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Codota picks up $12M for an AI platform that auto-completes developers’ code

Thanks to smartphones and their downsized keyboards, autocomplete has become a nearly ubiquitous feature of how we write these days. To save us precious seconds composing and (at least in my fat-thumbed case) correcting words, our keyboards now prompt us with suggestions of what we’re trying to write to get the job done a little […]




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Factorial raises $16M to take on the HR world with a platform for SMBs

A startup that’s hoping to be a contender in the very large and fragmented market of human resources software has captured the eye of a big investor out of the US and become its first investment in Spain. Barcelona-based Factorial, which is building an all-in-one HR automation platform aimed at small and medium businesses that manages […]




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Cheetah, a restaurant wholesale app that pivoted to consumers for COVID-19, nabs $36M

A lot of restaurants have shuttered in the wake of stay-at-home guidance and government orders for non-essential businesses to close down, so a startup called Cheetah that provided a wholesale delivery service for them pivoted to selling to consumers, and now it’s raised a round of funding, both to expand its business and to help […]




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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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Amid stock market turbulence, investing app Stash raises $112M led by LendingTree

As coronavirus-hit financial markets continue to flip-flop in the wake of bad news followed by pockets of hope, a startup that aims to introduce ordinary consumers to investing has raised a big round of funding. New York-based Stash, which provides a mobile-first route to managing money through investment — as well as retirement, custodial and […]




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Lyft is laying off 982 employees, furloughing a further 288 due to COVID-19 pandemic

Less than 24 hours after it was reported that Uber was considering layoffs of 20% of staff, its big rival Lyft is announcing its own cuts. Today the company said it would be reducing employee count by 17%, working out to 982 employees, and furloughing an additional 288, due to the effects of the COVID-19 pandemic […]




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eBay Q1 reports sales of $2.374B, active buyers up to 174M in wake of COVID-19

After a quarter in which eBay, tussling with an activist investor, completed the sell-off of its ticketing business StubHub for $4 billion and saw appointed a new CEO after its previous one departed, while also weathering waves of surging demand and dodgy supply resulting from the COVID-19 pandemic, today the e-commerce company reported its Q1 […]




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Twitter Q1: sales up 3% to $808M as it swings to a loss on COVID-19, mDAUS hit record 166M

Despite traffic for many online properties being at an all-time high, advertising has fallen off a cliff because of the downturn in consumer activity outside the home and the wider economic pressures resulting from the COVID-19 pandemic. And today, Twitter reported quarterly earnings that bore this trend out. The ad-based social networking and media company said that […]




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Dribbble, a bootstrapped ‘LinkedIn’ for designers, acquires Creative Market, grows to 12M users

Traditionally dominated by big players like Adobe and Autodesk, the world of design has been flush with a newer wave of startups that are creating collaboration spaces and new cloud-based tools designed to address the needs of creatives. Today, two of those players are combining. Dribbble, an online community for designers that lets them post […]




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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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Intel to buy smart urban transit startup Moovit for $1B to boost its autonomous car division

Some big M&A is afoot in Israel in the world of smart transportation. According to multiple reports and sources that have contacted TechCrunch, chip giant Intel is in the final stages of a deal to acquire Moovit, a startup that applies AI and big data analytics to track traffic and provide transit recommendations to some […]




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Carmakers hit by lack of state support in emerging markets 

Suppliers that exploited cheaper labour hit by big wage bills for shuttered plants




1

Musk tweet knocks $14bn off Tesla market value

‘Stock price is too high’, writes outspoken chief executive




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Microsoft shares rise after the tech giant posts 15% growth

Today Microsoft reported its third-quarter, fiscal 2020 quarter earnings, the period of time corresponding to Q1 2020 on the regular calendar. The technology giant generated $35 billion in revenue, up 15% from the year-ago period. That top line led to $13 billion in operating income (+25% YoY), and $10.8 billion in net income (+22% YoY). […]




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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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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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Microsoft showcases 13 new titles for the Xbox Series X

With conferences canceled indefinitely, companies are increasingly reliant on online events to hype product launches. As they prepare to release a next-gen console before the end of the year, expect plenty of live streams and blogs from both Microsoft and Sony in an attempt to flesh out all that their respective systems have to offer. […]




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Markets Now - Tuesday 5th May 2020

Last updated 3:00pm BST. Featuring Royal Mail, Flutter, Stagecoach, Hiscox, Capital & Counties, Hammerson, Aston Martin, deep thoughts, kraftliner and Samhällsbyggnadsbolaget.




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Markets Now - Wednesday 6th May 2020

Last updated 2:00pm BST. Featuring ITV, National Express, Hiscox, Hammerson, LondonMetric, Metro Bank and OneSavings.




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Markets Now - Thursday 7th May 2020

Last updated 1:00pm BST. Featuring BT, Vodafone, IAG, Hyve, Tui, Aston Martin and Burberry.




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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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COVID-19 quarantine boosts smart speaker usage among U.S. adults, particularly younger users

The coronavirus outbreak has driven more consumers to turn to their smart speakers for news, information, music and entertainment, according to new data released today by NPR and Edison Research. Around three-quarters of U.S. adults 18 and up said their routines have been impacted due to COVID-19 and their media habits have changed as a […]




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Facebook to add gift cards, jobs and donation tools to its COVID-19 Community Help hub

Facebook is expanding its Community Help hub to better serve local communities amid the COVID-19 pandemic. The hub has already seen significant usage by those requesting food, supplies and information about local resources, as well as use by volunteers and groups willing to lend a hand. Now, Facebook is adding more features to the hub […]




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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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FTSE 100 companies prove their durability

If the UK stock market is in for more of a hiding, the FTSE 100 is likely to outperform the FTSE 250




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Fund managers back equities for 2012

What the experts are forecasting for next year




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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




1

Can we vary the terms of our family trust? 

