Business contestants battle for $1m prize money in glitzy televised extravaganza

UK lender is latest to warn coronavirus-induced economic disruption will hit its clients

Vietnam vet and old-school conservative whose friendships crossed the political aisle

French regulator says agency failed to verify false story that sent Vinci shares down 18%

Activist investor sought to take control of strategy at French group led by Arnaud Lagardère

Airline forecasts capacity will be almost wiped out in the second quarter

The fintech company aims to disrupt other Latin American markets with its smartphone-based services

NS&I scraps planned cuts to prize fund rate 

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 […]

Google is reportedly on the verge of stepping up their hardware game in a way that follows the example set by Apple, with custom-designed silicon powering future smartphones. Axios reports that Google is readying its own in-house processors for use in future Pixel devices, including both phones and eventually Chromebooks, too. Google’s efforts around its […]

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 […]

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

I am in the process of getting divorced from his mother

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

We are returning to the UK from the US following the virus outbreak

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 […]

In its latest effort to deal with rampant harassment on its platform, Twitter will look into giving users a second chance before they tweet. In a new feature the company is testing, users who use “harmful” language will see a prompt suggesting that they self-edit before posting a reply. When things get heated, you may […]

The lead European Union privacy regulator for most of big tech has put out its annual report which shows another major bump in complaints filed under the bloc’s updated data protection framework, underlining the ongoing appetite EU citizens have for applying their rights. But what the report doesn’t show is any firm enforcement of EU […]

Action camera manufacturer GoPro has announced some massive organizational changes at the company. In particular, the company is laying off more than 200 employees — which represents a 20% staff reduction. GoPro plans “office space reductions in five geographies” as well as a reduction in operating expenses. The company expects a “$100 million reduction in […]

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 […]

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 […]

Only about 6 percent of the country’s biggest cities are planning for or thinking about autonomous vehicles or self-driving cars in their long-range transportation plans, according to the National League of Cities. What’s even more surprising is that only 3 percent of these cities’ transit plans are even taking into account the impact of ride-hailing companies like […]

Late last night the Financial Times reported that HuffPost, arguably one of the crown jewels of Verizon Media Group’s remaining network of media properties (which includes TechCrunch), is up for sale. Verizon has been shedding media properties in a retreat from the strategy that it had begun to execute with the acquisition of AOL for […]

Tesla’s Model 3 is among the top 10 choices for car buyers in 2020, according to Consumer Reports. The nonprofit organization released its “Top Picks” of the year on Thursday, and it included Tesla’s most affordable vehicle alongside cars from automakers including Toyota, Subaru, Honda, Kia and Lexus. The Model 3 was chosen as one […]

The European Commission has set out a plan to move towards a ‘right to repair’ for electronics devices, such as mobile phones, tablets and laptops. More generally it wants to restrict single-use products, tackle “premature obsolescence” and ban the destruction of unsold durable goods — in order to make sustainable products the norm. The proposals […]

Vericool, a Livermore, Calif.-based startup that’s replacing plastic coolers and packaging with plant-based products, has raised $19.1 million in a new round of financing. The company’s stated goal is to replace traditional packaging materials like polystyrene with plant-based insulating packaging materials. Its technology uses 100% recycled paper fibers and other plant-based materials, according to the […]

In a small suburb of Melbourne, two entrepreneurs are developing a technology that could mean big changes for the packaging industry. Stuart Gordon and Mark Appleford are the co-founders of Varden, a company that has developed a process to take the waste material from sugarcane and convert it into a paper-like packaging product with the […]

Tesla is aiming to ramp up “limited operations” at its factory in Fremont, Calif., a decision that puts the company and its CEO Elon Musk in direct conflict with a stay-at-home order in Alameda County. Update: On Friday, Alameda County health officials said the automaker was told not to reopen. Employees received two emails — […]

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 […]

Facebook Messenger could soon automatically tell your closest friends you’re at the gym, driving or in Tokyo. Messenger has been spotted prototyping a ported version of the Instagram close friends-only Threads app’s Auto Status option that launched in October. The unreleased Messenger feature would use your location, accelerometer and battery life to determine what you’re […]

Could avatars that show what co-workers are up to save work-from-home teams from constant distraction and loneliness? That’s the idea behind Pragli, the Bitmoji for the enterprise. It’s a virtual office app that makes you actually feel like you’re in the same building. Pragli uses avatars to signal whether co-workers are at their desk, away, […]

The WTO Secretariat has published a new report on the treatment of medical products in regional trade agreements (RTAs) amid current supply shortages caused by the COVID-19 pandemic. The report examines the extent medical products are traded among preferential partners and the difference in liberalization rates within and outside these trade agreements.

