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Cheetah, a restaurant wholesale app that pivoted to consumers for COVID-19, nabs $36M

A lot of restaurants have shuttered in the wake of stay-at-home guidance and government orders for non-essential businesses to close down, so a startup called Cheetah that provided a wholesale delivery service for them pivoted to selling to consumers, and now it’s raised a round of funding, both to expand its business and to help […]




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Spotify Q1 beats on sales of $2B with monthly active users up 31% to 286M

The coronavirus may be decimating some corners of the economy, but the impact on the digital music, as evidenced by the world’s biggest music streaming company, appears to be minimal. Today Spotify reported its earnings for Q1 with revenues of €1.848 billion ($2 billion at today’s rates) and an inching into a positive net income […]




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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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Twitter Q1: sales up 3% to $808M as it swings to a loss on COVID-19, mDAUS hit record 166M

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 […]




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Dribbble, a bootstrapped ‘LinkedIn’ for designers, acquires Creative Market, grows to 12M users

Traditionally dominated by big players like Adobe and Autodesk, the world of design has been flush with a newer wave of startups that are creating collaboration spaces and new cloud-based tools designed to address the needs of creatives. Today, two of those players are combining. Dribbble, an online community for designers that lets them post […]




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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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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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Ford to delay new product launches

Chief executive Jim Hackett signals disruption to carmaker’s plans as losses mount




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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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Why the coronavirus crisis won’t mark a peak in oil demand

Transport demand will rebound while the pandemic will reboot the use of plastics




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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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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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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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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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As Wunderlist shuts down, its founder announces a new productivity app called Superlist

Wunderlist is going away, but fans of the productivity app may find some consolation in founder Christian Reber’s announcement that he is launching a new startup called Superlist. “Superlist will be more than just a todo app, but never as bloated as the project management software you loathe to use,” he tweeted. “Slick, fast, and […]




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How Apple reinvented the cursor for iPad

Even though Apple did not invent the mouse pointer, history has cemented its place in dragging it out of obscurity and into mainstream use. Its everyday utility, pioneered at SRI and Xerox Parc and later combined with a bit of iconic* work from Susan Kare at Apple, has made the pointer our avatar in digital […]




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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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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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S&P 500 resilience: weakened by coronavirus

A series of big bankruptcies is unlikely but debt workouts will slow economic recovery




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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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Markets Now - Tuesday 5th May 2020

Last updated 3:00pm BST. Featuring Royal Mail, Flutter, Stagecoach, Hiscox, Capital & Counties, Hammerson, Aston Martin, deep thoughts, kraftliner and Samhällsbyggnadsbolaget.




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Wall Street closes higher after oil rally takes Brent over $30

Investors anticipate boost in energy demand as economies start to reopen




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Markets Now - Wednesday 6th May 2020

Last updated 2:00pm BST. Featuring ITV, National Express, Hiscox, Hammerson, LondonMetric, Metro Bank and OneSavings.




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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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Markets Now - Thursday 7th May 2020

Last updated 1:00pm BST. Featuring BT, Vodafone, IAG, Hyve, Tui, Aston Martin and Burberry.




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BT Group: road to nowhere

After suspending dividend, investors will rightly wonder what is the point of owning the telecoms group




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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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Wall Street closes higher despite dire US jobs data

Gulf between darkening Main Street and rebounding markets continues to widen




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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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US on track for worst corporate quarter since financial crisis

Impact of lockdown weighs on company earnings but stock markets look for optimism




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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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Facebook now allows users in the US & Canada to export photos and videos to Google Photos

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]




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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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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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Sensor Tower raises $45M as demand for app data grows

Mobile app market intelligence firm Sensor Tower, which provides data-driven insights about the app economy, has raised $45 million in new funding from Riverwood Capital. This is the first significant investment the now-profitable company has seen since its $1 million seed round in 2013. The investment speaks to the growing demand for data about the […]




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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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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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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 […]