Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here.House Speaker Nancy Pelosi, D-Calif., and Rep. Ro Khanna, D-Penn., made a plea to the Small Business Association (SBA) Tuesday to include startup companies in the coronavirus bailout plan.Startup companies could face exclusion from the Paycheck Protection Program (PPP) under the…
San Francisco (CNN Business)What if every window in your house could generate electricity? One Redwood City, California-based startup thinks its technology can achieve that by transforming the way solar power is collected and harnessed.Ubiquitous Energy has developed transparent solar cells to create its ClearView Power windows, a kind of "solar glass" that can turn sunlight…
OneWeb's dreams of satellite internet access have hit a major setback. The startup has filed for Chapter 11 bankruptcy after attempts to get crucial financing fell through. The company said it was "close" to getting support, but the COVID-19 pandemic produced a "financial impact and market turbulence" that cut the deal short. Chapter 11 bankruptcy…
(CNN Business)Just days after President Donald Trump announced earlier this month that all travel from Europe to the United States would be temporarily suspended due the coronavirus pandemic, a Dallas-based rideshare startup called Alto started seeing a steep drop in demand for rides.Will Coleman, Alto's founder and CEO, said business was suddenly hurting, and badly,…
In a rapid about-face, a handful of startups that had already rolled out at-home coronavirus test kits or planned to start selling them soon have suspended their efforts. It’s the latest twist in an ongoing situation that has unfolded as tech companies have rushed to fill testing gaps with direct-to-consumer kits — and as regulators…
Zillow said Monday it will temporarily stop buying homes in all 24 markets where it operates in response to public health orders related to the COVID-19 pandemic, the latest real estate startup to shift how it operates as the disease caused by coronavirus continues to spread. Zillow said it decided to pause making offers to…
By Mike Moffitt, SFGATE Updated 6:00 pm PDT, Friday, March 20, 2020 A transmission electron microscope captured this image of the SARS-CoV-2 coronavirus, which has a distinctive crown-like appearance. SARS-CoV-2 is the virus that causes COVID-19. On Friday, March 20, 2020. A San Francisco telehealth startup launched a test it developed for COVID-19. Initially it will…
The state of testing for the novel coronavirus currently spreading globally in the U.S. is abysmal, relative to other developed countries, but there are a number of efforts underway to help improve availability. One company doing their part is at-home lab testing startup Everlywell, which has been offering a number of in-home self collection kits…
Hong Kong (CNN Business)Impossible Foods has secured about half a billion dollars in fresh funding, despite the global economic turmoil triggered by the coronavirus pandemic. The latest funding for the popular plant-based protein startup mostly came from heavyweight investors in Asia, where Impossible has ambitions to grow. South Korea's Mirae Asset Global Investments joined as…
(BigStock Image)Seattle-area companies grabbed 13 spots on a list from Forbes on Tuesday that calls out “America’s Best Startup Employers.” The inaugural ranking from the magazine, in partnership with market research company Statista, identifies companies that are liked best by employees. Five hundred startups made the list after 2,500 U.S. businesses with at least 50…
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