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Securitization platform Cadence surpasses $125M deal volume and raises $4M

Securitization is a critical function of the modern financial system. Banks “package” individual loans, say a mortgage or an auto loan, into a group with similar characteristics and sell them to other investors. That gets the debt off the originator’s balance sheet so that they can offer more loans, while also offering private investors alternative investment opportunities to buy up. Despite the scale of the market — the trade association SIFMA’s research shows that the volume for asset-backed s...
Tags: Apple, Google, Startups, Finance, Funding, New York City, Tech, Bloomberg, United States, Switzerland, Ethereum, Blockchain, Chu, Yalla Mediterranean, Cadence, Fatburger


Taiwan’s government bars its agencies from using Zoom over security concerns

Taiwan’s Executive Yuan issued an advisory on Tuesday barring the country’s government agencies from using Zoom and other video software with “associated security or privacy concerns.” Instead, the government said alternatives, including software from Google and Microsoft, should be considered. Many organizations have been relying on Zoom to holding meetings during the COVID-19 pandemic, but the video conferencing app has also been criticized for security and privacy issues. Maybe we should...
Tags: Google, Security, TC, Asia, Microsoft, Australia, China, New York City, Tech, Taiwan, Zoom, Executive Yuan, Defence Force, Citizen Lab, Eric Yuan, Coronavirus


Mysterious drone tells New Yorkers to socially distance during pandemic

No one seems to know where the speaker-drone came from
Tags: News, New York City, Trends, Drones, Emerging Tech, Coronavirus, COVID-19


Foursquare Merges With Factual, Another Location-Data Provider

Foursquare, the 10-year-old location platform based in New York City, has today announced its plan to merge with Factual. From a report: The terms of the deal were not disclosed. The merged company will keep the Foursquare moniker, and Foursquare CEO David Shim will remain at the helm, with Factual's founder and now-former CEO Gil Elbaz joining Foursquare co-founder Dennis Crowley as a member of the board and executive team. Shim confirmed to TechCrunch that this merger was in the works before t...
Tags: New York City, Tech, Factual, Sxsw, Dennis Crowley, Shim, Gil Elbaz, David Shim


US Schools Are Banning Zoom and Switching To Microsoft Teams

After many schools adopted Zoom to conduct online lessons during the coronavirus lockdown, concerns about security and privacy have led to a ban on the video conferencing software across the U.S. BetaNews reports: The chancellor of New York City's Department of Education Richard A Carranza sent an email to school principals telling them to "cease using Zoom as soon as possible." And he is not alone; schools in other parts of the country have taken similar action, and educators are now being trai...
Tags: Microsoft, Washington Post, New York City, US, Tech, Nevada, DOE, Department Of Education, Chalkbeat, Microsoft Teams, Richard A Carranza, Danielle Filson, U S BetaNews, NYC Education Department, Clark County Public Schools, Utah Washington State


U.K. Premier Hospitalized; Japan Set for Emergency: Virus Update

(Bloomberg) -- The daily death toll from the novel coronavirus declined in some global hotspots, and President Donald Trump said he sees signs the U.S. outbreak is beginning to level off.Stocks climbed as New York State fatalities fell for the first time and Italy had the fewest deaths in more than two weeks. Germany saw a fourth straight day of declines in new cases, though government officials have warned the worst of the crisis is yet to come.U.K. Prime Minister Boris Johnson was taken to a h...
Tags: Apple, South Korea, Europe, Japan, England, New York, Milan, News, Wales, Congress, Abc, Navy, Youtube, Washington, France, Scotland


Foursquare merges with Factual

Foursquare, the 10-year-old location platform based in New York City, has today announced its plan to merge with Factual. The terms of the deal were not disclosed. The merged company will keep the Foursquare moniker, and Foursquare CEO David Shim will remain at the helm, with Factual’s founder and now-former CEO Gil Elbaz joining Foursquare co-founder Dennis Crowley as a member of the board and executive team. Shim confirmed to TechCrunch that this merger was in the works before the coronavir...
Tags: Google, Fundings & Exits, Startups, TC, Facebook, Apps, New York, Advertising Tech, New York City, Tech, Factual, M&a, Mergers and Acquisitions, Upfront Ventures, Foursquare, Sdk


