Until three weeks ago, Divya Vinekar had not heard of Norbert Elekes, a self-proclaimed “data storyteller”, who has been tweeting Covid-19 statistics round the clock to over 180,000 followers for the last month or so. “Suddenly his tweets started showing up on my timeline,” says the 31-year-old theatre artist from Mumbai, implying that a lot […]
Archives for April 2020
Quibi launching Hollywood ‘on the go’ streaming amid lockdown
L-R: Meg Whitman and Jeffrey Katzenberg Quibi, the multi-billion-dollar streaming platform launching Monday, is betting it can transform entertainment with short, Hollywood-quality clips to watch “on the go” — even as much of the world is trapped at home. Industry legends and stars from Steven Spielberg and Guillermo del Toro to Jennifer Lopez and Reese […]
AICPA-led coalition supports gross pay approach as calculation standard for PPP loans
An AICPA-led small business funding coalition, in conjunction with the National Payroll Reporting Consortium, issued a statement supporting the use of gross payroll based on 2019 data in calculations for Paycheck Protection Program (PPP) pandemic relief loan applications. Applications opened Friday for the PPP, which was funded by the $2 trillion Coronavirus Aid, Relief, and […]
Zomato raises $5M from Baillie Gifford affiliate fund, valuation hits $3.25B
Online food delivery and restaurant recommendation platform Zomato has raised close to $5 million (Rs 38.20 crore) from Pacific Horizon Investment Trust, a fund managed by British investment manager Baillie Gifford. According to documents filed by Zomato with the Registrar of Companies, and accessed by business intelligence platform Tofler, the Gurugram-headquartered company has allotted 1,177 […]
MLM sellers are asking for cash to donate products to health workers, but experts say it’s a marketing ploy
Arbonne products Source: Arbonne Multilevel marketing company distributors are asking for cash donations so they can buy their own supplies to give to first responders, doctors and nurses and others on the front lines of the COVID-19 pandemic. But experts warn this is a marketing ploy to improve sales volume and that consumers’ donation money […]
TurboTax to Help Millions of Americans Get Their Stimulus Payments with Launch of Free Stimulus Registration Product
TurboTax Encourages Taxpayers to File Their 2019 Tax Return to Receive Their Refund and Stimulus Payment Faster or Register through the TurboTax Stimulus Registration to Ensure They Receive Their Stimulus Payment SAN DIEGO–(BUSINESS WIRE)– TurboTax, the nation’s leading online tax preparation service from Intuit Inc. (Nasdaq: INTU), today launched a free, Stimulus Registration product designed […]
Iran completes oil products storage terminal, names it after Soleimani – ILNA
DUBAI (Reuters) – The National Iranian oil Refining and Distribution Company has completed a new oil products storage terminal in northwestern Iran, named after slain military commander Qassem Soleimani, the semi-official news agency ILNA reported on Saturday. The terminal, in Orumiyeh, has the capacity to store 118 million litres of oil, gasoline and kerosene, it […]
Amazon to delay Prime Day sales event due to coronavirus
Amazon is postponing its major summer shopping event Prime Day until at least August and expects a potential $100-million hit from excess devices it may now have to sell at a discount, according to internal meeting notes seen by Reuters. Amazon declined to comment. Prime Day, a marketing event Amazon started in 2015 to drum […]
E-commerce firms tie up with retailers and e-grocers to help in last mile delivery
Illustration: Rahul Awasthi Several food delivery services, cab and bike taxi aggregators, and non-essential ecommerce firms are joining hands with retail chains and online grocers to supply groceries to consumers stuck at home because of the lockdown. Uber, Domino’s Pizza, Rapido, Zypp, Swiggy, Zomato and Scootsy have all ventured into grocery delivery in partnerships with […]
Remittances to Bharat hit by return of the native
Domestic remittances, usually from big cities and more affluent areas to India’s rural hinterland, plunged about 80% in the past two weeks, triggered likely by a sudden loss of jobs and the return of the migrant workers to their homes. The Centre’s decision to transfer funds directly to their bank accounts might cushion the impact, […]