Facebook CEO Mark Zuckerberg has said he is “really worried” about the prospect of rival social media app TikTok being banned in the US. The technology billionaire told employees at a staff meeting that President Donald Trump’s plan to ban the Chinese-owned app would set “a really bad long-term precedent”.

Toyota on Thursday warned of a 64 percent drop in full-year net profit and reported a slump in quarterly earnings, as the coronavirus pandemic shreds the global auto market. Japan’s top car maker, which had previously declined to give a bottom-line forecast because of ongoing uncertainty, now projects a net profit of ¥730 billion ($6.9 billion) for the fiscal year ending next March, down from ¥2.07 trillion the previous year.

Through a pane of clear plastic, speaking through a mask, a checkout clerk at a grocery chain told my wife she was feeling sick.

Japan’s Nintendo Co Ltd (7974.T) on Thursday reported a more than five-fold jump in quarterly profit, driven by breakout demand for its Switch device and hit title “Animal Crossing: New Horizons” as the coronavirus lockdown lifts the games industry.

Two months of record-setting payroll growth slowed in July but was still better than Wall Street estimates even as a rise in coronavirus cases put a damper on the struggling U.S. economy. Nonfarm payrolls increased 1.763 million for the month, the Labor Department reported Friday. The unemployment rate fell to 10.2% from its previous 11.1%, also better than the estimates from economists surveyed by Dow Jones.

August 5, 2020, will forever remain engraved in the history of gold. Indeed, it is the day when an ounce of gold surpassed the $2,000 price for the first time in its history. Gold began the year 2020 at an already very high level of $1,520 an ounce. Aside from the significant drop it experienced a few days during the liquidity crisis that hit the world in March 2020, the gold price has never stopped to rise this year.

Put down the stein. This is serious.

For delivering an honest message, even when it’s difficult, Ryan Reynolds is one of Fast Company’s Most Creative People in Business for 2020.

The European Commission's move has the potential to derail the $2.1bn takeover.

Unemployed teachers, cooks, dancers are turning to Patreon, Twitch, and OnlyFans

Apple sold and shipped 14.249 million iPad units in the second quarter of 2020, which resulted in the company making profits despite the ongoing pandemic. The company holds 38% of the tablet market share.

It may be just 21 years old, but Google is in the midst of a mid-life crisis. As so often in such cases, all seems well on the surface. Every day its search engine handles 6bn requests, YouTube receives 49 years’ worth of video uploads and Gmail processes about 100bn emails. Thanks to its dominance of online advertising, Google’s parent company, Alphabet, made a profit of $34bn last year. Beyond its core operations, it is a world leader in artificial intelligence (ai), quantum computing and self-driving cars.

Seven & I Holdings Co., the world’s largest convenience store franchiser, agreed to buy Marathon Petroleum Corp.’s Speedway gas stations for $21 billion, forging ahead with one of the year’s biggest deals even as the pandemic depresses economic activity in the U.S.

It might be the biggest chip deal ever

In a brief filed in a New York district court on Tuesday night, the Internet Archive fired back in response to a lawsuit brought against it by five of the world’s largest publishers. The lawsuit seeks to shut down an online National Emergency Library started by the Internet Archive during the Covid-19 pandemic and levy millions of dollars in fines against the organization.

The pandemic’s resurgence, coupled with dire warnings about a likely second wave, now seems to be halting in its tracks the economy’s very strong bounce from its second-quarter collapse.

However, the company did gain 323,000 net high-speed Internet customers, which the company called its best second-quarter number on that metric in 13 years. 

Four of the biggest tech companies in the world – Amazon, Apple, Google, and Facebook – announced stronger-than-expected second-quarter earnings on Thursday, defying worries about Wednesday's antitrust hearings and an ongoing pandemic. The strong results from the four companies, often categorized as "Big Tech," comes a day after their CEOs testified before Congress, defending the size of their companies

China's state media has reacted furiously to Trump's comments that the US Treasury should get a cut of any sale of TikTok to an American company. President Trump on Monday announced not only that TikTok has a deadline to sell off its US business, but he also expects the government to receive a slice of any deal.

Despite the challenges posed by the coronavirus pandemic, more than 500 new vegan restaurants have opened around the world during this time. Data from online vegetarian and vegan food review service HappyCow has highlighted the boom in meat-free businesses.