Uber axes nearly a THIRD of its staff: CEO confirms ANOTHER 3,000 job cuts in email to employees – as rides drop 80% due to coronavirus Dara Khosrowshahi confirmed to employees on Monday that 45 offices were closing The closures mean another 3,000 staff around the world will be laid off In the first week … Read more
Elton John has $1 MILLION donation to his AIDS foundation ‘COVID emergency fund’ MATCHED by Twitter CEO Jack Dorsey amid the ongoing pandemic By Ellie May Donohoe For Mailonline Published: 19:48 BST, 13 May 2020 | Updated: 19:48 BST, 13 May 2020 Elton John has had his $1 million donation to his AIDS foundation’s COVID … Read more
Boeing’s CEO is predicting that a major US airline will go under by the end of the year and says it will take between three to five years for the industry to bounce back as a result of the coronavirus pandemic. In an interview with NBC’s Today on Tuesday, CEO Dave Calhoun said the … Read more
On the heels of an early announcement that coronavirus patients given Gilead’s Ebola drug remdesivir fared better than those who didn’t get the treatment, the company’s CEO, Daniel O’Day, deemed the results a cause for ‘hope at a time when it is badly needed,’ in an open letter obtained by Fox News. ‘Positive data’ from … Read more
The antiviral remdesivir has shown promise for treating coronavirus, and the head of the drug’s maker, Gilead Sciences, said he’s committed to ensuring anyone who needs the drug will have access to it. ‘We’re going to work very closely with the government and with health care systems to make sure that it’s accessible, that it’s … Read more
On the heels of an early announcement that coronavirus patients given Gilead’s Ebola drug remdesivir fared better than those who didn’t get the treatment, the company’s CEO, Daniel O’Day, deemed the results a cause for ‘hope at a time when it is badly needed,’ in an open letter obtained by Fox News. ‘Positive data’ from … Read more
Netflix CEO Reed Hastings’ fortunes continue to rise as a new SEC filing reports the streaming service’s co-founder received a total of $38 million in 2019. Hasting’s total pay package last year was up 16 per cent from what he was paid in 2018, reports Netflix in its annual proxy statement Wednesday. Hastings’ most recent … Read more
Former CEO and managing director of Selfridges Roy Stephens, 85, dies in Connecticut hospital from coronavirus Roy Northway Stephens was living at New Canaan nursing home in Connecticut Passed away at Norwalk Hospital on April 14 after catching Covid-19 last mont At the peak of his career he became one of the giant’s of the … Read more
Twitter co-founder and chief executive Jack Dorsey said Tuesday he was committing $1 billion of his personal fortune to coronavirus relief through his philanthropic fund. Dorsey, 43, revealed in a series of tweets that he would transfer his equity in his digital payments group Square to his limited liability corporation Start Small, contributing around 28 … Read more
Zoom is becoming an essential service for millions of Americans who are self-isolating in order to limit the spread of the coronavirus, but hackers are using the tool for their own agendas. Internet trolls are ‘Zoom-bombing’ calls by displaying pornographic and racists content while users hold work conferences, online teaching sessions and even alcohol anonymous … Read more