Two years ago, BlackRock chairman and CEO Larry Fink wrote in his influential annual letter to CEOs that the company will not invest in companies that are not committed to climate change and social purposes. Fink reiterated the similar message in his […]
While everyone is talking about the crypto bear market, Crypto.com continues to position itself for the future inking registration approvals from regulatory authorities from Italy, Singapore, and now the United Kingdom. Today, Crypto.com announced it has received regulatory approval from […]
Quick Take • 1 in 10 laid-off workers plan to start their own business instead of returning to the workforce as an employee • 50% say they will fund their new company with a small business loan • Instead of […]
Remember WeWork, the embattled co-working giant that lost billions of investors’ money after raising a staggering $12.8 billion in funding over 14 rounds? In 2019, WeWork fired its CEO Adam Neumann, canceled its IPO, and laid off a quarter of its 12,500 employees. But […]
Global spending on workplace learning and development, also known as human capital development and upskilling is estimated to be around $360 billion, according to data from Statista. One of the major challenges facing most organizations today is connecting employees to […]
While almost all cryptocurrencies and tokens struggling to climb back to their all-time highs due to the crypto bear market, one token has managed to defy all odds and rallied more than 200% at its peak in less than 24 […]
According to The Journal, With millions of consumers cutting the cord on cable and satellite TV, YouTube thinks it’s time to jump into the already crowded streaming market to capture a piece of the market. The Wall Street Journal reported on […]
In July, Faraday Future delayed the launch of its flagship electric SUV FF91 after warning that it was short on cash. The Los Angeles-based electric vehicle startup, which went public in a July 2021 merger with a blank-check company, was hoping to raise $325 […]
In May, Texas Attorney General Ken Paxton filed a lawsuit against Alphabet’s Google claiming the Google search engine still collects data on users who think they can be anonymous if they use a “private browsing” mode. The lawsuit came about eight months […]
The ongoing global economic downturn spreading to the food delivery market. With rising inflation and the disappearance of Covid restrictions of the last two years, fewer people now order food online but instead, buy groceries directly from the local stores. One […]
Just three days after the Office of Foreign Assets Control (OFAC) sanctioned crypto tumbler Tornado Cash, blockchain analytics firm Elliptic is now out with a new report about how blockchain bridges may become the potential future target for sanctions if the US […]
Late last month, Facebook-parent Meta Platforms reported a loss of $2.81 billion on $452 million in revenue from its VR division Reality Lab. That’s not all. The social giant has lost at least $0.5 trillion in market capitalization since it rebranded over a year […]
Remember back in April when Tesla CEO Elon Musk said “no further TSLA sales planned?” New filings with the Securities and Exchange Commission (SEC) now showed that Musk sold 7.92 million Tesla shares worth $6.88 billion. The transactions happened earlier […]
Empire State Development (ESD) today announced the five GENIUS NY companies selected to participate in round six of the world’s largest business accelerator focused on uncrewed systems. The companies, which are developing innovations in the uncrewed aircraft systems (UAS), internet […]
Google went dark yesterday night after a software issue caused a brief outage that affected thousands of users around the world. We first noticed the outage at around 9.20 p.m. EST. Outage tracking website Downdetector.com also reported that more than 40,000 people […]
Mobile marketing company AppLovin on Tuesday announced it has made an offer to buy gaming giant Unity Software in a $17.54 billion all-stock deal. As part of the deal, AppLovin will offer $58.85 for each Unity share, the companies said. The announcement […]
With millions of businesses currently operating in the physical universe, the arrival of web 3.0 and the metaverse is expected to usher in a new era of financial infrastructure as merchants look for ways to engage and benefit from accepting […]
Axios, an American news website founded in 2016 by former Politico journalists Jim VandeHei, has been acquired by Cox Enterprises for $525 million, Axios reported on its website. The acquisition will enable Cox Enterprises to expand its digital news site’s coverage to include […]
The United States is the richest country in the world. Yet, one in eight Americans receives government assistance to buy their weekly groceries, which translates to 42 million Americans who receive food assistance from the government Supplemental Nutrition Assistance Program, also known […]
Zipmex came under investigation by Thailand SEC after the crypto exchange suspended withdrawals for all its customers. The startup resumed withdrawals on the same evening but it was a little too late. A week later, the Singapore-based Zipmex filed for bankruptcy […]