ViacomCBS to Raise $2.5 Billion in New Debt as Slump Pressures Earnings
ViacomCBS will be under pressure to cut its dividend and sell major assets, to cut costs.
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Networks Will Need to Add Capacity to Handle Extra Internet Traffic
A report says that the connections between internet networks are close to bursting with all the extra demand from homebound workers and families.
Troubled Getaround Lays Off More Staff
It's the car rental firm's second round of layoffs this year and is the latest example of how the travel industry has been hurt by the coronavirus.
Tesla Furloughs Employees Amid Coronavirus-Related Demand Slowdown
Tesla appears to be the first automaker to furlough employees amid the fallout from coronavirus shutdowns and the sudden slowdown in demand for cars.
LinkedIn Pauses Most Hiring
The 16,000-person, Microsoft-owned company received 1 million applications last year.
TV Viewing Up 18% Last Week
As more people are stuck at home, live TV viewing is on the rise, but the question is for how long.
More Board Changes at Facebook
Facebook's board looks very different than it did a year ago, with the company announcing yet another departure and a new lead director.
Apple’s Next Generation iPhone May Be Delayed Until 2021
Disruptions to Apple’s supply chain amid and economic uncertainty due to the global coronavirus pandemic are among Apple’s top reasons for considering a delay.
Slack’s Butterfield Posts Inside Look at Life in Pandemic Era
In a series of Tweets, Butterfield described intense demand for Slack's workplace chat product in recent weeks.
NYC Uber Driver Dies From Covid-19 as Court Affirms ‘Gig’ Worker Unemployment Ruling
Financial relief is in sight for "gig" workers who are now out of a job due to coronavirus quarantines.
China to Ban Foreign Visitors, Restrict Carriers to One Weekly Overseas Flight
The restrictions will have a negative impact on Apple and any company relying on a steady stream of overseas employees to support their operations in China.
NBCU CEO Has Tested Positive for Coronavirus
Jeff Shell, who was just named CEO late last year, has tested positive for the virus.
ViacomCBS Stock Plunge Forces Redstones to Renegotiate With Lenders
ViacomCBS' stock started falling before the coronavirus pandemic and is down around 65% this year.
Huawei Founder Braces for More U.S. Sanctions
As Huawei grapples with both the coronavirus pandemic and U.S. sanctions, its global expansion faces many hurdles.
Chinese Hackers Increased Attacks in Early Days of Coronavirus
The timing of the attacks coincided with the outbreak of the coronavirus in China.
Ninth Amazon Warehouse Has Employee With Coronavirus
The proliferation of cases raises the question of whether Amazon could be forced to shutter warehouses at a time demand is surging.
Seed Investment Drops 22% Since January
The decline is likely to have a long term impact on the startup ecosystem and could lead to a reduction in startup acquisitions.
Cybersecurity Experts Say Coronavirus Hacks May be Delayed
While millions of people working from home would seem to spell opportunity for hackers, cybersecurity experts expect attacks to take time to materialize.
Startups May Not Qualify For Stimulus Funds
Venture-backed startups are likely to be excluded from the $2 trillion stimulus package awaiting Senate approval, an industry group fears.
OfferUp Raises $120 Million, Acquires Competitor
The funding will help the company through these chaotic times.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy