Tag: economy
The good SaaS times will end and challenges are coming
Ed Byrne Contributor Ed Byrne is an entrepreneur, investor and co-founder of Scaleworks. More posts by this contributor Working backwards to uncover key success factors Netflix is still too cheap We’ve had a great decade-long run in SaaS — abundant capital, a thriving economy and a massive existing market shift…
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Airbnb extends no-charge cancellation policy due to coronavirus
Because of the current state of the global coronavirus pandemic, Airbnb has announced updates to its policies that provide reservation cancellations without charge for stays booked in specific areas. Guests who booked reservations through Airbnb in Mainland China, South Korea, Italy and the United States are now eligible to cancel…
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Stocks sharply rebound as markets rally on expectations of government bailout, testing
As America’s fractured Congress inches closer to an agreement on a comprehensive bailout for the economic hardships businesses and workers are facing due to the COVID-19 pandemic, stocks are poised for a big rally on Wall Street. The move is more than welcome after stock markets recorded their worst day in…
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COVID-19 market turmoil tests NYSE’s shutdown circuit-breakers
For the second time this week trading on the New York Stock Exchange halted for 15 minutes this morning when a market drop triggered the exchange’s internal circuit breaker, shortly after 9:30am. The control, part of the NYSE’s automatic provisions to pause trading, has been put to the test since…
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Insurtech startup Akur8 raises $8.9M from BlackFin and MTech Capital
Far from replacing humans, Artificial Intelligence is actually coming to the aid of a very old profession that has fallen out of fashion to such an extent that people are increasingly not joining it. I speak of the rarified world of the Actuary. Actuaries deal with the measurement and management…
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European startups applaud Commission plan to rethink stock options
Startups have welcomed proposals from the European Commission aimed at cutting red tape and shrinking cross-border barriers for small businesses as part of a new EU industrial strategy plan with a twin focus on digital and green transitions unveiled today. Among the package of measures being proposed by the European…
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