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, […]

Airbnb says it will subsidize housing for 100,000 workers at the front lines of COVID-19 care, Groupon gets a new CEO and Stripe invests in a universal checkout startup. Here’s your Daily Crunch for March 26, 2020. 1. Airbnb to provide free or subsidized housing for 100,000 COVID-19 healthcare workers Airbnb’s effort will work by […]

Layoffs are having a big impact on industries across the board due to COVID-19. This week alone news came out of massive cuts for TripAdvisor, Lyft, and reportedly Juul and Uber. But according to data tracker Layoffs.fyi, the cuts have affected certain job roles more than others. Sales and customer success roles are the most […]

Modern Games is a new studio working to create games that combine physical and digital play. The company was founded by husband-and-wife team Justin and Amanda Kifer — serial entrepreneurs who previously launched companies including Citizen Local (acquired by MyLife in 2011) and Fidgetly, a fidget spinner company that also created a motion controller for […]

Uber and Airbnb are cutting significant portions of their workforce, Microsoft announces new Surface devices and we talk to Apple Craig Federighi about the new iPad cursor. Here’s your Daily Crunch for May 6, 2020. 1. Uber is laying off 3,700 as rides plummet due to COVID-19 In an SEC filing, Uber disclosed plans to […]

“Waco,” a Paramount Network series that recently started streaming on Netflix, dramatizes the tragic real-life standoff between the FBI, the ATF and the Branch Davidians. A couple of your Original Content podcast hosts only had a fuzzy idea of what actually went down in Waco, Texas in 1993. And all of us were surprised by […]

Governments must apply renewed focus to achieve fiscal balance and sustainably reduce the cost of delivery.

Greater Sydney generates 23% of the Nation's GDP and will be a city of 8 million, up from 4 million, in the next 40 years.

While technology and innovation are transforming our economy, they are also the solution to our workforce and growth challenge.

The global mining industry's fight for value and free cash flow has descended into a brawl, after 2014 saw the world's 40 largest miners ramp up production, slash capital spending, and rein in costs.

The eyesight of more than 32,000 Aboriginal and Torres Strait Islander people would be saved if the Government invested just $227 million over 10 years, a new report has found.

The economic impact of obesity will reach $87.7 billion and affect one-third of Australians by 2025 based on current trends and without further intervention.

Australia lags behind the world's best corporate performers in all ten indicators of digital intelligence needed to drive financial performance.

PwC Australia is pleased to announce it was selected by The Workplace Gender Equality Agency WGEA as one of 90 organisations in Australia as an Employer of Choice in 2015.

Australia is facing a growth problem, and the best way to spark growth is to create a bedrock for innovation and support businesses to disrupt themselves and take risks.

Australian CEOs are less confident about their companies' growth prospects than a year ago, and less optimistic about growth in the global economy, according to a PwC report released today.

Twenty tech entrepreneurs have been chosen for a new accelerator program run by PwC and backed by some of Australia's largest corporates that aims to rapidly scale Australia's most promising science, technology, engineering and maths (STEM) education initiatives.

The emerging global market for business services using drone technology is valued at over US$127 billion with the drone revolution disrupting industries ranging from agriculture to filmmaking.

A lack of diversity in Australia's media and entertainment workforce in terms of ethnicity, gender, age and thinking is dragging on the industry's growth, according to a PwC report released today.

