Tech

Pinterest partners with record labels to bring popular music to its TikTok rival, ‘Idea Pins’

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Pinterest’s TikTok competitor is gaining new music. The company announced today its video-focused “Idea Pins” feature will now include the ability to add popular tracks from top artists, thanks to new licensing deals with Warner Music Group, Warner Chappell Music, Merlin and BMG. This will expand upon the music already provided through Pinterest’s royalty-free music … Read more

Lyft now lets you reserve parking spaces

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The new Lyft parking feature allows users to search for and reserve parking spaces directly within the app. | Image: Lyft Lyft users can now search, reserve, and pay for parking spaces from the app in cities across the US, reports the San Francisco Chronicle. Drivers can access the new Lyft Parking feature by tapping … Read more

MaxAB, an Egyptian B2B e-commerce platform for food and grocery supplies, nabs $40M

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Last year, MaxAB, the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. The moves signaled MaxAB’s ambition to dominate Egypt’s and North Africa’s B2B retail … Read more

Holidu pockets $102M to keep growing its vacation rentals business in Europe

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Munich-based software and services vacation rental startup, Holidu, has topped up its coffers with an oversubscribed €104 million (~$102M) Series E funding round of equity and debt, led by existing investor 83North, after seeing its year-over-year revenue grew 100% in 2021. The round saw a mix of other existing and new investors chipping in, including … Read more

Eswatini’s central bank mulls issuance of a digital currency

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The kingdom of Eswatini is considering the introduction of a central bank digital currency (CBDC), joining the growing list of African countries exploring the viability of an e-currency. The Central Bank of Eswatini (CBE) said it has appointed German technology group Giesecke+Devrient (G+D) to research and explore the possibilities of a digital Lilangeni (the country’s … Read more