Pandemic
DoorDash surges on revenue beat, stand out among pandemic darlings
Shares of DoorDash Inc have surged some 16.5% after the food-delivery company beat estimates for quarterly revenue, a rare bright spot among stay-at-home darlings that have seen th...
Uber posts profit as ride demand recovers, delivery remains strong
Uber Technologies has reported its second quarterly operating profit as demand for its ride-hailing service approached pre-pandemic levels and its food delivery business turned pro...
How SAP uses ‘social sabbaticals’ to retain employees
The pandemic era upended the world in all sorts of ways, but one of the most fascinating is the so-called ‘Great Resignation.’ Employees are moving out of their previou...
Google delays mandatory return to office beyond January the 10th
Google has said it is pushing back its January return-to-office plan globally amid growing concerns over the Omicron variant of the coronavirus and some resistance to company-manda...
Amazon exec says Omicron’s impact on holiday spending uncertain
A senior Amazon.com executive said it remains too early to predict how the Omicron coronavirus variant will impact consumer spending during the holiday season but suggested that sh...
Samsung to invest $206 billion by 2023 for post-pandemic growth
Samsung Group will invest 240 trillion won (approximately $206 billion) in the next three years to expand its footprint in biopharmaceuticals, artificial intelligence, semiconducto...
Facebook says on track to reopen all US offices by October
Facebook Inc expects to reopen all its US offices by October, with plans to offer flexible work-related options to employees, the social media platform has said.
Google to lay out new features to keep users clicking after lockdown
Google is expected to unveil updates across many services, including search and Android, as the company showcases its role in a world that has become more digitally connected durin...
India asks Twitter to take down tweets critical of its COVID-19 strategy
e Indian government asked social media platform Twitter to take down dozens of tweets, including some by local lawmakers, that were critical of India’s handling of the COVID-...
COVID-19 ‘war games’: the computer program that could help save your job
Bank of England Chief Economist Andy Haldane has signed up to judge the winner of a ‘war game’ designed to help firms find alternatives to mass layoffs in the face of a...
Facebook bans ads that call voting fraud widespread or election invalid
Facebook has banned ad’s on its flagship website and Instagram photo and video sharing support which claim widespread voting fraud, imply the US election results are invalid,...
Can investors look past Amazon’s pandemic e-commerce costs?
Investors’ penchant for prioritising growth over profit at Amazon.com will be put to the test today, when investors absorb the impact of second-quarter pandemic-related costs...
Angolan app gives performers a lifeline – streaming to paying public
When the Angolan government imposed its coronavirus lockdown in late March, local entrepreneur and innovator Claudio Kiala saw a gap in the market when it came to virtual entertain...