Tag: business
Amazon and Microsoft are trash talking each other over a DoD contract
The Department of Defense needs technology experts to migrate its roughly 500 disparate cloud environments into a unified system to help the military work better and faster. The Joint Enterprise Defense Infrastructure (JEDI) contract — which has bee… Source
Read More
Latin America Roundup: Big rounds, big mergers and a $3.8M pandemic fund from Nubank
Despite the global panic caused by the current pandemic, startups in Latin America have continued to attract international capital. In April, Mexico’s Alphacredit, Colombia’s Frubana and Brazil’s CargoX were among those that raised particularly large rounds to support their growth during this challenging time. All three companies target markets that…
Read More
Airbnb will lay off 25 percent of its workforce due to COVID-19
The COVID-19 pandemic has effectively gutted Airbnb’s core business, and the company is taking drastic action to stay afloat while people aren’t travelling. The company has confirmed to TechCrunch that it’s laying off 1,900 employees, or just over 25… Source
Read More
Amazon VP quits over company firing COVID-19 whistleblowers
Amazon’s recent firings of labor critics have prompted dissent among its upper ranks. AWS vice president Tim Bray has quit the company (via The Verge) over what he sees as an attempt to punish whistleblowers worried about inadequate COVID-19 protecti… Source
Read More
Tech for good during COVID-19: Sky-high gifts, extra help, and chips
When Roger Lee, the co-founder of Human Interest, heard that San Francisco imposed shelter-in-place orders, he started blogging about layoff news and posting crowdsourced lists of employees who were laid off. His goal was to increase awareness about layoffs and give recruiters a place to search for candidates. However, one…
Read More
Intel is reportedly close to buying transit app creator Moovit
Intel’s autonomous driving ambitions may soon get a boost from a well-known app developer. Calcalist, The Marker and TechCrunch sources claim Intel is close to acquiring transit app developer Moovit in a deal that would be worth around $1 billion. Th… Source
Read More