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Sunak should opt for inactivity in this Budget

Britain’s new chancellor would be wise to treat it as a holding operation




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Martin Wolf: The virus is an economic emergency

As borrowers and spenders of last resort, governments must act now to avert a depression




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This pandemic is an ethical challenge

To avert disaster, solidarity between countries must be as strong as within them




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Martin Wolf on the pain of separation from his grandchildren

‘We are used to having the grandchildren regularly in our house. When will that happen again? We have no idea. That is painful’




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The world economy is now collapsing

A microbe has overthrown our arrogance and sent global output into a tailspin




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Martin Wolf: coronavirus could be worst economic crisis since Great Depression

Pandemic's economic impact compared with historic crises of 1930s and 2008




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Crisis lays bare risks of financial leverage, again

This time it is capital markets, rather than banks, that have to reform




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H1 Insights is giving the healthcare industry the ultimate professional database

“I want to build a business which profiles every single researcher and healthcare professional in the world and I want to sell it to industry,” says Ariel Katz, the co-founder and chief executive of H1 Insights.  With the healthcare industry on a mission to digitize and analyze every conceivable data point it can to wring […]




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Greylock’s Reid Hoffman and Sarah Guo to talk fundraising at Early Stage SF 2020

Early Stage SF is around the corner, on April 28 in San Francisco, and we are more than excited for this brand new event. The intimate gathering of founders, VCs, operators and tech industry experts is all about giving founders the tools they need to find success, no matter the challenge ahead of them. Struggling […]




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Daily Crunch: LinkedIn is getting a new CEO

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Jeff Weiner will step down as CEO of LinkedIn June 1, product head Ryan Roslansky steps up The changes are LinkedIn’s […]




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Online learning marketplace Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

The internet has, for better or worse, become the default platform for people seeking information, and today one of the companies leveraging that to deliver educational content has raised some funding to fuel its next stage of growth. Udemy, which provides a marketplace offering some 150,000 different online learning courses from business analytics to ukulele […]




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Europe sets out plan to boost data reuse and regulate ‘high risk’ AIs

European Union lawmakers have set out a first bundle of proposals for a new digital strategy for the bloc, one that’s intended to drive digitalization across all industries and sectors — and enable what Commission President Ursula von der Leyen has described as ‘A Europe fit for the Digital Age‘. It could also be summed […]




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Lack of big tech GDPR decisions looms large in EU watchdog’s annual report

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 […]




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Box is now letting all staff work from home to reduce coronavirus risk

Box has joined a number of tech companies supporting employees to work remotely from home in response  the outbreak of the novel coronavirus. It’s applying the policy to all staff, regardless of location. Late yesterday Box co-founder Aaron Levie tweeted a statement detailing the cloud computing company’s response to COVID-19, the name of the disease caused […]




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Facebook, Reddit, Google, LinkedIn, Microsoft, Twitter and YouTube issue joint statement on misinformation

In an unprecedented move to reassure customers and flag the potential for misinformation about COVID-19 on their platforms, all of the major social media companies and their parent corporations issued a joint statement on their efforts. “We invite other companies to join us as we work to keep our communities healthy and safe,” the statement […]




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LinkedIn has no plans to make COVID-19 related layoffs from now until end of fiscal year

LinkedIn has no plans to make COVID-related layoffs until at least the end of June 2020, the professional network has confirmed to TechCrunch. This announcements comes after Salesforce CEO Marc Benioff’s pledge last month to have no significant layoffs for the next 90 days. Other business leaders such as Bank of America’s CEO Brian Moynihan […]




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FDA authorizes production of a new ventilator that costs up to 25x less than existing devices

The U.S. Food and Drug Administration (FDA) has authorized the manufacture of the Coventor ventilator, a new hardware design first developed by the University of Minnesota. The project sought to create a ventilator that could provide the same level of life-saving care as existing ventilator models, but with a much lower cost to help ramp […]




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Apple said to be working on modular, high-end, noise-cancelling over-ear headphones

