In the wake of COVID-19, UK puts up £20M in grants to develop resilient tech for critical industries

In the wake of COVID-19, UK puts up £20M in grants to develop resilient tech for critical industries

Most of the world — despite the canaries in the coal mine — was unprepared to cope with the coronavirus outbreak that’s now besieging us. Now, work is starting to get underway both to help manage what is going on now and better prepare us in the future. In the latest...
Layoffs hit Flexport, another SoftBank-backed startup worth $3.2B

Layoffs hit Flexport, another SoftBank-backed startup worth $3.2B

Fearing weak fundraising options in the wake of the WeWork implosion, late-stage startups are tightening their belts. The latest is another Softbank-funded company, joining Zume Pizza (80 percent of staff laid off), Wag (80 percent),  Fair (40%), Getaround (25...