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Tech News

  • Posted on May 17, 2023

India introduces a $2B program to boost local IT hardware production

India wants to be a bigger player in the global hardware manufacturing industry, and it sees a route to boosting local economies while doing so. Now, it’s putting some money where its mouth is. The country has

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  • Posted on May 17, 2023

Ripple acquires crypto custody startup Metaco for $250 million

Ripple has announced that it has acquired Metaco, a cryptocurrency custody company based in Switzerland, for $250 million in cash and Ripple equity. With this move, Ripple will expand its offerings as it will now be

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  • Posted on May 17, 2023

Google Taking Pre-Orders for Its First Foldable Phone

Google is coming to the foldable market late — although not as late as Apple, which doesn’t have a foldable yet — but it’s taking advantage of its timing by targeting some of the perceived

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  • Posted on May 17, 2023

France’s privacy watchdog eyes protection against data-scraping in AI action plan

France’s privacy watchdog, the CNIL, has published an action plan for artificial intelligence which gives a snapshot of where it will be focusing its attention, including on generative AI technologies like OpenAI’s

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  • Posted on May 17, 2023

Insurtech bolttech gets $196M at $1.6B valuation from investors like MetLife

Embedded insurtech is still hot, as the $196 million in funding landed by bolttech proves. The company, which started in Singapore but now has operations around the world, said it is now valued at $1.6 billion. The

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  • Posted on May 17, 2023

Eagle Eye Networks and Brivo raise $192M in a joint round to boost cloud security business

Eagle Eye Networks and Brivo, two players in the world of physical cloud security — respectively video surveillance and access control systems to secure buildings and other physical spaces — are doubling down on

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  • Posted on May 17, 2023

Entro raises $6M to for its end-to-end secrets security solution

Entro, a Tel Aviv-based startup that is building a security platform that helps enterprises manage and protect their secrets like account credentials, certificates and API keys, today announced that it has raised a

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  • Posted on May 17, 2023

Tiger Global-backed Axis launches digital payments platform for Egyptian SMEs months after its $8.25M seed 

Egyptian fintech Axis has launched its digital payments platform to the North African market after securing a license from the apex bank, Central Bank of Egypt (CBE), for its open-loop mobile wallet, axisPay, which

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  • Posted on May 17, 2023

Google pushes ahead with in-app billing policy in India, insists watchdog compliance

Google said on Wednesday that its Google Play’s payments policy is compliant with the Indian watchdog’s order and it is moving ahead with plans to enforce the policy in the South Asian market, weeks after some

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  • Posted on May 17, 2023

Jia, a blockchain-based lender of small businesses in emerging markets, raises $4.3 million seed

Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 million seed funding, and an additional $1 million commitment for on-chain liquidity, in a round led

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