How Untapped Global plans to bring the revenue financing model to African startups
In the developed world, almost anyone can get financing for, say, a car lease. But in an emerging economy like South Africa, the only people who own cars or can even get a car lease are the people who already have something to collateralize, or a payslip to work off. As a result, small businesses,
Keep Financial raises $9M led by a16z to help employers offer forgivable loans as a retention tool
Employee churn is one of the biggest challenges facing organizations working in competitive environments. Today a startup is launching with a new product to add to the artillery of tools that HR people are using to combat that. Keep Financial is building a platform to help employers provide retenti
Spain slaps Google for frustrating the EU’s ‘right to be forgotten’
Here’s a rare sight: Google has been hit with a €10 million fine by Spain for serious breaches of the European Union’s General Data Protection Regulation (GDPR) which found it had passed information that could be used to identify citizens requesting deletion of their personal data und
Social maps app Zenly rolls out its own maps
Zenly, the popular social app with 35 million monthly active users, released a complete redesign just last month. But it turns out that this was just the first part of a bigger change at the company owned by Snap. Zenly is going to compete with the likes of Google Maps and Apple Maps as it has begu
CNCF launches a new program to help telcos adopt Kubernetes
At its KubeCon + CloudNativeCon conference this week, the Cloud Native Computing Foundation (CNCF) announced a new program that aims to help communication service providers and telcos adopt Kubernetes and other cloud native tools. Going forward, the CNCF will provide a new certification, the Cloud
At the first UFO hearing in 50 years, the Pentagon says unexplained reports are way up
An unusual hearing in Congress posed unusual questions to government officials Tuesday, marking the first congressional hearing on UFOs — now called UAPs or “unidentified aerial phenomena” — in half a century.
The House Intelligence Subcommittee on Counterterrorism, Counterintellige
Koyeb is a serverless platform that integrates with your GitHub repository
Koyeb has evolved quite a lot since I first covered the startup. The company is still focused on serverless infrastructure. But it now offers a general purpose serverless platform that you can configure through a simple “git push” command or by using Docker containers.
The company's
Sachin Bansal’s firm fails to secure India bank permit
The Indian central bank has rejected the application of Chaitanya India Fin Credit seeking permission to become a bank in a major setback to Flipkart billionaire Sachin Bansal, who has been looking to take his newer venture, Navi, public.
The Reserve Bank of India on Tuesday rejected four applicati
Red Hat open sources StackRox, the Kubernetes security platform it acquired last year
Last January, Red Hat announced that it was acquiring Kubernetes security startup StackRox, a company that had raised more than $65 million since it was founded in 2014. With StackRox, the company acquired a sophisticated security solution for cloud-native applications, which it then rebranded unde
Storyblok raises $47M to build out its headless CMS aimed at non-technical users like marketers
The world of web development continues to become increasingly more democratized — and more creative — thanks to innovations in “headless” systems that give more flexibility around how a site can look and function: an API-based middle ground between using rigid templates and
Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation
Instant grocery startups sprang up and grew like weeds during COVID-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app, and VCs seeing an gap in the delivery market that had yet to be definitively filled. Now, perhaps inevita
Apple Podcasts gains storage clean-up tools, support for annual subscriptions and a new distribution system
As the battle for podcaster talent and distribution heats up among providers, Apple this morning announced the launch of several new features for its Apple Podcasts service, arriving alongside the latest software updates for iPhone, iPad and Mac. Key among these are features for managing podcast st
Report spotlights vast scale of adtech’s ‘biggest data breach’
New data about the real-time-bidding (RTB) system’s use of web users’ info for tracking and ad targeting, released today by the Irish Council for Civil Liberties (ICCL), suggests Google and other key players in the high velocity, surveillance-based ad auction system are processing and p
Another week of job slashes and crypto crashes
Hi friends!
Welcome back to Week In Review, the newsletter where we wrap up many of the top stories to cross technewss’s front page over the last seven days.
The big thing this week — at least based on what our backend suggests readers cared about most — was the crypto ma