National initiatives catalyze growth in the region's burgeoning tech sector Adedana Ashebir Contributor Adedana Ashebir is regional manager for Africa for Village Capital, which has supported more than 100 entrepreneurs and 15 entrepreneur support organizations in Sub-Saharan Africa since 2012. As the fallout from COVID-19 continues to grip Africa’s major economies, the tech ventures in…
The U.S. stock market is surging, but lack of spending and record-high optimism leaves it vulnerable to a correction. Swiss pharma giant Novartis CEO re-emphasized that a vaccine is not likely to be ready in 24 months. A stock market researcher warns there is no money in the equities market. The U.S. stock market is…
Entrepreneur First (EF), the London-headquartered “talent investor” that backs individuals pre-team and pre-idea to enable them to found startups, has appointed former Andreessen Horowitz partner Benedict Evans as a Venture Partner. A well-respected analyst with a background in the tech and media industries, Evans will be tasked with providing “analysis, insight and recommendations” for new…
Meet Pennylane, a new French startup that is a building a full-stack service to deal with your financial data. With Pennylane, you get a real-time view of your financial data and you don’t have to work with an accounting company — the startup hires accountants for you. The startup just raised a $4.3 million (€4…
Harry Potter has a history of low-quality mobile games being based on the IP. The latest addition to the franchise is Harry Potter: Puzzles & Spells. This Candy Crush clone is the latest step in the watering down of a great brand. Mobile gaming can be a tricky thing. There are some genuinely great mobile…
SoftBank Group Corp. is currently seeking buyers for about $20 billion of its shares in T-Mobile US, according to reports in the Wall Street Journal and Bloomberg. If the proposed sale goes through, its proceeds could help offset SoftBank’s heavy investment losses over the past year. According to its first-quarter earnings report yesterday, SoftBank’s Vision…
SINGAPORE – On 19th May 2020, Matrixport is announcing that it will be launching Ethereum (ETH) Dual Currency Product, investors and holders can now find it in their Matrixport app under “Dual Currency Product”, which allows them to earn a highly competitive interest on their ETH. The Dual Currency Product is a first-of-its-kind asset management…
Bilibili, a Chinese video streaming website that was once regarded as a haven for youth subculture, has been steadily making its way into the mainstream as users age up and content diversifies. The NASDAQ-traded company recorded a 70% year-over-year growth to reach 172 million monthly active users by the first quarter, placing it in the…
Michigan – Researchers from Michigan State University and OceanEx, the AI-powered digital asset trading platform, have released a paper detailing SHORELINE, a deep-learning framework that estimates the optimal threshold of hot wallets from historical wallet activities and dynamic trading networks. Its major use case details a process that would mitigate risk from cyber criminals and…
Assassin’s Creed Valhalla creative director Ashraf Ismail addressed concerns that the game will feature a paid-for XP boost. In Assassin’s Creed Odyssey, Ubisoft allowed players to purchase a permanent 50% boost to XP for $10. Ismail reveals that Valhalla will feature a “new take” on progression, but won’t confirm whether or not it will feature…
In many articles about Meghan Markle and Prince Harry, we hear about the “inner circle” of friends they rely on. The question is, who exactly are these people? How many of them are Prince Harry’s friends? In many of the news reports about both Meghan Markle and Prince Harry, we read and hear about an…
Donald Trump claims he’s taking hydroxychloroquine to prevent coronavirus. The drug’s manufacturer issued warnings against doing this. Trump is earning money from the sales of this drug. According to Donald Trump, hydroxychloroquine is nothing short of a miracle drug. Today, the 45th president has announced that he’s taking the drug to stave off coronavirus infection.…
Former WWE wrestler Shad Gaspard has just gone missing. The WWE responded to the crisis with “no comment.” The WWE has a long history of mistreating its wrestlers. Why is this treatment okay? Another day, another WWE tragedy. This time, it’s about Shad Gaspard. Wrestling fans know him best as one-half of the Cryme Tyme…
Last week, U.S. unemployment claims hit 36 million over a two-month period. The results of pandemic-led closures have been devastating to innumerable industries, as the timeline to reopen remains uncertain in many areas. Indeed noted in a recent report that hirings have slowed significantly versus this time last year. No surprise, really, for those who…
The Dow Jones rose nearly 1,000 points on Monday as traders reacted to positive news about Moderna’s coronavirus vaccine trials. The stock market’s upward pivot mirrored the move it made last month as optimism grew around another coronavirus drug. Even if Wall Street’s risk sentiment is justified, today’s meteoric rally should give investors pause. The…
The COVID-19 pandemic has wiped out the spring seasons for professional sports and associated revenue for TV networks, but esports is filling part of that void. Gaming companies behind titles licensed by each major league are the winners in this unexpected shift; Electronic Arts (EA) is first among them with FIFA, Madden NFL, NBA Live…