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Industry news

  • MoneyFellows raises $13M to take its group savings model outside Egypt

    While most African digital lenders depend on working capital to fuel growth, MoneyFellows has quietly done what few others have: lend billions of Egyptian pounds with almost no debt or balance sheet exposure. Now, after raising $13 million in a pre-Ser…

  • Is Duolingo the face of an AI jobs crisis?

    Duolingo announced plans this week to replace contractors with AI and become an “AI-first” company — a move that journalist Brian Merchant pointed to as a sign that the AI jobs crisis “is here, now.” In fact, Merchant spoke to a former Duolingo contrac…

  • Trump says he’s willing to delay TikTok ban again

    President Donald Trump has already delayed a TikTok ban twice, and he said Sunday that he’s willing to do it again. Axios reports that during an interview with NBC’s “Meet the Press,” Trump said that if a deal isn’t made to sell TikTok’s U.S. operation…

  • Residents of SpaceX’s Starbase launch site vote to incorporate as a city

    Elon Musk’s SpaceX is getting its own official company town. Residents of an area around SpaceX’s Starbase launch site in southern Texas voted overwhelmingly on Saturday to incorporate as a city — also named Starbase. According to results posted online…

  • Revelo’s LatAm talent network sees strong demand from US companies, thanks to AI

    While many tech companies are mandating that their employees return to their offices, and putting an emphasis on building in-person teams, they are also turning in droves to Latin America to find developer talent — especially for post-training AI model…