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Public trust in CEOs ‘evaporates’; building back better with UK social housing; EM green bonds take off

Your guide to the investment and business revolution you can’t afford to ignore




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Equity Monday: Intel covets Moovit, two early stage rounds, and Uber’s earnings

Good morning and welcome back to TechCrunch’s Equity Monday, a jumpstart for your week. Equity had a busy last few days, so to help you catch up: Friday’s episode was a lot of fun (Duolingo, Figma, OMERS, and aquafaba), and we also dropped an Equity Shot on Saturday, digging into the first major technology earnings week. […]




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Europe should be wary of Olaf Scholz’s proposals

The German finance minister’s proposition on EU deposit insurance are not quite what they seem




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A grand bargain for Europe might yet be possible

Security and climate change will be high on Ursula von der Leyen’s list of priorities




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There is a void where EU foreign policy should be

The continent could become a playground of conflicting US, Chinese and Russian interests




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Pinn’s illustration of the week: ‘A beautiful timeline’

Donald Trump plans to reopen US for business despite coronavirus




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Samsung earnings guidance stays upbeat despite global macro crisis

Samsung overnight released its earnings guidance for the first quarter of 2020, stating that it expected sales of $45.4 billion and an operating profit of roughly $5.3 billion. The company’s fiscal year is aligned to the standard calendar year, and it will announce official earnings results on April 23. Those numbers are slightly up from […]




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Google said to be preparing its own chips for use in Pixel phones and Chromebooks

Google is reportedly on the verge of stepping up their hardware game in a way that follows the example set by Apple, with custom-designed silicon powering future smartphones. Axios reports that Google is readying its own in-house processors for use in future Pixel devices, including both phones and eventually Chromebooks, too. Google’s efforts around its […]




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Spotify Q1 beats on sales of $2B with monthly active users up 31% to 286M

The coronavirus may be decimating some corners of the economy, but the impact on the digital music, as evidenced by the world’s biggest music streaming company, appears to be minimal. Today Spotify reported its earnings for Q1 with revenues of €1.848 billion ($2 billion at today’s rates) and an inching into a positive net income […]




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Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago

Amazon has been one of the biggest names synonymous with how the consumer masses are experiencing life under lockdown: its site lets you buy anything from soup to nuts, from books to baking pans for all your sourdough; and via its streaming services, it gives you many ways to stay entertained. But it can also […]




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Liberty’s Virgin Media and Telefonica’s O2 to merge in the UK in $39B deal

The regulators said “NO” when Telefonica tried to combine its O2 operations in the UK with rival carrier, Hutchison-owned Three, back in 2015. But Telefonica didn’t let go of the idea of divestment, and five years later, in the middle of a health pandemic with related threats of a global economic depression looming over us, […]




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In spite of pandemic (or maybe because of it), cloud infrastructure revenue soars

It’s fair to say that even before the impact of COVID-19, companies had begun a steady march to the cloud. Maybe it wasn’t fast enough for AWS, as Andy Jassy made clear in his 2019 Re:invent keynote, but it was happening all the same and the steady revenue increases across the cloud infrastructure market bore […]




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NEAR Protocol raises $21.6M from A16Z and launches its MainNet, beating Ethereum 2.0

It was only the other week that Andreesen Horowitz announced their second blockchain-focused fund of $515 million. In the announcement, they said: “We are still early in this Web 3 build-out. High-performance programmable blockchains will make decentralized network development much more accessible. After years of R&D, we are excited that a number of next-gen programmable […]




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EA games on PS4 and Xbox One could be ‘upgraded free’ to next-gen console versions

2020 and 2021 will be one of the periodic transitional eras in gaming as Sony and Microsoft debut their shiny new consoles, the PlayStation 5 and Xbox Series X. To ease the process (and spur adoption of the next generation), EA may make its upcoming titles free to “upgrade” to your chosen console. On an […]




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Dtex, a specialist in insider threat cybersecurity, raises $17.5M

