The optimism that confounded many in April may be slipping in May, as stocks fell during Friday’s trading session and are down again this morning. The tech-heavy Nasdaq Composite is off 0.55% this morning, putting it 13% off its record highs set this year, but also up 29% from its 52-week lows it set directly […]
Good morning and welcome back to TechCrunch’s Equity Monday, a jumpstart for your week. Equity had a busy last few days, so to help you catch up: Friday’s episode was a lot of fun (Duolingo, Figma, OMERS, and aquafaba), and we also dropped an Equity Shot on Saturday, digging into the first major technology earnings week. […]
You can now debunk thousands of coronavirus-related hoaxes with a few texts on WhatsApp . Poynter Institute, a non-profit organization that supports journalism, today launched a bot on the Facebook -owned service that will allow people across the globe to debunk over 4,000 hoaxes surrounding the pandemic such as whether the infectious disease originated in […]
As businesses struggle to reinvent themselves in the midst of the COVID-19 pandemic, Yelp is launching new features to help highlight these changes. For one thing, it’s adding a new information category called virtual service offerings, which will allow businesses to showcase the fact that they’re providing things like virtual consultations, classes, tours and performances. […]
Namogoo, the Israel-based company that has developed a solution for e-commerce and other online enterprises to prevent “customer journey hijacking,” has acquired behavioural analytics company Personali. Terms of the deal remain undisclosed, although we understand the Personali is joining Namogoo . Described as a “strategic acquisition,” Personali — which was founded in 2011 and had […]
Following in the footsteps of the MacBook Air and 16-inch Pro, Apple’s 13-inch Pro model is finally getting the company’s much improved keyboard. It’s probably not enough reason for recent MacBook buyers to upgrade, but could well be the thing that pushes the indecisive over the edge. To sweeten the pot, the new laptop gets […]
Uber Eats is pulling out of a clutch of markets — shuttering its on-demand food offering in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Uruguay and Ukraine. It’s also transferring its Uber Eats business operations in the United Arab Emirates (UAE) to Careem, its wholly owned ride-hailing subsidiary that’s mostly focused on the Middle […]
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 […]
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 […]
It seems the demand for Safaricom’s M-Pesa payment product never eases. Since its 2007 launch in Kenya, the fintech app has commanded over 70% of the mobile money market in that country. When COVID-19 hit the East African nation of 53 million in March, the Kenyan Central Bank turned to M-Pesa as a public health […]
Weeks after Facebook invested $5.7 billion in Jio Platforms, India’s top telecom operator, private equity firm Silver Lake is following suit — and is willing to pay a premium for it. Silver Lake announced on Monday it will be investing 56.56 billion Indian rupees (about $746.8 million) in Jio Platforms for about 1.15% stake in the Indian […]
An India-based startup that has built a Shopify -like platform for coaching centers to accept fees digitally from students, and deliver classes and study material online has received the nod — and capital — from a number of high-profile investors. The business-to-business startup, called Classplus, said on Monday that it has raised $9 million in […]
When Roger Lee, the co-founder of Human Interest, heard that San Francisco imposed shelter-in-place orders, he started blogging about layoff news and posting crowdsourced lists of employees who were laid off. His goal was to increase awareness about layoffs and give recruiters a place to search for candidates. However, one week and 40 startup layoffs […]
Jon Evans Contributor Jon Evans is the CTO of the engineering consultancy HappyFunCorp; the award-winning author of six novels, one graphic novel, and a book of travel writing; and TechCrunch's weekend columnist since 2010. More posts by this contributor Magic Leap’s $2.6 billion bait and switch How to make sense of the coronavirus chaos It’s […]
Some big M&A is afoot in Israel in the world of smart transportation. According to multiple reports and sources that have contacted TechCrunch, chip giant Intel is in the final stages of a deal to acquire Moovit, a startup that applies AI and big data analytics to track traffic and provide transit recommendations to some […]
Since the start of the outbreak, governments and companies have scrambled to develop apps and websites that can help users identify COVID-19 symptoms. India’s largest cell network Jio, a subsidiary of Reliance, launched its coronavirus self-test symptom checker in late March, just before the Indian government imposed a strict nationwide lockdown to prevent the further […]
During these long, mundane physically-distant days, stretching on into an uncertain future like an ever-lengthening beigeish corridor, it’s impossible not to miss hanging out with friends. Especially the kind of hanging out where you’re not really doing anything in particular, not talking about any one thing—just kind of being. As we continue to stay physically […]
We’ll admit it: Some of your Original Content podcast hosts are a little skeptical about improvised comedy. Of course, we can enjoy improv when it’s done well. It’s just that we’ve seen it done less well, often by friends who are so enthusiastic without being particularly funny. And our friends aside, live improv has rarely […]
[Editor’s note: Get this weekly recap of TechCrunch news that any startup can use every Saturday morning by email (7am PT). Just subscribe here.] How well is SaaS overcoming business impacts of the pandemic? First, there’s no negative impact on the revenues of big cloud infrastructure providers visible so far, according to a new research […]
This week we continue to look at how the coronavirus outbreak is impacting the world of apps, plus the use of live-streaming apps as fundraising tools and more.
