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Negative rates tarnish bankers’ halos

The failures of loose monetary policy could prompt a fall from grace




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Roadside recovery and an aggravating communications breakdown

In an overleveraged world headed for economic slowdown, don’t rely on the heavily indebted for rescue




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UK economy: a Downing Street 'coup'

The FT's chief economics commentator says Boris Johnson's levelling-up mission will come at a cost




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Maintaining the lockdown and saving the economy are mutually compatible

It is not a matter of protecting people ‘or’ the economy but of protecting people ‘and’ the economy




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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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Amazon, Apple and Microsoft CEOs detail their companies’ efforts to combat coronavirus pandemic

The tech industry is mobilizing its considerable resources to attempt to support efforts against the growing global coronavirus pandemic. Over the weekend, the CEOs of Amazon, Apple and Microsoft all shared updates regarding some aspects of their company’s ongoing contributions, which range from donations of medical supplies and personal protective equipment (PPE) for frontline healthcare […]




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Samsung’s Galaxy Watch blood pressure monitoring app approved by South Korean regulators

Samsung Electronics announced today that its blood pressure monitoring app for Galaxy Watches has been approved by South Korean regulators. Called the Samsung Health Monitor, the app will be available for the Galaxy Watch Active2 during the third quarter, at least in South Korea, and added to upcoming Galaxy Watch devices. TechCrunch has contacted Samsung […]




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Amazon worker-activists form international organization to demand change in warehouses

Amazon workers across the world are formalizing their activism with the creation of the Amazon Workers International. Its first action is a letter to Amazon CEO Jeff Bezos and Amazon Director of UK Customer Fulfillment Stefano Perego in which the group demands the company makes permanent certain steps Amazon has implemented amid the COVID-19 pandemic. […]




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Nine senators — including Warren and Sanders — pen open letter to Amazon about worker firings

A group of nine Senators led by Massachusetts Democrat Elizabeth Warren penned an open letter to Amazon CEO Jeff Bezos this week, seeking more information about recent employee firings. The statement cites the terminations of four employees who were vocally critical of the company’s policies pertaining to both COVID-19 and climate change. Cosigned by Bernie […]




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Australian companies head to stock market in biggest rush since ’09

Companies lean heavily on equity in effort to dent blow from coronavirus




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Tuna surge propels Thai Union sales

Boost for world’s largest producer of the canned fish as consumers stockpile long-life goods




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Nintendo: Switch it up

Coronavirus has added months to game console’s lifespan, but not years




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Nintendo collects lockdown power-up as sales shift online

Jump in downloads helps Japanese video game group score 41% rise in profit




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Trump’s erratic China policy undermines western unity

Washington’s stance is alarming US allies when a joint approach is needed




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Ambani’s Jio extends US deal run as Vista takes $1.5bn stake

Investment in Reliance tech and telecoms division follows Facebook and Silver Lake agreements




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Chinese stranded abroad accuse Beijing of abandoning them

Government’s travel ban due to coronavirus makes it nearly impossible for citizens to return home




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Run:AI brings virtualization to GPUs running Kubernetes workloads

In the early 2000s, VMware introduced the world to virtual servers that allowed IT to make more efficient use of idle server capacity. Today, Run:AI is introducing that same concept to GPUs running containerized machine learning projects on Kubernetes. This should enable data science teams to have access to more resources than they would normally […]




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Equinix just recorded its 69th straight positive quarter

There’s something to be said for consistency through good times and bad, and one company that has had a staggeringly consistent track record is international data center vendor, Equinix. It just recorded its 69th straight positive quarter, according to the company. That’s an astonishing record, and covers over 17 years of positive returns. That means […]




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Enterprise companies find MLOps critical for reliability and performance

Machine learning ops focuses on the ML model and datasets, as opposed to code. Data engineers run MLOps, but it’s likely that the specialized role of MLOps engineer will come about soon.




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Trump’s America is threatening the nuclear peace

Hostility to multilateralism means the forces that contained proliferation are dissipating




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Waymo says it will resume driving operations starting in Phoenix next week

After suspending its self-driving operations at the end of March because of the COVID-19 pandemic, Waymo has announced it will resume driving operations on May 11 in Arizona. Waymo will start its driving operations in the Phoenix area again, a decision the company says it made after discussions with “our teams, partners and local and […]




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VCs see opportunities for gaming infrastructure startups and incumbents

As the infrastructure for developing games becomes more advanced, studios have turned to buying best-in-class technology from others instead of building everything from scratch (often with inferior quality). This shift underpinned Unity’s rise as the most popular game engine. The current focus on games as ever-evolving social hubs that can remain popular for a decade […]




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Italy’s corporate reopening stirs fears over more deaths

Conflicting pressures between health and preventing economic ruin divide country as it emerges from lockdown




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Companies ramp up orders for kit to protect workers

Manufacturers say they will struggle to provide equipment sought by business




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Thyssenkrupp warns on proceeds from lifts unit sale

Group says virus will hit restructuring, while private equity seeks to offload risk




