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Articles related to "companies"


Facebook cancels its annual F8 conference due to coronavirus concerns - Business Insider

  • Facebook has canceled its annual F8 conference due to concerns over the novel coronavirus outbreak.
  • Normally the biggest event of the year for the California social networking giant, F8 was due to be held in San Jose in May 2020, but on Thursday the company announced that the "in-person component" of the event would be canceled.
  • The cancellation highlights how COVID-19, the disease caused by the coronavirus, is causing increasingly widespread disruption and uncertainty for major businesses as it continues to spread across the globe.
  • Facebook itself pulled out of the March 9 Global Marketing Summit, a 5,000-person marketing conference held in San Francisco.
  • Facebook's business has already been affected by the COVID-19 outbreak.
  • Facebook's announcement follows the cancellations of other high-profile conferences this month.
  • Several major companies including Unity and Microsoft have pulled out of the Game Developers Conference scheduled for March 16.

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Facebook cancels its annual F8 conference due to coronavirus concerns - Business Insider

  • Facebook has canceled its annual F8 conference due to concerns over the novel coronavirus outbreak.
  • Normally the biggest event of the year for the California social networking giant, F8 was due to be held in San Jose in May 2020, but on Thursday the company announced that the "in-person component" of the event would be canceled.
  • The cancellation highlights how COVID-19, the disease caused by the coronavirus, is causing increasingly widespread disruption and uncertainty for major businesses as it continues to spread across the globe.
  • Facebook itself pulled out of the March 9 Global Marketing Summit, a 5,000-person marketing conference held in San Francisco.
  • Facebook's business has already been affected by the COVID-19 outbreak.
  • Facebook's announcement follows the cancellations of other high-profile conferences this month.
  • Several major companies including Unity and Microsoft have pulled out of the Game Developers Conference scheduled for March 16.

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Microsoft Joins Apple, HP in Scrapping Outlooks on Virus

  • In a statement Wednesday, the company said it doesn’t expect to meet earlier guidance for fiscal third-quarter revenue in the Windows personal-computer software and Surface device business because the supply chain is returning to normal at a slower pace than expected.
  • For the first time, more cases were reported in countries other than China in the past 24 hours, the World Health Organization said late Wednesday, a significant development as new cases spread around the globe, with South Korea, Italy and Iran particularly hard hit.
  • Microsoft will have to account for supply issues with its Surface devices and lost software sales from Windows on PCs made by other manufacturers who may be facing the same production and parts challenges in China.
  • The spread of the virus outside of China also raises the chances of impact of work shutdowns, quarantines, store closures, and conference and meeting cancellations in other countries where technology and other global firms have a significant presence.

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Ford’s Spin electric scooters are coming to Europe

  • Spin, the dockless electric scooter company purchased by Ford in 2018, is expanding beyond the US.
  • TechCrunch reports that the company is launching its electric scooter rental service in Cologne, Germany this Spring, with launches in other German cities planned to follow.
  • Its website says that it currently operates in 62 cities and 20 campuses across the country.
  • In Cologne alone, TechCrunch notes that Spin will be competing against three other ride-sharing companies; Bird, Lime, and Circ.
  • As of last December, there were seven micromobility startups operating in cities around the country.
  • Beyond Germany, the company is also interested in entering other European markets, and has reportedly applied for a permit to operate in France.
  • Although it is also exploring ways of entering the British market, this will be difficult while electric scooters remain illegal for use on public roads in the country.

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Hustle Fund's Elizabeth Yin discusses 2020's fundraising landscape

  • On the heels of her conversation-driving Twitter thread on 2020’s venture fundraising climate, Hustle Fund’s Elizabeth Yin converted her thoughts into an op-ed for TechCrunch.
  • What follows is an interview between Yin and myself that came after I read her piece (which you can find here), digging into venture capitalist fear, the ability of established founders to raise outsized rounds, her advice on growth and how some Series A and Series B-stage companies posting impressive revenue expansion might be nigh-unfundable in this, the new fundraising reality.
  • Elizabeth Yin: Taking a step back, I think we have to ask ourselves, what is even the place of venture capital in the first place?
  • And when you think about the original venture capital industry, you know, decades ago, those VCs were taking big, big bets, like at those moments in time during the 90s, or even before that, for some of the chip companies or even Apple Computer, there were many bets happening there.

