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Posts Tagged ‘money’

Frustrated game devs automated the production of 1,500 terrible slot machine apps and actually made money

Last March, game devs Alex Schwartz and Ziba Scott gave a presentation at the Game Developers Conference called "1,500 Slot Machines Walk into a Bar: Adventures in Quantity Over Quality in which they described how their own dissatisfaction with falling revenues from mobile app stores led them to muse about bulk-creating ****** apps and ...

Credit startup Migo expands to Brazil on $20M raise and Africa growth

After growing its lending business in West Africa, emerging markets credit startup Migo is expanding to Brazil on a $20 million Series B funding round led by Valor Group Capital. The San Mateo based company — previously branded Mines.io — provides AI driven products to large firms so those companies can extend credit to underbanked ...

As the new year beckons European investors start moving into new roles

As the Holiday Season approaches, new jobs for players in the tech ecosystem beckon. And this is no less true for investors. Two notable moves have recently happened that are worthy of note in the European scene. The first is that GR Capital, a pan-European VC, is opening an office in London and has lured ...

Startups Weekly: Chinese investors double down on African startups

In this week's newsletter: China's pivot to Africa, another big scooter funding and a new entry to the unicorn club. ...

PayPal pauses payouts to PornHub **** models

PayPal on Thursday says it has halted payment support for models with PornHub, the online adult site, after Paypal says it found that Pornhub made certain payments without PayPal's permission.

“Following a review, we have discovered that PornHub has made certain business payments through PayPal without seeking our permission. We have taken action to stop ...

Foreigners visiting China are increasingly stumped by its cashless society

Technically, it's illegal for Chinese merchants to refuse payment in cash, but this rule is hardly ever enforced, and China has been sprinting to a cashless society that requires mobile devices -- not credit-cards -- to effect payments, even to street hawkers.

This has lots of implications for privacy, surveillance, taxation, and fairness, but in the ...

Counterfeiter caught after he tossed test prints in his trash

In Limestone County, Alabama, Christopher James Shock, 32, was arrested for counterfeiting after a garbage collector spotted bags filled with bills in Shock's trash cans and called police. A clue that the money was funny is that one of the $50 notes was printed on a the back of a receipt from Alabama Pardons and ...

Greylock GP Sarah Guo is as bullish on SaaS as ever

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where each week we discuss other people’s money and what sense their investment choices make (or don't). ...

Africa e-tailer Jumia’s shares fall 4% day after IPO lockup expiration

Shares of Africa focused e-commerce company Jumia dropped 4% the day after the lockup period expired for its April IPO on the New York Stock Exchange. The lockup provision prevents major shareholders — namely those who purchased equity pre-public listing — from selling their shares for a specified number of days following the IPO. Jumia’s ...

Why venture capital firms need culture experts

True Ventures VP of culture Madeline Kolbe Saltzman on how to "scale inclusively." ...