Tag: TC
Trump to halt immigration from Africa’s top tech hub, Nigeria
The Trump administration announced Friday it would halt immigration from Nigeria, Africa’s most populous nation with the continent’s largest economy and leading tech hub. The restrictions would stop short of placing a full travel ban on the country of 200 million, but will suspend U.S. immigrant visas for Nigeria —…
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Legacy, a sperm testing and freezing service, just raised $3.5 million to send the message to men: get checked
Legacy, a male fertility startup, has just raised a fresh, $3.5 million in funding from Bill Maris’s San Diego-based venture firm, Section 32, along with Y Combinator and Bain Capital Ventures, which led a $1.5 million seed round for the Boston startup last year. We talked earlier today with Legacy’s…
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Unicorn fever as One Medical’s IPO pops 40% after conservative pricing
Shares of One Medical are worth $19.50 this morning after the venture-backed unicorn priced its IPO at $14 per share last night. The company opened at $18 before rising further, according to Yahoo Finance data. At its current price, One Medical is worth about 40% more than its IPO price,…
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After earnings, Amazon joins the $1T club as Alphabet dips out
American tech companies almost did something neat today before messing it up. After reporting earnings yesterday, Amazon’s shares shot higher this morning, pushing the company’s value north of $1 trillion. Its growth and profits proved toothsome to the investing classes, bolstering the Seattle area’s tech pedigree by adding a second…
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How Dubsmash revived itself as #2 to TikTok
Lip-syncing app Dubsmash was on the brink of death. After a brief moment of virality in 2015 alongside Vine (R.I.P), Dubsmash was bleeding users faster than it could recruit them. The app let you choose an audio track like a rap song or movie quote and shoot a video of…
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Moda Operandi, an online marketplace for high-end fashion, raises $100M led by NEA and Apax
Moda Operandi, an online marketplace that specialises in right-off-the-runway luxury fashion, accessories and home decor, is today announcing a high-priced event of its own: it’s raised $100 million, a mix of equity and debt that it will use to invest in its platform and technology as well as to continue…
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