IMF’s Georgieva urges technology companies to be responsible with pandemic windfalls

This translation has been automatically generated and has not been verified for accuracy.Big technology companies that are reaping gains as result of increased reliance on online systems during the coronavirus crisis should work to increase access to the digital economy for all, the head of the IMF said on Friday.

International Monetary Fund Managing Director Kristalina Georgieva told an event hosted by Politico that the crisis was devastating the global economy, but it also offered an opportunity to tackle persistent inequality and other priorities such as climate change, if recovery funds were properly focused.

“I very much hope that the leadership of tech companies will see this as a chance to demonstrate responsible capitalism, responsible behaviour,” she said.Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.

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Canadian telecom companies say COVID-19 causing surge in demand for servicesCanadian telecom companies say demand for their services has surged during the COVID-19 pandemic and will change business once the lockdown ends. I think calling them “front line heroes” is a bit of a stretch 🙄 … And they need to double their rates? Because this would be quite usual to hear from Canadian telecom companies...
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