Business News
Even after coronavirus lockdowns, Facebook will permanently embrace remote work
2020-05-22
Facebook Inc will permanently embrace remote work even after coronavirus lockdowns are smooth, Chief Executive Mark Zuckerberg said on Thursday, accelerating the geographic diversification of the tech sector away from its Silicon Valley home.
Nvidia reports above-estimated second-quarter revenue
2020-05-22
Nvidia Corp forecast second-quarter revenue on Thursday above the estimates of analysts as demand increases for their chips used in data centers that power the shift to work remotely due to coronavirus outbreak.
As of mid-May, Uber spent $19 million in direct financial assistance to nearly 48,900 drivers worldwide
2020-05-22
For the first time on Thursday, Uber Technologies Inc. detailed how much it had spent supporting its ride-hail drivers and food delivery workers during the coronavirus crisis, which battered the company and forced it to lay off thousands of staff.
State attorneys general led by Texas are likely to file an antitrust lawsuit against Google.
2020-05-17
A group of Texas-led state attorneys general are likely to file an antitrust lawsuit against Google's Alphabet Inc and are working on potential litigation later this year, said a person familiar with the situation Friday.
The Giphy site solid to Facebook:declined to reveal, price about $400 million.
2020-05-17
Facebook Inc is acquiring Giphy, a popular website for animated image making and sharing, or GIFs, and will integrate it with its fast-growing Instagram photo-sharing app, Facebook said Friday in a blog post.