Coronavirus potentially impacting 5G deployment, says Omdia
The coronavirus is spreading through global technology supply chains, impacting diverse and interconnected sectors of the electronics industry. With the epidemic arriving at dawn of 5G's mainstream deployment phase, the co.....»»
Airbnb to lay off 1,900 employees: sources
Airbnb Inc is laying off 25% of its workforce due to the coronavirus pandemic, impacting nearly 1,900 employees of the home rental startup, two sources familiar with the matter told Reuters......»»
Semiconductor market to drop 5% in 2020, says Omdia
The coronavirus crisis will undercut growth in the global semiconductor business in 2020, with the looming threat of global recession prompting Omdia to slash its market forecast despite soaring demand for chips from the medical sector......»»
Fed officials worry about lasting economic scars from crisis
After rolling out trillions of dollars in support for the U.S. economy during the coronavirus pandemic, Federal Reserve officials have begun warning of potentially lasting scars to the workforce and productivity if the recovery is not handled well......»»
Amazon will spend $4 billion or more on coronavirus response, potentially wiping out Q2 profit
Amazon.com Inc. topped $75 billion in sales in the first quarter as COVID-19 swept across the globe, but profit declined and the company said Thursday that it might lose money in the current period as it spends to keep up with demand......»»
Amazon will spend $4 billion or more on coronavirus response, potentially wiping out profit
Amazon.com Inc. topped $75 billion in sales in the first quarter as COVID-19 swept across the globe, but profit declined and the company said Thursday that it might lose money in the current period as it spends to keep up with demand......»»
How the coronavirus pandemic is impacting buzzy startups, from Rent the Runway to Peloton
Kelly Sullivan/Getty Funding was already drying up for some Silicon Valley sta.....»»
Gilead Sciences reports positive drug results for remdesivir as coronavirus treatment
Gilead Sciences on Wednesday reported potentially encouraging results from a trial for a drug that's being tested as a treatment for t.....»»
Home prices were gaining serious strength just before coronavirus, up 4.2% annually, Case-Shiller says
Home prices were not only gaining in February, the gains were increasing steadily. The expectation, however, is that price gains will weaken and potentially fall in some of the markets hardest hit by the coronavirus......»»
Airbus warns staff on jobs with its "survival at stake"
European planemaker Airbus issued a bleak assessment of the impact of the coronavirus crisis, telling the company’s 135,000 employees to brace for potentially deeper job cuts and warning its survival is at stake without immediate action......»»
Airbus warns staff on jobs with its "survival at stake"
European planemaker Airbus issued a bleak assessment of the impact of the coronavirus crisis, telling the company's 135,000 employees to brace for potentially deeper job cuts and warning its survival is at stake without immediate action......»»
Airbus survival at stake without immediate action: CEO memo
Airbus Chief Executive Guillaume Faury has told the European planemaker's 135,000 staff to brace for potentially deeper job cuts after warning its survival is at stake without immediate action to save cash amid the coronavirus crisis......»»
A coronavirus patient thought he was recovering. Then, doctors found blood clots in his lungs — a new and potentially deadly complication of the virus.
Michael Reagan Doctors are finding blood clots in the lungs, heart, and kidneys of coronavirus patients, some of whom are critically ill and others who seem relatively stable. Blood clots can travel and create blocka.....»»
Key Words: Mark Zuckerberg says Facebook can help defeat the coronavirus
The billionaire tech mogul touts his company’s role in potentially navigating the world through the pandemic......»»
We spoke with AT&T"s SVP of Advanced Solutions on how the coronavirus is impacting healthcare IoT — and what the new normal will look like
This interview was delivered to Business Insider Intelligence Connec.....»»
Why Amazon Is Trading Down Friday
Amazon.com, Inc. (NASDAQ: AMZN) shares were trading lower on Friday, potentially following positive reports on a coronavirus clinical trial and read more.....»»
Oil tumbles to 18-year low as coronavirus dings China GDP
The sharp economic contraction is a preview of things to come for the rest of the developed world, including the United States, as the COVID-19 pandemic originated in China, impacting its economy first......»»
Oil rises as Trump plans to ease lockdown
Oil prices rose on Friday as President Donald Trump laid out plans to ease the U.S. coronavirus lockdown and on reports, later played down, that a drug may potentially help treat COVID-19......»»
Futures jump on Trump"s restart plan, coronavirus drug hopes
U.S. stock index futures bounced more than 2% on Friday as President Donald Trump laid out plans to re-open an economy shut down by the coronavirus outbreak and on reports of encouraging data on a drug to potentially treat COVID-19......»»
European stocks surge amid investor hopes over coronavirus treatment
European stocks climbed on Friday, as investors brushed aside poor China growth data to focus on a potentially promising treatment for coronavirus from Gilead Sciences Inc. and pl.....»»
Europe Markets: European stocks climb on hopes over coronavirus drug treatment
European stocks climbed on Friday, as investors brushed aside poor China growth data to focus on a potentially promising treatment for coronavirus from Gilead Sciences Inc. and continued hopes for re-opening of major economies......»»