SoftBank to buy back $41 billion in assets to trim debt By ELAINE KURTENBACH AP Business Writer BANKGOK (AP) — The Japanese technology and telecoms company SoftBank said Monday it plans to buy back up to 4.5 trillion yen ($41 billion) of its assets as it seeks to trim its gigantic debt burden. The company’s […]
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By The Associated Press undefined The rapid worldwide spread of the coronavirus since it was first revealed in China less than three months ago has dealt an unparalleled shock to the global economy. Following are weekend business developments related to the outbreak as governments attempt to stabilize their economies, companies navigate through an altered landscape, […]
By BARBARA ORTUTAY and DAVID KLEPPER Associated Press The coronavirus pandemic is leading to information overload for many people, often making it difficult to separate fact from fiction and rumor from deliberate efforts to mislead. Already, text messages predicting a nationwide lockdown have circulated, along with social media posts telling people that one way to […]
By TOM MURPHY AP Health Writer Got a worrisome rash? You can still see a doctor if you can’t leave home during the coronavirus outbreak. U.S. public health officials, hospitals and insurance companies are pushing people to try telemedicine for their allergies, earaches and other minor problems and skip the doctor’s office or clinic. It’s […]
By LYNN ELBER AP Television Writer LOS ANGELES (AP) — Netflix said Friday it is establishing a $100 million relief fund for workers in the worldwide creative community affected by the coronavirus-caused halt of most film and television production. “This community has supported Netflix through the good times, and we want to help them through […]
By BRIAN SLODYSKO, ALEXANDRA JAFFE and ZEKE MILLER Associated Press WASHINGTON (AP) — No more rallies. No more door-knocking. And no more in-person fundraisers, raking in dollars from dozens of millionaires at once. The coronavirus has disrupted American life, and the 2020 presidential campaign is no exception. Amid calls for social distancing to stop the […]
By LYNN ELBER AP Television Writer LOS ANGELES (AP) — Sports are on hold, theaters are closed and so are amusement parks, a disaster-movie scenario that has Hollywood reeling. But Americans held captive at home by the coronavirus can turn to Netflix, Amazon, Hulu and other streaming services, outliers in an entertainment industry brought to […]
In a statement issued earlier this year by MTN officials, MTN Group Ltd, Africa’s largest mobile network by subscribers has announced that its CEO and Group President, Rob Shuter will be stepping down from his position as CEO and president at the termination of his fixed four-year contract in March 2021. Under the leadership of […]
NEW YORK (AP) — Apple’s new iPad brings PC-like trackpad capabilities for the first time, as the company seeks to make its tablet even more like a laptop computer. Apple says the trackpad will offer more precision than fingers in selecting text and switching between apps. Older iPads will also be able to get trackpad […]
By TALI ARBEL AP Technology Writer The technology that animated movies like “Toy Story” and enabled a variety of special effects is the focus of this year’s Turing Award, the technology industry’s version of the Nobel Prize. Patrick Hanrahan and Edwin Catmull won the prize for their contributions to 3-D computer graphics used in movies […]