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Citing revenue declines, Airbnb cuts 1,900 jobs, or around 25% of its global workforce

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 […]




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More debt, improving margins: How startups are retooling in the COVID-19 era

A new data set from Silicon Valley Bank (SVB) details how startups are reacting to the post-unicorn era as COVID-19-related disruptions upset the global economy and remake the risk tolerance of private investors. What SVB’s new report shows is unsurprising: venture capital deal volumes are falling, startups are tapping existing debt capacities to add cash […]




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B2B SaaS growth may be on a path to recovery

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As the economy has worsened, the market for many goods and services has slowed. Some SaaS products have found themselves immune, or even boosted by recently changes in consumer and business consumption patterns and travel […]




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Extra Crunch Live: Join Hunter Walk for our live chat right now

Today at 10am PDT, two-thirds of the Equity crew are sitting down with Hunter Walk, a venture capitalist with Homebrew and well-known seed-stage investor. Continuing TechCrunch’s running series of Extra Crunch Live discussions with prominent people in the tech industry, bringing Walk in for a discussion is fitting. Our recent chat with Sequoia Roelof Botha’s […]




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Stilt, which provides financial services for immigrants, raises $7.5 million seed round

Stilt, a Y Combinator alum that provides financial services for immigrants without Social Security numbers or credit reports, announced today that it has closed a $7.5 million seed round. It also launched FDIC-insured pre-approved global bank accounts today. The startup has raised equity from investors including Liron Petrushka; Hillsven Capital; Streamlined Ventures; Gokul Rajaram; Bragiel […]




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How to Build an Online Community of Like-Minded Entrepreneurs

Four easy ways to amplify your impact.




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Could WhatsApp Ads Change Our Daily Messaging Habits?

Some say the ads would diminish user privacy, but WhatsApp already collects user data.




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What Surviving a Rocket Explosion Taught This Veteran Entrepreneur About Never Giving Up

The mindset that allows Colin Wayne to push forward in times of crisis.




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Why Entrepreneurs Should Choose Insights Over Instincts

The importance of data-driven decision-making.




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How One Entrepreneur's Bamboo Bikes Are Changing Lives (and the Environment) in Ghana

Jessica Abo sits down with the CEO and founder of Ghana Bamboo Bikes Initiative.




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10 Movies All Entrepreneurs Should Watch on Amazon

From original films to Prime movies, here's what you need to watch.




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What Will Franchising Look Like After the Recession?

A franchise resurgence is on its way ... will you be ready?




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The 5:30 A.M. Warrior Call: The FDA Approves Phase 2 Testing of Coronavirus Vaccine (5/8/2020)

Biotech company Moderna said it plans to start phase 2 trials with 600 participants shortly.




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7 Unique Ways Entrepreneurs Can Decompress Over the Weekend

Find some new ways to relax with help from these deals.




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Skip a Trip to the Market. Get 18 Bottles of Wine Delivered for Less Than $10 Each.

Taste your way around the world's finest wine regions with this sampler pack.




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Apple and CMU researchers demo a low friction learn-by-listening system for smarter home devices

A team of researchers from Apple and Carnegie Mellon University’s Human-Computer Interaction Institute have presented a system for embedded AIs to learn by listening to noises in their environment without the need for up-front training data or without placing a huge burden on the user to supervise the learning process. The overarching goal is for […]




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UK privacy and security experts warn over coronavirus app mission creep

A number of UK computer security and privacy experts have signed an open letter raising transparency and mission creep concerns about the national approach to develop a coronavirus contacts tracing app. The letter, signed by 177 academics, follows a similar letter earlier this month signed by around 300 academics from across the world, who urged […]




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Fairphone teams up with /e/OS on a box-fresh ‘deGoogled’ handset

The makers of the world’s most ethical smartphone, the Fairphone 3, have teamed up for a version of the device with even less big tech on board. The Netherlands-based device maker has partnered with France’s /e/OS to offer a “de-Googled” version of its latest handset, running an Android AOSP fork out of the box that’s […]




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Oxwash bags $1.7M for a cleaner spin on laundry

Oxwash, a UK-based laundry startup that’s aiming to disrupt traditional but environmentally costly washing and dry-cleaning processes by using ozone to sterilize fabrics at lower temperatures, along with electric cargo bikes for hyper local pick ups and deliveries, has bagged a £1.4 million (~$1.7M) seed. Backers in the funding round include TrueSight Ventures, Biz Stone […]




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No cookie consent walls — and no, scrolling isn’t consent, says EU data protection body

You can’t make access to your website’s content dependent on a visitor agreeing that you can process their data — aka a ‘consent cookie wall’. Not if you need to be compliant with European data protection law. That’s the unambiguous message from the European Data Protection Board (EDPB), which has published updated guidelines on the […]




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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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UK’s NHS COVID-19 app lacks robust legal safeguards against data misuse, warns committee

A UK parliamentary committee that focuses on human rights issues has called for primary legislation to be put in place to ensure that legal protections wrap around the national coronavirus contact tracing app. The app, called NHS COVID-19, is being fast tracked for public use — with a test ongoing this week in the Isle […]




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5 Proven Ways to Keep Visitors on Your Website

Make the information they're looking for easy to find.




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5 Ways to Capture Email Addresses From Landing Page Traffic

Grow your elist with these 5 smart strategies.




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Free Webinar | June 8: Simple Marketing Techniques to Re-Engage With Customers and Make Them Feel Safe

Franchise Bible author Rick Grossmann discusses how marketing is changing and new ways and platforms for sending your marketing messages to your customers.



  • Franchise Crisis Management Series

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Stop Wasting Email Sends on Non-Verified Addresses. This Tool Promises 99 Percent Deliverability.

