikTok has named Kevin Mayer as their new CEO and Chief Operating Officer (COO) of ByteDance which is the owner of TikTok.
* Currently, Kevin Mayer is the Chairman of Disney's direct-to-consumer and international business. He leaves Disney to become CEO of TikTok.


May 16

Jeff Bezos could be world's first trillionaire by 2026
World's richest man, Amazon founder and CEO Jeff Bezos could potentially become the worlds first trillionaire as early as 2026, said the study by Comparisun.
* According to the research, Chinese real estate tycoon Xu Jiayin will become the second trillionaire in the world in 2027.
* Facebook founder Mark Zuckerberg could gain a trillionaire status by 2036. India's Mukesh Ambani could become a trillionaire in 2033. Alibaba's Jack Ma could become a trillionaire in 2030, said the study.
* For the study, Comparison analyzed the market capitalization of the 25 highest valued companies on the New York Stock Exchange according to Macrotrends, as well as the net worth of the richest 25 people in the world, according to Forbes, in both cases taking the last five years of data.