TechCrunch Master Template TechCrunch Newsletter
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| Tech companies are donating supplies and adjusting priorities in response to the COVID-19 pandemic, an activist investor takes three seats on the Box board and aircraft taxi company Lilium raises $240 million. Here’s your Daily Crunch for March 23, 2020. |
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| Over the weekend, the CEOs of Amazon, Apple and Microsoft all shared updates regarding some aspects of their companies’ ongoing COVID-19 efforts, which range from donations of medical supplies and personal protective equipment for frontline healthcare workers to software projects that help track and analyze the global spread. For example, Apple CEO Tim Cook shared on Twitter that the company has been attempting to source necessary supplies that are needed for healthcare workers both in the U.S. and Europe, and that the company is providing âmillions of masksâ for this purpose. Meanwhile, Amazon founder and CEO Jeff Bezos said the company’s warehouse and logistics operations will now focus on essential items, including daily household staples, baby and medical supplies. Read more |
| | Image Credits: Simon Dawson/Bloomberg, Jason Alden/Bloomberg, MANDEL NGAN/AFP / Getty Images |
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| At the same time, two long-time Box investors and allies, Rory OâDriscoll from Scale Venture Partners and Josh Stein from DFJ, will be retiring from the board and not seeking re-election at the annual stockholderâs meeting in June. Read more |
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| Lilium, a Munich-based startup that is designing and building vertical take-off and landing aircraft with speeds of up to 100 km/h, eventually plans to run in its own taxi fleet. It is deploying its latest round of funding to continue developing its aircraft and to start building manufacturing facilities for an expected launch date in 2025. Read more |
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| The companies have suspended all ride operations in Delhi until March 31. They said the move was in compliance with the local state governmentâs lockdown order in response to the COVID-19 outbreak. Read more |
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| Bill Taranto, president at Merck Global Health Innovation Fund, lays out four business strategies that he says have ensured the firm’s scale and staying power. (Extra Crunch membership required.) Read more |
| | Image Credits: DNY59 / Getty Images (Image has been modified) |
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| The U.S. Centers for Disease Control and Prevention introduced a bot over the weekend to help people make decisions about what to do if they have potential symptoms of COVID-19. Called Clara, the âcoronavirus self-checkerâ was created in partnership with CDC Foundation and â speaking of Microsoft â the Azure Healthcare Bot service. Read more |
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