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London health workers to receive free e-bike loaners to avoid public transport
Key National Health Service (NHS) workers in London are being offered a three-month e-bike loan to help them commute to work while social distancing. There are currently 20 Gocycle GS loaner e-bikes available, with more brands like Raleigh soon to join. The e-bikes and Abus locks and helmets are being…
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Microsoft Azure tweaked amid huge surge in cloud demand
Microsoft has revealed a huge increase in the usage of its Azure cloud services as the much of the world continues migrating to working from home. The computing giant says it has seen a surge of 775% in the usage of its cloud services in recent weeks, with Windows Virtual…
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Cell and gene therapy startup ElevateBio raises $170 million
While economic conditions and the ongoing global coronavirus pandemic may not make for the best atmosphere for raising funding, some companies are still announcing round closures with significant money committed. Cambridge-based ElevateBio, for instance, revealed a $170 million Series B funding on Monday, with participation from new investors The Invus…
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How businesses can roll with the punches in challenging circumstances
In the wise words of ‘Iron’ Mike Tyson, everybody has a plan until they get punched in the face. Coming into 2020, businesses around the world were equipped with fine-tuned plans for growth. Detailed strategies which would see their business solve the needs of clients, consumers and colleagues. The emergence…
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One.com acquires Hostnet as hosting providers continue consolidation in Europe
The coronavirus pandemic has all but halted a lot of business activity, but today comes news of a deal that underscores how M&A is still happening in some sectors despite (not because of) everything else going on. One.com — the big hosting provider in Europe with around 1.5 million customers,…
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Online tutoring marketplace Preply banks $10M to fuel growth in North America, Europe
Online learning looks likely to be a key beneficiary of the social distancing and quarantine measures that are being applied around the world as countries grapple with the COVID-19 pandemic. In turn, this looks set to buoy some relative veterans of the space. To wit: Preply, a 2013-founded tutoring marketplace,…
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