by admin | Apr 6, 2020 | News
Airbnb said Monday that it has raised $1 billion in debt and equity from private equity firms Silver Lake and Sixth Street Partners, even as the online rental marketplace has seen its business plummet due to the COVID-19 pandemic. Terms of the deal were not disclosed....
by admin | Apr 6, 2020 | News
Stocks rallied Monday, with all major indices snapping back into positive territories as investors seized on any positive developments in the fight to mitigate the spread of COVID-19, the disease caused by coronavirus. The stock market is, of course, not the economy....
by admin | Apr 6, 2020 | News
Looks like things haven’t gone completely smoothly with Quibi‘s launch. The issue appears to have been resolved, but the Quibi customer support account tweeted this afternoon that “some users may be experiencing problems with the Quibi app,” only to add an hour later...
by admin | Apr 6, 2020 | News
Eva Yoo Contributor Eva Yoo is founder of Seek Road, the project wherein she cycles from Seoul to London while interviewing startups on the Silk Road. More posts by this contributor How this Kazakhstan internet giant built success on ideas from Russia and China While...
by admin | Apr 6, 2020 | News
TechCrunch confirmed today that BounceX (the firm is rebranding this year) has executed layoffs and salary cuts in the wake of recent COVID-19-led economic disruptions. Many startups are undergoing staff cuts as the domestic and global economies slow, making...
by admin | Apr 6, 2020 | News
A new COVID-19 vaccine candidate is entering Phase 1 clinical human testing today, after the U.S. Food and Drug Administration (FDA) accepted an application from Inovio Pharmaceuticals under the regulator’s Investigational New Drug program. Inovio plans to inject its...