TikTok has announced an incoming tightening of its policies around political accounts using its video-sharing platform, such as those belonging to political parties, politicians and governments. The changes look intended to limit, er, political grifting (for want of a better term) — with an incoming ban on use of monetization features (like tipping, gifting and … Read more
Credit lines are a lucrative product. U.S. consumers alone pay $120 billion in credit card interest and fees every year, according to the Consumer Financial Protection Bureau. Given the revenue opportunity, it’s no surprise that there’s enduring interest from both startups and established companies in delivering credit-based products. But challenges stand in the way, including … Read more
Cybersecurity giant Malwarebytes has announced it has received a $100 million cash injection from Vector Capital, a private equity firm that invests in established technology businesses. Vector Capital might not be a household name, but the company has previously invested in companies like Corel, LANDesk, RealNetworks, WatchGuard and WinZip. The firm says it usually invests … Read more
Nick Barclay / The Verge Starting Wednesday, TikTok is expanding its elections rules to make it harder for politicians and political groups to fundraise using the platform — and plans to ban all fundraising activity soon. The changes come only six weeks before the November midterm elections. In a blog post, TikTok’s president of global … Read more
Figma’s new ownership sparks an outcry within the digital design community. | Illustration by Kristen Radtke / The Verge The world of creative technology was rocked last week by news that industry giant Adobe had acquired Figma, makers of a hugely popular suite of UI and UX design tools, for a whopping $20 billion. The … Read more
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LG’s unreleased rollable. | Image: 뻘짓연구소 More than a year after LG unceremoniously exited the smartphone business and abandoned plans to release a rollable smartphone, a lengthy hands-on video has given us a comprehensive look at the unreleased device. LG’s rollable cropped up in a short clip earlier this year, but this new video is … Read more
In just six years, UPI has become the most popular way Indians transact online. The mobile electronics payments system was used for over 6.57 billion transactions in the world’s second largest internet market last month. Now, it’s taking steps to supercharge its growth. The payments network, which was built by a coalition of banks, is … Read more
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The Nvidia RTX 6000 ADA professional GPU isn’t your run-of-the-mill gaming card. | Image: Nvidia Nvidia has announced the RTX 6000 48GB graphics card, the latest model to join its family of workstation-focused GPUs designed for content creators and enterprise-grade graphics. Nvidia describes the RTX 6000 as the perfect tool for creating content for the … Read more
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African capital markets exist in silos, as various exchanges within the continent are often inaccessible to investors outside their home countries. For instance, a South African investor who wants to diversify their portfolio outside the Johannesburg Stock Exchange may find investing in the Nigerian Stock Exchange difficult. Not only does this limit investors’ access to … Read more
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From healthcare to manufacturing, traditional industries have been getting a digital makeover over the past decade. But some sectors have been left behind. Maritime shipping, argued Fabian Fussek, CEO and co-founder of Kaiko Systems, is the “last frontier of digitzation.” Kaiko Systems is a Berlin-based startup trying to digitize operations on commercial vessels. Around 90% … Read more
Last year’s Surface Pro 8. | Image by Becca Farsace / The Verge Microsoft is widely expected to launch its next generation of Surface devices at an event next month, and over the past week an increasing number of rumors have shed light on what form they could take. Top of the list is a … Read more
Ivorian payments-led fintech startup Julaya has extended its pre-Series A round by $5 million. The company, which facilitates B2B payments for businesses in Francophone West Africa, mainly via mobile money channels, has raised a total of $7 million in the financing round. In 2019, West Africa reported the most live mobile money services in any … Read more
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In its latest step of the app cleanup drive, Google is folding in Assistant and Calendar reminders in its Tasks app. The company wants to make it easier to manage your tasks and reminders from any of these three apps by unifying its to-do systems. Currently, Google Tasks — which was first launched as a … Read more
Managing cap tables and equity at high-growth companies can be a complicated (and sometimes messy) business, a fact that founders and employees often discover too late. That’s given rise to a wave of companies building software to help, and today a European leader in that pack is announcing some funding to fuel its own growth. … Read more