Flex Yang, the former CEO and founder of Babel Finance, is leading efforts to restructure the now embattled crypto asset unicorn while introducing a new decentralized project with hopes to avoid some of the flaws of his previous venture. In light of the downfall of centralized crypto services like FTX, Gemini and Babel itself, Yang […]
Founder of troubled crypto asset unicorn Babel launches new DeFi project, stablecoin by Rita Liao originally published on TechCrunch
Naspers, Africa’s most valuable tech company by market capitalization, has winded down the operations of its R1.4 billion (≈$100 million) South Africa-focused venture capital fund Naspers Foundry, according to local news outlet BusinessDay. According to the report, the firm, which is taking this approach as venture capital takes a hit globally, will maintain the investments, […]
Naspers shuts down Foundry, its $100M fund focused on South African startups by Tage Kene-Okafor originally published on TechCrunch
Signature Bank is the second casualty of the ongoing banking crisis in the U.S. The New York-based financial institution stopped operating abruptly on Sunday — customers will be made whole. Regulators said that Signature Bank also caused a systemic risk and could threaten the U.S. banking system. In other words, the government is stepping up […]
After SVB failure, regulators close crypto-friendly bank Signature Bank by Romain Dillet originally published on TechCrunch
Usage-based pricing is an essential component of any PLG strategy. In fact, it’s my belief that you cannot have true PLG without UBP.
Building a PLG motion on top of usage-based pricing by Ram Iyer originally published on TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point […]
EV SPACs hunt for cash, the SVB fallout continues and a new AV startup emerges by Kirsten Korosec originally published on TechCrunch
Qualtrics, the software company behind an experience management platform used by thousands of companies such as Uber, Coca-Cola, and Pfizer, has accepted a $12.5 billion all-cash offer from private equity firm Silver Lake and Canada Pension Plan Investment Board (CPP Investments). The confirmation comes exactly a week after news of the acquisition bid first came […]
Qualtrics accepts $12.5B all-cash acquisition offer to go private by Paul Sawers originally published on TechCrunch
Instagram is testing a new feature that will quickly let you access your recently shared Reels. This makes it easier for users to reshare a Reel they liked to another friend at a later time. A Turkey-based account called Dijital Ağlar shared a post about the feature. It indicated that Instagram is showing a row […]
Instagram is making it more accesible to reshare Reels you already sent to friends by Ivan Mehta originally published on TechCrunch
UK tech founders, investors, and ecosystem leaders have been giving their reactions to the news that SVB UK will be rescued by HSBC. In addition, many startup founders and investors pointed to the leg-work done by industry body Coadec, which is now raising funds for further work. Andrew J Scott Founding Partner 7pc VC “It […]
UK tech ecosystem reacts to the news of SVB UK acquisition by HSBC by Mike Butcher originally published on TechCrunch