Roger Lynch Adam Galica | CNBC Magazine publisher Conde Nast is laying off nearly 100 U.S. employees and furloughing 100 more as the coronavirus pandemic continues to hit the media industry, according to a company memo obtained by CNBC. The company will also reduce work hours for a handful of employees, according to the memo. Chief
A visualization by LeoLabs of the possible collision of two defunct spacecraft in January 2020. LeoLabs Space start-up LeoLabs unveiled a service on Wednesday that will send alerts in real-time to help satellite and spacecraft operators to avoid crashing into debris or each other in space. “This is the first fully-automated collision avoidance service,” LeoLabs CEO Dan
Atul Gawande Lisa Lake | Getty Images Haven’s Dr. Atul Gawande is stepping down as chief executive and will serve as the company’s chairman of the board of directors, the company announced Wednesday. Gawande said in a role that the transition will shift his focus from day-to-day management and support the company’s strategy, board and
A man wearing a face mask holds a box of the American electronic commerce company Amazon in Central district, Hong Kong. Miguel Candela | SOPA Images | Getty Images A top Amazon executive is calling on Congress to establish a federal price gouging law so that the U.S. can more effectively combat the kinds of
The New York Department of Labor has paid approximately $7.4 billion in unemployment claims in the first seven weeks of the Covid-19 crisis to 1.7 million residents out of work, Melissa DeRosa, secretary to Gov. Andrew Cuomo, said on Wednesday. DeRosa said that roughly 1.8 million residents who are struggling with unemployment due to the coronavirus
Tesla‘s early reopening in California’s Bay Area during the coronavirus pandemic is still being handled on the local level, but California Attorney Xavier Becerra said he’s “ready to enforce” violations of the state’s orders. “The governor has issued certain declarations and where there is some discretion, the local authorities, the county officials, have the opportunity
While the world feels paused, in some respects, new startups are still cropping up like usual. Today, 13 companies are graduating from the Entrepreneurs Roundtable Accelerator, based in NY, with $100,000 each in funding from the accelerator. This is ERA’s 18th class, with the accelerator having launched more than 200 companies since its inception, which
Facebook strikes a deal to compensate content moderators with PTSD, Tesla might reopen its factory next week and Twitter says some employees can work from home indefinitely. Here’s your Daily Crunch for May 13, 2020. 1. Facebook to pay $52M to content moderators suffering from PTSD Facebook employs thousands of content moderators to sift through
The Extra Crunch Live series rolls along next week with something special: My old boss is taking part. Let me explain. Alexia Bonatsos was once co-editor of TechCrunch and was part of my interview circuit when I first joined the publication. She taught me more than I can write down; Alexia is one of my
Having a holistic picture of your health might not mean just wearing a device like an Apple Watch that can monitor your biometrics — researchers at MIT’s Computer Science and Artificial Intelligence Lab (CSAIL) have developed a new system that can figure out when and where in-home appliances like hair dryers, stoves, microwaves and washing
After eight years of Unreal Engine 4, Epic Games is finally ready to talk about Unreal Engine 5, which they’re announcing will launch in preview early next year with a wider launch by the year’s end. Unreal Engine 5 is all about harnessing the performance of next-generation consoles like the PlayStation 5 and Xbox Series
Despite the economic disruptions associated with the coronavirus pandemic, cloud vendors are holding up well as many client companies and their employees work from home. With stores closed, it’s natural that e-commerce would also perform strongly — after all, it’s also cloud-based, and folks working from home are shifting their shopping from brick-and-mortar to digital.
Space bus company Momentus has signed a new contract that will see it provide in-space transportation and deployment for Sen, the U.K. company that’s building a 4K real-time video streaming service providing live, high-quality views of Earth, both free for individuals and via an open source data platform for developers and service creators. Santa Clara-based
Now here’s an interesting GDPR complaint: Is Google illegally tracking Android users in Europe via a unique, device-assigned advertising ID? First, what is the Android advertising ID? Per Google’s description to developers building apps for its smartphone platform it’s — [emphasis added by us] The advertising ID is a unique, user-resettable ID for advertising, provided by
Uber says it has committed $50 million to procure and providing safety supplies to drivers. Those supplies will include things like face masks, sanitizer, gloves and disinfectant, Uber CEO Dara Khosrowshahi announced on a press call today. Uber says it has secured more than 23 million masks for drivers and delivery people throughout the world.
French research institute Inria has released a small portion of the source code that is going to power France’s contact-tracing app StopCovid. It is available on several GitLab repositories under the Mozilla Public License 2.0. While the French government announced that everything would be open source, it’s going to bit more complicated than that. As
Pedestrians pass in front of a Macy’s Inc. store in the Midtown neighborhood of New York, U.S., on Friday, March 20, 2020. Gabby Jones | Bloomberg | Getty Images The coronavirus pandemic is sure to leave many lasting effects on the retail industry, including bankruptcies, store closures and layoffs. It could also mean a healthy
Federal Reserve Chairman Jerome Powell said Wednesday that policymakers may have to use additional weapons to pull the country out of an economic mire that has cost at least 20 million jobs and caused “a level of pain that is hard to capture in words.” While he did not specify what those measures are and