Dr. Kong Yuefeng, a recovered COVID-19 patient who has passed his 14-day quarantine, donates plasma in the city’s blood center in Wuhan in central China’s Hubei province Tuesday, Feb. 18, 2020. Barcroft Media | Getty Images Microsoft is working with a consortium of pharmaceutical companies to recruit people who have recovered from Covid-19 to donate […]
Archives for 2020
CARES Act vs TARP vs New Deal (Chart)
Check this chart out, from Mary Meeker’s new presentation about coronavirus and its impact on business, technology and society – she compares the new $2 trillion stimulus plan with what the government did in the 30’s and 2008: One thing you gotta admit – it’s gigantic and it happened really fast. Was it enough? Perhaps […]
Balance Transfer Credit Card Facility – Usage & Benefits
Balance Transfer Credit Card facility is widely used to handle credit card dues. If you are worried about your credit card dues and looking for the method to address it, you should use this facility. A balance transfer facility helps you to reduce your credit burden. As the name indicates, balance transfer credit card facility […]
Amazon, Microsoft offer little relief to small cloud clients
By Mark Bergen and Matt Day By mid-March, John Lyotier’s travel software business Left was cratering with the spread of the pandemic. Seeking to cut costs, he reached out to his office landlord, who offered rent relief. Then he contacted Amazon, asking to “explore creative financing opportunities” for his monthly cloud-computing bill. The response was […]
Coronavirus Relief is Here & So Are the Scams
On March 31, President Trump signed a $2 trillion economic relief plan offering assistance to millions of American households and businesses affected by the coronavirus pandemic. And then, only a minute later it seemed, scams related to the stimulus started circulating. At the same time, parts of the stimulus bill may seem like scams but are real. […]
Rupeek terminates HR contract with Aasaanjobs
Rupeek, which operates an online marketplace for gold loans, terminated a human resource contract with Aasaanjobs, a recruitment marketplace for blue and grey-collar jobs, allegedly indirectly impacting 600 jobs. The Bengaluru-based firm said it had to take the “unfortunate decision” of not renewing the contract with the human resource contractors and had to reduce the […]
Party, network, socialise: A new hit web series
Millennials stuck at home and bored are going online to party, network and socialise. And, companies like Paytm Insider, MyScoot and BookMyShow, which relied on physical events earlier, are helping them by taking their offerings online. MyScoot, an events and party curator, has seen its user base swell by 50% in the wake of restrictions […]
Nearly 90% of the US Navy hospital ship in New York is empty amid coronavirus fight
The USNS Comfort is seen as it enters the New York Harbor during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., March 30, 2020. Andrew Kelly | Reuters WASHINGTON — The USNS Comfort hospital ship holds fewer than 80 patients in New York City, leaving nearly 90% of its available space unused after its […]
Ecomm firms start taking orders for ‘non-essentials’
Illustration: Rahul Awasthi Ecommerce firms will accept online orders for ‘non-essential’ items starting this weekend, as they gear up to restart operations fully from Monday in line with a central government order issued on April 15. Sale of products deemed non-essential — including smartphones, personal computers, electronics items, apparel, furniture and home décor — form […]
IRS posts FAQs on paid sick and family leave
The IRS on Friday posted 67 FAQs on the employer tax credits for paid sick and family leave enacted in the Families First Coronavirus Response Act, P.L. 116-127. Businesses with fewer than 500 employees (referred to as “eligible employers”) will obtain funds to provide employees with paid sick leave and family and medical leave for […]