Tuesday, July 30, 2024

Faye, which offers travel insurance and fintech services via a single smartphone app, raised a $31M Series B led by Portage; Faye raised a $10M Series A in 2023 (Mike Butcher/TechCrunch)

Mike Butcher / TechCrunch:
Faye, which offers travel insurance and fintech services via a single smartphone app, raised a $31M Series B led by Portage; Faye raised a $10M Series A in 2023  —  We've been covering US-based Insurtech startup FAYE way back since 2022 with its Seed round, and the Series A round in 2023 …



Flipkart consolidates its various fintech offerings, including UPI and BNPL, under Flipkart Pay; the move follows recent expansions and a spinoff of PhonePe (The Economic Times)

The Economic Times:
Flipkart consolidates its various fintech offerings, including UPI and BNPL, under Flipkart Pay; the move follows recent expansions and a spinoff of PhonePe  —  Flipkart has integrated its various fintech services into a single vertical named ‘Flipkart Pay’.



Qualcomm debuts the 4nm Snapdragon 4s Gen 2, a feature limited version of the Snapdragon 4 Gen 2, to make 5G accessible to smartphones in the sub-$100 category (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch:
Qualcomm debuts the 4nm Snapdragon 4s Gen 2, a feature limited version of the Snapdragon 4 Gen 2, to make 5G accessible to smartphones in the sub-$100 category  —  Qualcomm Tuesday announced the Snapdragon 4s Gen 2.  The entry-level chip aims to make 5G accessible to 2.8 billion smartphone users …



Monday, July 29, 2024

Sources: HPE is expected to secure unconditional EU approval for its $14B acquisition of Juniper Networks; the EC is scheduled to decide on the deal by Aug. 1 (Foo Yun Chee/Reuters)

Foo Yun Chee / Reuters:
Sources: HPE is expected to secure unconditional EU approval for its $14B acquisition of Juniper Networks; the EC is scheduled to decide on the deal by Aug. 1  —  Hewlett Packard Enterprise (HPE) (HPE.N) is expected to secure unconditional EU antitrust approval for its $14 billion acquisition …



South Korea will provide $400M to vendors hit by payment delays on two Qoo10 e-commerce platforms, and Qoo10's founder pledges to use his own assets to help (Reuters)

Reuters:
South Korea will provide $400M to vendors hit by payment delays on two Qoo10 e-commerce platforms, and Qoo10's founder pledges to use his own assets to help  —  South Korea will provide $400 million in financial support to small businesses hit by payment delays on two Qoo10 e-commerce platforms …



ISD: hundreds of extremist TikTok accounts are openly sharing Hitler-related propaganda, including Holocaust denial videos, and trying to recruit new members (David Gilbert/Wired)

David Gilbert / Wired:
ISD: hundreds of extremist TikTok accounts are openly sharing Hitler-related propaganda, including Holocaust denial videos, and trying to recruit new members  —  Not only is TikTok's algorithm promoting Neo-Nazi content, extremist organizations are also using the platform to recruit new members and encourage real-world action.



Sources: Twitch remains unprofitable a decade after Amazon's acquisition; Docs show Twitch generated ~$667M in ad revenue and $1.3B in commerce revenue in 2023 (Wall Street Journal)

Wall Street Journal:
Sources: Twitch remains unprofitable a decade after Amazon's acquisition; Docs show Twitch generated ~$667M in ad revenue and $1.3B in commerce revenue in 2023  —  Amazon Paid Almost $1 Billion for Twitch in 2014.  It's Still Losing Money.  The live-video service has slowing user growth …



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...