Category: UNCATEGORIZED

There are no free market fanatics on corporate boards the moment the economy wobbles. Today makes the point, with stocks shooting higher on the back of news that a sweeping federal package of aid and stimulus should soon pass Congress. The goal of the financial package is to blunt the impact of COVID-19-related market disruptions that have led to mass layoffs, and an economy expected to slip into recession.

Today in regular hours the Dow Jones Industrial Average (DJIA) led American indices by climbing over 10%. It was the best day for the venerable Dow since the 2008 crisis in percentage terms, though the index has posted sharper declines in percentage terms in recent days.

Its kin also rose, if less. Here’s the day’s results:

• DJIA: rose 11.37% to 20,704.91
• S&P 500: rose 9.38% to 2,447.33
• Nasdaq composite: rose 8.12% to close at 7,417.86

SaaS shares, as tracked by the BVP Nasdaq Emerging Cloud Index, rose about 7.2% on the day. Bitcoin saw its value jump by 5% in the last 24 hours, and is worth about $6,600 as of the time of writing. The day may not meet the criteria for a market melt up, but it certainly was a welcome respite from recent weeks’ declines.

The next test for the American public markets comes tomorrow. After posting huge gains today, can they be retained? In the past dozen trading sessions, there has been a market habit worth noting in which any sharp action — up or down — was met with a similar, opposite result the following day. Call it Newton’s third law of stonks.

Ride-hailing get a boost

Lyft and Uber were lifted by the broader gains across all major indices. Lyft rose 19.68% to $27.06, while Uber shares increased 17.81% to $27.38. The companies saw increases even as the ride-hailing industry faces continued pressure amid the spread of COVID-19. Both companies have seen a decline in demand, prompting a shift towards delivery and partnerships with non-profit organizations to provide transportation services to health care workers and others who need it during the pandemic.

On Monday, Uber CEO Dara Khosrowshahi sent a letter to the White House, asking lawmakers to include protection and financial support for gig workers in the COVID-19 stimulus packages. Khosrowshahi also argued that there needs to be a third employment classification for gig workers that “would update our labor laws to remove the forced choice between flexibility and protection for millions of American workers.”

Y Combinator’s latest class of startups arrived to a fairly lukewarm public reception last week as the world melted down in the midst of the accelerator’s virtual demo day. While the startups didn’t anticipate launching into mid-pandemic markets, some seem more poised to succeed in this new environment than others.

For the past several weeks, I’ve been playing around with one of those startup’s tools. Motion, a free Chrome productivity plugin tries to lead you away from visiting sites that you feel aren’t great for your productivity. It was a nice-to-have tool for the weeks preceding SF’s shelter in place government mandate, but since I’ve started working from home full-time all-the-time forever, the tool has become a welcome way to separate my for-work online browsing and the for-boredom online browsing after 6pm.

A plugin that blocks websites you don’t want to visit is hardly revolutionary. There are plenty of these plugins already, but as is the case with all software, sometimes a few UX advances make all the difference. With Motion, the differentiation is the underlying psychology of the product which eschews the central focus on black lists and white lists, instead promoting the idea of helpful pushes more in spirit with OS-level screen-time apps.

After installing Motion, you can set your productive hours and designate the sites you deem as beneficial and harmful to your productivity. For instance, I wanted to cut out Reddit, Facebook and YouTube from my work-hours browsing. Now, going forward, any time that you type in the URL of an offending website, the plugin will throw you a full-page alert that you can dismiss or temporarily hush.

Telling it that you need a minute will actually toss a countdown timer onto the screen, pushing you to get what you “need” out of Facebook or Reddit. Once that timer runs out, You can extend your abbreviated binge or take the preferred route — clicking a button that closes out the tab. The UX of the app makes room for exceptions but still pushes users to reduce time on those sites, a big differentiator from more absolutist options.

One of Motion’s best features offers a diagnosable snapshot of your web browsing habits when you first open your browser each day. The screen shares the time you spent on each site during the previous day, allowing you to track how the tool has reduced your browsing time on certain sites and identify other URLs that you may also want to block.

Motion as a product is still in its early stages of evolution and I’ve seen a number of improvements over my few weeks of usage, what I’ll be most curious to see is how the founding team shapes the product into a viable business moving forward. The free Chrome plug-in as a service model hasn’t proven itself yet, but the founding team has ambitions for creating paid tiers and enterprise products down the road once the core product has been built out a bit more.

