Tag Archives: pandemic

(Bloomberg) — EBay Inc. raised its profit and sales forecasts for the year, but the new outlook disappointed investors who hoped the digital marketplace would take greater advantage of the surge in consumer spending during the pandemic. Shares declined as much as 6% in extended trading. The market reaction suggested investors are worried the spending bump on EBay could be fleeting as economies reopen and people return to work. A drop in federal stimulus money, which could trigger a pullback… Source link

Shares of Russian internet firm Yandex (NASDAQ:YNDX) are down 3% pre-market in U.S. trading despite beating Q2 estimates on the top and bottom line. Online ad revenue fell 15% Y/Y to RUB29.1M due to the coronavirus pandemic. Revenue from Yandex properties was down 11% (accounting for 49% of revenue), and ad network sales dropped 31% (10% of revenue.) The Taxi segment grew 42% Y/Y to account for 30% of total revenue, up nine percentage points on the year. The growth was primarily due to the… Source link

SAN FRANCISCO—Google will keep its employees home until at least next July, making the search-engine giant the first major U.S. corporation to formalize such an extended timetable in the face of the coronavirus pandemic. The move will affect nearly all of the roughly 200,000 full-time and contract employees across Google parent Alphabet Inc., and is sure to pressure other technology giants that have slated staff to return as soon as January. … Source link

Google employees will work from home at least until next July due to the coronavirus pandemic, a decision that makes the search engine company the first major U.S. corporation to commit to the year-long stay-at-home plan. According to a report in today’s Wall Street Journal, Google’s plan affects nearly all of the company’s 200,000 full-time and contract employees across Google parent Alphabet Inc. WaPo describes Google’s decision as among the “cautious camp of companies”… Source link

If your town is partly closed or you’re wary of travel during the Covid-19 pandemic, it might feel as if your phone’s map app is just sitting there gathering digital dust. But even if you’re not tapping Apple’s Maps or Google Maps to explore an exotic vacation spot or to belt out turn-by-turn directions on a long road trip this summer, your interactive travel aid can be useful. Here are a few things you can do. Find What’s Open (or Closed) Major American cities have been in varying… Source link

Back at the end of March, when the coronavirus was first surging in the United States, polls showed Americans felt similarly about both presidential candidates ability to handle the pandemic. Three months later, that’s changed, a new survey released from The Washington Post and ABC News finds. The poll, released Sunday, shows the presumptive Democratic nominee, former Vice President Joe Biden, holding a 20-point advantage over President Trump when it comes to which candidate voters trust more… Source link