Kenya is proposing new taxes to tap the growing digital economy in a bid to grow domestic revenues and narrow its fiscal deficit in response to the ongoing cash crunch. The East African country plans to charge a 3% tax on the transfer or exchange value of digital assets, while content creators will pay 15% […]
Crypto, influencers targeted in Kenya’s new tax bid by Annie Njanja originally published on TechCrunch
Samsung overtook Apple through a slender 1% lead to secure the top spot in smartphone shipment volumes during the first quarter of 2023, despite the ongoing contraction of the smartphone market, according to a new report. The South Korean electronics giant shipped a total of 60.6 million units, narrowly surpassing Apple’s 58 million in the […]
Samsung surpasses Apple in smartphone shipments by 1% amid persisting market decline by Ivan Mehta originally published on TechCrunch
Apple launched 20 new games Thursday on Apple Arcade including a new exclusive Teenage Mutant Ninja Turtles title along with classic games like Temple Run and Snake.io. Paramount Global’s TMNT Splintered Fate is a “roguelike adventure” game where you must play different characters including Leonardo, Michelangelo, Donatello, and Raphael to find the missing Master Splinter. […]
Apple introduces 20 new games to Apple Arcade by Ivan Mehta originally published on TechCrunch
Yesterday, Fingo, a YC-backed Kenyan fintech, launched its neobank, which it developed in collaboration with Pan-African financial institution Ecobank Kenya. The Ecobank subsidiary unveiled the neobank, the first of its kind in the East African country, according to the pair, in an event with the country’s president, William Ruto, in attendance. It’s taken a while […]
Kenya’s Fingo partners with Ecobank, launches neobank on the back of $4M investment by Tage Kene-Okafor originally published on TechCrunch
Meesho has cut 15% of its workforce, or 251 roles, as the Indian social commerce startup pares its expenses to improve its financial health. This is the second round of job cuts at Meesho, which eliminated about 150 roles a year ago. The Bengaluru-headquartered startup, backed by Fidelity, Prosus, SoftBank, Sequoia India and Meta, said […]
India’s Meesho cuts 251 jobs by Manish Singh originally published on TechCrunch
It’s been almost five years since this editor sat down with longtime VC Harry Nelis and three other investors from Accel’s London office to talk about the trends rippling through the venture industry at the time. At the time, our talk largely centered on Brexit and SoftBank’s feverish pace of investment, which at the time […]
In Europe, Accel banks on a turnaround over the next six to nine months by Connie Loizos originally published on TechCrunch