For a VC firm, the second fund is a make-or-break moment. With the initial fund, you raise money based on an investment thesis because you don’t have any track record, any return on investment to prove that you’re a

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Five months after its launch in July, Meta’s social network Threads is now finally available to people living in the European Union. At launch, the company restricted access to the new social network in the EU to

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Proton Mail finally has a native desktop app, rolling out now in beta for some users on Windows and MacOS. The encrypted email service has, of course, been available to desktop users since its inception nearly a

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Instagram introduced its generative AI-powered background editing tool to U.S.-based users Wednesday. Meta’s lead for generative AI Ahmad Al-Dahle posted on Threads saying that the tool will let users change the

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The investment arm of the UK retail bank M&G has led a funding of $340 million into Udaan, a business-to-business e-commerce startup, in one of the largest financing rounds secured by an Indian startup in 2023.

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Pan-African e-commerce platform Jumia has disclosed its intention to discontinue its food delivery service, Jumia Food. The company said its food delivery business is not aligned with the current operational

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Maka, an African fashion and beauty e-commerce platform, has raised a $2.65 million pre-seed round led by Pan-African venture capital firms 4DX Ventures and Janngo Capital. Other investors include Palm Drive

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Qogita – a two-sided ecommerce wholesale marketplace aimed at retailers largely in the health and beauty sectors – has raised €80 million ($86 million) in a Series B round led by London’s Dawn Capital and Accel. The

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Allowing a standalone purchase, Apple has begun selling the USB-C charging case for its second-generation AirPods Pro. for $99. For those who have already started switching all their gadgets to USB-C and own a pair

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Gaming giants announce their 2023 retrospectives for players As 2023 draws to a close, Nintendo, Sony, and Microsoft look back at this year’s most significant gaming milestones for console gamers. The year in review

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