What is going on with the Binance and FTX deal?

This episode is also available on YouTube - https://youtu.be/iX53hzW7rqc

Today on the Techpoint Africa Podcast, our reporters discuss and share insights on some of the trending stories in the African tech space.

The stories:

• Jumia aiming for more profits
• Meta to layoff 11,000 staff
• Binance-FTX brouhaha
• Twitter drama

To advertise or promote your brand, visit this link or send an email to [email protected]

Explore the fintech in everything at The Fintech Summit 2022

Timestamps

00:00 - Intro

02:10 - Jumia's CEOs step down

11:07 - Meta lays off 11,000 employees

24:23 - Binance and FTX

43:12 - The government of an Elon Musk-run Twitter

Useful links

• Jumia’s founders step down 
• Meta to lay off 11,000 employees 
• Binance agrees to acquire FTX
• Binance backs out of FTX rescue, leaving the crypto exchange on the brink of collapse
• Twitter recalls some staff; former CEO apologizes for layoffs
• Drama Unfolding at Twitter: What’s the update?
• Layoff Convos #2: How companies decide who to lay off. Looking deeper at 54gene, Wave and SWVL

This episode was produced by Ogheneruemu Oneyibo and Gracious Sede

Email us your feedback at [email protected]. Visit www.techpoint.africa for more stories.

Music - Beach by MBB