Movie theaters have been shutting down as the coronavirus pandemic keeps patrons at home, and smaller, often family-run chains are taking it hard. At the Laemmle Theatres arthouse chain in Los Angeles, Greg Laemmle noted his concern about “generating revenue during this period.” Like other such small theater chains, Laemmle has taken a step he never dreamed of: introducing “virtual cinemas” to stream the movies that would have run in their theaters to audiences’ homes. Digital tickets cost around $12, and the link remains available for a few days. Read more

U.S. Commerce Secretary Wilbur Ross is about to sign off on changes to export controls on the sale of some semiconductors and other high-tech gear to China. In response, nine industry groups — including the Semiconductor Industry Association, the National Foreign Trade Council, and SEMI — urged him to allow for public comment and stressed the role semiconductors play in “the functionality in advanced medical equipment used by health professionals to treat the public,” the latter a reference to COVID-19. Read more

Although Germany’s carriers plan to launch 5G networks, large companies including BASF, BMW, Bosch, Lufthansa and Volkswagen have applied to set up local private 5G networks. The German network regulator reported that, so far, 33 companies have bought licenses, which became available last November. Experts observe that private 5G networks are useful for industrial applications that require speedy, reliable connectivity with low latency for real-time critical jobs such as driverless vehicles and robots. Read more

Amazon, Google and Microsoft are targeting “low code” and “no code” software to enable business people to develop their own apps. Microsoft’s Power platform, which offers this capability, is the company’s fastest-growing business app ever. The company predicted that 500 million such apps will be built in the next five years, more than the total built in the last 40 years. Google Cloud just purchased Seattle-based AppSheet, a big player in this software market and rumor has it that Amazon Web Services will soon debut a similar product. Read more

Coca-Cola, Kohl’s, Marriott and Zillow Group are among those companies that have reduced or stopped marketing efforts during the coronavirus pandemic. Facebook said its advertising business is “weakening,” and Amazon has cut back on its Google Shopping ads. Advertising giants Interpublic Group and Publicis delayed their financial forecasts, citing an uncertain future. During the Great Recession, said the WARC research group, $60.5 billion in global advertising vanished and it took eight years to “fully recover.” Some observers believe this crisis will be worse. Read more