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How coronavirus is changing the retail industry

Social distancing has fundamentally changed shopping behaviors and thereby the retail industry—but what will happen next? What opportunities may arise as the dust settles and we move toward a new normal?

Apple-Google virus-tracking rules put apps in a privacy bind

From France to Australia to North Dakota, government apps designed to help authorities track and slow the spread of COVID-19 are struggling to accomplish their goals because of restrictions on data collection built into smartphones ...

Why open a store? Chinese merchants go livestreaming instead

At the height of China's coronavirus outbreak, the skincare-products maker Forest Cabin closed more than half of its 300 stores across the nation as shoppers stayed home. With sales plunging, founder Sun Laichun decided it ...

Uber to require face masks for drivers, riders

Uber said Wednesday it was making face masks mandatory for drivers and passengers, as part of new health and safety protocols aiming to instill confidence in the ride-hailing service as people emerge from coronavirus lockdowns.

Amazon calls for US federal law to ban price gouging

Amazon called Wednesday for a US federal law to prohibit price gouging during a national emergency, saying new standards are needed to prevent profiteering from situations like the COVID-19 pandemic.

Facebook removes 2.5 million posts selling masks, COVID-19 kits

Facebook Inc. said it has removed 2.5 million posts since March 1 offering masks, sanitizers, cleaning wipes and COVID-19 test kits, in an attempt to prevent users from price-gouging or selling counterfeit and dangerous products.

Bitcoin rises after eagerly awaited 'halving'

Bitcoin rose Wednesday after undergoing an eagerly awaited adjustment that occurs every few years to limit the amount of the virtual currency on the market, building on a recent coronavirus-driven rally.

Sony annual net profit slumps, warns of tough year

Sony said on Wednesday its annual net profit tumbled 36.5 percent on lower revenue from games and electronics products, and warned of a tough year because of the coronavirus pandemic.

Twitter says many employees may work remotely 'forever'

Twitter said Tuesday it is unlikely to open its offices before September, and that many of its employees will be permitted to work from home permanently even after the end of the coronavirus lockdowns.

Ryanair contests aid to rivals before EU court

Ryanair said Tuesday it has contested state aid provided to Air France and SAS to deal with the plunge in travel due to the coronavirus pandemic before the European Court of Justice.

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