Daily Archives: April 17, 2020

20 posts

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Daily Crunch: Stripe now valued at $36B

Stripe raises new funding, Uber acknowledges financial uncertainty and a controversial facial recognition startup accidentally exposes its source code. Here’s your Daily Crunch for April 17, 2020. 1. Stripe raises $600M at $36B valuation in Series G extension, says it has $2B on its balance sheet The economy may be […]

NASA and SpaceX set historic first astronaut launch for May 27

NASA and SpaceX have set a specific date and time target for their historic first astronaut launch aboard a private spacecraft from U.S. soil, with a planned date of May 27 and a target liftoff time of 4:32 PM EDT (1:32 PM PDT) from Kennedy Space Center, at SpaceX’s Launch […]

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Airbnb reportedly lays off contractors and cancels summer internships

Airbnb has ended its contracts with contingent workers early and postponed summer internships, Protocol reports. Contractors at Airbnb serve as property inspectors, home consultants and more. Contractors will reportedly receive no less than two weeks’ pay after receiving notice from their temp agencies. Airbnb will also reportedly delay hiring undergraduate […]

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The Europas Awards goes virtual: Votes, workshops, pitches, networking, live awards & DJs

The Europas Awards for European Tech Startups is doing what everyone in tech has done before: pivoting! Given the COVID-19 pandemic, we will be ‘going virtual’ on an amazing new platform, to be unveiled. (OK, but not VR – just yet!). A percentage of proceeds from the event will be […]

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Saving, not spending, is the new hotness in fintech

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday news broke that Robinhood is on the hunt for new capital at a roughly flat valuation, per friend of the blog Katie Roof. If you are a bit confused […]

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University of Oxford coronavirus vaccine trial aims to have 500 people in testing by mid-May

One of the largest COVID-19 vaccine trials currently underway will have over 500 volunteers actively testing its solution by the middle of next month. Researchers at the University of Oxford have already secured that number of participants, including a representative sample of people between the ages of 18 to 55, […]