Nigerian profitable food delivery Chowdeck lands $9M from Novastar, Y Combinator
Chowdeck, a Lagos-based food delivery startup that has stayed profitable in a notoriously tough and low-margin market, has raised $9 million in Series A funding to launch a quick commerce strategy and expand into more cities in Nigeria and Ghana. The e…
Security flaws in a carmaker’s web portal let one hacker remotely unlock cars from anywhere
Security researcher Eaton Zveare told TechCrunch that the flaws he discovered in the carmaker’s centralized dealer portal exposed vast access to customer and vehicle data. With this access, Zveare said he could remotely take over a customer’s account a…
Why investors just bet $85M on this Indian company’s generic drug strategy
Truemeds has taken a different route from other Indian online pharmacies — and it has helped the startup double its revenue.
The computer science dream has become a nightmare
Well, the coding-equals-prosperity promise has officially collapsed. Fresh computer science graduates are facing unemployment rates of 6.1% to 7.5% — more than double what biology and art history majors are experiencing, according to a recent Fed…