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Live COVID-19 updates: Italy records highest daily coronavirus recoveries

The following are the updates on the global fight against the COVID-19 pandemic. ROME -- Italy on Thursday recorded the highest daily number of coronavirus recoveries since the emergency started in

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Global Business Daily: Eurozone crash, Shell dividend cut

"As containment measures are gradually lifted, these scenarios foresee a recovery in economic activity although its speed and scale remain highly uncertain."It might not strike you as the most hopefu

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A new pro bono portal just launched for lawyers looking to help people hit hard by the pandemic

The coronavirus pandemic has laid low a lot of Americans, more than 62,000 of whom have already died since the beginning of March and 30 million more who are now out of work owing to the resultant shu

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Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago

Amazon has been one of the biggest names synonymous with how the consumer masses are experiencing life under lockdown: its site lets you buy anything from soup to nuts, from books to baking pans for a

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AWS hits $10B for the quarter putting it on a $40B run rate

AWS, the cloud arm of Amazon would be a pretty successful business on its own. Today, the company announced it has passed $10 billion for the quarter, putting the cloud business on an impressive run

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New Red Hat CEO Paul Cormier faces a slew of challenges in the midst of pandemic

When former Red Hat CEO Jim Whitehurst moved on to become president at parent company IBM earlier this month, the logical person to take his place was long-time executive Paul Cormier. As he takes ov

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During a pandemic, some companies struggle to provide the community they promise

Achieving a sense of community has been the pursuit of businesses trying to attract the experience-over-items millennials and Gen Z who want their consumerism to have a positive impact on the world. “

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Lyft ends electric scooter operations in Oakland, Austin and San Jose

Lyft, which just had a massive round of layoffs where 982 people lost their jobs and 288 were furloughed, is also pumping the brakes on its scooter operations in a handful of cities.In an email sent t

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Google under fire for squeezing travel startups hit by coronavirus refunds

Google is facing anger from the German startup ecosystem for refusing to restructure ad payments linked to travel and transport bookings that were subsequently wiped out by the coronavirus crisis.Tec

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Great Hill Capital: U.S. economy may rebound quicker than expected

03:48 The U.S. economy may rebound faster than many are expecting given the government's massive stimulus being pumped in and the positive momentum prior to the coronavirus pandemic, a

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Moscow: UN Weapons Embargo on Iran Can't Be Prolonged Despite US Efforts

The US secretary of state previously announced that Washington will be going to great lengths to prevent Iran from buying conventional weapons even if the UN embargo on

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Update: China actively cooperating with Syria to combat COVID-19: envoy

Syrian tailors make face masks at a vocational institute in Damascus, capital of Syria, on April 26, 2020. (Photo by Ammar Safarjalani/Xinhua)"China is actively cooperating with Syria to combat the vi

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Hackers hit Chegg for the third time since 2018

Chegg has confirmed its third data breach in the past three years.The education tech giant, which last year was acquired by Thinkful for $80 million, said hackers stole 700 current and former employee

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Spotify’s catalog tops a million podcasts, consumption increased by ‘triple digits’ over last year

Spotify’s podcast business is booming despite — or perhaps, because of — the COVID-19 pandemic. The company says it has now grown its podcast catalog to over a million shows, up fro

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UK privacy and security experts warn over coronavirus app mission creep

A number of UK computer security and privacy experts have signed an open letter raising transparency and mission creep concerns about the national approach to develop a coronavirus contacts tracing ap

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Americans are on their own during the pandemic

A woman wearing face mask is seen shopping at a supermarket in Foster City, the United States, April 22, 2020. /Xinhua Editor's note:Bradley Blankenship is a Prague-based American journalist,

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As Uber reportedly contemplates layoffs, a look back at its post-IPO financial performance

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Yesterday news broke that Uber’s CTO Thuan Pham would leave the company (co