Others

Peak XV eyes $50M investment in former Edelweiss executives’ Neo

August 16, 2023
Peak XV Partners is in advanced stages of deliberations to lead a financing round in Neo Group, an asset management and financial advisory firm, three sources familiar with the matter said. The firm is finalizing an investment of as much as $50 million in Neo Group, which also runs a family office, the sources said, […]

Intel and Tower Semiconductor cancel $5.4B merger over regulatory hurdles

August 16, 2023
Intel has called time on its plan to acquire contract chipmaker Tower Semiconductor, citing its inability “to obtain in a timely manner the regulatory approvals required under the merger agreement.” Chip giant Intel first announced it was planning to buy the Israeli company for $5.4 billion way back in February last year, a move designed […]

Founders Factory Africa to deploy $114M using learnings from past programs

August 16, 2023
This week, South African early-stage accelerator and investor Founders Factory Africa (FFA) raised $114 million. The firm plans to use the impact capital from Mastercard Foundation and Johnson & Johnson Impact Ventures “to scale its model to better serve founders across the African tech ecosystem.” FFA combines venture studio and VC models, providing investment and […]

Bluesky adds self-labeling for posts and a dedicated media tab for profiles

August 16, 2023
X- (previously Twitter) and Threads-rival Bluesky has started allowing users to self-tag their posts so they can be automatically filtered. The company has started with NSFW categories, through which, users can tag a post with content warning categories such as “Suggestive,” “Nudity,” or “Porn.” The social network said users can tap the shield icon in […]

Paid users of X, formerly Twitter, gets a new tab to highlight their posts

August 16, 2023
X, formerly Twitter, has started rolling out a new feature for paid users to show off some of their posts through a new ‘Highlights’ tab. The social network updated its Blue/ X Premium support page to include details about the highlights feature. “Feature your best posts by Highlighting those posts and they’ll appear on your […]

X (formerly Twitter) makes X Pro (formerly TweetDeck) a subscriber-only product

August 16, 2023
Elon Musk-owned social network X, formerly Twitter, has made X Pro — which was previously known as TweetDeck — a subscriber-only product. Several users noted on the platform that while trying to access TweetDeck they were shown a popup prompting them to buy a Blue subscription. welp tweetdeck finally went bye-bye for me and this […]