Motion co-founders Omid Rooholfada, Ethan Yu and Harry Qi

The COVID-19 pandemic has already triggered a number of layoffs across industries, from travel companies to scooter startups. But, as a gray footnote to all tragedies, we’re starting to see innovation pop through the cracks — and hopefully help some people, as well.

Back in November, Alexander Taub and Michael Schonfeld launched Upstream, a social media platform for professionals, to a small group of roughly 800 beta testers. The goal was to give folks a place to network and ask for introductions in a more digitally friendly, mobile-first platform than LinkedIn groups. The company counts Hunter Walk of Homebrew, Olivia Benjamin of Bain Capital Ventures and D’Arcy Coolican of Andreessen Horowitz as beta users. The plan was to launch publicly this summer. 

However, as companies have cut staff, the co-founders are launching Upstream to the public earlier than expected, with a specific goal to discuss layoffs from COVID-19. 

“When the coronavirus hit, we were like, oh my god we’re gonna have crazy unemployment,” Taub tells me. “It’s one thing to have a recession depression, but there’s also going to be a zero demand curve because like, we can’t go outside. So this is going to be bad.”

As a result, Taub decided to double down on something he was already seeing happen organically on the platform: job hiring and role recommendations. 

Once a user signs up to the platform, they can join the COVID-19 group. They can then choose what they want to post: looking to hire; looking for a job; or looking to help. Being able to only originate these three types of posts, noted Taub, is part of the reason Upstream is different from a Slack group or LinkedIn.

Once a note is posted, users can directly message other users in the group to follow up on a job posting or warm intro. When I asked Taub how he’s preparing for a potential uptick in usage, he said that “if this blows up…we will put up a gate” to limit the amount of posts that go live each minute. 

Other groups on the platform that are not yet open to the public include Jews in Tech, Business Development and Earlybirds.

Taub said he and Schonfeld launched Upstream with a view to focus on individuals in tech. But in recent months, Taub says he’s noticed group members outside of tech have used it, including small business owners and teachers. 

There has been little innovation in support for layoffs. Most layoff solutions exist in the form of job searching groups on Facebook, communities on Slack and even a plain-old spreadsheet that includes a list of people to hire. Taub is betting that “people want a dedicated place to be more vulnerable…because it’s a little uncomfortable asking for help on Facebook.” 

San Francisco’s Board of Supervisors is pushing a number of legislative bodies to offer more protections and benefits for gig workers during COVID-19 pandemic. As gig workers are still out delivering food to people and providing rides, supervisors are asking the SF Office of Labor Standards Enforcement to establish enforcement procedures in compliance with Assembly Bill 5, which outlines what types of workers can be legally classified as independent contractors.

In that same vein, they’re asking for both SF City Attorney Dennis Herrera and California Attorney General Xavier Becerra to seek injunctive relief to prevent misclassification of workers as they seek paid sick leave and unemployment insurance. Additionally, the board of supervisors wants the Department of Public Health to implement minimum health and safety guidelines for ride-hail drivers and delivery workers. Lastly, they want California Labor Secretary Julie Su to offer guidance around accessing benefits for gig workers during this time.

The supervisors outline how, without help, gig workers “face many uncertainties, including housing and food insecurity, no access to health care, exposure to COVID-19 without safety training, sanitation and protective equipment…” Meanwhile, gig economy companies “continue to flout our state and city laws, leaving their misclassified employees without access to unemployment insurance, paid sick leave, medical benefits, workers’ compensation, and other crucial benefits…”

It’s not that companies like Uber, DoorDash and Instacart have done nothing. Some have offered up to two weeks’ worth of sick leave, for example. But it’s that they’re not doing enough. Meanwhile, there are reports from some rideshare drivers that their requests for paid sick leave are getting rejected. TechCrunch has reached out to Uber to learn more about that.

This resolution, which Gig Workers Rising and We Drive Progress advocated for the board of supervisors to adopt, comes after Gig Workers Rising urged California lawmakers to enforce AB 5. Earlier this month, Gig Workers Rising sent a letter to California Gov. Gavin Newsom and other state officials asking them to step in and protect workers during this pandemic.

The BOS, Gig Workers Rising and We Drive Progress are holding a press conference now. This story is developing…

They’re doing construction in my apartment building right now. I live on the first floor and can hear the distinct sound of jackhammering on concrete coming from the basement below. There’s also the sound of a generator and a far higher-pitched drilling noise. It’s all happening with the perfect combination of frequency and randomness completely designed to drive this work-from-homer completely nuts.

Honestly, I’m generally not a headphones-at-home guy, unless it’s a meeting or a podcast. But being under house arrest with heavy machinery is really wearing on me, and providing an unexpectedly ideal scenario for trying out Sennheiser’s latest fully wireless earbuds.