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The real work of helping companies bounce back from coronavirus hasn’t even begun

Government loans a start but not the end; Pendragon takes a pop at Lookers; insurers and honey badgers




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EU industrial supply lines need strengthening, commissioner warns

Thierry Breton says coronavirus crisis shows vital supplies are vulnerable to disruption




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Dignity: perilous undertaking

An already grim outlook has become worse for the UK’s largest funeral director




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JetBrains Academy for learning code launches for free during COVID-19 pandemic

During this pandemic, many organizations are offering free or drastically cheaper courses to help people skill-up for when we eventually get out of lock-down. There are numerous outlets if you want to learn to code from, for instance, Freecodecamp or the Free Fridays scheme from General Assembly. And for gamers, Gamedev.tv has taken 80% off […]




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‘Gamified’ investing leaves millennials playing with fire

Slick stock-trading apps skip over the risks for inexperienced investors




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Private-equity backed companies dominate lowest depths of junk

Two-thirds of companies with lowly ratings from Moody’s were bought by PE groups




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Investors Chronicle: JD Sports, AstraZeneca, Virgin Money UK

Companies analysis from our sister publication




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Can companies still afford to care about sustainability?

Will environmental and social initiatives survive Covid-19? Our specialists answered your questions




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Thyssenkrupp raises possibility of giving away factory unit

German conglomerate hopes to offload lossmaking division to focus on steel




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Companies’ supply chains vulnerable to coronavirus shocks

Shortages of components likely to be far worse than expected, warn experts




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Boom says its supersonic XB-1 aircraft test program will be ‘fully carbon neutral’

Commercial aviation isn’t typically the place to look if you’re after carbon-light initiatives. Jet fuel isn’t generally very green, and airplanes burn a lot of it when traversing the skies. But supersonic flight startup Boom wants to change the perception of commercial aviation as an emissions-costly prospect, starting with their testing development program for the […]




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Panasonic is ending its solar cell partnership with Tesla

Panasonic said it will stop producing solar cells and modules at Tesla’s factory in Buffalo, N.Y., ending a four-year joint venture with the electric automaker.  Nikkei Asian Review was the first to report that Panasonic planned to end its production agreement with Tesla . Panasonic has since issued an announcement to explain its decision. Tesla […]




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VCs see opportunities for gaming infrastructure startups and incumbents

As the infrastructure for developing games becomes more advanced, studios have turned to buying best-in-class technology from others instead of building everything from scratch (often with inferior quality). This shift underpinned Unity’s rise as the most popular game engine. The current focus on games as ever-evolving social hubs that can remain popular for a decade […]




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California turns to vote-by-mail to keep residents safe come November

California Governor Gavin Newsom announced Friday that his state would issue a mail-in ballot to every registered voter for November’s election. Newsom issued the decision as an executive order in coordination with other California officials. The order will require all county election officials to provide mail-in ballots to voters, but it also provisions for in-person […]




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JetBrains Academy for learning code launches for free during COVID-19 pandemic

During this pandemic, many organizations are offering free or drastically cheaper courses to help people skill-up for when we eventually get out of lock-down. There are numerous outlets if you want to learn to code from, for instance, Freecodecamp or the Free Fridays scheme from General Assembly. And for gamers, Gamedev.tv has taken 80% off […]




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Cowboy VC’s Aileen Lee: Your coronavirus scenario planning should be more conservative

The tech industry (and the world at large) is not experiencing temporary anxiety — the uncertainty we’re all coping with is the new normal. Sudden shifts in behavior have made some startups targeting slow-moving, old-school industries more relevant than they could have imagined, such as those in telehealth, distance learning and remote work. Most, however […]




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Original Content podcast: ‘Too Hot to Handle’ might be a work of evil genius

Is “Too Hot to Handle” the dumbest show on Netflix … or the most diabolically brilliant? The reality TV series brings a group of twentysomethings together on a secluded tropical retreat, then — after a brief getting-to-know-you period — warns them that anything even coming close to sex will result in a reduction of the […]




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This $3.5 million new Pagani hypercar got its world debut in a Zynga mobile game

High-priced, handmade boutique sports cars typically make their debut where the well-heeled and the media gather. Pagani took a different approach this time around. The Italian supercar manufacturer unveiled its new nearly $3.5 million Huayra Roadster BC in CSR2, the mobile game produced by Zynga . The physical car will eventually get its moment. Pagani […]




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Square’s The Avengers stars vaguely familiar versions of Marvel’s iconic heroes

This evening’s Square E3 press was…something. After more than an hour of Final Fantasy remasters, the publisher closed things out with far and away its most eagerly awaited game. Licensing some white hot IP, the RPG masters at Square are offering up their own take on Earth’s mightiest heroes. Bay Area-based Crystal Dynamics addressed what […]




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Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC

November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian-focused payment ventures. That is equivalent to roughly one-third of all the startup VC raised for the entire continent in 2018, according to Partech stats. A notable trend-within-the-trend is that […]




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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 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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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 […]