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Confirmed: Intel is buying urban mobility platform Moovit in a $900M deal

On the heels of a spate of reports over the weekend, today Intel confirmed its latest move to grow its automotive division. The chip giant is acquiring Moovit, an Israeli startup previously backed by Intel that analyses urban traffic patterns and provides transportation recommendations with a specific focus on public transit. The deal values Moovit at […]




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Sinch acquires SAP’s Digital Interconnect messaging business for $250M

M&A activity has generally slowed down in the weeks since the novel coronavirus took a grip on the world, but there have been some pockets of activity in the tech industry when the price is right or when the divestment/acquisition just makes sense. The world of messaging brings us the latest development in that theme: SAP, […]




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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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Tesla: taking a step back

On the impossibility of future earnings.




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Equity Monday: Startups run low on cash, and why some Internet tailwinds are fading

Good morning and welcome back to TechCrunch’s Equity Monday, a jumpstart for your week. Regular Equity episodes still drop each and every Friday morning, so if you’ve listened to the show over the years, don’t worry — we’re only adding to the mix. You can catch last week’s show with Danny Crichton and Natasha Mascarenhas right here if […]




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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 […]




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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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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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Sentiment congeals in a slow simmer

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




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Wall Street ‘flying blind’ after companies scrap guidance

Profit forecasts ditched as coronavirus disrupts operations




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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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Opening up economies drives risk sentiment

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




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US stocks fall as investors weigh push towards reopening

Brent crude slips back below $30 a barrel after a six-day run of gains




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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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Risk sentiment whistles past an appalling jobs report

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




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Twitch launches an esports directory to cater to growing streaming audience

Twitch is doubling down on esports in this new era of social distancing as a number of traditional sporting events have been cancelled. The company this week introduced a new esports directory on its site that will make it easier for viewers to find live matches, information on players, games with active competition leagues, a […]




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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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Walmart is piloting a pricier 2-hour Express grocery delivery service

Record usage of grocery delivery services amid the COVID-19 pandemic has led to delayed orders, fewer open delivery windows and, on occasion, an inability to even book a delivery time slot. Walmart now hopes to capitalize on the increased demand for speedier delivery with the introduction of a new service that allows consumers to pay […]





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Soundcloud to launch live original programming on Twitch

Music streaming service Soundcloud is capitalizing on consumer demand for live entertainment amid the COVID-19 quarantine with the launch of its own slate of originally produced live programming. The company today announced its plans for a new Twitch channel where it will air live chat series and other panel conversations, plus music sets and shows […]




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44 million US adults now use ‘borrowed’ accounts to access streaming services

Cutting the cord with cable or satellite TV used to mean a cost savings. But with the growing number of streaming services on the market, many consumers are finding that becoming a cord cutter is just as expensive, if not more so, as being a pay TV customer. As a result, many consumers continue to […]




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Twitter rolls out changes to threaded conversations following tests in its prototype app, twttr

Twitter announced today it’s introducing a new layout for replies that will use lines and indentations to make it easier to understand who you’re replying to and how the conversation is flowing. The company will also test putting engagement actions — including likes, Retweet and reply icons — behind an extra tap to make replies […]




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Pinterest rolls out new board features including notes, dates and section suggestions

Pinterest is introducing new features that make it easier for those planning recipes, virtual events and other quarantine activities. These include the ability to add a date or notes to a board as well as automated ways to better organize your pins on a given board, with the aid of machine learning technology. The company […]




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Tinder to add video dating next quarter, after slowing user growth due to coronavirus

Tinder will add a video dating feature in the second quarter of this year, parent company Match announced on Tuesday as part of its Q1 2020 earnings report. The company also detailed the coronavirus impact, which slowed Tinder user growth in the quarter, as social distancing requirements and government lockdowns went into effect. Match didn’t […]




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TiVo enters the streaming market with a $50 Android TV-powered device, TiVo Stream 4K

TiVo today is launching a new device, its would-be Fire TV Stick competitor known as the TiVo Stream 4K. First announced at the Consumer Electronics Show in January, this $50 Android TV-powered HDMI dongle is TiVo’s attempt to insert itself into the streaming media device market. The new dongle arrives at a time when TiVo […]




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Google launches ‘Read Along,’ a free app that helps young children practice reading

Google today is launching a new app, Read Along, that aims to help elementary school students practice their reading skills and stay educationally engaged amid school closures due to coronavirus. The new Android app is based on Google’s existing application, Bolo, which launched in India last year with a catalog of read-along stories in both […]




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Promethean shapes up, but for how long?

Shares in the educational IT provider rose 4.2 per cent




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Sharewatch: Mears strengthens on the road to recovery

Shares in Mears, a smaller rival, came under pressure, losing 16 per cent of their value within a week




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German Bund looking more appealing

Investors seek better-quality government bonds




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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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I earn above £50,000 — should I stop claiming child benefit?

HMRC has sent an email saying that my tax code has changed




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How can I protect my children’s savings from tax liabilities?

I am concerned about inheritance tax if my husband and I were to die prematurely




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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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How can I prepare for business tax changes?

I employ 10 people and also own a couple of buy-to-let properties




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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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We’re self-isolating, how can we update our wills?

We’re in our seventies and want to get our affairs in order quickly




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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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Getting divorced under lockdown

What are the alternatives to court for a divorcing couple?




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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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UK’s coronavirus tracing app strategy faces fresh questions over transparency and interoperability

The UK’s data protection watchdog confirmed today the government still hasn’t given it sight of a key legal document attached to the coronavirus contacts tracing app which is being developed by the NHSX, the digital transformation branch of the country’s National Health Service . Under UK and EU law, a Data Protection Impact Assessment (DPIA) […]




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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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A security expert says India’s contact-tracing app has flaws; New Delhi says they are ‘by design’

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 […]




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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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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 […]




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Xiaomi, Samsung and others begin to resume smartphone production in India

Xiaomi, Vivo, Samsung, Oppo and other smartphone companies have received approval from some state governments in India to partially resume manufacturing and assembling of devices amid the ongoing lockdown in the world’s second largest handset market that completely shut operations at these plants in late March. The companies said that they have secured permission to […]




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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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Why coronavirus is making me miss Brexit

In a choice between discussing the WTO and the WHO, I’d take a rules-of-origin trade debate any day




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Home working’s fine — if you’re home alone

’I’m on my second day, drinking too much coffee and feeling I’d enjoy it more if everyone else wasn’t here too’