Nutanix sets record straight over false reporting of “1,500 layoffs” caused by COVID-19

Nutanix (NASDAQ: NTNX) dispels rumours of temporary layoffs, as the company labelled news outlet’s recent report of 1,500 layoffs as “inaccurate”. The company said that like many companies in today’s COVID-19 economic environment, it is taking proactive steps to help minimise the long-term impact on its global team members and customers. A spokesperson from Nutanix […]

Intel holds off on stock buybacks amid global COVID-19 outbreak

Intel Corp. (NASDAQ: INTC) announced that it is suspending stock repurchases due to the Covid-19 outbreak. The company added that the suspension, “while conservative, is prudent given uncertainty re...