The coronavirus demand crunch has taken another bite: Palo Alto-based corporate travel-focused unicorn, TripActions, reportedly laid off hundreds of staff yesterday. Per this post on Blind — written by someone with a verified TripActions email address — the company fired 350 people. Business Insider reported the same figure yesterday. While the Wall Street Journal said
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As part of its response to the public health emergency triggered by the COVID-19 pandemic, the European Commission has been leaning on Europe’s telcos to share aggregate location data on their users. “The Commission kick-started a discussion with mobile phone operators about the provision of aggregated and anonymised mobile phone location data,” it said today.
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Barbara Sprenger Contributor Barbara Sprenger does double duty as CEO of The Satellite Centers, a network of flexible workspaces, and Satellite DeskWorks, cloud-based software to manage co-work spaces, executive suites and corporate flexible space. All co-working isn’t WeWork . And not all entrepreneurs are 30-year-old guys. I know this well, having built my first startup
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Twaice, the Munich-based startup that has built analytics software to help with battery management in electric vehicles and other devices, has raised €11 million in Series A funding. Leading the round is European early-stage venture capital firm Creandum, with participation from existing investors Cherry Ventures, UVC Partners and Speedinvest, which backed the company’s earlier seed
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Yaguara, a Denver-based startup that wants to help e-commerce companies understand their customers better to deliver more meaningful experiences, announced a $7.2 million seed investment today. The round was led by Foundation Capital with participation from Gradient Ventures, Rainfall Ventures and Zelkova. It also had help from some e-commerce heavy hitters including Warby Parker, Harry’s
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Microsoft today announced that it has acquired Affirmed Networks, a company that specializes in fully virtualized, cloud-native networking solutions for telecom operators. With its focus on 5G and edge computing, Affirmed looks like the ideal acquisition target for a large cloud provider looking to get deeper into the telco business. According to Crunchbase, Affirmed raised
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Entrepreneur First (EF), the the London-headquartered company builder and “talent first” investor, unveiled its latest cohort of “deep tech” companies in a first virtual Demo Day, amid the novel coronavirus pandemic. Presenting startups, in the format of a slick pre-recorded video, are made up of teams formed across EF’s three European locations: London, Berlin and
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Founders should use this pause to re-assess processes and strategies Dan Wheatley 8 hours Dan Wheatley Contributor Dan Wheatley is CEO/co-founder of StraightTalk Consulting, a SaaS operations and growth consultancy that works with B2B founders to implement long-term, data-driven growth strategies. Described by Sequoia Capital as the black swan event of 2020, the long-term economic
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Facebook today unveiled Coronavirus Community Hub on Messenger that offers tips, authoritative information and other resources to help people stay connected and informed about the coronavirus outbreak, weeks after launching a similar information hub on WhatsApp, its other messaging service. The launch of the coronavirus hub on Messenger, used by more than a billion people, comes
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The impending shortage of ventilators for U.S. hospitals is likely already a crisis, but will become even more dire as the number grows of patients with COVID-19 that are suffering from severe symptoms and require hospitalization. That’s why a simple piece of hardware newly approved by the FDA for emergency use — and available free
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We’re already entering into a healthcare crisis due to the global coronavirus pandemic, and creative solutions to address shortfalls in supplies, protective equipment and more are being developed to help where possible. A new startup — with a founding team that includes an emergency room doctor, a crisis response expert and a public health researcher
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Google, Amazon, and Microsoft are the landlords. Amidst the Coronavirus economic crisis, startups need a break from paying rent. They’re in a cash crunch. Revenue has stopped flowing in, capital markets like venture debt are hesitant, and startups and small-to-medium sized businessesf are at risk of either having to lay off huge numbers of employees
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