The landscape has changed considerably since the audio company announced the original Momentum True Wireless models in summer of 2018. Honestly, the speed with which the category has taken off in recent years seems pretty remarkable, both in terms of quality and user adoption.

One key thing that hasn’t changed with the arrival of the True Wireless 2 is Sennheiser’s pricing. For many or most, the earbuds are still prohibitively expensive at $300 a pair (compared to the $230 Sony 1000XM3 or the $240 AirPods Pro). For the majority of folks, the pricing is already going to be a deal breaker. It’s a shame, honestly, because there’s a lot to like.

The presentation is great. I mean, look at that fabric-covered case. It’s certainly on the bulky side, compared to a number of cases, but it’s quite handsome. The earbuds themselves are nothing to sneeze at. They’re also surprisingly comfortable. They don’t have added support like the Powerbeats Pro, but unlike the Sony models, they’re not heavy enough to cause ear strain. As for how they stay in place while exercising — I’m going to have to get back to you on that.

Like the Sony headphones, the sound is really excellent on the True Wireless 2. In fact, it’s among the best and most balanced audio I’ve experienced on a pair of fully wireless earbuds — as one would expect from Sennheiser. Thankfully, the active noise canceling is also quite excellent, accessible with a triple tap on the right ear bud, while a double will toggle Transparent mode, for added ambient sound.

The tapping controls feel a bit convoluted on first use, but you’ll get the hang of it fairly quickly. The biggest complaint I have thus far (beyond pricing) is the spottiness of the wireless connectivity. The Momentums start to lose signal when I walk from my living room to my kitchen. That’s about 30 feet — a distance a majority of other headphones I’ve tried out have had little to no issue with. Not the end of the world for most users, but I’d hope for a more consistent experience at that lofty price point. 

Amazon never tires of explaining how great it is to work at one of its warehouses, but as usual the actual employees tell a different story. This particular group of Chicago workers was fed up with the company failing to provide paid time off or vacation it promised to part-time workers. They organized; Amazon resisted; And at last, the coronavirus acted as tiebreaker.

It’s an interesting first-hand story from workers being exploited by a business and working to change that —  I say exploited not because the work is hard and the pay low, though that’s true too, but because they had to fight to get basic considerations and resources from a company claiming to value their health and welfare.

The group is not a union, but it’s the seed from which unions sprang long ago: workers with a common grievance acting in unison to force management to come to the table. Originally the group formed to make a petition for access to clean water to drink. You read that right! After complaining individually to no effect, they got 150 people to sign the petition, presented it, and soon there were pallets of bottled water available and new water stations being installed.

From this we learned that we get the changes we need by getting organized and taking action together. Since there was still plenty of bullshit to address, we met up again and after some brainstorming decided to name ourselves DCH1 Amazonians United. There’s no union or nonprofit backing us up, it’s just us workers, full of dignity, trying to make ends meet. When we found out that Amazon was denying us the PTO we were supposed to have, we were ready to do something about it.

Amazon promised in writing that workers putting in more than 20 hours would accrue PTO and vacation time, but that simply wasn’t happening. Somehow, the people at the warehouse were a special class of employee that worked more than 20 hours and didn’t accrue PTO and vacation. One way or another something had to change.

After pulling together 251 signatures to a petition demanding PTO and a meeting with their regional manager, they presented it at three separate occasions so each shift could hear management’s response. One manager accepted the petition, another refused to take it. The site lead started isolating workers, telling them they could meet one on one but not as a group with the regional manager. This is labor organization shutdown 101, by the way.

The group heard that a similar group to theirs in Sacramento had walked out, and clearly management did too, as they begin acting nervous about collective action. There was an international meeting of Amazon workers to compare notes and techniques.

Then the coronavirus hit, and across multiple Amazon labor groups petitions were passed demanding protective measures against infection, increased hazard pay and childcare subsidies, and that the company cease withholding sick leave.

In the middle of these growing efforts, Amazon decided to grant PTO to all workers above 20 hours.

Image Credits: DHC1 Amazonians United

In a statement to TechCrunch, the company said that it “has implemented a broad suite of new benefits changes for employees in our operations and logistics network throughout this unprecedented pandemic event,” and that this decision was not due to the agitations of Amazonians United or any other single group. Indeed, it sounds like groups all over the world had to combine and protest these policies together in order for Amazon to take notice. I asked why the PTO was not being given in the first place and have yet to hear back.

