Jack Ma, the billionaire co-founder of Alibaba who vanished from the public eye in 2020, has recently accepted a teaching position in Japan. This marks one of the first public positions he has undertaken since his abrupt disappearance from the […]
Good evening! Below are some of the top tech startup news stories for Monday, May 1, 2023. Berlin-based e-scooter operator TIER Mobility is in merger and acquisition talks Berlin-based e-scooter operator TIER Mobility is reported in talks for a potential […]
For over a century, obtaining a four-year college degree has been hailed as an effective means of achieving the American dream. However, the rising cost of tuition has now exceeded the average household income. This has resulted in students acquiring […]
Prior to Elon Musk’s acquisition of Twitter in a $44 billion deal in late 2022 and “blue check mark chaos,” several attempts had already been made to create alternative platforms. But in the span of just three years, the number […]
Turkish delivery app startup Getir is in talks to take over money-losing German rival Flink, the Financial Times reported on Monday. The move comes as consolidation continues to gain momentum in one of Europe’s food delivery sector most thriving sectors […]
With the ever-growing application and implementation of digital technologies in almost every industry in the world, the financial industry, being an important player in the running of every other industry is always at the forefront of adopting innovations in digital […]
Findora, a decentralized financial network designed to enable secure and confidential financial transactions, today announced the launch of the Findora Triple Masking SDK, a universal privacy-preserving solution set for Web3. The Findora Triple Masking SDK offers developers an easy means […]
A US federal judge has ordered the executive of a South African forex firm to pay more than $3.4 billion in fines and restitution for a bitcoin fraud scheme that the U.S. commodities regulator said was its largest-ever fraud case […]
Good evening! Below are some of the top tech startup news stories for Thursday, April 27, 2023. Intel posts biggest quarterly loss in company history as PC sales drop and chip wars intensify Is the Intel era coming to […]
SPAC is back! After many months of a massive slowdown in SPAC activity slowdown, it appears the space is slowly regaining its footing. Today, Bethesda, Maryland-based iLearningEngines announced it has agreed to public via a merger with blank check company […]
With the popularity of ChatGPT on the rise, Snapchat this week launched its own AI chatbot that is powered by OpenAI’s GPT technology, the same technology that is being integrated into Microsoft’s Bing search engine. However, the launch was met with […]
Cloud storage provider Dropbox becomes the latest tech company to let go of its employees. The San Francisco, California-based Dropbox announced today its plans to reduce its global workforce by 16% as part of the cut-cutting measures caused by slowing […]
Italian climate startup Energy Dome has secured €40 million (~$44M) in Series B funding, co-led by Eni Next, the venture capital arm of Italian energy company Eni, and Neva SGR, a venture capital firm owned by European banking group Intesa […]
Axoni, a New York-based fintech startup at the forefront of building the next generation of capital markets technology, has raised $20 million in equity financing led by EJF Ventures, with participation from Laurion Capital, Communitas Capital, and existing investors. The […]
San Francisco-based First Republic Bank is expected to be seized by the US government, according to a report by Fox Business’ Charles Gasparino, citing sources from the bank. The sources told Fox that they believe that the distressed bank will eventually […]
One of the challenges facing frontline teams is the inability to quickly and easily communicate. Today, software is the driving force behind the majority of the workforce except for 55 million frontline team members who either lack access to communication […]
Britain’s antitrust regulator announced on Wednesday that it would block Microsoft’s attempt to acquire the creator of “Call of Duty” Activision Blizzard for $69 billion, citing concerns about potential competition constraints in cloud gaming. The move dealt a surprise blow […]
Good evening! Below are some of the top tech startup news stories for Tuesday, April 25, 2023. RapidAPI, an Israeli tech startup valued at $1 billion a year ago, is laying off 50% of its workforce Rapid API, a […]
Last week, crypto exchange Coinbase said it may leave the US market if the regulatory uncertainty surrounding digital currencies continues. CEO Brian Armstrong told the audience at Fintech Week in London. The exchange has been in a legal tussle with the […]
Last summer, we wrote about Pinduoduo after China’s discount e-commerce giant announced the launch of a new U.S. shopping site called Temu as part of its push to make inroads into the overseas market and challenge Amazon. Temu is a cross-border […]