Technology

(Reuters) – Tesla Inc (TSLA.O) told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut down of its U.S. production facilities because of the coronavirus outbreak. Tesla said it planned to resume normal…

(Reuters) – Amazon.com Inc (AMZN.O) will suspend a delivery service that aims to compete with UPS (UPS.N) and FedEx (FDX.N) in the United States. The online retailer told customers that the service, Amazon Shipping, will be paused starting in June,…

(Reuters) – Computer chip makers are banking on less disruptions to their factories from this week’s strict lockdown in Singapore than the havoc wreaked on their supply chains last month when Malaysia and the Philippines imposed vague restrictions about “essential”…

(Reuters) – Twitter Inc (TWTR.N) Chief Executive Officer Jack Dorsey on Tuesday pledged $1 billion of his stake in Square Inc (SQ.N), the payments processor that he co-founded and heads, to help fund relief efforts related to the coronavirus pandemic.…

(Reuters) – Facebook Inc on Tuesday launched a new messaging app for couples called “Tuned” that allows them to chat, share photos and music as well as have a timeline of shared memories. The app is currently available only on…

(Reuters) – Netflix Inc on Tuesday rolled out a number of features for parental control on its streaming platform, including options to filter out select titles and review what children are watching. The company also added a feature to protect…

WASHINGTON (Reuters) – Video conferencing company Zoom has been responsive to concerns over its software, the U.S. Department of Homeland Security (DHS) said in a memo recently distributed to top government cybersecurity officials and seen by Reuters. The memo –…

(Reuters) – WeWork’s owner, The We Company, has sued SoftBank Group (9984.T), challenging its largest shareholder’s decision to terminate a $3 billion tender offer for shares in the office-space sharing firm. An independent two-member special committee of The We Company’s…

(Reuters) – Mobile-only streaming service Quibi racked up more than 300,000

GDYNIA/NEW YORK/AMSTERDAM (Reuters) – The lockdown of millions of people at home across the globe due to the coronavirus should have been the perfect recipe for success for the burgeoning online meal delivery market. But some of the world’s largest…