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 […]
For decades, television has been one of the most prominent and influential channels for advertisement. But in recent years, most performance-based advertisers avoid TV advertisements in favor of digital media and other quantifiable channels. The connected TV (CTV) penetration rate in the […]
Fast Company, a U.S.based business media publication, was forced to shut down its site on Tuesday evening after hackers used the site to send “obscene and racist” notifications to Apple users via the iPhone maker’s Apple News service. The company […]
Netflix has had a very bad year. This year alone, the company lost about two-thirds of its value. In addition, the company also lost nearly 1.2 million subscribers in the first two quarters of 2022. The streaming giant also recorded subscriber […]
Immersive entertainment has grown in popularity in recent years, thanks in part to virtual (VR) and augmented reality (AR) glasses. In 2019, the immersive entertainment industry was valued at $61.8 billion. Today, the market is estimated to be around $65 billion. […]
Sam Bankman Fried-owned crypto exchange FTX is set to buy Voyager Digital’s assets after winning a bankruptcy auction. The embattled Voyager Digital said announced that FTX has won its assets in a $1.42-billion bid at an auction. FTX’s bid was valued at nearly […]
Hot cloud storage startup Wasabi Technologies is the newest to attain the highly unicorn status after closing a new financing round. Today, Wasabi announced it has closed $250 million at over $1.1 billion valuation, making it the latest member of the highly […]
In 1991, scientists Stuart Haber and Scott Stornetta described for the first time a cryptographically secured chain of blocks. Then in 1998, Satoshi Nakamoto released a white paper establishing the model for blockchain technology, which now serves as the underlying technology behind […]
In 2021, PayPal bought the shopping and rewards startup Honey for $4 billion. Honey was created to help consumers save time and money. As of the time of the acquisition, Honey had over 10 million users worldwide to shop in over […]
We covered PlanetWatchers In June 2021 after the London-based geospatial intelligence startup raised $3.5 million in Series A funding to provide Analytics as a Service (AaaS) to the crop insurance industry. The round was co-led by Seraphim Capital and Creative Ventures, […]
Well-link Technologies, a Chinese cloud gaming service provider, announced Monday it had raised $40 million in an early-stage or B2 funding round led by Singapore state investment firm Temasek. Temasek also confirmed the deal in an email. Despite the difficulties faced by Chinese startups […]