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 […]
Late last month, we wrote about Crypto.com after the crypto exchange startup received registration and regulatory approval from the Organismo Agenti e Mediatori (OAM) in Italy as a provider of virtual currency and digital wallet services. The approval enables Crypto.com to […]
With billions of dollars from the covid vaccine windfall, pharmaceutical giant Pfizer is reportedly in late-stage negotiations to buy the drug maker Global Blood Therapeutics (GBT) for $5 billion, The Wall Street Journal reported Friday. The acquisition is part of Pfizer’s effort […]
In recent months, we’ve heard horror stories of millions of crypto investors losing their personal savings to the collapse of Celsius after the crypto lender suddenly belly up overnight. Hundreds of these retail investors have gone as far as sending […]
Amazon announced today it has acquired the maker of Roomba robot vacuum cleaner iRobot Corp for $1.7 billion in an all-cash deal, as part of the latest push to grow its connected device cart products and add to its cart of smart […]
CRM&BONUS, a Softbank-backed Brazilian giftback platform, announced today it has acquired social media sales startup Zipper for 25 million reais ($4.7 million) in cash and part in shares. “This acquisition allows us to increase offers to retailers to help them raise […]
The SaaS industry has been booming over the past several years. After a global valuation of $31.5 billion in 2015, the market for cloud-based solutions is expected to reach a staggering $208 billion by the end of 2023, highlighting just […]
Astar Network, a multi-chain decentralized application layer on Polkadot, today announced a partnership with blockchain development platform Alchemy. As part of the tie-up, Astar will leverage Alchemy’s APIs to provide powerful tooling on Polkadot. The move will make it easier for […]
BorgWarner, a 130-year-old auto-parts maker, announced today it has acquired Rhombus Energy Solutions to complement its existing European charging footprint to accelerate organic growth. BorgWarner said the enterprise value of the deal can go up to $185 million, which is being funded primarily with […]
The demand for cybersecurity professionals is at an all-time high. The increased in cyberattacks, coupled with the pandemic has driven up the demand for experienced professionals. With colleges not graduating enough technically skilled cybersecurity professionals, the demand for cyber professionals far outnumbers […]
Non-fungible tokens (NFTs) have skyrocketed in popularity over the last two years. But with the ongoing global economic downturn and looming recession, the NFT space is currently going through some correction just like the stock market. While trading in the NFT […]
Private equity giant Thoma Bravo continues with its acquisition spree. Ping Identity announced today that Thoma Bravo is buying the Enterprise identity management company and would take it private, in an all-cash buyout deal valued at $2.4 billion. As part of the […]
With many issues facing our world today, small and big corporations alike are no longer just focusing on short-term profit but also on their impacts on society and the world at large. Today, the world is faced with a plethora […]
Every year, the U.S. government creates hundreds, if not thousands, of new regulations that impact small and big businesses alike. In the last two decades, the regulatory burden has grown substantially and cost over two million jobs. Companies dedicate a large […]
Crypto hackers strike again. In the latest heist to hit the crypto space, U.S.-based crypto exchange Nomad has been hit by a $190 million theft, according to a report by blockchain researchers. The revelation comes just a week after Nomad raised $22 […]
Last month, OpenSea said it was laying off 20% of its workforce to reduce costs amid a prolonged slump in crypto-asset markets. The world’s largest NFT marketplace also saw the sales of non-fungible tokens (NFTs) on the Ethereum blockchain network fell […]
Last week, we wrote about tech startups struggling to raise new funds due to the global economic downturns and other macro events such as inflation, the Russia-Ukraine war, and the rising interest rates. But there is a bigger problem facing […]
Global Payments, an Atlanta-based provider of payment technology and software solutions, announced it has reached an agreement to acquire a smaller rival EVO Payments in a deal valued at nearly $4 billion including debt. The announcement comes just a year after Global […]
The crypto bear market is here and no one knows how long it’s going to last. After many years of sugar-high growth fueled by money printing by the world’s central banks, the global crypto market is slowly cooling down. Overall, […]
On Monday, we wrote about Zipmex after the Singapore-based cryptocurrency exchange startup came under investigation by Thailand Securities and Exchange Commission (SEC). The investigation started after Zipmex temporarily suspended withdrawals for thousands of its customers but later resumed withdrawals on […]