All major indices rose Wednesday, led by the Dow Jones Industrial Average, which increased 3.44% to close above 23,000 for the first time since March 13. Investors seemed heartened by comments made by National Institute of Allergy and Infectious Diseases Director Anthony Fauci,
2020-04-08 20:26 2020-04-08 20:32
NASA has chosen a new lunar surface delivery partner from its list of Commercial Lunar Payload Services (CLPS) vendors to actually transport stuff on its behalf – Mojave’s Masten Space Systems, which is being tapped by the agency to take eight payloads, including non science and tech instruments,
Latin America’s leading legacy food delivery company iFood and Delivery Hero-owned Domicilios.com are merging in a bid to take on the food startup Rappi on its home turf. The price of the transaction was undisclosed, but will result in iFood holding a 51% equity stake in the partnership,
Startups big and small, across all industries, are affected by the novel coronavirus pandemic. From Etsy to MongoDB, from Twilio to Foursquare, these companies are looking for ways to capitalize and ultimately thrive in what has become a survivalist landscape.
As more companies find their workflows upended by remote work in the pandemic crisis, there are plenty of SaaS startups aiming to sell them a new path to streamlining processes. Tonkean is an SF startup selling a no-code automation platform to do just that,
LinkedIn has no plans to make COVID-related layoffs until at least June 2020, the professional network has confirmed to TechCrunch. This announcements comes after Salesforce CEO Marc Benioff’s pledge last month to have no significant layoffs for the next 90 days.
LinkedIn has pledged to making no COVID-related layoffs until at least June 2020, the professional network has confirmed to TechCrunch. While the promise is only until the end of the fiscal year,
Motherly CEO Jill Koziol admits that it was a tough pitch when she and her co-founder Liz Tenety first tried to get investors on-board in 2015. “We wanted to create a brand first and foremost,” Koziol told me.
Microsoft announced its latest Windows 10 preview build today and while that is a pretty routine affair these days, the company also used today’s announcement to also launch the beta version of a new news consumption experience that anybody on a Windows 10 device can try out today.
Public markets around the world have been tanking for the past few weeks, and many companies simply can’t operate during a lockdown. Sheltering in place has had some terrible economic consequences, with a record number of Americans getting laid off, including many startup employees.
Airbnb is tweaking its landing page and introducing new features all aimed at longer-term stays, as the online rental marketplace looks to capitalize on a growing segment of its business.
Rocket Lab is in the process of developing a way to recover the rockets it launches, despite their originally being designed as fully expendable launch vehicles. The company had a surprise announcement on Wednesday: It’s actually already managed to successfully catch an Electron in mid-air,
Netflix is launching a new series on Instagram that will focus on taking care of yourself and your mental health during the COVID-19 global pandemic. The series, which will begin airing on Instagram Live tomorrow at 7 PM PT, features the stars of some of Netflix’s top Young Adult shows and movies,
Zoom has been served with another class action lawsuit — this time by one of its shareholders, who says he lost money after the company “overstated” its security measures, which led its share price to tank.
Earlier this week, the Equity crew caught up with Work-Bench investor Jon Lehr to get his take on the current market, and how his firm goes about making investment decisions. The conversation was a treat, so we cut a piece of it off for everyone to listen to.
Mozilla Corporation announced today that it has chosen long-time chairwoman Mitchell Baker to be CEO, replacing Chris Beard who announced he would be stepping down at the end of the year last August. Baker represents a logical choice to lead the company.
Google’s game-streaming service Stadia will be free to access for the next two months, the company announced today.
There will be plenty of jokes. “Why is tonight different from all other nights,” the first of The Four Questions, will almost certainly serve as a laugh line in all but the most serious Seders this year. As for the plague — haven’t we had enough plague talk already? For Jews across the world,
On Wednesday, two-time Democratic candidate Bernie Sanders announced that he would end his bid for the party’s nomination, marking an end to a deeply influential progressive political campaign.
Facebook’s ad review system is failing to prevent coronavirus misinformation from being targeted at its users, according to an investigation by Consumer Reports. The not-for-profit consumer advocacy organization set out to test Facebook’s system by setting up a page for a made-up organization,
A new startup called twine wants to help people feel less isolated and alone. Though the project has been in the works for around six months, it’s launching at a time when people are struggling with being cut off from family, friends, neighbors,
France’s health minister Olivier Véran and digital minister Cédric O have officially announced that the French government is working on a smartphone app to slow the spread of coronavirus.
The CEO of Twitter and Square makes a major commitment to COVID-19 relief, Tesla shuts down its U.S. factories until May and PlayStation unveils its latest controller. Here’s your Daily Crunch for April 8, 2020. 1.
Fintech startups were hot news before the COVID-19 era, but the pandemic hasn’t bumped the sector out of the headlines. Companies that were pitching optimistic news a few weeks ago are now cutting staff.
Thrive, founded by Twitter alumni Deepak Rao and Siddarth Batra, wants to fund student expenses by looking at job offer letters as a way to evaluate loans. Today, it launched its loan platform and is accessible to students on over 400 campuses across 31 states.
With more folks working at home than ever, and many on machines outside the purview of IT and security teams, it’s becoming increasingly imperative to find creative ways to protect them from harm. Today, Box announced it was adding automated malware detection tools to Box Shield,
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. So far, 2020 has proven to be a year of surprises and disappointments. Over the past month,
Instacart today is rolling out new ordering options aimed at unlocking more delivery windows amid a surge of demand for its online grocery service due to the COVID-19 outbreak. The company is introducing “fast & flexible” and “order ahead” options,
Last year Builder.ai raised one of Europe’s largest Series A investments at $29.5 million, led by Lakestar and Jungle Ventures, with participation from SoftBank’s DeepCore. The company’s platform, which allows for the fast-build of software and apps, has been used to create products for BBC,
Opportunity’s a hot currency, and every early-stage startup founder’s on the lookout for it. Anything and everything that can help bring the dream to fruition, right? You’ll find three days packed with opportunity at TechCrunch Disrupt San Francisco 2020?on September 14-16.
The U.K.’s fintech’s response to the coronavirus pandemic so far might best be described as “move fast, [and] make things,” as multiple and sometimes impromptu teams roll out financial technology solutions to help combat the crisis. Last month, I reported on “Covid Credit,
The European Commission has responded to the regional scramble for apps and data to help tackle the coronavirus crisis by calling for a common EU approach to boost the effectiveness of digital interventions and ensure key rights and freedoms are respected.
Oyo has placed thousands of employees on furloughs for up to three months in the U.S. and several other markets as the Indian budget lodging firm confronts the coronavirus outbreak that has cut its revenue and demand by over 50%. The startup’s teams in the U.S. are most impacted by the furloughs,
As it looks to continue along its path of developing clinically validated digital therapeutics for consumer and clinical mental health and wellness, Headspace has bulked up its executive team with the addition of longtime Intuit executive, CeCe Morken.
Fintech is white hot these days, with major acquisitions and funding rounds galore. It’s also a relatively new space, with startups only really breaching the thicket of regulations that defines the modern banking and finance world in the past few years.
Railsbank, the open banking and compliance platform, has picked up further investment, following the company’s $10 million Series A in September 2019. This time backing comes from Visa — a strategic investment, if you will — along with Global Brain, a venture capital firm based in Tokyo, Japan.
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