(Reuters) – Tesla Inc (TSLA.O) told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut down of its U.S. production facilities because of the coronavirus outbreak. FILE PHOTO: A view of Tesla Inc’s U.S. vehicle factory in Fremont, California, U.S., March 18, 2020. REUTERS/Shannon Stapleton/File Photo Tesla said
Technology
(Reuters) – Amazon.com Inc will suspend a delivery service that aims to compete with UPS and FedEx in the United States. FILE PHOTO: Signage is seen at an Amazon facility in Bethpage on Long Island in New York, U.S., March 17, 2020. REUTERS/Andrew Kelly The online retailer told customers that the service, Amazon Shipping, will
FILE PHOTO: The unmanned delivery vehicle, Nuro, is seen during the Kroger annual shareholders meeting in Cincinnati, Ohio, U.S., June 28, 2018. Courtesy of Kroger/Handout via REUTERS (Reuters) – California’s Department of Motor Vehicles on Tuesday authorized autonomous technology startup Nuro to test two driverless delivery vehicles in nine cities, a decision that comes as
BEIJING / HONG KONG (Reuters) – Luckin Coffee’s app has rocketed to become the second most popular in China as consumers rushed to claim a free drink that it has long offered for downloading, worried the chain might collapse after it said much of its sales last year were fabricated. FILE PHOTO: A cup of
SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs. FILE PHOTO: The logo of Samsung Electronics is seen at its store in
SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) said on Tuesday its first-quarter operating profit likely rose 3% from a year earlier, slightly beating analysts’ forecasts as chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs. FILE PHOTO: The logo of Samsung Electronics is seen at its store in Seoul,
(Reuters) – Uber Technologies Inc (UBER.N) said on Monday its app will list job openings in the delivery, food production and grocery industry that its U.S. drivers can access during a slump in ride-hailing demand due to the coronavirus. FILE PHOTO: An Uber sticker is seen on driver Margaret Bordelon’s car in Lafayette, Louisiana, U.S.
DUBAI (Reuters) – United Arab Emirates agriculture technology start-up Pure Harvest Smart Farms has raised $20.6 million in fresh funding and secured commitments for a further $100 million, it said on Monday. Wafra International, an investment firm owned by the Kuwait state pension agency, is investing $10 million of the new funding, and committing $100
NEW YORK (Reuters) – Engineers at Tesla Inc (TSLA.O) showed a prototype for a ventilator on Sunday evening in a video published on the company’s YouTube channel, as hospitals around the country overwhelmed by coronavirus patients face device shortages. FILE PHOTO: The view of Tesla Inc’s U.S. vehicle factory which was open for business on
FILE PHOTO: The Zoom Video Communications logo is pictured at the NASDAQ MarketSite in New York, New York, U.S., April 18, 2019. REUTERS/Carlo Allegri/File Photo (Reuters) – At least two U.S. state attorneys have sought information from Zoom Video Communications Inc following multiple reports that questioned the privacy and security of the video-conferencing app. Zoom’s
WASHINGTON (Reuters) – Three voice over internet providers may lose access to the U.S. telecom network if they do not stop allowing their service to be used by robocallers touting coronavirus and other scams, the Federal Trade Commission and Federal Communications Commission said on Friday. The VOIP companies concerned are SIPJoin, Connexum and VoIP Terminator/BLMarketing,
LONDON (Reuters) – A conspiracy theory that links 5G mobile telecommunications masts to the spread of the novel coronavirus is dangerous fake news and completely false, Britain said on Saturday after masts in several parts of the country were torched. Pedestrians walk past an advertisement promoting the 5G data network at a mobile phone store
(Reuters) – Amazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of infection at its warehouses, according to internal meeting notes seen by Reuters. The chief executives of Abbott Laboratories and Thermo Fisher Scientific Inc have told Amazon
(Reuters) – Amazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of infection at its warehouses, according to internal meeting notes seen by Reuters. FILE PHOTO: A worker in a face mask walks by trucks parked at an
FILE PHOTO: The view of Tesla Inc’s U.S. vehicle factory which was open for business on March 18, despite an order by the Alameda county’s sheriff’s office to comply with a three-week lockdown in the San Francisco Bay Area, in order to rein in the spread of coronavirus disease (COVID), in Fremont, California, U.S., March
(Reuters) – Amazon.com Inc (AMZN.O) is postponing its major summer shopping event, Prime Day, until at least August and expects a potential $100 million hit from excess devices it might now sell at a discount, according to internal meeting notes seen by Reuters. FILE PHOTO: Amazon packages are pushed onto ramps leading to delivery trucks
