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Posts Tagged ‘brazil’

Naspers-owned PayU doubles down on India with $70M deal to buy Wibmo

PayU, the Naspers-owned payments company that competes with the likes of PayPal but focuses mainly on emerging markets, has made an acquisition to expand its business in India. It has acquired Wibmo, a startup based out of the US (Cupertino, to exact) that mostly operates in India. PayU is paying $70 million for the startup, ...

Udacity restructures operations, lays off 20 percent of its workforce

Udacity, the $1 billion online education startup, has laid off about 20 percent of its workforce and is restructuring its operations as the company’s co-founder Sebastian Thrun seeks to bring costs in line with revenue without curbing growth, TechCrunch has learned. The objective is to do more than simply keep the company afloat, Thrun told ...

Partnering with Visa, emerging market lender Branch International raises $170 million

The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to offer virtual, pre-paid debit cards to Branch client networks in Africa, South-Asia and Latin America.  Branch — which has 150 employees in San Francisco, Lagos, Nairobi, Mexico City and Mumbai — ...

Facebook co-founder Eduardo Saverin’s B Capital makes $406M first close of new fund

B Capital, the VC firm from Facebook co-founder Eduardo Saverin, has made the first close of its second fund. The firm has closed out $406 million in initial capital, according to a filing lodged with the FCC last month. The document doesn’t include details of a target raise or which LPs have committed. Saverin came ...

WhatsApp adds a tip-line for checking fakes in India ahead of elections

Facebook -owned messaging platform WhatsApp has launched a fact-checking tipline for users in India ahead of elections in the country. The fact-checking service consists of a phone number (+91-9643-000-888) where users can send dubious messages if they think they might not be true or otherwise want them verified. The messaging giant is working with a ...

Bringing affiliate marketing and outsourced customer acquisition to Brazil nets Escale $22.6 million

Despite not being Brazilian and having their first exposure to the country only a few years ago, the two co-founders of Escale have managed to raise $22.6 million for their company, which provides customer acquisition services to companies in telecommunications and healthcare across Brazil. Their secret? A knowledge of search engine optimization technologies honed through ...

Here’s what Jair Bolsonaro, Trump, and Putin have in common

The first line of Jon Lee Anderson's long-awaited profile of Brazil's president Jair Bolsonaro in the New Yorker is a real killer. “The authoritarian leaders taking power around the world share a vocabulary of intolerance, insult, and menace...”

As Anderson writes, in Bolsonaro's Brazil--and around the world--“A budding authoritarian borrows from the Trump playbook.”

Review: Apple’s new iPad mini continues to be mini

The iPad mini is super enjoyable to use and is the best size tablet for everything but traditional laptop work. It’s very good and I’m glad Apple updated it. Using Apple Pencil is aces on the smaller mini, don’t worry about the real estate being an issue if you like to scribble notes or make ...

Google has quietly added DuckDuckGo as a search engine option for Chrome users in ~60 markets

In an update to the chromium engine, which underpins Google’s popular Chrome browser, the search giant has quietly updated the lists of default search engines it offers per market — expanding the choice of search product users can pick from in markets around the world. Most notably it’s expanded search engine lists to include pro-privacy ...

Boeing is moving to address potential issues in new 737s as Europe bans its plane

In the wake of the second fatal crash in six months involving Boeing 737 Max 8 airplanes, the European Aviation and Safety Administration is grounding the planes as Boeing said it was taking additional steps to address an issue that may have contributed to the crash. On Sunday, a Boeing 737 Max 8 plane operated ...