Crypto Exchange Bybit has teamed up with electronic trading pioneer Actant to give traders some extra edge. The partnership will enable professional traders to take advantage of best-in-class trading tools. As a result of the agreement, Bybit, which has one of the largest […]
You all probably remember Robinhood, the controversial commission-free stock trading app that blocked Reddit Army from trading Gamestop and AMC stocks back in April 2021. Robinhood also restricted thousands of retail investors from trading Dogecoin. The notorious fintech startup has since lost over 75% […]
In less than five years, TikTok, the Chinese viral video-sharing app that started out as a joke, has emerged to become the most popular app in the world. In December 2021, TikTok dethroned Google to become the most visited website in the […]
OpenSea, the world’s largest non-fungible token (NFT) marketplace announced Thursday it is cutting about 20% of its workforce to reduce costs amid a prolonged slump in crypto-asset markets. The announcement comes just two months after the NFT marketplace was hit by a phishing […]
Creating and delivering content to end-users is no longer just a question of implementing responsive design. Companies want their content to be easily distributed over different communication channels: websites, web and mobile applications, and connected objects. Traditional content management systems […]
It’s not been a good week for Tesla CEO Elon Musk. His week started out with a lawsuit from Twitter asking the billionaire to consummate the $44 billion merger agreement. Then yesterday, longtime Tesla Autopilot Executive Andrej Karpathy announced on […]
As you may recall back in February, we wrote about Millicent after the distributed ledger fintech startup co-funded by the UK government’s R&D department received funding grants to build the next generation of digital finance. The award from the UK Research and Innovation […]
Graphene is the thinnest material known to man. At just one atom thick, graphene is incredibly strong, about 200 times stronger than steel. Graphene has the potential to change the world, with a lot of promise in almost any industry. Its […]
Music streaming giant Spotify announced on Tuesday it’s buying Heardle, the Wordle-inspired music recognition trivia game played by millions of users every day. The total amount of the deal was not disclosed. The acquisition is part of Spotify’s effort to diversify its revenue streams […]
A few minutes ago, the US Labor Department (DOL) released devastating inflation numbers for the month of June. The numbers are not looking good. In fact, it’s getting worse. According to the report, US inflation jumps by 0.5 percent from May to […]
Last week, Voyager Digital filed for bankruptcy just a year after the crypto-asset broker startup raised $100 million in funding. Now, the ongoing global downturn has claimed another casualty. Today, Airlift, Pakistan’s second-largest startup, has shut down its operations in the […]
Stockagile, an omnichannel management software designed to optimize and streamline inventory and sales management for SMEs, has raised $2.5 million (€2.5 million) in fresh funding led by Pan-European venture capital firm, Nauta Capital. Other backers include 4Founders Capital, Angels, Juan Roig’s investment firm part of […]
Alibaba Group’s grocery chain Freshippo (also known as Hema in Chinese) is considering raising funds at a valuation of about $6 billion, which is $4 billion lower than the $10 billion valuation the startup had hoped for back in January of this […]
BlockFi, Celsius Network, and Voyager Digital are just a few of the companies with exposure to now-bankrupt crypto hedge fund Three Arrows Capital (3AC). Now, Three Arrows is about to drag down other companies and crypto investors with it. As recently as March […]
In a sign that the Buy Now, Pay Later (BNPL) market is beginning to cool off, Europe’s most valuable fintech startup Klarna announced it has raised a massive $800 million in down round funding at a $6.7 billion valuation, an 85% plunge from $45.6 […]
In just a decade, what started out as a hobby for many drone enthusiasts has turned into a multi-billion dollar industry. The growing demand for drones from organizations and the government has pushed the global drone market to an estimated $100 billion industry. […]
Back in June 2021, we wrote about Google for Startups after it announced the launch of a second $5 million Black Founders Fund. Unlike the traditional venture capital funding, the founders received non-dilutive cash awards and did not give up any ownership […]
The ongoing fear of recession has done little to slow down the influx of millions of dollars in funding into the non-fungible token (NFT) space. As investors shrugged off the news of a recession, the NFT boom that started early […]
Twitter Inc. has hired and assembled heavyweights Wachtell, Lipton, Rosen & Katz to represent the company after Musk pulled out of $44 billion deal, according to a report from Yahoo Financial News, citing people familiar with the matter. On Friday, […]
Elon Musk said today that he’s backing out of the deal to buy Twitter for $4 billion over fake accounts and spam bots. In a letter to the Securities and Exchange Commission (SEC), Elon Musk said he’s seeking to end the […]