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Buying.com: Network Effects That Govern the BUY Token MAHWAH, NJ / ACCESSWIRE / April 20, 2021 / According to Wikipedia, Metcalfe s law states that the value of a telecommunications network is proportional to the square of the number of connected users of the system (n 2). This law was initially linked to the usage of phones. For instance, if there were only 1 phone user in the telecommunications sphere, it was useless as there would be no one to call. With 2 phone users, each party had at least one person to talk to. In this manner, if the number of users in the ecosystem increased, it increased the number of transactions. The same laws govern the social media markets, so much so that the valuation of companies in that space is directly correlated to the number of users in the network. ....
Stop panic buying of Remdesivir, Amit Shah appeals to people The number of active Covid-19 cases in the country moved closer to the highest-ever 20-lakh mark with a record 2,73,810 people testing positive for the novel coronavirus in the last 24 hours, according to data released by Health Ministry on Monday. Maharashtra with 68,631 cases, Uttar Pradesh with 30,566 and Delhi with 25,462 cases are the States that reported the highest number of daily cases since Sunday morning. There are seven other States Karnataka (19,061), Kerala (18,257), Chhattisgarh (12,341), Madhya Pradesh (12,245), Tamil Nadu (10,723), Gujarat (10,340) and Rajasthan (10,262) that reported more than 10,000 daily cases in the last 24 hours. During the same period, a total of 12.30 lakh vaccinations were carried out across the country, taking the total number of vaccinations since the beginning of the inoculation drive on January 16 close to 12.39 crore. ....