Amazon to Hire 50,000 Temp Workers in India as Lockdown Boosts Demand

Amazon’s India unit said it would hire 50,000 temporary workers to meet a surge in online shopping in the country, where customers have been stuck indoors for two months in a lockdown to fight the coronavirus outbreak. E-commerce firms faced massive disruption in the initial days of the lockdown in India, but a slow easing …
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Xiaomi Gets First-Quarter Sales Boost as Smartphone Demand Rebounds

Xiaomi reported a 13.6 percent rise in first-quarter revenue on Wednesday, beating estimates, as the Chinese smartphone maker sold more phones and benefited from sales of its higher-priced 5G models. The company managed to boost sales despite the impact of the coronavirus, which rattled supply chains and dampened overall smartphone demand. “Our production in mainland …
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Celebrity Law Firm Representing Priyanka Chopra Hacked, Attackers Demand $42 Million Ransom: Reports

Hackers are demanding a ransom of $42 million (about Rs. 317 crores) from New York-based celebrity and entertainment law firm Grubman Shire Meiselas & Sacks, with a week-long deadline and looming threat of its clients’ personal details published online publicly. The hacking group “REvil” a.k.a. “Sodinokibi”, which is behind the attack according to cybersecurity firm …
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Foxconn Sees Record Profit Fall as Coronavirus Guts Smartphone Demand

Taiwanese tech giant Foxconn said Friday its first-quarter profit slumped by nearly 90 percent on year as the global pandemic disrupted operations and hammered demand, especially for smartphones. The results lay bare how the coronavirus is battering global supply chains and driven up costs for electronics makers. Also known by its official name Hon Hai …
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