Rio Web News Today

(Bloomberg) -- Clara, a financial-technology firm based in Brazil, is working to raise new equity and debt financing to support its growth as the company’s chief executive officer sees the venture capital market coming back.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Speeds Cheaper EV Plans, Calming Fears Over StrategyBillionaire Pinaults Fight to Pull Gucci Off the Discount R...

Rio de Janeiro’s push to become Latin America’s tech hub is similar to Brazil and Latin America’s struggle.

Despite a raft of technical issues at inaugural event in Brazil, a party atmosphere saw talk of tech layoffs pushed to the margins with tickets costing between €375 and €9,000