Tech Brew - 30th June, 2022
United States Banning Abortion has become a growing Rift Over Enforcement; As the West Confronts Russia and China, a More Muscular NATO Emerges; Amazon Restricts L.G.B.T.Q. Products in the United Arab Emirates; Y Combinator has announced Launch YC; GetVantage offers revenue-based financing to India’s founders; the Indian Rupee is likely to depreciate on strong dollar elevated crude prices.
In the United States Banning Abortion has become a growing Rift Over Enforcement
Liberal district attorneys are reluctant to bring criminal charges against abortion providers
As the West Confronts Russia and China, a More Muscular NATO Emerges.
It is a fundamental shift for the military alliance born in the Cold War and scrambling to respond to a newly reshaped world.
Amazon Restricts L.G.B.T.Q. Products in the United Arab Emirates including flags and books, where homosexuality is criminalized. The Emirati government gave Amazon until Friday to comply under the threat of penalties.
Y Combinator has announced Launch YC, a platform where people can sort accelerator startups by industry, batch, and launch date to discover new products. The famed accelerator, which has seeded the likes of Instacart, Coinbase, OpenSea, and Dropbox, invites users to vote for newly launched startups.
GetVantage offers revenue-based financing to India’s founders As Some SMEs don’t want to get equity funding, but also want to stay away from high-interest bank loans. The startup announced that it has raised $36 million led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, along with returning investors Chiratae Ventures and Dream Incubator Japan.
In Block chain related News; Cryptocurrencies that were the talk of the season, till about last year, have seen a sudden fall on every matrix for the exchanges and trading volumes, value, and profitability,As a crypto winter sets in following a big drop in prices in the last few months.
In Finance news, the Indian Rupee is likely to depreciate on strong dollar elevated crude prices US$ INR is expected to trade in the range of 79.00 to 79.30.