Federal Guidance Appears to Still Exclude Startups From Loans
Guidance issued by the Small Business Administration late Friday offered some clarity but no final answers on whether startups qualify for stimulus loans.
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Layoffs Hit Minted, a Benchmark-Backed Online Stationery Marketplace
Minted, an online greeting card business backed by Benchmark Capital, has laid 147 employees due to a coronavirus-related slowdown.
Pressure Ramps Up on Global Essential Worker Rules
Groups representing technology companies are increasing pressure on foreign governments to classify essential tech workers the way the U.S. does.
Bustle Lays Off Staff and Shuts Down The Outline
Bustle is likely to be one of many digital media outlets that have to cut staff amid the coronavirus crisis
Disney Announces New Theatrical Release Dates
The earliest release date is Mulan, which will now come out at the end of July
Amazon Is Planning to Postpone its Annual Prime Day Sales Event
The postponement shows that merchants on Amazon's platform may feel the ripple effects of the pandemic for months.
Zoom CEO Mulls Open Source Code, Stripping Trackers From Platform
The potential changes come as the high-flying videoconferencing company has been criticized for security holes
Google to Use Location Data to Fight Virus
The company will tap its vast stores of user data to produce anonymized reports showing to what degree communities are practicing social distancing.
Airbnb Cuts Internal Valuation 16% to $26 Billion
The valuation cut reflects the decline in Airbnb's business caused by the pandemic.
Apple Extends Store, Office Closures Through Early May
The prolonged closures are a challenge because of Apple’s secretive culture, hardware focus and dependence on Chinese manufacturing.
Disney to Furlough Employees
The decision affects employees whose jobs are “not necessary at this time.”
Carmakers Show Big Sales Decline; Tesla Surprises
Like many other consumer products, car sales saw colossal declines in March.
GitHub Suffers Outage Amid Microsoft Cloud Capacity Crunch
Code-sharing service was unavailable for some users for nearly an hour for reasons that aren't yet clear.
Apple Accidentally Confirms Tile Competitor
AirTags have been rumored for quite awhile, though Thursday’s leak is the clearest indication that they may be coming soon.
More People Likely to Cancel Streaming Service Before Cable, Survey Shows
If the economy continues to sour, streaming services may be the first thing that many customers give up, according to a recent survey by Kagan.
Senior Amazon Executive Suggested Smear Campaign Against Warehouse Employee
Notes from a meeting that included senior Amazon executives show the company's attempt to manage bad press around its treatment of workers, according to Vice.
Venture Capital-Backed Startups to Be Eligible for Stimulus Loans
House Minority Leader Kevin McCarthy offered some hope for venture capital-backed startups wishing to secure loans from the federal government.
Google to Start Allowing More Covid-19 Ads Amid Democratic Pushback
Democrats had argued that Google’s ad block shielded President Trump and his administration from critique.
Amazon Says It Has Already Hired 80,000 More Workers
The hiring spree comes after the company said on March 16 would bring on 100,000 more workers to help meet a jump in demand during the coronavirus pandemic.
Weekday mornings
The Information AM by The Information Staff
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