Disney said the Covid-19 outbreak caused its Parks, Experiences and Consumer Products segment to lose around $1 billion in revenue during the second quarter while as its parks, cruises and stores were forced to close.
AMC Networks said it estimates advertising revenue will drop about 30% in the second quarter as marketers pull or delay spending as the coronavirus delays show production.
Zoom lets you change the background so you can hide the messy room behind you or add some privacy if you don't want people to see your home. Here's how to do it.
While the experts acknowledged that they didn't have a crystal ball, they all agreed that it would take around 18 to 24 months before there's a significant spike in demand and the industry begins to return to normal levels. In the meantime, the travel industry will undergo some very big changes.
Many unanswered questions about Covid-19 testing, psychology, economic tensions, social distancing and work-from-home curriculum make opening up schools in September a hazy venture.
With California residents sheltered in place for almost two months, breweries have found their only way to reach consumers is by canning as much beer as possible.
The company's news networks, including NBC News, MSNBC and CNBC, will be condensed into a single unit under Cesar Conde, now chairman of NBCUniversal News Group.
Google and Apple are backing a way to trace and notify people who may have been infected with Covid-19 using Bluetooth signals from people's phones anonymously.
Tim Bray, a senior engineer at Amazon, resigned on Friday over concerns about the company's decision to fire workers who were outspoken critics of its labor practices.
As pandemic-related impacts started to cut advertiser budgets with big tech companies in the first quarter, one area of spend appeared to stay strong: Direct response.
FreshDirect co-founder and former CEO Jason Ackerman said customers' growing interest in online grocery shopping during the coronavirus pandemic has whet venture capital firms' appetites. "I'm seeing more deals in online grocery ... than I've ever seen before," he said.
The U.S. needs to grow our way out of this crisis, by backing start-ups all around the country that can create jobs and strengthen our economy for the future, Steve Case writes.
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