Company pledges two ships and two islands as collateral in upsized refinancing plan

Horseman Capital’s Russell Clark has sold his holdings in government bonds

An esoteric choice they may be for private investors, but if you’re selective they can add value

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

NetSaver easy access account pays 3.16 per cent on savings

One of Latin America’s top real estate developers puts some of his triumphs down to luck

Pharma and chemicals group says it will ‘defend itself vigorously’ amid mounting cases

Jim Ratcliffe-led chemicals group adds top-flight team to growing sports portfolio

German chemicals group faces surge in plaintiffs alleging cancer link to Roundup

Projections suggest $300m in annual cost savings and $400m of revenue benefits

Many zombie companies will fail, no matter how much is sprayed around by the Fed

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

Happy Saturday and welcome back to an Equity Shot, a short-form episode of Equity where we drill into one particular topic. There was so much news this week in our main areas of focus — startup funding rounds, new venture funds, that sort of thing — that we had to exclude earnings from the main […]

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. […]

Private equity firm Vista Equity Partners said on Friday it will invest $1.5 billion in Reliance Jio Platforms, joining social conglomerate Facebook and Silver Lake that have also made bets on the Indian telecom giant in recent weeks. The planned announcement, which would give the U.S.-headquartered software-focused buyout firm Vista Equity Partners a 2.32% stake in […]

Samsung overnight released its earnings guidance for the first quarter of 2020, stating that it expected sales of $45.4 billion and an operating profit of roughly $5.3 billion. The company’s fiscal year is aligned to the standard calendar year, and it will announce official earnings results on April 23. Those numbers are slightly up from […]

At a time when more transactions than ever are happening online, payments behemoth Stripe is announcing three new features to continue expanding its reach. The company today announced that it will now offer card issuing services directly to businesses to let them in turn make credit cards for customers tailored to specific purposes. Alongside that, it’s going […]

Traditionally dominated by big players like Adobe and Autodesk, the world of design has been flush with a newer wave of startups that are creating collaboration spaces and new cloud-based tools designed to address the needs of creatives. Today, two of those players are combining. Dribbble, an online community for designers that lets them post […]

M&A activity has generally slowed down in the weeks since the novel coronavirus took a grip on the world, but there have been some pockets of activity in the tech industry when the price is right or when the divestment/acquisition just makes sense. The world of messaging brings us the latest development in that theme: SAP, […]

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 […]

Ali Amin-Javaheri grew up in the chemicals business. His father had worked for Iran’s state-owned chemical company and when the family fled the country in the nineteen eighties during the Iran-Iraq war, they first settled in Houston where employers welcomed the senior Amin-Jahaveri’s experience. Houston in the 80s was dominated by the petrochemicals industry and […]

Profit forecasts ditched as coronavirus disrupts operations

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

Target, which already owns on-demand delivery service Shipt, is in the process of acquiring technology assets from same-day delivery service Deliv. The retailer is characterizing the deal as more of an R&D type of acquisition and not one that will have an immediate consumer-facing impact. Deal terms were not disclosed, but we understand the deal […]

What the experts are forecasting for next year

Happy Saturday and welcome back to an Equity Shot, a short-form episode of Equity where we drill into one particular topic. There was so much news this week in our main areas of focus — startup funding rounds, new venture funds, that sort of thing — that we had to exclude earnings from the main […]

Apple and Google are providing additional resources for developers working with the first version of their Exposure Notification API, the development tools the companies have created and are working on in order to provide a cross-platform way for public health agencies to notify individuals of a potential exposure to a person with a confirmed case […]

Twitter has said that tweets posted early Tuesday morning by Tesla and SpaceX CEO Elon Musk that irresponsibly call for restrictions put in place to defend against the spread of COVID-19 don’t violate its guidelines around inaccurate or disputed information about the coronavirus that could cause harm. Musk tweeted a series of things on Tuesday, […]

By the summer of 2016, Marie Outtier had spent eight years as a consultant advising media agencies and martech companies on marketing growth strategy. Pierre-Jean “PJ” Camillieri started as a music software engineer before joining one of Apple’s consumer electronics divisions. Inspired by Siri, he left to start Timista, a smart lifestyle assistant. When the […]

We may have passed peak uncertainty and there is definitely a reason to start buying again — carefully

