Drone delivery is about to be a thing in more parts of the world, thanks to Zipline’s funding round. — American drone delivery startup company, Zipline Inc, made $250 million from its funding round that involved Fidelity investments, Temasek, and Baillie Gifford. Zipline stated the demand for its services had surged in countries within Africa and states within the U.S because of its medical supplies delivery to local hospitals.

Twitter is going to be experiencing some leadership changes after nine years. — Twitter announced that its Customers Lead executive, Matthew Derella, is resigning from his role after serving for nearly a decade. He is going to be replaced by Sarah Personette who serves as Twitter’s VP of Global Client Solutions currently. The reason for Matthew Derella’s exit from Twitter is said to…

Turntide is making big purchases from the proceeds of its recent funding round. — American electric vehicle company, Turntide Technologies, garnered $225 million from its funding round. Some of the investors who were a part of the funding round include Breakthrough Energy Ventures, Jones Lang LaSalle Inc, and others. Turntide Technologies channeled the funds that were derived from the funding round into the purchase…

A new cryptocurrency company wants to give every person on earth a piece of its special cryptocurrency but there is a condition. — Worldcoin is a cryptocurrency startup company under the leadership of the former CEO of Y Combinator, Sam Altman, Alexander Blania and Max Novendstern. Worldcoin announced its intention to give every person in the world its cryptocurrency on the condition that they get their eyes examined.

Two of Nigeria’s most popular digital market spaces are coming together as one. — The Co-Founder of Jiji.ng, Vladimir Mnogoletniy, announced that the company has acquired well known Nigerian automobile trading platform, Cars45. He revealed that the reason behind Jiji’s purchase of Cars45 is to expand further into the automobile trading industry. Jiji is also said to be leveraging on Car45’s goodwill to gain…

Uganda is receiving a helping hand towards the recuperation of its economy. — The International Monetary Fund announced via an official statement that the organization giving $1 billion to Uganda. The aim of this fund is to help the country’s economy recuperate from the effect of the COVID-19 pandemic. The loan was disbursed under the IMF’s Extended Credit Facility and will span over…

The world’s largest social media company is now worth $1 trillion. — American social media company, Facebook, hit the $1 trillion market capitalization. This makes Facebook the fifth American company to do this. This was due to the company’s shares trading at $355.64 and recording a 61.2% in profit increment. Mark Zuckerberg’s net worth has increased to $132 billion following this new…

South Korea’s Kakao is aiming for something huge with its IPO. — Kakao Bank is a South Korean money lending company that was founded in 2016 as a subsidiary of Kakao Talk, South Korea’s largest mobile messenger service which had over 46 million users at the time. Kakao Bank has decided to sell 65.45 million shares at 33,000 to 39,000 won per…

Cryptocurrency traders in the United Kingdom have to bid one of their favorite crypto trading platforms goodbye. — Britain’s Financial Conduct Authority, the United Kingdom’s markets regulator, put out a statement that announced that Binance had been banned from operating in the United Kingdom. Binance is mandated to add a disclaimer to this effect on its website for its users who are residents of the United Kingdom stating…