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Injunction

CA Judge Grants Preliminary Injunction Against Uber and Lyft

CA Judge Grants Preliminary Injunction Against Uber and Lyft Via CNBC: A California judge granted a preliminary injunction Monday requiring Uberand Lyft to stop classifying their drivers as independent contractors pending further action by the court. The order will take effect after 10 days, as the companies requested a brief stay during the appeals process. If upheld, the ruling could have serious implications for Uber and Lyft, both of which are not […]

today08/11/2020 17

TikTok Downloads

Twitter Enters TikTok’s US Operations Sweepstakes

Twitter Enters TikTok's US Operations Sweepstakes Via Newsmax: Twitter Inc has approached TikTok's Chinese owner ByteDance to express interest in acquiring the U.S. operations of the video-sharing app, two people familiar with the matter told Reuters, as experts raised doubts over Twitter's ability to put together financing for a potential deal. It is far from certain that Twitter would be able to outbid Microsoft Corp and complete such a transformative […]

today08/11/2020 4

Mulan

Mulan Moving To Disney+ Shows How COVID19 Changed Film Forever

Mulan Moving To Disney+ Shows How COVID19 Changed Film Forever The Verge's Julia Alexander has a great breakdown: Five months ago, I and many other people declared that despite Universal’s Trolls World Tour skipping theaters to premiere digitally, the idea of Disney exploring the same route with big blockbusters like Mulan was preposterous. I was wrong. Mulan, regarded as one of Disney’s biggest films of the year, will premiere exclusively on Disney […]

today08/07/2020 20

WeChat

Trump Takes Next Step On China With WeChat & TikTok Ban

Trump Takes Next Step On China With WeChat & TikTok Ban President Trump has taken the next step in his Cold War With China Via Reuters: U.S. President Donald Trump has unveiled sweeping bans on U.S. transactions with the Chinese owners of messaging app WeChat and video-sharing app TikTok, escalating a high-stakes confrontation with Beijing over the future of the global tech industry. The executive orders announced Thursday and effective […]

today08/07/2020 4

Nintendo

Nintendo Reports An Insane 428% Surge In Profits In Q1

Nintendo Reports An Insane 428% Surge In Profits In Q1 Via CNBC.com: Nintendo’s operating profits skyrocketed 428% in the fiscal first quarter, the company said Thursday, a wild jump that reflects just how much the video game industry has benefited from the coronavirus pandemic. The Japanese gaming giant reported operating profit of 144.7 billion yen ($1.4 billion) in the April-June quarter, smashing analyst expectations and representing a massive climb from […]

today08/06/2020 2

Southwest Airlines

Southwest Airlines Cuts Back On Covid-19 Cleanings

Southwest Airlines Cuts Back On Covid-19 Cleanings Via CNN.com: Southwest Airlines is throttling back on its passenger cabin cleaning procedures instituted because of the Covid-19 pandemic.   The changes -- such as no longer sanitizing seat belts between flights -- will reduce the time aircraft spend on the ground between flights, the airline told flight attendants in a memo obtained by CNN. Deep overnight cleanings will continue.   "As our […]

today08/05/2020 8

Square

Square Reports 64% Jump In Revenue In Post COVID19 World

Square Reports 64% Jump In Revenue In Post COVID19 World Via CNBC.com: Shares of Square soared on Tuesday evening after posting better-than-expected quarterly results and strong growth in its consumer payments app. The San Francisco-based company reported $1.92 billion in net revenue for the second quarter — a 64% year-over-year jump. Adjusted earnings per share came in at 18 cents, far better than the 5 cent loss analysts polled by […]

today08/05/2020 11

Lord & Taylor

Lord & Taylor Becomes Latest Casualty Of The Coronavirus Hysteria

Lord & Taylor Becomes Latest Casualty Of The Coronavirus Hysteria The Coronavirus Hysteria, which has crippled the U.S. economy and caused the population to vacuum seal their homes in an attempt to "stay safe" has claimed another victim: Via CNBC Lord & Taylor, one of America’s oldest department stores, has filed for bankruptcy, joining a growing list of stores slammed by the coronavirus pandemic. Tailored Brands, the parent company of […]

today08/03/2020 6

second quarter

COVID19 Hysteria Tanks US Economy In Second Quarter

COVID19 Hysteria Tanks US Economy In Second Quarter UPDATE: The initial numbers reported from Reuters in the story below are only partially correct.  This is a lie. GDP fell 9.5% in the 2nd quarter. 32.9% is the annualized number. How does @CNN allow it's reporters to blatantly lie like this? Sadly, numerous other reporters are spreading the same misinformation on twitter today. Journalistic standards are dead part 1000. https://t.co/cypvatzEDx — […]

today07/30/2020 9

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