Category: coronavirus
American stocks rally sharply on COVID-19 optimism as earnings loom
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 the coronavirus. The stock market is, of course, not the economy. And this is likely a dead-cat bounce…
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COVID-19 crisis spurs triple-digit growth for refurbishing startup Back Market
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 a number of startups have…
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BounceX cuts staff, reduces salaries in wake of COVID-19 economic disruptions
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 individual reductions less newsworthy as the layoff tally rises. However, as…
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A second potential COVID-19 vaccine, backed by Bill and Melinda Gates, is entering human testing
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 first volunteer test subject with the INO-4800 DNA vaccine candidate it…
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Twilio CEO Jeff Lawson on shifting a 3,000-person company to fully remote
‘It’s not without its hiccups, but it has worked pretty well’ Greg Kumparak @grg / 13 hours What’s it like to take a company with 3,000 employees distributed across 25 offices and make it fully remote with just a few weeks’ notice? I hopped on a call with Twilio CEO…
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Late-night hosts will help stream a COVID-19 benefit concert on April 18th
On April 18th, late night hosts and celebrities will participate in One World: Together At Home, a virtual benefit concert to raise money for the COVID-19 Solidarity Response Fund. The multi-hour digital broadcast will stream on several platforms, in… Source
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