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Virgin Money profits halve as it prepares for surge in bad loans

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




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JPMorgan among new backers for paperless voting fintech

Proxymity raises $20m in spinout from Citigroup as shareholder meetings go virtual




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Brussels plans new anti-money laundering authority

European Commission seeks to strengthen enforcement powers after banking scandals




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Oil’s cruellest month has forced a rethink on production

Dive into negative prices triggered pullback that helps set scene for rebound




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Newmont earnings surge more than ninefold

World’s biggest gold miner reaps rewards of pandemic price effect and Goldcorp acquisition




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Learning about money and rich people’s problems

Covert and overt ways to interest children in learning about money




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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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What do children spend their pocket money on?

In our increasingly cashless society, parents are turning to apps and payment cards designed for youngsters




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What I wished I’d known about money when I was young

Young people may face many challenges, but they also have many wealth creation opportunities




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Simple rules for managing your money

Learning how to budget is a vital skill to master at the beginning of a career




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Equity Monday: Intel covets Moovit, two early stage rounds, and Uber’s earnings

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. […]




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Samsung’s Galaxy S20 Ultra is a lot of phone for a lot of money

Let’s talk about money. More specifically, let’s talk about how much things cost. A few years back, the price of flagship smartphones leapt above the $1,000 threshold, owing largely to the cost of screen technology. It’s a tough calculus, but that’s the price of innovation. The rising cost of smartphones is largely regarded as a […]




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India’s Glance tops 100M daily active users in 21 months

Glance, which serves media content, news and casual games on the lock screen of Android -powered smartphones, has amassed 100 million daily active users, it said today. The subsidiary of ad-firm InMobi Group reached the milestone in 21 months in what appears to be the shortest duration for any popular internet service to gain their […]




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Spotify Q1 beats on sales of $2B with monthly active users up 31% to 286M

The coronavirus may be decimating some corners of the economy, but the impact on the digital music, as evidenced by the world’s biggest music streaming company, appears to be minimal. Today Spotify reported its earnings for Q1 with revenues of €1.848 billion ($2 billion at today’s rates) and an inching into a positive net income […]




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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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China’s Kingsoft Cloud tests US market with biggest IPO in months

First New York listing by a Chinese company since Luckin Coffee debacle




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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 […]




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Investors pour money into cash funds

Investors seek safe haven from stock market volatility




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Can I force my stepson to repay money I lent him to buy his flat?

I am in the process of getting divorced from his mother




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Investing in IPOs is an easy way to lose money

The struggles of Uber provide a stark lesson of the dangers of buying new issues




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Monetary financing demands sober management

It is simply another policy tool, neither the royal road to hyperinflation nor a cure-all




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Samsung’s Galaxy Watch blood pressure monitoring app approved by South Korean regulators

Samsung Electronics announced today that its blood pressure monitoring app for Galaxy Watches has been approved by South Korean regulators. Called the Samsung Health Monitor, the app will be available for the Galaxy Watch Active2 during the third quarter, at least in South Korea, and added to upcoming Galaxy Watch devices. TechCrunch has contacted Samsung […]




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The next iPhone could be delayed a month, as pandemic wears on

The latest budget iPhone arrived this month to largely positive reviews. The next flagship, on the other hand, may have to wait. The COVID-19 pandemic is having all manner of knock-on effects on the global economy, and the supply chain is certainly not immune. The Wall Street Journal this morning is reporting that the iPhone […]




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Google delays Android 11 by a month

Google today announced that it is extending the preview period of Android 11 by about a month. So instead of launching a beta this month, as it had previously planned, it’ll release a fourth developer preview today instead. The first beta will officially launch on June 3, during an Android -centric online event it’ll hold […]




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A saint among the sinners of the Afghan war

The death of a doctor who transformed Afghan lives contrasts with revelations of US ignorance




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UK car sales fall 97% in worst month since 1946

Showroom and factory closures blamed for dive to 4,321 registrations in April




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Teaching children about money in lockdown

Financial education has an important role to play to prepare children for an uncertain future




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Investors Chronicle: JD Sports, AstraZeneca, Virgin Money UK

Companies analysis from our sister publication




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Citroën introduces a two-seat EV that costs €19.99 a month

The Citroën Ami is a new take on urban mobility. It’s electric, cheap and doesn’t require a license. In short, it’s less of a car and more of an electric scooter with two seats, doors and a heater. Jokes aside, the Citroën Ami could be a glimpse at the future of mobility. The innovation isn’t […]




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Tesla prepares to bring back 30% of Fremont factory workers in spite of county order

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 — […]




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Tesla hasn’t been given the ‘green light’ to reopen Fremont factory, health official says