Apple is said to be developing its own competitors to popular over-ear noise-cancelling headphones like those made by Bose and Sony, Bloomberg reports, but with similar technology on board to that used in the AirPod and AirPod Pro lines. These headphones would also include a design with interchangeable parts that would allow some modification with […]




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3D-printed glasses startup Fitz is making custom protective eyewear for healthcare workers

A lot of startups have answered the call for more personal protective equipment (PPE) and other essentials to support healthcare workers in their efforts to curb the spread and impact of COVID-19. One of those is direct-to-consumer 3D-printed eyewear brand Fitz, which is employing its custom-fit glasses technology to build protective, prescription specs for front-line […]




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Indian smartphone market grew by 4% in Q1, but projected to decline by 10% this year

India has emerged as one of the fastest growing smartphone markets in the last decade, reporting growth each quarter even as handset shipments slowed or declined elsewhere globally. But the world’s second largest smartphone is beginning to feel the coronavirus heat, too. The Indian smartphone market grew by a modest 4% year-over-year in the quarter […]




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Nvidia’s top scientist develops open-source ventilator that can be built with $400 in readily available parts

Nvidia Chief Scientist Bill Dally has released an open-source ventilator hardware design he developed in order to address the shortage resulting from the global coronavirus pandemic. The mechanical ventilator design developed by Dally can be assembled quickly, using off-the-shelf parts with a total cost of around $400 — making it an accessible and affordable alternative […]




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Amazon worker-activists form international organization to demand change in warehouses

Amazon workers across the world are formalizing their activism with the creation of the Amazon Workers International. Its first action is a letter to Amazon CEO Jeff Bezos and Amazon Director of UK Customer Fulfillment Stefano Perego in which the group demands the company makes permanent certain steps Amazon has implemented amid the COVID-19 pandemic. […]





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Powerful House committee demands Jeff Bezos testify after ‘misleading’ statements

Amazon is in hot water with a powerful congressional committee interested in the company’s potentially anticompetitive business practices. In a bipartisan letter sent Friday to Jeff Bezos, the House Judiciary committee demanded that the Amazon CEO explain discrepancies between his own prior statements and recent reporting from The Wall Street Journal. Specifically, the letter addressed […]




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Africa Roundup: Visa connects to M-Pesa, Flutterwave enters e-commerce

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 […]




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A worker at Amazon’s New York City fulfillment center is dead from COVID-19

Earlier this week, Amazon informed staff members at its Staten Island fulfillment center that a worker had died from COVID-19. The news was first noted by The Verge. The employee began to exhibit symptoms in early April, before being placed on quarantine April 11. He never returned to the site. “We are deeply saddened by […]




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AR is the answer to plummeting retail sales during lockdown

The so-called retail apocalypse may seem inevitable, but in these challenging times, it is more important than ever to look at how technology can turn the tide.




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Deep Render raises £1.6M for image compression tech that mimics ‘neural processes of the human eye’

Deep Render, a London startup and spin-out of Imperial College that is applying machine learning to image compression, has raised £1.6 million in seed funding. Leading the round is Pentech, with participation from Speedinvest. Founded in mid-2017 by Arsalan Zafar and Chri Besenbruch, who met while studying Computer Science at Imperial College London, Deep Render […]




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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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Apple opens access to mobility data, offering insight into how COVID-19 is changing cities

Apple is providing a data set derived from aggregated, anonymized information taken from users of its Maps navigational app, the company announced today. The data is collected as a set of “Mobility Trends Reports,” which are updated daily and provide a look at the change in the number of routing requests made within the Maps […]




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WorldGaze uses smartphone cameras to help voice AIs cut to the chase

If you find voice assistants frustratingly dumb, you’re hardly alone. The much-hyped promise of AI-driven vocal convenience very quickly falls through the cracks of robotic pedantry. A smart AI that has to come back again (and sometimes again) to ask for extra input to execute your request can seem especially dumb — when, for example, […]





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NEAR Protocol raises $21.6M from A16Z and launches its MainNet, beating Ethereum 2.0

