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Amnesty International calls for Google to halt cloud business in Saudi Arabia

The Verge

Amnesty International is teaming up with 38 other human rights groups and individuals to call for a halt to Google’s plans to set up an enterprise cloud business in Saudi Arabia because of concerns over the country’s human rights track record. The quote has since been removed.

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Bosta raises $6.7M to expand e-commerce delivery business across Africa and MENA

TechCrunch

But for any e-commerce business to thrive, its last-mile delivery arm has to be well figured out. Bosta is one such company in Egypt helping small businesses with logistics and last-mile delivery. In 2016, Egypt experienced an economic downturn coupled with the Egyptian pound devaluation and government restriction on imports.

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FlapKap provides revenue-based financing to e-commerce brands in MENA, gets $3.6M seed funding

TechCrunch

Recent research suggests that the e-commerce market in Saudi Arabia, UAE and Egypt account for a combined $21.4 The company, which allows e-commerce businesses to scale and grow by targeting businesses with limited bank or venture financing access, is announcing that it has raised $3.6 billion in the next three years.

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Meituan to bring delivery service KeeTa to Riyadh following its CEO’s take over of overseas business

TechNode

Chinas food delivery giant Meituan is hiring Arabic- and English-proficient talent for its likely entry into Riyadh, the capital of Saudi Arabia, as the company puts expansion beyond China on its agenda as domestic consumption falls.

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NSO’s Pegasus spyware: here’s what we know

The Verge

Some of the stories have been shocking, with allegations that fully updated smartphones can be hacked with a single text message , and reports that two women close to murdered journalist Jamal Khashoggi were among those targeted by a government agency using the spy tool. In short, NSO Group makes products that let governments spy on citizens.

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Tesla’s success helped aim a fire hose of cash at EV startups in 2020

The Verge

Byton’s demise was striking, given that it had backing from such a powerful government-owned automaker. Nio, which started as an ostensibly independent company (as far as such a thing can exist in China), ultimately had to turn to the Chinese government for help. To wit, this week I spoke with Fraser Atkinson, the CEO of GreenPower.

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Burn, baby, burn. Real estate-focused fintech startups feel the heat

TechCrunch

Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. This led to a boom in business for startups catering to home buyers. As we all know, the housing market goes through cycles. Low interest rates mean more purchases and refinances.