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AWS launches the $995 Elemental Link for streaming video to its cloud

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 […]




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A worker at Amazon’s New York City fulfillment center is dead from COVID-19

Earlier this week, Amazon informed staff members at its Staten Island fulfillment center that a worker had died from COVID-19. The news was first noted by The Verge. The employee began to exhibit symptoms in early April, before being placed on quarantine April 11. He never returned to the site. “We are deeply saddened by […]




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YouTube brings more ad formats and measurement to TVs

YouTube is giving advertisers a few more tools to reach consumers and measure ad effectiveness on TVs. These tools already exist for YouTube on other platforms, but now the Google -owned video service is bringing them to connected televisions. In a blog post, it says this is in response to how YouTube viewership has grown […]




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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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Sleuth raises $3M Seed to bring order to continuous deployment

Sleuth, an early stage startup from three former Atlassian employees, wants to bring some much-needed order to the continuous delivery process. Today, the company announced it has raised a $3 million seed round. ​CRV led the round with participation from angel investors from New Relic, Atlassian and LaunchDarkly. “Sleuth is a deployment tracker built to […]




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As private investment cools, enterprise startups may try tapping corporate dollars

Founders hunting down capital in the middle of this pandemic may feel like they’re on a fool’s errand, but some investors are still offering financing, even if the terms might not be as good as they once were. One avenue that appears to remain open: corporate venture capital. The corporate route offers its own set […]




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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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A global experiment in Roam co-living

Kim-Mai Cutler Contributor Kim-Mai Cutler is an operating partner for Initialized Capital, an early-stage venture firm and was previously a journalist covering technology, finance and policy issues at TechCrunch -- best-known for her long-form work on the Bay Area. More posts by this contributor The outlook for Bay Area startup space in 2017 OpenVote launches […]




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As private investment cools, enterprise startups may try tapping corporate dollars

Founders hunting down capital in the middle of this pandemic may feel like they’re on a fool’s errand, but some investors are still offering financing, even if the terms might not be as good as they once were. One avenue that appears to remain open: corporate venture capital. The corporate route offers its own set […]




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Judgment day for VW as pensioner’s Dieselgate fight goes to top court

German group’s battle to minimise financial damage from scandal hinges on test case




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Uber leads $170m investment in Lime

Deal will see e-scooter rental service take over Uber’s e-bike division Jump




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Smartphone shipments dropped 13% globally, and COVID-19 is to blame

We knew it was going to be bad — but not necessarily “lowest level since 2013” bad. As Apple was busy reporting its earnings, Canalys just dropped some of its own figures — and they’re not pretty. After two quarters of much-needed growing, the global smartphone market just took a big hit. And you no […]




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Social network for women, Peanut, raises $12M Series A amid pandemic

Peanut, an app that began as a tool for finding new mom friends, has evolved into a social network now used by 1.6 million women to discuss a range of topics, from pregnancy and parenthood to marriage and menopause, and everything in between. On the heels of significant growth in online networking fueled by the […]




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Potential new treatment for COVID-19 uncovered by BenevolentAI enters trials

BenevolentAI, a startup which has raised $292 million to apply AI to create drugs faster, today says it has uncovered an already approved drug as a potential treatment for COVID-19, after it applied its AI platform and team to the problem. The revelation, which has now appeared in peer-reviewed scientific journals and has entered clinical […]




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Relive the heady days of crypto with the ‘Crypto Rush’ documentary

When Liliana Pertenava decided to go all-in on crypto by investing $2,000 in a mining rig in 2017, she went so far down the crypto rabbit-hole she decided to make a documentary about it. If you’re locked-down and looking for something to watch, you could do worse than sit down and watch “Crypto Rush,” which […]




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Templafy raises $25M Series C led by Insight partners to deal with enterprise documents

Back in 2018 Templafy — which had come up with a way for enterprises to more easily make templates out of standard documents (yes, it’s a thing) — raised an additional $15 million from existing investors as an extension of its earlier Series B round taking it to $40.2 million raised. The company integrates with enterprise infrastructure to […]




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Have investment funds averted a liquidity crisis?

