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Google’s Duo video chat app gets a family mode with doodles and masks

Google today launched an update to its Duo video chat app (which you definitely shouldn’t confuse with Hangouts or Google Meet, Google’s other video, audio and text chat apps). There are plenty of jokes to be made about Google’s plethora of chat options, but Duo is trying to be a bit different from Hangouts and […]




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Zoom will enable waiting rooms by default to stop Zoombombing

Zoom is making some drastic changes to prevent rampant abuse as trolls attack publicly shared video calls. Starting April 5th, it will require passwords to enter calls via Meeting ID, as these may be guessed or reused. Meanwhile, it will change virtual waiting rooms to be on by default so hosts have to manually admit […]




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ZmURL customizes Zoom link previews with images & event sites

Sick of sharing those generic Zoom video call invites that all look the same? Wish your Zoom link preview’s headline and image actually described your meeting? Want to protect your Zoom calls from trolls by making attendees RSVP to get your link? ZmURL.com has you covered. Launching today, ZmURL is a free tool that lets […]




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$75M weed giant Caliva ditches Eaze, launches delivery

It’s a brutal time for marijuana startups. I’m hearing some are raising at 1/5th of their 2019 valuation amidst rampant competition, tall taxes, and slow legalization. The struggles for marijuana’s best-known startup, delivery service Eaze, continue as today it’s losing one of its top partners. $75 million-funded weed brand empire Caliva has dropped Eaze in […]




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Replace non-stop Zoom with remote office avatars app Pragli

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, […]




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Leaked pics reveal Google smart debit card to rival Apple’s

Would you pay with a “Google Card?” TechCrunch has obtained imagery that shows Google is developing its own physical and virtual debit cards. The Google card and associated checking account will allow users to buy things with a card, mobile phone or online. It connects to a Google app with new features that let users […]




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Google ditched tipping feature for donating money to sites

Leaked images obtained by TechCrunch reveal that Google considered and designed a feature that would let people donate money to websites to help support news publishers, bloggers and musicians. But Google scrapped the idea and chose not to build out the product, despite these kinds of businesses and creators often struggling to earn revenue. Last […]




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Human Capital is an engineering talent agency and a VC fund all in one

Michael Ovitz didn’t invent the idea of a talent agency, but one might argue that he perfected it. He founded the CAA in 1975, and grew it into the world’s leading talent agency, serving as chairman for 20 years. Now, Ovitz is investing in a brand new type of talent agency called Human Capital. Human […]




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Throw us your best 60-second pitch on May 13 at Pitchers and Pitches

Founders have always faced big challenges, but they pale in the face of the coronavirus pandemic. Moving your business forward will require new thinking, new tools and new opportunities along with tried-and-true essentials. We’ve got you covered on all fronts. Case in point — catching investor attention in this climate will require a pitch par […]



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Material Bank, a logistics platform for sourcing architectural and design samples, raises $28M

Material Bank, a logistics platform for the architectural and design industry, has announced the close of a $28 million Series B financing today, led by Bain Capital Ventures. Bain’s Merritt Hummer led the round on behalf of the firm and will join the board of directors at Material Bank, along with Jeff Sine, cofounder and […]




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Figma raises $50 million Series D led by Andreessen Horowitz

Figma, the design platform that lets folks work collaboratively and in the cloud, has today announced the close of a $50 million Series D financing. The round was led by Andreessen Horowitz, with partner Peter Levine and cofounding partner Marc Andreessen managing the deal for the firm. New angel investors, including Henry Ellenbogen from Durable […]




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Mark Cuban: ‘Raising money isn’t an accomplishment, it’s an obligation’

Mark Cuban isn’t impressed that you’ve raised money. “If you think the accomplishment is raising money first, we’re probably not gonna get along,” said Cuban in an Extra Crunch Live interview. “If your orientation is ‘I got to raise the money first,’ you don’t really have a company yet, and you really haven’t accomplished anything […]




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Original Content podcast: Netflix’s ‘Middleditch & Schwartz’ might change your mind about improv

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 […]




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DDG Wolff: Reliance on international trade for food security likely to grow

Food security is increasingly dependent on international trade, making it critical to keep trade in food flowing, WTO Deputy Director-General Alan Wolff noted on 30 April. In remarks delivered on his behalf by WTO Agriculture Division Director Edwini Kessie at the “Trade Dialogues on Food” webinar, he said that, on balance, governments have been quick to recognize the value of international trade for global food security during the COVID-19 crisis and are taking concrete action to protect the global food supply chain from disruption. His remarks are below:




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Meet TezLab, the Fitbit for Tesla vehicles

Some of the best real-time insights into Tesla and its global fleet of electric vehicles — outside the confines of its Silicon Valley headquarters — might be through the lens of TezLab, a tiny upstart in Brooklyn. Now, a little more than two years after its founding, TezLab is on the verge of hitting what […]




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WeWork CEO Adam Neumann has reportedly cashed out of over $700 million ahead of its IPO

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, […]




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This $3.5 million new Pagani hypercar got its world debut in a Zynga mobile game

