The Federal Communications Commission (FCC) on Wednesday approved Alphabet Inc unit Google's request to use part of an U.S.-Asia undersea telecommunications cable after the company warned it would face significantly higher prices to carry traffic by other means.
Global automakers reeling from the COVID-19 pandemic are accelerating efforts to restart factories from Wuhan to Maranello to Michigan, using safety protocols developed for China and U.S. ventilator production operations launched in recent weeks.
Walt Disney Co said on Wednesday that Disney+ has attracted more than 50 million paid users, with 8 million of them coming from India where the video streaming service was rolled out last week.
U.S. crude futures rose as much as 6% in early trade on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as global oil demand has collapsed amid the coronavirus pandemic.
Five Democratic lawmakers on Wednesday wrote Amazon.com Inc to raise concern about its firing of a worker who protested warehouse operations during the coronavirus pandemic, according to a copy of the letter seen by Reuters.
The German foreign ministry has restricted use of the video conferencing service Zoom to fixed-connection desktop computers because of "critical" security and data protection weaknesses, the newspaper Handelsblatt reported on Wednesday.
U.S. Senator Kelly Loeffler said on Wednesday she would liquidate her individual stock share positions after the wealthy Republican and her husband were criticized over sales of millions of dollars in stock during the coronavirus outbreak.
World equity markets surged and oil prices jumped on Wednesday on hopes the coronavirus pandemic is getting close to peaking and that more government stimulus measures could be on the way.
Oil prices pulled back Wednesday, with benchmark Brent turning negative as U.S. crude inventories surged the most on record, but the pullback was muted by hopes that a meeting between OPEC and allied producers on Thursday will trigger output cuts.
The U.S. Health and Human Services Department (HHS) on Wednesday awarded two contracts worth more than $1 billion to make ventilators needed to treat severely sick coronavirus patients and plans to announce five additional contracts later this week.
Zoom Video Communications Inc has tapped former Facebook security chief Alex Stamos as an adviser to improve the privacy and security of its rapidly growing video-conferencing app amid a global backlash, including a move by Alphabet Inc's Google to ban the desktop version of Zoom from corporate laptops.
Ferrari said on Wednesday it was piloting a project to conduct voluntary screening of employees and their families for coronavirus once the supercarmaker's factories in Italy reopen.
A Hong Kong-based activist investor in Toshiba Corp has asked the Japanese conglomerate to sell its entire stake in Kioxia Holdings when the flash memory chip firm is listed in an IPO that could raise up to $32 billion, according to a letter reviewed by Reuters.
China's Ucar Inc, in which Luckin Coffee Chairman Charles Zhengyao Lu is the biggest shareholder, suspended trading of its shares on Tuesday after regulators questioned the car service provider about how the alleged fraud at Luckin would impact it.
The coronavirus outbreak has left millions of Americans without a job. Here's how to get a new one.