Last year, bitcoin miners earned a record hourly revenue of $4 million as the price of bitcoin exploded to an all-time high of $69,000, according to data from blockchain analytics firm Glassnode. The amount was the highest hourly miner revenue in Bitcoin’s history. Since then, […]
In 1959, Dr. Kazuo Inamori founded Kyocera with the idea to do what’s right as a human being. For Kyocera, that always meant protecting the planet for future generations. As such, when Earth Day was founded, in 1970, April 22nd […]
Last week, Elon Musk made a $41.39 billion cash offer to buy Twitter. It didn’t take long before Twitter’s Board of Directors adopted a “poison pill” strategy to block Musk from taking over the social media platform. The “poison pill,” […]
About a year ago, fintech startup Stripe launched Stripe Tax to simplify global tax compliance for small businesses and merchants. The new Stripe Tax automates tax calculation and collection for transactions on Stripe, tells businesses where they need to collect […]
When most people think about Amazon, the last thing that comes to mind is robotics. The e-commerce giant currently has 100,000 orange robots that glide through its warehouses. These robots work with thousands of Amazon employees to reduce picking time for […]
For the first in more than 10 years, streaming giant Netflix suffers subscriber loss, causing the company to lose $50 billion in just one day. In its earnings call on Tuesday, Netflix reported a loss of 200,000 subscribers during the first quarter. […]
Pollen, a London, England-based travel tech startup that curates and delivers travel experiences, has raised $150 million in its Series C funding. The round was backed by prominent investors including Kindred, Lansdowne Partners, Northzone, Sienna Capital, Backed, and Molton Ventures. The […]
In early 2020, we wrote about Flow Neuroscience after the Sweden-based medical device and mental health startup joined the ORCHA App Library, an app developed by ORCHA, the world’s leading health app evaluation and distribution organization. Since our last coverage, Flow has grown exponentially […]
To help unlock the full potential and economic advantage of routine commercial drone operations like medical and package deliveries, NUAIR is deploying the CAL Analytics detect and avoid (DAA) service and contingency management platform (CMP) within New York’s 50-mile Drone […]
Creator Fund is a UK-based venture firm that primarily backs Ph.D., academic, and student talent building frontier technology startups in areas such as AI and life sciences to robotics and quantum computing, and other technology emerging from universities. They believe the […]
Elon Musk’s Tesla continues to silence its critics after the electric car giant reported $18.8 billion in the first quarter versus the $17.92 billion expected. Tesla beat Wall Street’s expectations in its earnings report. Below are the key numbers. Earnings per […]
Quick Takes KPMG Private Enterprise launches global competition to find disruptors of tomorrow With venture capital (VC) investment in UK innovators at a record high, the competition offers tech businesses the opportunity to showcase their business to global investors KPMG, […]
Over the last year, we’ve seen the emergence of decentralized autonomous organizations (DAOs) from the crypto fad into the mainstream consciousness. For the uninitiated, a DAO is an autonomous organization regulated through a set of rules embedded in the blockchain network, technically […]
The concept of blockchain-as-a-service is rapidly rising in the enterprise world. By having a third-party install and maintain the blockchain network – a distributed and immutable ledger that can be accessed by multiple parties quickly and securely – businesses can […]
One of the reasons for the slow adoption of electric vehicles (EVs) is cost. But the most common reason people give for not buying EVs is the concern about the driving range and the fear that the battery will run […]
The Buy now, pay later (BNPL) phenomenon has grown in popularity in recent years as customers seek alternative methods of financing. BNPL is a new payment option that allows consumers to receive their purchase right away (Buy Now), either online […]
FundGuard, a New York-based tech startup, has raised $40 million in a Series B funding round to accelerate the growth of its AI-powered SaaS investment management and asset servicing enterprise platform. The latest investment round included strategic investors Citi and State Street […]
Just last week, we wrote about Laiye after the Chinese automation giant acquired French AI tech startup Mindsay to lead the market shift to intelligent automation. The acquisition enables the company to provide its clients with low-code, and no-code technology required […]
Banking and financial institutions have rapidly digitized all their operations, especially since the outbreak of the COVID-19 pandemic. Unfortunately, fraudulent activities have kept pace too. According to a report from LexisNexis, the cost of fraud for U.S. financial services and lending firms […]
DataRails, the world-leading FP&A solution for Excel users, has released their findings from a survey of hundreds of CFOs, challenging conventional wisdom about how cushy life in the C-suite is. The report finds an excessive amount of manual work by […]