May 6, 2020 by Donna FuscaldoUber to Slash its Workforce by 3,700 Due to COVID-19 SlowdownUber is letting go of full-time workers in its customer support and recruiting departments.
May 6, 2020 by Donna FuscaldoWhy Zoom Should Be Afraid of FacebookFacebook is trying to displace Zoom as the leader in videoconferencing as it seeks a way into the lucrative enterprise market.
May 5, 2020 by Donna FuscaldoMicrosoft to Replace In-Person Reveal of Next-Gen Xbox Console With Monthly Virtual Event SeriesThis year is a big one for Microsoft's gaming unit but with live events canceled throughout the world, it has no choice but to host virtual showcases.
May 5, 2020 by Donna FuscaldoSoftbank Gets Sued by WeWork After Backing Out of $3 Billion InvestmentSoftBank's legal chief called the lawsuit meritless and said the Japanese tech company is under no obligation to buy the $3 billion worth of shares.
May 5, 2020 by Donna FuscaldoApple Sells $8.5 Billion in Bonds to Fuel Share BuybacksApple paid the lowest in seven years on the bonds that come due in three and five years.
May 5, 2020 by Donna FuscaldoFacebook's VR Unit Working on New Quest Stand-Alone HeadsetThe timing for the launch of the new standalone VR headset is questionable given the supply chain disruptions caused by the pandemic.
May 4, 2020 by Donna FuscaldoApple Launches New 13-inch MacBook Pro Despite PandemicThe new 13-inch MacBook Pro comes equipped with Apple's Magic Keyboard and double the storage of the previous generation.
May 4, 2020 by Donna FuscaldoUber Drivers Will Have to Wear Masks... And It Will Know If They Don'tWith countries reopening, Uber wants to ensure its drivers and riders are safe when ride-hailing services resume.
May 1, 2020 by Donna FuscaldoUber Gives Drivers Access to a Free COVID-19 Health Assessment ToolUber is encouraging all independent workers, not only its drivers, to take advantage of the COVID-19 risk assessment tool.
May 1, 2020 by Donna FuscaldoDespite Dip in Cash Apple to Continue to Buy Back Shares, Raises DividendApple's cash is down 7.4% amid the COVID-19 pandemic, but that's not stopping it from continuing to invest and reward shareholders.
May 1, 2020 by Donna FuscaldoAmazon Willing to Take on Losses in COVID-19 ResponseAmazon told shareholders it will spend $4 billion in the current quarter in keeping employees and customers safe during the pandemic.
Apr 30, 2020 by Donna FuscaldoMicrosoft Xbox Head Says New Game Console Is Still on ScheduleThe Xbox isn't facing any COVID-19 delays, but Microsoft is worried games for the new console may be held up.
Apr 30, 2020 by Donna FuscaldoGoogle Faces Calls to Hold off Collecting Ad Dollars From Struggling German CompaniesA group of German travel companies want Google to refrain from collecting ad bills if they have received government aid amid the pandemic.
Apr 30, 2020 by Donna FuscaldoAmazon Lands on Government List of Platforms That Enable CounterfeitsThe Office of the United States Trade Representative listed Amazon's domains in Canada, France, Germany, India, and the UK as possibly facilitating the sale of counterfeits.
Apr 29, 2020 by Donna FuscaldoAT&T, Charter, Others Face Call to Cut Fees in the Absence of Live SportsNY Attorney General Letitia James wants the fees cut until the pandemic is over and live sporting events resume.
Apr 29, 2020 by Donna FuscaldoUber, Lyft Gear Up to Layoff Hundreds of Workers Amid COVID-19 PandemicLyft said it would let go of 982 employees or 17% of its workforce, while Uber is reportedly mulling reducing its workforce by 20%.
Apr 29, 2020 by Donna FuscaldoGoogle Makes Its Video Conferencing Software Free in Challenge to ZoomGoogle Meet is adding about 3 million users every day.
Apr 29, 2020 by Donna FuscaldoAmazon Gets Exclusive Rights to Stream a NFL Game Under New DealAmazon Prime will stream a Saturday game late in the 2020 season.
Apr 29, 2020 by Donna FuscaldoMicrosoft’s Earnings: 2 COVID-19 Questions That Need AnsweringThe pandemic has divided the company's divisions into haves and have-nots.
Apr 28, 2020 by Donna FuscaldoMissouri Senator Wants DOJ to Open Criminal Probe of AmazonSenator Josh Hawley contends Amazon violated antitrust rules after a report surfaced saying that employees used independent sellers' data to develop private-label products.
