This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.Â
- Global cases: More than 190,000, according to Johns Hopkins University.
- Global deaths: At least 7,894,Â according to Johns Hopkins University.
- U.S. cases: At least 5,894, according to Johns Hopkins University.
- U.S. deaths: At least 97, according to Johns Hopkins University.
A group founded by the former CEO and executive chairman of Google is huddling with venture capitalists to discuss how they can quickly use their resources to help fight the coronavirus.Â
Seth Bannon, a founding partner of venture capital firm Fifty Years, told CNBC in an interview that the group, Schmidt Futures, is hosting a conference call on Wednesday with philanthropists, including leaders of firms like Bannon’s, to discuss groups they can start funding that are looking to combat COVID-19.Â âBrian Schwartz
The Pentagon says it will give 5 million respirator masks and 2,000 ventilators to the Department of Health and Human Services from the military’s strategic reserve in order to support the coronavirus response.
Secretary of Defense Mark Esper said Tuesday from the Pentagon press briefing room that 1 million respirator masks would be made available immediately. âAmanda Macias
The U.S. travel and tourism industry is seeking $150 billion in relief to help grapple with coronavirus pandemic that has ground travel to a halt.
Lobbying groups representing the country’s travel and tourism industry met the White House on Tuesday to meet with President Donald Trump and other officials to discuss the devastating economic impact of the pandemic.Â âLauren Hirsch
Zoom has enjoyed plenty of attention for outperforming market indices this year. That’s because more people are using its videoconference software to meet with colleagues, clients and classmates as schools and businesses send employees home to duck the COVID-19 coronavirus.
You might not know know it, but legacy enterprise technology company Cisco is also seeing heavy-duty usage of its Zoom competitor, Webex, where Zoom CEO Eric Yuan was once vice president of engineering.
Webex was founded in 1995 and acquired by Cisco in 2007, long before the Zoom initial public offering in 2019. It isn’t trendy in Silicon Valley. But users don’t care — they’re flocking to it anyway.Â âJordan Novet