2021 - Tech Startups

Energy / Environment / Self-Driving / Smart Car / Tech Startup News / Tech Startups / Technology News

LG Electronics agreed to pay up to $1.9 billion in settlement to General Motors over Chevrolet Bolt EV battery fires

Nickie Louise Posted On October 12, 2021

South Korea-based LG Electronics has agreed to reimburse General Motors up to $1.9 billion to recall Chevrolet Bolt EVs due to fire risks caused by faulty batteries provided by LG. The battery fire problem has led GM to recall every […]

3.0K Views

Featured / Launch / Tech Startup News / Tech Startups / Technology News

Amsterdam-based scooter startup Dott launches e-Bikes on the streets of Paris

Daniel Levi Posted On October 12, 2021

The electric scooter market space is saturated with hundreds of startups competing for their shares of the market. The two major players Bird and Lime have raised over $870 million in the US and expanding to Europe. However, one startup […]

2.6K Views

Energy / Environment / Startup Funding / Tech Startup News / Tech Startups / Technology News

Bill Gates-backed energy storage startup ESS goes public through a $308 million SPAC deal

Daniel Levi Posted On October 12, 2021

As the world transitions from fossil fuels to renewable energy sources, energy from intermittent sources like wind and solar must be stored for use when the wind isn’t blowing and the sun isn’t shining. That’s one of the biggest problems that […]

2.6K Views

Featured

Vroom buys auto lender United Auto Credit for $300M to offer financing options for its used car shoppers

Nickie Louise Posted On October 12, 2021

Online used car retailer Vroom announced Tuesday that it would buy automotive lender United Auto Credit Corp (UACC) for $300 million in cash. Vroom said the acquisition will enable it to offer financing options for its shoppers. Vroom also said United […]

1.8K Views

Electric Car / Electric Vehicles / Technology News

How Trevor Milton, founder of hydrogen truck startup Nikola, became a billionaire using a fake video of driving prototype to swindle investors into the alleged Tesla killer; now charged for fraud by SEC

Daniel Levi Posted On October 11, 2021

In July, we wrote about the founder of hydrogen truck startup Nikola Trevor Milton after he was charged with criminal fraud and two counts of securities fraud. About a year before the charges, Trevor Milton resigned from the company he founded as […]

2.9K Views

Launch / Space / Tech Startup News / Tech Startups / Technology News / Transportation

Space tech startup Varda Space selects SpaceX for the launch of the first space manufacturing satellite to take factories off planet Earth and build the first industrial park in space

Daniel Levi Posted On October 11, 2021

The idea of conducting research and manufacturing materials in space has yielded new discoveries and innovative products that could reshape life on Earth. However, the idea is not a novel concept. For many years, the International Space Station (ISS) — humanity’s […]

2.6K Views

Gaming / Technology News

Apple wants another go in its legal battle against Fortnite maker Epic Games

Nickie Louise Posted On October 11, 2021

For those of you who have been following the legal battle between Apple and Fortnite maker Epic Games, little “David” (Epic Games) won a decisive victory after the Federal judge rule last month that Apple must allow third-party payments in its […]

1.6K Views

Bitcoin / Cryptocurrency / Ethereum / Tech Startups / Technology News

TRON founder Justin Sun bought 3 Digital Zones NFTs for $2 Million and donated them to APENFT Foundation

Daniel Levi Posted On October 11, 2021

Just when you think the non-fungible token (NFT) market will fizzle out, the market continues to grow with no signs of slowing down. In March, Mike Winkelmann, the digital artist known as Beeple, made history after a single piece of his non-fungible token (NFT) […]

2.2K Views

Blockchain / Startup Funding / Tech Startup News / Tech Startups / Technology News

London-based blockchain startup Elliptic raises $60M to accelerate safe adoption of crypto assets

Daniel Levi Posted On October 11, 2021

As cryptocurrency gains mainstream adoption and popularity, the level of illicit activities and risks have also intensified as hackers and cybercriminals stole millions of dollars from investors and financial institutions. But one startup is on a mission to reverse this trend […]

1.9K Views

Acquisition / Startup Funding / Tech Startup News / Tech Startups / Technology News

Emerson Electric’s software division announces a merger with rival Aspen Technology in $11 billion deal

Daniel Levi Posted On October 11, 2021

Emerson Electric said today it has agreed to merge its software businesses with smaller rival Aspen Technology in a deal worth around $11 billion. Emerson said the merger will help boost its industrial automation business that caters to a swathe […]

