Minutes after completing the $44 billion Twitter acquisition, Elon Musk began his Twitter ownership with the firings of four top Twitter executives. The first to be fired was former CEO Parag Agrawal. Musk also fired Ned Segal, the chief financial officer, Sean […]
Yesterday, Elon Musk posted a video of himself entering Twitter HQ with a bathroom sink and a message: “Let that sink in!” It now appears that it’s beginning to “sink in” for some Twitter employees. Just minutes after The Financial […]
Google has acquired Alter, an AI avatar startup and the maker of the app that lets people create their own virtual avatars. The transaction was completed about two months ago but the news of the acquisition first became public. A Google spokesperson confirmed […]
Is Facebook’s Meta going the way of MySpace? Earlier today, we wrote about Meta after the company reported a loss of $3.6 billion from its Reality Labs metaverse unit in the third quarter of 2022, causing its stock to close at about […]
While many tech pundits have predicted the early death of non-fungible tokens (NFTs), it appears the NFT craze is not going away anytime soon. Instead, NFT adoption has accelerated despite the ongoing economic slowdown and crypto winter. In a clear sign that […]
Classera, the largest EdTech in the Middle East and North Africa(MENA), has raised $40 million in series A funding led by Sanabil Investments, wholly owned company by Public Investment Fund (“PIF”), with participation from Global Ventures, Endeavor Catalyst, 500 Global, Sukna Venture, and […]
Early this month, we wrote about PayPal after the company said it would take $2,500 from your account if you spread misinformation. The payment giant later backed down after social media backlash saying the notice went “out in error” and will not […]
As the saying goes, “When you find yourself in a hole, you better stop digging.” Sadly for Mark Zuckerberg, founder and CEO of Meta, he’s doing quite the opposite. Late last year, Zuckerberg changed the corporate name from Facebook to Meta to reflect […]
Intel’s self-driving technology unit Mobileye finally made its debut on the Nasdaq stock exchange after many months of turbulence. Shares of Mobileye Global opened for trading at $26.71, after the company priced its initial public offering (IPO) at $21 late Tuesday. Its shares later jumped by […]
In just five years, the global video gaming industry has grown by over $100 billion from $120.4 billion in 2017 to $235.7 billion in 2022. The overall gaming industry could be worth $321 billion by 2026, a new PwC report shows. […]
The judgment day may be near for Twitter employees as Tesla CEO Elon Musk posted a video of himself carrying a bathroom sink with the message, “Entering Twitter HQ – let that sink in!” On Wednesday, Leslie Berland, Twitter’s Chief Marketing Officer […]
The era of a cashier-based store is slowly coming to an end. The idea of walking into a store and grabbing what you need without having to stand in line at the cashier is slowly making its way into stores in […]
While everyone is talking about the Crypto winter, ‘Crypto Ark’ Bybit continues to see growing interest and success from its zero-fees campaign launched back in September. Now, the world’s third most visited crypto exchange is planning to extend the initiative for another two […]
Tesla CEO Elon Musk said he’s committed to closing the $44 billion acquisition of Twitter on Friday, Reuters reported, citing sources familiar with the ongoing talks. According to the report, the world’s richest person notified co-investors who pitched in to fund the […]
The global demand for seafood has led to overfishing that threatens the world’s oceans and drives species like eels to extinction. As the global demand for seafood continues to rise, it will exacerbate the intensive aquaculture that is already disrupting oceanic […]
Alphabet’s Google reported a lackluster result on Tuesday during its third-quarter earnings call. It’s now clear that not even Google is immune from the ongoing Crypto winter. The tech giant misses on earnings as revenue growth dipped to 6%. The tech behemoth saw […]
The US Department of Justice (DOJ) today has charged 26-year-old Ukrainian national Mark Sokolovsky for his alleged role in an international cybercrime operation known as Raccoon Infostealer. The DOJ also charged Sokolovsky “with conspiracy to violate the Computer Fraud and Abuse Act, […]
Just last week, we reported that Twitter employees could be in for bad news after reports that Elon Musk was planning to lay off nearly 75 percent of Twitter’s 7,500 workers. Now, it appears their worst fear has been confirmed. Musk would […]
BitOasis, a Middle East-focused cryptocurrency exchange startup, has struck a deal with Mastercard to launch payment credit cards linked to cryptocurrencies, the two companies said in a joint statement Tuesday. The Dubai, United Arab Emirates-based BitOasis said the cards will enable its […]
Over the past decade, hackers and scammers have stolen over $12 billion in crypto assets. Unfortunately, the trend has accelerated rapidly in 2022. In the first nine months of this year, companies and investors have lost billions to cyber criminals […]
