RepliCel Life Sciences Inc (TSXV:RP)
RepliCel is a regenerative medicine company developing autologous cell therapies that address diseases caused by a deficit of healthy cells required for normal healing and function.
Mayor Bill de Blasio has ordered the city’s human rights commissioner to investigate Amazon’s (NASDAQ:AMZN) firing of the Staten Island warehouse worker.
Amazon says the worker was fired for violating quarantine and safety measures. The striking workers walked off the job to demand the facility’s closure after several positive coronavirus cases.
New York Attorney General Letitia James called the firing “disgraceful” and called for a National Labor Relations Board review.
Previously: Amazon workers strike in Italy (Mar. 30 2020)
Apple (NASDAQ:AAPL) has purchased popular iOS app Dark Sky for undisclosed terms.
The acquisition means the Android version of the app will shutter on July 1, and other popular apps like Carrot Weather will lose API access at the end of next year.
For now, the Dark Sky iOS app will remain the same, though Apple will likely roll the product/tech into its operating system in the future.
President Trump is set for a call this afternoon with big telecoms to get an update on network performance pressures amid the coronavirus outbreak.
Various companies are reporting surges both in voice calls and Internet traffic, with the majority of Americans now under some kind of shelter-in-place order (either locally or statewide).
Verizon (VZ -1.3%), Comcast (CMCSA -1.3%) and AT&T (T -2.4%) are among invitees to the 2:30 p.m. call, Bloomberg reports.
Zoom Video’s (NASDAQ:ZM) daily U.S. user volumes hit a record 4.84M yesterday, according to Apptopia data.
The company’s active users were up 151% Y/Y in March.
On the same day, Microsoft (NASDAQ:MSFT) Teams had 1.56M users, and Slack (NYSE:WORK) had less than 500K.
Update: Xerox confirms the news.
Original post: Xerox (NYSE:XRX) will end its more than $30B tender offer for HP (NYSE:HPQ) after the coronavirus pandemic complicated the financials of the deal, according to WSJ sources.
The company will also end its proxy fight to replace HP’s board.
Share pullbacks have roughly halved Xerox’s market cap to around $4B, which reduced its cash and stock offer price from $35B to about $31B.
Xerox had planned to borrow up to $24B for the deal.
HP shares are down 1.8% after hours to $17.10.
