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Tag: coronavirus
Dow rallies to hit 30,000 milestone on positive COVID vaccine news
The Dow rallied on Tuesday, breaking above 30,000 for the first time ever, as the momentum rally continued amid positive COVID vaccine news…
Apple supplier Foxconn to invest $1 billion in India
Foxconn plans to invest up to $1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones…
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Nearly 80 cell towers burned in UK over 5G conspiracy theories
Almost 80 cell towers have reportedly been burned down in the UK due to coronavirus conspiracy theories that blame the COVID-19 outbreak on 5G tech…
Apple data shows shelter-in-place is ending, regardless of government directives
Regardless of government COVID-19 coronavirus directives, Apple data shows shelter-in-place is ending and re-opening is underway…
Anti-5G anger sparks wave of arson attacks across Europe
Conspiracy theory-fueled opposition to 5G network technology percolated online for years. Then the coronavirus outbreak hit, sparking arson attacks…
Bill Gates: Getting a COVID-19 vaccine by 2H21 would be ‘history-making achievement’
Getting a safe and effective COVID-19 vaccine by second half 2021 would be “history-making achievement,” Microsoft co-founder Bill Gates says…
Oil prices jump, clawing back some of the recent losses
Oil jumped 40% at the high on Wednesday, recovering from early losses in a volatile overnight trading session that saw international benchmark Brent crude…
Oil drops below $1 a barrel; lowest level in history
U.S. crude oil prices plunged to their lowest level in history, below $1 a barrel, due to an historic slump in demand from the COVID-19 coronavirus pandemic…
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Why the stock market could boom this year with its biggest rally ever
The stock market, before Wednesday, rallied strongly as the coronavirus curve flattened. Imagine, now, the magnitude of the rally …
Apple registers AppleCoronavirus.com domain name
Apple has recently registered the domain name AppleCoronavirus.com, according to a WHOIS record which indicates that Apple took possession of the domain…
Apple sources over 20M face masks to support COVID-19 response
Apple CEO Tim Cook today announced via Twitter that Apple has now sourced over 20 million face masks to support the global COVID-19 response…
Senate Democrats question Apple about COVID-19 screening app
Several U.S. Senate Democrats are questioning Apple CEO Tim Cook about the privacy of the company’s new COVID-19 screening app and website…
U.S. payrolls plunge 701,000 in March, unemployment rate rises to 4.4%
U.S. non-farm payrolls in March fell by 701,000 and the unemployment rate rose to 4.4%. Some two-thirds of the drop came in the hospitality industry…
Morgan Stanley lowers Apple price target to $298, suggests buying the dip
Morgan Stanley analyst Katy Huberty has trimmed her Apple price target to $298 from $328 while suggesting clients buy the dip.The title of …
U.S. Apple Retail Stores closed until ‘early May’
Apple will keep all of its retail stores in the United States closed until at least May. The company had announced last month that it would be shutting…
New research pegs COVID-19 death rate at 0.66%
The question of how many people die after being infected with SARS-CoV-2 coronavirus, the COVID-19 death rate, has been a moving target as testing and data…
China hid data showing severity of COVID-19 coronavirus outbreak
According to three U.S. officials, China hid data showing severity of COVID-19 coronavirus outbreak, under-reporting both the total cases and deaths…
Apple to continue to pay hundreds of contract workers during COVID-19 shutdown
Hundreds of Apple contract workers at its Silicon Valley campus will continue to receive paychecks even with their jobs being suspended as work…
S&P 500 set for worst first quarter since 1938
The S&P 500 on course for its worst first quarter since 1938, even as Wall Street seemed to steady on Tuesday as investors returned to stocks that are…
Xiaomi claims China smartphone sales already close to full recovery
Chinese smartphone maker Xiaomi Corp is seeing signs of a sales recovery in China, it said on Tuesday, as the country claims it is returning to normal…
Apple iPhone factories are up and running, but demand questioned
Apple iPhone assembler’s factories are largely up and running, but with the coronavirus pandemic spreading across the world, the question is how much demand…
Apple releases new COVID-19 app and website in partnership with White House Coronavirus Task Force, CDC, and FEMA
Apple today released a new screening tool and set of resources, including a new COVID-19 app and website, to help people stay informed…
Apple triples length of free trials for its pro creative apps
Apple announced today that they are temporarily extending the free trials on their pro creative apps, Final Cut Pro X and Logic Pro X, from 30 days to…
Dow rockets out of bear market, enters new bull market
The Dow Jones Industrial Average tumbled into a bear market in a mere 19 trading days. Mere days later, welcome to the new bull market!
Surging traffic from coronavirus lockdown is causing an internet slowdown
Due to coronavirus lockdown, surging traffic is slowing down the internet. As China locked down some provinces to contain the spread of the coronavirus…
Coronavirus could be seasonal, slowed by warm weather, new research finds
The COVID-19 coronavirus pandemic may be may be slowed by warm weather from the upcoming changing of the seasons, several preliminary studies suggest…
US Senate approves $2 trillion coronavirus relief bill
The US Senate passed an historic $2 trillion coronavirus relief bill Wednesday night, as it tries to stem the destruction the pandemic has wrought…
US unemployment claims surge to 3.28 million, shattering record
US unemployment surged to 3.28 million last week, shattering a decades-old record in jobless claims as the coronavirus pandemic forced businesses…
Apple considering delaying launch of 5G iPhone by months, report claims
Apple is considering the possibly of delaying the launch of its first 5G iPhones as the coronavirus pandemic disrupts the company’s production schedule…
Smartphone sales fell 14% in February amid coronavirus pandemic
In February, global smartphone sales plummeted 14% as the coronavirus spread in China and overseas, Counterpoint Research said on Thursday…
Apple donates 10M face masks in U.S. and millions more in Europe
Apple CEO Tim Cook announced via Twitter today that the company has sourced and will be donating 10 million face masks for the U.S. and millions more…
Bernie Sanders threatens to hold up emergency coronavirus relief bill
The prospect of a planned Senate vote on a $2 trillion stimulus package in response to the coronavirus pandemic dimmed Wednesday as Senator Bernie Sanders …
Coronavirus to add 5% to streaming service subscriptions in 2020
Although the longer term impact of the coronavirus remains uncertain, early evidence suggests that a boost to streaming service subscriptions usage…
Coronavirus model shows vast majority of infected suffer little or no illness
A new epidemiological COVID-19 coronavirus model from Oxford’s Evolutionary Ecology of Infectious Disease group suggests the vast majority of people…
Vice President Pence: Apple donates 9 million N95 protective masks
Vice President Mike Pence said that Apple has pledged to donate 9 million N95 respirator masks to healthcare facilities across the U.S.…
Dow soars to close up 11% in best day since 1933
The Dow Jones Industrial Average soared on Tuesday, logging its best day in 87 years as the Trump administration neared agreement on a $2 trillion…
Analysts lower Apple estimates due to weakening demand
Analysts at Piper Sandler and Oppenheimer on Tuesday lowered their expectations for Apple’s sales in the first half of 2020 due to widespread disruptions…
YouTube temporarily limits video streaming quality worldwide
Starting today, YouTube will temporarily limit video quality around the world starting Tuesday in an effort to ease internet traffic during…
Stocks jump on stimulus bill hopes, President Trump’s reopening signal
After Trump on Tuesday signaled he was eager to reopen the economy and amid hopes that U.S. lawmakers were close to an agreement, stocks jumped …