Tag: canada

Stocks gain despite 6.6M new US unemployment claims

Domestic stocks rose today in the United States, with all major indices opening higher. TechCrunch has slowed its daily coverage of the US stock market as volatility has receded. We try to avoid covering the stock market too much, but there are days when doing so would be derelict. The…

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Myriota raises $19.3 million to expand its IoT satellite constellation

Internet of things satellite connectivity startup Myriota has raises a $19.3 million Series B funding round, led by Hostplus and Main Sequence Ventures, with additional funding from Boeing, former Australian PM Malcolm Turnbull, Singtel Innov8 and others. The company has now raised $37 million in Funding, and has four satellites…

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Bay Area effort to feed hospital workers partners with Jose Andres’ World Central Kitchen

An effort I’ve been following in the Bay Area to deliver meals to front-line hospital clinicians dealing with the results of COVID-19 is announcing a big new partnership today that should give it a national stage. Frontline Foods is partnering up with World Central Kitchen to scale up its ad-hoc…

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Damon Motorcycles makes acquisition, raises $3M and extends pre-orders

EV startup Damon Motorcycles has acquired the IP of Mission Motors, raised $3 million in funding and announced a special production run of its debut model. The Vancouver-based venture unveiled the 200 mph Hypersport in January and began taking pre-orders for the e-moto, with a base price of $24,995. Damon…

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D-Wave gives anyone working on responses to the COVID-19 free cloud access to its quantum computers

D-Wave, the Canadian quantum computing company, today announced that it is giving anyone who is working on responses to the COVID-19 free access to its Leap 2 quantum computing cloud service. The offer isn’t only valid to those focusing on new drugs but open to any research or team working…

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Major automakers Toyota, Honda, FCA extend factory closures

Toyota, Honda and Fiat Chrysler Automobiles will not reopen North American factories at the end of the month as planned, as the COVID-19 disease spreads and dampens demand for new cars, trucks and SUVs. FCA said Thursday that plants across the U.S. and Canada, as well as headquarters operations and…

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