Tag: business

Amazon lets sellers resume shipping ‘non-essential’ items to warehouses

In an effort to better meet the surge in consumer demand, Amazon announced last month that its fulfillment centers would only accept shipments of medical supplies and household cleaning goods from independent merchants. At the time, the company said… Source

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The intersection of small business, tech and our financial system is more important than ever

Ann Marie Mehlum Contributor Ann Marie Mehlum serves on several boards, including Summit Bank, and is a senior advisor at FS Vector, Fenway Summer’s advisory affiliate. Previously, she was associate administrator of Capital Access at SBA. Javier Saade Contributor Javier Saade serves on several boards, is venture partner at Fenway…

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Amazon extends return window amid coronavirus pandemic

Amazon is temporarily extending its return policy window to help its customers during the coronavirus crisis. If you live in the US or Canada, you now have until May 31st to return any products you buy between now and April 30th through Amazon or one… Source

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Silicon Valley Bank only started processing stimulus loan applications today

In a sign of just how broken the process is for startups looking to receive stimulus dollars, Silicon Valley Bank, the bank that claims “more innovative startups bank with us than any other bank,” only just began processing claims today. “Since the CARES Act and the PPP were announced, we…

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Microsoft hires Apple’s former wireless tech chief for its hardware division

Ruben Caballero, a former Apple executive, has joined Microsoft as corporate vice president for hardware design and technology. According to a new entry on his LinkedIn profile, which was first spotted by Bloomberg, Caballero will be part of Microsof… Source

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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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