LinkedIn has cornered the market when it comes to putting your own professional profile online and using it to network for jobs, industry connections and professional development. But when it comes to looking at a chart of the people, and specifically the leadership teams, who make up organizations more holistically, the Microsoft-owned network comes up […]

Like many other websites at the moment, the career-oriented networking platform LinkedIn has seen a big boost in traffic as a result of people being asked to work from home and stay indoors overall to slow the spread of the coronavirus, with a bump of 55% more conversational activity between existing connections in recent weeks. […]

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 […]

Ali Amin-Javaheri grew up in the chemicals business. His father had worked for Iran’s state-owned chemical company and when the family fled the country in the nineteen eighties during the Iran-Iraq war, they first settled in Houston where employers welcomed the senior Amin-Jahaveri’s experience. Houston in the 80s was dominated by the petrochemicals industry and […]

Apple and Google are providing additional resources for developers working with the first version of their Exposure Notification API, the development tools the companies have created and are working on in order to provide a cross-platform way for public health agencies to notify individuals of a potential exposure to a person with a confirmed case […]

M&A activity has generally slowed down in the weeks since the novel coronavirus took a grip on the world, but there have been some pockets of activity in the tech industry when the price is right or when the divestment/acquisition just makes sense. The world of messaging brings us the latest development in that theme: SAP, […]

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 […]

There’s something to be said for consistency through good times and bad, and one company that has had a staggeringly consistent track record is international data center vendor, Equinix. It just recorded its 69th straight positive quarter, according to the company. That’s an astonishing record, and covers over 17 years of positive returns. That means […]

When the shutdown began six weeks ago, the powers that be at Box sat down for a meeting to discuss the situation. They weren’t in the same room of course. They were like everyone else, separated by the virus, but they saw this as a key moment for Box as a company. They had been […]

Harbr co-founder Anthony Cosgrove has been working with data for over 15 years, so he has an inkling of some of the problems associated with pulling data together in a way that makes it easy for others to consume, whether internally or externally. Like many entrepreneurs before him, he decided to start a company to […]

Zoom announced this morning that it has acquired Keybase, a startup with encryption expertise. It did not reveal the purchase price. Keybase, which has been building encryption products for several years including secure file sharing and collaboration tools, should give Zoom some security credibility as it goes through pandemic demand growing pains. The company has […]

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 […]

When Zoom started having security issues in March, they turned to former Facebook and Yahoo! Security executive Alex Stamos, who signed on as a consultant to work directly with CEO Eric Yuan. The goal was to build a more cohesive security strategy for the fast-growing company. One of the recommendations that came out of those […]

After years of working in mobile advertising, founder Niles Lichtenstein discovered a box of records from his late father. That compelled him to start putting together memories and online histories earlier, by documenting his mother’s life history and how he first met his wife. That developed into an interactive timeline where he collected songs from […]

Honor, an Andreessen Horowitz-backed company focused on caring for seniors as Baby Boomers tip over into retirement, is making its contractor workforce into a full-time one. The care workers, called CarePros within the company, will have the potential for stock options. “I really don’t want two classes of people in our company. Everyone is in it […]

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 […]

Target, which already owns on-demand delivery service Shipt, is in the process of acquiring technology assets from same-day delivery service Deliv. The retailer is characterizing the deal as more of an R&D type of acquisition and not one that will have an immediate consumer-facing impact. Deal terms were not disclosed, but we understand the deal […]

Imagine a model of collaborative research and development among hospitals, pharmaceutical companies, universities and other research institutions where no one shared any actual data. That’s the dream of the new New York-based startup Owkin, which has raised $25 million in fresh financing from investors, including Bpifrance Large Venture, Cathay Innovation and MACSF (the French Pension […]

Saar Gur is adept at identifying the next big consumer trends earlier than most: The San Francisco-based general partner at CRV has led investments into leading consumer internet companies like Niantic, DoorDash, Bird, Dropbox, Patreon, Kapwing and ClassPass. His own experience stuck at home during the COVID-19 pandemic spurred his interest in three new investment […]

By the summer of 2016, Marie Outtier had spent eight years as a consultant advising media agencies and martech companies on marketing growth strategy. Pierre-Jean “PJ” Camillieri started as a music software engineer before joining one of Apple’s consumer electronics divisions. Inspired by Siri, he left to start Timista, a smart lifestyle assistant. When the […]