This week’s G7 summit in Biarritz, France, has been jam-packed with all the amateur-dramatics we’ve come to expect from America’s CEO—from an insistence that Vladimir Putin be allowed back to the negotiating…
Facebook’s Libra Cryptocurrency is Already Under Attack on Multiple Fronts
It has barely been two months since Mark Zuckerberg announced Facebook’s long awaited foray into the cryptocurrency market with Libra—but the platform already faces a raft of attacks from regulators and competitors.…
Nigerian Logistics Tech Firm Kobo360 Raises $30m Funding
Kobo360, a Nigerian logistics startup, has won $30 million of funding, including $20m led by Goldman Sachs and $10m from compatriot commercial banks. The cash will allow the Lagos-based firm, which connects…
U.K. Government Ponders Fines for Harmful Online Videos
Britain’s government is considering emboldening its media watchdog, Ofcom, with powers to issue large fines for tech platforms whose video content is deemed “harmful” to youngsters. The proposal, introduced by U.K. politicians…
Inxeption Brings Blockchain and Competition to E-Commerce
Most entrepreneurs gamble when they start a company—few were born from a bet. Inxeption, an E-commerce platform built on blockchain technology, is one such exception. Given the expertise behind it, the company’s…
In 2019, Tech Must Win Back Public Trust – Or Sink
From revelations that Twitter, Facebook and YouTube helped Russian intelligence manipulate western elections, to Google’s record $5 billion antitrust fine for misusing Android, 2018 has been a year of scandal for tech’s…
Definers is a Wake Up Call for Facebook’s Media Fans
Was anybody truly surprised when TechCrunch revealed that Sheryl Sandberg, Facebook’s COO, knew more about the company’s work with opposition research group Definers that she originally let on? At first Sandberg, a phlegmatic character…
Anger in Israel as Airbnb Bans Settlement Properties from Site
Airbnb will pull property listings in the Israeli-occupied West Bank, prompting a political backlash in Jerusalem. The vacation rental firm had come under criticism for failing to mention that dozens of homes…
Why HQ2 Could be Bad News for Queens
Thoughts and prayers to Business Insider‘s Graham Rapier, who braved fiercely lukewarm weather for a reportage from “the very edge” of Queens, New York, where Amazon plans to erect one half of its…
Deals of the Week: Hashicorp goes Unicorn, Chinese Coffee Burns Cash and Grab Gets Bumper Funding
Hashicorp: The Young, Hot Startup Worth $1.9 Billion Hashicorp is an open-source software firm that has quickly gained traction. Last Thursday, investors stumped up $100 million that valued the company at $1.9 billion.…