Verizon Communications has agreed to buy video-conferencing company Blue Jeans Network, a rival of Zoom, for an undisclosed price.
Stories by Reuters
Prime Minister Jacinda Ardern has said that significant restrictions would be kept in place even if the country eases the nationwide one-month lockdown enforced to beat the spread of the coronavirus.
US Government officials have warned about the threat of North Korean hackers, calling particular attention to banking and other financial services.
The US Pentagon’s inspector general could not determine whether the White House influenced the award of a US$10 billion cloud computing contract to Microsoft over Amazon.
Zoom has tapped former Facebook security chief Alex Stamos as an adviser, as safety and privacy concerns about its fast-growing video-conferencing app drive a global backlash against the company.
Zoom has been slapped with a class action suit by one of its shareholders, accusing the video-conferencing app of overstating its privacy standards.
Video conferencing company Zoom has been responsive to concerns over its software, the US Department of Homeland Security has said.
The global leader in semiconductors is benefiting from higher demand for chips from laptop makers and data centres amid the coronavirus-driven shift to working from home.
Webex registered a record 324 million attendees in March as coronavirus-led lockdowns forced businesses to have employees work from home.
The government has moved to introduce new legislation to help companies facing insolvency due to the coronavirus pandemic to remain viable and keep people employed.
But the forecast drop in tech budgets may be less than initially feared as companies race to accelerate spending to support employees that now have to work from home.
Samsung Display has decided to end all of its production of liquid crystal display (LCD) panels in South Korea and China by the end of this year.
Google parent Alphabet has pledged to provide U.S.$340 million in Google ad credits to small and medium businesses active on its platform amid the COVID-19 crisis.
Apple's iPhone factories are largely up and running again, but with the coronavirus pandemic spreading across the world, the urgent question for the company is how many buyers there will be both for current models and the new slate of phones expected in the fall.
Microsoft has said it will sell its stake in AnyVision, an Israeli facial recognition startup, and said it no longer would make minority investments in companies that sell the controversial technology.
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