k

Boris Johnson’s promise to ‘level up’ hard to keep

The UK’s dire productivity performance since the financial crisis needs to improve




k

UK economy: a Downing Street 'coup'

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




k

Sunak should opt for inactivity in this Budget

Britain’s new chancellor would be wise to treat it as a holding operation




k

Why the European Central Bank can save the eurozone

It has near-unlimited firepower and is the only EU institution willing and able to act




k

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




k

Crisis lays bare risks of financial leverage, again

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




k

People cannot just be ordered back to work and to spend

It seems foolish to imagine the UK will swiftly return to life as it was before Covid-19




k

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 […]




k

Russia’s push back against big tech has major consequences for Apple

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?




k

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 […]




k

Daily Crunch: LinkedIn is getting a new CEO

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Jeff Weiner will step down as CEO of LinkedIn June 1, product head Ryan Roslansky steps up The changes are LinkedIn’s […]




k

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 […]




k

Europe sets out plan to boost data reuse and regulate ‘high risk’ AIs

European Union lawmakers have set out a first bundle of proposals for a new digital strategy for the bloc, one that’s intended to drive digitalization across all industries and sectors — and enable what Commission President Ursula von der Leyen has described as ‘A Europe fit for the Digital Age‘. It could also be summed […]




k

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 […]




k

Box is now letting all staff work from home to reduce coronavirus risk

Box has joined a number of tech companies supporting employees to work remotely from home in response  the outbreak of the novel coronavirus. It’s applying the policy to all staff, regardless of location. Late yesterday Box co-founder Aaron Levie tweeted a statement detailing the cloud computing company’s response to COVID-19, the name of the disease caused […]




k

HireSweet helps employers find candidates that aren’t actively looking to change jobs

The right candidate to fill your job may not actually be looking for a job right now. HireSweet, which is part of Y Combinator’s current class of startups, is trying to help companies find exactly these candidates that are perfect for a job but not actively looking. Like so many other recruiting platforms, the HireSweet […]




k

Facebook, Reddit, Google, LinkedIn, Microsoft, Twitter and YouTube issue joint statement on misinformation

In an unprecedented move to reassure customers and flag the potential for misinformation about COVID-19 on their platforms, all of the major social media companies and their parent corporations issued a joint statement on their efforts. “We invite other companies to join us as we work to keep our communities healthy and safe,” the statement […]




k

LinkedIn’s making its recruitment tools free to those fighting the coronavirus pandemic

Like many other websites at the moment, the career-oriented networking platform LinkedIn has seen a big boost in traffic as a result of people being asked to work from home and stay indoors overall to slow the spread of the coronavirus, with a bump of 55% more conversational activity between existing connections in recent weeks. […]




k

LinkedIn has no plans to make COVID-19 related layoffs from now until end of fiscal year

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 […]




k

Chinese startup Rokid pitches COVID-19 detection glasses in US

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 […]




k

Apple said to be working on modular, high-end, noise-cancelling over-ear headphones

Apple is said to be developing its own competitors to popular over-ear noise-cancelling headphones like those made by Bose and Sony, Bloomberg reports, but with similar technology on board to that used in the AirPod and AirPod Pro lines. These headphones would also include a design with interchangeable parts that would allow some modification with […]




k

3D-printed glasses startup Fitz is making custom protective eyewear for healthcare workers

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 […]




k

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 […]




k

VanMoof introduces new S3 and X3 electric bikes

VanMoof is releasing a new generation of its electric bike. In many ways, the VanMoof S3 and its smaller version the VanMoof X3 are refined versions of the VanMoof Electrified S2 and X2. It features an updated motor, hydraulic brakes and a familiar design. If you’re not familiar with VanMoof bikes, the company has been […]




k

Indian smartphone market grew by 4% in Q1, but projected to decline by 10% this year

India has emerged as one of the fastest growing smartphone markets in the last decade, reporting growth each quarter even as handset shipments slowed or declined elsewhere globally. But the world’s second largest smartphone is beginning to feel the coronavirus heat, too. The Indian smartphone market grew by a modest 4% year-over-year in the quarter […]




k

The ‘PuffPacket’ could help researchers learn when, how and why people vape

Vaping is a controversial habit: it certainly has its downsides, but anecdotally it’s a fantastic smoking cessation aid. The thing is, until behavioral scientists know a bit more about who does it, when, how much and other details, its use will continue to be something of a mystery. That’s where the PuffPacket comes in. Designed […]




k

Xiaomi launches Mi Commerce in India to boost sales amid lockdown

Xiaomi today launched a new e-commerce service in India that allows people in the nation to easily browse and order its handsets and other products from nearby physical retail stores as the Chinese giant rushes to kickstart its sales in its biggest overseas market. Dubbed Mi Commerce, the service allows people to locate nearby stores […]




k

Sonos debuts new Arc soundbar, next-generation Sonos Sub, and Sonos Five speaker

Sonos has introduced a trio of new hardware today, adding three new smart speakers to its lineup, including the Sonos Arc soundbar that includes Dolby Atmos support, as well as Sonos Five, the next version of its Sonos Play:5 speaker, and a third-generation Sonos Sub. All of these will require the new S2 app that […]




k

Air Force gives a rare look at the research going to orbit in its X-37B spaceplane

