SmallBusinessUpdate

You’ve Got To Bail Everyone Out, Says Barry Diller
"You've got to bail everyone out," says Expedia and IAC Chairman Barry Diller. "This is like when you're picking losers and winners. Everybody is in the sa...
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Cantor Fitzgerald Initiates Coverage of Zoom, Slack With Bullish Outlook
Financial services firm Cantor Fitzgerald has initiated coverage of Zoom and Slack, giving both an Overweight rating....
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Mark Cuban: Some Banks Actively Not Taking PPP Loan Applications
“There are some banks who are actively trying not to take applications and to minimize the number of loans they make through the program,” says investor Ma...
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Microsoft Continues Cloud Hiring, Freezes Other Areas
As the global pandemic continues to take its toll, Microsoft is freezing hiring for many roles, but is continuing to hire for its...
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Grubhub Rolls Out $30 Million Stimulus To Restaurants
“A $250 payment per restaurant (from Grubhub) doesn't sound like a lot but it's going to be a huge difference,” says...
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Google Donating $800 Million to Small Businesses Amid Crisis
With the fate of many small businesses on the line, Google is donating some $800 million to assist small businesses during the economic crisis....
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Slack CEO: We’ve Seen an Enormous Surge
“In the first 60th percent of this quarter added 9,000 new paid customers,” says Slack CEO Stewart Butterfield. “That's a net number. This is compared to 5...
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Waves of Job Losses For 2.2 Million Startup Employees, Says VC Group
According to a report on CNBC, startups may not get government money from the coronavirus relief bill if they have already taken venture capital or private...
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Coronavirus: Latest Tool in the Fight: 3D Printing
As hospitals and medical facilities struggle to have enough equipment in the face of the coronav...
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Coronavirus: Microsoft Throttling Non-Essential Office 365 Features to Cope With Demand
As more work-from-home users rely on Office 365 during the coronavirus pandemic, Microsoft is...
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Coronavirus: Google Will Show Businesses That Are Temporarily Closed
As more restaurants, bars and businesses close in an attempt to blunt the spread of the coronavi...
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Google Buying Tech Startup Pointy To Help Businesses List Inventory Online
Google is doubling down on its efforts to make inroads in the retail mark...
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Verishop CEO On Competing With Amazon: “It’s Not a Zero Sum Game”
“The market narrative is always it's a zero-sum game,” says Imran Khan, co-founder and CEO of Verishop, a new Amazon competitor launching soon. “You are co...
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Amazon VP Says 58% of Sales Come From Small Businesses
“Over 50% of everything that gets sold on Amazon actually comes from small and medium-sized businesses.,” says Amazon’s VP of Small Business, Nick Denissen...
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