High-priced, handmade boutique sports cars typically make their debut where the well-heeled and the media gather. Pagani took a different approach this time around. The Italian supercar manufacturer unveiled its new nearly $3.5 million Huayra Roadster BC in CSR2, the mobile game produced by Zynga . The physical car will eventually get its moment. Pagani […]




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Impossible adds ‘ground pork’ and ‘sausages’ to its lineup of plant-based foods

Impossible Foods made huge waves in the food industry when it came up with a way of isolating and using “heme” molecules from plants to mimic the blood found in animal meat (also comprised of heme), bringing a new depth of flavor to its vegetarian burger. This week at CES, the company is presenting the […]




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Despite pandemic, gaming is well-positioned to withstand recession

Efforts to slow the spread of COVID-19 have led to a global economic downturn, but the gaming industry is booming. With hundreds of millions of people sequestered in their homes, game usage has spiked. And while the economic repercussions will persist after people cease physical distancing, gaming is positioned to fare well during a recession. […]




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Twitter CEO’s weak argument why investors shouldn’t fire him

Twitter CEO Jack Dorsey might not spend six months a year in Africa, claims the real product development is under the hood and gives an excuse for deleting Vine before it could become TikTok. Today he tweeted, via Twitter’s investor relations account, a multi-pronged defense of his leadership and the company’s progress. The proclamations come […]




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Oura raises $28 million for its health and sleep tracking ring

Smart rings are still a relatively young category in the wearable hardware world, but the Oura Ring seems to be a standout in terms of early success. The Oura Ring hardware is sleek and packed with sensors, allowing it to measure a user’s sleep patterns, take your body temperature and track activity, and now Oura […]




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Jack Dorsey creates $1B COVID-19 relief fund using Square equity

Jack Dorsey announced in a series of tweets today that he is shifting $1 billion in his Square equity to create a fund dedicated to COVID-19 relief. The Twitter and Square CEO is calling the fund Start Small and posting a tally of disbursements and recipients in a public spreadsheet. Dorsey said in his announcement […]





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PayPal, Intuit & Square approved to offer loans to small businesses through coronavirus relief program

Fintech companies have been lobbying for weeks to be able to participate in the U.S. government’s emergency lending program for small businesses. Now those efforts have paid off, as PayPal, Intuit and Square have all been approved to participate in the U.S. Small Business Administration’s (SBA) Paycheck Protection Program, which provides aid in the form […]




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8 top fintech VCs discuss COVID-19 trends, signals and opportunities

In recent years, fintech’s revolution has felt like a rising tide. Behemoths like Stripe and Square edged out banks while newbies like Brex nonchalantly raised nine-figure rounds. Today, however, the state of the financial technology industry feels more wobbly — some healthy startups in the genre are faring better than ever, while others are feeling […]




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EIA expects the United States will return to being a net importer of crude oil and petroleum products

In the April Short-Term Energy Outlook (STEO), EIA forecasts that the United States will again become a net importer of crude oil and petroleum products in the third quarter of 2020 and remain a net importer in most months through the end of 2021. Fewer barrels are available for export as U.S. crude oil production continues to decline. In addition, net exports of petroleum products will be lowest in the third quarter of 2020, when U.S. refinery runs decline in response to lower demand for refined products.




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WeWork CEO Adam Neumann has reportedly cashed out of over $700 million ahead of its IPO

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, […]




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Quarantine creates new opportunities for video makers, according to a Butter Works report

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 […]




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Original Content podcast: Netflix’s ‘Middleditch & Schwartz’ might change your mind about improv

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 […]




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Yelp is making it easier for businesses to highlight their virtual services

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. […]




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‘Thor: Ragnarok’ director Taika Waititi is making a Star Wars movie

Taika Waititi already reinvigorated the Thor franchise. Now he’s looking to do the same for Star Wars. Waititi is probably best-known for directing “Thor: Ragnarok” — easily the best of the Thor movies and one of the most delightful films in the Marvel Cinematic Universe. More recently, he wrote and directed the Nazi comedy “Jojo […]




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Publicist launches its marketplace for freelance PR and marketing

Founder and CEO Lara Vandenberg told me she created Publicist to support the ways in which the communications and marketing industry is changing — changes that are only accelerating due to COVID-19. Vandenberg was previously senior vice president of communications and marketing at Knotch, and she told me, “More companies now are being better served […]




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How will digital media survive the ad crash?