The X-37B spaceplane sounds like something out of a sci-fi novel, and its mysterious past is equally evocative. What does the military put in this long-term orbital vehicle? Turns out it’s exactly the kind of neat, but not mind-blowing, science you’d expect to find in such a thing — though solar-powered masers do sound pretty […]




k

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. […]





k

Knowde could make billions building the digital marketplace for the $5 trillion chemicals industry

Ali Amin-Javaheri grew up in the chemicals business. His father had worked for Iran’s state-owned chemical company and when the family fled the country in the nineteen eighties during the Iran-Iraq war, they first settled in Houston where employers welcomed the senior Amin-Jahaveri’s experience. Houston in the 80s was dominated by the petrochemicals industry and […]




k

Amazon, Flipkart, Ola and Uber begin to resume their services in India

E-commerce firms Amazon and Walmart’s Flipkart, and ride-hailing giants Ola and Uber are partially resuming their services in India after Prime Minister Narendra Modi’s government eased some restrictions late last week to revive economic activity that’s been stalled since the stringent stay-at-home orders were imposed across the nation in late March. The companies said in […]




k

AWS engineer Tim Bray resigns from Amazon following worker firings

As many Amazon workers called out sick for a May Day Strike, Tim Bray was spending his final day at the company. The VP and distinguished Engineer at Amazon Web Services announced today that May 1 was his final day with the retail giant, citing Amazon’s firings of vocally critical employees. Likely most notable for […]




k

Backblaze challenges AWS by making its cloud storage S3 compatible

Backblaze today announced that its B2 Cloud Storage service is now API-compatible with Amazon’s S3 storage service. Backblaze started as an affordable cloud backup service, but over the last few years, the company has also taken its storage expertise and launched the developer-centric B2 Cloud Storage service, which promises to be significantly cheaper than similar […]




k

AWS launches the $995 Elemental Link for streaming video to its cloud

AWS today announced the launch of the Elemental Link, a small hardware device that makes it easy to connect a live video source to the AWS Elemental Media Live service for broadcast-grade live video processing in the cloud. The $995 Link, which weighs in at less than a pound, is meant to allow Media Live […]




k

Xiaomi launches Mi Commerce in India to boost sales amid lockdown

Xiaomi today launched a new e-commerce service in India that allows people in the nation to easily browse and order its handsets and other products from nearby physical retail stores as the Chinese giant rushes to kickstart its sales in its biggest overseas market. Dubbed Mi Commerce, the service allows people to locate nearby stores […]




k

A worker at Amazon’s New York City fulfillment center is dead from COVID-19

Earlier this week, Amazon informed staff members at its Staten Island fulfillment center that a worker had died from COVID-19. The news was first noted by The Verge. The employee began to exhibit symptoms in early April, before being placed on quarantine April 11. He never returned to the site. “We are deeply saddened by […]




k

AR is the answer to plummeting retail sales during lockdown

The so-called retail apocalypse may seem inevitable, but in these challenging times, it is more important than ever to look at how technology can turn the tide.




k

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 […]




k

VC’s largest funds make big bets on vertical B2B marketplaces

During the waning days of the first dot-com boom, some of the biggest names in venture capital invested in marketplaces and directories whose sole function was to consolidate information and foster transparency in industries that had remained opaque for decades. The thesis was that thousands of small businesses were making specialized products consumed by larger […]




k

Daily Crunch: Airbnb takes a $1B loan

Airbnb takes on new debt as it adapts to a world without tourism, Apple announces a new entry-level iPhone and Google lowers Nest camera quality. Here’s your Daily Crunch for April 15, 2020. 1. Airbnb ups its debt by $1B amid the coronavirus travel crunch Airbnb has secured commitments of $1 billion for a syndicated […]




k

Apple’s new Fraggle Rock series was shot on iPhones in its creators’ homes

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 […]




k

A new iPhone email security bug may let hackers steal private data

Apple will patch a newly discovered iPhone vulnerability that security researchers say hackers have already used to steal data from their victims’ devices. News of the vulnerability dropped Wednesday by security firm ZecOps. Zuk Avraham, the company’s chief executive, said the firm found the bug last year during a routine investigation. At least six organizations […]




k

Apple will make it easier to unlock your iPhone while wearing a face mask

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 […]




k

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 […]




k

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. […]




k

UK eyeing switch to Apple-Google API for coronavirus contacts tracing — report

The UK may be rethinking its decision to shun Apple and Google’s API for its national coronavirus contacts tracing app, according to the Financial Times, which reported yesterday that the government is paying an IT supplier to investigate whether it can integrate the tech giants’ approach after all. As we’ve reported before coronavirus contacts tracing […]




k

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 […]