New York City bans Zoom in schools citing security concerns

As schools lie empty, students still have to learn. But officials in New York City say schools are not permitted to use Zoom for remote teaching, citing security concerns with the video conferencing service. “Providing a safe and secure remote learning experience for our students is essential, and upon further review of security concerns, schools should move away from using Zoom as soon as possible,” said Danielle Filson, a spokesperson for the New York City Dept. of Education. “There are man...
Tags: Security, Apps, Microsoft, Privacy, China, Fiction, New York City, Articles, Tech, Spokesperson, Brooklyn, Video Conferencing, Zoom, Cyber Command, Teleconferencing, Dept of Education


Y Combinator Company 'Flexport' Is Shipping PPE To Frontline Responders

The Y Combinator company Flexport is a San Francisco-based freight-forwarding and customs brokerage company. (Its investors include Google Ventures and Peter Thiel's Founders Fund.) But on March 23rd Flexport announced they were now re-focusing all their resources to get critical supplies to frontline responders combating COVID-19. They've joined a team that announced on Friday announced "we're shipping full cargo planes filled with PPE to protect frontline responders," citing a partnership wi...
Tags: New York, California, New York City, America, San Francisco, Tech, Shanghai, Peter Thiel, Arnold Schwarzenegger, Sfo, Google Ventures, United Airlines, Flexport, Brooklyn NY, Los Angeles California, San Francisco International Airport


‘Home Before Dark’ Showrunner Dana Fox and Director Jon M. Chu on Making Dark Subject Matter Accessible [Interview]

Director Jon M. Chu has built his career making mostly bright, poppy entertainment like Step Up 3D, Jem and the Holograms, Crazy Rich Asians, and the upcoming In the Heights. But he’s dipping into darker territory in Home Before Dark, a new AppleTV+ drama which hails from creators/showrunners Dana Fox (New Girl) and Dara Resnik (Daredevil). It’s a mystery series centering on 9-year-old journalist named Hilde Lisko, played by The Florida Project’s Brooklynn Prince, and inspired by a real-life ki...
Tags: Featured Stories Sidebar, AppleTV, Drama, Features, Interviews, Mystery/Suspense, Brooklynn Prince, Dana Fox, Home Before Dark, Jim-Sturgess


Join prolific enterprise/SaaS seed investor Jonathan Lehr April 6 at 2pm EDT for a live conference call

It’s a tough fundraising environment out there, but one of the few glimmers of hope lies in the enterprise and SaaS markets. Critical customer problems + recurring revenues is probably where you want to be right now to weather the storm that’s hitting the startup world these days. That’s why we are excited to bring prolific enterprise seed investor Jonathan Lehr onto TechCrunch for a live conference call this coming Monday, April 6 at 2pm EDT. For Extra Crunch members, the Zoom dial-in informati...
Tags: TC, New York, New York City, Tech, Tamr, Alex Wilhelm, Jon, Lehr, X.ai, Cockroach Labs, Jonathan Lehr, Socure, Backtrace, Work-Bench, Extra Crunch, NY Enterprise Technology Meetup


Coronavirus: Brand Moves for Thursday April 2

In China, the biggest public health crisis in two decades has enticed 3,000 newcomers to the Personal Protective Equipment industry this year, according to the Sina news portal, adding to a field of 4,000 who produced 4.2 billion face masks last year or half the world’s output, according to government data. Among the ‘new’ entrants are a clutch of juggernauts – car makers BYD and SAIC-GM-Wuling, iPhone assembler Foxconn and oil and gas producer Sinopec. BYD chairman and founder Wang Chuanfu led...
Tags: Google, Verizon, UK, New York, London, Adobe, Rihanna, California, Jay Z, China, New York City, Israel, Advertising, US, America, Los Angeles


