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THE Covid-19 pandemic is sweeping across the world at breakneck speed, impacting not just global financial markets and businesses but disrupting just about every aspect of our daily lives.
In addition to working remotely or bonding with family members, some Malaysians are making the most out of the Movement Control Order period to take up a new skill and work on self-improvement.
Electric-scooter startup Bird on March 27 said it is laying off nearly a third of its workforce to survive damage done to its service by the coronavirus pandemic.
Dockless scooter companies charged into cities in 2018, promising a mobility revolution with cheap, clean rides and billions in venture capital backing. Yet they soon faced roadblocks, including shaky business models, safety concerns, and fast-moving city regulators. At the start of 2020, cash-losing operators were shrinking their headcounts and vehicle fleets.
ASIAN tycoons are gung-ho on share buybacks at a time when industry leaders in the U.S. and Europe are holding back because of the coronavirus outbreak.
In early March, a hospital in Rwanda needed blood urgently for a patient with a leg injury. The patient’s blood type was not in stock and the nearest supplies were at least a half day’s drive away. So the hospital called upon a drone operated by Zipline Inc, which dropped the blood by parachute within an hour.
MASAYOSHI Son has been among the most fervent believers in the sharing economy, investing billions in startups that help people split the use of cars, rooms and offices. But as the coronavirus curtails unnecessary human interaction, it’s hammering such businesses and rattling the foundations of Son’s SoftBank Group Corp.
WeWork executives used to obsess over the number of people they could pack into each of the company’s shared workspaces.
Isolated with his family at home in San Francisco, Uber chief executive officer Dara Khosrowshahi has been making pleading phone calls to members of Congress. Khosrowshahi is asking for a bailout – not for his company, which has told investors it should have at least US$4bil (RM17.54bil) in cash by the end of the year – but for its idle drivers.
JERUSALEM (Reuters) - An analysis of coronavirus patients' voices could yield a "vocal fingerprint" to help detect COVID-19 symptoms in others and prioritise testing and treatment, the Israeli Defence Ministry said on Tuesday.