Spend management startup SiFi raises $10M to grow further in Saudi Arabia

June 3, 2024

The global spend management sector is experiencing a tailwind of sorts. North America is arguably the biggest market in this space, but spend management companies have seen demand rise across the world, thanks to increasing internet penetration, tech advancements and businesses’ increasing focus on making sure they spend wisely. Indeed, the space is expected to […]

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The Download: MDMA for PTSD, and Boeing’s rearranged space flight

June 3, 2024
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. What’s next for MDMA MDMA has been banned in the United States for more than three decades. But now, this potent mind-altering drug is poised to become a badly needed therapy for PTSD.…

Don’t miss StrictlyVC in DC next week

June 3, 2024

The StrictlyVC roadtrip continues! Coming off of sold-out events in London, Los Angeles, and San Francisco, we’re heading to Washington, D.C. for a cozy-vc-packed, evening at the Woolly Mammoth Theatre on Tuesday, June 11 in partnership with Revolution. StrictlyVC events are known for delivering exclusive insights and fostering meaningful connections among top investors, entrepreneurs, and […]

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X tweaks rules to formally allow adult content

June 3, 2024

X will now allow users to post consensually produced NSFW content as long as it is prominently labeled as such.

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Ashby injects recruiting with a dose of AI

June 3, 2024

Ashby consolidates existing talent acquisition tools and leans heavily on AI to automate the more repetitive steps in the recruitment pipeline.

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Spotify to increase premium pricing in the US to $11.99 per month

June 3, 2024

Spotify has announced that it’s hiking subscriptions for customers in the U.S., the second such price increase in the space of a year. The music-streaming giant reports that premium pricing will increase in July from $10.99 to $11.99, representing a near-10% rise. The Duo and Family plans will go up to $16.99 and $19.99, representing […]

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UK neobank Monzo reports first full (pre-tax) profit, prepares for EU expansion with Dublin hub

June 3, 2024

Monzo has announced its 2024 financial results, revealing its first full-year pre-tax profit. The company also confirmed that it’s in the early stages of expanding into the broader European market via a new base in Ireland. The news comes shortly after the U.K.-based neobank raised a couple of hefty tranches of funding, starting with $430 […]

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