February 5, 2025

XOi raises $230M, acquires Specifx to expand its tech for field service technicians

Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. But that same blind spot speaks of the opportunity in the space for those who are stepping up and targeting “the job site.” One of the players in that space, XOi  […]

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December 2023

Re-commerce marketplace Soum gets $18M backing to scale in MENA

December 20, 2023

The global re-commerce market is poised for growth as consumers increasingly settle for pre-owned goods to save on cost, and as some observe conscious consumption. With the global re-commerce market expected to continue its growth spurt, C2C marketplaces like Saudi Arabia’s Soum are looking to capture users in the Middle East and North Africa (MENA) […]

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2023 Stock Market Lessons Learned

December 20, 2023
If we don’t honestly review the lessons of the past, then we are likely doomed to repeat those same mistakes in the future. Not only is that foolish…but highly unprofitable….

EU names three porn sites subject to its strictest online content rules

December 20, 2023

Age verification tech could be headed to adult content sites Pornhub, Stripchat and XVideos after the three were added to a list of platforms subject to the strictest level of regulation under the European Union’s Digital Services Act (DSA). Back in April, the EU announced an initial list of 17 so called very large online […]

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China’s judicial system is becoming even more secretive

December 20, 2023
This story first appeared in China Report, MIT Technology Review’s newsletter about technology in China. Sign up to receive it in your inbox every Tuesday. The new year will be here soon! Typically, it’s a great time for a fresh start. But not always. And today I want to talk about something that’s unfortunately moving in the…

Financial Mastermind Groups: Unlocking Success Potential

December 20, 2023
Mastermind groups possess the power to propel individuals to new heights of success by connecting them with like-minded peers. These supportive environments often lead to life-changing breakthroughs. Today I share…

Rite Aid banned from using facial recognition software after falsely identifying shoplifters

December 20, 2023

Rite Aid has been banned from using facial recognition software for five years, after the Federal Trade Commission (FTC) found that the U.S. drugstore giant’s “reckless use of facial surveillance systems” left customers humiliated and put their “sensitive information at risk.” The FTC’s Order, which is subject to approval from the U.S. Bankruptcy Court after […]

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These minuscule pixels are poised to take augmented reality by storm

December 20, 2023
Google Glass, a prototype augmented-reality headset released in April 2013, had the makings of a hit. It promised intuitive, hands-free access to a smartphone’s most important features—video recording, navigation, and even email. Forget touch screens and buttons: the future of computing was on your face. It was a disaster.  Though beautiful in concept, Glass was…

There was some good climate news in 2023. Really.

December 20, 2023
Bad climate news was everywhere in 2023.  It’s been the hottest year on record, with January through November clocking in at 1.46 °C (2.62 °F) warmer on average than preindustrial temperatures. Meanwhile, emissions from fossil fuels hit a new high—36.8 billion metric tons of carbon dioxide, 1.1% more than in 2022.  Scientists are loudly warning…

Al Mada Ventures, the $110M fund for Africans by Africans

December 20, 2023

Al Mada Holding Group is one of Africa’s largest private investment funds. The Casablanca-headquartered private holding operates in different fields, such as banking, telecommunications, renewable energy and the food industry.  Over the years, Al Mada’s approach has centered on acquiring majority shareholdings in some of Morocco’s largest private companies, with its portfolio spanning 27 markets […]

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