A lot of enterprise cybersecurity efforts focus on malicious hackers that work on behalf of larger organizations, be they criminal groups or state actors — and for good reason, since the majority of incidents these days come from phishing and other malicious techniques that originate outside the enterprise itself. But there has also been a […]




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The next round of Covid-19 fundraisings will not be as smooth

Contrary to some fears, equity calls on the London market have been relatively orderly




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YouTube TV to gain 14 more ViacomCBS channels in expanded distribution deal

YouTube TV is expanding its lineup of channels thanks to a new, multi-year distribution agreement with ViacomCBS, announced this morning. The Google-owned streaming TV service is gaining 14 new ViacomCBS channels as a result of the deal, including news, sports, and entertainment offerings. It will also continue to carry CBS broadcast stations, CBS Sports Network, […]




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I earn above £50,000 — should I stop claiming child benefit?

HMRC has sent an email saying that my tax code has changed




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How can I ensure my child gets the best education?

My ex-husband and I have recently divorced and have a school-aged son




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I’ve been asked to take a pay cut, should I agree?

My employer has said that if we don’t cut salaries redundancies will be on the cards




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Your iPhone will soon be able to tell 911 about your medical conditions and allergies

Got something in your medical history that first responders should know about if you call 911? Things like known drug allergies, or the medications you’re on? The iPhone and Apple Watch will soon be able to share this information with first responders automatically (if you opt to let it do so). When a user with […]




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Xiaomi, Samsung and others begin to resume smartphone production in India

Xiaomi, Vivo, Samsung, Oppo and other smartphone companies have received approval from some state governments in India to partially resume manufacturing and assembling of devices amid the ongoing lockdown in the world’s second largest handset market that completely shut operations at these plants in late March. The companies said that they have secured permission to […]




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Marx, Gramsci and strikes: life at Tony Benn University

Thinking up the most leftwing ideas imaginable is tricky when several were in the last Labour manifesto




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Honestly, who’d be a burglar now?

Our streets are almost empty, our houses full of people — and self-employed operators still aren’t covered 




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UK parliament has been shamefully missing in this crisis

Democratic politics functions on the premise that accountability improves outcomes




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Covid-19: how I’m betraying my class in the lockdown

No family song on Facebook, no dance routine, no home-grown tomatoes… is it time to raise our game?




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Robert Shrimsley: After the coronavirus phone tracker, a few other life-saving apps

Post-lockdown, technology could help us contain Covid-19. But why stop there?




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Adobe details feature roadmap for Photoshop on the iPad, subject selection coming in 2019

Adobe has taken quite a bit of heat for its release of Photoshop on the iPad, mostly because it’s not as feature-complete as a lot of users were hoping, given that this is meant to be a full version of Photoshop on par with the desktop edition on Apple’s tablet OS for the first time. […]




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Adobe celebrates Photoshop’s 30th anniversary with new desktop and mobile features

Adobe’s Photoshop celebrates its 30th birthday today. Over that time, the app has pretty much become synonymous with photo editing and there will surely be plenty of retrospectives. But to look ahead, Adobe also today announced a number of updates to both the desktop and mobile Photoshop experiences. The marquee feature here is probably the […]




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iPads become more laptop-like with the arrival of full mouse and trackpad support

Apple just dumped a bunch of hardware news online via press release. That’s just the world we live in right now. We’ll probably be seeing a whole lot of this in the coming weeks and months, as companies adjust to the new online reality. Along with a new MacBook Air and update to the Mac […]




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Apple said to be planning fall iPhone refresh with iPad Pro-like design

Apple is readying a new iPhone for fall to replace the iPhone 11 Pro this fall, Bloomberg reports, as well as follow-ups to the iPhone 11, a new smaller HomePod and a locator tag accessory. The top-end iPhone 11 Pro successors at least will have a new industrial design that more closely resembles the iPad […]




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Commercial real estate could be in trouble, even after COVID-19 is over

