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FORTUNES OF CHINA'S INTERNET TYCOONS SOAR AMID PANDEMIC
Jack Ma, founder of e-commerce giant Alibaba, held onto his status as China’s richest tycoon this year as surging demand for online shopping and other services during the coronavirus pandemic swelled the fortunes of internet entrepreneurs, according to a survey released this week.
Global Watchdog Proposes Tax Overhaul For Big Tech
A global economic watchdog this week proposed an overhaul of international tax rules to make sure big tech companies pay their dues and warned that failure to adopt it would make the economic recovery from COVID-19 harder.
Airbnb Requires Hosts To Commit To Enhanced Cleaning
Airbnb said it will require hosts to comply with enhanced cleaning procedures as part of its effort to reassure guests and local officials during the coronavirus pandemic.
JPMORGAN, CITI PROFITS IMPROVE AMID SIGNS OF RECOVERY
Two of the nation’s biggest banks — JPMorgan Chase and Citigroup — said that their profits improved markedly over the summer, as the U.S. economy tried to bounce back from the coronavirus shutdowns that were imposed earlier this year.
TWILIO BUYS SEGMENT FOR $3.2B AS DEMAND FOR CLOUD TECH BOOMS
Twilio is buying customer data start-up Segment in a stock deal valued at about $3.2 billion as demand for cloud technology surges during the pandemic.
THE PROMISE OF 5G WIRELESS SPEED, HYPE, RISK
A much-hyped network upgrade called “5G” means different things to different people.
iPHONE 12 PUSHING FURTHER THAN EVER BEFORE
Despite a month-long delay due to COVID-19 supply chain issues, the virtual announcement of this year’s iPhone range did not disappoint.
MALCOLM JENKINS STARTS VENTURE CAPITAL FUND WITH NFL PLAYERS
Malcolm Jenkins has teamed with fellow NFL players to launch a venture capital fund.
WALMART TO SPREAD OUT DEALS TO AVOID BLACK FRIDAY CROWDS
Walmart says it will spread out its traditional one-day Black Friday deals over three weekends in November in an effort to reduce crowds in its stores during a pandemic.
DISNEY REORG TO FURTHER BOLSTER COMPANY'S FOCUS ON STREAMING
Disney said that it is reorganizing its business units to focus even more on streaming.
IBM TO SPIN OFF $19B BUSINESS TO FOCUS ON CLOUD COMPUTING
IBM says it is breaking off a $19 billion chunk of its business to focus on cloud computing.
Boeing Says Pandemic Will Cut Demand For Planes For a Decade
Boeing is lowering its expectations around demand for new planes over the next decade as the coronavirus pandemic continues to undercut air travel.
Airnbnb Blocking Some Rentals Over Halloween To Halt Parties
Airbnb will prohibit one-night rentals over Halloween weekend as part of its ongoing effort to crack down on party houses.
MICROSOFT PLANS $1 BILLION DATA CENTER VENTURE IN GREECE
Microsoft has announced plans to build three data center sites in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which has been hammered by the pandemic.
NOBEL PRIZES AND COVID-19: SLOW, BASIC SCIENCE MAY PAY OFF
While the world wants flashy quick fixes for everything, especially massive threats like the coronavirus and global warming, next week’s Nobel Prizes remind us that in science, slow and steady pays off.
WATCH SE: AN AFFORDABLE PRICE TAG & A NEW DIRECTION FOR APPLE
Alongside the new Apple Watch Series 6 announcement at this year’s September Event, Apple introduced an altogether more interesting concept: the affordable Apple Watch SE.
LILLY SEEKS EMERGENCY USE OF ITS ANTIBODY DRUG FOR COVID-19
A drug company says it has asked the U.S. government to allow emergency use of an experimental antibody therapy based on early results from a study that suggested the drug reduced symptoms, the amount of virus, hospitalizations and ER visits for patients with mild or moderate COVID-19.
‘DUNE' DITCHES 2020, WHILE AMC COMMITS TO STAYING OPEN
The 2020 theatrical release calendar is getting even slimmer in the wake of the announcement that Regal cinemas are temporarily closing, although AMC, North America’s largest theater chain, says it will remain open.
HUNDREDS OF REGAL, CINEWORLD MOVIE THEATERS TO CLOSE
In the latest blow to the beleaguered film industry, the second-largest movie theater chain in the U.S. is temporarily shuttering its locations due to a lack of blockbusters on the calendar and major domestic markets like New York remaining closed.
JAMES BOND FILM ‘NO TIME TO DIE' PUSHED AGAIN, TO 2021
The release of the James Bond film “No Time To Die” has been delayed again, this time to 2021, because of the effects of COVID-19 on the theatrical business.
GOOGLE, ORACLE MEET IN COPYRIGHT CLASH AT SUPREME COURT
Tech giants Google and Oracle are clashing at the Supreme Court in a copyright dispute that’s worth billions and important to the future of software development.
US JUDGE DISMISSES NEW MEXICO PRIVACY CLAIMS AGAINST GOOGLE
A U.S. district judge has dismissed New Mexico’s privacy claims against Google over privacy concerns, but New Mexico’s top prosecutor vowed to continue the legal fight to protect child privacy rights.
UBER GETS 18-MONTH LONDON LICENSE AFTER WINNING COURT APPEAL
Uber can keep operating in London for another year and a half after winning its appeal of a decision by the British capital’s transit regulator not to renew its license.
Q&A: HOW TO HANDLE TECHNOLOGY ISSUES WITH ONLINE SCHOOL
Across the U.S., the pandemic has forced students to attend virtual schools to prevent the spread of the coronavirus. But the more we rely on technology, the bigger the consequences when gadgets or internet service let us down.
Fitness +
Apple has made no secret of the fact it wants to expand its services division.
TRY TOUCHLESS PAYMENT TO AVOID DIRTY MONEY
If you’re looking for a self-improvement task in this pandemic era, try teaching yourself to use contactless payments with your phone or “tapto-pay” credit and debit cards.
SECRETIVE, NEVER PROFITABLE PALANTIR MAKES ITS MARKET DEBUT
Seventeen years after it was born with the help of CIA seed money, the data-mining outfit Palantir Technologies is finally going public in the biggest Wall Street tech offering since last year’s debut of Slack and Uber.
NEW MEASUREMENTS SHOW MOON HAS HAZARDOUS RADIATION LEVELS
Future moon explorers will be bombarded with two to three times more radiation than astronauts aboard the International Space Station, a health hazard that will require thick-walled shelters for protection, scientists reported.
FEDERAL JUDGE POSTPONES TRUMP BAN ON POPULAR APP TIKTOK
A federal judge postponed a Trump administration order that would have banned the popular video-sharing app TikTok from U.S. smartphone app stores around midnight.
INFLUENCERS BEHAVING ADLY: MEXICO KICKS THEM OUT OF RUINS
Archaeological authorities in Mexico said they kicked cast members of a popular local “Jersey Shore”-style reality shows out of the Mayan ruins of Uxmal after they behaved “immaturely” and refused to wear masks or follow social distancing rules.