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mPharma, a Ghanaian health tech startup that manages prescription drug inventory for pharmacies and their suppliers, today announced its expansion to Ethiopia. The company was founded by Daniel Shoukimas, Gregory Rockson and James Finucane in 2013. It specializes in vendor-managed inventory, retai

"speakable-summary" style="font-weight: 400;">Snyk, a developer of application security technology, is now worth $4.7 billion after a new fundraising and secondary sale that totaled $300 million. In all, investors have poured $470 million into the company after this new investment, which was led by

Montreal-based Heyday announced today that it has raised $6.5 million Canadian ($5.1 million in US dollars) in additional seed funding. Co-founder and CEO Steve Desjarlais told me that the startup’s goal is to allow retailers to bring more automation and more personalization to their online c

Apple is making a big investment in Germany, Russia takes aim at Twitter and Roblox goes public. This is your Daily Crunch for March 10, 2021. P.S. Don’t forget to sign up for TC Early Stage 2021, a virtual event focused on operations and fundraising that we’re holding on April 1 and 2!

Last month Jeff Bezos announced he would step down as CEO of Amazon later this year, moving into the executive chairman role, while passing the baton to AWS CEO Andy Jassy. Could Marc Benioff, co-founder, chairman and CEO at Salesforce be the next big-name executive to make a similar move? A Reuter

The U.S. Department of Defense is setting up a working group to focus on climate change. The new group will be led by Joe Bryan, who was appointed as a special assistant to the Secretary of Defense focused on climate earlier this year. The move is one of several steps that the Biden

A newly launched Mac app called Superpowered aims to make it easier to stay on top of all your Zoom calls and Google Meets, without having to scramble to find the meeting link in your inbox or calendar app at the last minute. Instead of relying on calendar reminders, Superpowered offers a notifica

Actor Terry Crews is going in on the blockchain. With the help of social currency startup Roll, Crews is launching his own social currency, $POWER. But first, let’s break down what that means. Anyone can create a social currency, which hundreds of creators have already done via Roll, to chang

Facebook has challenged the FTC’s antitrust case against it using a standard playbook that questions the agency’s arguably expansive approach to defining monopolies. But the old reliable “we’re not a monopoly because we never raised prices” and “how can it be ant

In 1998, Sun Microsystems piloted its “Open Work” program, letting roughly half of their workforce work flexibly from wherever they wanted. The project required new hardware, software and telecommunications solutions, and took about 24 months to implement. Results were very positive, with a re

As Roblox began to trade today, the company’s shares shot above its reference price of $45 per share. Currently, Roblox is trading at $71.10 per share, up just over 60% from the reference price that it announced last night. That effort finally set a directional value of sorts on Roblox’

British electric vehicle subscription service Onto has partnered with Shell to give its users access to charging stations in preparation for a wave of new EVs coming to market over the next several years.  The partnership, which Shell announced Tuesday, will give Onto customers access to more than

Twitter says it’s running a test with a small subset of iOS and Android users to “give people an accurate preview” of what an image will look like without the trial and error that process involves now. As it stands now, the platform automatically crops images to make them display

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says