A group of 17 Democratic senators is calling on the Biden administration to reject Israel’s claims that it is not violating international law by restricting humanitarian aid amid a growing debate in Washington over whether the United States should suspend arms transfers to the government of Prime Minister Benjamin Netanyahu. The State Department last week … Read more
Youverify, a Nigerian provider of identity verification and anti-money laundering (AML) solutions for banks and startups, secured a $2.5 million investment from Elm, which specializes in offering ready-made and customized digital solutions to public and private institutions in Saudi Arabia. The pre-Series A investment from Elm also includes a strategic partnership to help Youverify streamline … Read more
Apple is on a roll when it comes to having its hand forced by state entities and governing bodies: Alternative payment methods, stripping features from existing hardware, allowing alternate app stores and genuine browser default competition — everywhere you turn it seems to be satisfying some reversal, owing either to trial judgments not going its … Read more
Count Spotify among those not thrilled with how Apple has chosen to comply with the EU’s Digital Markets Act (DMA), which sets the stage for sideloading apps, alternative app stores, browser choice, and more. On Friday, the streaming music company issued its response to Apple’s new DMA rules, calling the new fees imposed on developers … Read more
Epic Games CEO Tim Sweeney is none too pleased with Apple’s new App Store rules, dubbing them once again a case of “malicious compliance” and filled with “junk fees.” As reported earlier this week, Apple decided it will charge fees on “sideloaded” apps in the EU — that is, apps and games downloaded from outside … Read more
Fortnite maker Epic Games is not happy about how Apple intends to comply with a district court’s injunction that permitted app developers to direct users to their own websites and payment platforms — a court order that came into effect following the Supreme Court’s decision to not hear the Apple antitrust case, leaving the current … Read more
Governance, risk management and compliance — GRC for short — remains one of the most active startup areas in terms of VC investments. According to Tracxn, the private market data tracker, the roughly 1,500 vendors selling GRC software had received $28.7 billion in funding as of 2021. It’s no wonder there’s such high interest. GRC … Read more
The compliance process at pharmaceutical manufacturers is a complicated and prone to errors because many still use paper-based systems to record manufacturing steps. These paper records are reviewed by FDA auditors to ensure that guidelines were followed, but they are prone to errors, often leading to warnings. This results in higher costs and slower manufacturing. … Read more