The Chicago group was far from alone in its plight, but it took organization and communication for them to find the courage and means to make the changes necessary. Here’s hoping the 100,000 workers Amazon plans to hire benefit from the work of their peers.

Social media companies have been hard at work to make sure they play a helpful rather than harmful role in disseminating news and information about the coronavirus pandemic. Today, Twitter took an extra step beyond its own platform to put its efforts into the wider, already under-pressure world of journalism. Twitter announced that it would be donating $1 million equally between two organizations, the Committee to Protect Journalists and the International Women’s Media Foundation, to further their work specifically related to supporting those reporting on Covid-19.

Organizations like the IWMF and the CJP always play a vital role — respectively in supporting the work of female journalists and in defending all journalists who are working in complicated environments or with tricky subject matter. But it’s in times of crisis that you can especially see how vital their existence is. If you look now on the CJP site, for example, there are a number of stories shedding light on how journalists covering coronavirus news are under threat, particularly in countries where governments are trying to suppress too much negative information passed to the public. It’s a role that is especially urgent to play now, given just how much people are turning to the news and the public service that journalists are playing in getting information out.

The fact is that journalists are in no way immune from the wider theme of the world right now, which is that this global pandemic has drastically altered nearly every aspect of our lives. As Vijaya Gadde noted when announcing the grants, “Right now, every journalist is a COVID-19 journalist.” And given Twitter’s deep link with news, this means journalists’ plights — with some risking their health if not their lives to report stories — are Twitter’s plights. “Journalism is core to our service and we have a deep and enduring responsibility to protect that work.”

Indeed, the larger economic pressures of this public health crisis are a huge blow to journalism, which was already under a lot of financial pressure as a business. To that end, Gadde noted that the funds will be used in some way to help with that, “to ensure these organizations can continue their work in the face of new economic strains and to directly support journalists.”

Twitter is not the first social media organization to donate to journalism. Last week, Facebook also announced two tranches of $1 million each that it was donating respectively to news organizations for coronavirus reporting, and to fact-checking organizations to make sure the content shared on Facebook remains on the straight and narrow when it comes to being accurate.

“We are grateful for Twitter’s generous support. Our efforts at CPJ are focused on ensuring that journalists around the world have the information and resources they need to cover the COVID-19 pandemic safely. And we are pushing back against governments that are censoring the news, and restricting the work of the press. We need timely, accurate information flowing within countries and across borders so that political leaders, health policy experts, and the public at large can make informed decisions at this critical moment,” said Joel Simon, Executive Director, Committee to Protect Journalists (CPJ), in a statement.

“Right now, there is a great need to support our community of journalists covering, and dealing with, this global pandemic. Based on our decades of work with journalists who operate in dangerous and difficult environments, the IWMF understands the critical role that safety and security plays in the industry. Thanks to the incredible support of Twitter, the IWMF will be able to address the needs of our community of journalists more deeply and robustly. By supporting journalists from diverse communities, together we can support the most representative news possible in this evolving time,” added Elisa Lees Muñoz, Executive Director, International Women’s Media Foundation (IWMF), in her own statement.

Apple has released software updates for the iPhone, the iPad, the Apple Watch, the Apple TV and the Mac. The biggest changes are on the iPad. Starting today, you can pair a mouse or trackpad with your iPad and use it to move a cursor on the display.

Apple unveiled trackpad support for iPadOS when it announced the new iPad Pro last week. While the company plans to sell a new Magic Keyboard with a built-in trackpad, you don’t need to buy a new iPad or accessory to access the feature.

When you pair a trackpad and start using it, Apple displays a rounded cursor on the screen. The cursor changes depending on what you’re hovering over. The cursor disappears and highlights the button you’re about to activate. It looks a bit like moving from one icon to another on the Apple TV.

If you’re moving a text cursor for instance, it becomes a vertical bar. If you’re resizing a text zone in a Pages document, it becomes two arrows. If you’re using a trackpad, iPadOS supports gestures that let you switch between apps, open the app switcher and activate the Dock or Control Center.

In addition to trackpad support, iOS and iPadOS 13.4 add a handful of features. You can share an iCloud Drive folder with another iCloud user — it works pretty much like a shared Dropbox folder.

There are nine new Memoji stickers, such as smiling face with hearts, hands pressed together and party face. Apple has tweaked buttons to archive/delete, move, reply and compose and email in the Mail app.

Additionally, Apple added the ability to release a single app binary on all App Stores, including the iOS and Mac App Store. It means that developers can release a paid app on the Mac and the iPhone — and you only have to buy it once.

macOS 10.15.4 adds Screen Time Communication Limits, a feature that already exists on iOS. It lets you set limits on Messages and FaceTime calls.

