Media

Profitability has been an ongoing theme for Jumia since it went public in 2019. Each time the pan-African e-commerce platform releases its quarterly financials, investors and tech stakeholders dwell on its adjusted EBITDA and operating losses. While the company's financial results in the last c

The European Commission has just taken the wraps off a beefed up industry Code of Practice for tackling online disinformation across the EU. Signatories to the Code — who include tech giants like Google, Meta, TikTok and Amazon-owned Twitch but also smaller players like Clubhouse and Vimeo, a

Finout, a cost monitoring app for cloud software and platforms, today emerged from stealth with $18.5 million — a combination of a $14 million Series A funding round led by Team8 Capital and a $4.5 million seed round led by Pitango First. Co-founder and CEO Roi Ravhon said that the capital wi

Google Maps is introducing a new widget for Android that will be another use for the functionality that helped make a name for Waze, the other driving and mapping app that Google acquired nearly a decade ago: It will now show live traffic around you not just in the app but in a widget you can acces

Prime Day, Amazon’s annual event where it and sellers on the platform discount a huge number of items for a burst of sales activity, is coming to a screen near you. Today, the e-commerce giant announced that Prime Day will run this year on July 12-13. The U.S., Amazon’s home turf, is th

The recent IPOs of several tech companies in Southeast Asia might give investors cause to wonder if the time is ripe for exits and consolidation in the region. If you’re thinking along those lines, you aren’t far off from the truth. An analysis of recent changes in the market reveals fo

Out of all features Apple announced at its Worldwide Developer Conference (WWDC) last week, a new addition to Apple’s Visual Lookup system — a feature where you can “pick up” an object from a photo or a video with just a press of your finger — was the most fun. While Apple int

Yesterday, Netflix greenlit “Squid Game: The Challenge,” a reality competition series based on the popular South Korean drama that, luckily, doesn't have people killing each other “Hunger Games” style and will offer a cash prize of $4.56 million. (That's a lifetime of dalgona candie

Apple has signed a deal with Major League Soccer (MLS) that will see the company stream every MLS match for 10 years starting in 2023. The partnership will allow fans to watch all MLS, Leagues Cup and select MLS NEXT Pro and MLS NEXT matches in the Apple TV app. Starting in early 2023 through 2032,

Twitter’s expanding its suite of offerings for businesses with a new feature called Location Spotlight for professional accounts, the company announced on Tuesday. Now, local stores can display details on their profiles such as the location of their business or shop, contact info and operatio

Instacart announced today that it’s introducing Instacart+, a revamped version of its subscription service previously called Instacart Express. The subscription service costs $9.99 per month or $99 per year and will give customers access to new family shopping features and free delivery on or

Amazon Fire TV revealed an updated user interface that aims to improve the navigation experience for users. Instead of a text menu item, there will now be an icon-based navigation bar that offers quick access to popular destinations, including “Home,” “Find,” “Live” and “My Stuff”,

The banking industry isn’t always welcoming to startups, depending on the market’s outlook. As inflation rises and companies brace for the worst, once-promising neobanks are being forced to face the music. For example, Varo Bank, the first neobank to be granted a U.S. bank charter, rece

Pok Pok, a Toronto-based edtech company, has announced that it raised $3 million in seed funding to expand its play-based learning experiences for kids. The company was founded in 2019 after it spun out of Snowman, the small studio behind award-winning iOS games Alto's Adventure, Alto's Ody