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STARTUPS
Oyo layoffs, Airbnb’s delayed IPO and the long-term quandary of investing in travel startups
It’s the best and worst of times for travel startups. Massive growth over the past few decades has made tourism…
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Trends
US Congress approves $8.3 billion in emergency funding for coronavirus response
Congress on Wednesday approved $8.3 billion in emergency funding to respond to the spreading novel coronavirus, COVID-19, which has already…
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Trends
Ford is building an all-electric Transit cargo van for the US market
Ford said it will produce and sell an all-electric version of its popular Ford Transit cargo van for the North…
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J.Crew says a hacker accessed some customer accounts
Clothing giant J.Crew said an unknown number of customers had their online accounts accessed “by an unauthorized party” almost a…
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STARTUPS
Quibi closes on $750 million as its date with destiny approaches
With just over one month to go until its official launch date, the short-form, subscription streaming service Quibi has closed…
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