Others

Moove takes in $76M equity, debt from Mubadala and BlackRock at a $550M valuation

August 10, 2023
Moove, an African mobility fintech that provides vehicle financing to drivers of ride-hailing platforms like Uber and other gig networks, has raised $78 million in new financing. It includes $28 million in equity from new and existing investors led by Mubadala Investment Company, $10 million in venture debt from funds and accounts managed by BlackRock, […]

Belarus hackers target foreign diplomats with help of local ISPs, researchers say

August 10, 2023
Hackers with apparent links to the Belarusian government have been targeting foreign diplomats in the country for nearly 10 years, according to security researchers. On Thursday, antivirus firm ESET published a report that details the activities of a newly discovered government hacking group that the company has dubbed MoustachedBouncer. The group has likely been hacking […]

SAEKI’s “microfactories” help large manufacturing scale up

August 10, 2023
The architecture, engineering and construction industries involve giant concrete molds that are expensive, slow to manufacture and often only used a few times before being disposed. Robots-as-a-service startup SAEKI says its tech not only makes creating these molds faster, but also more cost-efficient. The Lupfig, Switzerland-based company is building what it says will be fully […]

Meta adds ability to verify your Threads profile on Mastodon

August 10, 2023
Meta took a small step towards supporting the fediverse by adding the ability to verify your Threads profile on Mastodon on Wednesday. The company announced that it is adding support for “rel=me” links — a way to establish a relationship between two accounts by pointing links to each other. Here is how you can verify […]

Disney’s Hotstar loses 12.5 million subscribers in a quarter amid cricket shortfall

August 10, 2023
Disney+ Hotstar lost nearly a fourth of its customer base, or 12.5 million subscribers, in the quarter ending June, Disney disclosed in its earnings Wednesday, the ongoing setback at the India-focused streamer that’s reeling from the lack of cricket content. This is the third consecutive quarter in which Disney has lost subscribers. In the past […]

Google opens eSignature beta for Google Docs and Google Drive

August 10, 2023
Electronic signature has become table stakes for companies involved in document storage and management. So it shouldn’t come as a surprise that Google announced an open beta of its new-ish eSignature capability in Google Workspace today. The new feature will be available specifically for Google Docs and Google Drive for individual and various group accounts. […]

China tech further severed from US fundings after Biden ban

August 10, 2023
President Joe Biden on Wednesday signed an executive order barring U.S. investments in certain tech sectors of China, confirming rumors that have been swirling for months that Washington would ramp up efforts to squeeze its rival’s tech industry amid growing concerns about its rival’s military ambitions. The order authorizes the U.S. Secretary of the Treasury […]

Krafton commits $150 million to India following BGMI trial approval

August 10, 2023
South Korean gaming behemoth Krafton plans to invest another $150 million in India over the next 2-3 years after securing permission to trial its popular battle royale game in India following two bans. Thursday’s announcement follows Krafton investing about $140 million in 11 Indian startups and the local gaming ecosystem in the past three years. […]