Run more effective email marketing campaigns and hit more leads with a verified list.




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Free Webinar | May 12: How to Get More Clients and Followers by Tomorrow

Join our expert Neil Gordon as he discusses providing customers incredible value and building trust.



  • Crisis Management Series

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The Social Selling System: Flipping a Follower into a Client

Create posts that feature you, your clients and how you can work together.




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Free Webinar | May 13: How to Create Massive Leads and Sales in an Ever-Changing World

Join author and entrepreneur Kim Walsh Phillips as she discusses best practices for driving leads in today's world.



  • recovery planning series

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Make Your Branding and Marketing Content Pop with This Easy-to-Use $30 Digital Illustrator

You don't have to be an artist to make great digital art.




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This Smart, AI-Powered Stock Photo Library Helps You Find the Perfect Image

Regardless of your industry, JumpStory has assets for you.




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5 Ways Brands Can Reinvent Their Digital Marketing Strategy

Surefire methods any business can adopt to help them thrive.




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4 Ways Solopreneurs Can Strengthen Their Businesses

Even if you work alone, the brand-enhancing ideas of others can help push you forward.




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How to Build an Online Community of Like-Minded Entrepreneurs

Four easy ways to amplify your impact.




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Low transportation fuel demand and low profitability drive refinery run declines

Transportation fuel demand has decreased since early March 2020 as a result of reduced economic activity and stay-at-home orders aimed at slowing the spread of the 2019 novel coronavirus disease (COVID-19). U.S. refineries have reduced the amount of crude oil and other inputs that they process (also known as refinery runs). U.S. refinery runs fell for four consecutive weeks, reaching 12.8 million barrels per day (b/d) in the week ending April 17, and increased slightly to 13.2 million b/d for the week ending April 24, or nearly 21% lower than the previous five-year average for this time of year.




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U.S. energy-related carbon dioxide fell by 2.8% in 2019, slightly below 2017 levels

U.S. energy-related carbon dioxide (CO2) emissions declined by 2.8% in 2019 to 5,130 million metric tons (MMmt), according to data in the U.S. Energy Information Administration's (EIA) Monthly Energy Review. CO2 emissions had increased by 2.9% in 2018, the only annual increase in the past five years. Because of continuing trends in how much energy the U.S economy uses and how much CO2 that energy use generates, energy-related CO2 emissions in 2019 fell more than energy consumption, which declined by 0.9% in 2019, and gross domestic product, which increased by 2.3% in 2019.




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Daily electricity demand in New York falls about 13% after COVID-19 mitigation efforts

Recent business shutdowns and changes to normal routines related to mitigation efforts for the 2019 novel coronavirus disease (COVID-19) have caused daily, weekday electricity demand in New York state to decrease by 11%–14% in March and April compared with expected demand, after accounting for seasonal temperature changes. Electricity demand changes in New York state and in New York City, in particular, have been more pronounced than in other parts of the country, which may partly be caused by differences in electricity consumption across regions and the varying effects of COVID-19 mitigation efforts on these sectors.




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Growth in India's LNG imports will depend on completion of connecting pipelines

India has been the world's fourth-largest importer of liquefied natural gas (LNG) since 2011, gradually increasing LNG imports as the country's domestic natural gas production declined and domestic consumption increased. India's LNG import capacity more than doubled during the past 10 years, and the U.S. Energy Information Administration (EIA) expects it to increase by a third in the next 3 years as regasification facilities currently under construction come online. However, the construction of domestic pipelines to move LNG from the coastal import facilities to major demand centers further inland has experienced delays. Future growth in India's LNG imports will depend on the timely completion of natural gas pipeline networks.




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Smart Tips for Successfully Navigating the Initial Franchisor-Franchisee Interview

Once you have a few franchises in mind, you'll be talking to a franchise rep from each company. Here's the skinny on how that phone call should go.



  • Buying a Franchise

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23 Questions to Ask a Franchisor When You Meet Face to Face

Navigate 'discovery day' with this list of questions that will make sure you learn all the essential information you need before you shake hands.



  • Franchise Buying Guide

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Why These 3 Advisors Paid to Say 'No' Are Your Best Allies When Buying a Franchise

Talk to these three people -- who are more likely to tell you 'no' -- before handing over your hard-earned cash for a franchise business.



  • Franchise Buying Guide

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KFC Enlists RoboCop to Protect Secret Recipe in New Campaign

Colonel Sanders's newest incarnation is fiercely defending the fried chicken chain's 11 blends of herbs and spices.




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5 Recession-Resistant Franchise Sectors You Should Consider During an Economic Downturn

Invest in an industry that can withstand an economic downturn.




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McDonald's Is Set to Lose $3.4 Billion in Value After the CEO Was Fired Over a Relationship With a Subordinate

McDonald's on Friday fired its CEO, Steve Easterbrook, for violating its policy of having a relationship with an employee.



  • News and Trends

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Papa John's Ex-CEO Says He Ate More Than 40 Pizzas in 30 Days and That 'The Day of Reckoning Will Come'

Papa John's founder and former CEO John Schnatter slammed the pizza chain he founded in an interview with local news.



  • News and Trends

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Laid Off? Here Are 8 of the Best Cleaning and House-Maintenance Franchises You Can Buy Now.

The time to start a cleaning company is now.




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Fight for Your Franchise Challenge, Week 4: Evaluate, Adapt and Overcome

Three important steps can save your business for the future.



  • Franchise Crisis Management Series

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Fight for Your Franchise Challenge, Week 5: Implementing the Franchise Equation

When a business is running at its peak in all areas, efficiency and profitability increase exponentially.




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Why Marketing Activities and Tracking Will Help Your Ageless Startup Succeed

Find out how to let the world know what you're doing with these easy-to-follow tips.