Amazon recently hosted job fairs and new-hire orientations where groups of up to 70 people were reportedly packed into one room (AMZN)

Amazon hosted large events like new hire orientations and job fairs while the coronavirus was spreading across the US, according to Bloomberg.  At one event, as many as 70 attendees were reportedly crowded into one room. One man who raised concerns told Bloomberg he was ridiculed by an Amazon manager.  The Centers for Disease Control and Prevention advises keeping distance between yourself and others and canceling all gatherings of more than 50 people.  Amazon is hiring 100,000 delivery and wa...
Tags: Apple, Amazon, Cdc, Oregon, New York City, US, Trends, Bloomberg, Chicago, Wisconsin, Ohio, Detroit, Centers For Disease Control And Prevention, Jeff Bezos Blue Origin, AMZN, Spencer Soper


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Wednesday. Apple has acquired the weather app Dark Sky, and will shut down the Android version. Dark Sky's creators initially pitched the app on Kickstarter and raised just shy of $40,000 to build it. Palantir is reportedly providing software to help the CDC track the coronavirus pandemic. Palantir's software uses data from hospitals and public health agencies — such as test results, bed capacity, and ventilator supply — to give the CDC...
Tags: Apple, Amazon, UK, Yahoo, California, Cdc, Softbank, New York City, US, Trends, Bloomberg, Netflix, Xerox, Beverly Hills, WeWork, Jeff Bezos


The Empire State Building’s new siren display is freaking people out

Meant to honor health and emergency workers amid the crisis, the latest display of lights at New York City's most iconic property didn't land quite as expected.
Tags: Twitter, Technology, New York City, Lifestyle, Radio, Alicia Keys, Empire State Building, Nyu, Markets & Economy, News Brief, Empire State Realty Trust, Debbie Mia


Explore the Entire World–from the Comfort of Quarantine–with 4K Walking Tours

Many of us right now are sheltering in place, or in quarantine, dreaming of that day when we can once again travel the world. And that day will come, friends, that day will come. But until then, there are already several YouTube channels set up to provide you with a chance to go on walking tours around the world, with only the sounds of the environment in your headphones. I was alerted to this by good friend Phil Gyford, who found this via Sarah Pavis (via FaveJet), and provided several ...
Tags: Google, London, College, Stanford, Russia, New York City, Italy, Brazil, Shinjuku, Bangkok, Tuscany, Facebook Twitter, Falls Church Virginia, West End of London, Elmo, MRT


Free-associating at the speed of Google: notes on video analysis

Recently, while sitting at home, bored, I came up with a what might be a new way to write (of a sort) while using the Google and Youtube search. I start with a video that I like (and it helps if you have seen a lot of movies as I have), and then I study the video's mise en scene.For instance, take this Taylor Swift video "Look What You Made Me Do":Swift keeps finding ways to convey a sense of her resurrections after the media onslaughts, the paparazzi, and the general mass air of criticism and ...
Tags: Google, Facebook, Twitter, Movies, Taylor Swift, New York City, Cia, Petersen, Lupita Nyong, Jolie, Houdini, Anne Helen Petersen, The Film Doctor, Evelyn Salt Jolie, Orlov Daniel Olbrychski, Peabody Chiwetel Ejoifor


Rebecca Minkoff has some advice for e-commerce companies right now

When Rebecca Minkoff first moved to New York City, the then-18-year-old was making $4.75 an hour. “I just kept working for this designer and someone was telling me what to do every day. I just didn’t like that. And I thought if I’m going to work as hard, it’s going to be for myself and I want to call my own shots,” she said. “I didn’t want to be told what to do, frankly.” Self-employment for Minkoff turned out just fine; in 2001, she redesigned the iconic “I Love New York” shirt and it appear...
Tags: Startups, TC, Ecommerce, Fashion, New York, Instagram, New York City, Tech, E-commerce, Designer, Fundraising, Retail, Apparel, Rebecca Minkoff, Growth, Minkoff


Former Sun Micro CEO Scott McNealy, known for his provocative quotes, says Trump is doing a 'spectacular job' amid the coronavirus crisis. That's not how many tech experts see it.

