You can easily read optimism in the stock market. Ask around the private markets, however, and you'll hear a very different narrative.

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 […]

Oxwash, a UK-based laundry startup that’s aiming to disrupt traditional but environmentally costly washing and dry-cleaning processes by using ozone to sterilize fabrics at lower temperatures, along with electric cargo bikes for hyper local pick ups and deliveries, has bagged a £1.4 million (~$1.7M) seed. Backers in the funding round include TrueSight Ventures, Biz Stone […]

Could Retirement Interest Only mortgages be an option for many older people?

The struggles of Uber provide a stark lesson of the dangers of buying new issues

Investment trusts pass the longevity test and could provide the answer 

If you fall for a scam, who is to blame — you or your bank?

From social mobility to how tax policy has shaped our history — and future

The hum of the helicopters needs to start getting louder

Technology means small shareholders need not — and should not — be excluded from emergency equity fundraisings

Achieving zero emissions by 2050 would require unprecedented global co-operation

“I want to build a business which profiles every single researcher and healthcare professional in the world and I want to sell it to industry,” says Ariel Katz, the co-founder and chief executive of H1 Insights.  With the healthcare industry on a mission to digitize and analyze every conceivable data point it can to wring […]

Tech companies are getting so large that Russia is fast-tracking laws aimed at developing "digital sovereignty." How will these regulations affect tech companies looking to do business in the country?

There is a major change ahead for LinkedIn, the social network for the working world, now with 675 million members. Jeff Weiner, who has been leading the company as CEO for the past 11 years, is stepping down on June 1, 2020. His new role will be executive chairman. Ryan Roslansky, who is currently head […]

LinkedIn has cornered the market when it comes to putting your own professional profile online and using it to network for jobs, industry connections and professional development. But when it comes to looking at a chart of the people, and specifically the leadership teams, who make up organizations more holistically, the Microsoft-owned network comes up […]

LinkedIn has no plans to make COVID-related layoffs until at least the end of 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. Other business leaders such as Bank of America’s CEO Brian Moynihan […]

Just months after graduating from Y Combinator, H1 Insights, the LinkedIn for the healthcare industry, has raised $12.9 million in a new round of funding. “It’s a better way to connect the ecosystem,” says co-founder Ariel Katz. The company already has more than 8 million profiles for healthcare professionals in its database and is generating […]

Thermal imaging wearables used in China to detect COVID-19 symptoms could soon be deployed in the U.S. Hangzhou based AI startup Rokid is in talks with several companies to sell its T1 glasses in America, according to Rokid’s U.S. Director Liang Guan. Rokid is among a wave of Chinese companies creating technology to address the […]

A lot of startups have answered the call for more personal protective equipment (PPE) and other essentials to support healthcare workers in their efforts to curb the spread and impact of COVID-19. One of those is direct-to-consumer 3D-printed eyewear brand Fitz, which is employing its custom-fit glasses technology to build protective, prescription specs for front-line […]

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 […]

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 […]

When I first met Bustle Digital Group’s Jason Wagenheim, New York City was just beginning to go into lockdown. The BDG offices were empty thanks to the company’s newly instituted work-from-home policy, but it still seemed reasonable to meet in-person to learn more about BDG’s broader vision. At the time, Wagenheim — a former Fusion […]

If you find voice assistants frustratingly dumb, you’re hardly alone. The much-hyped promise of AI-driven vocal convenience very quickly falls through the cracks of robotic pedantry. A smart AI that has to come back again (and sometimes again) to ask for extra input to execute your request can seem especially dumb — when, for example, […]

There are few more messages more timely than the opening line, “Dance your cares away, worry’s for another day” (or is it “worries?”). Today the familiar Fraggle Rock bass line returns, along with the titular felt underground dwellers, as the first of a new series of mini-episodes hits Apple TV+. Apple’s streaming service will post […]

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 […]

The latest budget iPhone arrived this month to largely positive reviews. The next flagship, on the other hand, may have to wait. The COVID-19 pandemic is having all manner of knock-on effects on the global economy, and the supply chain is certainly not immune. The Wall Street Journal this morning is reporting that the iPhone […]

