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COVID-19
Below is a collection of our content on the topic of COVID-19.
Workers at an Amazon fulfillment center in the U.K. sit behind partition screens in a break room in October. Photo by Bloomberg
Exclusive
Policy COVID-19

Amazon Drops Pandemic Test to Track Warehouse Workers Through Wi-Fi

By Mark Di Stefano · Nov. 30, 2020 6:01 AM PST
Amazon has promised to spend billions of dollars this year on safety precautions to protect the workers in its warehouse facilities from the coronavirus pandemic. But it has quietly abandoned a test of one such safety measure that involved tracking the location of warehouse workers through their personal cell phones, The Information has learned.... Amazon has promised to spend billions of dollars this year on safety precautions to protect the...
Briefing
Semiconductors Enterprise

HP Inc. Shares Jump 9% as PC, Printer Sales Surge

Nov. 24, 2020 · 3:16 PM PST
The sales increase reflects how the shift to working and learning from home is affecting consumers' purchasing decisions.
Art by Jesse Howe
Startups Google

The Information’s Top 10 ‘Tech’ Gifts for 2020

By The Information Staff · Nov. 23, 2020 9:02 AM PST · 2 comments
Like many of our subscribers, the reporters and editors at The Information have been working from home during the coronavirus pandemic over the past eight months. That explains why many of the products and services we are recommending this year in our annual gift guide have a distinct remote-work vibe. On the list of our top 10 favorite gifts is... Like many of our subscribers, the reporters and editors at The Information have been working from...
Brex co-CEO Henrique Dubugras, Dropbox CEO Drew Houston and Splunk CEO Doug Merritt. Photos: Bloomberg
Tech CEOs Are Saying Goodbye to San Francisco
By Cory Weinberg, Kate Clark and Zoë Bernard · Nov. 23, 2020 6:02 AM PST · 2 comments
Brex co-CEO Henrique Dubugras, Dropbox CEO Drew Houston and Splunk CEO Doug Merritt. Photos: Bloomberg
Exclusive
Real Estate Economy

Tech CEOs Are Saying Goodbye to San Francisco

By Cory Weinberg, Kate Clark and Zoë Bernard · Nov. 23, 2020 6:02 AM PST · 2 comments
Splunk, Dropbox and Brex followed similar formulas as they grew from small startups to established companies. To attract employees and customers, each set up elaborate San Francisco offices and plastered billboards for its services around the city. Dropbox three years ago leased a giant new office building on the city’s eastern edge.... Splunk, Dropbox and Brex followed similar formulas as they grew from small startups to...
Briefing
Cloud Enterprise

Microsoft to Offer Free 24-Hour Video Calls

Nov. 20, 2020 · 12:11 PM PST
The move is the latest example of how Microsoft is positioning Teams as an alternative to Zoom's video conferencing service.
Briefing
AI Enterprise

AI Startup DataRobot Reveals New Funding, Preps for IPO

Nov. 17, 2020 · 3:07 PM PST
DataRobot, which is in some ways similar to IBM Watson in terms of selling to companies in various industry segments, may soon go public.
A Domio promotional photo from 2019. Photo via Business Wire
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Venture Capital Travel

Rental Startup Domio Faces Likely Shut Down After Failing to Raise Funds

By Paris Martineau · Nov. 17, 2020 12:26 PM PST · 3 comments
Domio, a short-term rental startup founded in 2016, has laid off most of its staff, is looking to sell its assets and could shut down, according to two investors in the company and documents viewed by The Information. After failing in an effort to raise at least $10 million in capital, the company laid off the majority of its employees earlier... Domio, a short-term rental startup founded in 2016, has laid off most of its staff, is looking to...
Briefing
Markets Travel

Airbnb’s Revenue Fell 18% in Q3, but Cash Pile Grew

Nov. 16, 2020 · 2:57 PM PST
The company’s revenue drop wasn't nearly as steep as online travel competitors Booking Holdings and Expedia Group.
Airbnb CEO Brian Chesky. Photo: Bloomberg
Exclusive
Travel Markets

