Category Archives: (KFGO The Mighty 790) Technology
Colombia’s coronavirus app troubles show rocky path without tech from Apple, Google
By Paresh Dave and Stephen Nellis (Reuters) - Colombia has removed the contact-tracing feature in its official app for informing residents about the novel coronavirus after experiencing glitches, but ...
May 06, 2020
PayPal profit slumps as COVID-19 weighs on spending
(Reuters) - PayPal Holdings Inc posted a 87.4% slump in quarterly profit on Wednesday as COVID-19 lockdowns hit consumer spending and forced the payments processor to boost its credit loss reserves, s...
May 06, 2020
IAC revenue rises as home-bound take to online dating, video streaming
(Reuters) - IAC/InterActiveCorp reported an 11% rise in quarterly revenue on Wednesday, as its online dating business and video hosting platform added more stuck-at-home users. Surge in users in these...
May 06, 2020
Lyft revenue surprises with 23% rise, ‘on path to profitability’ despite coronavirus
By Akanksha Rana and Tina Bellon (Reuters) - Lyft Inc on Wednesday surprised investors with higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable as th...
May 06, 2020
T-Mobile beats first-quarter postpaid subscriber estimates
(Reuters) - T-Mobile US Inc added more monthly bill paying phone subscribers than expected in the first quarter, benefiting from customers becoming more price sensitive as unemployment in the United S...
May 06, 2020
U.S. lawmakers warn Trump against damaging U.S. chipmakers amid coronavirus crisis
By Karen Freifeld and Alexandra Alper WASHINGTON (Reuters) - A group of Senate Republicans is urging U.S. President Donald Trump to avoid hurting American chipmakers, which they see as essential to th...
May 06, 2020
Some U.S. city transit agencies turn to Uber as ridership drops during coronavirus crisis
By Tina Bellon (Reuters) - U.S. cities that have idled mass transit during coronavirus lockdowns are turning to an unusual partner to get essential workers to hospitals, warehouses and factories: ride...
May 06, 2020
Facebook names first members of oversight board that can overrule Zuckerberg
By Elizabeth Culliford (Reuters) - Facebook Inc's new content oversight board will include a former head of state, a Nobel Peace Prize laureate and several constitutional law experts and rights advoca...
May 06, 2020
Facebook’s Libra appoints HSBC legal chief Stuart Levey as CEO
(Reuters) - Libra Association, the entity managing the Facebook Inc-led effort to build global digital currency Libra, on Wednesday named Stuart Levey as its first chief executive officer. Levey is cu...
May 06, 2020
Zoom adds ex-Trump adviser, tech lobbyist to PR push
(Reuters) - Zoom Video Communications Inc on Wednesday named former White House National Security Adviser HR McMaster to its board and hired the policy chief of one of the tech world's big lobby group...
May 06, 2020
