Cairo based Pravica, a communication platform using Blockchain technology to empower user privacy and security through decentralised identity, has announced an investment (amount undisclosed) from CV VC (Crypto Valley Venture Capital).
Stagwell is expanding its creative, content, media and marketing communications capabilities throughout Latin America with a new partnership between Stagwell agency Allison+Partners and Latin American heritage agency Grupo Garnier. The partnership will see Grupo Garnier rebranding offices in eight markets as Allison+Partners, including in Costa Rica, El Salvador, Guatemala, Panama, Honduras, Ecuador, Peru and Mexico.
South African startup Abela is supporting the informal economy with the same autonomy and security that banks offer to the formal economy via a QR code-enabled system. Launched in August 2020, Abela started as a QR code-enabled payment platform offering users without a bank account the ability to receive tips and payments digitally. Since then, it has broadened its approach to include the entire informal economy.
A U.S. district court judge has ruled that Google acted to create illegal monopolies in online advertising technology in a way that blocked competition and allowed higher ad prices to be charged. Google will appeal; meantime, the government will decide what to ask the court to do to remedy the monopoly. Google also faces a new U.K. antitrust lawsuit over its dominance of search.