• Coronavirus: Apple and Google release contact tracing technology, University of California institutes pay freeze

Market news

21 May 2020

Coronavirus: Apple and Google release contact tracing technology, University of California institutes pay freeze

  • CNBC reports that the global number of confirmed coronavirus cases is nearing 5 million, according to data compiled by Johns Hopkins University. 

  • Now, the Federal Reserve is concerned that a second wave of infections around year’s end will result in another round of social distancing and further damage to the economy

  • WHO made clear Wednesday that the pandemic is far from over after countries around the world collectively reported the largest daily increase in coronavirus cases so far. 

  • Apple and Google have released contract tracing technology and three U.S. states have committed to using it.


  • Global deaths: At least 328,079

  • U.S. cases: More than 1.55 million 

  • U.S. deaths: At least 93,416

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