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COVID-hit UK startups cry out for help, as UK gov trails Europe in its response
The UK government is reportedly looking at a range of options to support the startup industry, possibly involving a co-investment model involving state-owned funds (via the British Business Bank) and private VC funds. Investors have been warning that typically loss-making, early-stage startups are at risk of collapse amid the coronavirus…
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Uber built a tool to help its drivers find work at other companies
Uber recognizes that its drivers are facing major work shortages, as fewer people travel via rideshare during the pandemic. The company is already offering 14 days of financial assistance to drivers diagnosed with COVID-19, and it fought for its gig… Source
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Equity Monday: Hunting for green shoots amidst the startup data
Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Before we jump into today’s show, don’t forget that the long-form Equity that we’ve done for more than three years still drops on Friday. Last week’s was a particular delight, so make sure…
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Paul Cormier takes over as Red Hat CEO, as Jim Whitehurst moves to IBM
When Ginni Rometty indicated that she was stepping down as IBM CEO at the end of January, the company announced that Arvind Krishna would be taking over, while Red Hat CEO Jim Whitehurst would become president. To fill his role, Red Hat announced today that long-time executive Paul Cormier has…
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UK carriers would appreciate you not setting cell towers on fire
The arson attacks against 5G masts in the UK have become serious enough that carriers are joining together to put a stop to the incidents. EE, O2, Three and Vodafone have issued a joint statement both urging people not to set fire to cellular masts,… Source
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Origin’s EON15-X laptop is powered by AMD’s 12-core desktop Ryzen 9 CPU
Origin has unveiled the revamped EON15-X laptop with an impressive trick: It packs the 12-core AMD Ryzen 3900 desktop processor. As a reminder, this chip (for OEMs only) gives you many of the benefits of the powerful Ryzen 9 3900X gaming processor wh… Source
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