Category: coronavirus
Daily Crunch: Amazon announces new warehouse safety steps
Amazon says it will start taking additional steps to ensure the safety of its warehouse workers, SoftBank backs out of its latest WeWork investment and Zoom tries to fix its security issues. Here’s your Daily Crunch for April 2, 2020. 1. Amazon begins running temperature checks and will provide surgical…
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Forward launches ‘Forward At Home’ primary care service to address COVID-19 healthcare crunch
The global coronavirus pandemic has already caused a tremendous strain on healthcare resources around the world, and it’s leading to a shift in how healthcare is offered. Startup Forward, which debuted in 2016 and has since expanded its tech-focused primary care medical practice to locations in major cities across the…
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How 6 top VCs are adapting to the new uncertainty
As the global economy grinds to a halt, every business sector has been impacted, including the linked worlds of startups and venture capital. But how much has really changed? If you read VC Twitter, you might think that nothing has changed at all. It’s not hard to find investors who…
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Cloudflare CEO pledges to double 2020 internship class
Internet security company Cloudflare has pledged to double its Summer 2020 internship class, and make the entire program remote if necessary, in response to cancellations of internships programs across the country due to COVID-19. Yelp, Funding Circle, StubHub and other companies have terminated their internship programs and hiring, citing the…
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SoftBank terminates $3BN tender offer for WeWork shares
SoftBank Group has pulled a $3 billion tender offer for WeWork shares — citing closing conditions not being met. The investment behemoth had been rumoured to be getting cold feet, when the WSJ reported last month that it was using regulatory investigations as a way to back out of its…
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Detroit to be first to deploy Abbott Lab’s 5 minute Covid-19 test, mayor says
Detroit Mayor Mike Duggan said today on Wolf Blitzer’s CNN show that the city of Detroit is on track to be the first city to deploy Abbott Lab’s 5 minute Covid-19 test. The mayor said that the test would be available for first responders. The goal, he said, was to…
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