In brief: Uber says its global bookings are down 80 percent compared to the period before countries asked people to stay indoors. As a result, the company is laying off thousands of employees to cut down their operational costs, and will offer them "generous" severance packages and a longer period of healthcare coverage.

In a filing with the Securities and Exchange Commission earlier today, Uber announced it will lay off 3,700 employees, which is about 14 percent of its total workforce around the world.

Bottom line: In essence, the new Ring is the Ring Video Doorbell 2 but at half the price – just $99, like the original. It seems as through the Video Doorbell 2 has been discontinued, leaving only this updated original and the Video Doorbell 3 line.

Amazon-owned Ring on Wednesday announced a reimagined version of its classic video doorbell that improves on the original is nearly every way. The best news? It retains its same $99 price point.

The second generation Ring affords 10

In brief: Tinder parent company Match Group as part of its latest earnings report said it would be adding a one-on-one live video service to the dating app by the end of Q2. Honestly, it's a bit surprising that Tinder isn’t already a market leader in this category.

Like many others, Match Group has seen several aspects of its business change over the past few months. There have been fewer new members signing up and those that do use its services are exhibiting a lower

What just happened? We may soon see more smartphones capable of supplying power to other devices like smartwatches and wireless earbuds. The NFC Forum has announced a new Wireless Charging Specification (WLC), which will allow gadgets with a near-field communications antenna to charge and communicate with compatible low-power devices. The specification would operate at only one watt, but that should be sufficient to charge a set

In brief: The tricky thing about disasters is that it’s nearly impossible to predict where they will hit. Alphabet’s Loon knows this all too well as experiences like Hurricane Maria in Puerto Rico back in 2017 and the earthquake in Peru last year served to help shape how they operate moving forward.

In short, Loon – the Alphabet subsidiary that provides mobile service to areas that might not otherwise have connectivity (like those that have just been hit by a natural disaster) through high-flying balloons

Bottom line: Microsoft on Wednesday introduced a slew of new Surface-branded hardware including the Surface Go 2, Microsoft’s alternative to the more expensive Surface Pro. From $399, it looks to be a decent value if you're wanting something with the flexibility of a tablet and the productivity of a notebook.

The new Surface Go 2 retails the same thin and lightweight design as the original but ups the ante in a few key areas. For example, you now get a slightly larger 10

Something to look forward to: With the Xbox Series X and PS5 arriving this holiday season, many people are wondering if it’s worth buying a game for the current-gen consoles when an enhanced version might soon appear. Based on comments from EA, this won’t be an issue for their upcoming titles, which can be “upgraded free” to run on the “next generation” hardware.

During a recent earnings call to shareholders and press, EA CFO Blake Jorgensen said: “this year the

A hot potato: With much of the world taking its first tentative steps toward exiting the lockdown, many are concerned about those environments where germs are rife, such as cruise ships and planes. In the case of the latter, one company is offering passengers extra space away from their neighbors—but it comes at a price.

Frontier Airlines has revealed that from May 8, customers can book an aisle or window seat in a ‘More Room’ row, which guarantees an empty middle seat. This means passengers will be

Bottom line: Car sales in the UK saw a massive decline in April as Covid-19 containment efforts forced dealership closures throughout the country. With just 4,321 cars sold last month as compared to 161,064 units during the same period last year, Tesla and its direct sales model was able to capture over 15 percent of April's market share with 658 Model 3s sold.

When it comes to disrupting businesses, the auto industry is arguably among the