internet economy

Firefox gets a privacy boost as Total Cookie Protection becomes the default for all users

While the ad tech industry tries to function in a less cookie-filled environment, browsers like Mozilla Firefox are jumping on the opportunity to grow its user base with features such as Total Cookie

New report examines Africa’s growth in the digital economy and VC investment landscape

A new report from Endeavor Nigeria reveals that Africa’s digital economy and tech ecosystem is set to experience exponential growth periods. The report is dubbed “The Inflection Point: Africa’

China’s banking association proposes restrictions on NFTs

The verdict that China’s web3 community has been waiting for months is here: NFTs, or the tokens used to prove the ownership and authenticity of an item, must not be used for securitization or t

Mark Zuckerberg takes thinly veiled shots at Apple for ‘stifling innovation’ via its platform policies

Facebook (aka “Meta”) CEO Mark Zuckerberg today took several thinly veiled shots at Apple and the overall app ecosystem when detailing his plans for the metaverse during today’s keyn

Sam Altman’s Worldcoin wants to scan eyeballs in exchange for crypto

As investors race to capitalize on surging interest in cryptocurrencies, startups are getting creative in how they onboard a generation of crypto users to their first wallets. Worldcoin is perhaps one

Nigeria’s Mono raises millions to power the internet economy in Africa

In February, Nigerian fintech startup Mono announced its acceptance into Y Combinator and, at the time, it wanted to build the Plaid for Africa. Three months later, the startup has a different mission

What will Tumblr become under the ownership of tech’s only Goldilocks founder?

This week, Automattic revealed it has signed all the paperwork to acquire Tumblr from Verizon, including its full staff of 200. Tumblr has undergone quite a journey since its headline-grabbing acquisi

Automattic’s bargain-bin Tumblr deal plugs right into the WordPress business model

Tumblr has been a millstone around the neck of its owners, first Yahoo and later Oath and Verizon Media, pretty much since it was acquired in 2013. They never found an answer to the question that new

Sleek lets companies incorporate and operate in Singapore — without the pain of paperwork

Singapore is keen to exert itself as an epicenter for startups and tech worldwide. But beyond the government-backed startup programs, which include grants, investment checks and more, a key point is s

ShopBack, a cashback startup in Asia Pacific, raises $45M from Rakuten and others

ShopBack, a Singapore-based startup that offers cashback and consumer rewards in Asia Pacific, has closed a $45 million round led by new investors Rakuten Capital and EV Growth. Founded in 2014, the s

500 Startups Vietnam grabs $14M to invest in local companies

Vietnam is one of the most rapidly expanding tech ecosystems in Southeast Asia.

Google report: Southeast Asia’s digital economy to triple to $240 billion by 2025

It may sit in the shade of China and India, but tech has real growth potential in Southeast Asia. Home to a cumulative 650 million people, the region’s digital economy is forecast to triple in s

Open-Sourcing Data Is The Only Way Forward For An Advanced Internet Economy

The founder of all that we survey on the web, Tim Berners-Lee, said on this site a few years ago that, “Data is the New Links.” He argued that with the ever-expanding world of data-driven products