Workday earnings and software subscriptions rise due to Covid-19

a group of people standing in front of a computer: Workday Inc. Chairman, Co-Founder and Co-CEO Aneel Bhusri and Co-Founder and Co-CEO Dave Duffield ring the opening bell at the New York Stock Exchange

© Provided by Quartz
Workday Inc. Chairman, Co-Founder and Co-CEO Aneel Bhusri and Co-Founder and Co-CEO Dave Duffield ring the opening bell at the New York Stock Exchange

As professional workers in the US continue to work remotely due to the pandemic, many are discovering their HR and financial systems aren’t set up for this modern situation.

For companies that haven’t switched to cloud-based service providers, accessing sensitive and confidential documents can still require some roundabout measures. “They are having people sneaking onto their business to download some reports and being able to provide the financial numbers” Chano Fernandez, Workday’s co-chief executive officer said during a conference call on Nov. 20.

Opportunities in the cloud

Even without secret office visits, many businesses are realizing they need to modernize the various systems they use to manage employees (known as HCMs), in order to survive the pandemic and better accommodate long-term remote

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Nikola Shares Rise on Unconfirmed News of Deal With GM

Electric-car seller Nikola  (NKLA) – Get Report shares were riding a bit of a roller coaster on Wednesday morning.

First, they soared after a posting reportedly on General Motors‘  (GM) – Get Report website indicated GM agreed to make the Nikola Badger model and to be the exclusive supplier of Hydrotec fuel cells, Seeking Alpha reports.

But then Nikola shares slipped from their high after both GM and Nikola said they have no news to report, according to Seeking Alpha.

Nikola shares recently traded at $24.47, up 11.26%. But they fell back from a high of $26.20 to $23.78 after the GM news was released and then denied, before recovering. The stock has soared 144% year to date.

GM recently traded at $43.90, up 4.59%, and has climbed 20% so far this year.

Earlier this month, GM Chief Executive Mary Barra said that talks with Nikola

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Naukri says software, hardware job listings in India on the rise

a group of people sitting at a desk and using a laptop computer

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The Covid-19 pandemic has been a blessing in disguise for the Indian IT industry.

With businesses going virtual, demand for IT services has shot up, which has led to an uptick in hiring for hardware and software professionals, according to jobs portal “The IT-sector remains one of the least impacted sectors in terms of hiring from the global pandemic,” said in a report released on Nov. 19.

The sector saw upward month-over-month recovery for job listings on, peaking in September for both hardware (63%) and software roles (20%).

Gallery: 26 Highest-Paying Jobs That Let You Work From Home (GOBankingRates)

In September, India’s overall unemployment was around 6.67%, and it rose to 6.98% in October. Hiring sentiment in the country is the lowest it has been in 15 years with just 3% of the firms in Manpower Group’s recent survey looking to take on

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Global COVID-19 Impact on Industrial Internet of Things (IIoT) Market to Witness Significant Rise in Revenue During the Forecast Period

The MarketWatch News Department was not involved in the creation of this content.

Industrial Internet of Things (IIoT) Market

Nov 10, 2020 (PRNews Times via COMTEX) —
The research report on Industrial Internet of Things (IIoT) Market analyzes the entire production and supply chain of the market and provides data as per the various situations. Then again, the report likewise gives the data related to price, cost, value, volume, pay, income, and net revenue of the market utilized in different fields, which are in high demand in the major regions and by various organizations. In this manner, filling in as a precious source of guidance for readers, covers an analytical overview of the industry chain of the global market and discusses key elements related with it, including driving purchasers, driving crude material suppliers, and suppliers of manufacturing equipment.

Our analysis involves the study of the market taking into consideration the

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Internet Marketing Expert Matt Diggity Claims That SEO is Helping Businesses Rise Out of Crisis Mode

The global pandemic has seen businesses reporting major losses, with small business owners being the hardest hit. Internet marketing expert Matt Diggity claims that now is the best time for SEO.

Diggity Marketing

Matt Diggity Internet Marketing Expert
Matt Diggity Internet Marketing Expert
Matt Diggity Internet Marketing Expert

California, USA , Nov. 10, 2020 (GLOBE NEWSWIRE) — As businesses across the world and especially in the US, UK and many other parts of the world brace for the second round of lockdowns to curtail the so-called “second wave”, internet marketing experts like Matt Diggity claim that now would be an excellent time to invest in Search Engine Optimization. 

