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Airbnb is freezing marketing spending and slowing hiring as losses reportedly reach hundreds of millions of dollars

Airbnb has halted most teams to freeze hiring for the foreseeable future, according to a report in . Technical and essential roles are still open and moving through the process on a case by case basis, a source close to the company told Business Insider. An independent analysis of open roles showed that technical and contingent roles dropped sharply starting in January, and have continued to fall. Airbnb is among other startups struggling with an extreme decrease in revenue as people halt tra...
Tags: Google, Amazon, Lyft, Uber, Trends, Beverly Hills, Silicon Valley, Airbnb, Jeff Bezos, Signal, Cnbc, Airbnb Uber, Business Insider An, Jon Keidan, Torch Capital, Pitchbook data An Airbnb


Notarize to add 1,000 online notaries to address demand for remote transactions

Notarize, the platform that enables digital notarizations, announced that it is adding 1,000 notaries to address demand as more Americans are ordered to shelter in place because of the COVID-19 pandemic, but still need to sign important documents. The startup is partnering with the National Notary Association to verify notaries have been screened and have the necessary insurance or bonding. The service is available to Americans in all 50 states or abroad, but notaries must be physically located ...
Tags: Startups, TC, Business, Virginia, Tech, Cnbc, Documents, National Notary Association, Notarize, Pat Kinsel, Florida Nevada Texas, Kinsel, COVID-19, Online Notary


Tesla email reveals two employees have tested positive for COVID-19

Two Tesla employees, who had been working at home for nearly two weeks, have tested positive for COVID-19, according to an internal email sent Thursday morning by the company’s head of environmental, health, and safety department and viewed by TechCrunch . The employees were not symptomatic in the office, and both are quarantined at home and recovering well, according to the email from Tesla’s EHS department head Laurie Shelby. Their co-workers, who were already working from home for nearly...
Tags: TC, Twitter, Spacex, Elon Musk, New York, Email, California, Cars, Tech, Tesla, Supply Chains, Ceo, Automotive, United States, Transport, Buffalo


Tesla CEO Elon Musk: New York gigafactory will reopen for ventilator production

Tesla CEO Elon Musk said Wednesday that the company’s factory in Buffalo, New York will open “as soon as humanly possible” to produce ventilators that are in short supply due to the spread of the COVID-19 pandemic. His comments, which were made Wednesday via Twitter, follows previous statements by the CEO outlining plans to either donate ventilators or work to increase production of the critical piece of medical equipment needed for patients who are hospitalized with COVID-19, a respirator...
Tags: Health, Transportation, Elon Musk, New York, California, Cars, Tech, Tesla, Automotive, United States, Ford, United Kingdom, Fca, Gm, Nyt, Buffalo


Facebook's Portal TV Video Chat Device Was Mocked -- Now It's Completely Sold Out

jmcbain writes: When Facebook launched its Portal hardware product line for in-home video communication in 2018, people accused the company of being tonedeaf to the privacy uproar stemming from the Cambridge Analytica controversy. Tech reviewers almost universally dismissed the product, saying "No one should buy the Facebook Portal TV," "Trust Fail," and "Is it really a good idea to pitch people on a Facebook-powered camera and microphone in your home?" However, during this period of shelter-in-...
Tags: Facebook, Tech, Cnbc, Cambridge Analytica, Best Buy Facebook, Facebook Portal TV Trust Fail, Portal TV


Apple Donates Over 9 Million N95 Masks Stockpiled Because of California Wildfires

Apple over the weekend announced plans to donate millions of N95 masks to hospitals in the United States and Europe, and as it turns out, Apple had huge stores of masks on hand. According to U.S. Vice President Mike Pence, Apple donated over nine million N95 masks to healthcare professionals. Other tech companies like Facebook have also donated stockpiles of masks. For those wondering where all these N95 masks are coming from, it turns out that the state of California enacted a law requiring...
Tags: Iphone, Apple, Ios, Ipad, Facebook, Europe, Mac, California, United States, Rumors, Cnbc, Northern California, Occupational Safety and Health Standards Board, Mike Pence Apple


