Australian FinTech Afterpay appoints Elana Rubin as its chairman
Australia’s ‘Buy-Now-Pay-Later’ company, Afterpay, formally appoints Elana Rubin as its chairman. Ms Rubin has been filling the role on an interim basis in this Australian fintech company since last year. As of May 25th 2020, she has been asked to take up the position permanently....
Instabug proposes $5M Series A series managed by Accel, as mobile app mode surges
Some startups function like sprinters and others that move like a marathon. I appeared in front of Instabug when I was in Cairo in 2013. Born during the difficult period of the Arab Spring, this spunky startup led to performing it to TechCrunch Disrupt, before...
Igloo allocates $8.2M to deliver insurance to more people in Southeast Asia
Singapore-based Igloo, previously known as Axinan, has allocated $8.2 million as the insurance-tech startup seems to extend its foothold in half a dozen Southeast Asian markets and Australia. InVent, a corporate investment capital arm of telecommunications firm Intouch Holdings, headed Igloo’s extensive Series A round,...
Stocks Fall As Unemployment Spikes in America
Introduction Stocks dropped in daily trading on Friday, as all significant American indices dropped in the viewing of a broadly negative jobs report. More than 700,000 jobs were lost in the March reports, unemployment in the United States increased from 3.5% to 4.4%. The Cause...
Box’s Aaron Levie announces that it will take creativity and focus on getting over this crisis
The COVID-19 virus is affecting every phase of our lives and becoming a profound influence on individuals, companies and community at large. Box’s Aaron Levie Makes A Statement Box’s Aaron Levie has created a flourishing business from dorm room to IPO and ahead. He spoke...
American Airlines cancels worldwide long-haul flights by 75%
American Airlines announced that it would waive 75% of its worldwide long-haul flights from the U.S., starting March 16 in acknowledgement to reduced demand and government travel constraints put in the position to minimise the spread of COVID-19. American Airlines had previously decreased its capacity. ...
Delta Air Lines decreases capacity by 40%
Businesses across the spectrum are striving to face the challenges that the current coronavirus disruption presents. Few areas are directly affected as the airlines, which has resulted in an instant and severe decline in demand. The Current Situation As Delta CEO Ed Bastian wrote in...
Stocks head as President Trump announces national emergency
President Donald Trump’s national emergency announcement, which occurred only a half-hour before the market shut, drove stocks higher Friday, giving at least momentary relaxation to shares that have been stifled this week on worries of the COVID-19 pandemic. The President Speaks Trump mentioned some measures...
India’s Yes Bank disruption obstructs Walmart’s PhonePe amongst a dozen additional services
Hundreds of millions of traders and users in India are striving to do online transactions and utilise many popular services after the nation’s central Bank took charge of Yes Bank, the fourth-largest Bank in the country. The crisis takeover of the individual sector bank has...
PC shipments anticipated to fall this year due to the coronavirus outburst
The coronavirus disruption could lead to at least a 3.3% fall — and as big as a 9% drop — in the number of PCs that will dispatch globally this year, investigation firm Canalys published Thursday evening in its updated predictions to clients. The Impact...
