Daily Crunch: Verizon buys videoconferencing company BlueJeans

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Verizon makes a relocation into videoconferencing, Jeff Bezos talks about a strategy to check Amazon staff members for COVID-19 and Apple is supposedly dealing with brand-new over-ear earphones. Here’s your Daily Crunch for April 16, 2020.

1. Verizon is purchasing b2b videoconferencing company BlueJeans

TechCrunch’s moms and dad business is purchasing experienced videoconferencing platform BlueJeans Network — spending less than $500 million on the acquisition, according to the Wall Street Journal . (A Verizon spokesperson verified that the price-tag is sub-$500 million however did not offer a more specific figure.)

“Customers will take advantage of a BlueJeans enterprise-grade video experience on Verizon’ s high-performance worldwide networks,” the business stated in a declaration. “In addition, the platform will be deeply incorporated into Verizon’ s 5G item roadmap, offering real-time and protected engagement options for high development locations such as telemedicine, range knowing and field service work.”

2. Bezos information Amazon’ s COVID-19 screening strategies in investor letter

Jeff Bezos dropped Amazon’ s yearly investor letter today, that includes more info on the Amazon-built screening laboratories that were revealed recently. Bezos stated the business is thinking about “ routine screening of all Amazonians, consisting of those revealing no signs.”

3. Apple stated to be dealing with modular, high-end, noise-cancelling over-ear earphones

Bloomberg reports that Apple is establishing its own rivals to popular over-ear noise-cancelling earphones like those made by Bose and Sony, however with comparable innovation to that utilized in the AirPod and AirPod Pro lines.

4. Unicorn layoffs keep accumulating as the economy worsens

Yesterday, news broke that a trio of widely known, heavily-backed unicorns– Carta, Zume and Opendoor– were cutting personnel.

5. Punitive liquidation choices go back to VC– put on ’ t do it

VC Pascal Levensohn states that numerous of his existing portfolio business have actually just recently proposed “ emergency situation bridge ” convertible note fundings of in between$ 5 million and$15 million, each including an uncomfortable function for non-participants.(Extra Crunch subscription needed.)

6. DoD Inspector General report discovers whatever was essentially hunky-dory with JEDI cloud agreement quote

While debate has actually dogged the$10 billion, decade-long JEDI agreement because its earliest days, a report by the Department of Defense’s Inspector General ’ s Office concluded that the agreement procurement procedure was legal and reasonable.

7. Google Play includes a ‘ Teacher Approved ’ area to its app shop

All apps discovered in this area are vetted by a panel of customers, consisting of more than 200 instructors throughout the U.S., and fulfill Google ’ s existing requirements(around federal government guideline and marketing)for its “ Designed for Families ” program.

The Daily Crunch is TechCrunch’s roundup of our most significant and essential stories. If you ‘d like to get this provided to your inbox every day at around 9am Pacific, you can subscribe here .

Read more: https://techcrunch.com/2020/04/16/daily-crunch-verizon-buys-videoconferencing-company-bluejeans/

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