The FBI is promoting an at-home exercise app that also tracks your phone's location and data

The FBI has been promoting its fitness app to people stuck at home during the coronavirus outbreak. The app, FitTest, recommends routines for push-ups, sit-ups, and jogs. It also gathers information from people's phones, including location data and WiFi network information. The FBI's privacy policy states that users "are subject to having all of their activities monitored and recorded," but the FBI says the data it collects isn't personally identifiable. Visit Business Insider's homepage for ...
Tags: Apple, Trends, Fbi, Cnbc, FITTEST


Amazon Care to provide delivery and pick-up of at-home COVID-19 test sample kits in Seattle trial

Amazon is going to be working with a new research initiative backed in part by the Gates Foundation that will distribute at-home coronavirus assessment kits, and then deliver the collected samples to FDA-approved test facilities. Amazon Care, the health arm formed by Amazon initially for internal employee care, will be handling the delivery of the kits, as well as transportation of collected samples to the test labs, as first reported by CNBC. While the FDA updated its guidance just a few day...
Tags: Health, Amazon, TC, Transportation, Tech, United States, Food And Drug Administration, Flu, Fda, Viruses, Seattle, Cnbc, Gates Foundation, Greater Seattle, Amazon Care, Coronavirus


Weekend reading: Lockdown links for days

What caught my eye this week. I have seen a few stock market corrections and crashes up close. Yet it still amazes me the speed with which everything changes. One minute (actually it felt like one decade) you’re arguing with people who proclaim that high-quality government bonds have become riskier than shares, or that the sustainable withdrawal rate should be 0.04% higher. The next minute – WHOOSH! – the world’s major indices have fallen by 20-35% or more: FTSE All-Share. Note the swan div...
Tags: Google, Europe, UK, London, China, Marketing, US, Tesla, Bank Of England, Tesco, Earth, Bbc, Atlantic, Britain, NHS, Virgin Galactic


Private communications reveal how San Francisco and Austin struggled to recognize the coronavirus threat that endangered visitors to the cities' celebrated tech conferences

  San Francisco and Austin were faced with dilemmas as big conferences approached and coronavirus  emerged as a global threat. The mayor of San Francisco wrote a letter to RSA Conference attendees urging them to "set an example to prevent fear, rumors, and misinformation from guiding our actions."  Two attendees of the RSA Conference contracted the virus and one – who returned to Connecticut and became his state's first case – is seriously ill. Austin officials searched for the right SXSW poli...
Tags: Apple, Google, Texas, California, China, US, America, San Francisco, Trends, Austin, Connecticut, Who, World Health Organization, Ibm, Rsa, Cnbc


2020 MacBook Air Reviews Praise Magic Keyboard and Faster Performance at Lower $999 Starting Price

The media has got its hands on the new MacBook Air and first impressions of the notebook after a day or two of usage are largely positive. Following in the footsteps of the 16-inch MacBook Pro, the new MacBook Air features a redesigned Magic Keyboard with scissor switches that deliver 1mm of key travel for a comfortable and stable key feel. As with the 16-inch MacBook Pro, reviews find the keyboard on the new MacBook Air to be far better than the problematic butterfly keyboard of recent years. ...
Tags: Reviews, Apple, Intel, MacBook Air, Facetime, Cnbc, Cnet, Engadget, Dan Ackerman, Jason Snell, Brian Heater, Dana Wollman, Matt Hanson, Stuart Miles, Todd Haselton, MacBook Air Reviews Praise Magic Keyboard


'We must set an example to prevent fear' – how San Francisco and Austin's giant tech conferences became the front lines that kicked off a frenetic fight against the coronavirus

