For Telegram, CoWIN Vaccine Alert Bots Provided Unplanned Growth

Telegram got an unexpected boost in new signups, taking it from number 19 on the App Store to number one, and from number four on Google Play to number two, thanks to a huge number of new signups... https://ift.tt/3ycy29s

Apple Supplier Foxconn Teams Up With Fisker to Build Electric Cars in US

Foxconn announced it has teamed up with American electric car startup Fisker to build a factory in the United States with a goal to start producing vehicles in late 2023. https://ift.tt/3eT9xXz

Foxconn Rides Boost in Work-From-Home Demands to Post Soaring Profit

Foxconn, that assembles iPhone units for Apple, reported first-quarter profit soared past estimates amid the work-from-home boom spurred by the COVID-19 pandemic that has stoked demand for devices... https://ift.tt/2RQuzwK

Bitcoin Price Drops After Report Binance Under US Probe, Tesla Fallout

Bitcoin fell to a more than two-month low in the wake of Tesla chief Elon Musk reversing his stance on accepting the digital currency, selling off for a second straight session on news of a US probe... https://ift.tt/3hoAt2Z

Facebook Faces Prospect of Data Transfer Ban After Irish Ruling

Ireland's data regulator can resume a probe that may trigger a ban on Facebook's transatlantic data transfers, the High Court ruled, raising the prospect of a stoppage that the company warns would... https://ift.tt/2RZBeF6

Bay Area tech companies racked up ~$1B on real estate impairments in the pandemic for their vacated spaces; Dropbox took $416M, Salesforce $216M, Airbnb $149M (Ari Levy/CNBC)

Ari Levy / CNBC:
Bay Area tech companies racked up ~$1B on real estate impairments in the pandemic for their vacated spaces; Dropbox took $416M, Salesforce $216M, Airbnb $149M  —  - The amount of available sublease office space in San Francisco more than tripled during the pandemic, and tech companies are paying the price.