Tag: United States
Stocks gain despite 6.6M new US unemployment claims
Domestic stocks rose today in the United States, with all major indices opening higher. TechCrunch has slowed its daily coverage of the US stock market as volatility has receded. We try to avoid covering the stock market too much, but there are days when doing so would be derelict. The…
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MIT develops privacy-preserving COVID-19 contact tracing inspired by Apple’s ‘Find My’ feature
One of the efforts that’s been proposed to contain the spread of COVID-19 is a contact trace and track program, that would allow health officials to keep better tabs on individuals who have been infected, and alert them to potential spread. Contract tracing has already seemingly proven effective in some…
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Energica CEO plots her Italian EV company’s reboot from lockdown
There could be more demand for electric vehicles post COVID-19 crisis, believes Energica founder Livia Cevolini. The CEO of the high-performance Italian motorcycle manufacturer offered that point of optimism, as her Modena based EV company remains closed by government decree. The coronavirus pandemic has forced Energica to hit the brakes…
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Stocks rally again as new COVID-19 cases show signs of slowing
All major indices rose Wednesday, led by the Dow Jones Industrial Average, which increased 3.44% to close above 23,000 for the first time since March 13. Investors seemed heartened by comments made by National Institute of Allergy and Infectious Diseases Director Anthony Fauci, who said Wednesday that the U.S. death…
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Tesla to cut salaries, furlough workers as COVID-19 shutdowns extended to May 4
Tesla is suspending production at its U.S. factories until May 4 due to the COVID-19 pandemic, prompting the company to cut pay for salaried employees between 10% and 30% and furlough workers, according to an internal email sent Tuesday night and viewed by TechCrunch. Pay cuts for salaried employees —…
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Latin America Roundup: Grupo ZAP, Grow Mobility, Wavy get acquired; Credijusto adds $100M; Cornershop, iFood brace for delivery boom
Sophia Wood Contributor Sophia Wood is a Venture Partner at Magma Partners. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by this contributor Latin America Roundup: Loft raises $175M, SoftBank invests in Mexico’s Alphacredit and Rappi pulls back Latin America Roundup:…
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