Airbnb says it will support real estate for 100,000 workers at the front lines of COVID-19 care, Groupon gets a new CEO and Stripe invests in a universal checkout start-up. Here’s your Daily Crunch for March 26, 2020.
Airbnb’s effort will work by enabling Hosts on its platform to opt-in to making their space offered, with any charges that Airbnb would usually charge for using its platform waived for those who take part. The program will consist of brand-new procedures around cleanliness that are developed to keep spaces safe for those employees who utilize it, and Airbnb will be dealing with the Red Cross, the International Rescue Committee, the International Medical Corps and other non-profit groups to help allocate area where it’s needed most.
Airbnb also has a fund developed for those who wish to supply financial assistance, with 100 percent of all profits going to nonprofits dealing with COVID-19 relief.
While a lot of tech stocks have seen their market caps dive in the previous month, Groupon has taken a more difficult hit than most– the company’s share rate has actually dropped more than 70 percent in the previous five weeks.
Quick, per its name, wishes to make visiting far quicker, and also wishes to assist you take a look at online stores more simply and quickly. In an interview with TechCrunch, CEO Domm Holland stated he desires Quick “to be the intermediary for all customer interactions,” which he broke down as a “fancy way of saying we wish to give you one-click login, one-click payments, one-click information everywhere.”
In 2015, the U.S. federal government limited U.S. companies from preserving an organisation relationship with Huawei. Despite the fact that Huawei can only launch Google-free phones, the company isn’t stalling and is launching flagship phones at a normal rate.
With a boost in digital adoption, a step-function innovation is emerging: digital antiques.
When Eliot Buchanan attempted to use his charge card to pay his Harvard tuition bill, the payment was rejected because the university stated it does not accept credit. Understanding the very same problem exists for thousands of various deals like board, lease and vendor payments, he launched Plastiq.
According to multiple sources, Meri Williams– who joined fast-growing fintech start-up Monzo in September 2018 to much fanfare– announced internally that she was departing, saying that she wanted to voluntarily aid with cost-cutting measures. (Williams had already cut back her involvement with Monzo and had been speaking with for other tech companies.)
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