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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.....»»

Category: topSource: digitimesFeb 13th, 2020

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......»»

Category: topSource: reutersMay 5th, 2020

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......»»

Category: topSource: digitimesMay 4th, 2020

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......»»

Category: topSource: reutersMay 1st, 2020

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......»»

Category: topSource: marketwatchApr 30th, 2020

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......»»

Category: topSource: marketwatchApr 30th, 2020

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.....»»

Category: topSource: businessinsiderApr 29th, 2020

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.....»»

Category: topSource: usatodayApr 29th, 2020

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......»»

Category: realestateSource: cnbcApr 28th, 2020

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......»»

Category: topSource: foxnewsApr 27th, 2020

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......»»

Category: topSource: reutersApr 26th, 2020

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......»»

Category: topSource: reutersApr 26th, 2020

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.....»»

Category: topSource: businessinsiderApr 22nd, 2020

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......»»

Category: topSource: marketwatchApr 21st, 2020

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.....»»

Category: topSource: businessinsiderApr 17th, 2020

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.....»»

Category: blogSource: benzingaApr 17th, 2020

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......»»

Category: topSource: foxnewsApr 17th, 2020

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......»»

Category: topSource: reutersApr 17th, 2020

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......»»

Category: topSource: reutersApr 17th, 2020

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.....»»

Category: topSource: marketwatchApr 17th, 2020

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......»»

Category: topSource: marketwatchApr 17th, 2020