Microsoft today announced a slew of updates to various parts of its Microsoft 365 ecosystem. A lot of these aren’t all that exciting (though that obviously depends on your level of enthusiasm for products like Microsoft Endpoint Manager), but the overall thrust behind this update is to make life easier for the IT admins that […]

About a year ago, Microsoft launched Visual Studio Online, its online code editor based on the popular Visual Studio Code project. It’s basically a full code editor and hosted environment that lives in your browser. Today, the company announced that it is changing the name of this service to Visual Studio Codespaces. It’s also dropping […]

Microsoft has now opened registration for the virtual edition of its online-only Build 2020 developer conference, which will take place from May 19 to 20. Typically, the event draws more than 6,000 developers, but because of the coronavirus pandemic, that’s obviously not an option. In contrast to Google, which completely scrapped its I/O developer conference […]

At its Think Digital conference, IBM and Red Hat today announced a number of new services that all center around 5G edge and AI. The fact that the company is focusing on these two areas doesn’t come as a surprise, given that both edge and AI are two of the fastest-growing businesses in enterprise computing. […]

In the April 2020 update of its Short-Term Energy Outlook (STEO), released on April 7, and before a recently announced agreement by oil producing countries to limit production, the U.S. Energy Information Administration (EIA) forecasts that U.S. crude oil production will average 11.8 million barrels per day (b/d) in 2020, a 4% decline from the 2019 production levels. Crude oil production will average 11.0 million b/d in 2021, a 6% decline from 2020 (Figure 1). If realized, the STEO 2020 production decline would mark the first annual decrease since 2016. The majority of the forecasted production decline occurs between the first and fourth quarters of 2020, dropping from 12.7 million b/d to 11 million b/d (13%) and remaining around that level through 2021. The forecast did not incorporate the April 12 joint announcement by the Organization of the Petroleum Exporting Countries (OPEC) and several other non-OPEC countries to reduce crude oil production. These production reductions may significantly affect global balances and could provide upward price pressure that would affect U.S. crude oil drilling and production. ...

On Monday, April 20, 2020, New York Mercantile Exchange (NYMEX) West Texas Intermediate (WTI) crude oil front-month futures prices fell below zero dollars per barrel (b)—at one point, trading at -$40.32/b (Figure 1)—and remained below zero for part of the following trading day. Monday marked the first time the price for the WTI futures contract fell below zero since trading began in 1983. Negative prices in commodity markets are very rare, but when they occur they typically indicate high transactions costs and significant infrastructure constraints. In this case, the WTI front-month futures contract was for May 2020 delivery, and the contract was set to expire on April 21, 2020. Unless they have made other arrangements ahead of time, market participants that hold WTI futures contracts to expiration must take physical delivery of WTI crude oil in Cushing, Oklahoma. Typically, most market participants close any futures contracts ahead of expiration through cash settlement in order to avoid taking physical delivery, and only about 1% of contracts are physically settled. The extreme market events of April 20 and April 21 were driven by several factors, including the inability of contract holders to find other market participants to sell the futures contracts. In addition, in this case, the scarcity of available crude oil storage meant several market participants sold their futures contracts at negative prices, in effect paying a counterparty to close out of the contracts. ...

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 […]

Saar Gur is adept at identifying the next big consumer trends earlier than most: The San Francisco-based general partner at CRV has led investments into leading consumer internet companies like Niantic, DoorDash, Bird, Dropbox, Patreon, Kapwing and ClassPass. His own experience stuck at home during the COVID-19 pandemic spurred his interest in three new investment […]

1. New antiviral drug combo shows promise against Covid-19: Study  Times of India
2. Cocktail of three antiviral drugs helps coronavirus patients recover faster, says study  ThePrint
3. Coronavirus treatment: Triple antiviral drug combo shows promise against COVID-19  Times Now
4. Coronavirus | Phase-2 trial with three drugs offers hope  The Hindu
5. Coronavirus: 3-drug regimen proved effective for COVID-19  Deccan Herald
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Staying hygienic cuts down the use of antibiotics: study  Telangana TodayView Full coverage on Google News

