After several months of drought, special purpose acquisition company (SPAC) deals appear to be gaining momentum once again. So far this year, SPAC deals account for 82 out of the 107 US initial public offerings (IPOs), according to data from the SPAC analytics […]
J.P. Morgan has quietly rolled out an online real estate management platform that let property owners, landlords, and managers automate the invoicing and receipt of online rent payments. Called Story, the all-in-one platform helps to make payments stress-free for property owners […]
Before changing its name to Meta, Facebook is probably the most hated company in the world. In a just few months, the once $1 trillion social giant has seen its market value crash to just $246 billion. “Facebook’s monopoly is […]
In just eight decades, closed-circuit television (CCTV) has grown in popularity as homes, businesses and organizations use the video surveillance system to help record images and videos of their critical assets. The CCTV camera works by monitoring, recording video images, and transmitting them […]
Less than a week after billionaire Elon Musk completed the $44 billion acquisition, Twitter is planning to lay off 25% of its workforce of 7,500 employees in the first round of job cuts, the Washington Post reported on Monday, citing a person familiar […]
Remember late last year when a Japanese drone startup unveiled a hoverbike that can fly above public roads? Now, a Chinese tech startup XPeng is aiming to take flying cars to another level. During its TechDay demo earlier this week, XPeng […]
13 years ago, Rent the Runway CEO Jennifer Hyman and her co-founder Jenny Fleiss pioneered “closet in the cloud,” an idea that women can rent designer apparel and accessories without having to buy them outright. The duo later launched a fashion rental […]
Just in time for Halloween, the world’s largest crypto exchange Binance has launched a series of educational resources that aims to demystify the world of Web3 and take the creepy out of crypto by making it one less thing to be frightened […]
Minutes after completing the $44 billion Twitter acquisition, Elon Musk began his Twitter ownership with the firings of four top Twitter executives. The first to be fired was former CEO Parag Agrawal. Musk also fired Ned Segal, the chief financial officer, Sean […]
Google has acquired Alter, an AI avatar startup and the maker of the app that lets people create their own virtual avatars. The transaction was completed about two months ago but the news of the acquisition first became public. A Google spokesperson confirmed […]
While many tech pundits have predicted the early death of non-fungible tokens (NFTs), it appears the NFT craze is not going away anytime soon. Instead, NFT adoption has accelerated despite the ongoing economic slowdown and crypto winter. In a clear sign that […]
Classera, the largest EdTech in the Middle East and North Africa(MENA), has raised $40 million in series A funding led by Sanabil Investments, wholly owned company by Public Investment Fund (“PIF”), with participation from Global Ventures, Endeavor Catalyst, 500 Global, Sukna Venture, and […]
Intel’s self-driving technology unit Mobileye finally made its debut on the Nasdaq stock exchange after many months of turbulence. Shares of Mobileye Global opened for trading at $26.71, after the company priced its initial public offering (IPO) at $21 late Tuesday. Its shares later jumped by […]
The judgment day may be near for Twitter employees as Tesla CEO Elon Musk posted a video of himself carrying a bathroom sink with the message, “Entering Twitter HQ – let that sink in!” On Wednesday, Leslie Berland, Twitter’s Chief Marketing Officer […]
The era of a cashier-based store is slowly coming to an end. The idea of walking into a store and grabbing what you need without having to stand in line at the cashier is slowly making its way into stores in […]
Tesla CEO Elon Musk said he’s committed to closing the $44 billion acquisition of Twitter on Friday, Reuters reported, citing sources familiar with the ongoing talks. According to the report, the world’s richest person notified co-investors who pitched in to fund the […]
The global demand for seafood has led to overfishing that threatens the world’s oceans and drives species like eels to extinction. As the global demand for seafood continues to rise, it will exacerbate the intensive aquaculture that is already disrupting oceanic […]
Alphabet’s Google reported a lackluster result on Tuesday during its third-quarter earnings call. It’s now clear that not even Google is immune from the ongoing Crypto winter. The tech giant misses on earnings as revenue growth dipped to 6%. The tech behemoth saw […]
BitOasis, a Middle East-focused cryptocurrency exchange startup, has struck a deal with Mastercard to launch payment credit cards linked to cryptocurrencies, the two companies said in a joint statement Tuesday. The Dubai, United Arab Emirates-based BitOasis said the cards will enable its […]
Over the past decade, hackers and scammers have stolen over $12 billion in crypto assets. Unfortunately, the trend has accelerated rapidly in 2022. In the first nine months of this year, companies and investors have lost billions to cyber criminals […]