Dubai-based Zywa, a neobank for Gen Z, plans to fuel its growth in the United Arabs Emirates (U.A.E), and to kick-start its expansion to Saudi Arabia and Egypt after raising $3 million seed funding at over $30 million (110 million AED) valuation. The new funding follows the $1 million pre-seed backing it secured in February…
Monthly Archives: August 2022
Russian search giant Yandex has finalized the sale of its two flagship media properties to local rival VK, owner of the eponymous social network. The deal to sell the products, Yandex’s algorithmically sorted news aggregator (News) and blogging recommender platform (Zen), was inked back in April. But today’s binding agreement goes further than that —…
Last week, app researcher Jane Manchun Wong pointed out that Twitter is testing a new profile badge for people who have verified their phone numbers. On Tuesday, the company confirmed that it is running this experiment to “allow people to add context to their accounts.” This could be to essentially verify that a user with…
Indian crypto exchange WazirX’s co-founder Nischal Shetty is in advanced stages of talks to raise a maiden funding round for his new venture, sources familiar with the matter told TechCrunch. Shetty is raising $20 million to $30 million in a seed financing round for his blockchain startup Shardeum, sources said, requesting anonymity as the deliberations…
A case concerning Apple’s driving trade secrets which started in 2018 has come to a close. Xiaolang Zhang, a former Apple employee, pleaded guilty on Monday to stealing confidential information from Apple. In July 2018, a federal grand jury in San Jose indicted Zhang for obtaining a 25-page document containing detailed drawings of a circuit…
Telegram founder Pavel Durov said Monday that he wants to integrate web3 into the messaging app. Durov said on his Telegram channel that he was impressed by the TON project — an independent project not affiliated with Telegram — and how it is used for domain name/wallet auctions. He noted that Telegram can replicate TON’s…
Dutchie today is announcing a new cannabis point of sale platform, including a dual-screen terminal for dispensaries. Called Dutchie POS, this comes just weeks after the company announced a new payment platform, Dutchie Pay. With Dutchie POS and Dutchie Pay, the cannabis tech company is now offering cannabis operators one of the most comprehensive platforms…
Last week, Mark Zuckerberg was roundly mocked for the bad graphics in his preview of a new expansion of Horizon Worlds, Meta’s metaverse effort. His quick response promising better avatars for the actual launch speaks to just how much appearances do matter in these situations. Now, in a spot of perfect timing, a startup out…
The unwritten rule of the internet is that “if there’s a new social media feature, Instagram will copy it.” In the latest example, the Meta-owned social network is testing a BeReal clone feature that challenges people to post candid photos within two minutes. A screenshot of the feature posted by app researcher Alessandro Paluzzi described…
If software is eating the world, AI isn’t far behind. AI-powered text-, art- and audio-generating systems will soon make — and already are making — their way into the tools people use every day, from programming environments and spellcheck plugins to concept art creation platforms. The video game industry is no exception to this, and…