Micromobility startups Tier and Dott plan to merge to find a path to profitability
After years of exploding growth and massive funding rounds, it’s time for consolidation in the micromobility industry. Tier and Dott, two leading European companies in the space, have announced that they plan to merge. Transaction is expected to close within two months of today’s news. This shouldn’t come as a
Read moreHashtag Trending Jan.10- Only 700 IT jobs added in the U.S. in 2023; 23 vulnerabilities in network-connected wrench used globally in factories; Microsoft discovery that could reduce lithium use in batteries by 70 percent
Only 700 net new jobs were added in the U.S. in 2023, an “intelligent wrench” has vulnerabilities that would permit hackers to breach a network, AI solves an innovation dilemma, more from the X files and – they might call it the “smellphone” These and more top tech stories
Read moreNigeria’s Africa Stablecoin Consortium Postpones Launch of cNGN Stablecoin
Nigeria’s Africa Stablecoin Consortium released a statement on January 8 apologizing for any confusion caused regarding their unofficial launch date which was originally planned to be February 27,2024. As of yet, there is no clear indication of a new launch date. The ASC will instead be engaging with appropriate regulatory
Read moreApp economy recovered in 2023, with $171B in consumer spending, but downloads were flat
After the app economy slowed for the first time ever in 2022, things picked up pace again over the past year. According to app intelligence provider data.ai’s annual “State of Mobile” report, out today, consumer spending on apps saw a modest 3% increase year-over-year in 2023 to reach $171 billion
Read more10 business communication trends for 2024
Moving to the cloud is essential. Businesses that don’t move to the cloud can, to some degree, add complicated layers to their legacy systems in an effort to keep up with the times, but eventually, they will be forced to make the move. If you want to take advantage of
Read moreSeedstars Africa Ventures gets $30M backing from EIB Global to invest in early-stage startups
Seedstars Africa Ventures has received a $30 million capital commitment from EIB Global, an arm of the European Investment Bank, which becomes the first major institutional investment for its first Pan-African venture capital fund. The new commitment follows a $8 million investment from the fund’s anchor investor French private equity
Read moreMatch Group promotes Faye Iosotaluno to Tinder CEO
Dating app behemoth Match Group has named Faye Iosotaluno as the new Tinder CEO, two years after the previous CEO Renate Nyborg left the company in August 2022. During that time, Match Group CEO Bernard Kim held the position. Iosotaluno has been working at the Match Group since 2017. She
Read moreTesla’s upgraded 2024 Model 3 is now available in the US
Tesla Model 3 (2024) | Image: Tesla An updated version of Tesla’s Model 3 sedan that was released in markets across Europe, the Middle East, and China last fall is now available in North America. Reportedly codenamed “Highland” while it was in development, it introduces several noticeable tweaks to Tesla’s
Read moreFemale cyber pros group targeted in phishing scam
A threat actor is trying to con female cybersecurity pros into downloading malware. The warning comes from the Canadian-based Women CyberSecurity Society (WCS2), which says someone is targeting members of the leadership team, members, and volunteers, trying to trick them into clicking on malicious links in text-based phishing messages, which
Read moreCrypto apps Binance, Kraken, KuCoin disappear from Apple’s App Store in India
Apps of as many as eight crypto exchanges including Binance, Kraken, Mexc and Kucoin have disappeared from Apple’s App Store in India, less than two weeks after the global firms were flagged for operating “illegally” in the country. Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, late
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