Scott McNealy, former CEO of Sun Microsystems who was famous for his provocative statements, praised President Trump's handling of the coronavirus crisis saying, "He's doing a spectacular job." McNealy also said he is glad a business leader is in charge, arguing that, "The worst CEO is 1,000 times better than the best politician." McNealy also expressed concerns about the duration of the shelter-in-place policy in California where he lives, arguing it could lead to the erosion of individual ri...
Tags: Apple, New York, Hollywood, Microsoft, California, Stanford, White House, New York City, US, Trends, Bill Gates, Larry Ellison, Steve Ballmer, Peter Thiel, US Senate, Silicon Valley


Ways to digitize every stage of your sales funnel during the pandemic

The coronavirus pandemic is forcing agents to do much more of their previously face-to-face business over a computer. Here are a few novel ways to make it work.
Tags: Facebook, Real Estate, Technology, Minnesota, Youtube, Listings, New York City, Marketing, Linkedin, Computer, Radio, Agent, Compass, Google Hangouts, Matterport, Interior Design


The Station: Bird and Lime layoffs, pivots in a COVID-19 era and a $2.2 trillion deal

Hello folks, welcome back (or hi for the first time) to The Station, a weekly newsletter dedicated to the all the ways people and packages move around this world. I’m your host, Kirsten Korosec, senior transportation reporter at TechCrunch. I also have started to publish a shorter version of the newsletter on TechCrunch . That’s what you’re reading now. For the whole enchilada — which comes out every Saturday — you can subscribe to the newsletter by heading over here, and clicking “The Stat...
Tags: Food, Travis Vanderzanden, Europe, New York, Australia, Washington, China, New York City, Tech, Austin, Munich, Automotive, House Of Representatives, Healthcare, Venture Capital, Tencent


Fire Up the Fox News Crack Pipe

Possums for Sale, New York City, 1916. Americans look down their nose at the fraying ends of other cultures, with little reflection on our own.In America, we hunt and eat every kind of wild animal, including animals so similar to humans they are used as body part replacements for living people.You did not know?Now you doThey eat snake in country XYZ?They eat snake in America too (as well as giant lizards).They eat rat in country XYZ?We do too. We even have Muskrat beauty queens, Nutria fe...
Tags: Google, Pets, New York City, America, Hopi, PBurns, Fox News Crack Pipe, Chippewa Choctaw Cherokee Sioux Navajo


Newsom Takes New Tone With Trump As He Steers California During Coronavirus Crisis

(CNN) — For Gavin Newsom, the call that triggered California’s full crisis response came in the middle of the night on March 6, and he was waiting for it. The state’s lab had been working through the night, and one of his cabinet secretaries was on the line telling him 21 of the 42 crewmembers and passengers tested for coronavirus aboard the Grand Princess Cruise Ship, which was idling in international waters off California’s coast, had tested positive. Newsom hung up and immediately called Dona...
Tags: Apple, Politics, New York, News, Abc, California, Washington, New York City, US, California News, Sacramento, America, Los Angeles, San Francisco, Bank Of America, Cnn


Apple just released a COVID-19 app backed by the CDC that tells you whether to quarantine or get tested — here's how it works (AAPL)

Apple released a COVID-19 screening app Friday in collaboration with the CDC and the White House. The app, called Apple COVID-19, tells people whether to take measures like social distancing or seek out a coronavirus test based on their answers to a survey. It also connects people to health resources near them and guidance from the CDC. Visit Business Insider's homepage for more stories. Apple released a new COVID-19 screening app Friday that tells people whether to social distance, quarantin...
Tags: Apple, Amazon, Cdc, White House, China, New York City, Trends, Alibaba, App Store, Center for Disease Control and Prevention, Siri How, COVID


How child care startups in the U.S. are helping families cope with the COVID-19 crisis

