The pandemic so far has accelerated trends of people fleeing large, expensive U.S. cities. While shopping is up everywhere, Barton said the company is seeing a "deceleration of migration" to cities and expects it to continue.
According to internal discussions, Facebook removed "strikes" so that conservative pages were not penalized for violations of misinformation policies, NBC News reported.
Disney+ grew its streaming subscriber base faster than expected, but Netflix has a big lead, and media conglomerates ViacomCBS, NBC Universal and AT&T are all aiming to take market share with internet video efforts.
The Chinese-owned WeChat is used for a bit of everything in China. But in the United States, it's a key messaging app for people with loved ones in China.
Uber narrowed losses, and saw a spike in demand for its food delivery service during the second quarter. However, the company's core ride-sharing business was down 73% from last year.
Fintech companies in Asia saw their capital raise fall around 37% from $2.56 billion in the first quarter to $1.62 billion in the second, a CB Insights report said.
Hiring in tech remains muted, sending another distressing signal ahead of Friday's critical jobs report. As of late July, tech job postings were down 36% compared to the same time last year, according to recent data from the online platform Indeed.
Apple bumped up a bunch of the hardware inside its new 27-inch iMac, but also focused on some things that are important for people and families who are stuck working at home during quarantine.
Fastly reported better-than-expected quarterly results Wednesday afternoon, but the stock is plunging on concern the company is overly reliant on China's TikTok.
Shares of Facebook closed up more than 6% on Thursday following the U.S. launch of Reels, a new Instagram feature designed to rival Chinese upstart TikTok.
The internal emails from Amazon, Apple, Facebook and Google reveal a rare look into how the giants approached acquisitions and other competitive issues over the years.
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