Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. I know I usually lead Startups Weekly with my own column (and I did write one this week, so if you are somehow a fan of everything I write, go ham), but Devin’s piece taking a stand against the pseudanthropy…
Egyptian B2B e-commerce startup MaxAB and Wasoko, a Kenya-based e-commerce player with operations in Tanzania, Rwanda, Uganda and Zambia, are in talks to merge operations, TechCrunch has exclusively learned from multiple sources. TechCrunch could not establish the terms of the deal. Sources say talks are still ongoing, and the agreement hasn’t been finalized. The merger…
The Fed’s favored inflation gauge is now trending at the central bank’s preferred 2% target, based on data compiled over the past six months…
Back in 2018, my former colleague at VICE Motherboard Joseph Cox and I started publishing a list of the best cybersecurity stories that were published elsewhere. It wasn’t just a way to tip our hats at our friendly competitors; by pointing to other publications’ stories, we were giving our readers a fuller picture of what…
Nike said it sees weakness in sportswear demand, as well as currency headwinds, for the second half of its financial year…
Arkon Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations, the company’s CEO Josh Payne shared exclusively with TechCrunch. The round was led by Bluesky Capital Management and included participation from Kestrel 0x1 and Nural Capital. The company launched in 2021 and began with a 5-megawatt site…
Following competition objections raised on Google in Germany this summer over bundling of services including Google Maps via its Android-based in-car infotainment system software, known as Google Automotive Services (GAS), the tech giant has made an offer of some service unbundling and the removal of contractual restrictions it applies to vehicle makers in a bid…
© Reuters. FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo (Reuters) – The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) on Thursday detailed its plan for granting access to new data about shell company ownership…
© Reuters. FILE PHOTO: Argentina’s President Javier Milei addresses supporters from the Casa Rosada balcony, as his sister Karina Milei and his partner Fatima Florez look on, after his swearing-in ceremony, in Buenos Aires, Argentina December 10, 2023. REUTERS/Agust By Lucinda Elliott and Jorge Otaola BUENOS AIRES (Reuters) -Argentine sovereign debt rose on Thursday and…
© Reuters. Brazil’s President Luiz Inacio Lula da Silva attends a session to promulgate the new tax reform at the National Congress in Brasilia, Brazil December 20, 2023. REUTERS/Adriano Machado/ File Photo BRASILIA (Reuters) – Brazil’s congressional budget committee approved on Thursday the country’s 2024 budget bill, with a shallower-than-expected spending cut in President Luiz…
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