Daily Archives: April 2, 2020

15 posts

Apple, Laurene Powell Jobs and Leonardo DiCaprio launch a GoFundMe with $12M for the hungry

Apple has made a donation to a new fundraising campaign, America’s Food Fund, along with Laurene Powell Jobs, Leonardo DiCaprio, and the Ford Foundation. Together, they’ve contributed $12 million towards the $15 million goal for the new initiative being hosting on fundraising platform GoFundMe. The proceeds will go to benefit […]

Visa’s Africa strategy banks on startup partnerships

Visa has prioritized growth in Africa, and partnering with startups is central to its strategy. This became obvious in 2019 after the global financial services giant entered a series of collaborations on the continent, but Visa confirmed it in their 2020 Investor Day presentation. On the company’s annual call, participants […]

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Estimote launches wearables for workplace-level contact tracing for COVID-19

Bluetooth location beacon startup Estimote has adapted its technological expertise to develop a new product designed specifically at curbing the spread of COVID-19. The company created a new range of wearable devices that co-founder Steve Cheney believes can enhance workplace safety for those who have to be colocated at a […]

IRL pivots into virtual event calendar In Remote Life

What do you do if you’re an event discovery startup and suddenly it’s illegal to attend events? You lean into the cultural shift and pivot. Today, $11 million-funded calendar app IRL is morphing from In Real Life to In Remote Life. It will now focus on helping people find, RSVP […]

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Modsy confirms layoffs, 10 months after announcing its $37M Series C

Modsy, an e-commerce company that creates 3D renderings of customized rooms, has confirmed to TechCrunch that it laid off a number of staff. In addition, several of its executives, including CEO Shanna Tellerman, will take a 25% pay cut. TechCrunch first heard about the layoffs from a source. The company’s […]

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Lending startups are angling for new business from the COVID-19 bailout

As the largest federal stimulus package in the history of the United States, the Coronavirus Aid, Relief and Economic Security Act, injects a planned $2.2 trillion into the U.S. economy, fintech startups are angling to get a seat at the table when it comes to distributing the cash. “In the […]

NASA and SpaceX add some retro flair to the Falcon 9 rocket flying the first crewed Dragon launch

NASA and SpaceX are moving ahead full-steam with the Demo-2 launch of SpaceX’s Crew Dragon spacecraft — the first launch from American soil to carry astronauts to space aboard a private launch vehicle. The Falcon 9 rocket that will propel the Crew Dragon to space will include a NASA logo […]

Daily Crunch: Amazon announces new warehouse safety steps

Amazon says it will start taking additional steps to ensure the safety of its warehouse workers, SoftBank backs out of its latest WeWork investment and Zoom tries to fix its security issues. Here’s your Daily Crunch for April 2, 2020. 1. Amazon begins running temperature checks and will provide surgical […]

Google Cloud launches a managed Memcached service

Google today announced the beta of Memorystore for Memcached, a new service that provides a fully managed in-memory datastore that is compatible with the open-source Memcached protocol. It will join Redis in the Memorystore family, which first launched in 2018. As Gopal Ashok, Google’s product manager for Memorystore, notes in […]

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ARCH Venture Partners raises $1.46 billion across two funds for biotech investing

Against a backdrop where the life-or-death consequences of biotechnology innovation are becoming increasingly apparent as the world races to develop vaccines and therapies to treat COVID-19, life sciences investor ARCH Venture Partners has raised $1.46 billion in funding to finance new tech development. The two funds, ARCH Venture Fund X […]