Founder of troubled crypto asset unicorn Babel launches new DeFi project, stablecoin

Flex Yang, the former CEO and founder of Babel Finance, is leading efforts to restructure the now embattled crypto asset unicorn while introducing a new decentralized project with hopes... Read more »

Naspers shuts down Foundry, its $100M fund focused on South African startups

Naspers, Africa’s most valuable tech company by market capitalization, has winded down the operations of its R1.4 billion (?$100 million) South Africa-focused venture capital fund Naspers Foundry, according to... Read more »

After SVB failure, regulators close crypto-friendly bank Signature Bank

Signature Bank is the second casualty of the ongoing banking crisis in the U.S. The New York-based financial institution stopped operating abruptly on Sunday — customers will be made... Read more »

Building a PLG motion on top of usage-based pricing

Puneet Gupta Contributor Share on Twitter Puneet Gupta is the CEO and co-founder of Amberflo.io. He was formerly a general manager at AWS. I spent several years as a... Read more »

EV SPACs hunt for cash, the SVB fallout continues and a new AV startup emerges

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your... Read more »

Qualtrics accepts $12.5B all-cash acquisition offer to go private

Qualtrics, the software company behind an experience management platform used by thousands of companies such as Uber, Coca-Cola, and Pfizer, has accepted a $12.5 billion all-cash offer from private... Read more »

Instagram is making it more accesible to reshare Reels you already sent to friends

Instagram is testing a new feature that will quickly let you access your recently shared Reels. This makes it easier for users to reshare a Reel they liked to... Read more »

UK tech ecosystem reacts to the news of SVB UK acquisition by HSBC

UK tech founders, investors, and ecosystem leaders have been giving their reactions to the news that SVB UK will be rescued by HSBC. Andrew J Scott Founding Partner 7pc... Read more »

In historic last-minute deal, HSBC acquires Silicon Valley Bank UK, says all depositors’ money is safe

HSBC UK is acquiring Silicon Valley Bank UK for a symbolic £1, after a tense weekend of frantic negotiations by the UK government, regulators and a suite of other... Read more »

Medigo’s app makes prescription deliveries available 24/7 in Vietnam

Over the last three years, Ho Chi Minh City-based Medigo has grown to 500,000 active users by providing 24/7 one-demand prescription delivery services. Now it’s planning to grow its... Read more »
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