Byju’s cuts over 600 jobs, pushes back payments for $1 billion acquisition

Byju’s, India’s most valuable startup, has eliminated over 600 jobs in recent days and pushed back on payments for a $1 billion acquisition it announced last year. The Bengaluru-headquartered... Read more »

Kukua, creators of “Super Sema,” raises $6 million, led by Alchimia and Tencent

Kukua, a Nairobi- and London-based educational entertainment company and the creators of “Super Sema,” the first African animated superhero franchise, has raised $6 million in its latest round of... Read more »

FCC Commissioner writes to Apple and Google about removing TikTok

FCC Commissioner Brendan Carr wrote to Apple and Google on Tuesday, requesting the companies to remove TikTok from their app stores for “its pattern of surreptitious data practices.” This... Read more »

Entrepreneur First raises $158M at a $560M valuation, adding Stripe’s Collison brothers to its list of backers

Entrepreneur First made a name for itself a decade ago in its home base of London, and then further afield, for the novel approach it takes to tech investing:... Read more »

Arzooo raises $70 million to bring ‘best of e-commerce’ to physical stores in India

Arzooo, an Indian startup that is attempting to bring the “best of e-commerce” to physical retail shops, has raised $70 million in a new financing round as it looks... Read more »

Mapan’s services helps low-income Indonesians users afford goods and services

Mapan’s team, with CEO Ardelia Apti in the front In Indonesia, arisans are traditionally rotating savings and credit associations (RSCA) that let groups of people, primarily women, save and... Read more »

FTC hammers Walmart over years of ‘facilitating’ money transfer scams

The Federal Trade Commission is suing Walmart for sitting by while scammers bilked customers out of more than $197 million, the agency alleged in a statement on Tuesday. It’s... Read more »

Tesla lays off nearly 200 Autopilot workers, shutters San Mateo office

Tesla has gutted the data annotation team working on Autopilot, laying off nearly 200 employees and shutting down the San Mateo, California office where they worked. The layoffs, first... Read more »

Facebook and Instagram are removing posts offering to mail abortion pills

In the aftermath of the Supreme Court’s decision to overturn Roe v. Wade, some Facebook and Instagram users planning to help distribute legal abortion pills are finding themselves censored.... Read more »

Pinterest pins down a new CEO: Google exec Bill Ready

After a 12-year run, Pinterest co-founder Ben Silbermann is stepping down from his perch as CEO of the popular image and link-sharing service. Following word of Silbermann’s departure, Pinterest’s... Read more »
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