The Station: Audi punts on Level 3, Lyft layoffs and Nio’s $1 billion deal

While COVID-related stay-at-home orders have been extended in some places, officials in other places in the U.S. have decided to open up. We are watching and waiting to see how this plays out.
https://tcrn.ch/2KWLxmx

Nvidia acquires Cumulus Networks

Nvidia today announced its plans to acquire Cumulus Networks, an open-source-centric company that specializes in helping enterprises optimize their data center networking stack. Cumulus offers both its own Linux distribution for network switches, as well as tools for managing network operations. With Cumulus Express, the company also offers a hardware solution in the form of […]
https://tcrn.ch/2W3imV6

Africa Roundup: Visa connects to M-Pesa, Flutterwave enters e-commerce

It seems the demand for Safaricom’s M-Pesa payment product never eases. Since its 2007 launch in Kenya, the fintech app has commanded over 70% of the mobile money market in that country. When COVID-19 hit the East African nation of 53 million in March, the Kenyan Central Bank turned to M-Pesa as a public health […]
https://tcrn.ch/2W22Wk3