Tuesday, October 26, 2021

Nigerian startup Autochek, which offers a marketplace for car sales, raises a $13.1M seed, following a $3.4M pre-seed in November 2020 (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch:
Nigerian startup Autochek, which offers a marketplace for car sales, raises a $13.1M seed, following a $3.4M pre-seed in November 2020  —  African automotive company Autochek has secured a $13.1 million seed round almost a year after raising $3.4 million pre-seed in November 2020.



Stripe partners with Klarna to let retailers in the US, UK, and Europe more easily offer a buy now, pay later option (Siddharth Venkataramakrishnan/Financial ...)

Siddharth Venkataramakrishnan / Financial Times:
Stripe partners with Klarna to let retailers in the US, UK, and Europe more easily offer a buy now, pay later option  —  Tie-up will allow retailers easily to add option for customers to pay in instalments at checkouts  —  Online payments processor Stripe has entered a strategic partnership with …



Uber and French grocery chain Carrefour partner to launch rapid grocery deliveries from nine micro-fulfillment centers across Paris (Ivan Levingston/Bloomberg)

Ivan Levingston / Bloomberg:
Uber and French grocery chain Carrefour partner to launch rapid grocery deliveries from nine micro-fulfillment centers across Paris  —  - Partnership is latest step in competitive local grocery sector  — Uber's EMEA grocery orders up 620% in September year-on-year



Nine UK schools pause plans to use facial recognition to take payments for lunches, following criticism from the UK's ICO (BBC)

BBC:
Nine UK schools pause plans to use facial recognition to take payments for lunches, following criticism from the UK's ICO  —  Nine schools in North Ayrshire have paused use of facial recognition technology days after introducing it, following UK's Information Commissioner's Office (ICO) inquiries.



Docs: Facebook tested turning off News Feed ranking for 0.05% of users in Feb. 2018 and found engagement dropped, Groups content rose, and ad views increased (Alex Kantrowitz/Big Technology)

Alex Kantrowitz / Big Technology:
Docs: Facebook tested turning off News Feed ranking for 0.05% of users in Feb. 2018 and found engagement dropped, Groups content rose, and ad views increased  —  New leaked Facebook documents show what happened when Facebook tried to remove feed ranking.  It didn't go well.



All UPI money transfers, offline, online payments on PhonePe are free

India's leading digital payments platform PhonePe has clarified that all UPI money transfers, offline and online payments (across UPI, wallet, credit and debit cards), on the payment app are free, and they will continue to be free for all users. https://ift.tt/3EgULn1

Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...