The $55tn industry has emerged scared and shrunken but largely intact




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KKR posts $4.2bn net loss as investment portfolio hit

Sale of German broadband provider rescues buyout firm’s performance




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Frontier Developments chairman sells down

Share price surges after news breaks of deal with Games Workshop




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Asian governments boost dollar borrowing to fight coronavirus

Countries in region issue debt at close to fastest rate in a decade due to pandemic




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GM to boost electric car investment after battery breakthrough

US carmaker raises spending on EV and autonomous vehicles to $20bn by 2025




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EV fleet management gets another venture-backed contender as Electriphi raises $3.5 million

Electriphi, a provider of charging management and fleet monitoring software for electric vehicles, has joined the scrum of startups looking to provide services to the growing number of electric vehicle fleets in the U.S. The San Francisco-based company has just raised $3.5 million in seed funding from investors, including Wireframe Ventures, the Urban Innovation Fund […]




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Vericool raises $19.1 million for its plant-based packaging replacement for plastic coolers

Vericool, a Livermore, Calif.-based startup that’s replacing plastic coolers and packaging with plant-based products, has raised $19.1 million in a new round of financing. The company’s stated goal is to replace traditional packaging materials like polystyrene with plant-based insulating packaging materials. Its technology uses 100% recycled paper fibers and other plant-based materials, according to the […]




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Microsoft’s new ‘Planetary Computer’ project will use global environmental data to support sustainability

Microsoft is embarking on a new sustainability initiative as part of its overall approach to support environmental protection measures, with a project it calls the “Planetary Computer.” This will actually be a computing endeavor that uses aggregated global environmental data collected from a number of sources as its input, and that will seek to employ […]




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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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WTO issues new report on treatment of medical products in regional trade agreements

The WTO Secretariat has published a new report on the treatment of medical products in regional trade agreements (RTAs) amid current supply shortages caused by the COVID-19 pandemic. The report examines the extent medical products are traded among preferential partners and the difference in liberalization rates within and outside these trade agreements.




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Fundbox raises $176 million Series C to build ‘Visa’ for B2B payments

Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments, networks like Visa allow buyers and sellers to exchange money for goods and services without knowing the financial risk profile of the counter-party. Rather than applying for credit at every merchant you shop at, you […]




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Payments infra startup Finix closes $35M Series B led by Sequoia

This morning Finix, a software-as-a-service (SaaS) startup selling payments tech to other businesses, announced that it has raised a $35 million Series B. Sequoia led the round, which also saw participation from new investors Activant Capital and Inspired Capital. Finix did not disclose a new valuation as part of its round, and declined to share […]




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Twitter CEO’s weak argument why investors shouldn’t fire him

Twitter CEO Jack Dorsey might not spend six months a year in Africa, claims the real product development is under the hood and gives an excuse for deleting Vine before it could become TikTok. Today he tweeted, via Twitter’s investor relations account, a multi-pronged defense of his leadership and the company’s progress. The proclamations come […]




men

YouTube brings more ad formats and measurement to TVs

YouTube is giving advertisers a few more tools to reach consumers and measure ad effectiveness on TVs. These tools already exist for YouTube on other platforms, but now the Google -owned video service is bringing them to connected televisions. In a blog post, it says this is in response to how YouTube viewership has grown […]




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Australian National Committee for UN Women welcomes partnership with PwC Australia - 17 Feb

PwC Australia is delighted to announce a partnership with The Australian National Committee for UN Women in a joint effort to promote gender equality.




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Call for renewed government focus on achieving fiscal balance and sustainably cutting the costs of doing business - 17 Feb

Governments must apply renewed focus to achieve fiscal balance and sustainably reduce the cost of delivery.




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PwC to host second forum on women and leadership - 23 Feb

On Friday 28 February at 4.30am Sydney time, PwC will host its second global forum to students around the world.




