Category: coronavirus
Major automakers Toyota, Honda, FCA extend factory closures
Toyota, Honda and Fiat Chrysler Automobiles will not reopen North American factories at the end of the month as planned, as the COVID-19 disease spreads and dampens demand for new cars, trucks and SUVs. FCA said Thursday that plants across the U.S. and Canada, as well as headquarters operations and…
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Private tech companies mobilize to address shortages for medical supplies, masks and sanitizer
Startups across the nation and around the world are looking for ways to relieve shortages of much-needed personal protective equipment and sanitizers used to halt the spread of COVID-19. While some of the largest privately held technology companies, like SpaceX and Tesla, have shifted to manufacturing ventilators, smaller companies are…
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Over 30K creators joined Patreon this month, as COVID-19 outbreak spreads
Creative professionals whose livelihoods have been impacted by the COVID-19 outbreak are flocking to membership platform Patreon in record numbers, the company claims. During the first three weeks of March, more than 30,000 new creators launched on the site — a much larger number than usual. These creators are also…
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Leading VCs discuss how COVID-19 is impacting real estate & proptech
Several months ago, we surveyed more than 20 leading real estate VCs to learn about what was exciting them most in the real estate tech sector and hear their opinions on proptech trends like co-working, flexible office space and remote office space. Since we published our survey, COVID-19 has flipped…
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AI and big data won’t work miracles in the fight against coronavirus
To someone with a hammer, every problem looks like a nail — and as expected, the tech sector is hard at work hammering every nail it can find. But the analytical prowess of the modern data ecosystem is especially limited when attempting to tackle the problem of potential coronavirus treatments.…
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Tech giants should let startups defer cloud payments
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…
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