Airbnb to Show Profit Improvement in Q3

By Cory Weinberg · Nov. 16, 2020 12:18 PM PST
A key measure of Airbnb’s profit rose by about two-thirds in the third quarter compared with the same period a year earlier, in a sign the travel rental site has controlled costs amid the pandemic-induced squeeze. The company’s operating profit before depreciation, amortization and stock compensation expenses rose to about $500... A key measure of Airbnb’s profit rose by about two-thirds in the third quarter compared...
Briefing
Enterprise Microsoft

Microsoft: Hackers Targeting Firms Developing Covid-19 Vaccines

Nov. 13, 2020 · 3:38 PM PST
The warning comes two months after Microsoft raised the alarm about hackers in Russia, China and Iran aiming to disrupt the presidential election.
Briefing
Startups COVID-19

Instacart, U.S. Grocery Delivery Leader, Plans Early 2021 IPO

Nov. 12, 2020 · 8:51 PM PST
Late-stage tech firms continue the mad dash to go public
Briefing
Cloud Enterprise

Cisco’s Sales Dip 9%, But Big Deals Picking Up

Nov. 12, 2020 · 2:15 PM PST
Cisco's data center hardware business has been hard-hit by Covid-19, but CEO Chuck Robbins says there's light at the end of the tunnel.
A pedestrian walks past an Apple retail store in Shenzhen. In recent months, Apple has resumed sending some U.S. employees to China to meet with its manufacturing partners. Photo: Associated Press
Exclusive
Travel COVID-19

Apple’s U.S. Staff Return to China, Encouraged by Cash Bonuses

By Nick Bastone and Wayne Ma · Nov. 11, 2020 6:00 AM PST
A longstanding corporate road warrior is returning to China: the Apple employee. In recent months, Apple has resumed flying U.S. employees to China to work with the manufacturers that make most of its iPhones, Macs and iPads, according to seven current and former Apple employees and people working for its partners. These voluntary visits, which... A longstanding corporate road warrior is returning to China: the Apple employee. In recent...
Briefing
Cloud Enterprise

Datadog Sales Jump 61% in Q3, Stock Drops 10%

Nov. 10, 2020 · 3:05 PM PST
Datadog, one of the top companies in the fast-growing part of the cloud market known as application monitoring, is being closely watched by investors.
Briefing
Cloud Enterprise

Dropbox Sales Up 14% But Paying User Growth Slows

Nov. 5, 2020 · 2:46 PM PST
Dropbox is continuing to attract more paying users, but metrics like user growth and average revenue per user slowed compared to last quarter.
In typically tourist-filled Prague, Czech Republic, a man crosses a nearly empty Old Town Square. Photo: AP
Slump in City Travel Raises Risk Airbnb Hosts Will Look Elsewhere
By Cory Weinberg · Nov. 5, 2020 6:01 AM PST
In typically tourist-filled Prague, Czech Republic, a man crosses a nearly empty Old Town Square. Photo: AP
Exclusive
Travel Startups

Slump in City Travel Raises Risk Airbnb Hosts Will Look Elsewhere

By Cory Weinberg · Nov. 5, 2020 6:01 AM PST
Airbnb’s business in big cities shrank in late summer compared with a year earlier, previously unreported figures show, as the coronavirus pandemic kept the brakes on urban travel. The steep decline has raised concern inside Airbnb that some hosts might abandon the platform permanently, which would reduce the number of listings and make it... Airbnb’s business in big cities shrank in late summer compared with a year earlier,...
Briefing
Entertainment Asia

Nintendo Raises Annual Forecast For Net Profit By 50%

Nov. 5, 2020 · 1:42 AM PST
The revised forecast shows how video gaming is a major beneficiary of the pandemic, which has boosted demand for at-home entertainment.
Briefing
AI Startups

Robotics Startup Kindred AI Acquired for $262 Million

Nov. 3, 2020 · 10:25 AM PST
British online grocery firm Ocado Group has acquired Kindred AI, which developers industrial robotic arms for use in e-commerce warehouses.
Briefing
Cloud Enterprise

Dropbox CTO Departs a Year After Joining

Oct. 30, 2020 · 3:10 PM PDT
Dropbox, which is facing long-term declines in revenue growth and paying customers, won't be hiring a new CTO.
Briefing
Media/Telecom Asia

Samsung Warns of Decline in 4Q Profit

Oct. 29, 2020 · 1:38 AM PDT
Samsung’s warnings indicate that demand for consumer electronics hit its peak last quarter.