Saritha Rai / Bloomberg:
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.
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Wednesday, June 22, 2022
Leap, which offers online resources like visa assistance to help Indians study abroad, raised $75M led by Owl Ventures at a nearly $1B valuation (Saritha Rai/Bloomberg)
How to answer calls on iPhone without touching the screen
Tether plans to launch a stablecoin pegged to the British pound in July, dubbed GBPT, initially available on Ethereum, its fifth fiat-pegged stablecoin (Yogita Khatri/The Block)
Yogita Khatri / The Block:
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 (Bloomberg)
Bloomberg:
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 (Connie Loizos/TechCrunch)
Connie Loizos / TechCrunch:
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 …
Tuesday, June 21, 2022
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 (Bloomberg)
Bloomberg:
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 …
Apple led global Q1 smartphone shipments for the first time with a 21% market share in Q1 2026; overall smartphone shipments fell due to memory chip shortages (Counterpoint Research)
Counterpoint Research : Apple led global Q1 smartphone shipments for the first time with a 21% market share in Q1 2026; overall smartphone...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...