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Widening Gender Pay Gap sees Australia fall Furthest in Global Rankings: PwC Women in Work Index - 3 Mar

Australia dropped six places to 15th position - the largest drop out of the 27 OECD countries measured.




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PwC mentors young leaders from China and Australia on Infrastructure - 28 May

Young leaders from Australia and China are working together to provide creative solutions to issues facing both countries as part of the China Australia Millennial Project (CAMP).




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By 2017 Most Aussie Deals Covered by Free Trade Agreements - 15 Jun

The Abbott Government's tough negotiations in an effort to seal an Indian Free Trade Agreement (FTA) next year should see 70 per cent of Australia's two-way trade covered by a free trade agreement.




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Australian entertainment and media industry must 'have a go' to grow - 15 Jun

Australian entertainment and media market is forecast to grow to $43.4 billion by 2019, a compound annual growth rate of 4.2 percent.




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Local economy, Local Investment Solutions with Geospacial Economic Modelling - 25 Jun

Unique granular modelling of over 2,000 locations across Australia uncover how fragmented and concentrated our economy is.




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Violence against women costing Australia $21.7 billion a year - 23 Nov

Violence against women and their children is costing Australia $21.7 billion each year, with Governments carrying more than a third of the cost burden; as shown in the report A high price to pay: the economic case for preventing violence against women.




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Australia's Slide on Female Economic Empowerment Continues - 07 Mar

Australia has fallen back to pre-2007 performance on female economic empowerment with one of the biggest annual declines among OECD countries according to PwC's annual Women in Work index.




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Major banks results: cash earnings down but fundamentally still strong - 5 May

Australias four major banks delivered combined cash earnings of $14.9 billion for the first half to March 2016.




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Who's the fairest of them all? Australian entertainment & media industry needs diversity to grow - 8 June

A lack of diversity in Australia's media and entertainment workforce in terms of ethnicity, gender, age and thinking is dragging on the industry's growth, according to a PwC report released today.




men

AWS launches the $995 Elemental Link for streaming video to its cloud

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 […]




men

Social network for women, Peanut, raises $12M Series A amid pandemic

Peanut, an app that began as a tool for finding new mom friends, has evolved into a social network now used by 1.6 million women to discuss a range of topics, from pregnancy and parenthood to marriage and menopause, and everything in between. On the heels of significant growth in online networking fueled by the […]




men

The latest version of Yahoo Mail helps users find attachments and deals

Yahoo Mail is getting a mobile update, with new versions of the iOS and Android app launching today. Many of you probably haven’t tried out Yahoo Mail in years, but Senior Director of Product Management Josh Jacobson noted that it’s one of the top productivity apps in the Apple App Store, where it has been […]




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Banked picks up £2.35M seed to use open banking for account-to-account payments

Banked, a London-based fintech using open banking to enable account-to-account payments at checkout (and beyond), has raised £2.35 million in further seed funding. The round was led by Force Over Mass, with participation from previous investors Backed and Acrew Capital, along with a number of high-net-worth individuals, such as Paul Forster (co-founder of Indeed.com). It […]




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Uber leads $170M Lime investment, offloads Jump to Lime

Lime has announced that it has raised a $170 million funding round. Uber is the leading investor with existing investors Alphabet, Bain Capital Ventures, GV and others also participating. The Information first reported on the new funding round before the official announcement. As part of the deal, Lime is also acquiring Uber’s micromobility subsidiary Jump. […]




men

As private investment cools, enterprise startups may try tapping corporate dollars

Founders hunting down capital in the middle of this pandemic may feel like they’re on a fool’s errand, but some investors are still offering financing, even if the terms might not be as good as they once were. One avenue that appears to remain open: corporate venture capital. The corporate route offers its own set […]




men

Unemployment Surged to 14.7 Percent in April

The U.S. lost a record 20.5 million jobs over the past month.



  • News and Trends

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How One Entrepreneur's Bamboo Bikes Are Changing Lives (and the Environment) in Ghana

Jessica Abo sits down with the CEO and founder of Ghana Bamboo Bikes Initiative.