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Facebook Is Inviting Washington to Regulate Libra — Good Luck With That
By not being classified as a bank, Facebook is able to avoid some of the rules that other banks have to follow.
- Categories
- Finance, Technology
- Region
- North America
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‘Biotech R&D Makes India Hub of Quality Drugs, Vaccines’: Trevor Mundel of Gates Foundation
Trevor Mundel says India is not just making vaccines but making them within a quality system, has not been accomplished, broadly, and that is the unique aspect India has brought to the game.
- Categories
- Health Care, Technology
- Region
- South Asia
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Facebook’s Digital Money Plan Raises Stakes For China’s Cryptocurrency Ambitions
Facebook hopes to roll out Libra in the first half of 2020, presenting the most significant competition to China's cryptocurrency ambitions.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Kenya’s Sokowatch Raises Further $2.5m Funding, Expands to Rwanda, Uganda
Kenyan startup Sokowatch, a B2B e-commerce platform supplying informal African retail stores, has expanded into Rwanda and Uganda after securing a further tranche of seed funding worth US$2.5 million in February.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Flipkart Launches ‘Samarth’ to Empower Indian Artisans, Weavers, Craftsmen
This move will open up national market access for these underserved communities.
- Categories
- Technology
- Region
- South Asia
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Ripple Takes Fright at Congressional Pushback on Digital Currencies
In the face of a Congressional onslaught against Facebook and its putative digital currency Libra, Ripple chiefs Brad Garlinghouse and Chris Larsen have penned an open letter to lawmakers urging them not to paint all fiat alternatives with the same brush.
- Categories
- Finance, Technology
- Region
- North America
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Myanmar Telco Frontiir Bags $30M From UK Development Finance Group
CDC's investment will help Frontiir connect over 2 million people on the internet in Myanmar.
- Categories
- Technology
- Region
- Asia Pacific
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GSMA signs $46.5M funding partnership with DFID
The partnership will unearth critical insights on the needs of the underserved and identify and invest in mobile-enabled innovations and business models which can drive inclusion at scale.
- Categories
- Finance, Technology
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