Sunday, April 12, 2020

PayPal and Intuit say they have been approved by the Small Business Administration to distribute funds from its $350B emergency lending program (Kate Rooney/CNBC)

Kate Rooney / CNBC:
PayPal and Intuit say they have been approved by the Small Business Administration to distribute funds from its $350B emergency lending program  —  - PayPal and Intuit are among the first non-bank, fintech companies to be approved for the Small Business Association's emergency lending program.



Global PC shipments fell 8% in Q1 2020 despite surge in demand: Report

As the world began dealing with a massive remote workforce coupled with millions of kids taking classes online at home during the COVID-19 lockdowns, demand for PCs soared in Q1 2020 but the health crisis caused severe delays in production and logistical issues, leading to worldwide PC shipments falling over 8 per cent (Year-on-Year) in the first quarter this year - the largest decline since Q1 2016. https://ift.tt/3cbAuBo

Huawei lost over $60-70 million on Mate Xs foldable phone

Huaweis consumer business CEO Yu Chengdong has revealed that the company has so far lost around $60 to $70 million dollars in selling the Mate Xs foldable smartphone, even though it is priced at 16,999 Yuan ($2,267). https://ift.tt/3b38sYA

Australians, New Zealanders observe Easter online and in backyards

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The Simpsons Begins Streaming April 15 on Disney+ Hotstar

Wednesday, April 15 - that's the release date for all 31 seasons of The Simpsons on Disney+ Hotstar in India. The Simpsons Movie, Playdate with Destiny will also be available. https://ift.tt/2K26MTu

Russia Space Chief Spars With Elon Musk Over Launch Pricing

The head of Russia's space agency on Saturday accused Elon Musk's SpaceX of predatory pricing for space launches, which is pushing Russia to cut its own prices. https://ift.tt/2RvisSU

Virus-hit Oyo puts Masayoshi Son's $2 billion guarantee at risk

Oyo is freezing operations around the world and furloughing thousands of employees as it struggles to survive the coronavirus pandemic. https://ift.tt/2yfiqHJ https://ift.tt/eA8V8J

Apple books new Corona domain name after Google collaboration

Apple has booked a domain name called AppleCoronavirus.com, after the iPhone maker and Google last week announced a joint effort to enable the use of Bluetooth technology to help governments and health agencies reduce the spread of the new coronavirus. https://ift.tt/2VlQBFP

Coronavirus in India: Live helpdesks, central and state helpline numbers and email IDs you need to know

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Govt using telemedicine to reduce doctors' exposure

Details of patients, who are otherwise healthy, are sent to doctors who then advise workers on how to manage the patients https://ift.tt/2ycjKuY https://ift.tt/eA8V8J

Sources: after handing over to the new CEO, Bob Iger effectively returned to run Disney in March, as the pandemic decimated its most profitable businesses (Ben Smith/New York Times)

Ben Smith / New York Times:
Sources: after handing over to the new CEO, Bob Iger effectively returned to run Disney in March, as the pandemic decimated its most profitable businesses  —  The former C.E.O. thought he was riding into the sunset.  Now he's reasserting control and reimagining Disney as a company with fewer employees and more thermometers.



Telcos warn of full service breakdown in virus hotspots

Telecom operators seek urgent intervention of DoT to ensure free movement of service teams in a bid to provide uninterrupted mobile and internet connectivity in these sealed locations https://ift.tt/2Xy4SSm https://ift.tt/eA8V8J

Privacy groups feel Aarogya Setu's not all that transparent

IFF raised concerns about information collection, purpose limitation, data storage, institutional divergence, and transparency and audibility. https://ift.tt/2V4hZco https://ift.tt/eA8V8J

PE & VC deal-making set for further dip in June quarter

Many investors have put deals on hold as they see the impact of Covid-19 on the economy, stock markets and specific sectors as well. https://ift.tt/3eahbKu https://ift.tt/eA8V8J

With govt's new portal on the way, all HCQ info may just be a click away

Govt to roll out portal 'Covid-med' that will offer information on drug availability, where to buy it https://ift.tt/3b7V0CI https://ift.tt/eA8V8J

Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture and will focus on existing products and distribution channels (Alex Weprin/The Hollywood Reporter)

Alex Weprin / The Hollywood Reporter : Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture...