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Leaked pics reveal Google smart debit card to rival Apple’s

Would you pay with a “Google Card?” TechCrunch has obtained imagery that shows Google is developing its own physical and virtual debit cards. The Google card and associated checking account will allow users to buy things with a card, mobile phone or online. It connects to a Google app with new features that let users […]




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Instagram founders launch COVID-19 spread tracker Rt.live

Instagram founders Kevin Systrom and Mike Krieger have teamed up to launch their first product together since leaving the Facebook mothership. Rt.live is an up-to-date tracker of how fast COVID-19 is spreading in each state. “Rt” measures the average number of people who become infected by an infectious person. The higher above the number 1, […]




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Facebook launches drop-in video chat Rooms to rival Houseparty

Facebook is co-opting some of the top video chat innovations like Zoom’s gallery view for large groups and Houseparty’s spontaneous hangouts for a new feature called Rooms. It could usher in a new era of unplanned togetherness via video. Launching today on mobile and desktop in English speaking countries, you can start a video chat […]




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How freight master Flexport’s Ryan Petersen learned to CEO

“I didn’t know what the term ‘freight forwarder’ meant until a year into starting the business.” Considering his shipping logistics startup Flexport was last valued at $3.2 billion, that quote from my first interview with CEO and founder Ryan Petersen back in 2016 seems even more surprising now. But it also hints at why he’s […]




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Original Content podcast: Netflix’s ‘Middleditch & Schwartz’ might change your mind about improv

We’ll admit it: Some of your Original Content podcast hosts are a little skeptical about improvised comedy. Of course, we can enjoy improv when it’s done well. It’s just that we’ve seen it done less well, often by friends who are so enthusiastic without being particularly funny. And our friends aside, live improv has rarely […]




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IRL, the calendar app for virtual events, launches a web product

IRL, the recently pivoted calendar app that aggregates live virtual events, has today launched a web version of the platform. The company, which has $11 million in funding from Goodwater Capital, Founders Fund and Floodgate, started as a social planning app that helped folks find each other in the real world, based on interest and […]




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WTO issues new report on treatment of medical products in regional trade agreements

The WTO Secretariat has published a new report on the treatment of medical products in regional trade agreements (RTAs) amid current supply shortages caused by the COVID-19 pandemic. The report examines the extent medical products are traded among preferential partners and the difference in liberalization rates within and outside these trade agreements.




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Canada gives CAD 450,000 to help developing countries take part in farm trade

The government of Canada contributed CAD 450,000 (just over CHF 300,000) in 2020 to help developing countries and least-developed countries (LDCs) comply with international food safety, animal and plant health standards, with the aim of increasing their access to agricultural markets.




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Canada donates CAD 90,000 to help developing countries participate in international trade

Canada has contributed over CAD 90,000 (approximately CHF 60,000) in 2020 to enhance the trading capacities of developing countries and least-developed countries (LDCs). This donation to the WTO’s DDA Global Trust Fund will finance training workshops and seminars for government officials, with the aim of deepening their understanding of current trade issues and challenges and improving their negotiating skill-set.




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WTO report looks at role of e-commerce during the COVID-19 pandemic

The WTO Secretariat has published a new information note looking at how the COVID-19 pandemic has affected e-commerce, including the implications for cross-border trade. It notes the increased use of e-commerce as consumers adapt to lockdowns and social distancing measures and draws attention to several challenges, such as the need to bridge the digital divide within and across countries.




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WTO issues report on trade impacts for WTO members graduating from LDC status

A new report issued by the WTO on 8 May seeks to help least developed countries (LDCs) better understand the trade-related implications of graduation from LDC status. The product of a joint effort between the WTO and the Enhanced Integrated Framework (EIF), “Trade Impacts of LDC Graduation” looks at how graduation may affect LDCs’ participation in world trade, including their access to export markets, and implications for their WTO commitments.




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WeWork CEO Adam Neumann has reportedly cashed out of over $700 million ahead of its IPO

Adam Neumann, the co-founder and chief executive of the international real estate co-working startup WeWork has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the payouts, made through a mix of stock sales and loans secured by his equity in the company, […]




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DoorDash is buying Caviar from Square in a deal worth $410 million

DoorDash has reached an agreement with Square to purchase on-demand food delivery and catering business Caviar. DoorDash has agreed to pay Square $410 million in cash and preferred DoorDash stock. Square bought Caviar about five years ago in a deal worth about $90 million. Now, Caviar has found a new home with DoorDash, the on-demand […]




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Payments infra startup Finix closes $35M Series B led by Sequoia

This morning Finix, a software-as-a-service (SaaS) startup selling payments tech to other businesses, announced that it has raised a $35 million Series B. Sequoia led the round, which also saw participation from new investors Activant Capital and Inspired Capital. Finix did not disclose a new valuation as part of its round, and declined to share […]




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8 top fintech VCs discuss COVID-19 trends, signals and opportunities

In recent years, fintech’s revolution has felt like a rising tide. Behemoths like Stripe and Square edged out banks while newbies like Brex nonchalantly raised nine-figure rounds. Today, however, the state of the financial technology industry feels more wobbly — some healthy startups in the genre are faring better than ever, while others are feeling […]




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EIA's Annual Energy Outlook 2020 explores the changing U.S. energy mix through 2050 as consumption grows more slowly than production, particularly of oil, natural gas, and renewables, resulting in increasing exports and relatively stable CO2 emissions

The U.S. Energy Information Administration (EIA) released updated projections of future U.S. energy production and use in its Annual Energy Outlook 2020 (AEO2020) today.




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EIA expects the United States will return to being a net importer of crude oil and petroleum products

In the April Short-Term Energy Outlook (STEO), EIA forecasts that the United States will again become a net importer of crude oil and petroleum products in the third quarter of 2020 and remain a net importer in most months through the end of 2021. Fewer barrels are available for export as U.S. crude oil production continues to decline. In addition, net exports of petroleum products will be lowest in the third quarter of 2020, when U.S. refinery runs decline in response to lower demand for refined products.




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WeWork CEO Adam Neumann has reportedly cashed out of over $700 million ahead of its IPO

Adam Neumann, the co-founder and chief executive of the international real estate co-working startup WeWork has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the payouts, made through a mix of stock sales and loans secured by his equity in the company, […]




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Quarantine creates new opportunities for video makers, according to a Butter Works report

While global stay-at-home orders have been a blow to most companies, they’ve also created opportunities for businesses helping to keep people entertained. So if you’re a YouTube creator hoping to capture some additional eyeballs while everyone’s stuck at home, online video agency Butter Works has released an interactive report outlining the most promising topics for […]




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Original Content podcast: Netflix’s ‘Middleditch & Schwartz’ might change your mind about improv

We’ll admit it: Some of your Original Content podcast hosts are a little skeptical about improvised comedy. Of course, we can enjoy improv when it’s done well. It’s just that we’ve seen it done less well, often by friends who are so enthusiastic without being particularly funny. And our friends aside, live improv has rarely […]




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Yelp is making it easier for businesses to highlight their virtual services

As businesses struggle to reinvent themselves in the midst of the COVID-19 pandemic, Yelp is launching new features to help highlight these changes. For one thing, it’s adding a new information category called virtual service offerings, which will allow businesses to showcase the fact that they’re providing things like virtual consultations, classes, tours and performances. […]




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7 VCs discuss how COVID-19 is changing the media startup landscape

The world has changed dramatically since May 2019 when we last surveyed venture capitalists about the trends they were seeing in media, entertainment and gaming. Since then, COVID-19 and the resulting physical distancing measures have created plenty of demand for companies helping to inform and entertain us as we’re stuck at home. At the same […]




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Goldman Sachs backs electric toothbrush startup Burst Oral Care

Burst Oral Care, a startup that sells an electric toothbrush boasting charcoal bristles and 33,000 sonic vibrations per minute, has raised a Series C of undisclosed size. Although we don’t know the amount of the round, the Series C was led by Goldman Sachs Growth Equity, and Burst says it more than doubled the valuation […]




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Daily Crunch: Zoom acquires security startup Keybase

Zoom acquires some encryption expertise, Uber makes a big investment in scooters and we review the new 13-inch Macbook Pro. Here’s your Daily Crunch for May 7, 2020. 1. Zoom acquires Keybase to get end-to-end encryption expertise Keybase, whose encryption products include secure file sharing and collaboration tools, should give Zoom some security credibility as […]




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U.S. gasoline price continues to increase (short version)

The U.S. average retail price for regular gasoline rose to $2.58 a gallon on Monday. That's up 7 tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (short version)

The U.S. average retail price for regular gasoline fell to $2.57 a gallon on Monday. That's down 8 tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price continues to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.54 a gallon on Monday. That's down 3.3 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price continues to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.51 a gallon on Monday. That's down 3.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price continues to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.46 a gallon on Monday. That's down 5.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price continues to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.42 a gallon on Monday. That's down 3.6 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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Crude oil markets face ongoing uncertainties