When I first met Bustle Digital Group’s Jason Wagenheim, New York City was just beginning to go into lockdown. The BDG offices were empty thanks to the company’s newly instituted work-from-home policy, but it still seemed reasonable to meet in-person to learn more about BDG’s broader vision. At the time, Wagenheim — a former Fusion […]




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Daily Crunch: Zoom acquires security startup Keybase

Zoom acquires some encryption expertise, Uber makes a big investment in scooters and we review the new 13-inch Macbook Pro. Here’s your Daily Crunch for May 7, 2020. 1. Zoom acquires Keybase to get end-to-end encryption expertise Keybase, whose encryption products include secure file sharing and collaboration tools, should give Zoom some security credibility as […]




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U.S. electricity fuel mix continues to shift

The U.S. Energy Information Administration reported continuing changes to the fuel mix for U.S. electricity generation. Over the past decade, the share of U.S. electricity generation supplied by natural gas-fired power plants increased from 23% of total generation in 2010 to an estimated 37% in 2019. This increase was offset by a reduction in the share of generation from coal-fired power plants from 46% in 2010 to an estimated 24% in 2019. EIA expects the share of coal generation to continue its decline to 21% in 2020, while natural gas's share of generation stabilize between 37% and 38% in 2020 and 2021 as renewable energy sources continue to gain market share. In its January Short-Term Energy Outlook, EIA estimated that the expected share of generation from renewable sources will increase from 17% in 2019 to 19% this year and to 22% in 2021. The increase in the renewables share is the result of an increase in electricity generation from wind and solar. The share of generation from hydropower is expected to remain the same through 2021.




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U.S. total electricity generation expected to decline in 2020

In its April Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that U.S. electricity generation will decline by 3% in 2020 as a result of the COVID-19 related economic slowdown. Most new generating capacity built in 2020 will use renewable energy sources. EIA expects renewable generation to grow by 11% in 2020. Although EIA expects renewable energy to be the fastest growing source of U.S. electric generation in 2020, the economic slowdown will reduce the total amount of new generating capacity over the next few months. The electric power sector will add 19.4 gigawatts of new wind capacity and 12.6 gigawatts of utility-scale solar capacity in 2020. These annual wind and solar capacity additions are 5% and 10% less, respectively, than EIA forecast in its March outlook. This update combined with EIA's forecast lower overall electricity demand, leads to a decline in U.S. fossil fuel generation, especially at coal-fired power plants. EIA expects that coal generation will fall by 20% in 2020.




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United States will return to importing more crude oil and petroleum products than it exports

In the April Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that the United States will again become a net importer of crude oil and petroleum products in the third quarter of 2020 and remain a net importer in most months through 2021. More net imports of crude oil and less net exports of petroleum products drove this change. EIA expects net crude oil imports to increase because as U.S. crude oil production declines, fewer barrels will be available for export. Net exports of petroleum products will be lowest in the third quarter of 2020, when U.S. refinery runs will decline significantly because of lower demand for refined products. In September 2019, the United States exported more crude oil and petroleum products than it imported for the first month since records began in 1973. EIA previously expected the United States to continue as a net exporter in most months through 2021. However, as a result of recent significant changes in global oil market dynamics, EIA now expects U.S. imports and exports will be even in 2020. It is important to note that the April outlook is subject to heightened levels of uncertainty because the impacts of the 2019 novel coronavirus disease on energy markets are evolving.




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New international standards for audit reports are game-changing - 20 Jan

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.




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Australian CEOs getting on with business, despite threats to growth - 20 Jan

CEOs are more optimistic about growth than international counterparts, despite concerns about over-regulation and the Government's response to Australia's fiscal deficit, according to a PwC report launched today.




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Australia Must Get to Grips with Asian Century - 12 Feb

If we continue to ignore the rising economic success of our Asian neighbours we will lose our place as a G20 economy by 2030.




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Australian National Committee for UN Women welcomes partnership with PwC Australia - 17 Feb

PwC Australia is delighted to announce a partnership with The Australian National Committee for UN Women in a joint effort to promote gender equality.




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PwC Grows its Social Infrastructure Capability with Appian Group Acquisition - 1 Apr

PwC has acquired infrastructure advisory firm Appian Group, bolstering the firm’s focus on health and social infrastructure, PwC Managing Partner, Deals Sean Gregory announced today.




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Gender Gap Must narrow with Overseas Postings - 1 Apr

The workplace gender gap is at its widest among the expat community with only one in four Australian females currently working overseas, PwC People Business Partner Jonathan Dunlea said today while launching a new report.




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Big City thinking needs Big City analytics: Identifying Sydney's Centres of Gravity - 7 Apr

Greater Sydney generates 23% of the Nation's GDP and will be a city of 8 million, up from 4 million, in the next 40 years.




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PwC brings in the experts to help drive Diversity efforts - 14 Apr

PwC Chief Executive Luke Sayers today announced the members of an external advisory board charged with moving the firm towards greater diversity and inclusion among its people.




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Credit growth hits post GFC-high, but margins at all-time low - 7 May

Australia’s four major banks delivered combined underlying cash earnings of $15.5 billion for the first-half to March 2015.




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Navigating the energy 'trilemma' crucial for Australian power and utilities sector - 20 May

The pace and scale of disruption in the power and utilities sector is happening faster than expected.




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Local economy, Local Investment Solutions with Geospacial Economic Modelling - 25 Jun

Unique granular modelling of over 2,000 locations across Australia uncover how fragmented and concentrated our economy is.




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PwC backs Australia’s best young STEM innovators with $20,000 seed funding - 1 Jul

Two young Australian innovators are ready to take their ventures to the next level after sharing in $20,000 in seed funding from PwC during a live pitching event held by the Foundation for Young Australians.




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Small Business can unlock big growth with the internet: PwC & Google report - 17 Aug

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.