TECHNOLOGY

African fintech Chipper Cash saw its valuation slashed from $2 billion to $1.25 billion before FTX’s bankruptcy, according to documents shared by the Financial Times on Alameda’s venture capital portfolio. TechCrunch got a whiff of this information from sources familiar with the company’s financial situation, and though the African cross-border payments company didn’t confirm the
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Telegram Premium has amassed over 1 million subscribers, less than six months after the popular instant messaging app launched the paid offering and began a serious effort to monetize the business. Pavel Durov shared the update on his Telegram channel Tuesday, calling the milestone “one of the most successful examples of a social media subscription
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Amazon is inching closer to launching Prime Gaming, its subscription service that offers free access to a number of titles and which ships bundled with Amazon Prime and Video plans, to its members in India, according to the company’s website. “With Prime Gaming (included with your Prime membership) unlock instant access to tons of exclusive
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SpaceX’s launch services have already become an invaluable resource for the U.S. government, but the company is now jumping into the deep end of the pool it had heretofore only splashed around in. Starshield, a new vertical within SpaceX, will provide “government entities” (think three-letter agencies) with secure communications and bespoke satellite designs. The new
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Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It is the first Monday of December, so this show is getting into the holiday spirit. And by that, we mean thinking far too much about the geopolitical-technological landscape, naturally. Here’s what
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After four years operating primarily as a logistics marketplace, Egypt’s Voo has rebranded to SideUp and transformed its strategy to offer a complete spectrum of e-commerce support services, including payment gateways, API integration for shipping, warehousing, fulfillment, and advisory. The startup has also expanded to Saudi Arabia, where it will be headquartered henceforth, after raising
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Michael Dombrowski Contributor Michael Dombrowski is the corporate treasury adviser at Rho. He is an SEC-registered investment adviser specializing in fixed-income investments and corporate cash management. Liquidity is your company’s lifeline. With it, you have a fighting chance of achieving your vision, but when you’re out of money, you’re on the course to ruin. It’s
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Back in my day, Apple gave us one iPad, and we had to use it, otherwise we’d go to bed iPad-less. Kids today have all the iPad. There’s an iPad for every mood and every day of the week. Big iPads, small iPads, expensive iPads, slightly less expensive iPads. If you’re looking for an iPad,
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