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After a recent focus on the mobile experience, Facebook (FB +0.7%) has unveiled a redesigned Facebook.com site for desktop users worldwide.
The new site promises to be faster, easier to use, and incorporating a dark mode.
“Recently we’d focused on the mobile Facebook experience, and realized our desktop site had fallen behind. People need it to keep up,” the company says.
It had announced plans at 2019’s F8 developer conference to revamp the desktop experience.
Google (GOOG +1.5%, GOOGL +1.7%) says the majority of its staff will keep working from home for the rest of the year, Bloomberg reports.
That follows in the wake of a similar move from Facebook, which is allowing most employees to work from home for the rest of 2020 even as it plans to reopen offices, for essential workers and those who choose to come in.
Shifting away from its dependence on China, Apple (NASDAQ:AAPL) plans to produce 3 to 4 million of its classic AirPods in Vietnam for the first time this quarter, according to Nikkei Asian Review sources.
The production volume represents about 30% of the entry-level AirPods. The remaining AirPods and higher-end AirPods Pro will keep their production in China.
Apple’s shift from Chinese reliance started last year due to the US-China trade war tariffs. Earlier this year, the coronavirus outbreak hit Apple’s supply chain in the region.
Apple has reportedly cut its AirPods production orders by 10% from the original 45M, partially due to demand concerns.
In the recent FQ2 report, the Wearables segment accounted for $6.3B of Apple’s $58.3B in revenue.
Despite calling Uber’s (NYSE:UBER) April a “horror show” of coronavirus headwinds, Wedbush maintains an Outperform rating and raises the price target from $30 to $38 after earnings.
A group of analysts led by Daniel Ives and Ygal Arounian notes the surprising strength of Uber Eats during the quarter and says cost-cutting will remain a key focus for the Street.
Wedbush raises its Q2 revenue estimate by 20% and now sees Eats sales of $853M, up from the prior $368M view.
More action: DA Davidson upgrades Uber from Neutral to Buy and increases the price target from $23.50 to $39, citing the improved profit profile, solid liquidity, and Eats expansion.
Bernstein (Outperform) raises Uber’s PT from $32 to $35.
Uber shares are up 6.2% pre-market to $32.96.
The NFL’s announcement of its 2020 schedule (even amid widespread uncertainty about how and whether games will be pulled off) has brought news from Amazon.com (AMZN +0.5%) that 11 games on Prime Video and Twitch will be streamed at no extra cost to Amazon Prime members.
Amazon and the NFL renewed their streaming partnership April 29, including an exclusive game for the first time.
The 11 games come from the slate of Thursday Night Football games, set (for now) to kick off on Oct. 8 when the Tampa Bay Buccaneers visit the Chicago Bears.
Those games aren’t exclusive; they’re also available on Fox and NFL Network. But Amazon will be exclusively streaming a late-season Saturday game this year.