The WTO Secretariat has published a new information note looking at how the COVID-19 pandemic has affected e-commerce, including the implications for cross-border trade. It notes the increased use of e-commerce as consumers adapt to lockdowns and social distancing measures and draws attention to several challenges, such as the need to bridge the digital divide within and across countries.

A new report issued by the WTO on 8 May seeks to help least developed countries (LDCs) better understand the trade-related implications of graduation from LDC status. The product of a joint effort between the WTO and the Enhanced Integrated Framework (EIF), “Trade Impacts of LDC Graduation” looks at how graduation may affect LDCs’ participation in world trade, including their access to export markets, and implications for their WTO commitments.

Adam Neumann, the co-founder and chief executive of the international real estate co-working startup WeWork has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the payouts, made through a mix of stock sales and loans secured by his equity in the company, […]

Adam Neumann, the co-founder and chief executive of the international real estate co-working startup WeWork has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the payouts, made through a mix of stock sales and loans secured by his equity in the company, […]

In the U.S., Robinhood has led the charge in upending the stock investing model through its mobile-first, minimal-step, commission-free trading platform. Now a startup out of Germany built on a similar premise is announcing a big round of funding from some top investors to continue its growth. Trade Republic — which lets people buy and sell […]

While global stay-at-home orders have been a blow to most companies, they’ve also created opportunities for businesses helping to keep people entertained. So if you’re a YouTube creator hoping to capture some additional eyeballs while everyone’s stuck at home, online video agency Butter Works has released an interactive report outlining the most promising topics for […]

After three years in development, the International Auditing and Assurance Standards Board (IAASB) has released a set of standards that are game-changing for shareholders and the profession, says PwC.

For members of Australia's start up community, Adelaide is fast growing the reputation of a national entrepreneurial hub.

The global mining industry's fight for value and free cash flow has descended into a brawl, after 2014 saw the world's 40 largest miners ramp up production, slash capital spending, and rein in costs.

Australian small businesses can unlock an additional $49.2 billion in output over the next ten years by making better use of existing technology, PwC analysis commissioned by Google released today shows.

The number of detected cyber security incidents in Australia was the highest worldwide in the last 12 months with an increase of 109 percent, compared to a 38.5 percent increase globally.

In its latest effort to deal with rampant harassment on its platform, Twitter will look into giving users a second chance before they tweet. In a new feature the company is testing, users who use “harmful” language will see a prompt suggesting that they self-edit before posting a reply. When things get heated, you may […]

1. Blood thinners may boost survival rates of Covid-19 infected patients: Report  Top Live News
2. Coronavirus blood-clot mystery intensifies  Nature.com
3. Blood thinners could improve survival chances for sickest coronavirus patients, study says  USA TODAY
4. Evidence Builds Linking Anticoagulation to COVID-19 Survival  Medscape
5. Doctors may have found a way to reduce the risk of death in severe coronavirus cases  BGR
6. View Full coverage on Google News

1. Trump admin working to temporarily ban work-based visas: Report  The Newsopedia
2. US lawmakers want H-1B visas and foreign students internship suspended to protect American jobs  Times of India
3. US likely to temporarily ban work-based visas like H-1B due to rise in unemployment  Zee News
4. 5 US lawmakers ask Trump to suspend new H-1B visas  The Tribune India
5. COVID-19 impact | Anxious H-1B visa holders don't know what is next in store  Moneycontrol
6. View Full coverage on Google News

Late last night the Financial Times reported that HuffPost, arguably one of the crown jewels of Verizon Media Group’s remaining network of media properties (which includes TechCrunch), is up for sale. Verizon has been shedding media properties in a retreat from the strategy that it had begun to execute with the acquisition of AOL for […]

Fresh off of a large round of layoffs, Lyft reported its Q1 results this afternoon. The ride-hailing company disclosed that it generated revenue of $955.7 million in the first three months of 2020, up 23% from its year-ago Q1 revenue result of $776 million. The company’s net loss of $398.1 million was also an improvement […]

This morning let's peek at Uber's numbers ahead of earnings and see what we can learn about its 2019 in the micro-mobility world.

Four easy ways to amplify your impact.