It was only the other week that Andreesen Horowitz announced their second blockchain-focused fund of $515 million. In the announcement, they said: “We are still early in this Web 3 build-out. High-performance programmable blockchains will make decentralized network development much more accessible. After years of R&D, we are excited that a number of next-gen programmable […]




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Google Podcasts finally gets listener analytics

For all of its strengths, Google hasn’t exactly led the way in podcasting. After years of letting third-party developers dominate the category on Play, the company finally introduced its own Podcasts app. Since then, however, it’s been largely eclipsed by Spotify as second place to Apple’s longstanding efforts. Google Podcasts is finally available on iOS […]




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Discover is Facebook’s new effort to help people access websites for free — but with limits

Facebook has a new connectivity app called Discover to help those who can’t afford to get online access information on the web. The service, available through mobile web and Android app, allows users to visit any website in text format (no video, images, audio and other elements that eat up large amounts of data) and […]




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YouTube TV to gain 14 more ViacomCBS channels in expanded distribution deal

YouTube TV is expanding its lineup of channels thanks to a new, multi-year distribution agreement with ViacomCBS, announced this morning. The Google-owned streaming TV service is gaining 14 new ViacomCBS channels as a result of the deal, including news, sports, and entertainment offerings. It will also continue to carry CBS broadcast stations, CBS Sports Network, […]




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Locatee raises $4M Series A for its workplace analytics platform

Locatee, a Swiss startup that uses existing sensors and IT infrastructures to provide employers and commercial real estate owners with detailed data about how their spaces are utilized, today announced that it has raised a $4 million Series A funding round led by San Francisco-based FYRFLY Venture Partners and Zurich-based Tomahawk VC. “We started the […]




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Business feels the fear in Australia-China trade dispute

Canberra’s call for an inquiry into the origins of coronavirus has provoked threats from Beijing




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Sony chief: mobility is the next megatrend

Tech Scroll Asia, your guide to the billions made and lost in Asia tech




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Saudi Arabia shows Asia focus with renewed oil price discounts

Kingdom offers crude to US at a premium but shows reluctance to lose Asian market share




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UK says ‘small number’ of Turkish gowns failed PPE checks

Government clarifies report that 400,000 garments were unusable




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Ambani’s Jio extends US deal run as Vista takes $1.5bn stake

Investment in Reliance tech and telecoms division follows Facebook and Silver Lake agreements




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It’s the end of globalism as we know it (and I feel fine)

For the most part, its unravelling ought to be of deep concern. But we need a new social compact




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Swiss watches: time to recalibrate

As with other industries reeling in the wake of the pandemic, watchmakers were facing battles long before the virus struck




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Argentina misses deadline for debt restructuring deal

Bondholders await government’s next move as fears of default intensify




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Saudi sitcom breaks taboos on homosexuality and Israel

Popular programme is sparking debate about social change during holy month of Ramadan




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Belarus holds military parade despite coronavirus risk

President Lukashenko under fire from neighbouring countries for lax approach to pandemic




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Orca Security raises $20M Series A for its multi-cloud security platform

Orca Security, an Israeli cloud security firm that focuses on giving enterprises better visibility into their multi-cloud deployments on AWS, Azure and GCP, today announced that it has raised a $20 million Series A round led by GGV Capital. YL Ventures and Silicon Valley CISO Investments also participated in this round. Together with its seed […]




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Sleuth raises $3M Seed to bring order to continuous deployment

Sleuth, an early stage startup from three former Atlassian employees, wants to bring some much-needed order to the continuous delivery process. Today, the company announced it has raised a $3 million seed round. ​CRV led the round with participation from angel investors from New Relic, Atlassian and LaunchDarkly. “Sleuth is a deployment tracker built to […]




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GitHub gets a built-in IDE with Codespaces, discussion forums and more

Under different circumstances, GitHub would be hosting its Satellite conference in Paris this week. Like so many other events, GitHub decided to switch Satellite to a virtual event, but that isn’t stopping the Microsoft-owned company from announcing quite a bit of news this week. The highlight of GitHub’s announcement is surely the launch of GitHub […]