SAN JOSE, Calif.–(BUSINESS WIRE)–McAfee, the device-to-cloud cybersecurity company, today announced the expansion of its MVISION portfolio with three all-in-one software-as-a-service (SaaS) solution offerings – McAfee Device-to-Cloud suites. These suites are designed for customers who are adopting a cloud first stance and desire a simplified portfolio approach for device-to-cloud protection. Available today, all three suites include McAfee MVISION Insights, the industry’s first proactive and actionable threat posture capability that prioritizes risk, predicts the success of countermeasures and prescribes remedial actions. The solutions will be showcased as part of MPOWER Digital 2020, McAfee’s free, virtual event taking place October 29 through November 13.

“Customers are facing a rise in cyber activity that can expose them to damaging threats. At the same time, they’re struggling with control, management and visibility across their organization as they enable their teams to work from anywhere,” said Anand Ramanathan, vice president of product management, McAfee.

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Uber Technologies’ (NYSE:UBER) $2.6 billion buyout of Postmates might not generate the kinds of profits investors were expecting. In a filing with the Securities and Exchange Commission, Uber said Postmates has an accumulated deficit of nearly $1 billion, meaning even a pandemic-fueled increase in demand saw the food delivery specialist recording losses of $32 million in the second quarter.

Postmates delivery driver

Image source: Postmates.

According to Uber, Postmates saw a 125% increase in revenue during the period as sales jumped from $71 million to $160 million. And though that allowed it to slash its losses for the quarter, it indicates that even during a period of unprecedented consumer demand, Postmates is still a money-losing operation.

That’s not much different from Grubhub (NYSE:GRUB), which despite seeing a 41% jump in second-quarter revenue, recorded a $0.17 per share loss for the period. Uber has said further consolidation will be necessary for the industry

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The pandemic continues to decimate the nation’s economy. Real people are in real pain. State and local governments face unprecedented budget gaps. All eyes turn to Washington, where dysfunction has reigned for months.

There’s one last chance before the presidential election to get needed relief to the unemployed, to struggling businesses, from restaurants to airlines, to schools and child care centers, and to states like our own, where revenues have fallen and expenses — including the expense of fighting this pandemic — have soared.

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are at least negotiating again — for the first time since August — about the terms of that relief bill and about its bottom line. With no congressional action since the last relief bill passed in April, they could both use a preelection win — and so could the American people.

House Democrats put forth yet another

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SYDNEY, Sept. 29, 2020 /PRNewswire/ — Ascenda, a global loyalty solutions company has been selected by Virgin Money Australia (part of the Bank of Queensland Group) to deliver market-leading reward capabilities within its newly announced digital bank.

Virgin Money Australia partners with Ascenda to deliver new loyalty program later this year.
Virgin Money Australia partners with Ascenda to deliver new loyalty program later this year.

The partnership will leverage Ascenda’s market leading technology to help launch a new loyalty programme that aims to reimagine the way customers are engaged and rewarded. Virgin Money Australia will look to reward customers for positive behaviours beyond transactional spend or upfront bonuses that traditional programmes focus on.

The new loyalty programme has been designed with Virgin Money Australia customers at the heart of the experience. A programme that will allow customers to earn points and unlock personalised offers, all from the palm of their hands anywhere in the world.

Virgin Money Australia customers will be rewarded

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a close up of a sign: DraftKings (DKNG) logo on a phone


© Source: Lori Butcher / Shutterstock.com
DraftKings (DKNG) logo on a phone

DraftKings (NASDAQ:DKNG) has fallen 16% off its highs in just a few days. And while it obviously would have been prudent to book profits at the top, the market doesn’t ring alarms before stocks correct. Let’s not worry about the hindsight scenarios, but instead look forward to see where it would make sense to own DraftKings stock.



a close up of a sign: DraftKings (DKNG) logo on a phone


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DraftKings (DKNG) logo on a phone

I begin with the argument that this is still a stock to own for the long term. Nevertheless, and for the sake of more active traders, we will delve into the levels that matter now.

First let’s set the scene that the drop was not DraftKings’ fault. The Nasdaq Composite index fell just as much and at the same time. For all we know the rally in DKNG could

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We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com?

So should Catabasis Pharmaceuticals (NASDAQ:CATB) shareholders be worried about its cash burn? In this report, we will consider the company’s annual negative free cash flow, henceforth referring to it as the ‘cash burn’. Let’s start with an examination of the business’ cash, relative to its cash burn.

Check out our latest analysis for Catabasis Pharmaceuticals

When Might Catabasis Pharmaceuticals Run Out Of Money?

A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. When Catabasis

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Unions’ strength amid the epidemic will be tested this fall. Democrats rely heavily on labor’s political support every November. That’s no different this year, but the coronavirus is. Laid-off workers don’t pay union dues, meaning the pandemic may cut into organized labor’s electoral spending. More worrisome for Democrats, COVID-19 could kneecap unions’ most potent campaign contribution: legions of door-knocking volunteers.

Uniting for Democrats

Unions influence elections in three main ways: members’ votes, manpower and money.

First, it’s persuading members to vote for the union’s endorsed candidates. That usually happens face to face: at the workplace, at the union hall or over a post-shift beer. But COVID-19 put the kibosh on that. So, instead, unions are relying on phone calls, texts and more mailers to convince members to vote the labor line.

There are 14.6 million union members in the U.S., and they tend to vote at higher rates than the

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ORLANDO — You hope the Celtics can get over this, coming up empty after a 58-minute battle with their sudden arch-rivals from the North, coming so close to a berth in the Eastern Conference finals but unable to make that one final play or perhaps draw that one pivotal foul.

The Celtics walked away from their 125-122 double-overtime loss to the Toronto Raptors an angry bunch but strangely encouraged. They played well enough to win but the Raptors, especially Norman Powell and Kyle Lowry, made more plays Wednesday.

The anger boiled over after the buzzer when Marcus Smart got into an exchange with some Raptors players follow yet another close and controversial finish. Toronto coach Nick Nurse, who is rising up to the Joe Torre and Pat Riley level of villainhood in Boston, once again complained after almost every call and resorted to screaming when Celtics players were holding the

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SANTA CLARA, Calif., Sept. 9, 2020 /PRNewswire/ — Tintri®, provider of Intelligent Infrastructure for enterprises, today announced its Tintri Partner Program, designed to help channel partners offer a full enterprise solution set, and identify more opportunities to generate predictable profitability and enable business growth. Tintri is 100% channel focused, and offers Intelligent Infrastructure solutions, programs and resources to enable partners to make the most of its organization’s skills and specializations to deliver mutual success. 

Immediate Market Impact
Tintri prioritizes its channel partners, and strives to provide them with tools to grow their relationships with current customers, and expand into new markets. In May this year, Tintri released its Partner Portal  providing a centralized location for partners to access a wide range of information and programs. Since then, new partner registration has increased 550% and approximately 80% of new partners have closed on new customer wins, underscoring that

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Just because a business does not make any money, does not mean that the stock will go down. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.

So should Iovance Biotherapeutics (NASDAQ:IOVA) shareholders be worried about its cash burn? For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. Let’s start with an examination of the business’ cash, relative to its cash burn.

View our latest analysis for Iovance Biotherapeutics

How Long Is Iovance Biotherapeutics’ Cash Runway?

You can calculate a company’s cash runway by dividing the amount of

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