Face ID was a great idea — until large swathes of the world were forced to wear face masks, rendering it largely useless. Apple has apparently heard our pain. Users are reporting a subtle new feature in the latest developer version of iOS 13.5 that will make it easier to unlock your iPhone without having […]

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 […]

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 […]

For all of its strengths, Google hasn’t exactly led the way in podcasting. After years of letting third-party developers dominate the category on Play, the company finally introduced its own Podcasts app. Since then, however, it’s been largely eclipsed by Spotify as second place to Apple’s longstanding efforts. Google Podcasts is finally available on iOS […]

The Indian government has said that its contact-tracing app Aarogya Setu “by design” fetches the location data of its 90 million users and allows them to view the concentration of people who have tested positive for the coronavirus in their vicinity. New Delhi issued the statement after France-based security researcher Baptiste Robert found what he […]

YouTube is giving advertisers a few more tools to reach consumers and measure ad effectiveness on TVs. These tools already exist for YouTube on other platforms, but now the Google -owned video service is bringing them to connected televisions. In a blog post, it says this is in response to how YouTube viewership has grown […]

Google today launched an update to its Duo video chat app (which you definitely shouldn’t confuse with Hangouts or Google Meet, Google’s other video, audio and text chat apps). There are plenty of jokes to be made about Google’s plethora of chat options, but Duo is trying to be a bit different from Hangouts and […]

Keeping cinemas open will not stop operators from falling into a sea of red ink

Vice-chairman Lee Jae-yong’s claim that family will release control over tech giant met with scepticism

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

Kingdom offers crude to US at a premium but shows reluctance to lose Asian market share

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

A collapse in global car-booking demand was offset by a surge in food delivery at Uber

For the most part, its unravelling ought to be of deep concern. But we need a new social compact

Founders plan for further expansion in Wuhan and beyond

Cockroach Labs, the NYC enterprise database company, announced an $86.6 million Series D funding round today. The company was in no mood to talk valuations, but was happy to have a big chunk of money to help build on its recent success and ride out the current economic malaise. Altimeter Capital and Bond co-led the […]

In spite of being in the midst of a pandemic sowing economic uncertainty, one area that continues to thrive is cloud computing. Perhaps that explains why Microsoft, which saw Azure grow 59% in its most recent earnings report, announced plans to open a new data center in New Zealand once it receives approval from the […]

Zoom announced this morning that it has acquired Keybase, a startup with encryption expertise. It did not reveal the purchase price. Keybase, which has been building encryption products for several years including secure file sharing and collaboration tools, should give Zoom some security credibility as it goes through pandemic demand growing pains. The company has […]

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 […]

Founders hunting down capital in the middle of this pandemic may feel like they’re on a fool’s errand, but some investors are still offering financing, even if the terms might not be as good as they once were. One avenue that appears to remain open: corporate venture capital. The corporate route offers its own set […]

When Zoom started having security issues in March, they turned to former Facebook and Yahoo! Security executive Alex Stamos, who signed on as a consultant to work directly with CEO Eric Yuan. The goal was to build a more cohesive security strategy for the fast-growing company. One of the recommendations that came out of those […]

In the face of rising U.S. income inequality and concerns about job loss to automation, some of Silicon Valley’s best-known names including Y Combinator’s Sam Altman have spoken up in favor of a universal basic income that would give people a baseline standard of living in an economy that may not be able to produce […]

It’s not a converted industrial warehouse in Brooklyn. Or a stately, century-old building in the Flatiron. But YC-backed Regalii’s atypical office location up in the Dominican-heavy Washington Heights neighborhood of Manhattan has given it plenty of insights into its working-class immigrant customer base. The startup, co-founded by several Latino founders who personally knew the hassles of sending money home, […]

In the beginning, there were three. There was Leap Transit, the Andreessen Horowitz-backed bus startup stocked with Blue Bottle Coffee and furnished with plush stool seating for morning and evening commuters. Then there was the Nightschool’s nostalgic take with off-duty schoolbuses for late-night transport between the East Bay and San Francisco after the region’s commuter rail system BART shut down […]