The Attack On The American Dream May Destroy The Economy

The 2020 visa suspension has vehemently added to the dozens of telling systematic changes that took effect in America over the last four years, part of an ongoing battle to change the American ethos around immigration and mitigate its importance to the growth and prosperity of the country.

Ran Harnevo, CEO of Homeis, is a technology entrepreneur and an immigrant himself, whose company represents those who often are not. Homeis offers an in-app community for immigrants and a safe space for users to ask about anything from visas to health care. Over the past few months, the platform has transformed into a digital COVID-19 and visa resource center that houses the most up-to-date, accurate info about how the pandemic uniquely impacts immigrants’ specific circumstances and visa status in the U.S. In fact, the visa’s suspension was the single most trafficked day on the Homeis app since the launch of the platform in 2017, witnessing upwards of 300 percent in traffic spikes. 

Did COVID-19 steal your sales? This is how 9 Latin American startups successfully entered e-commerce


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This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

Opinions expressed by Entrepreneur contributors are their own.


Technological innovation and process optimization are booming. Changes and restrictions in physical interaction since the pandemic have forced companies to change the way they operate and do business, the recent McKinsey & Company survey “What 800 executives envision for the postpandemic workface ” conducted of executives of companies around the world, shows that a third of companies have accelerated the digitization of their supply chains, half have accelerated the digitization of their customer service channels, and two-thirds have more quickly adopted artificial intelligence and automation.

Undoubtedly, the pandemic has shown us that the digitization of companies of any size is necessary and that being prepared and being able to adapt quickly is essential. There has been an important evolution in consumer habits and in the adoption of purchasing through digital media, as mentioned in the eMarketer report, Latin America Ecommerce 2020 ( How COVID-19 will affect growth and sales in Argentina , Brazil and Mexico ), the region will have 191.7 million digital buyers and more than 10.8 million consumers will make a digital purchase for the first time this year.

In the region there are startups that are helping this entire process, standing out for presenting relevant innovations for sales processes, for promoting the digital transformation of companies through disruptive solutions that help them automate logistics and delivery processes, to increase productivity, for promoting customer loyalty and for allowing correct decision-making with the use of Big Data .

Here are some examples of these solutions, and the name of the startups that lead these changes, promoted by and belonging to Wayra , the Venture Capital of Telefónica

Elon Musk’s space internet gives Native American tribe access to high-speed broadband for first time

A remote Native American tribe is among the first users of Elon Musk’s Starlink space internet project after it connected to SpaceX’s constellation of satellites.



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The Hoh Tribe in Washington State said Starlink’s high-speed broadband enabled remote learning and telehealth appointments during the coronavirus pandemic for the first time. 

“We’re very remote. The last eight years I felt like we’ve been paddling up river with a spoon and almost getting nowhere with getting internet to the reservation,” said Melvinjohn Ashue, vice chairman of the Hoh Tribe.

“It seemed like out of nowhere, SpaceX came up and just catapulted us into the 21st century.”

There are currently around 800 Starlink satellites in low-Earth orbit, offering internet connectivity to northern areas of the US and Canada. SpaceX eventually plans to launch tens of thousands more satellites to provide “near global coverage of the populated world by 2021”.

The Hoh Tribe were introduced to Starlink through the Washington State Department of Commerce, which sits within the current reach of the Starlink network.

It is one of several early testers of Starlink , with emergency responders in Washington State also recently using the network to set up a WiFi hotspot for residents of Malden after 80 per cent of the town was destroyed by wildfires.

The Hoh Tribe revealed that internet speeds prior to  Starlink ranged from between 0.3 and 0.7 megabits per second (Mbps) – a long way off the 100Mbps advertised by SpaceX.

Responding to a tweet from the

American Well Climbs – What Wall Street Is Saying

American Well AMWL shares jumped on Monday after coverage of the stock was initiated by a number of analysts four weeks following the Boston telehealth company’s debut on the New York Stock Exchange. 

Amwell shares were trading at $34.29, up 5%, at last check. Here’s what Wall Street is saying:

Morgan Stanley analyst Ricky Goldwasser initiated coverage of the stock with an equal weight rating and $35 price target, saying the company’s telehealth platform is poised to gain share within a “large and expanding” market.

UBS’s Kevin Caliendo initiated coverage of Amwell with a neutral rating and $29 price target. 

Caliendo says the neutral rating reflects the stock’s 81% climb since its IPO in mid-September. But the company has the potential to accelerate its growth above the estimated 27% revenue growth excluding acquisitions that Caliendo anticipates. 

Goldman Sachs initiated coverage of Amwell with a neutral rating and $31 price target. 

Analyst Robert Jones says American Well “is a leading telehealth vendor with a diversified customer base and a clear runway for recurring 20%-plus revenue growth, gross-margin expansion and representing one of the most top-of-mind themes in health care,” according to Bloomberg. 

Cowen’s Charles Rhyee initiated coverage of Amwell with an outperform rating and $41 price target, which is a 30-times multiple to his 2022 sales estimate of $333 million. 

“Telehealth is currently one of the biggest themes in health care, and … AMWL should benefit from its focus on providers, who we see being a key driver in the next leg of growth in telehealth,” Rhyee said, according to Bloomberg. 

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SpaceX Starlink Internet ‘Catapulted Us Into the 21st Century,’ Native American Tribe Says

A Native American tribe in a remote part of Washington has been “catapulted into the 21st century” after getting SpaceX’s Starlink internet.

SpaceX Is Trying To Launch 60 Starlink Internet Satellites Into Space

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The Hoh Tribe, which is based on the Pacific coast, roughly 23 miles south of the town of Forks, said on Twitter this week it was now receiving a high-speed connection from the constellation of satellites blasted into orbit by Elon Musk’s company.

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“What a difference high-speed internet can make. Our children can participate in remote learning, residents can access healthcare. We felt like we’d been paddling up-river with a spoon… SpaceX Starlink made it happen overnight,” it tweeted Wednesday.

Starlink is an ongoing SpaceX project creating a global network of satellites capable of beaming broadband internet to areas with unreliable or unavailable access.

Earlier this week, as the company shot 60 more satellites into space onboard a Falcon 9 rocket, Musk teased tests in the U.S. and Canada were closer than ever. The company said “near-global coverage of the populated world” could be reached by 2021.

While not for the wider public, some trials have begun. Responding to the Hoh tribe’s tweet this week, the billionaire SpaceX boss wrote back: “You’re most welcome!”

It remains unclear what speed the tribe was now receiving from Starlink, but it revealed in a separate tweet that its previous capacity had been between 0.3 and 0.7 megabits per second (Mbps). For context, SpaceX has previously said its Starlink tests showed “super low latency and download speeds greater than 100 Mbps,” which is enough to “stream multiple HD movies at once and still have bandwidth to spare.”

The director of the Washington Department of