Why the Bull Market is Still in Charge?

September 20, 2023
It’s been nearly 2 months that the S&P 500 (SPY) has been mired in a trading range. That is why investment veteran Steve Reitmeister shares his latest insights to explain…

The deepfake avatars who want to sell you everything

September 20, 2023
This story first appeared in China Report, MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. Writing about China, a question I always get is: What technology is ubiquitous there but hasn’t caught on in the West? One of my go-to answers is livestream e-commerce.  If you…

Google-backed Indian audio platform Kuku FM raises $25 million

September 20, 2023
Google-backed audio content platform Kuku FM has raised $25 million in a new funding round as it looks to make deeper inroads with its audiobook offerings in the South Asian market. Indian billionaire and technologist Nandan Nilekani’s Fundamentum Partnership co-led the Series C funding in Kuku FM with International Finance Corporation, part of the World […]

Ghana’s Complete Farmer, which connects farmers to global food buyers, raises $10.4M

September 20, 2023
Africa’s agricultural sector has a significant social and economic impact, per McKinsey. The percentage of smallholder farmers in sub-Saharan Africa exceeds 60%, while agriculture accounts for approximately 23% of the region’s gross domestic product. But despite the apparent opportunity in the agricultural sector, it is difficult for Africa to successfully participate in global supply chains […]

Terraform fork gets renamed OpenTofu, and joins Linux Foundation

September 20, 2023
When HashiCorp announced it was changing its Terraform license in August, it set off a firestorm in the open source community, and actually represented an existential threat to startups who were built on top of the popular open source project. The community went into action and within weeks they had written a manifesto, and soon […]

WhatsApp users in India can now pay businesses with credit card, other UPI apps

September 20, 2023
WhatsApp is rolling out a new feature in India that will allow users in its largest market to pay businesses using a variety of payment options from within the instant messaging app. The Meta-owned app on Wednesday said it has partnered with PayU and Bengaluru-headquartered Razorpay to add support for payments via credit and debit […]

Meta is expanding its verification program to businesses

September 20, 2023
Meta announced today that it is expanding Meta Verified to businesses after first launching it for creators in March. The company is initially testing the verification program on Facebook and Instagram, with merchants in select geographies, but it plans to roll it out to businesses on WhatsApp at a later stage. Businesses can purchase a […]

WhatsApp is introducing Flows for a richer in-app shopping experience

September 20, 2023
WhatsApp is bolstering its shopping experience for both merchants and users through a new feature called Flows, which will let users complete tasks such as picking a seat on a flight or booking an appointment without leaving the app. Merchants will have building blocks ranging from a text box to a calendar and a seat […]