  San Francisco and Austin were faced with dilemmas as big conferences approached and coronavirus  emerged as a global threat. The mayor of San Francisco wrote a letter to RSA Conference attendees urging them to "set an example to prevent fear, rumors, and misinformation from guiding our actions."  Two attendees of the RSA Conference contracted the virus and one – who returned to Connecticut and became his state's first case – is seriously ill. Austin officials searched for the right SXSW poli...
Tags: Apple, Google, Texas, California, China, US, America, San Francisco, Trends, Austin, Connecticut, Who, World Health Organization, Ibm, Rsa, Cnbc


NYC mayor pleads with Elon Musk to start producing ventilators

New York City Mayor Bill de Blasio made a direct plea to Elon Musk, asking the CEO of Tesla and SpaceX to produce ventilators to help alleviate a shortage at hospitals gearing up to combat COVID-19. Updated below with comment from mayor’s office.  The mayor’s tweet came out of a discussion on Twitter that began Wednesday evening between Musk and Nate Silver, the author and editor-in-chief of @FiveThirtyEight. Musk, who has in the past downplayed COVID-19 in emails to employees and on s...
Tags: Health, Spacex, Elon Musk, Hardware, White House, New York City, Tech, Tesla, Ford, Gm, Bill De Blasio, De Blasio, Cnbc, Musk, Honeywell, Mike Pence


Tesla Told Employees to Show Up for Work on Wednesday Despite Shelter-in-Place Order

Electric car company Tesla asked employees to show up to work on Wednesday despite the ongoing coronavirus pandemic, including at its sprawling Fremont, California, production facility, according to emails obtained by CNBC.Read more...
Tags: Health, Elon Musk, Science, Technology, Tesla, Automotive, Outbreak, Automobiles, Electric, Cnbc, Fremont California, Coronavirus, Covid 19, Sars Cov 2, Social Distancing, Shelter At Work


NYSE will temporarily close its trading floor and move to electronic trading only

The New York Stock Exchange will close its trading floor on Monday, March 23 and fully move to electronic trading, the exchange’s operator Intercontinental Exchange announced today. The actual physical locations that will close are the NYSE equities trading floor in New York, the NYSE American Options trading floor in New York and the NYSE Arca Options trading floor in San Francisco. The organization says it took this step as a precautionary step to protect the health of traders and employees on...
Tags: New York, San Francisco, Tech, United States, New York Stock Exchange, Cnbc, Nyse, Cunningham, Intercontinental Exchange, Stacey Cunningham, NYSE Arca Options, NYSE American Options


Fox is buying Tubi for at least $440 million. Here are 8 other media and streaming-TV companies experts say could be acquired this year. (NFLX)

Deal activity around ad-supported streaming services like Tubi and Vudu is ramping up in 2020, as media companies look for ways to bolster their emerging streaming offerings. Fox is paying at least $440 million to acquire Tubi, the company said in a filing on March 17. Business Insider compiled a list of other companies that media strategists and advisers say could be acquired this year — though this is speculation and not all these companies are discussing deals. They include companies like X...
Tags: Apple, Amazon, Facebook, Hbo, Disney, US, NFL, Trends, Walmart, Power, Discovery, Fox, Netflix, Comcast, Mtv, Sony


European Union Will Close External Borders For 30 Days To Slow Coronavirus Pandemic

German Chancellor Angela Merkel announced on Tuesday that European Union member nations will close EU's external borders for 30 days to slow the spread of the coronavirus pandemic. CNBC reports: Movement of people within European Union member nations will be still be allowed under the restrictions. "The union and its member states will do whatever it takes," said European Council President Charles Michel. Michel said the EU will arrange for the repatriation of citizens of member countries. Break...
Tags: Angela Merkel, Tech, Eu, European Union, Cnbc, European Council, Charles Michel Michel


Administration expands telemedicine for Medicare and encourages health plans to boost offerings

The U.S. government is moving to lift restrictions on telemedicine services and expand coverage to all Americans, even as many providers say they’re struggling to meet existing demand. The expansion covers roughly 62 million Medicare beneficiaries who are among the most vulnerable to the novel coronavirus. “This action is a part of our broader effort to ensure that government requirements, [and] rules and regulations don’t get in the way of patient care during an emergency,” said Seema Verma in ...
Tags: Health, TC, New York, Technology, US Government, White House, Tech, United States, Medicare, Skype, Infection, Telemedicine, Cnbc, Doctor On Demand, HIPAA, Beam


