Late Thursday the European Union secured agreement on the detail of a major competition reform that will see the most powerful, intermediating tech platforms subject to a set of up-front rules on how they can and cannot operate — with the threat of fines of up to 10% of global annual turnover should they breach…
The old Gmail inbox is overflowing with agtech pitches, and frankly I only have myself to blame after bringing it up the last two newsletters (damn, just did it again, didn’t?). As for where this whole thing started? I blame the fact that spring officially sprung at precisely 11:33 AM ET in my home hemisphere.…
As developers build new features into software, they have to be sure that the new functionality doesn’t break what’s already there. So they often will roll it out slowly and see what happens using a technique of placing feature flags in the code. This is a proven way of controlling the rollout, but it requires…
Digital credit providers (DCPs) in Kenya will have to disclose their sources of funds and provide evidence of the same following the coming into force of a law meant to regulate the sector. The new regulations published Monday by the country’s financial regulator, the Central Bank of Kenya (CBK), also requires digital lenders to get…
South Korea’s LG Energy Solution, which supplies electric vehicle batteries to Tesla, Lucid Motors, General Motors and Proterra, said on Thursday it is investing $1.4 billion (1.7 trillion KRW) to build a cylindrical battery plant in Queen Creek, Arizona. The move is a clear indication that LG Energy is increasing its presence in the United…
As an investor and a recent product manager, I have encountered many companies that failed and some that succeeded at their product-led growth (PLG) efforts. The PLG journey is never easy, but it can be a powerful path to enduring success. I have distilled my experience into a short but essential list of prerequisites that…
Island, a Dallas-based startup that built a secure browser for the enterprise, has raised $115 million in a Series B round, valuing the company at $1.3 billion just weeks after emerging from stealth with $100 million in initial funding. The astonishingly fast raise was led by previous lead investor Insight Partners, and comes just weeks…
YouTube today announced it will for the first time stream free, ad-supported TV shows — a move that puts in into more direct competition with the growing number of free streaming services on the market, including Tubi, Pluto TV, The Roku Channel, IMDb TV, Xumo, Plex, and NBCU’s Peacock. The company said it will initially…
As the use of aircraft like drones, electric vertical take-off and landing vehicles and uncrewed aerial vehicles take off, Japanese startup Terra Drone wants to make sure trafficking the skies doesn’t get overlooked. “Our airspace is going to get more crowded than ever, but most companies today are concentrating only on hardware development,” said Terra…
Yuga Labs, maker of the multimillion monkey NFTs that plenty of people love to hate, just raised a $450 million round from Andreessen Horowitz at a $4 billion valuation, the company announced Tuesday. The Miami-based NFT firm behind Bored Apes Yacht Club has not previously raised funding though the startup has long been courting attention…
