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Perlego raises $50M, aims to build ‘Spotify for textbooks’

Perlego raises $50M, aims to build ‘Spotify for textbooks’

The London online startup Perlego has picked up $50 million to expand its business after seeing its platform boom through Covid-19. The company currently has 400,000 paying subscribers who get all-you-can-read access to some 850,000...
YouTube blocks all channels linked to Russian state media

YouTube takes down channels linked to Russian state media

YouTube took down channels linked to Russian state media such as RT and Sputnik; the company has also suspended all monetization programs for partners in Russia after it has pulled out ads in the...
Starlink stops taking pre-orders in India

Starlink stops taking pre-orders in India, following warning from DoT

Elon Musk-backed Starlink stopped taking pre-orders in India after the Department of Telecommunications had warned that the company has not acquired licenses to provide the services in the country. The company did not announce the...
Marriott pauses opening new hotels in Russia

Marriott pauses opening new hotels in Russia to condemn Ukraine Invasion

The Marriott Hotel chain said today it has decided to pause the opening of upcoming hotels and all future hotel development and investment in Russia, following the Russian invasion of Ukraine. Joining the steps of...
Sony suspends PlayStation in Russia following Ukraine invasion

Sony suspends PlayStation in Russia following Ukraine invasion

Sony has stopped selling its PlayStation consoles and software in Russia, becoming the latest major brand to withdraw business in the country, to condemn Putin's war on Ukraine. In light of the Russian government's escalating...
East African Antler closes $13.5M fund

East African Antler closes $13.5M fund to support early-stage tech startups

Early-stage investor Antler has closed its oversubscribed East Africa investment fund today at US$13.5 million to continue to support early-stage tech startups in the region. The Nairobi office of VC firm and venture builder intended...
Instagram warns users who share Russian state media

Instagram warns users who share Russian state media

Instagram is warming users who share Russian state media in stories, to dampen Russian government propaganda and protect user privacy in Ukraine and Russia. Posts will be downranking from Russian state-affiliated media by the government,...
McDonald’s, Coca-Cola, Starbucks suspend business in Russia

McDonald’s, Coca-Cola, Starbucks suspend business in Russia

McDonald's, Coca-Cola, and Starbucks have suspended operations in Russia Tuesday, following public pressure and calls to boycott because of not halting business in Russia amid the Russian invasion of Ukraine. Major international corporations are taking...
List of brands that pulled out of Russia following Ukraine war

List of brands that pulled out of Russia following Ukraine war

Over the past 13 days, major brands have suspended their operations in Russia following the war in Ukraine. While the Russia-Ukraine conflict has sent the crude oil prices boiling to above the $130 per barrel...
McDonald's, Coca-Cola, other US brands facing boycotts

Coca-Cola, McDonald’s face boycott threats for not suspending operations in Russia

Calls get louder for boycotting McDonald's and Coca-Cola as they are still operating in Russia after invading Ukraine. The two brands are now under pressure to close down as most companies are shutting and cutting...