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April 8, 2020

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CNBC Business

Pinterest shares jump as company issues early Q1 guidance

CNBC
by CNBC03
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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CNBC Business

iQiyi accused of fraud by Wolfpack, Muddy Waters which targeted Luckin

CNBC
by CNBC02
CNBC – For more and to sign up click here Yu Gong, founder and CEO of China-based iQiyi, rings the opening bell at Nasdaq MarketSite in Times Square. Spencer Platt | Getty Images News | Getty Images Chinese video streaming site iQiyi has been accused of fraud and inflating its......
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CNBC Business

Tesla will slash employee pay, furlough hourly workers

CNBC
by CNBC045
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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CNBC Business

NBA players could refund millions to owners, sources say

CNBC
by CNBC05
CNBC – For more and to sign up click here Blake Griffin of the Detroit Pistons Leon Halip | Getty Images National Basketball Association owners could get some financial relief in the form of of returned pay in any compensation deal with players, according to multiple people with knowledge of......
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CNBC Business

Trump blames internet companies like Amazon for Postal Service demise

CNBC
by CNBC04
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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CNBC - Real Estate

DocuSign CEO Dan Springer on the activity trends among its customers

CNBC Real Estate
by CNBC Real Estate06
DocuSign CEO Dan Springer said Tuesday the company has not noticed a decline in activity among its clients in the real estate industry despite the economic shock from the coronavirus.  “Real estate is an interesting one because while a lot of people are concerned there is going to be a......
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CNBC Business

Google G Suite passes 6 million customers

CNBC
by CNBC04
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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CNBC Business

Airbnb guests complain it’s hard to get coronavirus refunds

CNBC
by CNBC06
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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CNBC Business

WeWork sues SoftBank over withdrawal of $3 billion tender offer

CNBC
by CNBC06
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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CNBC Business

5 things to know before the stock market opens April 7, 2020

CNBC
by CNBC09
CNBC – For more and to sign up click here 1. Dow set to surge after closing 1,600 points higher New York Stock Exchange building is seen at the Financial District in New York City, United States on March 29, 2020. Tayfun Coskun | Anadolu Agency | Getty Images Dow......
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CNBC Business

How this self-made billionaire built a pandemic-proof business

CNBC
by CNBC07
CNBC – For more and to sign up click here When the #stayathome hashtag emerged on social media last month in response to governments successively announcing coronavirus containment measures, Min-Liang Tan was ready. The Singaporean entrepreneur had already commissioned a run of isolation-inspired posters printed with the words “stay home and game......
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CNBC Business

Razer billionaire Min Liang Tan built a pandemic-proof gaming business

CNBC
by CNBC05
CNBC – For more and to sign up click here Business is booming for gaming giant Razer, as large swathes of the globe stay indoors to combat the coronavirus. CNBC Make It’s Karen Gilchrist spoke to the company’s self-made billionaire co-founder, Min Liang Tan, to hear how he’s pivoting his......
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CNBC Business

Facebook to help researchers track if social distancing is working

CNBC
by CNBC017
CNBC – For more and to sign up click here Social Connectedness between US Zip Codes and East Village, NY (Zip Code 10003). Source: Facebook Facebook is launching new tools that use anonymized location data collected from users to show whether people are adhering to social distancing measures designed to......
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CNBC Business

UK cell towers set on fire amid 5G conspiracy theories

CNBC
by CNBC011
CNBC – For more and to sign up click here A mobile phone mast on January 8, 2020 in Cardiff, United Kingdom. Matthew Horwood | Getty Images Several cell towers in the U.K. have been set on fire and engineers harassed amid the spread of online conspiracy theories that link......
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CNBC Business

How NYC public schools are shifting online during the coronavirus

CNBC
by CNBC08
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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CNBC Business

Rocket startup Astra trims staff to survive pandemic until next year

CNBC
by CNBC021
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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CNBC Business

Animal Crossing to sourdough — How we’re spending time

CNBC
by CNBC012
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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CNBC Business

MLM sellers asking for donations for health workers: marketing ploy

CNBC
by CNBC010
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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CNBC Business

‘Syndromic surveillance’ useful to track pandemics like COVID-19

CNBC
by CNBC020
CNBC – For more and to sign up click here Dr. Farzad Mostashari presenting on syndromic surveillance. Farzad Mostashari When Dr. Farzad Mostashari was the assistant commissioner for the New York City Department of Health in the early 2000s, he did something unprecedented. To keep tabs on the spread of......
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