COVID-19
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Trends
Slack shares plummet 20% after its growth forecast fails to excite investors
Today after the bell, Slack, a popular workplace communication product, reported its FQ4 2020 earnings, the three-month period ending January…
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Trends
European Commission goes teleworking by default over COVID-19
The European Commission is switching all staff in “non-critical functions” to remote working from next Monday in response to the…
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Trends
Yext aims to deliver more coronavirus-related answers by making its site search free
Yext says that in response to the COVID-19 pandemic, it’s making its Yext Answers site search product free for 90…
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STARTUPS
Uber and Lyft plunge, erasing recent gains after promising profits
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.…
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Trends
Stocks fall again, pushing deeper into bear territory as SaaS reaches 1 year lows
American-listed shares are off sharply this morning, falling after a steep selloff yesterday was not staunched by a presidential address.…
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Trends
Bitcoin is also having a very, very bad day
Bitcoin is going through a remarkably bad day. It turns out all assets are having a rough month — including…
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Trends
Asian stock markets fall as COVID-19 is declared a pandemic
American stock markets plunged on Wednesday, after the World Health Organization officially declared the spread of COVID-19 a pandemic. In…
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Trends
Twitter makes working from home mandatory for employees around the world in response to COVID-19
After “strongly encouraging” it earlier this month, Twitter said today that working from home is now mandatory for all employees…
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Trends
Establishing an emergency relief fund, Amazon commits to two-week pay for workers affected by COVID-19
Amazon has instituted a new policy which will see all Amazon employees diagnosed with COVID-19 or placed into quarantine receiving…
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