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A sports addict’s diary: my ‘Morning in America’

From Wimbledon to Lord’s, this summer has been a gift that — technology permitting — keeps on giving




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Sadako Ogata, UN High Commissioner for Refugees, 1927-2019

She turned the agency into a diplomatic and moral force




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Adidas backtracks on rent freeze after public outcry

Sportswear maker apologises but warns it cannot bear virus lockdown for long   




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Adidas says lockdown recovery will be ‘gradual rather than instant’

Sportswear maker warns sales could drop as much as 40% in second quarter




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Trade volumes spike at exchanges across Europe

Coronavirus-linked turmoil draws many investors out into the open




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On front-loading economic Covid-19 underperformance

Why, from an investment perspective, Covid-19 suppression is the equivalent of kicking the can down the road.




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Euroclear holds on to its cash ahead of virus downturn

Settlement house delays payout and project to let small shareholders cash out




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Slowing coronavirus spread calms US and European markets

Volatility gauges for both regions show sharp falls from historic highs in March




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Boom in global sand trade fuels conservation fears

Countries ban exports in attempt to protect environment as consumption is set to soar




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Predatory investors exploit leaseholders’ cladding dilemma

Properties changing hands for tens of thousands less than market value




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Building sites start to close despite government advice

Move comes amid escalating political row with London’s mayor over coronavirus risks




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How strongman leaders will exploit coronavirus crisis

It is easy to take advantage of frightened people who have accepted infringements on freedom




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Liberty Global and Telefónica dial up changes in ‘deal of decade’

O2 and Virgin Media’s £31bn merger is one of the biggest examples of virtual dealmaking during pandemic




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Deconstructed Watch: Zenith Chronomaster Revival Shadow

Discovery in Zenith factory attic helps watchmaker claim the first all-black wristwatch title




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Investors fear Italy is heading for ‘junk’ borrower status

Coveted top-quality rating hanging by a thread as Moody’s decision looms




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Carnival and Southwest lead surge in US convertible bond issuance

Companies are seeking to tap whatever sources of affordable funding are available




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Energy trader Mercuria sees turn in oil market

Price crash provokes supply cuts but ‘all bets are off’ if second wave of pandemic hits




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StanChart and HSBC face losses on loans to rice trader

Phoenix Commodities seeks debt restructuring after racking up $450m of currency hedge losses




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Bakken pain reflects long road back for US shale

North Dakota’s oil sector has ‘never been through a downturn like this’




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Deal of the week: Halifax’s Head Start Home Saver

First-time buyers receive £600 cashback if they save for 10 out of 12 months before taking out a Halifax mortgage




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The smart money has already been made on NMC Health

The holes in the investment case were there, but not many were looking




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Private investors in trading surge as coronavirus sparks market correction

As world markets take a turn for the worse, investors use ETFs as they hope to profit from any bounceback 




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Ocado’s rise faces test in food security rethink

Competitive landscape is unclear as food delivery becomes a utility




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Latin America must kick its addiction to oil-powered development

Ambitious plans for renewable energy rarely feature in government strategy




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Coronavirus: US business leaders call for co-ordinated approach — as it happened

The number of US deaths attributed to Covid-19 surpassed 45,000 on Friday, while the rate of new cases remained flat

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Coronavirus: US deaths spike as fatalities spread outside NY — as it happened

Russia's coronavirus outbreak worsens and Federal Reserve research finds a correlation between deaths from the influenza pandemic in 1918-1920 and extremist voting in Germany in 1932 and 1933

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Runa Capital closes Fund III at $157M, with an added focus on quantum computing

VC fund Runa Capital was launched with $135 million in 2010, and is perhaps best known for its investment into NGINX, which powers many web sites today. In more recent years it has participated or led investments into startups such as Zipdrug ($10.8 million); Rollbar this year ($11 million); and Monedo (for €20 million). HQ’d […]




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Cuckoo Internet closes seed funding to disrupt UK broadband market

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]




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Vaccines and antibiotics made the west complacent. This must change

Rich countries need to fund infectious disease treatments properly




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Warrior accountants: leading the green revolution?

Corporate accountants could have a significant impact on green issues




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Exclusive: Shake Shack CEO talks bailout failings; climate chaos ahead for mortgage market; EU green plans charge forward




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Facebook stock spikes despite ‘significant reduction’ in demand for ads

The coronavirus pandemic is significantly slowing the growth of Facebook’s ads business, but investors seem pleased with the company’s performance in Q1 after Facebook released its earnings report Wednesday. The company beat Wall Street expectations on revenues, sharing that they had made $17.74 billion while falling short on earnings per share at $1.71. The company […]




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TikTok tops 2 billion downloads

TikTok, the widely popular video sharing app developed by one of the world’s most valued startups (ByteDance), continues to grow rapidly despite suspicion from the U.S. as more people look for ways to keep themselves entertained amid the coronavirus pandemic. The global app and its Chinese version, called Douyin, have amassed over 2 billion downloads […]




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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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Facebook to add gift cards, jobs and donation tools to its COVID-19 Community Help hub

Facebook is expanding its Community Help hub to better serve local communities amid the COVID-19 pandemic. The hub has already seen significant usage by those requesting food, supplies and information about local resources, as well as use by volunteers and groups willing to lend a hand. Now, Facebook is adding more features to the hub […]




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A new Oculus Quest headset is reportedly on the way

Facebook has been struggling to keep its VR hardware supply chains open for months, but at the same time they’ve reportedly been hard at work on the next generation of their popular Quest headset. According to a report in Bloomberg, Facebook had been planning to release a new version of the Oculus Quest later this […]




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The EU must rethink its approach to UK trade talks

Brussels was wrong to treat Brexit as a threat, rather than grasping it as an opportunity




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A narrow EU trade deal is the most likely way forward

The UK should not agree to proposals to stagger the talks, with fish as part of the first course




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The UK’s threat to walk out of EU trade talks is real

London and Brussels have both turned these negotiations into a zero-sum game




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Paige adds $5M from Goldman Sachs to double down on AI-based cancer therapies

Paige, the Sloan-Kettering spinout that has been building an artificial intelligence platform to improve cancer pathology and subsequently use those insights to develop better drug therapies, has raised an additional $5 million in funding to continue its work commercialising its platform and expanding its research reach, while also getting FDA clearance to launch in hospitals […]




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Stripe adds card issuing, localized card networks and expanded approvals tool

At a time when more transactions than ever are happening online, payments behemoth Stripe is announcing three new features to continue expanding its reach. The company today announced that it will now offer card issuing services directly to businesses to let them in turn make credit cards for customers tailored to specific purposes. Alongside that, it’s going […]




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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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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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EA games on PS4 and Xbox One could be ‘upgraded free’ to next-gen console versions

2020 and 2021 will be one of the periodic transitional eras in gaming as Sony and Microsoft debut their shiny new consoles, the PlayStation 5 and Xbox Series X. To ease the process (and spur adoption of the next generation), EA may make its upcoming titles free to “upgrade” to your chosen console. On an […]




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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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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 loneliness of the recovery trade

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




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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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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 […]