Media

Z1, a Sao Paulo-based digital bank aimed at Latin American GenZers, has raised $2.5 million in a round led by U.S.-based Homebrew. A number of other investors also participated in the financing including Clocktower Ventures, Mantis – the VC firm owned by The Chainsmokers, Goodwater, Gaingels, Som

A 2016 study by global consultancy PwC states that an estimated 90% of sales in Africa’s major economies come through informal channels like markets and kiosks. In sub-Saharan Africa, 90% of these household retail transactions are carried out via a network of about 100 million MSMEs.  Africa

High-profile investors are doubling down on their bets to explore the future of social commerce in India. DealShare said on Thursday it has raised $144 million in a new financing round as it looks to expand its presence in the South Asian market and eye opportunities in international markets. The n

A group of 37 attorneys general filed a second major multi-state antitrust lawsuit against Google Wednesday, accusing the company of abusing its market power to stifle competitors and forcing consumers into in-app payments that grant the company a hefty cut. New York Attorney General Letitia James

A new pilot program from TikTok would inject a little LinkedIn into the youthful video-based social network. TikTok announced that, starting today, it will invite users to submit video resumes to participating companies, including Target, Chipotle, Shopify, Meredith, NASCAR and the WWE. The company

Trump’s spicy trio of lawsuits against the social media platforms that he believes wrongfully banned him have succeeded in showering the former president with a flurry of media attention, but that’s likely where the story ends. Like Trump’s quixotic and ultimately empty quest to g

In his first press event since ignominiously leaving office earlier this year, former President Donald Trump announced that he is launching a volley of class-action lawsuits against Twitter, Facebook and YouTube, claiming that the three companies violated his First Amendment rights. The suits also

A new startup called SwoonMe aims to fix the problem with superficial dating apps, where users primarily make decisions based on how someone looks in their photos. Instead of swiping through profiles, SwoonMe’s idea is to use a combination of avatars and audio to encourage users to connect ba

Twitter today has shared a few more ideas it’s thinking about in terms of new features around conversation health and privacy. This includes a one-stop “privacy check-in” feature that would introduce Twitter’s newer conversation controls options to users, and others that wou

Video game platform Roblox announced this morning it has partnered with Sony Music Entertainment on a deal that wl allow the two companies to work together to create music experiences for the Roblox community, including opportunities that would give Sony Music artists a way to reach new audiences a

So much for the big E3 reveal. Weeks after the big gaming show, Nintendo has finally taken the wraps off the latest iteration of its wildly popular hybrid gaming console. The Nintendo Switch (OLED model) [parentheses theirs] will arrive on October 8, priced at $350. That is, the company’s qui

Amazon founder and CEO Jeff Bezos has always liked to motivate his employees by saying every day is Day 1. Well, it is actually Day 1 for his successor Andy Jassy, who officially moves into the corner office at Amazon today. Bezos announced in February that he would be stepping down as CEO to focus

Twitter no longer enjoys the liability protection against user-generated content in India, the government said in a court filing this week as tension escalates between the two over the South Asian nation’s new IT rules. In a court filing on Monday, New Delhi said Twitter has lost its immunity

China has ordered app-store operators to remove the app of Didi from their stores, the latest as tension escalates between the nation's largest ride-hailing giant and local regulators. The app has disappeared from several stores including Apple's App Store in China, technewss can confirm.