NexOptic Technology Corp (TSXV: NXO)
You’ll Never See The World The Same Way Again
Google (GOOG, GOOGL) has extended a localized work-at-home advice to all employees in North America, Business Insider reports.
The company is now advising about 100,000 workers to pursue remote work, according to the report – easily one of the most sweeping such orders by a company in response to the coronavirus outbreak.
That order reportedly comes from a memo to the North American workforce setting up the policy through at least April 10 (a month).
Last week, Google barred employees from international travel after an employee in the Zurich office tested positive for coronavirus.
First Analysis starts Bill.com (NYSE:BILL) with an Outperform rating and a $55 price target. The company has a Bullish average Sell Side rating.
Last month, the company reported Q2 beats with upside Q3 and FY guidance.
BILL shares are up 0.4% after hours to $48.25. Shares are down nearly 14% in the past month.
DXC Technology (NYSE:DXC) +35% agrees to sell its U.S. State and Local Health and Human Services Business to Veritas Capital for $5B.
DXC will use the after-tax proceeds to pay down its debt.
The company also announces pulling its FY22 forecast due to the ongoing coronavirus outbreak.
DXC will provide FY21 targets during the annual earnings call in May.
Rakuten (RKUNY +0.1%) has chosen Nokia (NOK +1.1%) to provide mobile backhaul services for its wireless offering.
Rakuten Mobile will use Nokia’s 1830 Photonic Service Switch for its reconfigurable mesh backhaul network, which the carrier says will let it easily and flexibly grow bandwidth to roll out 4G and 5G service.
It’s promising a nationwide optical infrastructure through all 47 Japanese prefectures, supporting backhaul and data center interconnect.
Nokia will operate the virtualized core network, in another move to manage total cost of ownership.
JPMorgan says Broadcom (AVGO -0.5%) has won back the integrated touch controller contract for Apple’s iPhones.
The firm says the contract win comes as AVGO starts to win back some of its lost analog ASIC opportunities.
In December, Synaptics (SYNA +0.5%) shares rallied after Susquehanna suggested the company had picked up an Apple contract that Broadcom had lost. JPMorgan is referring to the same contract.
