Tag: Innovation

(Innovation/Technology) Afriex raises $1.2M seed to scale its payments and remittances platform across Africa (TechCrunch)

Tage Kene-Okafor Sending money from the U.S. to Nigeria can be a painstaking process. For remittance platforms like Western Union, it will cost a transfer fee...
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(Innovation/Technology) Crypto social network BitClout arrives with a bevy of high profile investors, and skeptics (TechCrunch)

Lucas Matney While much of the recent wave of relentless hype around NFTs — or non-fungible tokens — has been most visibly manifested in high-dollar...
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(Innovation/Technology) China to ban apps from collecting excessive user data starting May (TechCrunch)

Rita Liao Starting May 1, apps in China can no longer force users into providing excessive personal data, according to a document jointly released by...
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(Innovation/Technology) Niantic announces partnership with Nintendo on new augmented reality ‘Pikmin’ title (TechCrunch)

Lucas Matney Nearly five years after the launch of Pokémon Go, Niantic announced Monday that they are partnering with Nintendo to co-develop a new title based on...
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(Innovation/Technology) Tencent Music now has joint labels with all ‘big three’ record labels (TechCrunch)

Rita Liao The music streaming arm of Tencent is further tightening its ties with the “big three” record label companies, its major licensing partners. https://techcrunch.com/2021/03/22/tencent-music-joint-labels-warner/
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(Innovation/Technology) Indian beauty e-commerce Purplle raises $45 million (TechCrunch)

Manish Singh Purplle, an e-commerce platform for beauty products in India, said on Monday it has raised $45 million in a new financing round as...
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(Innovation/Technology) The future of data: Unmasking community-level differences to better address food insecurity (Brookings)

Ben Leo The COVID-19 pandemic has exposed the challenge created by high-level, aggregated data when addressing chronic food security and other lasting challenges affecting Africa—namely...
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(Innovation/Technology) These undergraduates left university to build Flux, a payments startup now in YC (TechCrunch)

Tage Kene-Okafor Traditional remittance companies, while necessary, currently have two flaws in speed and exorbitant fees. It can take a long while (days to weeks)...
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(Innovation/Technology) Next Billion Users head Caesar Sengupta is leaving Google (TechCrunch)

Manish Singh Caesar Sengupta, the long-time head of Google’s Next Billion Users initiative, is leaving the company next month, he said Monday. https://techcrunch.com/2021/03/21/next-billion-users-head-caesar-sengupta-is-leaving-google/
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(Innovation/Technology) Indonesian savings and investment app Pluang gets $20M in pre-Series B funding (TechCrunch)

Catherine Shu Indonesia-based fintech Pluang announced today it has raised $20 million in a pre-Series B round led by Openspace Ventures, with participation from Go Ventures and...
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(Innovation/Technology) Singapore-based M Capital Management closes $30.85M debut fund to invest in Southeast Asian startups (TechCrunch)

Catherine Shu M Capital Management, a Singapore-based venture capital firm, announced today it has closed its debut fund, M Venture Partners (MVP), totaling $30.85 million USD. It...
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(Innovation/Technology) Sivo, a young “Stripe for debt” led by a veteran operator, seems to have investors clamoring (TechCrunch)

Connie Loizos Kate Hiscox is having a moment. Her company, Sivo, founded eight months ago, has already raised $5 million from investors at a post-money valuation...
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(Innovation/Technology) The debate about cryptocurrency and energy consumption (TechCrunch)

Leigh Cuen Energy consumption has become the latest flashpoint for cryptocurrency. Critics decry it as an energy hog while proponents hail it for being less...
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(Innovation/Technology) Satellite internet and broadband infrastructure competition: Coming (soon) to a rural area near you (AEI)

Bronwyn Howell According to the conventional wisdom of telecommunications economics, the cost per connection of providing a network service — whether fixed-line or mobile — is higher...
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(Innovation/Technology) How to increase transparency for political ads on social media (Brookings)

J. Scott Babwah Brennen and Matt Perault On March 3, Facebook announced that after four months, it would allow political ads to run on its products again. https://www.brookings.edu/blog/techtank/2021/03/19/how-to-increase-transparency-for-political-ads-on-social-media/
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(Innovation/Technology) The disinformation threat to diaspora communities in encrypted chat apps (Brookings)

Jacob Gursky, Martin J. Riedl, and Samuel Woolley Amid the deluge of misinformation surrounding last year’s presidential election in the United States, voters across the country encountered...
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