apple Apple Expected to Miss Sales Targets Amid Growing Coronavirus Outbreak Apple anticipates missing its quarterly revenue goals as the coronavirus outbreak disrupts its supply chain in China. The virus continues to spread rapidly, with Hubei province cases approaching 60,000.
apple Apple Misses Revenue Target as Coronavirus Disrupts iPhone Supply and Demand Apple announces it will not meet its quarterly revenue forecast due to global iPhone supply constraints and reduced consumer demand in China caused by the coronavirus outbreak. Although Chinese manufacturing facilities reopen, the company faces ongoing shortages worldwide.
mwc GSMA Permanently Cancels Mobile World Congress Over Coronavirus Fears The GSMA officially cancels the 2020 Mobile World Congress in Barcelona due to widespread concerns about the coronavirus outbreak and resulting travel restrictions. The organization states that it is impossible to safely hold the massive tech event as planned.
mwc Mobile World Congress Canceled Over Coronavirus Fears Organizers officially cancel the world's largest mobile trade show in Barcelona as major tech companies withdraw due to health and travel concerns.
tesla Tesla Experiences Record Volatility Amid Massive Short Squeeze and Virus Fears Tesla stock swings wildly as a massive short squeeze drives shares to nearly $970 before coronavirus fears trigger a sharp reversal. Unprecedented trading volume highlights the extreme investor frenzy surrounding the electric vehicle maker.
baidu Baidu Open-Sources LinearFold Algorithm to Accelerate Coronavirus Research Baidu releases an AI tool that cuts RNA secondary structure prediction time from 55 minutes to 27 seconds, offering crucial support to scientists fighting the 2019-nCoV outbreak.
alibaba Chinese Tech Giants Deploy AI Tools to Accelerate Coronavirus Research Alibaba and Baidu release artificial intelligence tools to help scientists rapidly sequence the coronavirus genome. These technological efforts join broader initiatives by Google and Facebook to combat the global health crisis.
uber Uber Locks 240 Mexican Accounts Over Coronavirus Fears Uber takes proactive measures against the novel coronavirus outbreak by suspending hundreds of user accounts in Mexico to curb potential transmission.
facebook Tech Giants Scramble to Combat Coronavirus Misinformation Online Major technology companies like Facebook, Twitter, and Google are actively working to limit the spread of false information about the coronavirus outbreak on their platforms.
apple Apple Smashes Q1 Expectations as iPhone 11 Drives Record Revenue Apple reports a blockbuster first quarter with $91.8 billion in revenue, easily beating Wall Street expectations. Strong iPhone 11 sales and high demand for wearables power the significant growth.