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Kenya’s B2B e-commerce food distribution platform Twiga has laid off 211 of its full-time employees following restructuring that has eliminated the company’s in-house sales team. The laid-off staff make up 21% of the over 1,000 employees mainly in Kenya, where it links farmers or agricultural producers and fast-moving consumer goods manufactures to retailers. The agritech’s […]

Kenya’s Twiga dismisses in-house sales team, affecting 21% of it employees by Annie Njanja originally published on TechCrunch

Information reviewed by TechCrunch indicates that market makers and funds that lost money on FTX are more numerous than previously anticipated.

FTX exposure hits market makers and funds by Jacquelyn Melinek originally published on TechCrunch

The U.S. government’s cybersecurity agency says hackers backed by the Iranian government compromised a federal agency that failed to patch against Log4Shell, a vulnerability fixed almost a year ago. In an alert published Thursday, the Cybersecurity and Infrastructure Security Agency said that a federal civilian executive branch organization (FCEB) was breached by Iranian government hackers […]

Iran-backed hackers breached a US federal agency that failed to patch year-old bug by Carly Page originally published on TechCrunch

While Amazon has yet to confirm the size or scoop of its most recent round of layoffs, the company today posted the text of a letter from Senior Vice President of Devices & Services, Dave Limp, that sheds light on the situation. The note, which was initially sent to the company’s Devices and Services org, […]

Amazon hardware head confirms layoffs in memo by Brian Heater originally published on TechCrunch

Evernote, the note-taking and task management app founded over 20 years ago, has been acquired by Milan-based app developer Bending Spoons. In a post on Evernote’s newsroom, Evernote CEO Ian Small said that Bending Spoons will take ownership of Evernote in a transaction expected to close in early 2023. “For Evernote, this decision is the […]

Bending Spoons acquires Evernote, marking the end of an era by Kyle Wiggers originally published on TechCrunch

Crowdfunding platform OurCrowd, which has now become Israel’s most active venture firm, today announced that it is expanding its operations in Abu Dhabi by launching a new office and AI tech hub — enabled by the Abu Dhabi Investment Office — in the emirate. In total, OurCrowd plans to invest $60 million as part of […]

Israel’s OurCrowd expands to Abu Dhabi by Frederic Lardinois originally published on TechCrunch

If you’re a founder of a new SaaS, fintech, marketplace, or consumer subscription product, here’s what you should be showing investors at the early stages of your journey.

How to turn user data into your next pitch deck by Ram Iyer originally published on TechCrunch