Kenya’s Jumba bags $1M to help operators of hardware stores restock seamlessly

The construction industry in Kenya is so big that it is among the few globally that expanded amidst the Covid lockdowns of 2020. And it is not showing any signs of slowdown with the country’s data agency — the Kenya National Bureau of Statistics — projecting it to grow at an average rate of 6.1%… Continue reading Kenya’s Jumba bags $1M to help operators of hardware stores restock seamlessly

Financial Planner Desperately Explains to Clients Why the Bitcoin Crash Is Good, Actually

Crypto is crashing, and bitcoin bros are having a tough week. In a long and winding thread, financial advisor and Coinbase commentator Isaiah Douglass laid out his case for why the currency’s second major crash in two months is actually good news for people who’ve invested in blockchain assets. “I regret nothing,” Douglass began in… Continue reading Financial Planner Desperately Explains to Clients Why the Bitcoin Crash Is Good, Actually

Massachusetts court rejects ballot to define gig workers as contractors

In a major setback for app-based gig economy companies like Uber, Lyft and DoorDash, a Massachusetts court ruled on Tuesday to throw out a proposed ballot measure that would, if passed, define gig workers as independent contractors rather than employees. The Massachusetts Supreme Judicial Court’s unanimous decision found that the ballot initiative violated state law… Continue reading Massachusetts court rejects ballot to define gig workers as contractors

Glade Brook Closes Growth Equity Fund, at $430M

Glade Brook Capital Partners, a Greenwich, CT-based global growth equity investment firm, closed Glade Brook Strategic Growth III, at $430m. More than 90% of SG III commitments are from Glade Brook’s existing partners across the globe, including leaders from the sovereign wealth, endowment, insurance, family office, RIA and technology founder communities. Through SG III, Glade… Continue reading Glade Brook Closes Growth Equity Fund, at $430M

India’s farmers exposed by new Aadhaar data leak

A security researcher said an Indian government website was exposing the Aadhaar numbers of India’s farmers, potentially amounting to millions of people. Atul Nair told TechCrunch that he found a part of Pradhan Mantri Kisan Samman Nidhi website that was revealing the farmers’ information. PM-Kisan, as the agency is better known, is an Indian government… Continue reading India’s farmers exposed by new Aadhaar data leak

How startups should handle the downturn

Mike Volpi Contributor Mike Volpi is a general partner at Index Ventures. He joined the firm in 2009 to help establish Index’s San Francisco office with Danny Rimer. More posts by this contributor Mike Volpi on the art of board membership The 2022 crisis is the third major tech downturn of the internet era, following… Continue reading How startups should handle the downturn

Reshuffled Rivers Bolster the Amazon’s Hyper-Biodiversity

From the window of a passenger plane flying over the Amazon, the view is breathtaking. “It’s just miles across of river and river islands,” said Lukas Musher, a postdoctoral researcher at Drexel University’s Academy of Natural Sciences. The massive rivers below branch into a dense, treelike network that has continuously rearranged itself over hundreds of… Continue reading Reshuffled Rivers Bolster the Amazon’s Hyper-Biodiversity

The Last-Ditch Effort to Save Wild Salmon

But outside the walls of Warm Springs, so much is beyond the recovery team’s control. By nature, salmon transcend borders and boundaries, which exposes them to a gauntlet of threats. In rivers, fish face warmer water, droughts, wildfires, landslides, predators, and pollution; at sea, more predators, fishing, and competition for food. By amplifying these hazards,… Continue reading The Last-Ditch Effort to Save Wild Salmon

Tesla Stock Vs. BYD Stock: TSLA Split Looms While Hottest EV Stock Races Toward Highs

TheStreet.com Uber Will Likely Follow the Movements of the Broader Market For his second “Executive Decision” segment of Thursday’s Mad Money program, Jim Cramer sat down with Dara Khosrowshahi, CEO of Uber Technologies . When asked about the changing expectations on Wall Street, Khosrowshahi explained that we live in complicated times, and during complicated times,… Continue reading Tesla Stock Vs. BYD Stock: TSLA Split Looms While Hottest EV Stock Races Toward Highs