Monthly Archives: September 2022

India’s Silicon Valley grapples to deal with torrential rains, floods and power cuts

BENGALURU — Weather officials are predicting more monsoon rains in Bengaluru, complicating prospects for a quicker recovery for India’s Silicon Valley where floods have wrecked many slum houses, cut transportation links, knocked down power and disrupted business operations in parts of the city. The disruption has exposed the poor infrastructure in the city, home to…

NowNow raises $13M seed, plans to scale its ecosystem of financial products across Africa

In 2011, the Nigerian government launched a financial inclusion initiative and set a target to include 80% of the country’s adult population. Although only a target of 64% was met by the end of the decade, one positive from the exercise is that achieving financial inclusion across the country is still a continuous process that…

Kiwi Farms dropped by second web hosting provider

DDoS protection provider DDoS-Guard has followed Cloudflare in terminating its services for controversial forum Kiwi Farms. After analyzing the content of the website, notorious for trolling marginalized social groups, DDoS-Guard disallowed the site from using its DDoS protection service.  Kiwi Farms forum administrators activated DDoS-Guard protection for their domain on September 4, 2022, following Cloudflare’s…

As Russia vows to retaliate against oil price caps, a slate of geopolitical risks could send crude prices soaring — or bring it crashing down

Good morning, readers. I’m Phil Rosen, reporting from Manhattan. Let’s start with two key energy moves.  First, as you may have heard, Russia cut the tap indefinitely for Nord Stream 1 pipeline gas flows. Russian President Vladimir Putin today blamed Germany and Western sanctions for the halt in operations, but said that gas flows could…

Trump turned down a top lawyer’s services during the Russia investigation, with colleagues suspecting he wasn’t ‘bombastic’ enough, book says

Former President Donald Trump. Drew Angerer/Getty Images A top lawyer met Trump during the Russia investigation to discuss representing him, a new book says. But Stephen Brogan, of the top law firm Jones Day, did not end up getting the job, the book said. Jones Day partners reportedly believed Trump wanted “someone a bit more…