Author name: munir-transfer

World economy put on alert for stagflation

Finance Minister Katy Gallagher concedes Australia is facing economic challenges, after warnings the global economy risks a toxic mix of low growth and high inflation, also known as stagflation. The Bank for International Settlements says the past year has been shaped by two powerful forces – the COVID-19 and Russia’s invasion of Ukraine. “This combination […]

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What do you call the opposite of the startup halo effect?

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. Just as one company’s success shouldn’t cast a halo on its vertical’s brethren, one company’s layoffs don’t quite mean that its competitors are equally screwed. Instead, I think that changes within a

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Is technology spying on you? New AI could prevent eavesdropping

Big Brother is listening. Companies use “bossware” to listen to their employees when they’re near their computers. Multiple “spyware” apps can record phone calls. And home devices such as Amazon’s Echo can record everyday conversations. A new technology, called Neural Voice Camouflage, now offers a defense. It generates custom audio noise in the background as

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World Bank president says it'll be 'very hard' for some countries to avoid recession

World Bank President David Malpass said Sunday that the world economy is undergoing a “sharp slowdown” due to Russia’s invasion of Ukraine, and warned it will be difficult for some countries to avoid recession. “We’ve seen the world growth fall by half since January, in terms of GDP growth,” Malpass said in an interview on

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Dhaka-based startup Edvive raises USD 50K in pre-seed round

Edive, an ed-tech startup based in Bangladesh, has recently raised USD 50,000 in pre-seed investment. 4 Bangladeshi technology investors with a collective experience of 20 years in the industry, led the investment round. The investors are: Tanvir Ahmed, It Business Consultant, Edmonton, Canada; Mohammad Ibrahim, Computer Engineer, ADNOC Offshore, UAE; Muhammad Mainul Hossain, CEO, TechOptions;

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Lido Finance [LDO]: Assessing what went wrong with this token in the last seven days

Lido Finance [LDO], via a Twitter threadinformed community members of the performance of the DeFi Protocol between 17 June and 24 June. According to the thread, Lido recorded a 13% uptick in its Total Value Locked (TVL) within the period in consideration, thus bringing its TVL to $5.22 billion. However, as the rest of the

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