Spain’s Cobee raises $41M for an employee benefits ‘superapp’

November 22, 2022

Benefits are one of the great oxymorons of full-time employment: the name implies help and advantages, but in a lot of cases, it’s hard to know what perks and rewards you might have available to you, much less use them on a regular basis. Now, a startup called Cobee that’s built a platform and app […]

Spain’s Cobee raises $41M for an employee benefits ‘superapp’ by Ingrid Lunden originally published on TechCrunch

FTX processed billions monthly in Africa before going bust

November 22, 2022

On November 14, Nestcoin, one of the startups leading crypto and web3 efforts in Africa, announced that it was laying off several employees. At least 30 employees across various departments were let go, while those who were left at the company had their salaries slashed by as much as 40%, according to people familiar with […]

FTX processed billions monthly in Africa before going bust by Tage Kene-Okafor originally published on TechCrunch

Faraday Future warns it may not be able to deliver its luxury EV

November 22, 2022

Electric vehicle startup-gone-SPAC Faraday Future has raised a going concern warning, per regulatory filings. The company said it has substantial doubt as to whether it would be able to continue operating over the next year, adding that it is uncertain when it will dispatch first deliveries of its FF 91 luxury EVs. This isn’t the […]

Faraday Future warns it may not be able to deliver its luxury EV by Rebecca Bellan originally published on TechCrunch

Elon Musk puts Twitter’s Blue Verified relaunch on hold

November 22, 2022

If you didn’t jump at the chance to give Elon Musk $7.99 for a blue check while you could, you might have to wait a bit longer. Originally slated to relaunch on November 29, Musk tweeted Monday evening that the product will be put on hold until “there is high confidence of stopping impersonation.” The […]

Elon Musk puts Twitter’s Blue Verified relaunch on hold by Amanda Silberling originally published on TechCrunch

Crypto firm Genesis says it has “no plans to file bankruptcy imminently”

November 21, 2022

Genesis, a digital assets financial services firm, may be in hot water as it looks to raise fresh capital for its lending unit or potentially face bankruptcy if it can’t, according to a report by Bloomberg. Genesis was facing a liquidity crisis after FTX collapsed, which “created unprecedented market turmoil, resulting in abnormal withdrawal requests […]

Crypto firm Genesis says it has “no plans to file bankruptcy imminently” by Jacquelyn Melinek originally published on TechCrunch

Tumblr to add support for ActivityPub, the social protocol powering Mastodon and other apps

November 21, 2022

Tumblr will add support for ActivityPub, the open, decentralized social networking protocol that’s today powering social networking software like Twitter alternative Mastodon, the Instagram-like Pixelfed, video streaming service PeerTube, and others. The news was revealed in a response to a Twitter user’s complaint about Mastodon’s complexities. Automattic CEO Matt Mullenweg — whose company acquired Tumblr […]

Tumblr to add support for ActivityPub, the social protocol powering Mastodon and other apps by Sarah Perez originally published on TechCrunch

Quit Twitter better with these free tools that make archiving a breeze

November 21, 2022

It’s never a bad time to back up your data. But for Twitter users, it’s arguably more urgent than usual, what with the platform’s recent… unpredictability. Mass firings and resignations, whiplash policy changes and crippled infrastructure don’t instill a ton of confidence that Twitter will remain stable well into the distant future. That’s why it’s […]

Quit Twitter better with these free tools that make archiving a breeze by Kyle Wiggers originally published on TechCrunch