China’s Tencent Holdings launched a co-innovation lab with Huawei to develop a cloud game platform, the world’s biggest game company said in a statement Friday. The collaboration will tap the computing power of Huawei’s Kunpeng processor to build Tencent’s GameMatrix cloud game platform, and the two sides will explore more possibilities in areas such as […]
Archives for 2020
Breathtaking
Today’s New York Times cover
Singtel-backed streaming service HOOQ files for liquidation
HOOQ was started as a joint venture in 2015 between Singtel, Sony Pictures Television and Warner Bros Entertainment. But it has failed to make major gains as larger rivals such as Netflix expanded in the region.Reuters | March 27, 2020, 15:58 IST
Treasury yields edge lower as investors weigh coronavirus spread and stimulus
U.S. government debt prices were slightly higher Friday morning after record unemployment figures triggered hopes for further stimulus amid the worsening coronavirus pandemic. At around 3:30 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at 0.7948%, while the yield on the 30-year Treasury bond was down at […]
Need government aid for your small business? Don’t neglect this one step
Meeting payroll amid COVID-19 will undoubtedly be difficult for many Australian small businesses. So it’s reassuring to know that you may be eligible for a government cash-flow boost of up to $100,000. But you could miss out if you neglect a key bit of housekeeping: lodging your activity statement. That’s because your activity statement (or […]
Insurer Tryg defers dividend decision, confirms 2020 technical result
COPENHAGEN (Reuters) – Danish insurer Tryg on Friday confirmed its full-year forecast of a 3.3 billion Danish crowns ($488.27 million) technical result, but postponed its decision on dividends for 2020. “Based on the current extraordinary situation we believe it is in best interest of all our stakeholders to be prudent until the macroeconomic picture has […]
More hotels, accomodation spaces earmarked for COVID-19
A growing number of hotels and shared-living facilities are being earmarked as potential venues for quarantine and care of the sick, or for accommodating healthcare workers, as efforts intensify to contain the spread of the new coronavirus infection. While some of these companies have been asked to do so by state authorities, the others are […]
Hostile cops hit food, pharma delivery biz
Even as police authorities moved across top metros like Delhi, Mumbai and Bengaluru to issue “curfew passes” to delivery agents of services like Bigbasket, Grofers, Flipkart and 1mg, the companies are still facing issues in taking new orders and fulfilling existing backlog. The reason? A large number of the migrant delivery workforce is afraid of […]
Swiggy ready for grocery services in 150 top cities
Illustration: Rahul Awasthi Swiggy’s operations may have been disrupted since the ‘Janta Curfew’ was announced on Sunday. But the online food delivery company has said it is willing to start delivering groceries in up to 150 top cities across the country if the supply chain starts opening up. Swiggy currently delivers food from restaurants, but […]
Covid-19 outbreak: Insurers facilitate telemedical check-ups for policy buyers
Country’s top insurers have initiated telemedical facilities for prospective customers, where medical and term policies can be availed through check-ups over the phone in place of physical consultations with doctors. With the country under lockdown to slow the spread of Covid-19 outbreak, insurers such as HDFC Ergo, Religare, Max Bupa, Tata AIA along with intermediaries […]