Inside LemFi’s play to be fintech to the Global South diaspora

The African tech ecosystem, buffeted by huge potential but also lots of economic, political and social instabilities, is no stranger to major drama befalling even its most promising-looking startups. But recently, LemFi, the Nigeria-based fintech that provides money transfer services to African migrants, is shaping up as an example of a bounce-back—and growth story. After … Read more

A humanoid robot is on its way from Mobileye founder

Mentee Robotics hasn’t been in stealth, exactly. The Israeli firm caught a small wave of press at the tail end of 2022, following Tesla’s initial humanoid robotics announcement. As that was the year of the startup’s founding, it didn’t have much to show off at the time. Even so, the firm caught some headlines because … Read more

Vorlon is trying to stop the next big API breach

Application programming interfaces, or APIs as they’re commonly known, are the bedrock of everything we do online. APIs allow two things on the internet to talk with each other, including connected devices or phone apps. But the enormous growth of API usage — around half of all internet traffic — is putting businesses’ data at … Read more

Owner of Grand Theft Auto to layoff hundreds and cut projects

The company expects to complete its downsizing efforts by the end of this year. | Image: Take-Two Interactive Take-Two Interactive, the gaming company behind franchises like Grand Theft Auto, NBA 2K, and Bioshock, has announced cost-cutting measures that will lay off “approximately five percent” of its global workforce and scrap several projects already in development. … Read more