Tech News

Posted on March 6, 2023

Open banking startup Abound nabs $601M to supercharge its AI-based consumer lending platform

After a slow start in the UK and Europe, open banking is catching on with fintechs, who are using APIs to access banking data and rails and using them as an alternative to traditional credit networks to build

Posted on March 6, 2023

Nigerian B2B e-commerce startup Alerzo cuts 15% of full-time staff in second round of layoffs

Alerzo, a Nigerian B2B e-commerce platform that digitizes commerce and payments processes between FMCG suppliers and informal retailers, has laid off 15% of its full-time workforce, the company confirmed to

Posted on March 6, 2023

Another AV company hits the skids, Scout Motors picks a home and Tesla’s tepid investor day

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Posted on March 6, 2023

Alleged security breach leaves millions of dollars missing from Flutterwave accounts

Last month, Flutterwave, Africa’s largest startup by private valuation, was involved in a hack that resulted in over ₦2.9 billion (~$4.2 million) missing from its accounts, according to local tech

Posted on March 6, 2023

Tesla slashes prices for Model S and Model Y in US

Tesla has cut the prices of its Model S sedan and Model X SUV in the U.S., according to the company’s website. This is the second time this year that Tesla has slashed prices, and it might be a bid to boost sales

Posted on March 5, 2023

If you have more than one business model, you don’t have a business model

To be successful, a business needs to have a plan for revenue in the short term and profitability in the long. Early-stage founders might be tempted to come up with half a dozen ways the company could make money.

Posted on March 5, 2023

Amazon and Better.com’s unlikely pairing

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the

Posted on March 5, 2023

Will one good quarter appease the activist investors dogging Salesforce?

Salesforce is dealing with five powerful activist investors. One way to get these firms off your back is performing well, which drives up stock prices. Salesforce checked that box with a stellar quarterly report

Posted on March 4, 2023

OpenAI launches an API for ChatGPT, a startup attempts a humanoid robot, and Salesforce turns it around

TGIF, my TechCrunch homies. It’s that time of week again — the time for Week in Review, where we recap the past five days in tech news. As always, lots happened, so let’s dig in sans delay. Well, perhaps with a

Posted on March 4, 2023

The oh-so-biased branding risk in venture capital

Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. One of the quieter

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