Thursday, May 4, 2023

As US VCs flood to the Middle East in search of funding, some view their desperation poorly because the region's investors value long-term relationships (Bloomberg)

Bloomberg:
As US VCs flood to the Middle East in search of funding, some view their desperation poorly because the region's investors value long-term relationships  —  Silicon Valley has taken investment from moneyed state-run funds in the Middle East for years.  Now that the technology industry …



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Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...