Disrupt early-bird pricing extended to Friday
We see how hard early startup community members work to build their dreams. You're all wicked busy, and that's why we’re extending our early-bird pricing on passes to technewss Disrupt, taking place on October 18–20 in San Francisco.
You get one extra week to save up to $1,300, so
The bootstrapped are coming, the bootstrapped are coming
Welcome to Startups Weekly, a fresh human-first take on this week's startup news and trends. To get this in your inbox, subscribe here.
Bootstrapped startups, or companies that use their own revenue or existing cash flow to fund growth instead of relying on external capital sources, sit in a ve
Swvl’s $100M acquisition of Smart Bus startup Zeelo is off, amid tech stocks slump
All is not well with the proposed acquisition of U.K. start bus platform Zeelo by Mass transit group Swvl. Back in April, we covered how a possible $100 million acquisition was on the cards, and, indeed, both companies confirmed it was, though not the price.
Swvl, an Egyptian-born startup that prov
Kenya directs all banks to stop dealing with Chipper Cash, Flutterwave, saying they are unlicensed
A day after Central Bank of Kenya (CBK), Kenya's monetary authority, said that Chipper Cash and Flutterwave were not licensed to operate in the East African country, the regulator has directed all financial institutions to cease doing business with the two fintechs.
The CBK's bank supervisi
Equal Ventures has a new pair of funds, filings show
Equal Ventures, a venture firm that debuted in 2020 with a $56 million first fund, has raised a pair of new investment vehicles, SEC filings show. The New York City-based firm has closed a $94.8 million second fund and its first opportunity fund, worth $75 million.
The investment firm is led by two
Facebook risks ban in Kenya for failing to stop hate speech
Updated at 9:30am ET, July 30: Kenya’s ICT cabinet minister has said the country has no plans to shut down the internet or ban Facebook. He, however, failed to disclose how the government was responding to the spread of hate speech on social sites.
Kenya's ethnic cohesion watchdog, the Na
How the problem of hiring healthcare staff has become a fertile ground for startups
The healthcare crisis — more evident now as summer heatwaves put pressure on hospitals — is resulting in a staffing boom. But healthcare professionals in Europe can end up with bad terms and pay due to the many hiring agencies offering medical staff on short-term contracts.
As you can imagine,
24 hours left to save $1,300 on early-bird passes to Disrupt
We're T-minus 24 hours until the technewss Disrupt early bird flies south and takes up to $1,300 in savings with it. If you're serious about realizing your startup dreams, you need to be kind to your bottom line. Disrupt is packed with many long-tail opportunities, but this one ends in jus
US-based fintech Umba buys majority stake in Kenya’s Daraja microfinance bank
Umba, a U.S.-based digital bank with a focus on emerging markets, has acquired a majority share of Daraja, a Kenyan deposit-taking microfinance bank, for an undisclosed amount.
Kenya's monetary authority, the Central Bank of Kenya (CBK), said Umba had taken up 66.6% shareholding, an acquisition
Career Karma conducts layoffs as tech jobs face a massive stress test
Learning navigation platform Career Karma has laid off 60 people across its United States and global teams, CEO and co-founder Ruben Harris confirmed to technewss. While he did not share the percentage total of those impacted, sources say a third of staff was let go.
C-suite was not impacted by th
Check out the first Disrupt Audience Choice roundtable winners
Roundtables — some of the most popular sessions at technewss Disrupt — are 30-minute expert-led discussions designed for up to 20 attendees who share an interest in a particular subject. The format allows for deeper conversation, questions and answers, as well as time for attendees to connect
Google announces new Play Store policies around intrusive ads, impersonation and more
Google announced new Play Store policies for developers on Wednesday that aim to address issues with intrusive ads, alarms, VPNs and impersonation of brands and other apps. The company said these policies will go into effect during different timeframes so developers have ample time to make changes
48 hours left to save up to $1,300 on Disrupt passes
Frugal founders and savvy shoppers take heed. technewss Disrupt, which takes place in person on October 18–20 — and online October 21 — can be a serious boon to your business. But our early-bird pricing disappears in a cloud of ruffled feathers on Friday, July 29 at 11:59 p.m. PT.
You have j
Facebook glitch hides users’ comments on pages, draws mixed speculations
Facebook users were yesterday unable to engage in discussions or see comments on popular pages, causing confusion among some consumers, who thought they had been censored.
Meta, Facebook's parent company, told technewss that a technical issue had caused the glitch that temporarily concealed co