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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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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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Symend raises $52M to help mediate when customers are at risk of defaulting on payments

With unemployment growing at a worrying rate, we’re seeing a lot more people finding themselves in hot water when it comes to their finances. Today a startup that’s built a platform to help identify and help those users when they find themselves unable to make payments is announcing a very large growth round of funding […]




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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




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Nissan warns of nearly $900m loss as sales collapse

Pressure mounts on carmaker and alliance with Renault and Mitsubishi as groups burn through cash




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Bosch warns of ‘significantly’ steep recession for auto industry

Volkswagen and Daimler report billions of dollars in lost profits due to impact of coronavirus




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Tesla ekes out profit despite coronavirus disruptions

Shares soar in after-hours trading following better than expected figures




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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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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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Microsoft’s Surface Go 2 and Surface Book 3 are official

The days of the big product event are on hold for the foreseeable future. Until then, a big blog post will have to do. A day after announcing that Microsoft would be shifting focus away from dual-screen devices, Chief Product Officer Panos Panay took to the company’s Devices blog to show off a slew of […]




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Microsoft to open first data center in New Zealand as cloud usage grows

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 […]




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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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Microsoft and AWS exchange poisoned pen blog posts in latest Pentagon JEDI contract spat

Microsoft and Amazon are at it again as the fight for the Defense Department JEDI contract continues. In a recent series of increasingly acerbic pronouncements, the two companies continue their ongoing spat over the $10 billion, decade-long JEDI contract spoils. As you may recall (or not), last fall in a surprise move, the DoD selected […]




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Microsoft Surface Go 2 review

The original Go was a mostly well-received addition to the Surface line when it arrived in late 2018. It was a nice, pint-sized alternatively, positioned fairly well to serve as a secondary device for some. It did the convertible double duty and traveled well, but otherwise was lacking in guts and versatility. Launching at the […]




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Wall St ekes out gain after day of US-China trade worry

Renewed friction between Washington and Beijing adds to coronavirus concerns




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China’s Kingsoft Cloud tests US market with biggest IPO in months

First New York listing by a Chinese company since Luckin Coffee debacle




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The loneliness of the recovery trade

Mike Mackenzie’s daily analysis of what’s moving global markets




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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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Shopify’s swift ascent stirs talk of Canadian ‘curse’

Online retailer hopes to avoid fate of non-banks whose value surpassed country’s biggest lender




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Tumblr now removes reblogs in violation of its hate-speech policy, not just the original posts

Tumblr is making a change to how it deals with hate speech on its blogging platform. The company announced today it will also remove the reblogs (repostings) from any blogs that were suspended for violating its policies around hate speech. Already, the company says it’s identified nearly 1,000 blogs that were banned for blatant violations […]




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Pluto TV expands with addition of CBS Sports HQ, new deals with TiVo and Verizon

Free streaming service Pluto TV is expanding. The company has today gained access to streaming sports network CBS Sports HQ as a result of the ViacomCBS merger. It has also forged new distribution deals with Verizon and TiVo, both of which were detailed this week. The free streamer had been acquired by Viacom for $340 […]




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A rebranded and updated version of CBS All Access will launch this summer

A rebranded and expanded version of the CBS All Access streaming service will arrive this summer, ViacomCBS announced this morning. The service, now run by ViacomCBS following the merger, today offers a mix of live TV, on-demand video, original programming, streaming news, local broadcast stations and sports. Now the company is accelerating its plan to […]




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Silver can offer more bang for your buck

Metal offers protection from sledgehammer approach to quantitative easing




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What are the tax implications of selling half my flat to my younger sister?

I own a flat in London but I am looking to buy a house further out and commute every day




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Can we vary the terms of our family trust? 

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




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How can I manage the succession of our family business? 

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




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Can my parents cut my brother out of their wills?

He has taken money from them and frittered it away over the years after promising he would invest it




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Should I make my wife a director of my company?