2.0K Views

Cybersecurity / Featured / Hacking / Security / Startup Funding / Tech Startup News / Tech Startups / Technology News

Israeli cybersecurity startup Wiz raises $250M in new funding, tripling its valuation to $6 billion in six months

Daniel Levi Posted On October 11, 2021

Last week, cybercriminals hacked into Amazon’s Twitch exposing source code and payouts of creators and top 100 highest-paid Twitch streamers. The rise in cyberattacks has also led to an increase in the number of innovative cybersecurity startups aiming to help […]

3.1K Views

Artificial Intelligence / Emerging Technology / Tech Startup News / Tech Startups / Technology News

China has won the artificial intelligence battle with the United States, Pentagon’s former software chief says

Daniel Levi Posted On October 11, 2021

Over the past five years, stories and news of China dominating the artificial intelligence (AI) world had dominated the headlines. In the summer of 2017, China, the world’s second-largest economy, unveiled a plan to become the world’s leader in artificial intelligence, […]

2.7K Views

Featured

Microfactory: How new EV startups are avoiding ‘manufacturing hell’ that almost doomed Tesla

Nickie Louise Posted On October 10, 2021

As the saying goes, everything is bigger in Texas. The same can be said of Tesla Gigafactory. Last year, Tesla announced Gigafactory Texas (also Tesla Gigafactory 5 or Giga Texas), an automotive manufacturing facility near Austin, Texas. With Gigafactory, Tesla […]

2.7K Views

Featured

Gasification: How three tech startups turn billion tons of waste into clean energy like synthetic gas without burning waste

Nickie Louise Posted On October 9, 2021

Our society produces a lot of waste. Every year, the world generates over 2 billion tons of waste, with at least 33 percent not managed in an environmentally safe manner. According to the World Bank, this number is expected to grow by […]

4.2K Views

Featured / Health / HealthTech / Startup Funding / Tech Startup News / Tech Startups / Technology News

Mental HealthTech startup BetterUp raises $300 million at near $5 billion valuation

Daniel Levi Posted On October 8, 2021

BetterUp made headlines back in March after the Silicon Valley-based mental health startup hired Prince Harry as its Chief Impact Officer. In his new role, The Duke of Sussex is expected to have input into product strategy decisions and charitable contributions, and advocate publicly […]

2.9K Views

Technology News

Chinese delivery giant Meituan fined $533 million in China’s tech crackdown. “We accept the penalty with sincerity,” Meituan says

Daniel Levi Posted On October 8, 2021

As you may recall back in May, Chinese food delivery giant Meituan lost $38.96 billion of its value after the Chinese government’s antitrust crackdown wiped off over $250 billion from Chinese tech stocks. It all started on April 26 when China’s […]

2.4K Views

Acquisition / Featured / Software / Tech Startup News / Tech Startups / Technology News

Microsoft acquires productivity software startup Ally.io to revolutionize how organizations use technology

Daniel Levi Posted On October 8, 2021

Microsoft announced Thursday it has acquired Ally.io, a Washington-based tech startup that provides software to help organizations keep track of their progress on key goals. The financial terms of the deal were not disclosed. So far this year Microsoft has […]

2.1K Views

Technology News / Transportation

Tesla moves headquarters from California to Austin, Texas

Nickie Louise Posted On October 7, 2021

Early last year, we wrote about tech companies moving out of California to Austin, Texas due to the state’s lockdown rules and poor handling of the stay-at-home order. Then in April 2020 during an earnings call, Tesla CEO Elon Musk announced the company […]

1.9K Views

Tech Startup News / Tech Startups / Technology News

Ozy Media, a Black-founded digital media startup, is shutting down after receiving $5.7 million in PPP loans but no one knows where the money went

Nickie Louise Posted On October 7, 2021

OZY Media is a Silicon Valley-based premium media and entertainment startup founded in 2013 by former MSNBC news anchor, journalist, and businessman Carlos Watson. Ozy provides a digital magazine and daily newsletter. Ozy produces podcasts, television series, and events. At its […]

2.3K Views

Cryptocurrency

Nigerian central bank to launch digital currency eNaira within days, CBN governor says

Nickie Louise Posted On October 7, 2021

With at least 81 countries racing to develop own their Central Bank Digital Currencies, the Central Bank of Nigeria (CBN) announced today it will launch its digital currency eNaira in a couple of days from now. The news was first reported […]

1.8K Views

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