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Microsoft today announced that it has acquired Affirmed Networks, a company that specializes in fully virtualized, cloud-native networking solutions for telecom operators. With its focus on 5G and edge computing, Affirmed looks like the ideal acquisition target for a large cloud provider looking to get deeper into the telco business. According to Crunchbase, Affirmed raised
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Monzo, the U.K. challenger bank that now counts over 4 million account holders, has lost its CTO, TechCrunch has learned. According to multiple sources, Meri Williams, who joined the fast-growing fintech in September 2018 to much fanfare, announced internally that she was departing, saying that she wanted to voluntarily help with cost-cutting measures. However, it
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Founders should use this pause to re-assess processes and strategies Dan Wheatley 8 hours Dan Wheatley Contributor Dan Wheatley is CEO/co-founder of StraightTalk Consulting, a SaaS operations and growth consultancy that works with B2B founders to implement long-term, data-driven growth strategies. Described by Sequoia Capital as the black swan event of 2020, the long-term economic
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Entrepreneur First (EF), the the London-headquartered company builder and “talent first” investor, unveiled its latest cohort of “deep tech” companies in a first virtual Demo Day, amid the novel coronavirus pandemic. Presenting startups, in the format of a slick pre-recorded video, are made up of teams formed across EF’s three European locations: London, Berlin and
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Facebook today unveiled Coronavirus Community Hub on Messenger that offers tips, authoritative information and other resources to help people stay connected and informed about the coronavirus outbreak, weeks after launching a similar information hub on WhatsApp, its other messaging service. The launch of the coronavirus hub on Messenger, used by more than a billion people, comes
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The impending shortage of ventilators for U.S. hospitals is likely already a crisis, but will become even more dire as the number grows of patients with COVID-19 that are suffering from severe symptoms and require hospitalization. That’s why a simple piece of hardware newly approved by the FDA for emergency use — and available free
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Google, Amazon, and Microsoft are the landlords. Amidst the Coronavirus economic crisis, startups need a break from paying rent. They’re in a cash crunch. Revenue has stopped flowing in, capital markets like venture debt are hesitant, and startups and small-to-medium sized businessesf are at risk of either having to lay off huge numbers of employees
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Companies around the world are shifting production lines and business models to address the needs of governments and healthcare agencies in their efforts to slow the spread of COVID-19. Two companies answering that call are Dyson and Gtech, both of which are working on ventilator hardware, leveraging their experience building vacuums and other motor-driven airflow
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Early this morning, Fast, a startup building platform-agnostic login and checkout services, announced that Stripe has led a $20 million investment into its business. Prior investors Index Ventures and Susa Ventures took part in the round. Susa previously participated in the company’s late-2019 round that Index led. Coming in late March, the new capital is
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MX Player, the on-demand video streaming service owned by India’s conglomerate Times Internet, is expanding to more than half a dozen new international markets including the U.S. and the UK to supply more entertainment content to millions of people trapped in their homes. The Singapore-headquartered on-demand video streaming service, which raised $111 million in a
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