1. Blood thinners may boost survival rates of Covid-19 infected patients: Report  Top Live News
2. Coronavirus blood-clot mystery intensifies  Nature.com
3. Blood thinners could improve survival chances for sickest coronavirus patients, study says  USA TODAY
4. Evidence Builds Linking Anticoagulation to COVID-19 Survival  Medscape
5. Doctors may have found a way to reduce the risk of death in severe coronavirus cases  BGR
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1. The last supermoon of 2020  Tehran Times
2. See the Full Flower Moon, last supermoon of 2020, bloom in these stunning photos  Space.com
3. Here Are 23 Stunning Pics Of The Last Supermoon Of 2020 From Across The World  ScoopWhoop
4. Stunning shots of last supermoon of 2020  The Siasat Daily
5. 'Full-flower supermoon' rises on world starting to emerge from pandemic lockdowns  Times of India
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It’s like 2nd innings of Test match: Kumble on fight against COVID-19  Hindustan TimesView Full coverage on Google News

1. Salman Khan and Jacqueline Fernandez share the inspiration behind their upcoming track 'Tere Bina' in the  Times of India
2. Iulia On Marriage Rumours With Salman Khan: Spending Life With Someone More Important Than Papers  News18
3. Salman Khan shoots song titled 'Tere Bina' with Jacqueline Fernandez at his Panvel farmhouse; reveals det  Times of India
4. Salman Khan, Jacqueline Fernandez promote new song Tere Bina at his farmhouse: ‘This is our cheapest...  Hindustan Times
5. Tere Bina: Salman Khan And Jacqueline Fernandez Shoot A Music Video At The Actor's Farmhouse  NDTV
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1. Xiaomi Mi 10 vs OnePlus 8 Pro: A quick comparison of two flagship phones  India Today
2. “Too expensive!”: Does Xiaomi have an image problem in India?  TechPP
3. Xiaomi launches Mi 10 with 108MP camera: Price, offers and other details  Livemint
4. Can the Mi 10 Help Xiaomi Be Seen as a Premium Brand in India?  Gadgets 360
5. Xiaomi Mi 10 at Rs 49,999: Why it makes complete sense  India Today
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1. ICICI Bank Q4 net profit rises 26% to Rs 1,221 crore  Times of India
2. ICICI Bank Q4 profit grows by 26%, misses estimates on COVID-19 provisions; NPAs dip  Moneycontrol.com
3. ICICI Bank Q4 net up 26% at ₹1,221 cr but misses estimates on virus provisions  Livemint
4. ICICI Bank Q4 Results: Profit Rises 26% Even As Provisions Nearly Triple  BloombergQuint
5. ICICI Bank to announce Q4 numbers today: Here's what to watch out for  Moneycontrol.com
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1. Week 2 of ‘Vande Bharat’: Here is the list where the second mission will be conducted  Times Now
2. Vande Bharat Mission: By air & sea, India’s evacuation operation picks up pace  Times of India
3. First Air India Flight From London Amid Lockdown Takes Off For Mumbai  The Newsopedia
4. ‘Proud moment to bring our people back home’: Crew of India’s first repatriation flight as part of Vande Bharat  The Indian Express
5. Nerve-wracking time for US-bound Indian students targeting Air India repatriation flights  Times of India
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1. Ivanka Trump's personal assistant tests positive for coronavirus  Times of India
2. 'It's a Hoax': Twitter Mocks Donald Trump after Ivanka's Assistant Tests Positive for Covid-19  News18
3. Pence spokeswoman, married to top Trump adviser, diagnosed with coronavirus  Hindustan Times
4. Ivanka Trump's Personal Assistant Tests Positive For Coronavirus: Report  NDTV
5. Military aide found infected, Trump to undergo test daily  The Tribune India
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1. Two Indians brought back from Gulf test Covid positive in Kerala  Times of India
2. 2 Indians Flown Back From Gulf To Kerala Test Coronavirus Positive  The Newsopedia
3. 100 days after its 1st case, Kerala has only one new Covid-19 patient  Livemint
4. 2 people flown back from Gulf to Kerala test positive for COVID-19  The News Minute
5. Only 16 Active COVID-19 Cases In Hospitals, Kerala Says "Curve Flattened"  NDTV
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1. Does India need industries to restart at the cost of diluted labour laws?  Moneycontrol.com
2. Migrants run over by train, labour laws put on hold: Covid-19 news today  Hindustan Times
3. Three states ease labour laws to boost investment, jobs  Times of India
4. Ease labour laws now: UP gets it right, but relaxation must become permanent  The Financial Express
5. Karnataka Govt Says No Action Against Firms Not Paying April Wage as Industry Heads Seek Eased Labour Law...  News18
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1. Covid-19: New cases top 3k for 3rd day in a row, total nears 60k-mark  Times of India
2. Coronavirus LIVE Updates: 526 Fresh Cases, 4 Deaths Reported in Tamil Nadu in Last 24 Hours  News18
3. 526 new COVID-19 cases in TN as number of infected in state crosses 6500  The News Minute
4. Coronavirus India Updates Live: India's testing capacity for COVID-19 scaled up to 95,000 per day  Economic Times
5. Coronavirus Outbreak LIVE Updates: Chennai accounts for 279 of 526 new cases reported in Tamil Nadu today; total infections reach 6,535, toll climbs to 44  Firstpost
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1. Coronavirus: Tamil Nadu relaxes lockdown measures further  Times of India
2. Major Relaxations For Non-Containment Zones In Tamil Nadu From Monday  NDTV
3. Don't be afraid, don't be very afraid of Tamil Nadu's coronavirus numbers  Deccan Chronicle
4. Liquor sale: Scuffle breaks out between protestors and police in Tamil Nadu's Madurai  Economic Times
5. Should Tamil Nadu follow the Kerala model?  The New Indian Express
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1. Coronavirus latest figures: List of 10 worst affected Indian states and cities  Hindustan Times
2. Mint Covid Tracker: Fresh infections, deaths rising faster in India than most countries  Livemint
3. Coronavirus Cases In India Inch Towards 60,000-Mark, 1,981 Deaths: 10 Points  NDTV
4. Govt revises discharge policy for Covid-19 patients: All you need to know  Times of India
5. Coronavirus update: COVID-19 cases in India nears 60,000; over 3,000 fresh cases for third day. State-wise tally  Livemint
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This week, Automattic revealed it has signed all the paperwork to acquire Tumblr from Verizon, including its full staff of 200. Tumblr has undergone quite a journey since its headline-grabbing acquisition by Marissa Mayer’s Yahoo in 2013 for $1.1 billion, but after six years of neglect, its latest move is its first real start since […]

