Technology
SoftBank Group's sale of 5% telco unit stake to raise $2.9 billion
SoftBank Group Corp said on Friday its planned sale of 5% in its domestic telco SoftBank Corp would fetch 310.2 billion yen ($2.9 billion), as part of a programme to raise $41 billion through asset sales.
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Nvidia forecasts sales above estimates, powered by data center results
Nvidia Corp on Thursday forecast second-quarter revenue above analysts' estimates, as demand surges for its chips used in the data centers that power the shift to working remotely because of the new coronavirus outbreak.
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Top safety official at Waymo self-driving unit stepping down
Alphabet Inc’s Waymo self-driving unit said on Thursday that its chief safety officer, Debbie Hersman, was stepping down but would remain as a consultant to the company.
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UK confident COVID-19 tracking system will be place before lockdown eased
Health secretary Matt Hancock said on Thursday he was confident that a COVID-19 track and trace system would be operating by June 1, allowing lockdown rules to be eased without risking a spike in infections.
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House Republicans press TikTok on use of kids' data, ties to Beijing
Two leading Republicans in the U.S. House of Representatives wrote a letter to the founder of the popular video sharing app TikTok on Thursday, asking about potentially illegal use of data about children and ties to the Chinese government.
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How big unions smooth the way for Amazon worker protests
Warehouse employees last month staged a walkout in Michigan to demand safer working conditions at their facility. So did workers in New York, Illinois and Minnesota.
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Canada's Shopify CEO says era of 'office centricity is over; most staff to permanently work from home
The CEO of Canadian e-commerce firm Shopify Inc declared on Thursday the end of "office centricity" and decided to keep company offices closed till 2021, allowing most employees to work remotely on a permanent basis after that.
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UK test and trace system is on course for June 1: health minister
Britain's health minister said the health service's COVID-19 smartphone app was working on the Isle of Wight, where it is being trialled, and the country's test and trace operation would be ready to launch on June 1 when the lockdown is further eased.
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Irish regulator questions Apple over recordings
Ireland's Data Protection Commissioner (DPC), Apple's main regulator in the European Union, on Thursday said it was in contact with the company after a whistleblower called for action over a programme that listens to users' recordings.
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Exclusive: Baidu considers leaving the Nasdaq to boost its valuation - sources
Chinese search engine giant Baidu Inc is considering delisting from the U.S. Nasdaq and moving to an exchange closer to home to boost its valuation amid rising tension between the United States and China over investments, three sources said.
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U.S. House Republicans press TikTok on use of kids' data, ties to Beijing
Two leading Republicans in the U.S. House of Representatives wrote a letter to the founder of the popular video sharing app TikTok on Thursday, asking about potentially illegal use of data about children and ties to the Chinese government.
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Shopify to let employees work from home permanently
Canadian e-commerce firm Shopify Inc would keep its offices closed till 2021 and allow most employees to work remotely on a permanent basis after that, Chief Executive Officer Tobi Lutke said in a tweet on Thursday.
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Uber has spent $19 million on coronavirus financial assistance for drivers
Uber Technologies Inc on Thursday for the first time detailed how much it has spent to support its ride-hail drivers and food delivery workers during the coronavirus crisis, which has battered the company and forced it to lay off thousands of employees.
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Amazon pushes Prime Day to September as it returns to normalcy: WSJ
Amazon.com Inc is scheduling its annual Prime Day shopping event for September and allowing unlimited shipments of non-essential goods to warehouses, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
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UK's COVID-19 tracking system under fire amid warning of second spike
Britain's system for tracing those with the novel coronavirus was under fire on Thursday as it grappled with the development of a tracking app and health workers warned the government that unless there was clarity it could suffer a second deadly wave.
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Gap rushes in more robots to warehouses to solve virus disruption
U.S. apparel chain Gap Inc is speeding up its rollout of warehouse robots for assembling online orders so it can limit human contact during the coronavirus pandemic, the company told Reuters.
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Could coronavirus help Amazon workers unionize?
Warehouse employees last month staged a walkout in Michigan to demand safer working conditions at their facility. So did workers in New York, Illinois and Minnesota.
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Exterminate! UV robot sent to Singapore mall to zap coronavirus
A shopping mall in Singapore is deploying a newly developed smart robot to fight the novel coronavirus, not with chemicals - but with light.
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Amazon taps into food delivery services in India
Amazon.com Inc is rolling out services to deliver food in India, pitting it against established players Swiggy and Zomato in a market that has seen explosive growth in the last few years.
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India's Swiggy, Zomato start booze deliveries during COVID-19 lockdown
India's top two food-delivery startups, Swiggy and Zomato, will begin delivering alcohol in some cities starting from Thursday, as they cash in on the high demand for booze during the country's coronavirus lockdown.
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