Nickie Louise - Tech Startups

Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Malta: A Haven for Digital Nomads and Aspiring Entrepreneurs

Nickie Louise Posted On December 5, 2023

Businesses globally are acknowledging the fact that remote working has become rapidly mainstream, prompting many countries to cater to the growing tribe of digital nomads. Malta, at the forefront of this movement in Europe, has successfully adapted to this shift […]

4.7K Views

Cybersecurity / Hacking / Security / Startups / Tech Startup News / Tech Startups / Technology News

23andMe confirms hackers stole ancestry data of 6.9 million users

Nickie Louise Posted On December 5, 2023

Last month, we covered the story of 23andMe after hackers leaked 4 million more of its user records, including records of the “wealthiest people living in the US and Western Europe.” As we reported back then, 23andMe confirmed the incident […]

854 Views

Artificial Intelligence / Emerging Technology / Startup Funding / Startups / Tech Startup News / Tech Startups / Technology News

OpenAI rival Mistral AI nears $2 billion valuation with backing from Andreessen Horowitz, Nvidia, others

Nickie Louise Posted On December 4, 2023

Mistral AI, a generative AI startup co-founded by former researchers from Meta Platforms and Alphabet, is in the final stages of securing $487 million (roughly €450 million) in funding from notable investors, including Nvidia Corp. and Salesforce Inc., Bloomberg reported, […]

2.0K Views

BioTech / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Seismic Therapeutic raises $121 million in funding to accelerate immunology drug development using machine learning

Nickie Louise Posted On December 4, 2023

Research published on the NIH website reveals a daunting statistic: nine out of ten new drug candidates fail to navigate through clinical trials and gain regulatory approval. The findings further underscore the substantial challenges: a staggering 90% failure rate in […]

1.8K Views

Acquisition / Startups / Tech Startup News / Tech Startups / Technology News

Indian EdTech startup Doubtnut sold for $10M after rejecting $150M offer from Byju’s

Nickie Louise Posted On December 4, 2023

Doubtnut, an Indian EdTech startup that provides a mobile app to help students with solving math and science problems, has been acquired by Allen Career Institute for an undisclosed amount. This marks a stunning reversal of fortune for the once […]

1.7K Views

Layoff / Startups / Tech Startup News / Tech Startups / Technology News

Twilio to lay off 5% of its workforce in third round of job cuts as tech layoffs top 250,000

Nickie Louise Posted On December 4, 2023

Twilio is laying off about 5%, or 295, of its total workforce by the first quarter of 2024 in a strategic move toward achieving profitable growth. The news comes just ten months after the Cloud communications platform laid off 17% […]

848 Views

Blockchain / DeFi / Startup Funding / Startups / Tech Startup News / Tech Startups / Technology News

Jellyverse raises $2 million in seed funding to power DeFi 3.0

Nickie Louise Posted On December 4, 2023

While artificial intelligence (A)) continues to dominate the headlines, the decentralized finance (DeFi) space is steadily gaining momentum as investors pour millions into promising startups and projects. The latest players are Jelly Labs AG and Fintonomy LTD, the brains behind […]

1.1K Views

Featured / Layoff / Startups / Tech Startup News / Tech Startups / Technology News

Spotify to lay off 17% of its workforce in third round of job cuts

Nickie Louise Posted On December 4, 2023

Spotify announced on Monday it will lay off 17% of its workforce, or about 1,500 employees, to bring down costs. The latest round of job cuts comes after the music-streaming giant laid off 600 of its staff in January, and […]

1.2K Views

Bitcoin / Cryptocurrency / NFT / Startups / Tech Startup News / Tech Startups / Technology News

Decoding Magic Labs’ Latest Guide to Choosing the Right Wallet-as-a-Service (WaaS)

Nickie Louise Posted On December 3, 2023

Navigating the intricate landscape of the ever-evolving Web3 arena necessitates a high degree of strategic decision-making, especially when it comes to selecting the right Wallet-as-a-Service (WaaS) provider. In this regard, Magic Labs, a pioneer within the WaaS landscape, recently released […]

2.1K Views

Featured / Layoff / Startups / Tech Startup News / Tech Startups / Technology News

Zepz, a $5 billion fintech unicorn startup and owner of WorldRemit, cuts more staff in another round of layoffs

Nickie Louise Posted On December 1, 2023

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 […]

1.4K Views

Launch / Startups / Tech Startup News / Tech Startups / Technology News

Horizen EON partners with Ascent Exchange to boost DeFi ecosystem on EON with integration of simple liquidity opportunities

Nickie Louise Posted On November 30, 2023

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 […]

1.5K Views

Apps / Startups / Tech Startup News / Tech Startups / Technology News

Your inactive Gmail account may be permanently deleted as early as Friday, December 1

Nickie Louise Posted On November 30, 2023

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 […]

951 Views

Artificial Intelligence / Emerging Technology / Startup Funding / Startups / Tech Startup News / Tech Startups / Technology News

Microsoft to invest $3.2 billion in the UK to accelerate AI growth

Nickie Louise Posted On November 30, 2023

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 […]

884 Views

E-Commerce / Featured / FoodTech / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

E-commerce startup Zubale raises $25M in funding to fuel expansion in Brazil and Mexico

Nickie Louise Posted On November 30, 2023

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 […]

2.9K Views

Featured / FinTech / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Visa backs €8.5m investment in Finland-based FinTech startup Enfuce to accelerate growth

Nickie Louise Posted On November 30, 2023

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 […]

939 Views

NFT / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News / Web3

Binance Labs invests $3.15M in Open Campus to revolutionize Web3 education

Nickie Louise Posted On November 29, 2023

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 […]

2.1K Views

FinTech / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Apple to end its credit card partnership with Goldman Sachs, just four years after launch

Nickie Louise Posted On November 29, 2023

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, […]

1.2K Views

Cybersecurity / Featured / Hacking / Security / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Okta says hackers stole data for all customer support users in major cyber breach

Nickie Louise Posted On November 29, 2023

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 […]

1.4K Views

IPO / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Shein files for U.S. IPO as it gears up for global fashion domination

Nickie Louise Posted On November 28, 2023

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 […]

879 Views

Acquisition / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

UK regulator halts Adobe’s $20 billion acquisition of online design startup Figma

Nickie Louise Posted On November 28, 2023

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 […]

953 Views