Components in the News January 31, 2023: Juul in Deal Talks, Starlink in Africa, & More

What our Analysts Have Been Reading….


Juul in Deal Talks with Tobacco Giants

Discord Acquires Social Media App Gas

BigPanda Names New CFO

SpaceX’s Starlink Launches in Africa for the First Time

Ripple Partners with Montenegro to Create a CBDC


Juul is exploring a potential partnership, having had conversations with Philip Morris, Japan Tobacco, and Altria. The company is pursuing a sale, investment, or distribution deal.

Discord acquires social media app Gas. Gas is a compliments-based social media platform popular among teens. Although Discord announced it will integrate apps into its servers, Gas will remain a standalone product. The terms of the deal were not disclosed.

BigPanda has named Ed Tang as its CFO. Tang has significant experience in the SaaS sector and was previously with Pinpoint, Lever, and Box.

SpaceX’s Starlink has launched in Nigeria. It is the first African country to receive service.

Ripple has partnered with Montenegro’s Central Bank to launch a pilot CBDC (Central Bank Digital Currency) or stablecoin project for the country. Currently, Montenegro uses the Euro and does not have its own currency.

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