When it comes to watchOS, version 6.2 adds ECG support for users in Chile, New Zealand and Turkey. Apple now lets developers provide in-app purchases for Apple Watch apps as well.

All updates also include bug fixes and security patches. Head over to the Settings app on your devices to download and update your devices if you haven’t enabled automatic software updates.

Apple has released software updates for the iPhone, the iPad, the Apple Watch, the Apple TV and the Mac. The biggest changes are on the iPad. Starting today, you can pair a mouse or trackpad with your iPad and use it to move a cursor on the display.

Apple unveiled trackpad support for iPadOS when it announced the new iPad Pro last week. While the company plans to sell a new Magic Keyboard with a built-in trackpad, you don’t need to buy a new iPad or accessory to access the feature.

When you pair a trackpad and start using it, Apple displays a rounded cursor on the screen. The cursor changes depending on what you’re hovering over. The cursor disappears and highlights the button you’re about to activate. It looks a bit like moving from one icon to another on the Apple TV.

If you’re moving a text cursor for instance, it becomes a vertical bar. If you’re resizing a text zone in a Pages document, it becomes two arrows. If you’re using a trackpad, iPadOS supports gestures that let you switch between apps, open the app switcher and activate the Dock or Control Center.

In addition to trackpad support, iOS and iPadOS 13.4 add a handful of features. You can share an iCloud Drive folder with another iCloud user — it works pretty much like a shared Dropbox folder.

There are nine new Memoji stickers, such as smiling face with hearts, hands pressed together and party face. Apple has tweaked buttons to archive/delete, move, reply and compose and email in the Mail app.

Additionally, Apple added the ability to release a single app binary on all App Stores, including the iOS and Mac App Store. It means that developers can release a paid app on the Mac and the iPhone — and you only have to buy it once.

macOS 10.15.4 adds Screen Time Communication Limits, a feature that already exists on iOS. It lets you set limits on Messages and FaceTime calls.

When it comes to watchOS, version 6.2 adds ECG support for users in Chile, New Zealand and Turkey. Apple now lets developers provide in-app purchases for Apple Watch apps as well.

All updates also include bug fixes and security patches. Head over to the Settings app on your devices to download and update your devices if you haven’t enabled automatic software updates.

The COVID-19 outbreak has led to record Pinterest usage as people stuck at home increased their searches for things like lesson plans, kids’ crafts, new recipes, and gardening ideas. Last weekend, for example, Pinterest saw more searches and saves globally than any other weekend in its history. And in the U.S., it saw record numbers of Pin sharing, as messages from the “Send a Pin” feature jumped 34%. In light of the increased demand, Pinterest has moved up the launch of its Today tab — a new feature designed to offer a source of daily inspiration.

The Today tab will feature curated topics and trending Pins, making it easier to explore timely ideas, Pinterest explains. That means, right now, you might find something like “Inspiring Work from Home Workspaces” rather than one focused on vacation ideas, for instance.

At launch, the Today section is pulling from trending searches — like kid-friendly baking ideas, self-care tips, family-favorite movies, and comfort food recipes, among other things. These recommendations will be curated by Pinterest’s team, but further down the road, some may come from guest editors.

The company will also soon use the Today tab to offer expert information from the World Health Organization (WHO) and Centers for Disease Control (CDC) on topics like handwashing, mask usage, and other safety tips, during the coronavirus pandemic.

The Today tab will be found at the top of your Home Feed on the app on both iOS and Android in the U.S. and U.K. As it’s just now rolling out, you may not see it right away — but should soon. The plan is to bring it to more countries in time.

Some of the more active countries include France, Spain, and Germany, which all saw record rates of user engagement last weekend. France also saw a 30% month-over-month increase in saves, Pinterest says. While Pinterest didn’t offer a timeline for its next countries to get the new tab, these would be likely candidates.

In addition to the Today tab, Pinterest is also now rolling out what it’s calling “compassionate searches” on the web.

That means when you search for terms like “stress relief” or “calming quotes,” you’ll see options that point you to a collection of well-being activities designed to help you relax that come from expert sources.

Pinterest also says it’s prohibiting ads claiming to offer COVID-19 cures and treatments, or those looking to exploit the crisis. Instead, it has a banner across the site directing users to WHO facts and offers an easy way to report health misinformation on Pins. The company says all misinformation on COVID-19 is removed as it’s in violation of its health misinformation policy, established in 2017.

The Today tab on mobile apps and compassionate search on the web are rolling out today in the U.S. and U.K., with more countries to follow.