Tandem is amongst the most sought after companies of Y Combinator's summer batch.

Zhihu may not be as well known outside of China as WeChat or ByteDance’s Douyin, but over the past eight years, it has cultivated a reputation for being one of the country’s most trustworthy social media platforms. Originally launched as a question-and-answer site similar to Quora, Zhihu has grown to be a central hub for […]

Yahoo Mail is getting a mobile update, with new versions of the iOS and Android app launching today. Many of you probably haven’t tried out Yahoo Mail in years, but Senior Director of Product Management Josh Jacobson noted that it’s one of the top productivity apps in the Apple App Store, where it has been […]

Fresh off of a large round of layoffs, Lyft reported its Q1 results this afternoon. The ride-hailing company disclosed that it generated revenue of $955.7 million in the first three months of 2020, up 23% from its year-ago Q1 revenue result of $776 million. The company’s net loss of $398.1 million was also an improvement […]

This afternoon Airbnb, a well-known private company that connects travelers with places to stay, announced that it was laying off around a quarter of its workforce. The company cited revenue declines and a need to curtail costs in a memo that TechCrunch viewed. In the note, written by Airbnb CEO and co-founder Brian Chesky, the […]

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 […]

Lime has announced that it has raised a $170 million funding round. Uber is the leading investor with existing investors Alphabet, Bain Capital Ventures, GV and others also participating. The Information first reported on the new funding round before the official announcement. As part of the deal, Lime is also acquiring Uber’s micromobility subsidiary Jump. […]