After several months of eluding law enforcement, Su Zhu, co-founder of the now-defunct crypto hedge fund Three Arrows Capital (3AC), has been apprehended by authorities. The liquidators overseeing the collapsed crypto hedge fund recently announced that Su Zhu was arrested […]
It’s exactly three months since we last covered Flare Network, a Layer 1 Oracle network that gives developers access to the broadest range of decentralized data at scale. Back then, Flare announced it was teaming up with aiPX to launch […]
Fortnite maker Epic Games is laying off about 830 employees, 16 percent of its total workforce, the company announced Thursday. In addition to the layoff, the company also said it is selling its music platform Bandcamp and spinning off its […]
On May 4, Microsoft released its GPT4-powered Bing Chat to the general public with great fanfare. However, it didn’t take long for malicious advertisements to infiltrate the AI-driven Bing Chat responses. These rogue ads promoted counterfeit download sites that distributed […]
The excitement over AI which started with the sudden success of ChatGPT is still growing strong. AI startups continue to attract billions of dollars in funding from eager investors seeking to capitalize on the latest AI advancements, and over the […]
Snap’s venture into the realm of Augmented Reality (AR) for Enterprise Services has turned out to be short-lived, resembling a fleeting moment much like the company’s vanishing messaging app launched over a decade ago. Snap, the maker of the photo […]
Investors are showing no signs of slowing down as they continue to inject billions of dollars into artificial intelligence (AI) startups as the AI race heats up. Just a few days ago, we covered the news about Amazon’s substantial move, […]
The moment many ChatGPT users have been waiting for has finally arrived. OpenAI said on Wednesday that ChatGPT users will now be able to browse the internet and search the web for current information taken directly from “current and authoritative” […]
Despite a massive loss of $13.7 billion in 2022 and a public shift and interest in artificial intelligence, Meta founder and CEO Mark Zuckerberg said the social giant remains committed to the metaverse and isn’t giving up on the metaverse […]
Gringo, a Brazilian startup that offers a super app tailored for both car drivers and motorcycle owners, has secured $30 million in Series C funding to facilitate the expansion of its automotive credit and insurance product offerings and the introduction […]
Shopify announced today that it’s making a strategic investment in wholesale platform Faire. The move comes as the e-commerce giant seeks to offer more Business-to-Business (B2B) tools to its merchants. The financial details of the transaction, including the investment amount […]
OpenAI is in talks with potential investors regarding a prospective stock offering, a move that could place the creator of ChatGPT at an estimated valuation range of $80 billion to $90 billion. The new valuation marks a threefold increase from […]
Amazon finds itself entangled in a legal battle as U.S. regulators, along with 17 states, filed a landmark antitrust lawsuit against the retail giant after a four-year investigation. On Tuesday, the U.S. Federal Trade Commission (FTC) took a significant step […]
Tquila Automation, a startup that offers intelligent automation solutions for the healthcare sector, has closed $20 million in Series A funding. Leading this round is Delta-v Capital, with participation from Tquila Automation and Momentum Partners. In conjunction with this funding […]
Managing the complexity of financial operations, which include functions such as payments, global payroll and HR management, and treasury management, often presents a formidable challenge for businesses. This complexity is magnified when businesses are required to integrate with external third-party […]
In August, Web3 entertainment powerhouse WAGMI Games made headlines after announcing a partnership with the largest NFT marketplace OpenSea as part of the collaboration to support innovative mints that usher in an era of innovative possibilities in the world of […]
Israeli high-tech companies raised a total of $1.7 billion in the third quarter of this year, according to the preliminary data shared on Tuesday by the IVC Research Center and LeumiTech. This substantial investment is a clear indicator that investment […]
Web3 infrastructure provider Particle Network has hit a major milestone following the rollout of Wallet-as-a-Service (WaaS) V2. Since V2’s announcement, the number of wallet activations has surpassed 15 million, a record that has been achieved within just 12 months of […]
Despite the recent downtrend in the cryptocurrency market, crypto hackers and malicious actors continue to target cryptocurrency exchanges around the globe. The most recent victim of cyberattackers is Mixin, a Hong Kong-based cryptocurrency exchange. Today, Mixin announced on X (formerly […]
Elon Musk’s SpaceX-owned internet venture, Starlink, has achieved a significant milestone, surpassing 2 million active users in over 60 countries across all seven continents. What’s so remarkable about this achievement is that, in just four months, Starlink grew from 500,000 […]