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, […]
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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 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 […]
After almost ten years of investigation, Apple and two of its wholesale distribution partners have been fined a total $1.24 Billion. Apple will pay a record $1.1 Billion – now, the highest fine ever, issued by the French Competition Authority. Tech Data will have to pay €76,107,989, and Ingram Micro €62,972,668. The companies have been […]
In the midst of the coronavirus outbreak, Kenya’s telco Safaricom proposes a solution that could potentially decrease the rapid spread of the virus. The measures adopted by Safaricom are fairly simple. For the next 90 days, Safaricom will waiver transaction fees, as well as increase the daily limit for transactions. In the coming three months, […]
By The Associated Press undefined Apple said its annual developers conference would take place entirely online this year, joining a growing list of companies that are canceling big, in-person events as the coronavirus spreads. Thousands of engineers and customers attend the Worldwide Developers Conference, or WWDC, which is in its 31st year. Apple said it […]
While the UK’s tech sector shows considerable potential, the challenge it faces, relates back to the issue of cost and connectivity. Until now, the UK’s tech companies have made substantial progress with recent reports showing, that the progress is not just limited to London. Manchester, Leeds, Birmingham, Bristol, as well as Oxford and Cambridge, are […]
As the Coronavirus outbreak worsens in China, the government have introduced more stringent measures in an attempt to manage the fast-moving infection. The chosen route? Fight biohazard with big data. New technology has been deployed to contain the disruption caused by the virus. From drones with thermal cameras, smart helmets, to disinfecting robots, and even […]
By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Boris Johnson’s Conservative government narrowly defeated an attempt led by some of its own lawmakers to ban China’s Huawei from building part of the U.K.’s high-speed telecommunications network. Three dozen Conservative lawmakers backed a call to bar “high risk” firms such as Huawei from […]