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Tech News

  • Posted on March 14, 2023

Mars-backed Bundle x Joy bags $1M to double its pet care footprint in retailers

Pet ownership has steadily increased through the years, with many people bringing pets into their families during the past three years. That, in turn, boosted the pet industry itself, with the market’s value

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  • Posted on March 14, 2023

India probing ‘several’ crypto cases for money laundering, seizes over $115 million

India’s Enforcement Directorate is investigating “several” crypto cases for money-laundering schemes and has seized $115.5 million to date in such crimes, the Ministry of Finance said, the latest in a series of

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  • Posted on March 14, 2023

Nigerian credit-led fintech FairMoney acquires PayForce in retail-merchant banking play

Nigerian credit-led digital banking platform FairMoney has acquired PayForce (sub-brand of YC-backed CrowdForce), a merchant payment services that serves small businesses, as the digital lender looks to broaden its

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  • Posted on March 14, 2023

AG5 throws a lifeline to a manufacturing industry drowning in spreadsheets

You’d think that an industry like manufacturing had its own software stack, but in a lot of cases, a huge amount of getting-things-made is managed through Excel spreadsheets. The thing is, spreadsheets are great for

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  • Posted on March 14, 2023

MENA VC Flat6Labs’ new fund to back startups in East, West Africa

Flat6Labs is amongst the most active VCs in Africa, having invested in over a hundred startups to date, across the Middle East and North Africa (MENA) region. And now, after 11 years, the Egypt-based seed-stage

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  • Posted on March 14, 2023

TuSimple co-founder resigns, accused of poaching staff for new venture

TuSimple’s co-founder, Xiaodi Hou, resigned from the company’s board of directors last week amid an internal investigation which sought to verify claims that Hou approached TuSimple employees about leaving the

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  • Posted on March 14, 2023

Microsoft lays off an ethical AI team as it doubles down on OpenAI

Microsoft laid off an entire team dedicated to guiding AI innovation that leads to ethical, responsible and sustainable outcomes. The cutting of the ethics and society team, as reported by Platformer, is part of a

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  • Posted on March 14, 2023

Silicon Valley Bank’s new CEO sends letter to clients: ‘We are conducting business as usual’

Silicon Valley Bank’s clients received a surprising email in their inboxes late Monday evening from the bank’s new CEO Tim Mayopoulos stating that the institution was not only open, it was also business as usual.

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  • Posted on March 14, 2023

Fortnite’s maximalism still works in its new cyberpunk season

After a handful of eclectic recent chapters, Fortnite’s latest is taking a theme and running with it. Chapter Four, Season Two of Fortnite went live over the weekend, revamping the game’s central island (which got a

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  • Posted on March 14, 2023

Indonesia’s Broom builds out automated asset-backed lending for used car dealers

The Indonesian used car market is on a course for growth fueled by a number of trends: the increasing digitization in used car sales; a larger variety of finance options; and the COVID-19 pandemic, which pushed the

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