Search results for "stock"

As shoppers stay away, small stores seek refuge online

NEW YORK (AP) — For small retailers across the country, the coronavirus outbreak has turned an already challenging business environment into never-ending uncertainty. Amy Witt might have 20 customers on a good day in her Dallas women’s clothing store, and then none the next. “It’s a rollercoaster we ride every day,” says Witt, whose store, […]

Apple reaches $2 trillion market value as tech fortunes soar

BERKELEY, Calif. (AP) — Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital services are like instruments orchestrating people’s lives. The iPhone maker reached the $2 trillion milestone in Wednesday’s early stock market trading when […]

China’s COVID-19 vaccine candidate just received a patent

One of China’s COVID-19 vaccine candidates now in late-stage development, named Ad5-nCoV, just received a patent by the country’s authorities. The vaccine candidate “is safe and induces an immune response,” China Global Television Network (CGTN) said on their Twitter page. The vaccine is a recombinant adenovirus inactivity vaccine co-developed by CanSino, led by Chinese military […]

The most discussed tech-related topics during covid-19

The pandemic has profoundly shifted the way we live our lives and the way we look to the future. It has also dramatically changed what we discuss, what we want to know, and what we choose to write about. An analysis by the Boston Consulting Group has revealed major shifts in tech-related topics during covid-19. […]

In a first, Airbnb takes action against guest for party

For the first time, Airbnb is taking legal action against a guest for violating its ban on unauthorized parties. The San Francisco-based home sharing company said Wednesday it is initiating legal proceedings against a guest who held an unauthorized party at a home in Sacramento County, California, last weekend. Three people were shot and wounded […]

COVID-19 and the impact on technology markets

As the current pandemic continues, COVID-19 and the impact on technology is becoming ever-more noticeable. The impact has already started with major brands such as Apple and Nissan reporting knock-on effects caused by production and supply chain dependency in China. Understanding when the outbreak can be brought under control will help determine the severity of […]

Google unveils budget Pixel phone as pandemic curbs spending

SAN RAMON, Calif. (AP) — Google has started selling a long-delayed budget smartphone boasting the same high-quality camera and several other features available in fancier Pixel models that cost hundreds of dollars more. The Pixel 4a unveiled Monday will be available Aug. 20 after months of delay caused by supply problems triggered by the pandemic. […]

Software giant SAP to spin off Qualtrics and take it public

NEW YORK (AP) — SAP says it plans to spin off Qualtrics and take it public less than two years after acquiring the survey-software provider. SAP said Sunday it will retain majority ownership of Qualtrics’ shares. The German software giant announced in November 2018 that it agreed to pay $8 billion cash for Qualtrics, just […]

Coronavirus impact saps AT&T in 2Q; hit to WarnerMedia

The coronavirus sapped $2.8 billion in revenue from AT&T in its most recent quarter, mostly in its WarnerMedia TV and film division. Its satellite TV business, DirecTV, continued to bleed customers. “I expect we’re going to be dealing with some of these economic challenges in the COVID environment as we move forward here,” said AT&T […]