After a sharp Monday rally seemingly built on optimism that the impact of the global pandemic may have reached its zenith in Europe — and indeed that the United States might see a lower infection and mortality peak than some anticipated — shares once again rose this morning. Here’s how the day looks a few […]
April 7th, 2020 08:38 AM
Just days after SoftBank announced that it would not consummate its $3 billion tender offer for WeWork shares that would have bought out some of the equity held by the company’s co-founder Adam Neumann along with venture capital firms like Benchmark and many individual company employees, the company is now retaliating, suing SoftBank over alleged […]
April 7th, 2020 08:23 AM
If your business model still looks like your original assumptions a month ago, you’ve been living under a rock. Every part of your business model — not just product and customer — will change now.
April 7th, 2020 08:23 AM
Austin-based SourceDay, which sells supply chain management software, said it raised $12.5 million in its latest round of financing. The company developed software to manage the relationship between companies and the businesses they source raw materials from as part of their direct spending needs. Baird Capital led the round with participation from existing investors including […]
April 7th, 2020 08:05 AM
Mozilla is launching version 75 of its Firefox browser today. As always, there are plenty of bug fixes and changes for developers who write web apps, but the marquee feature of this update is a refreshed address bar. Given how often you likely use the address bar — though these days it’s often more of […]
April 7th, 2020 08:00 AM
Healthcare security startup CyberMDX has raised $20 million in its latest round of fundraising, the company confirmed Tuesday. The New York-based security company works primarily to secure medical devices and improve hospital network security through its cyber intelligence platform, which manages a hospital’s network-connected assets and devices, and monitors threats in real-time. CyberMDX has become […]
April 7th, 2020 08:00 AM
The Cloud Foundry Foundation (CFF), the home of the Cloud Foundry open-source developer platform, today announced that its executive director Abby Kearns is stepping down from her role to pursue an executive role elsewhere. If you’ve followed the development of the CFF for a while, it won’t come as a surprise that its current CTO, […]
April 7th, 2020 08:00 AM
Taiwan’s Executive Yuan issued an advisory on Tuesday barring the country’s government agencies from using Zoom and other video software with “associated security or privacy concerns.” Instead, the government said alternatives, including software from Google and Microsoft, should be considered. Many organizations have been relying on Zoom to holding meetings during the COVID-19 pandemic, but […]
April 7th, 2020 07:26 AM
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