YouTube will reduce the quality of videos around the world starting on Tuesday, an effort by the world’s most popular video site to ease Internet traffic during the coronavirus outbreak.
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A month ago, back when things made sense, Wall Street was convinced that when the rout came, high-priced technology stocks would lead the way down. That’s not how it’s playing out.
For years, television executives have fretted there is too much TV. Now, with the coronavirus looming large, they are worried there might not be enough.
Amazon.com will hire 100 000 people – and give US workers a $2/hour raise in an effort to meet crushing demand from customers placing online orders for household essentials.
If the US stock market is like a giant stone wall whose structural integrity depends entirely on the sturdiness of five tech megacaps, it didn’t act like it on Tuesday.
Amazon.com founder Jeff Bezos plans to spend $10-billion of his own fortune to help fight climate change. He will start giving grants later this year to scientists, activists and nonprofits working to protect the Earth.
Bill Gates paid Tesla a compliment for coaxing the car industry to go electric. If he was expecting kind words in return, he apparently shouldn’t have spoken about challenges that still lie ahead – or about his new Porsche.
A US federal judge temporarily blocked Microsoft from working on a $10-billion Pentagon cloud computing contract after Amazon.com asked for the delay, a surprise win for the company.
Oracle executive chairman Larry Ellison is making friends with his enemy’s enemy, who happens to be the President of the United States.
Jeff Bezos is on a shopping spree befitting the world’s richest man. The Amazon.com founder agreed to pay $165-million for a Beverly Hills mansion, according to a person with knowledge of the matter.