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Day to day Crunch: Verizon buys videoconferencing firm BlueJeans

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Day to day Crunch: Verizon buys videoconferencing firm BlueJeans

Verizon makes a move into videoconferencing, Jeff Bezos discusses a plan to test Amazon employees for COVID-19 and Apple is reportedly working on new over-ear headphones. Here’s your Daily Crunch for April 16, 2020. 1. Verizon is buying b2b videoconferencing firm BlueJeans TechCrunch’s parent company is buying veteran videoconferencing platform BlueJeans Network — shelling out less…

Day to day Crunch: Verizon buys videoconferencing firm BlueJeans

Verizon makes a switch into videoconferencing, Jeff Bezos discusses a notion to ascertain Amazon staff for COVID-19 and Apple is reportedly engaged on unusual over-ear headphones. Right here’s your Day to day Crunch for April 16, 2020.

1. Verizon is procuring for b2b videoconferencing agency BlueJeans

TechCrunch’s guardian firm is procuring for outmoded videoconferencing platform BlueJeans Community — meting out much less than $500 million on the acquisition, in step with the Wall Boulevard Journal. (A Verizon spokeswoman confirmed that the value-keep is sub-$500 million however didn’t present a extra staunch resolve.)

“Customers will possess pleasure in a BlueJeans finishing up-grade video expertise on Verizon’s excessive-performance global networks,” the firm said in a press open. “As successfully as, the platform will probably be deeply integrated into Verizon’s 5G product roadmap, offering true and staunch-time engagement alternate choices for excessive development areas much like telemedicine, distance studying and self-discipline service work.”

2. Bezos petite print Amazon’s COVID-19 making an are trying out plans in shareholder letter

Jeff Bezos dropped Amazon’s annual shareholder letter at the unusual time, which contains extra data on the Amazon-built making an are trying out labs that possess been supplied closing week. Bezos said the firm is brooding about “in fashion making an are trying out of all Amazonians, including those showing no symptoms.”

3. Apple said to be engaged on modular, excessive-end, noise-cancelling over-ear headphones

Bloomberg experiences that Apple is increasing its dangle competitors to stylish over-ear noise-cancelling headphones like those made by Bose and Sony, however with an identical technology to that outmoded in the AirPod and AirPod Expert strains.

4. Unicorn layoffs take care of piling up because the financial system will get worse

Yesterday, news broke that a trio of necessary, heavily-backed unicorns — Carta, Zume and Opendoor — possess been cutting again crew.

5. Punitive liquidation preferences return to VC — don’t attain it

VC Pascal Levensohn says that plenty of of his most up to date portfolio corporations possess no longer too lengthy previously proposed “emergency bridge” convertible remark financings of between $5 million and $15 million, every featuring a painful feature for non-participants. (Extra Crunch membership required.)

6. DoD Inspector Frequent file finds the entirety was as soon as in total hunky-dory with JEDI cloud contract remark

While controversy has dogged the $10 billion, decade-lengthy JEDI contract since its earliest days, a file by the Department of Defense’s Inspector Frequent’s Workplace concluded that the contract procurement course of was as soon as dazzling and correct.

7. Google Play provides a ‘Instructor Authorized’ portion to its app retailer

All apps camouflage on this portion are vetted by a panel of reviewers, including extra than 200 lecturers across the U.S., and meet Google’s unusual requirements (round govt law and promoting) for its “Designed for Households” program.

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