Earlier this week, shares of Uber Technologies jumped nearly 50% after Chief Executive Officer Dara Khosrowshahi said that the company has enough cash to get through the coronavirus crisis.
Mainframe Industries, a mobile gaming company that operates from studios in Helsinki and Reykjavik, announced it raised $8.1 million in funding led by Andreessen Horowitz.
StartX, a startup community comprised of over 1,500 Stanford faculty and alumni founders, announced it has launched the StartX Med COVID-19 Task Force.
Bank of America recently announced it is committing $100 million to support local communities affected by COVID-19 (coronavirus). These are the details.
Mastercard announced it signed a global partnership with Samsung to enable digital access to consumers and small businesses in emerging markets through its extensible Pay on Demand platform.
JPMorgan Chase announced it is making a $50 million global philanthropic commitment for the immediate public health and long-term economic challenges from the COVID-19 global pandemic.
Gojek, a Southeast Asia based ride-hailing company, announced it raised $1.2 billion. Including this funding round, Gojek has raised a total of nearly $3 billion.
Rheaply, a company that combines a resource-sharing network with a user-friendly asset management platform, announced it raised $2.5 million in a seed round of funding.
SAP SE and Goldman Sachs announced that they have signed a partnership to make it easier for companies to do business with the millions of suppliers worldwide on Ariba Network.
Microsoft recently unveiled the specifications of the upcoming Xbox Series X gaming console. These are the details.
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