Events in January contributed to ongoing uncertainty in crude oil markets, according to the U.S. Energy Information Administration. On January 6, Brent crude oil prices closed at $70 per barrel following U.S. military operations in Iraq, the highest price since May 2019. However, as tensions in the Middle East de-escalated and market concerns over a related oil supply disruption faded, crude oil prices fell. The outbreak of the coronavirus and subsequent travel bans significantly disrupted transportation-related oil demand in China as well as other countries. This accelerated the decline in crude oil prices, despite ongoing crude oil supply disruptions in Libya. Prices closed at $54 per barrel on February 4, the lowest level since December 2018. In the February Short-Term Energy Outlook, EIA estimates the Brent crude oil price will average $58 per barrel during the first half of the year and rise to $64 per barrel during the second half of the year. Brent crude oil spot prices are expected to average $61 per barrel for 2020 as a whole.




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U.S. gasoline price increases (short version)

The U.S. average retail price for regular gasoline rose to $2.43 a gallon on Monday. That's up 9 tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price continues to increases (short version)

The U.S. average retail price for regular gasoline rose to $2.47 a gallon on Monday. That's up 3.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (short version)

The U.S. average retail price for regular gasoline fell to $2.42 a gallon on Monday. That's down 4.3 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price continues to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.38 a gallon on Monday. That's down 4.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline prices continue to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.25 a gallon on Monday. That's down 12.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline prices continue to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.12 a gallon on Monday. That's down 12.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline prices continue to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.01 a gallon on Monday. That's down 11 1/2 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline prices continue to decrease (short version)

The U.S. average retail price for regular gasoline fell to $1.92 a gallon on Monday. That's down 8.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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United States will return to importing more crude oil and petroleum products than it exports

In the April Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that the United States will again become a net importer of crude oil and petroleum products in the third quarter of 2020 and remain a net importer in most months through 2021. More net imports of crude oil and less net exports of petroleum products drove this change. EIA expects net crude oil imports to increase because as U.S. crude oil production declines, fewer barrels will be available for export. Net exports of petroleum products will be lowest in the third quarter of 2020, when U.S. refinery runs will decline significantly because of lower demand for refined products. In September 2019, the United States exported more crude oil and petroleum products than it imported for the first month since records began in 1973. EIA previously expected the United States to continue as a net exporter in most months through 2021. However, as a result of recent significant changes in global oil market dynamics, EIA now expects U.S. imports and exports will be even in 2020. It is important to note that the April outlook is subject to heightened levels of uncertainty because the impacts of the 2019 novel coronavirus disease on energy markets are evolving.




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U.S. gasoline prices continue to decrease (short version)

The U.S. average retail price for regular gasoline fell to $1.85 a gallon on Monday. That's down 7.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel prices continue to decrease (short version)

The U.S. average retail price for regular gasoline fell to $1.81 a gallon on Monday. That's down 4.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline prices continue to decrease (short version)

The U.S. average retail price for regular gasoline fell to $1.77 a gallon on Monday. That's down 3.9 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration




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U.S. gasoline price increases for first time since February (short version)

The U.S. average retail price for regular gasoline rose for the first time since February to $1.79 a gallon on Monday. That's up 1.6 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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New international standards for audit reports are game-changing - 20 Jan

After three years in development, the International Auditing and Assurance Standards Board (IAASB) has released a set of standards that are game-changing for shareholders and the profession, says PwC.




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Supporting Adelaide's Entrepreneurs - 23 Jan

For members of Australia's start up community, Adelaide is fast growing the reputation of a national entrepreneurial hub.




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PwC Appoints New Public Transport Leader - 4 Feb

PwC has appointed the former CEO of Transdev Australasia, Jonathan Metcalfe, to lead the public transport practice.




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Australian National Committee for UN Women welcomes partnership with PwC Australia - 17 Feb

PwC Australia is delighted to announce a partnership with The Australian National Committee for UN Women in a joint effort to promote gender equality.




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Widening Gender Pay Gap sees Australia fall Furthest in Global Rankings: PwC Women in Work Index - 3 Mar

Australia dropped six places to 15th position - the largest drop out of the 27 OECD countries measured.




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PwC brings in the experts to help drive Diversity efforts - 14 Apr

PwC Chief Executive Luke Sayers today announced the members of an external advisory board charged with moving the firm towards greater diversity and inclusion among its people.