Daily Crunch: Trump to propose $850B stimulus

President Trump is preparing a massive stimulus proposal, Amazon adjusts to COVID-19 and HashiCorp is now valued at more than $5 billion. Here’s your Daily Crunch for March 17, 2020. 1. Trump administration proposes $850B stimulus package to stabilize the economy The Trump administration is heading to Congress to ask for an $850 billion stimulus package to stabilize an economy shaken by the dramatic response to the novel coronavirus. Citing multiple sources, stories in The Washington Post, The N...
Tags: Amazon, Spacex, Congress, Senate, White House, Tech, Policy, Nbcuniversal, Treasury, Donald Trump, HashiCorp, Cnbc, Universal Pictures, Falcon, Trump, Focus Features


Trump administration proposes $850 billion stimulus package to stabilize the economy

The Trump administration is heading to Congress to ask for a $850 billion stimulus package to stabilize an economy shaken by the dramatic response to the novel coronavirus, according to multiple reports. Citing multiple sources, stories in the Washington Post, New York Times, and CNBC report that Treasury Secretary Steven Mnuchin is presenting details to Senate Republicans later on Tuesday. While the specifics of the planned stimulus package are limited, the White House is pushing for a payroll ...
Tags: TC, Utah, Congress, Senate, White House, America, Tech, Arkansas, House Of Representatives, Treasury, Mitt Romney, Medicare, The Washington Post, Medicaid, Cnbc, Trump


Tesla Begins Model Y Deliveries

Tesla has begun deliveries for its Model Y crossover SUV, the company announced on Twitter Monday, matching analyst expectations on timing. CNBC reports: Tesla's announcement comes as many companies are being forced to revise their product timelines, and shift their manufacturing plans as the COVID-19 pandemic shuts down normal business operations around the world. The accomplishment marks a win for Tesla, which has previously fallen short of self-imposed, start of delivery deadlines. Users have...
Tags: Tech, Tesla, Cnbc, FREMONT, Tesla CEO Elon Musk, Tesla Motors Club


France Orders People To Stay At Home For 15 Days Due To Pandemic

Willy English shares a report from CNBC: The president of France on Monday said he was ordering people in the country to stay at home for up to 15 days because of the coronavirus outbreak. President Emmanuel Macron said people should leave their homes only for essential duties, beginning midday Tuesday. Macron said he was taking the drastic step of limiting people's movements in France to reduce the risk of contamination from the virus. He said any violation of the edict would be punished. Macro...
Tags: France, Tech, Canada, Cnbc, Justin Trudeau, Emmanuel Macron, Macron


The Many Things Trump’s Friday COVID-19 Presser Got Wrong

Just how bad was it? If you’re measuring as compared to reality, President Trump’s Friday presser missed the mark by a very, very wide margin. Let’s break it down into two key areas. President Trump and his gathered officials and CEOs made claims about two broad topics: the supposedly impending availability of mass coronavirus testing, and a website which would help effectuate that. The first area saw President Trump insist that the Food and Drug Administration had granted expedited approval ...
Tags: Google, News, California, Food And Drug Administration, Santa Clara, Cnbc, Alphabet, Trump, World Health Organization WHO, San Mateo, Roche, Centers for Disease Control CDC, Google Trump, Severin Schwan, Muckraker, Josh Kovensky


Apple's Stock Has Plunged 25% in Just Over One Month Amid Coronavirus Pandemic

Apple's stock opened at $241.31 today, down over 25 percent from a closing price of $327.20 on February 12. After the opening bell, stock market trading was automatically suspended for 15 minutes due to an over seven percent decline in the S&P 500. Apple's stock price has seen wild fluctuations due to the COVID-19 coronavirus pandemic, with shares now rebounding above $250 on the intraday market. BREAKING: All U.S. stocks halted as S&P 500 plunges 7% https://t.co/SW5sJS1gxf pic.twitter.com/...
Tags: Apple, Cnbc, Aapl


