Amazon entices warehouse employees to grocery unit with higher pay

Amazon com Inc is using higher pay to hire its warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage. This move referred to as labor sharing, highlights how the e-commerce giant is reallocating a few of its substantial labor forces to deal with a spike in online sales of […]

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Microsoft to divest AnyVision stake, end face recognition investing

Microsoft Corp on Friday stated it would offer its stake in AnyVision, an Israeli facial recognition start-up, and stated it no longer would make minority financial investments in business that offer the questionable technology. The decision marks a policy modification for the Redmond, Washington-based software application maker, which has intended to shape how the technology […]

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Apple’s factories are running, but suppliers wary about iPhone demand

As China resumes its economy after months of lockdown, Apple Inc’s ( AAPL.O) iPhone factories are mostly up and running. But with the coronavirus pandemic dispersing throughout the world, the immediate concern for the business is how numerous purchasers there will be both for existing designs and the brand-new slate of phones anticipated in the […]

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UK broadband providers lift data caps during coronavirus crisis

Britain’s big telecoms providers have agreed to remove all data caps on fixed-line broadband services that have become a lifeline for people isolated at home during the coronavirus crisis, the federal government stated on Sunday. The companies that include BT ( BT.L), Virgin Media ( LBTYA.O), Sky ( CMCSA.O), and TalkTalk ( TALK.L), devoted to […]

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U.S. prepares crackdown on Huawei’s global chip supply according to sources

Senior officials in the Trump administration agreed to new steps to restrict the global supply of chips to China’s Huawei Technologies, sources acquainted with the matter stated, as the White House ramps up criticism of China over coronavirus. The move comes as ties in between Washington and Beijing grow more strained, with both sides trading […]

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SoftBank to raise $41 billion to expand share buyback, cut debt

On Monday, SoftBank Group Corp (9984.T) stated it is monetizing or selling up to 4.5 trillion yen ($41 billion) in properties to redeem 2 trillion yen of its shares and minimize debt, sending its stock skyrocketing to its greatest day-to-day gain in almost 12 years. The share buyback will remain in addition to the up […]

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Instagram to remove coronavirus related content from recommendations

On Tuesday, Facebook Inc’s Instagram stated it would remove coronavirus-related content and accounts from recommendations and its “explore” alternative unless posted by or belonging to reputable health companies. “We will also start to downrank content in feed and Stories that have been rated false by third-party-fact checkers,” the photo-sharing platform added. Recently, Twitter Inc disallowed […]

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Walmart’s India e-commerce unit Flipkart suspends services due to lockdown

Walmart Inc’s Flipkart has actually suspended services, a notification on the Indian e-commerce company‘s website stated on Wednesday, as India started a 21- day lockdown to combat the spread of the coronavirus pandemic. On Tuesday, Flipkart’s move followed competitor Amazon India stated it would stop orders for non-essential items in India to focus on clients‘ […]

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Google launches coronavirus website in the United States

Alphabet Inc’s Google stated on Saturday it released a United States- focused website with details about coronavirus assistance and screening, as the nation deals with slowing the spread of the extremely infectious infection. The website (google.com/covid19), which includes links and resources concentrated on the possibly lethal breathing illness COVID-19, will be offered in more languages […]

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Amazon raises overtime pay for warehouse workers

Amazon com Inc stated on Saturday it is raising overtime pay for associates operating in its U.S. storage facilities as the world’s biggest online merchant attempts to satisfy the quickly growing need for online shopping from customers stuck at home throughout the coronavirus break out. Ceo Jeff Bezos, the world’s wealthiest individual, likewise stated on […]

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