Tesla has not been given the “green light” to open its factory in Fremont, Calif., Alameda County Health Officer Dr. Erica Pan said in a videostreamed town hall meeting Friday. Tesla made plans to open as early as Friday in defiance of the county’s extended stay-at-home order. Tesla said in an internal email sent to […]




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Telegram hits 400M monthly active users

Instant messaging service Telegram has amassed 400 million monthly active users, it said today, up from 300 million active users the seven-year-old service disclosed to the SEC last October. The service — founded by Pavel Durov, who also created Russian social networking site VK — said it adds about 1.5 million users each day and […]




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India’s Glance tops 100M daily active users in 21 months

Glance, which serves media content, news and casual games on the lock screen of Android -powered smartphones, has amassed 100 million daily active users, it said today. The subsidiary of ad-firm InMobi Group reached the milestone in 21 months in what appears to be the shortest duration for any popular internet service to gain their […]




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Google delays Android 11 by a month

Google today announced that it is extending the preview period of Android 11 by about a month. So instead of launching a beta this month, as it had previously planned, it’ll release a fourth developer preview today instead. The first beta will officially launch on June 3, during an Android -centric online event it’ll hold […]




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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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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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U.S. monthly natural gas production expected to decline through 2020

The U.S. Energy Information Administration forecasts that U.S. dry natural gas production will average 95.3 billion cubic feet per day in 2020, up 3% from 2019. However, EIA expects monthly production to generally decline through 2020, falling from an estimated 96.3 billion cubic feet per day in January to 92.3 billion cubic feet per day in December. Most of the decline in production will occur in the Appalachian and Permian regions. In the Appalachian region, low natural gas prices are discouraging drilling for natural gas. In the Permian, low oil prices are expected to reduce the associated production of natural gas from wells drilled to produce oil. In its March Short-Term Energy Outlook, EIA forecasts that U.S. dry natural gas production will average 92.6 billion cubic feet per day in 2021, down 3% from 2020. This would be the first decline in average annual natural gas production since 2016.




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Google delays Android 11 by a month

Google today announced that it is extending the preview period of Android 11 by about a month. So instead of launching a beta this month, as it had previously planned, it’ll release a fourth developer preview today instead. The first beta will officially launch on June 3, during an Android -centric online event it’ll hold […]




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India’s Glance tops 100M daily active users in 21 months

Glance, which serves media content, news and casual games on the lock screen of Android -powered smartphones, has amassed 100 million daily active users, it said today. The subsidiary of ad-firm InMobi Group reached the milestone in 21 months in what appears to be the shortest duration for any popular internet service to gain their […]






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Why I feared a Downton disaster: Simon Jones horror when he had to saddle up for the Downton movie

British actor Simon Jones discusses his role as King George V in the new Downton Abbey movie. It marked the first time he had ridden a horse on set since Brideshead Revisited.




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British Fashion Awards 2019: Tom Cruise dines with stunning Michelle Dockery at ceremony

The actor, 57, was in good company as he joined by stunning Downton Abbey star Michelle Dockery at Monday evening's British Fashion Awards, held at the Royal Albert Hall in south-west London.




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Downton creator Julian Fellowes' Belgravia is set among London's elite. LISA SEWARDS meets the cast

Lisa Sewards met the cast of new ITV 19th-century period drama Belgravia on set. Tamsin Greig, an Olivier-winning stage actress, appears as Anne Threnchard.




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NTAs 2020: Georgia Toffolo takes tube to the ceremony before getting the BUS home

In keeping up with tradition, Georgia Toffolo, 25, surprised onlookers for the second year in a row by taking the tube to the glitzy event on Tuesday night.




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NTAs 2020: Montana Brown leaves little to the imagination

Montana Brown certainly didn't disappoint when she attended the National Television Awards 2020 at London's O2 Arena on Tuesday night, donning a daring dress for the occasion.




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NTAs 2020: Coronation Street's Alison King appears to be escorted out of the ceremony

It appears Alison King may have indulged in one glass too many at this year's event, as she was seemingly escorted out of the ceremony at 9pm Tuesday evening.




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NTAs 2020: Pixie Lott oozes elegance in a backless lemon dress

The singer, 29, looked incredible in a pale lemon form-fitting gown as she posed up a storm in front of the paparazzi before heading into the ceremony.




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NTAs 2020: Fleabag and Killing Eve among shock SNUBS

The NTAs saw the biggest shows of the past year recognised, with viewers at home voting for who would take the gong. With the power solely in the hands of the public, several big names were snubbed.




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Ant and Dec auction two of their NTAs to raise money for NHS

Taking to Instagram on Thursday, the duo, both, 44, announced they were inspired by Chris Evans' efforts to raise money for the NHS so planned to sell the gongs