While COVID-19 may have led to the demise of many traditional businesses, people are turning to e-commerce stores to buy gifts and daily items alike. Many small mom and pop retailers should consider transitioning to marketing, advertising and selling their products online. Almost every type of e-commerce

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Internet of Things in Construction Market to be Driven with the Rise in Safety, Productivity and Maintenance by 2020-2028

The MarketWatch News Department was not involved in the creation of this content.

New York, United States, Sat, 31 Oct 2020 12:33:06 / Comserve Inc. / — The market for IoT in construction is anticipated to record a CAGR of around 16% over the forecast period 2020-2028. The rise in the security and safety and improvement in productivity is driving the growth of the market.

Research Nester published a report titled “Internet of Things in construction market- Global Demand Analysis and Opportunity Outlook 2020-2028” which delivers detailed overview of the IoT in construction market in terms of market segmentation by product type, by application type, by project type, by end user and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

The market for IoT in construction is anticipated to record

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Virtual gold? Bitcoin’s rise sparks new debate amid pandemic

Bitcoin’s rally above $15,000 has reignited debate over whether the cryptocurrency is so-called digital gold or a perilously risky bet as investors grapple with the coronavirus pandemic.

The world’s most popular virtual unit has gained over 30 percent in value in almost three weeks up to Friday, taking it close to its December 2017 peak when it reached nearly $20,000.

After a rollercoaster ride on markets since then, it began its latest meteoric rise on October 21, after US online payments provider PayPal announced that it would enable account holders to use cryptocurrency.

“It is the validation of a market which was still relatively uncertain a few years ago,” said Simon Polrot, president of Paris-based crypto-assets association ADAN.

Bitcoin was created in 2008 by the pseudonymous Satoshi Nakamoto, and marketed as an alternative to traditional currencies.

Unregulated by any central bank, it was sold as an attractive option for investors

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Facebook sees a rise in misinformation as reports warn of incitement

Facebook is seeing an increase in worrying activity around the US election, according to reports from The New York Times and BuzzFeed News. According to BuzzFeed News, which viewed a post on Facebook’s internal message board, the company has been tracking a rise in “violence and incitement trends” associated with hashtags and keywords.

Facebook did not respond for comment about a potential rise in the organization of violent activity on its platform by the time of publication, but Facebook spokesperson Liz Bourgeois told BuzzFeed News that the company is “staying vigilant in detecting content that could incite violence during this time of heightened uncertainty.” In a statement given to The Verge and others, Facebook said that the company is seeing a rise in misinformation about the election. “As vote counting continues, we are seeing more reports of inaccurate claims about the election,” a Facebook spokesperson said in a

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P2P Payments Adoption On The Rise But Not Without Cost

The ongoing Covid-19 epidemic has made in-person banking much more difficult and as such has created many reluctant first-time users of digital banking. The growth is visible in every area of financial services, from e-commerce to wealth management, but peer-to-peer (P2P) payments has seen particularly strong growth, building off an increase that started before the pandemic.

P2P payments are nothing new. Two of the most active players, Venmo and Square
, were founded over a decade ago. But the surging use, particularly among older customers, is something different. A March 2019 report from Zelle, the bank-owned P2P platform formerly known as clearXchange, noted that more than half of new

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Fox 1Q profit, revenue rise, driven by cable network programming

Fox Corp. said its profit and revenue rose for the latest quarter, booking gains at its cable network programming segment and political advertising ahead of Tuesday’s U.S. presidential election.

The company on Tuesday reported a profit of $1.12 billion for the fiscal first quarter ended Sept. 30, or $1.83 a share, compared with $499 million, or 80 cents a share, in the comparable period last year. Excluding special items, earnings were $1.18 a share, ahead of the 76 cents a share analysts polled by FactSet had expected.

Fox said it recognized gains related to cash payment received from Walt Disney Co. related to the reimbursement of Fox’s prepayment of its tax liabilities from Disney’s divestiture of certain assets.

Revenue rose 1.9% to $2.72 billion. Analysts were targeting $2.58 billion. Operating expenses fell to $1.17 billion from $1.47 billion.

Affiliate revenue increased

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