Facebook revamps its business tool lineup following threats to its ad targeting business

Facebook today is announcing the launch of new products and features for business owners, following the threat to its ad targeting business driven by Apple’s new privacy features, which now allow mobile users to opt out of being tracked across their iOS apps. The social networking giant has repeatedly argued that Apple’s changes would impact […]

Facebook adds four new branches to its 2Africa subsea cable network

Facebook today announced that it would extend the “most comprehensive” subsea cable to serve the African continent and Middle East region to four more branches. Facebook will do this in collaboration with the 2Africa consortium that includes China Mobile International, MTN GlobalConnect, Orange, STC, Telecom Egypt, Vodafone, and WIOCC. The new branches are Seychelles, the […]

Naspers leads $11M investment in South African insurtech Naked

South African insurtech platform Naked has raised $11 million in a Naspers-led round. Existing investors, Yellowwoods and Hollard, also participated in the funding round. This comes barely two weeks after Naspers, via its early-stage tech investment vehicle Naspers Foundry, invested in another South African insurtech platform Ctrl in its $2.3 million Series B round. Naked’s […]