TECHNOLOGY

Streaming service Netflix Inc and social media giant Facebook Inc said on Tuesday they would reduce the amount of data their services use to ease congested telecoms networks in India, where millions are using home internet amid a lockdown to contain the coronavirus outbreak.

Facebook Inc said on Tuesday the coronavirus outbreak was undercutting sales of the advertising that accounts for nearly all of its revenue, even as more users spend time on the social network during virus-related lockdowns.

Apple Inc could start re-opening some of its retail stores in the first half of April, Bloomberg reported on Tuesday, citing an internal memo.

Facebook Inc is in talks to buy a multi billion dollar stake in Reliance Industries Ltd's telecom unit, the Financial Times reported on Tuesday, citing two people with knowledge of the matter.

Facebook Inc's Instagram said on Tuesday it would remove coronavirus-related content and accounts from recommendations and its "explore" option, unless posted by or belonging to credible health organizations.

Some viewers in Britain complained they were struggling to sign up for Disney+ as the video streaming service launched on Tuesday in Europe, where networks have come under huge strain due to the coronavirus pandemic.

Amazon.com Inc's India unit on Tuesday said it will halt orders for non-essential products in India to prioritize customers' critical needs at a time when much of the country is under lockdown to prevent the spread of coronavirus.

Chipmaker Intel Corp said on Tuesday it would suspend its share buybacks and warned that the coronavirus pandemic could have a material impact on its business, even as its factories remain operational.

Russia has urged consumers and businesses to use digital payments rather than cash in an effort to slow the spread of the coronavirus and told banks to limit rouble notes in circulation.