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Updated: 4 years 26 weeks ago

Box to appoint three new directors under pressure from Starboard

Mon, 03/23/2020 - 14:26
Cloud service provider Box Inc said on Monday it would appoint three new directors to its board as part of an agreement with activist investor Starboard Value LP.
Categories: Technology

Bought enough toilet paper? Check this online calculator

Mon, 03/23/2020 - 13:35
Worried about whether you have enough toilet paper for the coronavirus lockdown? A German website can tell you how long your supply will last.
Categories: Technology

E-commerce companies face disruption as India locks down to curb coronavirus

Mon, 03/23/2020 - 13:14
E-commerce and online groceries faced disruption to their warehouse and delivery operations in India on Monday as dozens of cities including New Delhi went into a lockdown to tackle the spread of coronavirus, industry executives said.
Categories: Technology

UK in talks with Amazon over delivering coronavirus tests: FT

Mon, 03/23/2020 - 13:13
Britain has approached Amazon and other companies about using their services to step up the delivery of coronavirus tests to frontline health workers, the Financial Times reported on Monday.
Categories: Technology

Netflix to reduce traffic in Israel by 25% to help ISPs

Mon, 03/23/2020 - 12:18
Netflix said on Monday it would reduce network traffic in Israel over the next month following a government request to ease data congestion from people staying home due to the coronavirus.
Categories: Technology

Investor group to nominate two directors to GameStop board: sources

Mon, 03/23/2020 - 12:15
An investor group plans to nominate two directors to GameStop Corp's 11-member board, less than one year after reaching a cooperation agreement with the videogame retailer, two sources familiar with the matter said.
Categories: Technology

Tencent rolls out new health tracking code aimed at China's students

Mon, 03/23/2020 - 11:45
Chinese tech giant Tencent Holdings has rolled out a new tracking app aimed at students who are preparing to return to school, the latest tool in the country's coronavirus combat arsenal as the outbreak shows signs of easing.
Categories: Technology

Factbox: SoftBank's key assets

Mon, 03/23/2020 - 11:19
SoftBank Group Corp plans to raise up to 4.5 trillion yen ($41 billion) by selling or monetizing assets to buy back 2 trillion yen of its shares and reduce debt, it said on Monday.
Categories: Technology

Apple scraps curbs on online buyers of iPhones amid virus outbreak

Mon, 03/23/2020 - 08:41
Apple has dropped a two-device limit on online purchases of iPhones, a check of its web stores showed on Monday, just days after changing the checkout procedure amid a coronavirus pandemic.
Categories: Technology

SoftBank to raise $41 billion to expand share buyback, cut debt

Mon, 03/23/2020 - 07:44
SoftBank Group Corp said on Monday it is selling or monetizing up to 4.5 trillion yen ($41 billion) in assets to buy back 2 trillion yen of its shares and reduce debt, sending its stock soaring to its biggest daily gain in nearly 12 years.
Categories: Technology

Toyota plans to develop fuel cell truck with Hino unit

Mon, 03/23/2020 - 06:30
Japan's Toyota Motor Corp on Monday said it would develop a heavy-duty fuel-cell truck with its subsidiary, Hino Motor Co, as it sees hydrogen technology as a zero-emissions alternative to battery power for large commercial vehicles.
Categories: Technology

WeWork board's special committee prepares for fight against SoftBank

Mon, 03/23/2020 - 00:16
The special committee of WeWork's board is preparing for a fight against Japan's SoftBank Group Corp saying that SoftBank should complete its tender offer promised to the office sharing company's employees and shareholders.
Categories: Technology

U.S. says website offered phony coronavirus vaccines

Sun, 03/22/2020 - 23:52
The U.S. Justice Department on Sunday said it cracked down on a website that was fraudulently offering to sell vaccines for warding off the deadly coronavirus.
Categories: Technology

Facebook donates emergency reserve of 720,000 masks due to coronavirus outbreak

Sun, 03/22/2020 - 21:41
Facebook Inc Chief Executive Mark Zuckerberg said on Sunday that the social media company has donated its emergency reserve of 720,000 masks to provide health workers with more protective gear.
Categories: Technology

Facebook to cut video streaming quality in virus-hit Europe

Sun, 03/22/2020 - 20:46
Facebook will downgrade video streaming quality on its platform and on Instagram in Europe, the latest U.S. tech giant to respond to an EU call to stave off internet gridlock as thousands work from home due to the coronavirus outbreak.
Categories: Technology

Netflix to slash traffic across Europe to relieve virus strain on internet providers

Sun, 03/22/2020 - 06:56
Netflix Inc said it will cut traffic by 25% on networks across Europe in a relief measure for internet service providers (ISPs) experiencing a surge in usage due to government "shelter in place" orders aimed at slowing the coronavirus outbreak.
Categories: Technology

Amazon raises overtime pay for warehouse workers

Sun, 03/22/2020 - 02:47
Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses as the world's largest online retailer tries to meet the rapidly growing demand for online shopping from consumers stuck at home during the coronavirus outbreak.
Categories: Technology

Disney+ launch delayed in France, bandwidth use cut for Europe amid coronavirus

Sun, 03/22/2020 - 02:08
The launch of Walt Disney's streaming services in France will be delayed by two weeks at the request of the French government, the company said in a statement on Saturday.
Categories: Technology

Exclusive: Amazon.com to stop shipping non-essentials to consumers in Italy and France

Sat, 03/21/2020 - 21:16
Amazon.com will stop shipping non-essential products to consumers in Italy and France, the company said on Saturday, representing an escalation in the e-commerce giant's response in regions hard hit by the coronavirus outbreak.
Categories: Technology

Exclusive: Amazon raises overtime pay for warehouse workers

Sat, 03/21/2020 - 18:59
Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses, as the world's largest online retailer tries to meet the rapidly growing demand for online shopping from consumers stuck at home during the coronavirus outbreak.
Categories: Technology

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