Today we are watching…
1. Apple (#aapl)
Tim Cook, the CEO of Apple, has told all 12,000 of his employees in Cupertino to work from home. This may sound like an overreaction to the coronavirus, but Cook’s Cupertino HQ is home to Apple’s best and brilliant. Along with Facebook, the company is monitoring “human density” and encouraging Silicon Valley staffers to go home. In terms of those welding and screwing together iPhones on assembly lines, they’re all in China, also at home! Zoom, Microsoft Teams and Slack Technologies will sure pick up some business in March it seems. They’ve been storming up the stock market while many of these at-risk tech firms suffer in the sell-off!
2. China Online Education (#coe-adr)
China Online Education is one of China’s e-learning leaders along with TAL Education, headed by Zhang Bangxin, who has recently catapulted up the country’s wealth rankings. Both companies have seen a huge boost in students following the coronavirus outbreak, as they enable school classes to be streamed online and academic courses to be taken from quarantine. Children’s education remains a priority, and now parents can see how online education works and begin to trust that system. The coronavirus has now killed 3,097 in China with 80,695 cases reported.