We would like to extend it beyond its current period of 70 years




1

How can I manage the succession of our family business? 

My mother has early onset dementia and her health is deteriorating rapidly




1

Am I responsible for paying my landlord’s tax bill? 

HMRC’s letter says I might have to withhold tax from my rent 




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Can I cut our mortgage costs by negotiating a lower rate? 

Our household income has been hit hard by the coronavirus pandemic




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Will Covid-19 repatriation leave us with a large tax bill?

We are returning to the UK from the US following the virus outbreak




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Daily Crunch: iPhone sales decline in Q1

Apple’s earnings show the impact of COVID-19, NVIDIA’s top scientist shares an open source ventilator design and Amazon anticipates big spending in the coming months. Here’s your Daily Crunch for May 1, 2020. 1. iPhone sales are down, ahead of uncertain times for the industry Apple device sales have taken a hit, but the company’s […]




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An already struggling smartphone market takes a big hit from COVID-19

Quarter after quarter, familiar stories have appeared. The smartphone market, once seemingly bulletproof, has suffered. The list of factors is long, and I’ve written about them ad nauseam here, but the CliffsNotes version is: costs are too high, innovation is too incremental and most people already own a device that will be plenty good for […]




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Equity Shot: 1% is the new “growth”

Happy Saturday and welcome back to an Equity Shot, a short-form episode of Equity where we drill into one particular topic. There was so much news this week in our main areas of focus — startup funding rounds, new venture funds, that sort of thing — that we had to exclude earnings from the main […]




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The 13-inch MacBook Pro gets Apple’s much-improved keyboard

Following in the footsteps of the MacBook Air and 16-inch Pro, Apple’s 13-inch Pro model is finally getting the company’s much improved keyboard. It’s probably not enough reason for recent MacBook buyers to upgrade, but could well be the thing that pushes the indecisive over the edge. To sweeten the pot, the new laptop gets […]




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Daily Crunch: Apple upgrades the keyboard on the 13-inch MacBook Pro

Apple announces a new MacBook Pro, tech stocks take a dip and Uber Eats shuts down in seven markets. Here’s your Daily Crunch for May 4, 2020. 1. The 13-inch MacBook Pro gets Apple’s much-improved keyboard Following in the footsteps of the MacBook Air and 16-inch Pro, Apple’s 13-inch Pro model is finally getting the […]




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Apple and Google release sample code, UI and detailed policies for COVID-19 exposure-notification apps

Apple and Google are providing additional resources for developers working with the first version of their Exposure Notification API, the development tools the companies have created and are working on in order to provide a cross-platform way for public health agencies to notify individuals of a potential exposure to a person with a confirmed case […]




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NHS COVID-19: The UK’s coronavirus contacts-tracing app explained

The UK has this week started testing a coronavirus contacts-tracing app which NHSX, a digital arm of the country’s National Health Service, has been planning and developing since early March. The test is taking place in the Isle of Wight, a 380km2 island off the south coast of England, with a population of around 140,000. […]




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Autotech Ventures raises more than $150 million with an eye on ground transportation startups

Autotech Ventures popped on the scene three years ago with a $120 million debut fund and a plan to invest in early-stage ground transportation startups. Now, with investments in 26 startups and a handful of exits, including Xnor.ai, DeepScale and Frontier Car Group, the venture firm is back with a new, bigger fund and the […]




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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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Apple awards $10 million to rapidly scale COVID-19 sample collection kit production

Apple has awarded $10 million from its Advanced Manufacturing Fund to COPAN Diagnostics, a company focused on producing sample collection kits for testing COVID-19 to hospitals in the U.S. The money comes from the fund that Apple established to support the development and growth of U.S.-based manufacturing, but is particularly notable because to date, the […]




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Apple MacBook Pro 13-inch review

With the new MacBook, Apple closes one of the more unfortunate product chapters in its history. The upgraded 13-inch mercifully marks the end of the failed five-year experiment that was the butterfly switch. I won’t go into too much detail here. If you’ve purchased a MacBook in the past several years, you almost certainly know […]




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A nation standing together, in isolation 

The coronavirus crisis brought out the best in Britons, but underlying divides persist




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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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How this crisis will take us all back to the 1970s

Robert Shrimsley on why he’s braced for a return to the most dismal of decades




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MacBook Pro 16” first impressions: Return of the Mack

In poker, complacency is a quiet killer. It can steal your forward momentum bit by bit, using the warm glow of a winning hand or two to cover the bets you’re not making until it’s too late and you’re out of leverage.  Over the past few years, Apple’s MacBook game had begun to suffer from […]




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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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Review: 100,000 miles and one week with an iPad Pro

For the past eighteen months, the iPad Pro has been my only machine away from home, and until recently, I was away from home a lot, traveling domestically and internationally to event locations around the world or our offices in San Francisco, New York and London. Every moment of every day that I wasn’t at […]




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Apple said to sell Macs powered by in-house ARM-based chips as early as 2021

Apple’s long-rumored Mac ARM chip transition could happen as early as next year, according to a new report from Bloomberg. The report says that Apple is currently working on three Mac processors based on the design of the A14 system-on-a-chip that will power the next-generation iPhone. The first of the Mac versions will greatly exceed […]