Tag: Companies
Stocks blast higher on expectation of sweeping federal action
There are no free market fanatics on corporate boards the moment the economy wobbles. Today makes the point, with stocks shooting higher on the back of news that a sweeping federal package of aid and stimulus should soon pass Congress. The goal of the financial package is to blunt the…
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Apple Card gets updated privacy policy on new data sharing and more transaction detail
Apple is updating its privacy policy for Apple Card to enable sharing more anonymized data with Goldman Sachs, its financial partner. Apple’s reasoning here is that this will make it able to do a better job of assigning credit to new customers. The data is aggregate and anonymized, and there…
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Ford, 3M, GE and the UAW to build respirators, ventilators and faceshields for coronavirus fight
Ford announced the details of its current manufacturing efforts around building much-needed medical supplies for front-line healthcare workers and COVID-19 patients on Tuesday. Its efforts include building Powered Air-Purifying Respirators (PAPRs) with partner 3M, including a new design that employs existing parts from both partners to deliver effectiveness and highly-scalable…
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With lower bandwidth, Disney+ opens streaming service in UK, Ireland, 5 other European countries, France to come online April 7
Disney+, the streaming service from the Walt Disney Company, has been rapidly ramping up in the last several weeks. But while some of that expansion has seen some hiccups, other regions are basically on track. Today, as expected, Disney announced that it is officially launching across 7 markets in Euopre…
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With the real estate industry facing headwinds, SoftBank-backed Compass lays off 15% of staff
Compass, the real estate brokerage startup backed by roughly $1.6 billion in venture funding, has laid off 15% of its staff as a result of the shifting economic fortunes created by the global response to the novel coronavirus pandemic, according to an internal email seen by TechCrunch. Citing economic fallout…
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Amazon, Apple and Microsoft CEOs detail their companies’ efforts to combat coronavirus pandemic
The tech industry is mobilizing its considerable resources to attempt to support efforts against the growing global coronavirus pandemic. Over the weekend, the CEOs of Amazon, Apple and Microsoft all shared updates regarding some aspects of their company’s ongoing contributions, which range from donations of medical supplies and personal protective…
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