December 2022

Nillion, a web3 startup aiming to build a non-blockchain decentralized network, closed an oversubscribed round of more than $20 million.

Nillion raises over $20 million to build new web3 infrastructure by Jacquelyn Melinek originally published on TechCrunch

Playtika, the Israeli tech company that made its name with through a series of wildly successful online gambling and gaming titles with hundreds of millions of players, is leveling the latest swing of the layoffs pendulum. The company today has confirmed that it is laying of 15% of its staff. Playtika currently employs 4,100, so […]

Playtika lays off 610 workers, shuts down three online gaming titles amid broader restructure by Ingrid Lunden originally published on TechCrunch

Microsoft is to acquire a 4% stake in the London Stock Exchange Group (LSEG), the company that owns the London Stock Exchange as well as a several other businesses including financial market data company Refinitiv which LSEG acquired from a Blackstone/Thomson Reuters consortium last year for $27 billion. Microsoft’s stake, which it bought from the […]

Microsoft to acquire 4% stake in London Stock Exchange Group as part of 10-year cloud partnership by Paul Sawers originally published on TechCrunch

Individuals or businesses buying furniture in Africa can purchase from local furniture stores or global furniture retailers like IKEA. But both options have pros and cons; for the latter, local furniture stores may lack the quality that clients need, while global retailers, in addition to taking several months to ship their products to Africa, can […]

Nigerian startup Taeillo raises funding to scale its online furniture e-commerce platform by Tage Kene-Okafor originally published on TechCrunch

After years of outsourcing and offshoring manufacturing to countries with cheaper labour and bigger production ecosystems, the U.S. and Europe are on a mission to bring some of that industrial work back to its own shores. Today, a startup that believes it can help with that shift is announcing some funding. Robco, a Munich-based startup […]

Robco links up with $14M led by Sequoia to bring modular robotics to industrial SMBs by Ingrid Lunden originally published on TechCrunch