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Coronavirus: US business leaders call for co-ordinated approach — as it happened

The number of US deaths attributed to Covid-19 surpassed 45,000 on Friday, while the rate of new cases remained flat

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Coronavirus: Small business loan scheme capped for US banks — as it happened

In today’s news: UK warns it would be ‘irresponsible’ to discuss easing lockdown. Spain sets out plan to lift its own tough measures. Donald Trump signals a halt to his daily media briefings as US death toll accelerates.

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Ineos acquires French football club Nice

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




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Bayer faces more claims over weedkiller cancer allegations

Rise in plaintiffs comes as German chemicals group reports 19% jump in sales




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Banks’ call for Iofina coup slated as ‘self-serving’

Iodine producer rejects Brexiter’s coronavirus play as ‘probably not very educated’




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Countingup scores £4M bridge round for its small business banking and accounting app

Countingup, the business current account that “automates” your accounting, has raised £4 million in self-described bridge funding. Leading the round is ING Ventures, with co-investment from Triple Point, CVentures, and BiG Start Ventures. Founded by Tim Fouracre, who previously founded cloud accounting software Clear Books, and now boasting 20,000 business customers, Countingup’s long term vision […]




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Big data shows Covid-19 reshaping ESG; UN PRI’s long-term crisis plan; sustainable funds stand tall

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




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Investors should ask who will buy all the new US government debt

The last time America sold war bonds they were essentially a tax on savers




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Covid-19 casts pall over Earth Day; Green bonds stand strong; Shake Shack does the ‘other’ right thing

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




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A Covid-19 supply chain surprise? Exxon and Barclays face proxy battles; challenging data on ESG fund growth




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US stock market rally confuses liquidity with solvency

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




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Facebook now allows users in the US & Canada to export photos and videos to Google Photos

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]




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Europe is still in thrall to the analogue mindset

The EU is culpably complacent about the challenges of the digital age




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Decrypted: Zoom’s security fallout, CrowdStrike’s new CTO, Bugcrowd raises $30M

Another week in quarantine. As the world adjusts to working from home under mandatory stay-at-home orders, hackers are keeping busy. Microsoft said this week that coronavirus-related attacks are on the rise but still make up just a fraction of the overall malicious activity. Cybersecurity companies seem to be faring mostly well — in part thanks […]




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Randall Stephenson to step down as AT&T chief, succeeded by COO John Stankey

A big changing of the guard is underway at one of the world’s biggest and iconic names in telecoms and media: AT&T today announced that Randall Stephenson will be stepping down as the chairman and CEO of the telco, and he will be replaced by John Stankey, currently the COO. The change is effective on […]




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As Wunderlist shuts down, its founder announces a new productivity app called Superlist

Wunderlist is going away, but fans of the productivity app may find some consolation in founder Christian Reber’s announcement that he is launching a new startup called Superlist. “Superlist will be more than just a todo app, but never as bloated as the project management software you loathe to use,” he tweeted. “Slick, fast, and […]




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Wall St ekes out gain after day of US-China trade worry

Renewed friction between Washington and Beijing adds to coronavirus concerns




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Wall Street ‘flying blind’ after companies scrap guidance

Profit forecasts ditched as coronavirus disrupts operations




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Wall Street closes higher after oil rally takes Brent over $30

Investors anticipate boost in energy demand as economies start to reopen




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US stocks fall as investors weigh push towards reopening

Brent crude slips back below $30 a barrel after a six-day run of gains




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Tech stock rally turns Nasdaq positive for the year

Equities rise but some Treasury yields hit record lows as investors weigh economic outlook




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Wall Street closes higher despite dire US jobs data

Gulf between darkening Main Street and rebounding markets continues to widen




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Risk sentiment whistles past an appalling jobs report

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




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Facebook now allows users in the US & Canada to export photos and videos to Google Photos

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]




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A rebranded and updated version of CBS All Access will launch this summer

A rebranded and expanded version of the CBS All Access streaming service will arrive this summer, ViacomCBS announced this morning. The service, now run by ViacomCBS following the merger, today offers a mix of live TV, on-demand video, original programming, streaming news, local broadcast stations and sports. Now the company is accelerating its plan to […]




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Trader: More euro falls likely

The eurozone’s problems run far deeper than anything that can be solved by a splurge of foreign cash




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Expect Nasdaq’s erratic rally to end in tears

The Nasdaq 100 is at its highest relative level since the technology bubble




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Your iPhone will soon be able to tell 911 about your medical conditions and allergies

Got something in your medical history that first responders should know about if you call 911? Things like known drug allergies, or the medications you’re on? The iPhone and Apple Watch will soon be able to share this information with first responders automatically (if you opt to let it do so). When a user with […]




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The Gatekeeper, by Kate Fall

A pacy, personal but unrevealing account of David Cameron’s government




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Andy Street: can the Tory ‘red wall’ mayor help transform the UK?

