Others

Indian social network Koo gains popularity in Brazil but faces moderation challenges

November 22, 2022

Elon Musk taking over Twitter has sent some people to look for alternatives such as Mastodon and Hive. In Brazil, however, many are showing more inclination toward the India-based social network Koo. But just a week into the launch in the South American market, Koo is already facing moderation and security challenges. The Bengaluru-headquartered startup […]

Indian social network Koo gains popularity in Brazil but faces moderation challenges by Ivan Mehta originally published on TechCrunch

Bitpanda obtains German crypto license as crypto platforms want to prove they are legit

November 22, 2022

All eyes are currently on the collapse of FTX in the crypto industry. That’s why today’s news from Bitpanda is an important signal for the Austrian unicorn company. Bitpanda has received a crypto license from Germany’s financial regulator (BaFin). Its German subsidiary is now officially allowed to process cryptocurrencies for German customers under its Crypto […]

Bitpanda obtains German crypto license as crypto platforms want to prove they are legit by Romain Dillet originally published on TechCrunch

Pinduoduo’s sister shopping app Temu tops US App Store

November 22, 2022

Temu, a shopping app operated by the parent firm of China’s e-commerce giant Pinduoduo, has risen from obscurity in the last few months. After becoming the No. 1 shopping app in the U.S. App Store back in September, the marketplace took the crown of free U.S. iPhone apps across all categories on November 12 and […]

Pinduoduo’s sister shopping app Temu tops US App Store by Rita Liao originally published on TechCrunch

Carv valued at $40M as investors race to back web3 identity builders

November 22, 2022

Decentralized identity startups are having a moment as investors seek the next generation of killer applications in web3, even in times of market volatility. Blockchain-based identity systems, they argue, are the portal to user-facing applications in the decentralized land, whether the piece of identity is used to send tokens or showcase a gamer’s achievement. Entrepreneurs […]

Carv valued at $40M as investors race to back web3 identity builders by Rita Liao originally published on TechCrunch

India’s Paytm slides over 10% to all-time low after lock-up period expires

November 22, 2022

Shares of Paytm slid over 10% Tuesday to an all-time low of 476 Indian rupees ($5.8) before recovering slightly after the lock-up period for early backers of the Indian financial services firm ended last week. The lock-up period for the company’s earlier backers expired on November 15, freeing significant investors such as SoftBank Group and […]

India’s Paytm slides over 10% to all-time low after lock-up period expires by Manish Singh originally published on TechCrunch

George Hotz, hacker and long-time frenemy of Elon Musk, signs on for 12 weeks at Twitter

November 22, 2022

A lot has been made of Twitter’s shrinking workforce, which is reportedly down to 2,300 people down from the 7,500 employed by the company when new owner Elon Musk took control. While we posited that the newest wave of departures was part of Musk’s master plan to shrink down the company, many worry about the […]

George Hotz, hacker and long-time frenemy of Elon Musk, signs on for 12 weeks at Twitter by Connie Loizos originally published on TechCrunch

Spain’s Cobee raises $41M for an employee benefits ‘superapp’

November 22, 2022

Benefits are one of the great oxymorons of full-time employment: the name implies help and advantages, but in a lot of cases, it’s hard to know what perks and rewards you might have available to you, much less use them on a regular basis. Now, a startup called Cobee that’s built a platform and app […]

Spain’s Cobee raises $41M for an employee benefits ‘superapp’ by Ingrid Lunden originally published on TechCrunch

FTX processed billions monthly in Africa before going bust

November 22, 2022

On November 14, Nestcoin, one of the startups leading crypto and web3 efforts in Africa, announced that it was laying off several employees. At least 30 employees across various departments were let go, while those who were left at the company had their salaries slashed by as much as 40%, according to people familiar with […]

FTX processed billions monthly in Africa before going bust by Tage Kene-Okafor originally published on TechCrunch