Mohit Gupta, the co-founder of an Indian food delivery startup Zomato has resigned after about five years at the restaurant aggregator and food ordering and delivery platform, the company said on Friday. The announcement comes three months after Nitin Savara stepped down […]
On 12 November, the Bahamas Securities Commission (SCB) issued an order for FTX Digital Markets (FDM) to transfer the contents of its crypto wallets to a government-controlled wallet. A little over a week later, the Bahamas regulator announced it now has […]
Let’s face it, the US mainstream media hate Elon Musk. They’ve been going after him since he became the CEO of Tesla in 2008. Elon Musk even lashed out at the media’s ‘relentless hatestream’ of bad reporting back in February. “The holier-than-thou […]
Just a few days after firing dozens of employees who criticized him in tweets and internal messages, Elon Musk gave Twitter employees a deadline to say if they are committed to his cultural reset to build a breakthrough Twitter 2.0. In an […]
Early this year, we covered Cider Security after the Israeli cybersecurity startup emerged from stealth with $32 million in funding to bring the world’s first AppSec operating system to market and revolutionize continuous security for continuous integration and continuous deployment (CI/CD). Fast […]
Arkon Energy, a Sydney-based startup and provider of 100% renewable data center infrastructure, has raised $28 million in funding led by quantitative investment manager and digital assets market maker, Blue Sky Capital. In conjunction with the funding, the startup also […]
PTC, a Boston-based company that provides Internet of things (IoT), augmented reality (AR), and collaboration software, announced Thursday it has agreed to buy cloud provider company ServiceMax for $1.46 billion in cash. The transaction will be funded in two stages, with $808 million paid […]
Digital Virgo said Thursday that it is going public through a merger with a blank-check company Goal Acquisitions Corp in a deal that values the French mobile payments platform at $513 million. Goal Acquisitions Corp is a blank-check company founded by high-profile […]
Back in September, crypto exchange giant FTX acquired bankrupt Voyager’s assets for $1.42 billion. But with FTX now bankrupt following the drama of last week, Binance is preparing to relaunch a bid to buy the embattled Voyager Digital, CoinDesk reported, citing sources familiar […]
The collapse of the now-bankrupt crypto exchange continues to roil the industry. In less than 24 hours, four crypto companies including BlockFi, Gemini, SALT, and Genesis have announced new restrictions on withdrawals for their customers. Winklevoss brothers’ Gemini crypto exchange […]
At a time when some companies still focus on profit, major corporations including Google, Microsoft, and Coca-Cola have realized they must act in a manner that benefits not just their bottom line and also society at large. Some of these corporations […]
Surf Air Mobility is a Hawthorne-based electric aviation startup that is looking to transform travel by building a regional air travel ecosystem that sustainably connects the world’s communities via its zero-emission flying. The startup is aiming to reinvent flying through the power […]
The contagion of FTX collapse is slowly spreading across the crypto industry. Last week, crypto lender BlockFi suspended withdrawals as fear of insolvency and liquidity crunch spreads across crypto markets. Then yesterday, crypto lending platform SALT announced it was pausing all withdrawals […]
Less than a week after BlockFi suspended withdrawals for thousands of its customers, the beleaguered crypto lender is now preparing for potential bankruptcy following the collapse of the crypto exchange FTX, the Wall Street Journal reported Tuesday. BlockFi is the […]
Bishop Fox, a Phoenix-based startup and an emerging offensive security player, has closed its Series B round totaling $129 million led by WestCap. The Series B extension consists of $46 million from lead investor WestCap with additional participation from NextEquity and Rockpool Capital. The latest […]
The economic recession that started in the United States early this year is beginning to spread to the Asian market. Ecommerce giant Shopee, also known as the Amazon of Asia, becomes the latest tech company to announce a new round of layoffs. […]
Opn, a Japanese unicorn startup and digital payments processor, has acquired Alpharetta, Georgia-based tech startup MerchantE from U.S. investment firm Integrum Holdings to make inroads into the U.S. online payment market. The total amount of the transaction was not disclosed, but a […]
In this time of social and global division, London, England-based mobile gaming startup Landmark Games believes adventures can bring us closer together and great social experiences through its social gameplay playable only on smartphones. Landmark was launched just a year ago by the […]
On July 7, 2021, Jeff Bezos stepped down as Amazon’s CEO, the company he founded in a home garage in 1994. Following the announcement, Bezos said he planned to spend the rest of his time on passion projects like his space company […]
A conglomerate of the industry’s leading companies and influencers have teamed up for the inaugural GAM3 Awards, which aim to become the Grammys for web3 gaming. The event, hosted by Polkastarter Gaming on December 15, will recognize this year’s best […]