Tencent veterans secure $13M to build cross-chain decentralized identities
There are many startups working on decentralized identities for the next generation of the internet. Four Tencent veterans want their offering .bit, an identity protocol built on the blockchain, to become the universal identification system in web3, like how emails and phone numbers became ubiquito
Meta invests in Take App, a Singaporean startup that helps merchants sell via WhatsApp
WhatsApp has long transcended its roots as a simple messaging app for friends, and is now a core communication tool for businesses seeking a direct channel to their customers’ pockets — both literally and metaphorically. Countless companies have turned to the omnipresent messaging app a
Pastel, a Nigerian bookkeeping and digital platform for merchants, raises $5.5M led by TLcom
There's no end to digitizing the operations of small and medium businesses (SMBs) in the traditional retail sector across sub-Saharan Africa. In Nigeria alone, this industry, worth more than $200 billion, consists of over 40 million businesses of varying sizes, according to reports.
Traditional
As companies fight to retain talent, employee-benefits startups might escape cost cuts
How will employee-benefits startups fare when their corporate customers start slashing costs as the market goes downhill? We’re going to find out if current trends continue.
There was a spike in the number of startups offering employee-benefits services through a B2B2C model last year, as nea
Battery investment moves onshore to kick-start US EV production
Automakers and suppliers are breaking ground on battery factories across the United States as they race to go all in on EVs by the end of the decade.
Car companies and suppliers such as LG Energy, SK Innovation, Panasonic and Samsung are investing more than $38 billion through 2026 to boost battery
Are debt financings the new venture round for fintechs startups?
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the prev
Twilio gets hacked, teens ditch Facebook, and SpaceX takes South Korea to the moon
Hi again! Welcome back to Week in Review, the newsletter where we quickly recap the top stories from technewss dot-com this week. Want it in your inbox every Saturday? Sign up here.
Is Facebook for old people? If you’ve got a teenager around the house, you’ve probably heard them say as
Roon wants to educate patients with freshly sourced info on their conditions
As individuals try to manage medical information and understand their conditions, many typically turn to Google or WebMD — neither of which does much to verify or provide the latest information. But Roon plans to change this with a medical education platform for vetted information, sourced strict
Daily Crunch: Samsung’s vice chairman receives presidential pardon for bribery conviction
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Last night was a full moon, somehow it's already halfway through August, and did you know there's a Beach Plum LaCroix flavor? The world's gone topsy-
The subscription pie is getting bigger: How to leverage usage-based billing
Challenging times for the tech and consumer industries have created a lot of buzz around “subscription fatigue.” The very model that business and consumer platforms have relied on for growth and predictable revenue seems under threat in a changing economy.
There is one problem with that
FTX Ventures’ Amy Wu is bringing her blockchain investing expertise to TC Sessions: Crypto
The world of crypto venture has had a whirlwind few years, with powerful new players inspiring furious catch-up among traditional VC firms aiming to make a name for themselves in the sector. All the while, the corporate venture fund has been reshaped by plenty of the top crypto startups, now capita
Nothing negative about Positive Food's meal expansion plan after $7M investment
Positive Food Co., providing freshly packaged salads, heat-and-eat prepared meals and vegan overnight oats, raised $7 million in funding as it goes after the $34 billion fresh prepared foods market.
In 2018, co-founders Schuyler Deerman and James Chan started selling healthy meals at WeWork office
Diagnostic Robotics has AI catching health problems before they take you to the ER
A stitch in time saves nine, they say — and a blood thinner in time saves a trip to the emergency room for a heart attack, as Diagnostic Robotics hopes to show. The company’s machine learning-powered preventative care aims to predict and avoid dangerous (and costly) medical crises, saving e
The best cloud unicorns aren’t as overvalued as you might think
Living as we are in an IPO drought, new data points about the financial health of unicorns are annoyingly scarce. Unicorns — private tech companies worth $1 billion or more — have become an asset class of their own. Crunchbase counts 1,386 global unicorns, pegging their value at $4.8 tr