Israels Benjamin Netanyahu Tapped to Form New Government After Repeat Election

Israeli Prime Minister Benjamin Netanyahu has been nominated to form a new government, the countrys president, Reuven Rivlin, announced Wednesday. The meeting between Benjamin Netanyahu and Benny Gantz has concluded. In a short time, the responsibility for forming the government will be given to Benjamin Netanyahu, after which President Rivlin and Prime Minister Netanyahu will give remarks, Rivlin tweeted on Wednesday. Shortly thereafter, Netanyahu made a televised appearance confirming the decision. Tonight, I received the mandate to establish the government from the hands of President Reuben Rivlin. I thank him and thank you, citizens of Israel, Netanyahu said Wednesday. I will make every effort to establish the only government possible for Israel at this timea broad national unity government. Rivlin …

Netanyahu struggles to hold on to power as Gantz claims victory

Blue and White leader rejects offer to serve under Likud after close-run Israeli election Benjamin Netanyahu is furiously manoeuvring to cling to office after his rival Benny Gantz refused to serve under him in a government of national unity following an inconclusive election. Gantzs Blue and White alliance is two seats ahead of the Israeli prime ministers Likud party, according to results published by Israeli media with 97% of the vote counted. Neither bloc has an obvious path to form a majority coalition, and Netanyahu called for them to join together in a unity government, hinting that he might be willing to accept a power-sharing arrangement with Gantz, a precedent found in the rotation of the prime ministers office between …

Africa Roundup: Jumias post-IPO earnings, Gokadas $5.3M raise, Facebooks fake-news purge, Joe Montanas fintech investment

Jumia held its first post-IPO earnings call and weathered a short-sell assault in May, with Wall Street showing confidence in the Pan-African e-commerce company. On the numbers, key takeaways were that Jumia’s Gross Merchandise Value (GMV) — the total amount of goods sold over the period — grew by 58% to €240 million. Marketplace revenue grew 102% to €16 million, and gross profits as a percentage of GMV grew by 6.5% in Q1 2019. Overall, Jumia’s operating losses for the period widened to €45.4 million from €34.3, and negative EBITDA increased to €39.5 million from €30.2. So the startup’s still losing money — see the big losses reported in the IPO filing — but is improving its ability to earn. …

When it comes to elections, Facebook moves slow, may still break things

This week, Facebook invited a small group of journalists — which didn’t include TechCrunch — to look at the “war room” it has set up in Dublin, Ireland, to help monitor its products for election-related content that violates its policies. (“Time and space constraints” limited the numbers, a spokesperson told us when he asked why we weren’t invited.) Facebook announced it would be setting up this Dublin hub — which will bring together data scientists, researchers, legal and community team members, and others in the organization to tackle issues like fake news, hate speech and voter suppression — back in January. The company has said it has What is not at all clear is how quickly Facebook acted to removed …