March 2023

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 TechCrunch. This is the company’s second round of layoffs in seven months. As a first-party e-commerce business, Alerzo had a headcount of more than 2,000 […]

Nigerian B2B e-commerce startup Alerzo cuts 15% of full-time staff in second round of layoffs by Tage Kene-Okafor originally published on TechCrunch

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 publication Techpoint Africa. According to the documents seen by the publication and reviewed by TechCrunch, unknown actors transferred the funds across 28 accounts in 63 transactions […]

Alleged security breach leaves millions of dollars missing from Flutterwave accounts by Tage Kene-Okafor originally published on TechCrunch

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 before the end of the quarter. The Model S all-wheel drive is […]

Tesla slashes prices for Model S and Model Y in US by Rebecca Bellan originally published on TechCrunch

A business model is the full stack of how your company operates: How you deploy your resources (money and people) to create products and attract and retain paying customers.

If you have more than one business model, you don’t have a business model by Haje Jan Kamps originally published on TechCrunch

After Salesforce delivered a stellar quarter, will it help get rid of the bevy of activist investors dogging the company?

Will one good quarter appease the activist investors dogging Salesforce? by Ron Miller originally published on TechCrunch