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Verizon makes a move into videoconferencing, Jeff Bezos discusses a plan to test Amazon employees for COVID-19 and Apple is reportedly working on new over-ear headphones. Here’s your Daily Crunch for April 16, 2020. |
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TechCrunch’s parent company is buying veteran videoconferencing platform BlueJeans Network â shelling out less than $500 million on the acquisition, according to the Wall Street Journal. (A Verizon spokeswoman confirmed that the price-tag is sub-$500 million but did not provide a more exact figure.) “Customers will benefit from a BlueJeans enterprise-grade video experience on Verizonâs high-performance global networks,” the company said in a statement. “In addition, the platform will be deeply integrated into Verizonâs 5G product roadmap, providing secure and real-time engagement solutions for high growth areas such as telemedicine, distance learning and field service work.” Read more |
| Image Credits: David Ramos / Getty Images |
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Jeff Bezos dropped Amazonâs annual shareholder letter today, which includes more information on the Amazon-built testing labs that were announced last week. Bezos said the company is considering âregular testing of all Amazonians, including those showing no symptoms.â Read more |
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Bloomberg reports that Apple is developing its own competitors to popular over-ear noise-cancelling headphones like those made by Bose and Sony, but with similar technology to that used in the AirPod and AirPod Pro lines. Read more |
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Yesterday, news broke that a trio of well-known, heavily-backed unicorns â Carta, Zume and Opendoor â were cutting staff. Read more |
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VC Pascal Levensohn says that several of his current portfolio companies have recently proposed âemergency bridgeâ convertible note financings of between $5 million and $15 million, each featuring a painful feature for non-participants. (Extra Crunch membership required.) Read more |
| Image Credits: cnsphotography / Getty Images |
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While controversy has dogged the $10 billion, decade-long JEDI contract since its earliest days, a report by the Department of Defense’s Inspector Generalâs Office concluded that the contract procurement process was fair and legal. Read more |
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All apps found in this section are vetted by a panel of reviewers, including more than 200 teachers across the U.S., and meet Googleâs existing requirements (around government regulation and advertising) for its âDesigned for Familiesâ program. Read more |
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