Zepz, a unicorn fintech startup that owns WorldRemit, announced a new round of layoffs affecting 30 employees in its people and marketing functions, according to an exclusive report from CNBC. The startup, valued at $5 billion and backed by major […]
Horizen EON is boosting its DeFi game by teaming up with Ascent Exchange and integrating ICHI Vault for simpler yield opportunities. The partnership aims to level up the Horizen EON platform’s capabilities in the decentralized finance (DeFi) space, bringing innovation […]
Do you have an inactive Gmail account? It’s time to take action now. If not, your inactive Gmail account could face permanent deletion as early as Friday, December 1. The move is part of Google’s new security policy, targeting accounts […]
Microsoft is planning to invest a whopping 2.5 billion pounds (about $3.2 billion) in the United Kingdom over the next three years, making it Microsoft’s largest investment in the country to date. The funds will be directed towards boosting advancements […]
Zubale, an emerging e-commerce startup, has raised $25 million in funding to drive its expansion efforts in Brazil and Mexico. The latest investment, which follows last year’s $40 million Series A round, was backed by QED Investors and NFX. Zubale […]
People in North America collectively spend over $3 trillion each year using credit cards. The trend is mirrored in Europe, where the value of payment card transactions in the Euro area hit nearly 1.82 trillion euros in 2018. Financial institutions […]
Web3 has been in the spotlight for its potential to revolutionize the internet in recent years. Its decentralized approach comes with immense benefits, particularly the ability to reshape the education landscape by democratizing access, enhancing personalization, promoting lifelong learning, empowering […]
In a surprise move, Apple said it is ending its credit card partnership with Goldman Sachs, dealing a significant blow to the Wall Street bank’s foray into consumer lending, the Wall Street Journal reported on Tuesday. According to the report, […]
After two months, more details are emerging about the Okta data breach. On Tuesday, Okta disclosed that hackers had compromised information for all users of its customer support system during a network breach that took place in September. The San […]
Shein has reportedly filed confidential paperwork with U.S. regulators to go public in the United States. The Chinese-founded fast-fashion giant, known for its affordable and trendy offerings, has recently been valued at $64 billion. However, it is rumored to be […]
In September 2022, Adobe made headlines with its $20 billion agreement to acquire the online design startup Figma. However, more than a year later, the deal is facing uncertainty due to a significant setback triggered by concerns raised by the […]
Chinese payments giant Alipay is planning to sell its 3.4% stake in the Indian food delivery giant, Zomato, for nearly $400 million through block deals on Indian stock exchanges, according to an exclusive report from Reuters, citing three sources familiar […]
Cradle, a Netherlands-based biotech startup, has raised $24 million in a Series A funding round, the company announced on Tuesday. Cradle uses generative AI to assist scientists in the design and engineering of proteins, aiming to significantly hasten biotech research […]
Just two years ago, nonfungible tokens (NFTs) saw a massive surge in popularity, with prices soaring through the roof. Since then, the market has seen some decline as the AI craze took some of the spotlight away. Despite this, the […]
Dutch regulators have given the green light to the acquisition of chip startup Nowi by the Chinese-owned company Nexperia. The Netherlands government announced on Monday that, following an assessment, it will not obstruct the acquisition of Delft-based startup Nowi by […]
Lilium, a German flying taxi startup, has received approval from the European Union for its electric jets. The company announced on Monday that it has been granted “Design Organization Approval” by the European Union Aviation Safety Agency, allowing it to […]
Realme said today that it has shipped over 200 million phones since it was founded a little over five years ago, with most of them outside China. Recent data indicates that Realme ranks as the fifth fastest smartphone maker to […]
In the complex world of futures trading where decisions are made in the blink of an eye, integrating fundamental and technical analysis has become a strategic imperative. Striking the right balance between these two analytical approaches is a prudent way […]
Binance, the world’s largest cryptocurrency exchange, is facing a mass exodus of customers following a guilty plea by the company’s founder and former CEO Changpeng Zhao (CZ), Zhao. The fallout started after crypto investors pulled out about $956 million from […]
After nearly a week of drama, the OpenAI board has changed its decision and brought back Sam Altman as the CEO, the AI startup said in a post early Wednesday morning on X, formerly known as Twitter. The decision comes after […]