Xiaomi said Wednesday that it had acquired autonomous driving tech startup Deepmotion for about $77.37 million as it aims to expand into the crowded electric vehicle market. Xiaomi said the acquisition will “enhance the technological competitiveness” of its nascent electric vehicle business and move […]
Abtrace, a London, UK-based healthtech startup, announced today it has raised £2.1 million in seed funding to transform how chronic and long-term health conditions are detected, monitored, and treated. This round was led by the Lisbon-based VC fund Faber, with participation […]
BBC presenter Lisa Shaw died due to complications from the AstraZeneca Covid vaccine, a coroner has found. The healthy mother of one developed headaches a week after her first dose of the vaccine and suffered blood clots in the brain which […]
In recent days, the FDA approval of Pfizer vaccines and vaccine mandates by employers and other organizations have managed to suck the oxygen out of the 24-hour news cycle. However, while vaccines and therapeutics play major roles in combating the deadly covid-19, what’s […]
SPAC has grown in popularity in the last two years. There are at least 400 SPAC IPOs of the 500 IPOs, a 75 percent increase, according to data from the SPAC analytics firm, SPACAnalytics.com. Softbank-backed car-sharing startup Getaround becomes one of […]
As you may recall, we reported in the middle of last year when Google-backed drone startup Wing delivered library books so kids in Virginia can keep reading during the summer. At the time, Wing partnered with Kelly Passek, a middle school […]
The Director-General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus on Monday pleads against booster shots. Dr. Tedros also questioned the efficacy of the booster shots while highlighting the risk of ‘more potent’ variants.” In a news conference in Hungary, Dr. Tedros doubles down […]
It’s perhaps fair to say that AI and machine learning still occupy the realm of science-fiction within our minds, yet there’s a strong chance that something using artificial intelligence already exists in most of our homes. Voice assistants like Siri […]
Back in April, Taiwan told the world that 25 Chinese Air Force warplanes breached its airspace and defense zone in just a day. The incursion into Taiwan’s airspace took place months before the United States decided to pull out of […]
ICON, an Austin, Texas-based construction tech startup using 3D printing robotics to build homes, said today announced it has closed a $207 million Series B round of funding to accelerate growth and meet the growing demand for 3D-printed construction. In conjunction with […]
In just a century, technology and scientific discoveries have forever changed our ways of life. From penicillin to genome editing to CRISPR, billions of people around the world now have access to life-prolonging drugs and vaccines. However, these breakthroughs did not […]
Earlier this year, we made a prediction that non-fungible token (NFT) is one of those tech fads that will soon fade away with time. As it turns out, we were wrong–NFT is here to stay. Since our last piece, NFT […]
Isreal is one of the most vaccinated countries on earth. But the crisis in the ultra-vaxxed Jewish nation deepens as Israel passes 1 million total COVID cases. At this point, the question many are asking is: Can vaccine alone save […]
Customers are the lifeblood of every business. No company can survive without customers. In recent years, customer acquisition has become one of the biggest challenges faced by every new business. With increased competition and even with billions of users now […]
In recent months, Google has been facing a fast and furious pace of lawsuits and antitrust scrutiny. In the second quarter alone, the search giant faced its highest volume of regulatory pressure from lawsuits, which alleges it abuses monopoly power while […]
In March, we wrote about Roblox when the San Francisco-based gaming startup went public with an eye-popping $38 billion market cap to usher in a new era of Metaverse. Unlike other gaming companies, Roblox is building on the “metaverse” concept or […]
In 2015, China was banned from the International Space Station due to human rights issues and national security concerns. China later decided to build its own Space Station called Tiangong. The core of the space station was launched in April 2020. In […]
Chinese tech giant Baidu announced Tuesday that its artificial intelligence (AI) voice assistant Xiaodu Technology has closed Series B financing at a $5.1 billion valuation. The exact amount of the funding was disclosed. Xiaodu Series A was completed in November 2020 […]
In the United States, The average bank interest rate for interest checking accounts is a meager 0.03%. Savings accounts aren’t any better either. The average savings account rate is currently 0.06%, while the average money market account interest rate is 0.09%. Considering […]
Global payments giant Visa revealed Monday it bought CryptoPunk,” one of the thousands of non-fungible token (NFT)-based digital avatars for $165,000. According to the company’s official news-based Twitter account, Visa told its 114,000 followers it paid 49.5 ethereum ($165K) for the […]
