Nigerian credit-led digital banking platform FairMoney has acquired PayForce (sub-brand of YC-backed CrowdForce), a merchant payment services that serves small businesses, as the digital lender looks to broaden its financial services proposition to merchants. Both startups declined to disclose the terms of the deal. However, according to sources, the transaction was a cash-and-stock deal in … Read more
You’d think that an industry like manufacturing had its own software stack, but in a lot of cases, a huge amount of getting-things-made is managed through Excel spreadsheets. The thing is, spreadsheets are great for many things, but for manufacturing, and especially on the people-management front, there simply has to be a better way, AG5 … Read more
Rethink Ventures just announced a €50 million specialist fund focused on mobility, automotive and logistics. With keywords “clean, safe, and digital,” the Munich-based firm is focusing especially on Europe-based startups at the early stage, stretching into Series A financing. LPs include ZF Ventures, Hellmann Worldwide Logistics, KION Group, Berylls and HAVI, as well as the … Read more
Flat6Labs is amongst the most active VCs in Africa, having invested in over a hundred startups to date, across the Middle East and North Africa (MENA) region. And now, after 11 years, the Egypt-based seed-stage accelerator is setting out on a foray into East and West Africa through a $95 million Africa Seed Fund investment … Read more
Flat6Labs is amongst the most active VCs in Africa, having invested in over a hundred startups to date, across the Middle East and North Africa (MENA) region. And now, after 11 years, the Egypt-based seed-stage accelerator is setting out on a foray into East and West Africa through a $95 million Africa Seed Fund investment … Read more
The law has been controversial for gig workers. | Photo by Justin Sullivan/Getty Images An appeals court in California has ruled that the state’s Proposition 22 should mostly be allowed to stand, after a judge ruled to strike it down in 2021, declaring it unconstitutional, according to The Wall Street Journal and The New York … Read more
Image: The Verge Microsoft laid off its entire ethics and society team within the artificial intelligence organization as part of recent layoffs that affected 10,000 employees across the company, Platformer has learned. The move leaves Microsoft without a dedicated team to ensure its AI principles are closely tied to product design at a time when … Read more
From alternative banks to on-chain banking, crypto banking still has plenty of options, experts say.
Investment banking giant Goldman Sachs analysts have predicted that the U.S. central bank will not raise interest rates at its next FOMC meeting on March 22, according to a report.
Mike Winkelmann, also known as Beeple, has opened the 50,000-square-foot Beeple Studios in Charleston, South Carolina, to showcase his art and to build a community of fellow creators.
Amid a U.S. banking crisis, value is flowing into bitcoin. Is this the beginning of the “Great Reset”? investor and author Tatiana Koffman asks.
The Commodity Futures Trading Commission announced former White House official Carole House and TRM Labs’ Ari Redboard as the new chair and vice chair of its Technology Advisory Committee.
The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.
Meta’s Stephane Kasriel said on Twitter the decision is prompted by a desire “to focus on other ways to support creators, people, and businesses.”
Illustration by Nick Barclay / The Verge Meta is “winding down” its work with NFTs on Facebook and Instagram, Meta commerce and fintech lead Stephane Kasriel said in a Twitter thread on Monday. The decision means Meta will end its tests of minting and selling NFTs on Instagram as well as the ability to share … Read more
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Fissures among the progressive left are primarily responsible for the lack of U.S. regulatory progress around stablecoins, says John Rizzo, senior vice president for public affairs at Clyde Group.
Shares of Euler token fell 50% hours after an exploit on its protocol while First Republic shares fell roughly 62% following U.S. bank turmoil.
It’s like the eye-level finders of old medium format film cameras, but now for a compact digital camera — with lasers. | Image: Sony Giant frickin’ laser beams get all the buzz and sci-fi love, but it’s our little laser bros that are putting in the work: taking measurements, entertaining our cats, and now, in … Read more
The Verge The fall of Silicon Valley Bank, explained Continue reading…
Image: Mr. White via 9to5Mac There’s a chance we just got a look at some cables and sensors for Apple’s upcoming and much-rumored virtual / augmented reality headset. Photos from MrWhite128, a protected Twitter account, which were reposted by MacRumors and 9to5Mac, appear to show ribbon cables that look like they’d fit perfectly in a … Read more
