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Deliveroo cuts ~15% of staff as coronavirus challenges food delivery

Is it feast or famine for food delivery startups during the coronavirus pandemic? The UK’s Deliveroo has confirmed it’s axing more than 350 staff — or around 15% of its global headc

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France postpones parliament debate on contact-tracing app

Earlier today at the National Assembly, French Prime Minister Édouard Philippe gave a lengthy speech about post-lockdown measures in France ahead of a debate with deputies. The government originally p

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Germany ditches centralized approach to app for COVID-19 contacts tracing

Germany has U-turned on building a centralized COVID-19 contacts tracing app — and will instead adopt a decentralized architecture, Reuters reported Sunday, citing a joint statement by chancelle

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New York City needs $7.4 billion to offset COVID-19 losses: mayor

New York City Mayor Mayor Bill de Blasio. New York City needs a $7.4 billion in federal aid to offset economic losses from the COVID-19 pandemic, Mayor Bill de Blasio said on Sunday.De Blasio

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Donald Trump cuts daily briefing short after day of mockery over disinfectant comments

Donald Trump cut off his daily coronavirus briefing without taking questions after a day of mockery over his suggestion disinfectant could cure coronavirus.The US presi

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White House touts testing progress in abruptly short press briefing

Vice President Mike Pence on Friday said more than 5 million Americans have now been tested for the deadly coronavirus as President Trump surprised observers by abruptl

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The disinfection of American leadership

U.S. President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Washington, DC, April 22, 2020. /AP Editor's note: Dr. John Gong is a profes

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Instacart has a problem with third-party apps letting shoppers pay for early access to orders

Kara Carmichael has been an Instacart shopper for years in Orlando, Fla. It’s how she’s been able to support her family, she told TechCrunch. But she says she has noticed an increase in t

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NBCUniversal makes its content and ads more shoppable with a new Checkout experience

NBCUniversal is introducing a new way to incorporate commerce into the viewing and reading experience, which it calls NBCUniversal Checkout.The new product is part of the company’s One Platform

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AT&T loses 897K more pay TV subscribers in Q1 2020, adding pressure to HBO Max launch

ATT gave a first look into how the pay TV business is faring amid the coronavirus pandemic…and it’s not great. The company reported today as a part of its Q1 2020 earnings that its traditi

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How social distancing is changing the way people are dating

"We don't know who needs to hear this, but now is NOT the time to go out with your date to a bar," online dating giant OkCupid wrote to its users on social media. "FaceTime, Skype, call, text, messag

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Global Business Daily: Oil slide, Apple expansion, BMW in China

"Our plant is back to a two-shift operation and we see a very strong recovery."That's Jochen Goller, the head of German car brand BMW's China operations. He gave an interview to CGTN Europe to explai

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Software companies give back ground after an impressive rebound

Software as a service companies, modern software firms often referred to by the acronym ‘SaaS,’ had a tough day in the public markets. The basket of companies, as tracked by Bessemer̵

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Coronavirus-related Facebook support groups reach 4.5M in U.S, as misinformation and conspiracies spread

Facebook has already come under fire for hosting groups organizing anti-quarantine protests in response to government lockdowns amid the coronavirus outbreak, and those promoting fake coronavirus cur

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And then there was one: Co-CEO Jennifer Morgan to depart SAP

In a surprising move, SAP ended its co-CEO experiment yesterday when the company announced Jennifer Morgan will be exiting stage left on April 30th, leaving Christian Klein as the lone CEO.The pair t

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Green shoots for software companies

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.This morning we’re hunting up “green shoots” for software compan

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Saudi Arabia is the winner from oil’s historic price plunge, analysts say

Saudi Arabia will be best positioned to weather the impact of an unprecedented collapse in U.S. oil prices, energy analysts told CNBC on Tuesday.It comes at a time when