Tesla CEO Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share after his legal team sensed the judge would not rule in their favor and potentially avoid avoiding a courtroom fight, Bloomberg reported, citing sources […]
Last Friday, Alphabet’s Google shut down its streaming service Stadia 3 years after its launch for failure to gain traction from gamers. Although the tech giant has maintained its global dominance in the search engine space, Google continues to struggle […]
We covered 1inch back in August after the DeFi tech startup joined forces with KuCoin Wallet to launch its native swap feature. 1inch is a distributed network for decentralized protocols on Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum, Fantom, and Gnosis […]
While the past few years have been something of a rough ride for business owners, it doesn’t look as though 2023 is going to offer much of a reprieve. In fact, a growing number of experts are anticipating a global […]
Crypto fraud is on the rise and there is no sign of slowing down. Crypto scams were 60 times more reported in 2021 than in 2018. According to blockchain analytics firm Chainalysis, illicit addresses received over $14 billion in cryptocurrency […]
South Korean internet giant Naver Corp has agreed to acquire the popular online fashion marketplace Poshmark in a deal valued at $1.2 billion. Poshmark is a popular secondhand retailer and the largest fashion consumer-to-consumer platform in North America. Popular among Millennial and […]
In August, we covered Prosus after the Amsterdam-based Prosus made its biggest-ever bet in the Indian tech space with a $4.7 billion acquisition of payments fintech startup BillDesk, making it one of the biggest players in the country’s fast-growing fintech […]
In the weeks leading up to Celsius Network’s Chapter 11 bankruptcy protection filing, Celsius founder and former CEO Alex Mashinsky withdrew $10 million, according to a report from The Financial Times (FT), citing sources familiar with the matter. The revelation comes just […]
Cyberattacks are on the rise across all industries. And while hacking methods have evolved over the years, cybersecurity experts found that hackers continue to exploit browser vulnerabilities and leverage some of their most tried-and-true tactics— phishing and ransomware, among others. Browser exploits […]
On November 29, 2021, Twitter co-founder Jack Dorsey stepped down from his role as chief executive officer of Twitter after 16 years with the company. Jack also confirmed in a tweet that he resigned from the company. “Not sure anyone has heard […]
Every year, Americans consume over 8.6 billion gallons of bottled water, according to data from NIH. The research further showed that only one in five plastic bottles are recycled. Unfortunately, plastic waste is not just limited to the United States. […]
Last week, we wrote about Beyond Meat COO Doug Ramsey after he was arrested for reportedly biting a man’s nose after an Arkansas college football game. A new trend is beginning to emerge among tech executives in recent months. Now, […]
Google launched its Stadia streaming service with much fanfare in 2019. Three years after spending millions of dollars to compete with Amazon and Microsoft, the tech giant is throwing the towel and shutting down the service due to its failure […]
For over two decades, most unicorn startups looking to make their debut on Wall Street chose to sell new shares through an initial public offering or IPO. With the availability of other options, IPOs are no longer the only viable way […]
Every day, we read news stories of Silicon Valley startups developing new innovative technologies and raising billions of dollars from high-profile investors and venture capital firms. However, while these startups may have the lion’s share of the headlines, the true […]
For some reason, we’re late to the latest development at bankrupt crypto lender Celsius Network. Apparently, Celsius co-founder and CEO Alex Mashinsky submitted his letter of resignation Tuesday, two months after the crypto company filed for Chapter 11 bankruptcy protection. Celsius said that Mashinsky’s […]
In early August, Japanese giant SoftBank reported its biggest loss ever, posted a $23.4 billion in quarterly loss as the global market sell-off spread to tech stocks and shredded valuations at its Vision Fund unit. Following a huge loss on his tech bets, SoftBank […]
Just three years ago, we wrote about Lilium Air Mobility after the German air taxi developer unveiled a plan to introduce unmanned flying taxis by the year 2025. Now, it appears the company may be ahead of schedule. Today, Lilium announced […]
On September 15, Adobe agreed to buy online design startup Figma for $20 billion. Fast forward two weeks ago later, investors and venture capital firms are now pouring millions into open-source challenger Penpot, a collaborative design and prototyping platform developed by […]
Italy’s mobile app payments startup Satispay becomes the newest to attain highly unicorn status after closing 320 million euros in a new round of investments, pushing the company’s valuation to over 1 billion euros ($955 million). The Series D round, which […]