According to Verizon Communication’s CEO Hans Vestberg, data usage is surging during the coronavirus shutdown. Verizon has reported early results of society’s virtual shutdown affect on business and Vestberg told CNBC’s Jim Cramer that data usage has surged double digits over four categories. “In less than a week, we have transformed this company dramatically,” he … Continue reading “Verizon CEO Says Web Traffic Jumped 20% in a Week Due to Coronavirus Shutdown”
Author: Sophia Vida
Bank of America Says These Customers May Be Able to Defer Mortage Payments
The coronavirus outbreak has caused major damage across the world and many of it economically.…
Walmart Will Pay Almost $550M in Employee Bonuses
According to Walmart's executive vice president of corporate affairs Dan Barlett, the retailer will be…
Facebook Has Banned Hand Sanitizer Ads Amid Coronavirus Outbreak
Social media giant Facebook has banned adds for hand sanitizer, surface disinfecting wipes and COVID-19…
Tesla’s CEO Vows to Make Ventilators if There is a Shortage
Someone recently asked Tesla's CEO Elon Musk if he would consider using his Fremont factory…
Starbucks Authorizes Repurchase of Up to 40 Million Shares
Coffee giant Starbucks announced on Wednesday that the company's board has authorized the repurchase of…
Hormel CEO Says We Will Come Out of Coroanvirus Crisis
Hormel Food CEO Jim Snee remarked on CNBC's "Mad Money" on Wednesday that when looking…
A Japanese Flu Drug May Be Able to Treat Coronavirus
According to an NHK report, there is a Japanese flu drug that could be effective…
ZOOM Sees Rise in Demand Amid Coronavirus
Zoom, a video calling service company, is seeing an increase in demand amid the coronavirus…
General Motors Is Seeing if Factories Can be Used to Make Medical Supplies
The world is taking great measures far and wide to help slow down the speed…
Activist Investor Bill Ackman Says U.S. Should Shut Down for 30 Days
According to billionaire activist investor Bill Ackman, the smart decision for the U.S. would be…
McDonald’s Will Close Dining Rooms in its U.S. Restaurants
Fast food giant McDonald's announced this week that the company would be closing the dining…
Amazon is Hiring 100,000 More Workers to Do This During the Coronavirus
Cities around the U.S. and the world are going on lock down to help put…
AT&T Gets Hit with a Downgrade from Raymond James
It was not a good way to start off the week for telecommunications and media…