I would like to pay her but am worried the IR35 tax changes in April could complicate matters




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Apple’s online WWDC kicks off June 22

Back in March, Apple joined a rapidly growing number of companies announcing an online-only model for their annual tech events. At the time, SVP Phil Schiller promised the event would be “an innovative way to reach millions of developers around the world, bringing the entire developer community together with a new experience,” as planners across […]




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Smartwatch shipments grew during the first quarter of 2020, with Apple Watch still in first place

Despite the worldwide impact of the COVID-19 pandemic, global smartwatch shipments continued to grow during the first three months of the year, driven by online sales, says a new report by research firm Strategy Analytics. Shipments grew 20% annually to reach 13.7 million units in the first quarter of 2020, up from 11.4 million units […]




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Coronavirus brings a reminder of the iron law of politics

Lofty ideas about open economies will have to be sold on directly improving voters’ lives




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The end of lockdown will risk a new health divide

Those with the fewest rights are least able to demand a safe workplace




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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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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’s iPad Pro Magic Keyboard arrives next week, ahead of schedule

The global supply chain is currently being squeezed from all angles amid a global pandemic. At least one product, however, will arrive ahead of schedule. Originally planned for a May arrival, the iPad Pro’s new trackpad-sporting Magic Keyboard is up for preorder now and set to start shipping next week. You can read all of […]




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Stay-at-home order for 7 million Bay Area residents extended to end of May

A stay-at-home order for several San Francisco Bay Area counties will be extended through the end of May due to the COVID-19 pandemic, a decision that affects 7 million residents and thousands of businesses. The Public Health Officers of the Counties of Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara as well […]




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Twitter launches a COVID-19 data set of tweets for approved developers and researchers

Twitter is making it possible for developers and researchers to study the public conversation around COVID-19 in real time with an update to its API platform. The company is introducing a new COVID-19 stream endpoint to those participating in Twitter Developer Labs — a program that offers access to new API endpoints and other features […]




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Deep Render raises £1.6M for image compression tech that mimics ‘neural processes of the human eye’

Deep Render, a London startup and spin-out of Imperial College that is applying machine learning to image compression, has raised £1.6 million in seed funding. Leading the round is Pentech, with participation from Speedinvest. Founded in mid-2017 by Arsalan Zafar and Chri Besenbruch, who met while studying Computer Science at Imperial College London, Deep Render […]




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Longtime VC Todd Chaffee of IVP says late-stage scene is now ‘M&A world’

Todd Chaffee has long been one of the most senior members of the late-stage venture firm Institutional Venture Partners. Chaffee joined IVP in 2000 after logging six years at Visa, and went on to lead rounds in numerous prominent later-stage companies, many (but not all) of which have gone public, including Coinbase, Compass, Klarna, Kayak, […]




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In search of an investment to last a lifetime

Investment trusts pass the longevity test and could provide the answer 




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The many confusing shades of green for investors

All portfolios should at least nod to the idea that there’s more to life than short-term profits. But how?




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The tragedy of two failing superpowers

To address the pandemic, China and the US must not only function. They must function together




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Martin Wolf on the pain of separation from his grandchildren

‘We are used to having the grandchildren regularly in our house. When will that happen again? We have no idea. That is painful’




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Crisis lays bare risks of financial leverage, again

This time it is capital markets, rather than banks, that have to reform




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How to escape the trap of excessive debt

The rich will benefit if we create sustainable demand with less household borrowing




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H1 Insights is giving the healthcare industry the ultimate professional database

“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 […]




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Greylock’s Reid Hoffman and Sarah Guo to talk fundraising at Early Stage SF 2020

Early Stage SF is around the corner, on April 28 in San Francisco, and we are more than excited for this brand new event. The intimate gathering of founders, VCs, operators and tech industry experts is all about giving founders the tools they need to find success, no matter the challenge ahead of them. Struggling […]




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Jeff Weiner will step down as CEO of LinkedIn June 1, product head Ryan Roslansky steps up

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 […]




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Lack of big tech GDPR decisions looms large in EU watchdog’s annual report

The lead European Union privacy regulator for most of big tech has put out its annual report which shows another major bump in complaints filed under the bloc’s updated data protection framework, underlining the ongoing appetite EU citizens have for applying their rights. But what the report doesn’t show is any firm enforcement of EU […]