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April 8, 2020
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Breaking News: Technology

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Pinterest shares jump as company issues early Q1 guidance

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CNBC – For more and to sign up click here A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning that Pinterest makes its initial public offering on April 18, 2019. Spencer Platt | Getty Images Shares of Pinterest jumped as......
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Tesla will slash employee pay, furlough hourly workers

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CNBC – For more and to sign up click here Tesla will cut pay for all of its employees and will furlough all hourly workers until May 4, when it intends to resume production of electric cars, according to an internal e-mail that multiple employees shared with CNBC. Health orders......
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Trump blames internet companies like Amazon for Postal Service demise

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CNBC – For more and to sign up click here President Donald Trump speaks about the administration’s response to the coronavirus disease (COVID-19) outbreak during the daily coronavirus task force briefing at the White House in Washington, April 5, 2020. Joshua Roberts | Reuters President Trump said on Tuesday that......
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Google G Suite passes 6 million customers

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CNBC – For more and to sign up click here Google CEO Sundar Pichai speaks during a conference in Brussels on January 20, 2020. Kenzo Tribouillard | AFP | Getty Images Google’s G Suite bundle of productivity software for businesses, schools and governments had over 6 million paying businesses in......
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Airbnb guests complain it’s hard to get coronavirus refunds

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CNBC – For more and to sign up click here Airbnb CEO Brian Chesky at The New York Times Dealbook event on November 6, 2019. Credit: Mike Cohen/ The New York Times Last month, Airbnb promised to issue full cash refunds to qualifying travelers whose trips had been impacted by......
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WeWork sues SoftBank over withdrawal of $3 billion tender offer

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CNBC – For more and to sign up click here SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son speaks during a press conference on November 6, 2019 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images WeWork is suing SoftBank after SoftBank withdrew its $3 billion tender offer, the company......
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How NYC public schools are shifting online during the coronavirus

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CNBC – For more and to sign up click here An exterior view of Robert F Wagner Middle School after Mayor Bill de Blasio announced that New York City’s public school system will be shut down Monday March 16 as the coronavirus continues to spread across the United States on......
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Rocket startup Astra trims staff to survive pandemic until next year

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CNBC – For more and to sign up click here Astra tests a rocket at its headquarters on the San Francisco Bay in Alameda, California. Astra Rocket builder Astra, a San Francisco-area startup, recently reduced its staff through a mix of furloughs and layoffs in order to survive delays caused by......
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Animal Crossing to sourdough — How we’re spending time

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CNBC – For more and to sign up click here Sara’s jigsaw puzzles Sara Salinas Like office workers across much of the U.S., CNBC’s reporters, editors and producers just wrapped up their third full week working from home, doing our part to help slow the spread of the coronavirus. The......
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MLM sellers asking for donations for health workers: marketing ploy

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CNBC – For more and to sign up click here Arbonne products Source: Arbonne Multilevel marketing company distributors are asking for cash donations so they can buy their own supplies to give to first responders, doctors and nurses and others on the front lines of the COVID-19 pandemic. But experts......
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Coronavirus hurts Silicon Valley caterers and event businesses

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CNBC – For more and to sign up click here Daniel Chan is among a number of small-business owners who rely on the tech industry’s parties and conferences and are now staring at blank calendars with no idea of when they will be able to return to their livelihoods. Courtesy......
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Tesla dismissing contractors from Fremont, Nevada factories: sources

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CNBC – For more and to sign up click here Tesla Chief Executive Office Elon Musk speaks at his company’s factory in Fremont, California. Noah Berger | Reuters Tesla is letting go of contractors from its U.S. car and battery plants, according to three workers and correspondence shared with CNBC.......
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Bezos’ Blue Origin says it is hiring, denies report of possible layoffs

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CNBC – For more and to sign up click here Blue Origin’s manufacturing facility in Cape Canaveral, Florida. Michael Sheetz | CNBC Jeff Bezos’ space company Blue Origin told its workforce on Friday that it will not be laying off employees during the coronavirus crisis and instead plans to continue......
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Zoom will default to waiting rooms for meetings to keep out crashers

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CNBC – For more and to sign up click here Eric Yuan, CEO, Zoom Video Communications Source: CNBC Zoom’s usage has increased so quickly and unexpectedly during the COVID-19 crisis that the videoconferencing company has struggled to adequately protect customers from the internet’s bad actors. The company is now addressing......
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Zoom probed by three states for potential privacy violations

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CNBC – For more and to sign up click here Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., speaks during the BoxWorks 2019 Conference at the Moscone Center in San Francisco, California, U.S., on Thursday, Oct. 3, 2019. Bloomberg At least three states are probing Zoom......
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Google launches social distancing tracking site using location data

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CNBC – For more and to sign up click here Sundar Pichai, CEO, Google Denis Balibouse | Reuters Google has launched a new website that uses anonymous location data collected from users of Google products and services to show the level of social distancing taking place in various locations. The......
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Facebook to add 10,000 new workers by end of 2020

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CNBC – For more and to sign up click here Facebook Chief Operating Officer Sheryl Sandberg speaks on stage during Facebook session at the Cannes Lions 2019 : Day Three on June 19, 2019 in Cannes, France. Richard Bord | Getty Images Facebook COO Sheryl Sandberg on Thursday told CNBC......
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Free HBO TV shows, movies and documentaries coming April 3

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CNBC – For more and to sign up click here Logan Roy, played by Brian Cox, at his daughter’s wedding reception on season 1 of HBO’s Succession. Colin Hutton | HBO AT&T WarnerMedia’s HBO will offer a bunch of TV shows and movies for free beginning on Friday. Customers will be......
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ClassPass reduces staff by half as coronavirus drives fitness home

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CNBC – For more and to sign up click here ClassPass is launching a free app with audio workouts. Source: ClassPass ClassPass told employees Thursday it was laying off or furloughing just over half of its staff as social distancing measures slashed its revenue, the company confirmed to CNBC. The......

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