In April, new cases never topped 100,000 in one day, but since May 21, there have only been less than 100,000 on five days, according to data from Johns Hopkins University.
But many countries, particularly in South America, the Middle East and Africa, the rate of transmission still appears to be accelerating, according to a CNN analysis of Johns Hopkins University data.
Its case numbers are second only to the US, where just under 1.9 million cases have been reported and 108,211 deaths.
A number of countries that passed their initial peak -- such as South Korea, Germany and China -- have since seen new clusters of infections after restrictions on movement were eased, raising fears of a second wave.
Authorities in 214 countries and territories have reported about 6.6 million Covid-19 cases and 391,000 deaths since China reported its first cases to the WHO in December.
Over the last decade, billionaires like Powell Jobs have picked up prestige media outlets and won respect from those who saw these deals as a form of civic leadership and public service.
And what decisions these billionaires make will be telling about a larger trend: Have their purchases over the last few years been an expression of pure philanthropy — a charitable commitment that they expect to lose money on, or at least are prepared to — as they and their admirers have made them out to be, or are they a financial investment and therefore subject to the same cold, hard math that applies to businesses like Amazon or Salesforce?
When the Atlantic deal was announced in 2017, Powell Jobs called the publication “one of the country’s most important and enduring journalistic institutions,” and waxed eloquent about the publication’s 160-year history and ties to Ralph Waldo Emerson, after whom her philanthropy, Emerson Collective, is named.