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Grab your ticket: Only one week to TC Sessions: Robotics + AI 2020

  • It’s T-minus one week to the big day, March 3, when more than 1,000 startuppers will convene in Berkeley, Calif.
  • for TC Sessions: Robotics + AI 2020.
  • We’re talking a hefty cross-section representing big companies and exciting new startups.
  • Don’t miss out on this one-day conference of interviews, panel discussions, Q&As, workshops and demos dedicated to every aspect of robotics and AI.
  • Snag your ticket now and save, because prices go up at the door.
  • Save 15% when you buy four or more tickets.
  • And — new this year — don’t miss watching the finalists from our Pitch Night competition.
  • With just one more week until TC Sessions: Robotics + AI 2020 kicks off, you don’t have much time left to save on tickets.
  • Buy your ticket now and join the best and brightest for a full day dedicated to all things robotics.

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Cloud Giants Fuel Another Data Center Leasing Surge

  • Informa PLC's registered office is 5 Howick Place, London SW1P 1WG.
  • Nikitha Sattiraju (Bloomberg) -- Demand for cloud services from big companies has spurred the leasing and construction of U.S. data centers to a record.
  • The data center capacity leased in 2019 jumped 33% from a year earlier to a record 396.4 megawatts, according to a report from CBRE on Wednesday.
  • More companies, particularly in finance and insurance, are shifting storage, human resource functions, salesforce management, and other operations to the cloud, said Pat Lynch, senior managing director of data center solutions at CBRE.
  • The total capacity of data centers constructed in 2019 also hit an all-time high at 488.7 megawatts.
  • While 2020 may not see as much construction given the capacity reached last year, there will continue to be demand for “quality, purpose-built” centers as data usage in the country increases, according to Lynch.

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Apple subpoenas Santander and US intelligence contractor on use of Corellium

  • In a move that’s sure to raise eyebrows, Apple has subpoenaed Santander Bank and the $50 billion-valued intelligence contractor L3Harris Technologies for information on their use of Corellium, Forbes has learned.
  • In both subpoenas, which are not yet publicly available, Apple demands L3Harris subsidiary Azimuth Security and Santander provide data including: all communications between the companies and Corellium, details on how they use the iPhone-virtualizing technology, all internal communications about the use of the tech, all contracts, and all information they have on the startup’s cofounder Chris Wade.
  • For defense contractors, tools like Corellium can help them break Apple's security, potentially for helping intelligence agencies carry out surveillance on targets’ iPhones, but also to identify weaknesses in government-issued phones and devices.
  • Apple lawyers have argued that Federighi shouldn’t be required to give testimony as others are more knowledgeable of its dealings with Corellium, despite the software VP having met numerous times with Wade and his colleagues.

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THE BUY BUTTON REPORT: The introduction of SRC will turn the online retail payments industry on its head — here's how payments players can win in the new checkout landscape

  • Payments firms have introduced buy buttons to streamline the online checkout process, but so many have done so that it can have the opposite effect.
  • Firms such as Mastercard, Visa, Apple, Amazon, Walmart, point-of-sale (POS) financing providers, and many more have developed buy buttons for their payment methods.
  • EMVCo — which is owned by American Express, Discover, JCB, Mastercard, UnionPay, and Visa — developed SRC specifications, resulting in a standardized buy button and payment process that can be deployed by any merchant and accept credit and debit card payments from the six card networks.
  • The companies mentioned in this report are: Adyen, Affirm, Afterpay, Amazon, American Express, Apple, BigCommerce, Cinemark, Discover, EMVCo, FIS, Global Payments, Google, JCB,  Kendra Scott, Klarna, Mastercard, Movember, PayPal, Rakuten, Sears, Shopify, Splitit, Stripe, UnionPay, Visa, and Walmart.

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THE SMART SPEAKER REPORT: Smart speakers could be the fastest-growing digital platform ever — here's how to engage with customers through the devices

  • According to primary survey data from Business Insider Intelligence, as many as half of US respondents reported living in a home with a voice-enabled AI device.
  • For companies looking to sell these speakers and brands looking to engage with their customers through the now-critical medium, it's important to understand how the voice ecosystem works in practice and how it's being used.
  • To learn more about adoption and habits, we surveyed 2,000 US consumers regarding factors like smart speaker ownership, what brands consumers use, and what they use the devices to do.
  • Our survey data offers critical insights for key stakeholders at companies aiming to promote and use the smart speaker to reach customers.
  • We also break down the top smart speaker use cases and the reasons why they are or aren't resonating with consumers, and advise brands looking to reach their users via this medium how best to do so.

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