This week, WhatsApp has launched its business app in select markets, YouTube is axing small creators and Ford is going $11 billion higher in its electric car bet. Read on.
After classifying initial coin offerings(ICOs) as unauthorized fundraising tools, China banned them in a move cracking down on cryptocurrencies. In futherance, China is targeting websites and mobile apps that offer cryptocurrency exchange-like services, CNBC reported on Monday.
While China is banning, Venezuela has its own cryptocurrency,
Considering Bitcoin’s crash below $10,000 this Forbes piece is wondering if the cryptocurrency is ‘busted flush’.
Oh, by the way, Japan has a cryptocurrency all-girl pop group. Engadget reports that members of the group all go by the name of large cryptocurrencies and of course, you have to pay in crypto to get into their shows.
Driving Autonomously Electric
Ford is planning to double its investment in electric cars to $11 billion to catch up with General Motors and other major players. The Verge reports that the auto manufacturing giant will rollout 16 fully electric cars by 2022, and the first set will be available by 2020.
During CES last week, General Motors, Google, Toyota, and a lot more auto manufacturers made an impressive display, still you can’t buy an electric car anytime soon.
On Tuesday, YouTube made new policy changes, published a blogpost to the effect and sent email to creators on the platform. The changes were hard on small creators.
According to the blog, from the 20th of February 2018 channels with fewer than 1,000 subs or 4,000 watch hours will no longer be able to earn money on YouTube.
WhatsApp for business officially launches
After speculations, WhatsApp has finally launched its business app. TechCrunch reports that the WhatsApp for business feature will be rolled out in select markets, including Indonesia, Italy, Mexico, the U.K. and the U.S., ahead of a worldwide roll-out.
Popular Science has a list of 24 hidden Android settings every Android user should know.
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New Report: Nigerian startups raised $24.7 million in Q2 2019, 40% higher than Q1. Find out more in the latest quarterly edition of the Nigerian Startup Funding Report here.