After the Federal Aviation Administration issued a statement late yesterday doubling down on its decision to keep the Boeing 737 Max planes at the heart of two accident investigations flying, Canada has become the latest nation to ground the plane. “There are — and I hasten to say not conclusive — but there are similarities,” […]
View More After FAA doubles down on 737 decision, Canada grounds the planes amid reports of complaints from U.S. pilotsCategory: Argentina
Google has quietly added DuckDuckGo as a search engine option for Chrome users in ~60 markets
In an update to the chromium engine, which underpins Google’s popular Chrome browser, the search giant has quietly updated the lists of default search engines it offers per market — expanding the choice of search product users can pick from in markets around the world. Most notably it’s expanded search engine lists to include pro-privacy […]
View More Google has quietly added DuckDuckGo as a search engine option for Chrome users in ~60 marketsPayPal to invest $750M, and Dragoneer $100M into MercadoLibre, Argentina’s e-commerce powerhouse
It’s not only SoftBank that’s eyeing up the opportunity to tap into the quickly expanding market for e-commerce in Latin America. MercadoLibre, a marketplace and financial services powerhouse based out of Argentina and serving 18 countries across the region, has announced that PayPal is investing $750 million, and VC Dragoneer another $100 million, as part of […]
View More PayPal to invest $750M, and Dragoneer $100M into MercadoLibre, Argentina’s e-commerce powerhouseA private equity bet in Latin America proves the strength of fintech investments there
Latin America is getting another fintech unicorn thanks to Advent International’s acquisition of a 51 percent stake of Prisma Medios de Pago, an Argentine payments company formed as a joint venture between Visa International and local banks. The deal, which values Prisma at $1.42 billion, is yet another sign of Latin America’s growing prominence for […]
View More A private equity bet in Latin America proves the strength of fintech investments thereTrump heard saying ‘Get me outta here’ on a hot mic at G20
It was quite a weekend for President Trump at the G20 summit in Argentina, from a meeting with Putin to a tariff agreement with China. But perhaps the most notable moment for Trump came when he wandered offstage, grumbling, “Get me outta here.”
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“The problem is Facebook,” lawmakers from nine countries tell Zuckerberg’s accountability stand-in
A grand committee of international parliamentarians empty-chaired Mark Zuckerberg at a hearing earlier today, after the Facebook founder snubbed repeat invitations to face questions about malicious, abusive and improper uses of his social media platform — including the democracy-denting impacts of so-called ‘fake news’. The UK’s DCMS committee has been leading the charge to hold Facebook […]
View More “The problem is Facebook,” lawmakers from nine countries tell Zuckerberg’s accountability stand-inNow eight parliaments are demanding Zuckerberg answers for Facebook scandals
Facebook’s founder is facing pressure to accept an invite from eight international parliaments, with lawmakers wanting to question him about negative impacts his social network is having on democratic processes globally. Last week Facebook declined a invitation from five of these parliaments. The elected representatives of Facebook users want Mark Zuckerberg to answer questions in […]
View More Now eight parliaments are demanding Zuckerberg answers for Facebook scandalsZuckerberg rejects facetime call for answers from five parliaments
Facebook has declined once again to send its CEO to the UK parliament — this time turning down an invitation to face questions from a grand committee comprised of representatives from five international parliaments. MPs from Argentina, Australia, Canada, Ireland and the UK have joined forces to try to pile pressure on the company’s founder, Mark […]
View More Zuckerberg rejects facetime call for answers from five parliamentsMexican venture firm ALL VP has a $73 million first close on its latest fund
Buoyed by international attention from U.S. and Chinese investors and technology companies, new financing keeps flowing into the coffers of Latin American venture capital firms. One day after the Brazilian-based pan-Latin American announced the close of its $150 million latest fund comes word from our sources that ALL VP, the Mexico City-based, early stage technology […]
View More Mexican venture firm ALL VP has a $73 million first close on its latest fundBrazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startup
After selling their ridesharing startup, 99, to Didi Chuxing for $1 billion last year, Ariel Lambrecht and Renato Freitas didn’t waste any time throwing their hats back in the ring. Months after their big exit, the pair joined forces with Eduardo Musa, who spent two decades in the bicycle industry, to start another São Paulo-based mobility startup. […]
View More Brazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startupLatin America is the next stage in the race for dominance in the ride-hailing market
Nathan Lustig Contributor Nathan Lustig is an entrepreneur and managing partner at Magma Partners, a seed-stage investment fund in Santiago, Chile. More posts by this contributor Latin America’s Groupon Mafia A new era for startup investing in Latin America As the number of competitors in the ride-hailing industry dwindles, geographic expansion is emerging as the […]
View More Latin America is the next stage in the race for dominance in the ride-hailing marketIn Argentina, venture capital surges even as the broader economy stutters
Even as the Argentine government was announcing the biggest slide in the country’s economic output in nearly a decade, technology investors in the nation’s capital are all gearing up for record fundraising years. Three of the country’s biggest firms (which are still small by international standards) are raising new, exponentially larger, funds in a sign […]
View More In Argentina, venture capital surges even as the broader economy stutters