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MarketForce, a Kenyan B2B retail and financial services distribution startup, has expanded into five additional markets across Africa to grow RejaReja — its retailer ‘super app’ that makes it possible for informal merchants to order and pay for inventory digitally, accept payments for utility bills, and access financing for their businesses. The startup has today
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Religion-based apps, tools, and communities aren’t brand new, including to investors. Pray.com, for example, an L.A.-based app for daily prayer and bedtime bible stories that was founded in 2016, has raised at least $34 million from investors, including Kleiner Perkins. Ministry Brands, a nine-year-old, Knoxville, Tenn.-based outfit that now includes dozens of software and payments
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IRL, the SoftBank-backed social app and recent unicorn, is today announcing its first acquisition. The company is purchasing, for an undisclosed sum, the “digital nutrition” company AaBeZe Labs and its portfolio of IP with the goal of making IRL a healthier and more ethically designed social networking app. AaBeZe’s founders Michael Phillips Moskowitz, the former
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Less than 20% of India’s 1.3 billion people speak English. But LinkedIn, the largest professional social network globally, has so far catered only to this sliver of the population in the world’s second largest internet market. On Thursday, the Microsoft-owned service said it’s beginning to change that. LinkedIn has started to roll out support for Hindi
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Meta (formerly Facebook) recently announced its plans to delay the rollout of end-to-end encryption across its messaging service until sometime in 2023, citing concerns from child safety advocates who warned the change would shield abusers from detection. Today, the company offered more details about how it plans to approach the need for harm prevention alongside
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Reddit is rolling out several new real-time features including voting and comment count animations, typing indicators, reading indicators and new comment indicators. The new features are rolling out globally across Reddit’s desktop, iOS and Android apps starting today. With this latest update, Reddit says voting will no longer be a static number on posts and
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Twitch introduced a new way for streamers to fight accounts that evade channel-level bans Tuesday. The automated tool is called “Suspicious User Detection” and can spot users trying to get around bans, giving anyone moderating a Twitch channel more recourse for dealing with potentially disruptive behavior before it starts. The company announced that the new
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In a significant push against big tech’s ability to maintain market dominance through sheer buying power, the UK’s competition watchdog has ordered Facebook (now Meta) to reverse its acquisition of animated GIF platform, Giphy — confirming the Financial Times‘ earlier reporting. The Competition and Markets Authority (CMA) said its phase 2 investigation cemented earlier competition
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Facebook whistleblower Frances Haugen will go before Congress again this week, this time offering her unique perspective on the company’s moderation and policy failures as they relate to Section 230 of the Communications Decency Act, the key legal shield that protects online platforms from liability for the user-created content they host. The House Energy and
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CNBC reported this morning that Twitter CEO Jack Dorsey is expected to step down from his role at the social media company. Dorsey is the CEO of both Twitter and Square, a financial company that serves both consumer and corporate customers with payment, cash management and transference services. Twitter’s stock rose on the news that
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Ira Belsky Contributor Ira Belsky is the co-founder and co-CEO at Artlist. You’ve likely heard of the “creator economy” already — it’s no longer a new concept, although some people are more acquainted with what it entails than others. But the creator economy needs creators. It says so right there on the label. Essentially, what
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Walkie-talkie, a social audio platform developed by Picslo Corp, has raised a $3.25 million seed round led by Heroic Ventures. The round included participation from TI Platform Ventures, LDVP, Partech, Diaspora Ventures, Breega, and Kima Ventures. The Clubhouse-like app launched two years ago and currently has 1.2 million active users. Picslo Corp CEO, Stephane Giraudie,
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