“The delayed WeWork IPO and COVID-19 pandemic has definitely made funding a little harder to raise than in previous rounds,” Stephanie Ping, WORQ CEO and co-founder told Vulcan Post. “Investors are much more discerning in this environment and demand solid numbers and conduct heavy due diligence on our business model. …
Read More »S’pore-Based Fintech Startup GoBear Lays Off 22 Staff Despite Recent US$17M Funding
Singapore-based fintech startup GoBear announced yesterday (1 September) that it would be retrenching 22 employees due to the Covid-19 pandemic. This makes up 11 per cent of GoBear’s total workforce of 200 employees. The affected employees are from GoBear’s operations, product and technology teams. Out of the 22 employees, six …
Read More »This 40-Year-Old Durian Stall In S’pore Opened A Durian Pastry Cafe Despite COVID-19
Singaporeans have an undying love for durians despite its reputation of being a ‘stinky’ fruit. Maybe that’s why Ah Seng Durian has the confidence to open not only a second outlet, but also a durian cafe in the middle of the COVID-19 pandemic. This infamous durian stall just launched its …
Read More »Survey: 30% of Americans Think 2020 is an Ideal Time to Buy a Home, Despite Record Unemployment
The economic outlook in the U.S. isn’t so hot right now. A record-breaking number of Americans filed unemployment claims in recent months, the stock market is all over the place and the hits from the COVID-19 pandemic just keep coming. But despite the economic turmoil, a surprising number of Americans …
Read More »Why S’pore Is Sticking With The TraceTogether App Despite Concerns On Its Effectiveness
On 20 March 2020, the Government Technology Agency (GovTech) of Singapore released TraceTogether which uses Bluetooth technology to alert users if they have been in contact with COVID-19 patients. The app was built to augment existing contact tracing efforts so that authorities can quickly identify and quarantine close contacts of COVID-19 patients. …
Read More »One Tough Cookie: How Famous Amos Weathered The COVID-19 Pandemic Despite Falling Revenue
The very picture and taste of the iconic traditional chocolate chip cookie Famous Amos has become synonymous with the crunchy delights it peddles. In fact, when a Malaysian woman claimed to crack the secret Famous Amos recipe earlier this year, the Internet went absolutely wild. The company remains unfazed however. …
Read More »Coronavirus Live Updates: Despite Masks’ Proven Value, Some U.S. Leaders Avoid Mandates
Here’s what you need to know: As the science on masks’ effectiveness mounts, so does the U.S. debate on mandates. Trump calls Fauci ‘a little bit of an alarmist,’ the latest salvo of White House criticism. Testing delays are complicating efforts to slow the spread of the virus. Several Chinese …
Read More »PC shipments grew 3-11% in Q2 2020 despite coronavirus
VB Transform The AI event for business leaders Hosted Online July 14 – 17 Register Today After years of bad news, PC shipments saw growth in 2019, only to have the coronavirus pandemic cut the celebration short in Q1 2020. Now for some good news: The PC market grew between …
Read More »Despite Big Promises, U.S. Has Delivered Limited Aid in Global Virus Response
WASHINGTON — The Trump administration has lauded itself as leading the world in confronting the coronavirus. But it has so far failed to spend more than 75 percent of the American humanitarian aid that Congress provided three months ago to help overseas victims of the virus. In two spending bills …
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