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TechCrunch 06/03/2020 14:48
Monzo, the U.K. challenger bank, continues to be faced with tough decisions linked to the coronavirus crisis and resulting economic downturn. Following the shuttering of its Las Vegas-based customer support office and almost 300 staff being furloughed in U.K., the company has announced internally that up to 120 U.K. staff are being made redundant. Reuters […]
TechCrunch 06/03/2020 12:32
Zoom’s latest earnings report was even better than expected, SoftBank announces a new fund to invest in founders of color and Google pulls a trending app that targets apps from China. Here’s your Daily Crunch for June 3, 2020. 1. Remote work helps Zoom grow 169% in one year, posting $328.2M in Q1 revenue Zoom’s […]
TechCrunch 06/03/2020 12:19
CES 2020 barely made it in under the wire, before COVID-19 gripped the world. The following month, Barcelona’s MWC was ultimately shut down, as the pandemic began to move across Europe. That was the first of many dominoes to fall, as events were either taken online or canceled altogether. Seems CES won’t miss a beat, […]
TechCrunch 06/03/2020 12:02
Snap today announced the global expansion of its new advertising product, Dynamic Ads. The ad product first introduced last fall allows advertisers to automatically create ads in real-time, using the brand’s extensive product catalogs. Snap provides a variety of mobile-ready templates for advertisers to choose from, then serves the ads to Snapchat’s 229 million daily […]
TechCrunch 06/03/2020 08:21
Lili, a startup building banking products to meet the needs of freelance workers, is announcing that it has raised $10 million in seed funding. The startup takes its name from its founders, CEO Lilac Bar David and CTO Liran Zelkha, who previously founded Israeli challenger bank Pepper. Bar David told me that while many neobanks have […]

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