Jonathan Shieber, TechCrunch

Jonathan Shieber

TechCrunch

New York, NY, United States

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Recent articles by Jonathan:

Duke University uses vaporized hydrogen peroxide to clean N95 face masks for reuse –

With shortages of N95 face masks persisting nationwide, healthcare facilities are scrambling to find ways to clean and treat the masks for reuse to protect doctors and nurses most at risk of exposure to COVID-19. Duke University thinks it has found a solution using vaporized hydrogen peroxide to decontaminate the masks. The process uses specialized […] → Read More

It looks like Brandon Middaugh is heading up the $1B Microsoft climate fund –

Earlier this year, Microsoft made waves in the corporate community by coming out with one of the most ambitious and wide-ranging strategies to reduce carbon emissions from the company’s operations. Part of that plan was a $1 billion fund that would invest in climate change mitigation technologies — specifically focused on decarbonization. At the time, […] → Read More

Los Angeles-based Ficto launches its Quibi competitor — with Niantic as a content partner –

Consumers now have their first chance to sample the wares of a short-form streaming service — and it’s not Quibi. Ficto, a streaming service without a paywall offering interactive dramas, film adaptations, comedies, documentaries, talk shows, game shows, and news, is now live on iOS and Android. The company’s entertainment is designed to be interactive with live-streaming, geo-location, […] → Read More

Stocks fall sharply Friday morning as the mid-week recovery falls short –

The major American stock market indices are down sharply this morning at the open, with stocks falling after a multi-day rally helped shave some losses off their calendar-year results. So far, 2020 has proven to be a toxic year for publicly traded equity, as a decade-long bull market collided with a global pandemic and stark […] → Read More

Stocks shoot upward as ‘Phase Three stimulus passes Senate and unemployment skyrockets –

Stocks soared on Thursday even as the US reported its worst unemployment numbers in fifty years of tracking data. The pain felt on Main Street is offset for investors by the Federal government opening its wallet to Wall Street, businesses and (at some point) workers in the form of the $2 trillion stimulus package designed […] → Read More

TechCrunch’s favorite companies from 500 Startups’ latest demo day –

Today 500 Startups hosted a virtual demo day for its 26th batch of startups, a group of companies that TechCrunch covered back in February. 500 is not the only accelerator that moved its traditional investor pitch event online; Y Combinator made a similar move after efforts to flatten the spread of COVID-19 required changes that […] → Read More

500 Startups moves to rolling admissions instead of cohorts –

500 Startups is scrapping its cohort model for accelerating companies and moving to a rolling admissions process, the accelerator said during its latest demo day. One of the progenitors of the accelerator model in the US along with Techstars and Y Combinator, 500 has been a cornerstone of the early-stage company building platform. The move […] → Read More

3D-printing company Formlabs expects its swabs to receive FDA exemption –

Formlabs, the privately held, Massachusetts-based 3D-printing company, will soon receive an exemption from the U.S. Food and Drug Administration for its swab designed for use in COVID-19 test kits, TechCrunch has learned. Global supply chains for test kit components including swabs and chemical reagents have hampered the ability of governments to increase testing to a […] → Read More

Financial markets may be sliding globally, but interest in stock trading apps soars –

The stock markets are having a very rough month, but interest in stock trading apps is skyrocketing, according to data from industry trackers and companies themselves. Across the board from speculative stock trading apps from startups like Robinhood to savings-focused investment applications like Acorns and established companies like Etrade, would-be investors are turning to trading […] → Read More

Wall Street roars on news of potential stimulus deal, Trump hints at opening economy –

Wall Street came roaring back Tuesday with all major indices rising on a potential deal between Senate Democrats and Republicans to approve a new stimulus package and suggestions from President Donald Trump that the economy would reopen sooner rather than later. In a Monday evening press conference from the White House, Trump hinted that emergency […] → Read More

With the real estate industry facing headwinds, SoftBank-backed Compass lays off 15% of staff –

Compass, the real estate brokerage startup backed by roughly $1.6 billion in venture funding, has laid off 15% of its staff as a result of the shifting economic fortunes created by the global response to the novel coronavirus pandemic, according to an internal email seen by TechCrunch. Citing economic fallout that has seen stock markets […] → Read More

VidCon joins the list of events canceled by COVID-19 –

If you heard the collective grieving shriek of a thousand Instagram influencers, YouTubers, and their followers, it’s because VidCon has been canceled. It’s the latest mega-event to fall prey to the social distancing measures put in place to reduce the spread of COVID-19. In a statement, the conference organizers said: VidCon is dedicated to delivering […] → Read More

Goldman Sachs predicts brutal second quarter as unemployment spikes above 2 million –

Even as the Trump Administration calls for states to not release unemployment data for the month of March, Goldman Sachs on Thursday issued its own predictions on the jobs market and the broader health of the U.S. economy on Friday. The financial services giant is predicting unemployment claims to spike to just over 2 million […] → Read More

Gaming company Scopely adds $200 million more to its M&A stockpile –

Scopely, the mobile gaming publisher behind titles including Marvel Strike Force, Scrabble Go, Yahtzee with Buddies, and Star Trek Fleet Command, has added another $200 million to its hoard of cash for mergers and acquisitions. While some startups are fearing a cash crunch, other businesses seem to be preparing to go on a shopping spree. […] → Read More

Stocks rise after mixed day, with tech leading and SaaS outperforming –

The wild ride that has been U.S. stock market over the past couple of weeks may be settling down — at least for the moment — from the whiplash-like swings that helped set global markets on edge. The new economic normal that the pandemic has brought to countries across the world seems to be settling on […] → Read More

Wondering if venture capital is open for business? A new initiative has investors saying yes –

A new initiative from a Los Angeles investor is taking stock of venture firms and their ability to commit capital in an effort to match firms that are still open for business and cutting checks to startups that are fundraising in the age of COVID-19. Laurent Grill, one of the investors at Luma Launch (which […] → Read More

Markets are mixed in morning trading as industries adjust to the new normal –

After yesterday’s news that the U.S. automakers would temporarily close their doors and the US President Donald Trump invoked the Defense Production Act to shift manufacturing capacity to meet equipment shortages, trading on the major markets was mixed investors adjust to a global slowdown in trade. Warnings regarding the current economic situation are coming fast, […] → Read More

The Dow and S&P near three-year lows, Nasdaq falls as well, and treasuries are no haven –

It was another brutal day on Wall Street as investors continue to come to grips with the new economic realities imposed by the COVID-19 outbreak in the U.S. Both the Dow Jones Industrial Average (DJIA) and the S&P 500 are scraping near their lowest point in the last three years, brushing their lowest numbers since […] → Read More

US stocks open lower, erasing recent gains and plunging shares deeper into bear territory –

The rollercoaster ride of equity markets continues as all of the major stock indexes opened sharply lower one day after President Donald Trump announced the intention to push through a sweeping aid package — including the potential for a direct payout to most American workers. Domestic indexes had risen sharply on Tuesday, but market volatility […] → Read More

SoftBank reportedly balks at commitment to buy $3B in shares from WeWork shareholders –

The Wall Street Journal is reporting that SoftBank Group is using regulatory investigations as a way to back out of its commitment to buy $3 billion in shares from existing WeWork shareholders. WeWork’s spectacular train wreck of an initial public offering was an early harbinger that the good times might be over for a cohort […] → Read More