Apple's Stock Has Plunged Over 25% in Just Over One Month Amid Coronavirus Pandemic

Apple's stock opened at $241.31 today, down over 25 percent from a closing price of $327.20 on February 12. After the opening bell, stock market trading was automatically suspended for 15 minutes due an over seven percent decline in the S&P 500. Apple's stock price has now plunged over 25 percent in just over one month after reaching a closing price of $327.20 on February 12. BREAKING: All U.S. stocks halted as S&P 500 plunges 7% https://t.co/SW5sJS1gxf pic.twitter.com/wKDDBUvl1c— CNBC Now (@C...
Tags: Apple, Cnbc, Aapl


French Regulators Fine Apple $1.2 Billion for Anti-Competitive Behavior

France's competition watchdog on Monday fined Apple 1.1 billion euros ($1.23 billion) for anti-competitive behavior in its distribution network and an abuse of economic dependence on its resellers, reports Reuters. At the same time, France's Competition Authority also levied fines of $84.7 million and $69 million against Apple wholesalers Tech Data and Ingram Micro for their roles in the anti-competitive practices. In announcing its largest ever fine, the Competition Authority's president, Is...
Tags: Apple, Featured, France, Antitrust, Cnbc, Authority, Reuters, Competition Authority, Ingram Micro, First Apple, Isabelle de Silva


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Monday. Google's parent company Alphabet launched a pilot website through its company Verily to help screen and distribute tests for COVID-19 on Sunday, CNBC reports. The tests are limited to Bay Area cities for now, and users have log in using Google. President Trump addressed the website launch on Sunday, and appeared to chide Google by dropping a company statement onto the floor. Trump caused some media confusion by announcing the we...
Tags: Apple, Google, Facebook, Spacex, Elon Musk, China, US, Trends, Michael Dell, Airbnb, Dell, Minecraft, Wall Street Journal, Cnbc, Alexa, Alphabet


Responding to Coronavirus, Apple Closes All Apple Stores Outside China

Willy English writes: Apple will be temporarily closing its stores outside Greater China until March 27 but its online stores will still be open. In a tweet, CEO Tim Cook said that "we must do all we can to prevent the spread of COVID-19...." He added that the iPhone-maker will also be committing $15 million to help with the recovery. [Apple is also matching employee donations two-to-one to support COVID-19 response efforts locally, nationally and internationally.] All of Apple's stores in C...
Tags: Apple, China, Tech, Tim Cook, Cnbc, Greater China


IBM and AT&T Tell Employees To Work From Home

Slashdot reader Willy English quotes CNBC: AT&T is asking all of its employees who have the ability to work remotely to do so until further notice, as the coronavirus spreads across the globe. The company will be announcing new procedures and safeguards for employees who canâ(TM)t work from home, AT&T CEO Randall Stephenson said in a note sent to employees Friday. AT&T is one of the largest employers in the United States, and has 245,000 global employees. Meanwhile, a local U.S. news sta...
Tags: Tech, United States, Ibm, Cnbc, AT T, KIMT, Randall Stephenson


130-hour weeks, years without vacation, and the 3.45am wakeup: The work habits of Elon Musk, Tim Cook, and the Silicon Valley elite

Tech CEOs and executives in Silicon Valley display unique traits that inform the success of their companies, and which might seem pretty extreme to the average person. Most normal people couldn't manage 3.45am wakeups or going without vacation for almost 10 years. We looked at the habits of 10 tech CEOs, founders, and execs who have developed seemingly strange or unique habits in a bid to keep their companies successful. Visit Business Insider's homepage for more stories. When you run the mos...
Tags: Apple, Google, Elon Musk, Cook, Microsoft, Yahoo, California, Trends, Tesla, Bloomberg, New York Times, Bill Gates, Larry Ellison, Tim Cook, Mark Cuban, Silicon Valley



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