@salmanmasood Wasn't there already a process to flag, shut down and share information of such accounts?
Asia Internet Coalition might spring into action one more time.
@FaseehMangi When I transfer cash to a business, my bank transfers it through RAAST automatically and charges nothing for the transaction but since the last 2 days when I transfer to my digital wallet which IS configured for my RAAST ID, I am now being charged an additional tax 😄
@FaseehMangi Yea yea, you highlighted that. I was just indicating that the news is old but went unnoticed because not many are familiar with Wemsol but Keenu is well-known 👍
Pakistan’s top-funded startup Bazaar completed the acquisition of digital payments platform Keenu this week in its bid to build Pakistan’s biggest e-commerce and fintech platform
• It plans to hit profitability in coming quarters
https://t.co/Rup1fw1QAl
> "How many seed deals do you do each month?"
> "Pfft. Around twenty."
> "And two years ago?"
> "Four—maybe five. I was a product manager. Now I live in Woodside."
> "And how many of those are raising at 50x ARR?"
> "Most of them. Eighty, ninety percent. Most others are pre-revenue"
> "So… do any of them not get marked up?"
> "If they’re not marked up, I’ve failed."
> "Even if they have no revenue?"
> "No revenue, no product. You just need a demo video and some OpenAI credits. The market will eat it up
> "And nobody checks traction?"
> "If I wire the seed on this summer, a growth fund’s in by Fall—at 5x."
Rupee stability is over
Pakistan will allow the rupee to gradually weaken to manage pressures as the economy gains pace, Fitch Ratings
The ratings company sees the rupee at 285 against the dollar by June end and 295 at the end of next fiscal year
https://t.co/lf4gHoKMka
Reliance's streaming platforms have captured two-thirds of India's on-demand video market, according to Sensor Tower.
(Image via UBS, which, like most brokerages, has left YouTube out of the comparison.)
UBS on SaaS spend: "We were told that 21% of orgs cut their SaaS spend last year and budget pressures were the biggest driver, and with 30% of licenses reportedly unused today, both suggested SaaS rationalization/optimization efforts are likely not over and will continue."
Sources: OpenAI is in the early stages of building its own X-like social network, focused on ChatGPT image generation, and is asking some outsiders for feedback (The Verge)
https://t.co/N6xddfExJE
https://t.co/wPg61hHkmY
https://t.co/ZOzeer2dpR
Millennials going through 9/11, two economic recessions, a pandemic, the looming threat of WW3, AI job automation, and now facing the ‘biggest crash in history’
NEW: @Yahoo selling @TechCrunch to investment firm Regent
— Regent just acquired Foundry, which houses a slew of online tech publications, such as PCWorld, Macworld and TechAdvisor
https://t.co/DhQg5mC9Vo