Others

Apple and Amazon face UK class action damages suit over price collusion claim

July 26, 2023
Apple and Amazon are facing a class-action style damages lawsuit in the UK alleging they abused their market power by colluding to increase the price of Apple products. The suit, which has been filed in front of the Competition Appeals Tribunal today, is seeking compensation of at least £500 million (~$645M) on behalf of millions of […]

Dial-up a therapist like an Uber? Wangie aims at Gen-Zs and the time-poor

July 26, 2023
It would be fair to say there’s no global solution for instant 24/7 access to mental health support. Yes, there are a few ‘marketplaces’ where you can schedule a call with a therapist in advance. Online solutions now include Better Help, Talk Space, and TeenCounselling. Then there are platforms connected with public healthcare such as […]

India’s food delivery giant Swiggy launches credit card

July 26, 2023
Swiggy has become the latest Indian startup to offer its customers a credit card as the food delivery giant broadens its efforts to drive engagement and retention. The Bengaluru-headquartered startup is co-launching the credit card with HDFC Bank, India’s largest private bank. The credit card will offer customers a 10% cashback on spends on Swiggy […]

Google says 2 billion logged in monthly users are watching YouTube Shorts

July 26, 2023
Google said today that more than 2 billion logged-in monthly users are watching YouTube Shorts, giving it an edge over competitors like TikTok and Instagram Reels. This number is up from 1.5 billion monthly logged-in users for YouTube Shorts announced last year. During its Q2 2023 results, Google also said that YouTube brought in $7.67 […]

The Year The Index Achieved 13 Days of Positive Returns

July 25, 2023
All Right, Life Goal Nation! Investment markets have been thriving, showcasing an exceptional performance with the Dow Jones Index experiencing an impressive streak of consecutive positive returns. In this article,…

Snap’s revenue woes continue but earnings yield a few bright spots

July 25, 2023
Snap just reported its quarterly earnings and it’s a bit of a mixed bag. Snapchat’s parent company brought in $1.07 billion during Q2 — up from last quarter but a year-over-year dip. Snap saw its first revenue decline as a public company in Q1, marking a 7% drop in sales from the previous year. At […]