Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha and Alex asked: Despite all the dollars and deals out there, does…
Monthly Archives: August 2022
Electric truck maker Nikola announced Wednesday that President Michael Lohscheller will become CEO on January 1. Lohscheller, who will replace CEO Mark Russell upon his retirement, has joined the Nikola Board of Directors, effective immediately. He served as CEO of Opel and VinFast, as well as CFO at Volkswagen Group of America and Mitsubishi Motors…
QED Investors, a U.S. fintech-focused venture capital firm, has led a new investment in TeamApt, a Nigerian fintech that provides business payments and banking platforms. The investment was over $50 million, according to sources familiar with the matter, though neither QED or TeamApt would confirm the figure. Existing investors from the company’s Series B last…
Sport dominates the lives of millions of people around the world, and fortunately most of it is available to watch on one platform or another. That is unless you are abroad. If you are travelling, you might find yourself blocked by your favourite streaming platforms. If you want to keep up to speed with all…
House Speaker Nancy Pelosi and Taiwanese Foreign Minister Joseph Wu. Getty Images Conflict between US and China could be even more devastating to the global economy than war in Ukraine, Ray Dalio said. In a blog post titled “The US-China Tit-For-Tat Escalations Are Very Dangerous,” he said US-China tensions over Taiwan are following a path to…
Fed Chair Jerome Powell. Eric Baradat/Getty Images US stocks rallied Wednesday after data showed headline US inflation cooled in July. The headline reading of 8.5% was below expectations of 8.7% and cooled from June’s 9.1% rate. Core inflation was steady at 5.9% as falling gas prices were offset by increased food and shelter costs. US…
The Mar-a-Lago estate in Palm Beach, Fla.; former President Donald Trump speaks at a rally on Aug. 5, 2022, in Waukesha, Wis. Wilfredo Lee/AP, left; Morry Gash/AP, right. Trump allies believe someone may have “flipped” and informed on Trump to the FBI, Axios reported. The FBI raided Trump’s Mar-a-Lago resort on Monday. Trump’s lawyer claims…
Western Union expanded its Visa Direct integration so US customers can send payments to eligible Visa cardholders in six countries. This partnership can help Western Union compete more aggressively with digital upstarts. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. The news: Western…
Westend61/Getty Images Linktree alternatives offer a similar standout feature: a landing page that hosts links to other sites and profiles. Linktree has become so popular that competitors have appeared with different features, some free and some paid. Here are the best Linktree alternatives, including Koji, Milkshake, Tap Bio, and more. If you create a lot…
A still from Russian state controlled media outlet TVZVezda showing Steven Seagal in what is reported as the bombed- out Olenivksa prison in Russian-occupied Donetsk TVZvezda Steven Seagal visited the site of a destroyed Ukrainian prison, per Russian media. Ukraine and Russia accuse each other of hitting the site, where more than 50 POWs died…