Leap, which offers online resources like visa assistance to help Indians study abroad, raised $75M led by Owl Ventures at a nearly $1B valuation — Outleap Technologies Pvt., a startup that helps Indians study abroad, raised $75 million at a valuation of almost $1 billion as demand for overseas learning returns following the pandemic.
Tether plans to launch a stablecoin pegged to the British pound in July, dubbed GBPT, initially available on Ethereum, its fifth fiat-pegged stablecoin — - Tether has launched a new stablecoin pegged 1:1 to the British pound. — It will be initially available on Ethereum.
Internal memo: two of Amazon's top Black executives, SVP of logistics warehouses Alicia Boler Davis and VP of transportation services Dave Bozeman, are leaving — Two of Amazon.com Inc.'s top Black executives are leaving amid a management shakeup as Chief Executive Officer Andy Jassy puts …
Accel announces a $4B global, late-stage fund, after announcing $3B across funds for early- and growth-stage startups in June 2021 — Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global …
Filings: Tencent reduced its stake in edtech firm Koolearn to 1.6% from 9%; Koolearn's HK shares had surged 684% in just nine trading sessions through June 16 — Tencent Holdings Ltd. slashed its stake in a Chinese education technology firm that staged an eye-watering rally in the past two weeks …
Indian startup LeadSquared, which offers sales automation tools, has raised a $153M Series C led by WestBridge Capital at a $1B post-money valuation — LeadSquared, a SaaS startup that is helping sales teams become more efficient with its CRM platform, is the latest Indian startup to become a unicorn.
A profile of French antitrust chief Benoît Cœuré, who took over in January, as his agency details its decision over Google paying publishers for content — In a world of blockbuster antitrust enforcers, Benoît Cœuré is an anti-hero.
JD.com reports revenue from its June 18 shopping festival rose 10.3% to $56.6B, the slowest growth since 2017, as China's lockdowns dampen consumer demand — Consumers hit the brakes in latest indication of damaged sentiment from macroeconomic headwinds and lengthy lockdowns
After pausing withdrawals last week, Celsius asks for more time to stabilize its liquidity and operations and halts Twitter Spaces and AMAs — It has been one week since we paused withdrawals, Swap, and transfers. We want our community to know that our objective continues to be stabilizing our liquidity and operations.
Ethan Mollick / One Useful Thing : As researchers talk about the arrival of supersmart AI, far fewer voices are trying to envision and ar...
