XOi raises $230M, acquires Specifx to expand its tech for field service technicians
Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. But that same blind spot speaks of the opportunity in the space for those who are stepping up and targeting “the job site.” One of the players in that space, XOi […]
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Pinterest partners with record labels to bring popular music to its TikTok rival, ‘Idea Pins’
Pinterest’s TikTok competitor is gaining new music. The company announced today its video-focused “Idea Pins” feature will now include the ability to add popular tracks from top artists, thanks to new licensing deals with Warner Music Group, Warner Chappell Music, Merlin and BMG. This will expand upon the music already provided through Pinterest’s royalty-free music […]
Pinterest partners with record labels to bring popular music to its TikTok rival, ‘Idea Pins’ by Sarah Perez originally published on TechCrunch
The debate over whether aging is a disease rages on
MaxAB, an Egyptian B2B e-commerce platform for food and grocery supplies, nabs $40M
Last year, MaxAB, the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. The moves signaled MaxAB’s ambition to dominate Egypt’s and North Africa’s B2B retail […]
MaxAB, an Egyptian B2B e-commerce platform for food and grocery supplies, nabs $40M by Tage Kene-Okafor originally published on TechCrunch
Holidu pockets $98M to keep growing its vacation rentals business in Europe
Munich-based software and services vacation rental startup, Holidu, has topped up its coffers with an oversubscribed €100 million (~$98M) Series E funding round of equity and debt, led by existing investor 83North, after seeing its year-over-year revenue grew 100% in 2021. The round saw a mix of other existing and new investors chipping in, including […]
Holidu pockets $98M to keep growing its vacation rentals business in Europe by Natasha Lomas originally published on TechCrunch
Eswatini’s central bank mulls issuance of a digital currency
The kingdom of Eswatini is considering the introduction of a central bank digital currency (CBDC), joining the growing list of African countries exploring the viability of an e-currency. The Central Bank of Eswatini (CBE) said it has appointed German technology group Giesecke+Devrient (G+D) to research and explore the possibilities of a digital Lilangeni (the country’s […]
Eswatini’s central bank mulls issuance of a digital currency by Annie Njanja originally published on TechCrunch
Makersite lands $18M to help companies manage product supply chains
In 2018, Neil D’Souza, a software engineer by trade and previously the VP of product development at Thinkstep, came to the realization that his ten-plus-year effort to solve enterprise product challenges in the areas of sustainability, compliance and risk were having little impact. The way he saw it, they took too long, which minimized their […]
Makersite lands $18M to help companies manage product supply chains by Kyle Wiggers originally published on TechCrunch
Google is finally making Chrome tablet-friendly
After ignoring the app experience on Android tablets for years, Google appears increasingly focused on turning things around. Earlier this year, the search giant introduced Android 12L, which brought an improved interface and multitasking experience to tablets and foldable. At the developer conference Google IO in May, it promised to finetune over 20 of its […]
Google is finally making Chrome tablet-friendly by Ivan Mehta originally published on TechCrunch
Egypt’s Nexta to launch “next-gen banking” app with fresh $5M
Nexta, an Egyptian startup that plans to launch its banking app in the coming months, has secured a $5 million investment from eFinance Group, a state-owned provider of digital payments solutions. This news follows the $2 million pre-seed round Nexta announced this March, which Egyptian early-stage VC Disruptech led. Last year, Nexta obtained a provisional […]
Egypt’s Nexta to launch “next-gen banking” app with fresh $5M by Tage Kene-Okafor originally published on TechCrunch
Kakao co-CEO resigns after fire incident that caused mass outage
Whon Namkoong, the co-chief executive of Kakao, has resigned after a fire incident at a data center caused a mass outage over the weekend and disrupted several services at Kakao. Namkoong, who joined Kakao in 2015, was elevated to the co-CEO role this March. At a press conference Wednesday, he said the company will do […]
Kakao co-CEO resigns after fire incident that caused mass outage by Manish Singh originally published on TechCrunch