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February 21, 2022, 1:25 PM
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memeorandum
WeSmirchTop News
| Queenie Wong / CNET: |
Trump Media & Technology Group debuts Truth Social on the US App Store, where the free app hit No. 1; some users got errors or were waitlisted when signing up — Some people who downloaded the social media app received error messages when they tried to create an account. Others were placed on a waitlist.
More:
Reuters, TechCrunch, The Daily Dot, Bloomberg, Washington Post, AppleInsider, 9to5Mac, Insider, The Guardian, The Economic Times, The Verge, VICE, TechSpot, Axios, Forbes, Mashable, CNN, Variety, USA Today, TechRadar, MacDailyNews, Newser, KnowTechie, Insider, Telegraph, and Engadget
| Annie Palmer / CNBC: |
Despite spending billions, Amazon's grocery strategy is unprofitable and incoherent; Amazon and Whole Foods had an estimated 2.4% US grocery share in December — - Amazon's grocery endeavors have cost many billions of dollars over the past 15 years but have yet to yield a coherent strategy.
Tweets: @epro
| Emily Nicolle / Bloomberg: |
Crypto exchange FTX.US launches FTX Gaming, a gaming unit offering “crypto-as-a-service” for game companies to launch tokens and add NFT support — Crypto exchange FTX is launching its own gaming unit, aimed at encouraging more game publishers to embrace cryptocurrencies, blockchain networks and non-fungible tokens.
More:
The Verge, Blockworks, CoinDesk, Decrypt, City A.M., Coinspeaker, Cointelegraph, and The Block
| Jeanny Yu / Bloomberg: |
Tencent shares fell 5.2% on Monday as Chinese tech stocks had their worst two-day drop since July 2021, amid fears of impending Chinese regulatory crackdowns — Chinese technology shares had their worst two-day drop since July due to renewed fears Beijing may roll out more restrictions for private enterprise.| Allison Johnson / The Verge: |
Samsung Galaxy S22 Ultra review: great performance, improved cameras, and welcome S-Pen support, but lackluster battery and the stylus might not suit everyone — A worthy Note successor that stands alone — Phones in a flagship lineup have come to feel like variations on a theme.
More:
AppleInsider, Gizmodo, Android Authority, Phandroid, DXOMARK, Android Headlines, Tom's Guide, PCMag, Engadget, and ZDNet
| Bloomberg: |
Nigerian fintech Tingo, which processes ~$4B in e-commerce transactions annually, seeks $500M to expand in Africa; Tingo, valued at $6.3B, plans an IPO in H1 — Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter — Tingo Inc, which does most of its business in Nigeria … | Kyle Wiggers / VentureBeat: |
Skael, which provides no-code automation tools for enterprises, raises a $38M Series A led by RTP Global, bringing its total funding to $42M — No-code platforms, which let users create apps leveraging tools that don't require programming knowledge, are gaining popularity in the enterprise as their value becomes apparent.
More:
FinSMEs and Yahoo Finance
| Liz Hughes / IoT World Today: |
Palo Alto-based Motorq, a connected-car data analysis service for businesses, raises a $40M Series B led by Insight Partners — Motorq's platform helps fleet managers improve efficiency while reducing costs — Motorq has raised $40 million to advance its connected vehicle platform.
More:
FinSMEs, GlobeNewswire News Room, Motorq, and Global Fleet
| Tatiana Bautzer / Reuters: |
Brazil-based Sólides, which offers HR management software to over 12,000 Brazilian businesses, raises $100M from Warburg Pincus — Private equity firm Warburg Pincus has invested $100 million in Brazilian human resources startup Solides for an undisclosed minority stake …
More:
Warburg Pincus and LABS English
| Rashi Shrivastava / Forbes: |
Check, which provides payroll digitization software, raises a $75M Series C led by Stripe, bringing its total funding to $119M and valuing the startup at $725M — As startups increasingly embed payroll into their software products, Check, a three-year-old startup that provides software tools … | Ingrid Lunden / TechCrunch: |
PrimaryBid, which helps companies include ordinary retail investors in IPOs and follow-on fundraises, raises a $190M Series C led by SoftBank's Vision Fund 2 — Thanks to the growth of fintech, financial services like investing are getting ever more accessible to the wider population of consumers.
More:
Insider, Tech.eu, Crowdfund Insider, Coinspeaker, Finextra, and AltFi. Tweets: @ingridlunden. Thanks:@ingridlunden
| Catherine Shu / TechCrunch: |
Philippines-based PayMongo, which enables merchants to accept digital payments, raises a $31M Series B, following a $12M Series A in 2020 led by Stripe — Philippines-based fintech PayMongo, which enables merchants to accept digital payments, announced today it has raised $31 million … Sponsor Posts
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Intel:
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Zoho:
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