Democratic Vice President Sen. Sen. Kamala Harris on Wednesday accused President Donald Trump of the seriousness of the coronavirus outbreak in the United States, saying he was “offensive” and failed to take the virus “seriously.” “This virus affects almost every country, but there’s a reason it’s hit America worse than …
Read More »Uber CEO says its service is likely to shut down temporarily in California if it is forced to classify drivers as employees – NBC Bay Area
Uber would likely shut down temporarily for several months if a court did not reverse a recent ruling requiring it to classify its drivers as full-time employees, CEO Dara Khosrowshahi said in an interview with Stephanie Ruhle on Wednesday on MSNBC. “If the court does not reconsider, then in California …
Read More »Cisco Shows Weak Revenue Forecast Showing Bits of Recession
(Bloomberg) – Cisco Systems Inc. gave a sluggish sales forecast for the current period, a sign that companies and government agencies are spending less in the pandemic-driven recession. Chief Executive Officer Chuck Robbins promised to reduce spending by $ 1 billion through a reorganization that will include cuts and early …
Read More »Warren Buffett said this metric signaled the 2001 crash – now sounding the alarm on global markets
IN ONE CHART © AP Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge after the annual shareholders’ meeting. Warren Buffett once wrote that investors would have seen the dot-com crash from a mile away if they had paid attention to what he described in a …
Read More »Instagram up to $ 500 billion in fines in face recognition lawsuit
A new lawsuit accuses Instagram of collecting biometric data from people without their permission in violation of a state law. Last month, Facebook – which owns Instagram – offered $ 650 million to settle a similar lawsuit alleging that the photo tagging of Facebook collects biometric data without the consent …
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