Technology
Dropbox quarterly results beat estimates
Dropbox Inc's quarterly revenue and profit beat Wall Street estimates on Thursday, as the file-hosting company signed up more paying customers on its platform with people shifting to remote work due to the COVID-19 pandemic.
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Amazon planning to extend closure of French warehouses until May 13
Amazon plans to extend the closure of its French warehouses until May 13 included, the e-commerce giant said on Thursday.
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European coalition takes shape on coronavirus contact tracing
A European coalition is forming around an approach to using smartphone technology to trace coronavirus infections that, its backers hope, could help to reopen borders without unleashing a second wave of the pandemic.
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Alphabet's Sidewalk Labs pulls out of Toronto 'smart city' project
Alphabet's Sidewalk Labs has pulled out of its Toronto "smart city" project due to economic uncertainty, the subsidiary's chief executive officer said on Thursday.
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UK appoints former TalkTalk boss to lead coronavirus test and trace programme
Dido Harding, the former chief executive of internet provider TalkTalk, has been appointed by the British government to head its coronavirus test and trace programme with responsibility for overseeing contact tracing.
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Facebook names first members of oversight board that can overrule Zuckerberg
Facebook Inc's new content oversight board will include a former prime minister, a Nobel Peace Prize laureate and several constitutional law experts and rights advocates among its first 20 members, the company announced on Wednesday.
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After the triumph of Animal Crossing, a thin pipeline for Nintendo
The runaway success of Nintendo Co Ltd's island life simulator Animal Crossing: New Horizons has overshadowed an uncomfortable fact for fans of the Switch console - it lacks upcoming titles.
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Apple awards $10 million to nasal swab maker COPAN Diagnostics to help boost factory output
Apple Inc said on Thursday that it was awarding $10 million to a maker of nasal swabs and other materials for collecting samples for Covid-19 tests in a move aimed at boosting the swab maker's production to 1 million collection kits per week by early July.
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Samsung heir's apology meets with skepticism, watchdog panel seeks concrete plan
Samsung Group heir Jay Y. Lee's vow to end dynastic succession at South Korea's biggest conglomerate following three generations of Lee family control sparked skepticism on Thursday.
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PayPal sees strong second quarter as online spending surges (May 6)
PayPal Holdings Inc said it expects a strong recovery in payments volumes in the second quarter as social distancing drives more people to shop online, even as lockdowns start to ease, sending its shares up 8% in extended trading.
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Colombia's coronavirus app troubles show rocky path without tech from Apple, Google
Colombia has removed the contact-tracing feature in its official app for informing residents about the novel coronavirus after experiencing glitches, but aims to rebuild using potentially more reliable technology from Apple Inc and Alphabet Inc's Google, a government official told Reuters.
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T-Mobile beats phone subscriber estimates as lockdown creates demand surge
T-Mobile US Inc said on Wednesday it added more monthly bill paying phone subscribers than expected in the first quarter, thanks to a surge in demand for cheaper phone services as people work from home amid coronavirus lockdowns.
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Lyft sees rider demand improve in late April, 'on path to profitability'
Lyft Inc on Wednesday posted higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable, saying ridership hit by the coronavirus pandemic had improved in late April.
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U.S. lawmakers warn Trump against harming U.S. chipmakers amid coronavirus crisis
A group of Senate Republicans is urging U.S. President Donald Trump to avoid hurting American chipmakers, which they see as essential to the coronavirus response and the U.S. economy, as the administration cracks down on chip exports to China.
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PayPal sees strong second quarter as online spending surge
PayPal Holdings Inc said it expects a strong recovery in payments volumes in the second quarter as social distancing drives more people to shop online, even as lockdowns start to ease, sending its shares up 8% in extended trading.
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IAC revenue rises as home-bound take to online dating, video streaming
IAC/InterActiveCorp reported an 11% rise in quarterly revenue on Wednesday, as its online dating business and video hosting platform added more stuck-at-home users.
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Some U.S. city transit agencies turn to Uber as ridership drops during coronavirus crisis
U.S. cities that have idled mass transit during coronavirus lockdowns are turning to an unusual partner to get essential workers to hospitals, warehouses and factories: ride-hailing company Uber.
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Fitbit starts study to test if devices can detect irregular heart rhythms
Fitbit Inc on Wednesday launched a virtual study to test if its wearable devices can detect irregular heart rhythms or atrial fibrillation.
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U.S. drafts rule to allow Huawei and U.S. firms to work together on 5G standards: sources
The U.S. Department of Commerce is close to signing off on a new rule that would allow U.S. companies to work with China's Huawei Technologies on setting standards for next generation 5G networks, people familiar with the matter said.
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