Full List Of Stories
Zoom admits it does not have 300m daily users
Zoom confirmed on Thursday that it does not have 300m daily active users and said it had previously “unintentionally” referred to daily meeting participants.
Thursday broker round-up
Mitchells & Butlers: JP Morgan upgrades to overweight with a target price of 340p.
AstraZeneca, Oxford University team up to develop Covid-19 vaccine
Pharma giant AstraZeneca said it had teamed up with the University of Oxford to develop and distribute a potential coronavirus vaccine with the first results from clinical trials set to arrive over the next few months.
Airlines could take five years to recover from Covid-19 crisis
Planemaker Airbus warned on Wednesday that the recovery in the aviation industry from the coronavirus crisis may take up to 5 years time as airlines turn to layoffs and pay reductions as they fight for survival.
Almost 70% of UK firms apply for job retention plan - ONS
Two thirds of UK companies applied for the government’s emergency scheme to pay workers who are laid off temporarily during the coronavirus crisis, said the latest report from the Office for National Statistics on Thursday.
Huawei overtakes Qualcomm as China's top player in chips
Huawei’s HiSilicon chip unit overtook Qualcomm as the biggest seller of semiconductors in the first quarter of 2020 for the first time ever.
Whatsapp alleges NSO Group 'deeply involved' in data hacks on users
Facebook owned messaging app Whatsapp alleged in new court filings that Israeli spyware firm NSO Group used US-based servers and was “deeply involved” in hacking the mobile phones of 1,400 Whatsapp users.
Coronavirus 99%-accurate antibody test approved for use in Europe
A new coronavirus antibody test that has proven to be 99% accurate has been certified for distribution across Europe.
Wednesday broker round-up
Cairn Energy: Berenberg downgrades to hold with a target price of 130p.
TripAdvisor to cut around 25% of its staff
In a blog post, TripAdvisor CEO and co-founder Stephen Kaufer announced that the company would be reducing its workforce due to the harsh impact the coronavirus crisis has had on the travel industry.
Thousands of UK workers needed for harvest
Thousands of UK workers will be needed this year to collect the harvest as European workers are unable to come into the country due to the coronavirus lockdown.
Ford set to reopen European factories
Carmaker Ford said Tuesday that it expects to reopen its European plants starting Monday with safety measures in place to prevent the coronavirus spread.
UK coronavirus deaths 35% higher than initially reported - ONS
England and Wales’ coronavirus related deaths are 35% higher than the daily figures for deaths in hospitals released by the government on 17 April.
EU resumes audits into Big Tech after Covid-19 halt
The European Union is once again seeking more power to audit how tech companies harvest and use European consumers’ data and readies to launch a consultation on its digital platform regulations.
UK records longest stretch ever without coal-fired power
Britain has broken its record of longest period of time without the use of coal-fired power as it registered 18 consecutive days in which the plants have not contributed to the generation of electricity.
Gates foundation to focus on finding coronavirus cure
Billionaire Bill Gates said his foundation will give its “total attention” to the Covid-19 pandemic and try to find a cure to put an end to the ongoing crisis.
Monday broker round-up
South32: Jefferies downgrades to underperform with a target price of 80p.
Air France-KLM to get $12bn in state aid but fears of partnership split arise
Airline Air France-KLM is set to receive up to $12bn in state aid from the French and Dutch governments to mitigate the effects of the coronavirus pandemic but fears of a possible split in the partnership have surfaced as a result.
Whatsapp's forwarding limit cuts viral messages by 70%
Whatsapp’s latest rule to limit the times a message can be forwarded cut down viral texts by 70% on the platform.