Pound dips following UK chancellor’s hard Brexit remarks

Lansdowne, Odey and Wadhwani among those betting on a revival of UK equities

Ireland’s richest man O’Brien faces struggle to refinance former cash cow’s debt pile

Case linked to 2012 nationalisation of oil company proves tricky for litigation funder

Brazilian jet maker to seek damages from US group, which counters it is within its rights to terminate deal

Withdrawal fees soar to £104m and banks save £120m in ATM shake-up

Swiss company announces ‘challenging’ results a day after its chief executive quit

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

Welcome to Due Diligence, the FT’s daily deals briefing

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

Deal to create one of world’s biggest chemicals groups beset by management clashes

Move boosts chemicals group’s growing sports investment portfolio

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

Amid charges of greenwashing from activists, the private company is investing in football, cycling and other ventures

VC fund Runa Capital was launched with $135 million in 2010, and is perhaps best known for its investment into NGINX, which powers many web sites today. In more recent years it has participated or led investments into startups such as Zipdrug ($10.8 million); Rollbar this year ($11 million); and Monedo (for €20 million). HQ’d […]

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]

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

It will be hard to help worthy US companies without also aiding private equity

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

Investment strategies have failed to prepare the country for the technology shock

Saudis alleged to have hacked Jeff Bezos’s phone

It’s fair to say that even before the impact of COVID-19, companies had begun a steady march to the cloud. Maybe it wasn’t fast enough for AWS, as Andy Jassy made clear in his 2019 Re:invent keynote, but it was happening all the same and the steady revenue increases across the cloud infrastructure market bore […]

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 […]

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

Investors anticipate boost in energy demand as economies start to reopen

Gulf between darkening Main Street and rebounding markets continues to widen

Music streaming service Soundcloud is capitalizing on consumer demand for live entertainment amid the COVID-19 quarantine with the launch of its own slate of originally produced live programming. The company today announced its plans for a new Twitch channel where it will air live chat series and other panel conversations, plus music sets and shows […]

Pinterest is introducing new features that make it easier for those planning recipes, virtual events and other quarantine activities. These include the ability to add a date or notes to a board as well as automated ways to better organize your pins on a given board, with the aid of machine learning technology. The company […]

Copper is well poised to make new all-time highs

HMRC has sent an email saying that my tax code has changed

I am pursuing a claim for the exposure to asbestos while working

Now that I’ve retired, I want to buy my first collector’s car

Apple’s earnings show the impact of COVID-19, NVIDIA’s top scientist shares an open source ventilator design and Amazon anticipates big spending in the coming months. Here’s your Daily Crunch for May 1, 2020. 1. iPhone sales are down, ahead of uncertain times for the industry Apple device sales have taken a hit, but the company’s […]

No family song on Facebook, no dance routine, no home-grown tomatoes… is it time to raise our game?

Over the past two years, I’ve typed nearly every word I’ve written while traveling on the iPad Pro’s Smart Keyboard Folio. For more on why, you can see my iPad Pro review here. For the purposes of this look at the new Magic Keyboard, though, you should probably just know two things about the old […]

Oxwash, a UK-based laundry startup that’s aiming to disrupt traditional but environmentally costly washing and dry-cleaning processes by using ozone to sterilize fabrics at lower temperatures, along with electric cargo bikes for hyper local pick ups and deliveries, has bagged a £1.4 million (~$1.7M) seed. Backers in the funding round include TrueSight Ventures, Biz Stone […]

Achieving zero emissions by 2050 would require unprecedented global co-operation

After blundering, the government must admit that the lockdown will not be over in three weeks

Just months after graduating from Y Combinator, H1 Insights, the LinkedIn for the healthcare industry, has raised $12.9 million in a new round of funding. “It’s a better way to connect the ecosystem,” says co-founder Ariel Katz. The company already has more than 8 million profiles for healthcare professionals in its database and is generating […]

India has emerged as one of the fastest growing smartphone markets in the last decade, reporting growth each quarter even as handset shipments slowed or declined elsewhere globally. But the world’s second largest smartphone is beginning to feel the coronavirus heat, too. The Indian smartphone market grew by a modest 4% year-over-year in the quarter […]

It’s fair to say that even before the impact of COVID-19, companies had begun a steady march to the cloud. Maybe it wasn’t fast enough for AWS, as Andy Jassy made clear in his 2019 Re:invent keynote, but it was happening all the same and the steady revenue increases across the cloud infrastructure market bore […]

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 […]

AWS today announced the launch of the Elemental Link, a small hardware device that makes it easy to connect a live video source to the AWS Elemental Media Live service for broadcast-grade live video processing in the cloud. The $995 Link, which weighs in at less than a pound, is meant to allow Media Live […]

A group of nine Senators led by Massachusetts Democrat Elizabeth Warren penned an open letter to Amazon CEO Jeff Bezos this week, seeking more information about recent employee firings. The statement cites the terminations of four employees who were vocally critical of the company’s policies pertaining to both COVID-19 and climate change. Cosigned by Bernie […]

Apple’s earnings show the impact of COVID-19, NVIDIA’s top scientist shares an open source ventilator design and Amazon anticipates big spending in the coming months. Here’s your Daily Crunch for May 1, 2020. 1. iPhone sales are down, ahead of uncertain times for the industry Apple device sales have taken a hit, but the company’s […]

It’s fair to say that even before the impact of COVID-19, companies had begun a steady march to the cloud. Maybe it wasn’t fast enough for AWS, as Andy Jassy made clear in his 2019 Re:invent keynote, but it was happening all the same and the steady revenue increases across the cloud infrastructure market bore […]

Pillar of country’s economy resumes operations despite concerns over workers’ health

Orca Security, an Israeli cloud security firm that focuses on giving enterprises better visibility into their multi-cloud deployments on AWS, Azure and GCP, today announced that it has raised a $20 million Series A round led by GGV Capital. YL Ventures and Silicon Valley CISO Investments also participated in this round. Together with its seed […]