Tech

MoneyFellows raises $13M to take its group savings model outside Egypt

While most African digital lenders depend on working capital to fuel growth, MoneyFellows has quietly done what few others have: lend billions of Egyptian pounds with almost no debt or balance sheet exposure. Now, after raising $13 million in a pre-Series C round led by Casablanca-based Al Mada Ventures and DPI’s Nclude Fund, the Cairo-based […]

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Enhancing the E-Commerce Customer Journey with Generative AI

In 2025, e-commerce retailers are vying for divided consumer attention. BoF’s latest white paper, ‘The Future of E-Commerce, Powered by Generative AI’ — in partnership with Zalando — explores how the next generation technology is pushing the frontiers of product delivery and content displays, and enhancing digital shopping experiences along the way.

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Temu stops shipping products from China to the U.S.

Chinese retailer Temu has shifted strategy in the face of U.S. tariffs. Through executive order, President Donald Trump has ended the so-called de minimis rule, which allowed goods worth $800 or less to enter the country without tariffs. He’s also increasing tariffs on Chinese goods by more than 100%, forcing both Chinese companies like Shein […]

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Warren Buffett will step down as Berkshire Hathaway CEO

Legendary investor Warren Buffett announced today that he will ask the Berkshire Hathaway board to have Greg Abel replace him as CEO at the end of 2025. “I think the time has arrived where Greg should become the chief executive officer of the company at year end,” Buffett said at the end of the company’s […]

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Week in Review: Apple won’t raise prices — yet

Welcome back to Week in Review! We’ve got lots of news for you today: Amazon earnings, Apple earnings, ChatGPT sycophancy, Alibaba’s AI models, and much more. Let’s get to it! Well? During Apple’s earnings call yesterday, Tim Cook revealed that the company paid $900 million in tariffs last quarter. But despite this, the CEO didn’t […]

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Google’s Gemini has beaten Pokémon Blue (with a little help)

Google’s most expensive AI model seems to have crossed a major milestone: Beating a 29-year-old video game. Last night, Google CEO Sundar Pichai posted triumphantly on X, “What a finish! Gemini 2.5 Pro just completed Pokémon Blue!” To be clear, the Gemini Plays Pokemon livestream was created by (in his own words) “a 30 year […]

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eBay and Etsy are relatively confident despite tariff pressures

Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trump’s tariffs.  However, based on the comments made by eBay and Etsy earlier this week, both don’t appear to be overly concerned.  The companies recently reported Q1 2025 earnings results, both addressing the pressing topic of […]

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