Commercial real estate owners, brokers and landlords have collectively made many hundreds of billions of dollars a year in recent years as the economy zipped along. Now, they’re getting clobbered by the pandemic-fueled economic crisis. Worse, their industry may be forever changed by it. To state the obvious, extracting rent from nearly anyone right now […]




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Death can be an expensive business

One third of over-55s don’t even have a will — but they can get one for free in October




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WeWork, Woodford and the modern ‘bezzle’

The route to success these days is not chasing profits but hoarding market share




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Before we soak the rich, we need to figure out who they are

Look at the numbers and you can see how much age matters when it comes to wealth




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Buying the coronavirus dip would be bold indeed

The global economy was already looking a bit ropey and vulnerable to shocks




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Are you brave enough to hunt for value in a bear market? 

We have no real sense of how to value stocks in this environment




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Britain after Brexit will not be alone, but it will be lonelier

The UK is entering a new world, going its own way while superpowers dominate




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Trump’s re-election would be dangerous for the world

The notion of the west as an alliance with moral foundations would evaporate if the president wins




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Britain needs to be crystal clear about its virus strategy

After blundering, the government must admit that the lockdown will not be over in three weeks




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Monetary financing demands sober management

It is simply another policy tool, neither the royal road to hyperinflation nor a cure-all




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Martin Wolf: coronavirus could be worst economic crisis since Great Depression

Pandemic's economic impact compared with historic crises of 1930s and 2008




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People cannot just be ordered back to work and to spend

It seems foolish to imagine the UK will swiftly return to life as it was before Covid-19




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Online learning marketplace Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

The internet has, for better or worse, become the default platform for people seeking information, and today one of the companies leveraging that to deliver educational content has raised some funding to fuel its next stage of growth. Udemy, which provides a marketplace offering some 150,000 different online learning courses from business analytics to ukulele […]




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Silicon Valley could be Biden’s funding lifeline post South Carolina

Presidential candidate Joe Biden is likely to throw a fundraising lifeline to Silicon Valley after his commanding South Carolina victory and heading into the next wave of primaries. A pro-Biden Super PAC, Unite the Country — whose past backers include senior tech figures — is picking up efforts to tap wealthy donors, Treasurer Larry Rasky […]




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Facebook, Reddit, Google, LinkedIn, Microsoft, Twitter and YouTube issue joint statement on misinformation

In an unprecedented move to reassure customers and flag the potential for misinformation about COVID-19 on their platforms, all of the major social media companies and their parent corporations issued a joint statement on their efforts. “We invite other companies to join us as we work to keep our communities healthy and safe,” the statement […]




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Apple said to be working on modular, high-end, noise-cancelling over-ear headphones

Apple is said to be developing its own competitors to popular over-ear noise-cancelling headphones like those made by Bose and Sony, Bloomberg reports, but with similar technology on board to that used in the AirPod and AirPod Pro lines. These headphones would also include a design with interchangeable parts that would allow some modification with […]




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The $99 Mendel Air Sensor uses data to help you grow better veggies (or weed)

The Mendel Air Sensor app is the first app I open every morning. Before Reddit, before Gmail, before NYT. I roll over, grab my phone and check my plants. I don’t know if there’s a higher honor I can bestow on an app. The Mendel Air Sensor is a game-changer for indoor growers. It offers […]




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Nvidia’s top scientist develops open-source ventilator that can be built with $400 in readily available parts

Nvidia Chief Scientist Bill Dally has released an open-source ventilator hardware design he developed in order to address the shortage resulting from the global coronavirus pandemic. The mechanical ventilator design developed by Dally can be assembled quickly, using off-the-shelf parts with a total cost of around $400 — making it an accessible and affordable alternative […]




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Xiaomi, Samsung and others begin to resume smartphone production in India

Xiaomi, Vivo, Samsung, Oppo and other smartphone companies have received approval from some state governments in India to partially resume manufacturing and assembling of devices amid the ongoing lockdown in the world’s second largest handset market that completely shut operations at these plants in late March. The companies said that they have secured permission to […]