The John Lewis veteran came late to politics — and wants to bring power back to the regions




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How this crisis will take us all back to the 1970s

Robert Shrimsley on why he’s braced for a return to the most dismal of decades




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Apple said to be planning fall iPhone refresh with iPad Pro-like design

Apple is readying a new iPhone for fall to replace the iPhone 11 Pro this fall, Bloomberg reports, as well as follow-ups to the iPhone 11, a new smaller HomePod and a locator tag accessory. The top-end iPhone 11 Pro successors at least will have a new industrial design that more closely resembles the iPad […]




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With the coronavirus, usually distinct conspiracy groups turn to a shared interest

The coronavirus pandemic’s global presence and ubiquity in everyday life is a perfect storm for misinformation, as conspiracy theorists from different corners of the web converge on a shared news topic—the only topic, at the moment. From the earliest days of the crisis, everyone from pro-Trump QAnon conspiracists to left-leaning purveyors of dubious home remedies […]




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Twitter will remove dubious 5G tweets ‘that could potentially cause harm’

Ever since it first started rolling out, 5G skeptics have attempted to link the next-gen cellular technology to all manner of health issues. Most recently, it’s become an easy scapegoat for the global COVID-19 pandemic, given the rapid rise of both. Conspiracy theories have gained such a foothold that vigilantes have taken matters into their […]




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Tesla shares fall on Elon Musk ‘stock price too high’ tweet

Tesla CEO Elon Musk tweeted Friday that the company’s stock price was “too high” in his opinion, immediately sending shares into a free fall and in possible violation of an agreement reached with the U.S. Securities and Exchange Commission last year. Tesla shares fell nearly 12% in the half hour following his stock price tweets […]




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UK Budget sides with small businesses, with a caveat

The chancellor need beware that policies introduced in a crisis are hard to end later




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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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Maintaining the lockdown and saving the economy are mutually compatible

It is not a matter of protecting people ‘or’ the economy but of protecting people ‘and’ the economy




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Silicon Valley could be Biden’s funding lifeline post South Carolina

Presidential candidate Joe Biden is likely to throw a fundraising lifeline to Silicon Valley after his commanding South Carolina victory and heading into the next wave of primaries. A pro-Biden Super PAC, Unite the Country — whose past backers include senior tech figures — is picking up efforts to tap wealthy donors, Treasurer Larry Rasky […]




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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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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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Your iPhone will soon be able to tell 911 about your medical conditions and allergies

Got something in your medical history that first responders should know about if you call 911? Things like known drug allergies, or the medications you’re on? The iPhone and Apple Watch will soon be able to share this information with first responders automatically (if you opt to let it do so). When a user with […]




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

Government clarifies report that 400,000 garments were unusable




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Robots To Eat All The Jobs? Hackers, Policy Wonks Collaborate On A Basic Income Createathon This Weekend

In the face of rising U.S. income inequality and concerns about job loss to automation, some of Silicon Valley’s best-known names including Y Combinator’s Sam Altman have spoken up in favor of a universal basic income that would give people a baseline standard of living in an economy that may not be able to produce […]




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Regalii, A Startup In NYC’s Washington Heights, Uncovers Where Immigrants’ Remittances Really Go

It’s not a converted industrial warehouse in Brooklyn. Or a stately, century-old building in the Flatiron. But YC-backed Regalii’s atypical office location up in the Dominican-heavy Washington Heights neighborhood of Manhattan has given it plenty of insights into its working-class immigrant customer base. The startup, co-founded by several Latino founders who personally knew the hassles of sending money home, […]




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Townsquared Raises $5.3M To Expand A Nextdoor-Like Experience For Local Retail, Small Businesses

Even though Rohit Prakash was a dual MD and PhD researching optogenetics at Stanford University, his entrepreneurial itch kept returning him to his family’s small business roots. He and his co-founder Nipul Patel began researching the travails of small business owners, interviewing countless entrepreneurs, trying to figure out what their risks were or what caused […]




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Bucket, A Travel Planner That Automatically Creates Recommendation Lists, Expands Nationwide

Early Facebook employee and longtime travel aficionado Julia Lam began studying consumer travel habits over a year ago to see how people planned their vacations and business trips. What she found was that people were often using a mess of Chrome tabs and text files. So she started Bucket with former Facebook engineer John Sichi […]




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Your startup can still be seen and heard: Exhibit in Digital Startup Alley

We’re not letting this pandemic disrupt Disrupt SF 2020. Like any determined early-stage startup founder, we’re adapting and moving forward. Can’t join us in person on September 14-16? No problem. Take advantage of Digital Startup Alley, a completely new way to disrupt. Place your startup in front of influential movers and shakers and keep your […]



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Pressure on aviation, Argentina’s debt, Silicon Valley ads

Industry takes another hit as GE cuts jobs, Mnuchin casts doubt on restart for US air travel