India won’t enforce market share cap on UPI until 2025 in a win for Google and Walmart

December 2, 2022

India won’t enforce a cap on the market share for players operating on the homegrown payments network until December 31, 2024 in a surprising move that analysts say is a major a win for Google Pay and Walmart’s PhonePe. The National Payments Corporation of India, the payments body that oversees the Unified Payments Interface payments […]

India won’t enforce market share cap on UPI until 2025 in a win for Google and Walmart by Manish Singh originally published on TechCrunch

LineupSupply updates its app to generate Instafest-styled posters via your Spotify

December 2, 2022

In the last week or so, a web app named Instafest went viral. Instafest lets you generate festival posters from your Spotify listening history. Millions of people started generating their own festival posters before the official Spotify Wrapped dropped earlier in the week. In order to take advantage of the trend, the LineupSupply app — […]

LineupSupply updates its app to generate Instafest-styled posters via your Spotify by Ivan Mehta originally published on TechCrunch

Your microbiome ages as you do—and that’s a problem

December 2, 2022
This article is from The Checkup, MIT Technology Review’s weekly biotech newsletter. To receive it in your inbox every Thursday, sign up here. We’re all crawling with bugs. Our bodies are home to plenty of distinct ecosystems that are home to microbes, fungi, and other organisms. They are crucial to our well-being. Shifts in the…

How Twitter’s “Teacher Li” became the central hub of China protest information

December 2, 2022
As protests against rigid covid control measures in China engulfed social media in the past week, one Twitter account has emerged as the central source of information: @李老师不是你老师 (“Teacher Li Is Not Your Teacher”). People everywhere in China have sent protest footage and real-time updates to the account through private messages, and it has posted…

Shein jumps on the third-party brandwagon with Alibaba veteran

December 2, 2022

Shein, the ultra-fast fashion giant that’s taken the globe by storm, has brought on another heavyweight executive to help steer its ship. It lately onboarded Jessica Liu, former co-president at the Southeast Asian ecommerce giant Lazada, as its vice president of global brand operations. Liu will be responsible for “global brand partnerships,” according to Shein’s […]

Shein jumps on the third-party brandwagon with Alibaba veteran by Rita Liao originally published on TechCrunch

Twitter-backed ShareChat to shut down fantasy sports app Jeet11, eliminate some jobs

December 2, 2022

Indian social media startup ShareChat, backed by Twitter, Tiger Global and Temasek, is shutting down its fantasy sports platform Jeet11 and has laid off some employees. People familiar with the matter told TechCrunch that the startup sent an email to its affected employees last month. The platform was operational at the time of writing. ShareChat […]

Twitter-backed ShareChat to shut down fantasy sports app Jeet11, eliminate some jobs by Jagmeet Singh originally published on TechCrunch

Kenya’s Uncover raises $1M to expand skincare product enterprise across Africa

December 2, 2022

Africa’s beauty and personal care market is growing accelerated by its growing young and fashion conscious population, increasing spending power, and urbanization. The market’s potential has in recent years attracted major brands, with Fenty Beauty by Rihanna and LVMH being the latest entrants. Niche local brands are also emerging to offer tailored beauty and skin […]

Kenya’s Uncover raises $1M to expand skincare product enterprise across Africa by Annie Njanja originally published on TechCrunch