PayPal acquires Japan’s Paidy for $2.7B to crack the buy-now, pay-later market in Asia – ProWellTech

PayPal Holdings, the US fintech company, announced the acquisition of Payy, a Japanese service platform that will now be bought and paid for later (BNPL), for around $ 2.7 billion (300 billion yen), mostly in cash , to strengthen its business in Japan. The transaction is expected to close, including regulatory approval, in the fourth…

Twitter is testing big ol’ full-width photos and videos – ProWellTech

Twitter is testing big ol’ full-width photos and videos – ProWellTech

Twitter is exploring ways to build a more visually immersive experience with its latest test, which brings edge-to-edge tweets to the app on iOS. Full-width images and videos track for the direction the company has shown some interest in going lately. Twitter introduced bigger images with improved cropping controls for its pair of mobile apps…

Andy Walker

WhatsApp privacy and encryption are a mess, finds new investigation

TL; DR A new report sheds light on the inner workings of WhatsApp’s content verification system. The report suggests that, despite claims that employees cannot read messages, WhatsApp is still employing contractors to review content. WhatsApp claims that its employees can only read messages that have been reported to the company. WhatsApp’s privacy-centric claims may…

Nigeria’s Prospa gets $3.8M pre-seed to offer small businesses banking and software services – ProWellTech

Nigeria’s Prospa gets $3.8M pre-seed to offer small businesses banking and software services – ProWellTech

In Nigeria, there are more than 40 million micro-businesses underserved in some form or another regarding banking services. Although some of these businesses have registered bank accounts, gaps exist in how banks use the data available to serve the needs of each business. With banks, presenting a series of transactions as statements is all these businesses…

Hadlee Simons

Motorola Space Charging can charge 4 devices at once

TL; DR Motorola has demonstrated its improved version of over-the-air charging. The company’s space charging solution offers the ability to charge four devices at the same time. The improved technology also allows users to charge devices up to three meters away. Xiaomi was the first major brand to demonstrate air charging technology and, earlier this…