Bloom Money raises £1M to digitize microcredit finance for ethnic communities
The company seeks to digitize the rotating savings and credit association (ROSCA) financial technique often used by ethnic communities.
The Download: a blockchain enigma, and the algorithms governing our lives
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Welcome to the dark side of crypto’s permissionless dream Jean-Paul Thorbjornsen, an Australian man in his mid-30s, with a rural Catholic upbringing, is a founder of THORChain, a blockchain through which users can…
Samsung extends cut in memory chip production, will focus on high-end AI chips instead
Samsung Electronics continues to cut back its memory chip production, including NAND flash used in smartphones and PCs, after reporting a $3.4 billion (4.36 trillion won) operating loss in the second quarter of this year in its memory chip unit. The world’s biggest memory chip maker posted a roughly $7 billion operating loss in its […]
Twitter rebrands its Android app with the new X logo
Twitter updated its Android app today by replacing the iconic bird logo with its new X logo — the latest step in its ongoing rebranding efforts. The company also updated its app listing on the Google Play Store to reflect the new branding with screenshots of the app with black backgrounds and the X logo. […]
Kenya’s FarmWorks raises $4M pre-Series A funding
FarmWorks, a Kenyan agtech that provides farmers with access to farm inputs, and market for their produce, has raised $4.1 million in a pre-Series A round led by Acumen Resilient Agriculture Fund, an existing investor. Livelihood Impact Fund, Vested World, a number of family offices, and angel investors also participated in the round that brought […]
Tap Into Boundless Success Potential With These Remote Business Ideas
Are you tired of getting up in the morning, getting in your cold car, and driving to work? Then don’t. Check out these remote business ideas.
The Top 10 Home Business Ideas for 2023
Can’t figure out which enterprise you should launch in 2023? Check out 10 stellar home business ideas to get inspiration.
Ecosia adds a train travel search tool powered by Omio
Looking to ride the tracks of increasing demand for longer distance train travel that’s being fuelled by climate-concerned consumers seeking to shrink the environmental impact of their trips, tree-planting search engine Ecosia and multimodal travel booking platform Omio have partnered to launch what they’re billing as a “tree-planting rail travel booking tool”. The idea is […]
Say Hello to the ‘Iced Pumpkin Cream Chai Tea Latte’: Starbucks New Fall Menu Leaked Online
Instagram influencer exposes an alleged menu from the mega-coffee chain that has some customers delighted and depresso.
AutogenAI, a generative AI tool for writing bids and pitches, secures $22.3M
Business is regularly won and lost on the strength of a proposal. Now, a startup out of London called AutogenAI has built a tool based on generative AI that it claims can help businesses write stronger pitches to improve that strike rate, and it has won some money of its own: $22.3 million from Blossom […]
Facebook surpasses 3 billion monthly active users
Facebook has over 3 billion monthly active users, according to Meta’s latest quarterly report. That’s quite the staggering number. Even though Facebook has declined in popularity among younger people, the platform is far from dead. Across Meta’s entire family of apps — which includes WhatsApp, Instagram, Messenger and now Threads — there were 3.88 billion […]