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US mortgage lenders face liquidity crunch

Non-bank lenders put on downgrade watch as sector braces for wave of borrowers not paying




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UK property market moves into cold storage

Experts predict transactions could plunge 50 per cent year-on-year, but what could it mean for house prices? 




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£1m-plus mortgage borrowers pay over the odds

Interest rate disparity could add nearly £2,500 per month to the cost of servicing a £5m mortgage 




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Home improvers hit by remortgage problems

Dig downs and loft extensions may increase the value of a home, but it’s hard to borrow against this




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US evangelist Billy Graham dies aged 99

‘Pastor to presidents’ said he received his calling on 18th green of local golf club




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Former First Lady Barbara Bush dies aged 92




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George HW Bush, 41st US president, dies aged 94

Deft foreign policy and Gulf war victory defined his one term in office




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Tony Mendez, CIA agent, 1940-2019

Master of disguise who plotted the ‘Argo’ escape from Iran




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Wall Street stages late rally to shave week’s losses

Key measure of American business investment fell only marginally last month




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New Sipp dealing account has no annual management fee

New Sipp dealing account has no annual management fee




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Yorkshire Building Society’s tracker-to-fixed mortgages

Fixed rate that applies in years three to five has been cut




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Chelsea’s five-year fixed-rate mortgage

3.19 per cent deal comes with a fee of £1,495




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Cashback for Santander mortgage customers

1% cashback for mortgage customers with 123 account




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Why US mortgage rates should be even lower

Uncertainty over loan forbearance prevents savings being passed on




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Bonus restrictions hamper City mortgage borrowers

Lenders reluctant to count payments as affordability checks tighten




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Avast’s rotten week is a lesson in crisis management

Shares in security software maker dropped sharply after revelations of data harvesting




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Where the fund manager consolidation narrative goes wrong

Optimism, not pessimism, could spark future takeover offers for UK investment houses




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Mexico’s Grupo Lala chief to join JAB beverages arm

Mauricio Leyva to advise German family company on expanding beverages arm




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Coronavirus: Congress passes $484bn interim stimulus package — as it happened

US job gains since financial crisis wiped out. Switzerland faces sharpest economic contraction since 1974. UK and eurozone business activity hit by historic collapse this month as lockdowns choked Europe’s biggest economies.

Read more




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Erik Fyrwald: Changing the image of the agrochemicals industry

Concerns over climate change led the chemicals veteran to dramatically transform Syngenta




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Kairn is a new task manager focused on speed

Meet Kairn, a new startup coming out of stealth today with a sneak peek of what the company has been working on. As Wunderlist shuts down, Kairn wants to prove that there’s still room for an innovative task-management service. “We’re building a task manager that is smart and focused on capturing tasks,” co-founder and CEO […]




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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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World Bank’s pandemic bond failure; ESG shakes virtual AGM agendas; BlackRock’s green Fed fight

Your guide to the investment and business revolution you can’t afford to ignore




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From balcony concerts to cyber drinks — the power of ritual in the corona age

Under lockdown, communities are finding new ways to voice their defiance, anger and support




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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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My pity package of Chinese face masks sends a bigger message

As US health workers suffer from inadequate protection, there are signs of a shifting world order




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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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Microsoft to open first data center in New Zealand as cloud usage grows

In spite of being in the midst of a pandemic sowing economic uncertainty, one area that continues to thrive is cloud computing. Perhaps that explains why Microsoft, which saw Azure grow 59% in its most recent earnings report, announced plans to open a new data center in New Zealand once it receives approval from the […]




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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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Fund managers back equities for 2012

What the experts are forecasting for next year




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How can I manage the succession of our family business? 

My mother has early onset dementia and her health is deteriorating rapidly




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Can I cut our mortgage costs by negotiating a lower rate? 

Our household income has been hit hard by the coronavirus pandemic




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Boris Johnson’s agenda is over

Voters will not tolerate another NHS winter flu crisis with too few medical staff




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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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Longtime VC Todd Chaffee of IVP says late-stage scene is now ‘M&A world’

Todd Chaffee has long been one of the most senior members of the late-stage venture firm Institutional Venture Partners. Chaffee joined IVP in 2000 after logging six years at Visa, and went on to lead rounds in numerous prominent later-stage companies, many (but not all) of which have gone public, including Coinbase, Compass, Klarna, Kayak, […]




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Wealth management could soon cost less than you’d think

Costs are falling — but it still looks far more expensive than it should




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The tragedy of two failing superpowers

To address the pandemic, China and the US must not only function. They must function together




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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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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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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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Backblaze challenges AWS by making its cloud storage S3 compatible

Backblaze today announced that its B2 Cloud Storage service is now API-compatible with Amazon’s S3 storage service. Backblaze started as an affordable cloud backup service, but over the last few years, the company has also taken its storage expertise and launched the developer-centric B2 Cloud Storage service, which promises to be significantly cheaper than similar […]




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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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HSBC seeks to remove management of ZenRock Trading

Banks try to limit fallout from collapse of Singapore commodities trader Hin Leong




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Microsoft to open first data center in New Zealand as cloud usage grows

In spite of being in the midst of a pandemic sowing economic uncertainty, one area that continues to thrive is cloud computing. Perhaps that explains why Microsoft, which saw Azure grow 59% in its most recent earnings report, announced plans to open a new data center in New Zealand once it receives approval from the […]




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Cannabis Startup Meadow Unveils A Platform For Dispensaries To Manage Orders, Patient Intake

With California on a precipice of a ballot initiative next year that could legalize marijuana recreationally, scores of cannabis startups are vying to capture what is the nation’s largest market in advance of such a big regulatory change. Meadow, a Y Combinator-backed startup, was one of the earlier ones with an ordering and delivery service […]




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Longtime VC Todd Chaffee of IVP says late-stage scene is now ‘M&A world’

Todd Chaffee has long been one of the most senior members of the late-stage venture firm Institutional Venture Partners. Chaffee joined IVP in 2000 after logging six years at Visa, and went on to lead rounds in numerous prominent later-stage companies, many (but not all) of which have gone public, including Coinbase, Compass, Klarna, Kayak, […]




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As funding slows in Boston, its early-stage market could shine

Chris Lynch, a founder and former general partner at Boston-based seed-stage fund Accomplice, remembers “VC Mountain in Waltham.” Back then, entrepreneurs on funding quests would visit a building overlooking the Waltham Reservoir near Boston where they pitched to a few investors: Matrix Partners, Charles River Ventures and Highland Capital Partners. “And if they didn’t invest in […]




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UK’s BBI puts $12M into Startup Funding Club for early-stage startups

SFC (formerly known as Startup Funding Club – a UK a seed stage investor – has received £10 million from British Business Investments (the commercial subsidiary of the British Business Bank), to deploy a total of £40 million across more than 100 early-stage startups in the UK. SFC intends to deploy the commitment in over […]




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Instabug raises $5M Series A round led by Accel, as mobile app usage surges

There are some startups that behave like sprinters, and others that run a marathon. I came across Instabug when I was in Cairo in 2013. Born during the chaotic era of the Arab Spring, this plucky startup managed to make it to TechCrunch Disrupt, then Y Combinator in 2016, then a $1.7 million in seed […]




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Private equity managers rebuked over slashing US doctor pay

Row escalates between Elizabeth Warren, Blackstone and KKR after coronavirus crisis prompts cuts