SEOUL (Reuters) – South Korea is struggling to retain its lead in global next-generation 5G telecom services, as the coronavirus pandemic further cools sentiment of consumers whose interest in the technology has waned due to cost and quality concerns. FILE PHOTO: TM Roh, president & head of mobile communications business of Samsung Electronics, unveils the
OAKLAND, California (Reuters) – Alphabet Inc’s Google has published charts showing how the coronavirus has brought hard-hit Italy to a standstill, led to runs on grocery stores around the world and prompted a stark drop in going-out between Mardi Gras and St. Patrick’s Day. FILE PHOTO: The logo of Google is seen in Davos, Switzerland
(Reuters) – Amazon.com Inc’s (AMZN.O) general counsel on Thursday said his emotions clouded his judgment when he wrote meeting notes in which he allegedly outlined a public relations strategy against a protest organizer and questioned the employee’s intelligence. Amazon declined to confirm the authenticity of the notes, which Vice News reported were from a daily
SAN FRANCISCO (Reuters) – Infectious disease researchers are using Facebook Inc mobile location data to provide daily updates to U.S. cities and states evaluating the effectiveness of social distancing orders aimed at slowing the novel coronavirus. FILE PHOTO: A 3D-printed Facebook logo is seen placed on a keyboard in this illustration taken March 25, 2020.
FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson (Reuters) – Netflix Inc led rivals YouTube, Amazon Prime and Disney+ with over 59 million installs in the first quarter of 2020, but more time was spent on YouTube’s Kids service as usage boomed
(Reuters) – Elon Musk’s rocket company SpaceX has banned its employees from using video conferencing app Zoom, citing “significant privacy and security concerns,” according to a memo seen by Reuters, days after U.S. law enforcement warned users about the security of the popular app. FILE PHOTO: The Zoom Video Communications logo is pictured at the
NEW YORK/WASHINGTON (Reuters) – The Trump administration is tightening rules to prevent China from obtaining advanced U.S. technology for commercial purposes and then diverting it to military use, several sources told Reuters. FILE PHOTO: A Chinese government worker adjusts the U.S. and Chinese national flags before a news conference at the Great Hall of the
(Reuters) – Zoom Video Communications Inc’s (ZM.O) average mobile user numbers in March were nearly three times that of its nearest rival Microsoft Corp’s (MSFT.O) Teams, according to research firm Apptopia, as the cornonavirus-driven stay-at-home lifted demand for video conferencing applications. K’waun Conquest (L) and Parris Bender organize students before a live virtual lesson over
BERLIN (Reuters) – European scientists and technologists said on Wednesday they will launch a joint initiative to support the deployment of digital applications in the fight against coronavirus while complying with the region’s tough privacy laws. The Pan-European Privacy Preserving Proximity Tracing (PEPP-PT) brings together 130 researchers from eight countries to develop applications that can
FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato TOKYO (Reuters) – SoftBank Group Corp said on Wednesday it has appointed former Goldman Sachs banker Taiichi Hoshino as head of a new investment planning department, as the group increases oversight
FILE PHOTO: The company logo for Xerox is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid – RC15DA6446E0/File Photo (Reuters) – Xerox Holdings Corp (XRX.N) decided on Tuesday to abandon its $35 billion hostile cash-and-stock bid for HP Inc (HPQ.N)
SHANGHAI (Reuters) – Chinese smartphone maker Xiaomi Corp is seeing signs of a sales recovery in China, it said on Tuesday, as the country starts to return to normal following the coronavirus lockdown. FILE PHOTO: A person checks out the Xiaomi Mi 9 mobile phone ahead of the Mobile World Congress (MWC 19) in Barcelona,
FILE PHOTO: The logo of free messaging app Line is pictured on a smartphone in this photo illustration taken in Tokyo, Japan September 23, 2014. REUTERS/Toru Hanai TOKYO (Reuters) – A survey of Line Corp’s chat app users in Tokyo and neighboring prefectures in partnership with Japan’s health ministry found 7.1% of respondents in the
BOSTON (Reuters) – Activist investor Starboard Value LP has built a stake in U.S. data protection and data management software company Commvault, saying in a regulatory filing that it felt the shares were undervalued when it purchased them. FILE PHOTO: Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc., speaks
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