The COVID-19 pandemic has upended the lives of billions of people around the world. For many parents with young children in the United States, shelter in place orders implemented in different areas over the past few weeks mean they now spend each day balancing work with taking care of their families. For child care providers, a vital but often underappreciated part of the American economy, the crisis means dealing with economic uncertainty, but also adapting to serve new roles, including providi...
Tags: Startups, TC, Texas, Families, Colorado, Cdc, Montana, Child Care, Boston, Massachusetts, New York City, Beck, America, Tech, Childcare, United States


88 Out of Top 200 US Cities Have Seen Internet Speeds Decline This Past Week

An anonymous reader quotes a report from TechCrunch: The impacts of telecommuting, shelter-in-place laws and home quarantines resulting from the COVID-19 outbreak are starting to impact broadband speeds across a number of U.S. cities, a new report has found. According to broadband analysis site BroadbandNow, 88 out of the top 200 most populous U.S. cities analyzed have now experienced some form of network degradation over the past week, compared with the 10 weeks prior, as more people are going ...
Tags: New York City, US, San Francisco, Tech, Austin, Seattle, San Jose CA, Oxnard, Winston Salem NC, LA Chicago Brooklyn


Private tech companies mobilize to address shortages for medical supplies, masks and sanitizer

Startups across the nation and around the world are looking for ways to relieve shortages of much-needed personal protective equipment and sanitizers used to halt the spread of COVID-19. While some of the largest privately held technology companies, like SpaceX and Tesla, have shifted to manufacturing ventilators, smaller companies are also trying to pitch in and relieve scarcity locally. Supplies have been difficult to come by in some of the areas hardest hit by the outbreak of the novel corona...
Tags: Food, TC, Spacex, New York, Technology, Kentucky, Massachusetts, New York City, Articles, Los Angeles, San Francisco, Tech, Tesla, Canada, United States, 3d Printing


Don’t Worry, America, Jared Kushner Is Going to Save You From COVID-19

Wednesday, during the latest installment of his daily briefings that have become must-see TV, New York Gov. Andrew Cuomo said he spoke with Jared Kushner. You know Kushner—the president’s son-in-law. The president's son-in-law is a member of the president’s COVID-19 taskforce, but he is not a doctor or an elected official. In fact, Jared has no experience handling pandemics, or any medical background whatsoever. Jared Kushner doesn’t know about science or medicine but Cuomo must appeal to hi...
Tags: Google, Facebook, New York, News, White House, New York City, America, Harvard, Middle East, Times, Andrew Cuomo, Donald Trump, Peter Dutton, Anthony Fauci, Vanity Fair, Jared


Elon Musk says Tesla's New York Gigafactory will reopen and start producing ventilators 'as soon as humanly possible' (TSLA)

Tesla CEO Elon Musk says the company's New York Gigafactory will reopen "as soon as humanly possible" to begin ventilator production. Musk made the remarks on Twitter after previously tweeting that his company would help make ventilators if there were to be a shortage. New York has been hit particularly hard by the coronavirus, with 285 deaths and more than 30,000 cases. Visit Business Insider's homepage for more stories. Tesla CEO Elon Musk says the electric car maker's Gigafactory facility...
Tags: Apple, Facebook, Elon Musk, New York, California, White House, New York City, US, Trends, Tesla, Tim Cook, Bill De Blasio, Andrew Cuomo, Musk, Tesla CEO Elon Musk, Watch Google


88 out of top 200 U.S. cities have seen internet speeds decline this past week, 3 cities by more than 40%

The impacts of telecommuting, shelter-in-place laws, and home quarantines resulting from the COVID-19 outbreak are starting to impact broadband speeds across a number of U.S. cities, a new report has found. According to broadband analysis site BroadbandNow, 88 out of the top 200 most populous U.S. cities analyzed have now experienced some form of network degradation over the past week, compared with the 10 weeks prior, as more people are going online to work from home, video chat, and stream mov...
Tags: Amazon, TC, Europe, New York, Washington, New York City, San Francisco, Tech, Austin, Netflix, Miami, Nashville, San Jose, Rochester, Houston, Kansas City



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