Edition:
United Kingdom

Munsif Vengattil

Amazon to use AI tech in its warehouses to enforce social distancing

17 Jun 2020

Amazon.com Inc on Tuesday launched an artificial intelligence-based tracking system to enforce social distancing at its offices and warehouses to help reduce any risk of contracting the new coronavirus among its workers.

Microsoft bans face-recognition sales to police as Big Tech reacts to protests

12 Jun 2020

Microsoft Corp said on Thursday it would await federal regulation before selling facial recognition technology to police, making it the latest big firm to back away from the business following protests against law enforcement brutality and bias.

Commvault settles with Starboard, adds 3 newcomers to board

08 Jun 2020

Data management software maker Commvault Systems Inc said on Monday it reached an agreement with Starboard Value that brings three newcomers onto the board and ends a two-month long proxy contest with the activist hedge fund.

Twitter names ex Google CFO Pichette as chair, Kordestani to stay on

03 Jun 2020

Twitter Inc on Tuesday appointed Patrick Pichette, a former chief financial officer at Google, as the social network's board chairman, marking the first time in Twitter's history that an outsider will preside over the group.

Box forecasts full-year revenue above estimates on remote-work boost

27 May 2020

Box Inc forecast annual revenue above analysts' estimates and beat targets for quarterly sales on Wednesday, as demand rises for its online collaboration tools due to the global shift to work from home caused by the COVID-19 pandemic.

Cisco's third quarter gets boost from demand for work-from-home apps

13 May 2020

Cisco Systems Inc beat quarterly revenue and profit estimates on Wednesday as COVID-19 lockdowns globally boosted demand for its remote-work tools and networking equipment, sending the Dow component's shares up nearly 3% after the bell.

Disney takes $1.4 billion coronavirus hit, sets date to reopen Shanghai park

06 May 2020

Walt Disney Co estimated on Tuesday that global measures to contain the coronavirus pandemic cut profits by $1.4 billion, mostly from its shuttered theme parks, but said it would reopen Shanghai Disneyland to a reduced number of visitors next week. | Video

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