The US military has shot down the alleged Chinese surveillance balloon over the Atlantic Ocean off the Eastern Seaboard of the United States at the order of President Joe Biden, a US official said Saturday. On Saturday, President Joe Biden […]
Good evening and happy Friday! Below are some of the top tech startup news stories for today, Friday, February 3, 2023. Voyager Space raises $80M as it partners with Airbus to develop future Starlab Space Station for NASA Voyager Space, […]
After almost five years of legal, a jury on Friday found Elon Musk and his company, Tesla CEO not liable in a securities fraud trial following ‘funding secured’ tweets. In a decisive win for the billionaire, the jury said Musk […]
Despite having the largest quarterly revenue decline since 2016, Apple still managed to amass more than 935 million paid subscriptions worldwide across its service business including Apple TV+, Apple Music, and more. It was the largest number ever recorded by […]
A study conducted by Consumer Financial Protection Bureau found that nearly 50 million Americans lack a credit score and have no history with national credit reporting agencies. This problem disproportionately impacts those newly arrived in the country and the emerging […]
After raising $27.7 million in Series A funding about a year ago from investors including a Warby Parker co-founder, the Columbus, Ohio-based Triple Whale has added another $25 million to grow its Shopify data platform, bringing its fundraising tally to […]
Purdue University innovators who create new processes and products need capital, among other resources, to bring their ideas to reality. A Purdue fund is making financial support available to help them further develop their work. Researchers from the College of […]
In the 1980s and 90s, little Black girls growing up in places like Memphis, Tennessee, where Jiljuana J. Coleman grew up, dreamed different dreams than they do today. The idea of owning a company and traveling the world wasn’t top […]
ChatGPT is currently dominating the headlines as the dialogue-based AI chatbot impressed millions of users with its writing ability, proficiency in handling complex tasks, and ease of use. But before the popularity of ChatGPT, users including sales teams have been […]
Zopa, a UK-based digital banking startup that started as a peer-to-peer lender, has raised 75 million pounds ($92.40 million) as the company pivots to becoming a digital bank. The round was backed by existing investors excluding major backer Softbank. In […]
Good evening! Below are some of the top tech startup news stories for today, Wednesday, February 1, 2023. Tinder parent company to lay off 8% of its staff as growth slows Match Group announced on Wednesday that it is laying […]
ChatGPT took the internet by storm late last year as the dialogue-based AI chatbot crossed one million users just five days after its launch. Now ChatGPT creator OpenAI announced on Wednesday it is launching ChatGPT Plus, a $20 per month […]
While tech startups in the United States and Europe are still struggling to raise new funding due to the ongoing economic slowdown, fintech startups in the Middle East and North Africa (MENA) region continue to thrive as they empower and […]
AppDirect, a San Francisco-based subscription commerce platform for monetizing and managing digital customer relationships, announced today it has acquired TBI, one of the leading technology service aggregators in North America. The total amount of the deal was not disclosed. Uniting […]
Climate change is one of the biggest challenges of our times. According to various estimates, losses due to weather-related events have increased nearly ten-fold over the last four decades, from a ten-year global average of $12 billion in 1980 to […]
Michigan-based battery startup Our Next Energy (ONE) has raised $300 million in Series B funding. The latest round now puts the company at a valuation of $1.2 billion, making the three-year-old startup a member of the highly-coveted unicorn club. The […]
OpenAI, the creator of the popular chatbot ChatGTP, has released a free tool that the AI company says is meant to “distinguish between text written by a human and text written by AIs.” However, OpenAI also warned that the tool […]
PayPal announced Tuesday that it will be eliminating 7% of its workforce or 2,000 employees as tech layoffs mount. The payments giant becomes the latest in a list of fintech firms to be hit by the global economic slowdown. PayPal […]
The slowdown in venture capital investments over the past years has forced some startups to turn to private credit, including debt capital, as a way to keep their operations afloat and weather the recession storm. Today, private credit is a […]
Steel is the backbone of today’s industrialized world. An average of 1.9 billion tonnes of steel are produced every year to build infrastructure including bridges and rails, skyscrapers, and infrastructure. The steel industry also brings in a revenue of about […]