Amidst growing economic uncertainty, T-Mobile announced on Thursday its plans to reduce its workforce by 7%, resulting in the elimination of approximately 5,000 jobs. This announcement is yet another indication that the US economy is entering a phase of slowdown. In […]
Finding the right talent has been a recent challenge, but the struggle to hire the right talent has been going on for a lot longer. A critical aspect of hiring is the reference check process, which has unfortunately devolved into […]
AI startup Hugging Face announced on Thursday it has raised $235 million in Series D funding to ramp up its hiring efforts and further enhance its platform, which enables the machine learning community to collaborate on AI models, datasets, and applications. […]
South Korean internet giant Naver Corp on Thursday unveiled its own generative artificial intelligence tool called HyperCLOVA X. Similar to OpenAI’s ChatGPT and based on the company’s large language model (LLM), the Korean language chatbot can have conversations and summarize […]
In today’s rapidly evolving blockchain landscape, it is becoming increasingly difficult to find a platform where users can safely explore Web3 and decentralized applications (DApps). This makes it tougher to figure out what’s truly valuable amid the constant influx of […]
With global warming continuing at an alarming rate, addressing the urgent need to reduce carbon in the atmosphere has become a paramount concern for governments and institutions worldwide. In response, a growing array of technology startups has emerged, each committed […]
Despite the ongoing slowdown in the global economy, there’s a noticeable uptick in merger and acquisition activity. The latest player in this trend is the technology-focused private equity firm Thoma Bravo. In an announcement on Wednesday, the firm revealed the […]
Seeking to create a cohesive financial ecosystem and connect Decentralized Finance (DeFi), Centralized Finance (CeFi), and Traditional Finance (TradFi), the distributed stablecoin project Hope.money today unveiled a three-phase project roadmap. The new roadmap is designed to bridge the gaps among […]
Arm, a SoftBank-owned chip designer, has formally filed its paperwork for an initial public offering with the Securities and Exchange Commission (SEC) on Monday for a listing on the Nasdaq exchange. The filling places Arm on track to become publicly […]
In just 48 days after its launch, many of Meta’s most active users have abandoned the Threads platform once hyped by mainstream media and major news outlets as a potential “Twitter Killer.” In a bid to stem the loss of […]
World Mobile, a decentralized wireless network operator, today announced it has partnered with SingularityNET to introduce blockchain-based loans to its customer base. This partnership involves integrating SingularityNET’s AI technology into World Mobile’s blockchain-powered mobile network. The strategic collaboration will involve […]
Northvolt, the Swedish lithium-ion battery startup founded by a former Tesla executive, has raised a massive $1.2 billion in funding to construct new manufacturing facilities in Europe and North America, the company announced Tuesday. The round was led by BlackRock, […]
Dubai, Date. Artfi, an art technology company, is a leading innovator on a mission to democratize the $1.7 trillion fine art market and is thrilled to announce the addition of Francis Gurry to its advisory board. With his distinguished career […]
Tesla is undoubtedly the most popular electric vehicle maker in the world. The company is known for its commitment to safety and engineering excellence. The Tesla Model X, the luxury version, is the very first SUV ever to achieve a […]
Meta Threads, once hyped by the mainstream media and major news outlets as “Twitter Killer,” has finally crashed to Earth. In just three weeks after its launch, Threads engagement and daily active users plunged to 13 million, a drop of around 70%, according […]
Adyen was once named one of the top 200 global fintech companies globally, according to Statista. Now Europe’s fintech darling is facing the fight of its life. In 2018, Dutch payments startup Adyen made its debut on the Amsterdam stock […]
Crowdfunding is one of the most efficient ways for investors to participate directly in early-stage startups, even with as little capital as $100 in some instances. According to the latest statistics, the global crowdfunding market was valued at $1.41 billion […]
In what many are calling the absolute worst idea yet, Elon Musk announced today that X (formerly Twitter) is going to be removing the Block feature from the social platform Responding to a question about if “there ever a reason […]
Microsoft Xbox 360’s online store has had a great run. But all good things must come to an end. Microsoft announced on Thursday that it would pull the plug on its online store and marketplace for the Xbox 360 next year. This […]
In just a matter of months, artificial intelligence (AI) has become a mainstream and global phenomenon, largely propelled by the rapid success of OpenAI’s ChatGPT. No day goes by without a headline on AI. The recent surge in AI popularity […]