Emerging economies face trade deficits that cause demand for the dollar, which dominates global trade to exceed supply. This imbalance raises costs and delays trade. In Africa, the problem is exacerbated by the shortage of tech solutions addressing the liquidity needs of large enterprises and multinationals, with many cross-border payment platforms opting to build consumer-facing […]
Fan Exposes Horrible Experience Using SM’s Global Package
Recently, a fan who purchased SM‘s global package to go to a concert exposed the room condition and gifts received online. SM’s global package is a guaranteed method for foreigners to attend concerts in various countries. Most packages include hotel and transportation to the venue, with fans only needing to purchase plane tickets. However, a […]
CrowdStrike accepts award for ‘most epic fail’ after global IT outage
Just a few weeks after its software update triggered a global IT meltdown, CrowdStrike isn’t shying away from the spotlight. In fact, the company’s president Michael Sentonas even took the stage at the Pwnie Awards to accept the award for Most Epic Fail. The awards took place at Def Con, right after the Black Hat conference where CrowdStrike had […]
After global IT meltdown, CrowdStrike courts hackers with action figures and gratitude
On Wednesday morning, thousands of cybersecurity professionals swarmed the halls of the Mandalay Bay Convention Center in Las Vegas, the epicenter of the annual Black Hat cybersecurity conference, where dozens of companies were advertising their wares. In the first row and with one of the biggest booths stood CrowdStrike, a company that has recently become […]
Tiger Global partner Alex Cook to leave firm, sources say
Alex Cook, a partner at Tiger Global who oversaw some of its largest fintech investments, is departing the firm after a tenure of nearly seven years, three people familiar with the matter told TechCrunch. Cook has briefed multiple people around him about his departure news in recent days, although he hasn’t explained why he was […]