Microsoft Canva raises $ 60 million and Apple launches virtual WWDC.
Here is your daily crisis on June 22, 2020.
Microsoft announced today that it is acquiring Cyberx launching a security system that focuses on detecting, stopping and predicting security breaches in the Internet of Things networks and large industrial organizations The terms of the deal were not disclosed, but sources say the deal is worth $ 165 million.
The deal also shows how large technology companies are using economic slowdowns to focus on their long-term strategies and strengthen assets to support these strategies.
At the start of the pandemic, Canva made a commitment to continue to pay all of its employees on a contract, but froze the hiring. The company also took quick steps to close the office and move to remote work. At the same time, Canva says she gets support from moving to work from home.
What will Apple announce today? You can wait until tomorrow’s Daily Crunch to find out, or you can subscribe to our live blog. The keynote speech starts at 10 a.m. PST / 1 p.m. Eastern Europe.
Virgin Galactic is in the process of developing a suborbital space tourism program using its own spacecraft, but this deal will include the use of other spacecraft capable of entering orbit, and the ISS – which Virgin Galactic cannot do SpaceShipTwo.
Albert de Plaza Plaza, as a strategist at the workplace, says that he is constantly being asked: “What is the workplace in the future?” But, in his opinion, Frank Lloyd Wright has already developed a solution. (Requires additional Crunch membership.)
The BMW Group and Mercedes-Benz AG have entered into a long-term cooperation agreement to jointly develop next-generation automatic driving technology less than a year after the announcement of the signing of the agreement.
Last feature episode Equity discusses the Hey email application and its developer’s dispute with Apple, and Monday news review Summarizes recent funding. And on Original contentwe’ll see Spike Lee’s new Netflix movie, Da 5 Bloods.
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