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In the latest effort to tighten travel restrictions to limit the spread of the novel coronavirus, President Trump has ordered the closure of the border between the U.S. and Mexico to all but essential travel. This move follows an announcement earlier this week that both America and Canada agreed mutually to close their shared border […]
Ohio-based Coterie, a startup working on in the commercial insurance space, has announced today it has raised $8.5 million Series A. The company had previously raised a little over $3 million in early investments, bringing its equity capital raised to nearly $12 million to date; the firm also told TechCrunch that it has raised $2.5 […]
Hollywood studios continue to rush theatrical films to streaming as the COVID-19 pandemic closes theaters. Last weekend, Disney released “Frozen 2” (which had already finished its theatrical run) ahead of schedule on Disney+. Then NBCUniversal went even further, announcing that movies still in theaters, including “The Invisible Man” and “The Hunt,” would go on sale […]
Waymo has extended the partial suspension of its autonomous vehicle service pilots to include fully driverless vehicle testing, the company confirmed on Friday. While Alphabet-owned Waymo had already stopped operation of the autonomous driving vehicles in its fleet that have safety drivers on board, in the interest of minimizing the potential spread of coronavirus, it […]
Update: The full order, including exceptions, is available here. In a press conference today, New York State Governor Andrew Cuomo announced orders for residents to stay at home amid rising COVID-19 concerns. The governor was careful to avoid terms like “shelter in place” during the otherwise typically blunt presser, but noted a “100% workforce reduction,” […]
Yelp announced this morning that it’s making a number of changes in response to the COVID-19 pandemic. First, it says it will be providing $25 million to local restaurants and nightlife businesses that are seeing a massive drop in business as a result of the crisis. This will take the form of “waived advertising fees, […]
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Uber and Lyft have been on quite a ride this year. After enjoying modest gains earlier this year thanks to an improved profitability forecast from Uber, the two companies saw their share prices gain ground […]
Following moves by Netflix and YouTube, Amazon announced today that it, too, will be throttling streaming bitrates in Europe in an effort to conserve bandwidth. The online giant confirmed the move in a statement to TechCrunch, writing: We support the need for careful management of telecom services to ensure they can handle the increased internet […]
At-home diagnostics startup Scanwell, which produces smartphone-based testing for UTIs, is working on getting at-home testing for the novel coronavirus into the hands of U.S. residents. The technology, which was developed by Chinese diagnostic technology company INNOVITA and has already been approved by China’s equivalent of the FDA and used by “millions” in China, can […]
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week’s episode was a testament to making do, as we’ve had to cancel some trips, juggle a few guests, and get up and running as a podcast that have guests dial in without losing our stride. So, […]
