Techmeme: Skael, which provides no-code automation tools for enterprises, raises a $38M Series A led by RTP Global, bringing its total funding to $42M (Kyle Wiggers/VentureBeat)

Top News

Queenie Wong / CNET:

Trump Media & Technology Group debuts Truth Social on the US App Store, where the free app hit No. 1; some users got errors or were waitlisted when signing up — Some people who downloaded the social media app received error messages when they tried to create an account. Others were placed on a waitlist.

Emily Nicolle / Bloomberg:

Crypto exchange FTX.US launches FTX Gaming, a gaming unit offering “crypto-as-a-service” for game companies to launch tokens and add NFT support — Crypto exchange FTX is launching its own gaming unit, aimed at encouraging more game publishers to embrace cryptocurrencies, blockchain networks and non-fungible tokens.

More: The Verge, Blockworks, CoinDesk, Decrypt, City A.M., Cointelegraph, Coinspeaker, and The Block

Annie Palmer / CNBC:

Despite billions spent over 15 years, Amazon's grocery strategy is unprofitable and incoherent; Numerator: Amazon and Whole Foods had 2.4% US share in December — - Amazon's grocery endeavors have cost many billions of dollars over the past 15 years but have yet to yield a coherent strategy.

Tweets: @epro

Jeanny Yu / Bloomberg:

Tencent shares fell 5.2% on Monday as Chinese tech stocks had their worst two-day drop since July 2021, amid fears of impending Chinese regulatory crackdowns — Chinese technology shares had their worst two-day drop since July due to renewed fears Beijing may roll out more restrictions for private enterprise.

More: Cointelegraph. Tweets: @schuldensuehner and @pelstrom

Allison Johnson / The Verge:

Samsung Galaxy S22 Ultra review: great performance, improved cameras, and welcome S Pen support, but lackluster battery and unflattering night selfie portraits — A worthy Note successor that stands alone — Phones in a flagship lineup have come to feel like variations on a theme.

More: AppleInsider, Gizmodo, Android Authority, Phandroid, DXOMARK, Android Headlines, Tom's Guide, PCMag, Engadget, and ZDNet

Kyle Wiggers / VentureBeat:

Skael, which provides no-code automation tools for enterprises, raises a $38M Series A led by RTP Global, bringing its total funding to $42M — No-code platforms, which let users create apps leveraging tools that don't require programming knowledge, are gaining popularity in the enterprise as their value becomes apparent.

More: SiliconANGLE, FinSMEs, and Yahoo Finance

Bloomberg:

Nigerian fintech Tingo, which processes ~$4B in e-commerce transactions annually, seeks $500M to expand in Africa; Tingo, valued at $6.3B, plans an IPO in H1 — Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter — Tingo Inc, which does most of its business in Nigeria …

Liz Hughes / IoT World Today:

Palo Alto-based Motorq, a connected-car data analysis service for businesses, raises a $40M Series B led by Insight Partners — Motorq's platform helps fleet managers improve efficiency while reducing costs — Motorq has raised $40 million to advance its connected vehicle platform.

More: FinSMEs, GlobeNewswire News Room, Motorq, and Global Fleet

Tatiana Bautzer / Reuters:

Brazil-based Sólides, which offers HR management software to over 12,000 Brazilian businesses, raises $100M from Warburg Pincus — Private equity firm Warburg Pincus has invested $100 million in Brazilian human resources startup Solides for an undisclosed minority stake …

More: Warburg Pincus and LABS English

Rashi Shrivastava / Forbes:

Check, which provides payroll digitization software, raises a $75M Series C led by Stripe, bringing its total funding to $119M and valuing the startup at $725M — As startups increasingly embed payroll into their software products, Check, a three-year-old startup that provides software tools …

More: checkhq.com. Tweets: @forbes, @ericstromberg, and @forbes

Ingrid Lunden / TechCrunch:

PrimaryBid, which helps companies include ordinary retail investors in IPOs and follow-on fundraises, raises a $190M Series C led by SoftBank's Vision Fund 2 — Thanks to the growth of fintech, financial services like investing are getting ever more accessible to the wider population of consumers.

More: Insider, Tech.eu, Crowdfund Insider, Coinspeaker, Finextra, and AltFi. Tweets: @ingridlunden. Thanks:@ingridlunden

Catherine Shu / TechCrunch:

Philippines-based PayMongo, which enables merchants to accept digital payments, raises a $31M Series B, following a $12M Series A in 2020 led by Stripe — Philippines-based fintech PayMongo, which enables merchants to accept digital payments, announced today it has raised $31 million …

More: DealStreetAsia, Tech in Asia, and Forbes. Tweets: @helloceebs

Sponsor Posts

Google:

Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life

Soxton:

AI-powered law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!

Zoho:

Zoho CRM Plus in 2025: A year of thoughtful CX improvements — 2025 marked 11 years of building a customer experience platform designed to support organizations as customer expectations, channels …

IDrive:

Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Sponsor Techmeme

Featured Podcasts

Big Technology Podcast:

Alex And Ranjan's 2026 Outlook: ChatGPT 1 Billion, AI Shopping, Apple's Big Year, AI Love Boom

The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.

Subscribe to Big Technology Podcast.

Hard Fork:

Where Is All the A.I.-Driven Scientific Progress?

The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.

Subscribe to Hard Fork.

The Talk Show With John Gruber:

'A Naughty Citizen', With Quinn Nelson

The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.

Subscribe to The Talk Show With John Gruber.

Channels with Peter Kafka:

Podcast Pioneer PJ Vogt's Second Act: Less Budget, More Control

Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.

Subscribe to Channels with Peter Kafka.

BG2 Pod:

AI Enterprise - Databricks & Glean

Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.

Subscribe to BG2 Pod.

Tools and Weapons with Brad Smith:

Ted Sarandos: Netflix and how tech changed storytelling

Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.

Subscribe to Tools and Weapons with Brad Smith.

Add your podcast here

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:45 PM ET, February 21, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.