Driving financial inclusion through digital payment methods is among the top priorities for the governments of Africa’s biggest tech ecosystems where cash is still king. Several initiatives launched by these governments have increased the number of banked citizens in their respective countries. In Egypt, for instance, platforms like Fawry and InstaPay — tapped into the […]
Lee Fixel’s Addition leads $6M seed round in Egyptian fintech Flash by Tage Kene-Okafor originally published on TechCrunch
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Your usual host Kirsten Korosec is off having a glorious vacation, so I will be doing the roundup this week. As the EV revolution takes hold, one problem keeps plaguing automakers: […]
VanMoof skids off track, another mobility startup goes SPAC and e-bike batteries catch fire by Rebecca Bellan originally published on TechCrunch
Welcome back to The Interchange! If you want this in your inbox, sign up here. When it came to fintech news, we saw a pretty sluggish first half of 2023, and that is evidenced by the sobering funding statistics we cover below. But things feel like they are starting to pick up, as evidenced by our crowded […]
The fintech funding slump, by the numbers by Christine Hall originally published on TechCrunch
Through a new lawsuit, a free speech group and research coalition that studies technology’s effect on society are pushing back against a ban on TikTok affecting government devices in the state of Texas. In the lawsuit, filed by Columbia University’s Knight First Amendment Institute on behalf of the Coalition for Independent Technology Research, the allied […]
First Amendment org challenges restrictions on TikTok at Texas universities by Taylor Hatmaker originally published on TechCrunch
Kenyan workers who helped remove harmful content on ChatGPT, OpenAI’s smart search engine that generates content based on user prompts, have filed a petition before the country’s legislators calling them to launch investigations on big tech outsourcing content moderation and AI work in Kenya. The petitioners want investigations into the “nature of work, the conditions […]
Workers that made ChatGPT less harmful ask lawmakers to stem alleged exploitation by Big Tech by Annie Njanja originally published on TechCrunch
The creator monetization platform Fanhouse announced yesterday that it was acquired by Passes, a similar startup that only launched in beta in December. “We only hopped on a call maybe 36 hours ago, and then we closed the deal 24 hours ago,” Lucy Guo, the founder of Passes, told TechCrunch. Guo declined to disclose the […]
Passes acquired Fanhouse, but some creators are apprehensive by Amanda Silberling originally published on TechCrunch
In 2017, on-prem data centers accounted for nearly 60% of capacity. By 2027, Synergy Research is projecting that number will be cut in half, but that data doesn’t tell the whole story. New research from Synergy finds that on-prem data center growth is actually hanging in, but over the next five years, growth will remain […]
On-prem data centers are hanging in, but cloud capacity is growing much faster by Ron Miller originally published on TechCrunch
Big moves ahead for Kahoot, the Oslo startup that’s built a popular platform for users to create, share and play education-focused “games”, played by billions of students and adults over the years. The company has announced that it is going fully private in an all-cash PE deal at 35 NOK per share, valuing Kahoot at […]
Gamified e-learning platform Kahoot gets acquired in a $1.7B deal led by Goldman Sachs, Lego and more by Ingrid Lunden originally published on TechCrunch