SAN FRANCISCO: Zoom on Wednesday (Jul 15) set out to capitalise on its pandemic-powered popularity with a touchscreen display tuned to its video-conferencing platform. “Zoom for Home” was touted as combination of hardware and software designed for working remotely, a trend that promises to remain after the coronavirus threat abates. […]
Month: July 2020
Dell Technologies Inc is considering spinning off its 81per cent stake in cloud computing software maker VMware , the PC maker said on Wednesday, adding that such a move would not occur before September 2021. REUTERS: Dell Technologies Inc is considering spinning off its 81per cent stake in cloud computing […]
A downward spiral in revenue in the wake of the coronavirus outbreak will pause this month for most U.S. states as CHICAGO: A downward spiral in revenue in the wake of the coronavirus outbreak will pause this month for most U.S. states as Wednesday’s income tax filing deadline generates billions […]
Oil prices slid on Thursday after OPEC and allies such as Russia agreed to ease record supply curbs from August, though the drop was cushioned by hopes for a swift U.S. demand pick-up after a bigger-than-expected drawdown from the country’s crude stocks. TOKYO: Oil prices slid on Thursday after OPEC […]
Top executives of Neiman Marcus, which filed for bankruptcy in May, do not deserve bonuses of up to US$10 million unless they can show they boosted the luxury department store chain’s earnings, a U.S. Department of Justice lawyer said. REUTERS: Top executives of Neiman Marcus, which filed for bankruptcy in […]
A U.S. judge on Wednesday confirmed a 643 million euro (US$734 million) award in favor of a unit of Warren Buffett’s Berkshire Hathaway Inc that claimed it was fraudulently induced to buy a German pipemaker that had inflated sales to look profitable. NEW YORK: A U.S. judge on Wednesday confirmed […]
The latest clash between Facebook and Austrian privacy activist Max Schrems could disrupt hundreds of thousands of companies as Europe’s top court rules on Thursday on the legality of tools companies use to transfer Europeans’ data around the world. LUXEMBOURG: The latest clash between Facebook and Austrian privacy activist Max […]
Nearly half of Japan’s companies have no immediate plans in place to help counter the impact of the coronavirus pandemic, although a third of those surveyed in a Reuters poll indicated they were looking to improve productivity to cushion the blow. TOKYO: Nearly half of Japan’s companies have no immediate […]
CHICAGO: Amazon.com has extended a work-from-home policy until Jan 8 and is continuing to ask employees to defer all non-essential travel, a spokeswoman said on Wednesday (Jul 15). This comes adter the company on Tuesday launched a pilot healthcare programme for its employees and their families to provide primary services […]
OKLAHOMA CITY: Oklahoma’s Republican Governor Kevin Stitt said on Wednesday (Jul 15) he had tested positive for the novel coronavirus, the first time a US state governor has announced they were infected. The number of US cases has spiked, particularly in the south and west, since local officials started loosening […]