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2020

Sources: online used-car seller Vroom files confidentially for IPO, setting sights on a June offering after its December 2019 funding round valued it at $1.5B (Wall Street Journal)

Wall Street Journal: Sources: online used-car seller Vroom files confidentially for IPO, setting sights on a June offering after its December 2019 funding round valued it at $1.5B  —  Firm sets sights on a June offering after rich funding round  —  Online used-car seller Vroom Inc. has filed confidentially [Read More...]

A look at what could be holding back VR, as a breakthrough moment seems unlikely to materialize despite ripe conditions and nearly a decade of big bets on VR (Benedict Evans)

Benedict Evans: A look at what could be holding back VR, as a breakthrough moment seems unlikely to materialize despite ripe conditions and nearly a decade of big bets on VR  —  We tried VR in the 1980s, and it didn’t work.  The idea may have been great, but the technology of the day was nowhere close to delivering it [Read More...]

Medable, which wants to reduce clinical trial timelines by 50% by streamlining design, recruitment, and the collection of data, raises $25M led by GSR Ventures (Christine Hall/Crunchbase News)

Christine Hall / Crunchbase News: Medable, which wants to reduce clinical trial timelines by 50% by streamlining design, recruitment, and the collection of data, raises $25M led by GSR Ventures  —  Palo Alto, California startup Medable Inc. raised $25 million in funding led by GSR Ventures, to accelerate clinical drug development [Read More...]

Bank of England Predicts Worst Economic Crash in 300 Years for UK

The Bank of England has predicted the worst economic crash since the Great Frost of 1709. Economists are less optimistic than the central bank about the rate of recovery for the UK economy. “Current conditions are unprecedented in our lifetime and all forecasters are struggling to make out where the economy stands now,” one economist [Read More...]

Ohio-based Finite State, which provides supply chain security and risk management for IoT devices, raises $12.5M Series A, bringing its total raised to $19.5M (Jayne Gest/Smart Business Dealmakers)

Jayne Gest / Smart Business Dealmakers: Ohio-based Finite State, which provides supply chain security and risk management for IoT devices, raises $12.5M Series A, bringing its total raised to $19.5M  —  Finite State, which provides supply chain security and risk management for IoT and embedded devices, has raised $12.5 million [Read More...]

Report: iPhone 12 Pro models to feature a ProMotion display with 120Hz refresh rate, improved Face ID, and 3x optical zoom for telephoto lens (Benjamin Mayo/9to5Mac)

Benjamin Mayo / 9to5Mac: Report: iPhone 12 Pro models to feature a ProMotion display with 120Hz refresh rate, improved Face ID, and 3x optical zoom for telephoto lens  —  Max Weinbach’s latest reporting as featured in EverythingApplePro’s video indicates that the iPhone 12 will feature a high refresh-rate 120Hz [Read More...]

Canada-based Tehama, a SaaS company that helps remote workers securely connect to enterprise systems, raises $10M Series A led by OMERS Ventures (Mary Ann Azevedo/Crunchbase News)

Mary Ann Azevedo / Crunchbase News: Canada-based Tehama, a SaaS company that helps remote workers securely connect to enterprise systems, raises $10M Series A led by OMERS Ventures  —  Tehama, a SaaS platform that aims to offer a secure way to deploy a virtual workforce, has raised $10 million in a Series A round, the Ontario [Read More...]

Law Firm Gives $500 Daily to Local Essential Workers

Phoenix, AZ, May 10, 2020 –(PR.com)– The COVID-19 pandemic has undeniably changed the social and economic landscape of Arizona. To recognize and show appreciation for the effort of essential workers to keep Arizona running and healthy, local law firm Phillips Law Group will reward one Arizona essential worker with $500 every day from [Read More...]
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