London-based digital asset investing company CoinShares International has acquired French fintech Napoleon Crypto SAS and its social trading platform for $15.8 million (about 13.9 million euros), as the booming cryptocurrency market heats up. As part of the acquisition agreement, CoinShares said […]
Wall Street giant Goldman Sachs announced Tuesday the launch of Goldman Sachs Financial Cloud for Data with Amazon Web Services, Inc. (AWS), a new suite of cloud-based data and analytics solutions for financial institutions. The new product will enable Goldman to […]
Griid Infrastructure, a bitcoin mining startup, announced today it is going public through a merger with a blank-check firm Adit EdTech Acquisition Corp in a deal that valued the combined company at about $3.3 billion, including debt. According to the announcement, Griid […]
Vingroup, Vietnam’s largest conglomerate founded by Vietnam’s richest man Phạm Nhật Vượng, is in talks with global investors including the world’s largest asset manager BlackRock and Qatar’s sovereign fund to raise about $1 billion in equity for its automotive arm, according to […]
About an hour ago, we wrote about Jack Dorsey stepping down from his role as chief executive officer of Twitter. Now, Jack just confirmed the report in a tweet that he has resigned from Twitter. Jack has been replaced by CTO Parag […]
Twitter CEO Jack Dorsey is stepping down from his executive role as the chief executive officer, according to a report from CNBC, citing sources familiar with the matter. Dorsey, 45, currently serves as both the CEO of Twitter and Square, his […]
Private equity firm Clearlake Capital has acquired IT management and security software startup Quest Software from Francisco Partners, according to a report from The Wall Street Journal, citing people familiar with the matter. The deal, which values Quest Software at […]
Slice, an Indian credit card challenger that helps consumers pay bills and manage expenses, is now valued at over $1 billion after its latest round of funding, the company announced on Monday. The Bangalore, India-based fintech startup reached so-called unicorn status after […]
2016 was a hot year for bike-sharing in China. However, car-sharing became a business model sought after by venture capital firms and end-users. At the time, the car-sharing industry was dominated by tech startups, internet companies, vehicle manufacturers, and real estate developers with all of […]
In 2019, we wrote about an accident involving a Tesla Model S after a Florida doctor was burned to death because the battery in his Tesla Model S burst into flames and the car’s “futuristic door handles” trapped him inside and […]
The United States became the first country to successfully land humans on the Moon on July 20, 1969. Although Russia and China have landed spacecraft on the Moon, to this day, the United States remains the only nation in the world […]
The 5G revolution is here. Unlike the existing 4G wireless technology, 5G is significantly faster with speed as high 20 Gigabits-per-second (Gbps) peak data rates and more than 100 Megabits-per-second (Mbps) average data rates. At this blazingly fast speed, 5G now paves […]
Yesterday, NASA and SpaceX successfully launched a rocket to demonstrate the world’s first planetary defense system to protect Earth from future asteroid attacks. The DART (Double Asteroid Redirection Test) spacecraft was launched on a SpaceX Falcon 9 rocket in California on […]
The metaverse craze is spreading like wildfire just about a month after Facebook changed its name to Meta to reflect its focus on developing virtual reality products for the metaverse. Thousand of big tech companies and venture capitals are pouring billions […]
BlackRock is the world’s largest money manager and the company that is often called the “fourth branch of the US government.” In recent years, the company has become one of the leading companies in the fight against climate change. The […]
NASA has successfully launched a space probe to change the course of an asteroid. The DART (Double Asteroid Redirection Test) spacecraft was launched on a SpaceX Falcon 9 rocket in California on Wednesday morning and blasted off at 1:21 AM EST (06:21 […]
The news of the chip shortage continues to make the headlines. As the world shut down last year due to the pandemic causing factories around the world to halt production, reduce inventory, and some even close down making the supplies needed […]
Shares of Zoom in free-fall after the video conferencing company warned investors of a revenue slowdown. Zoom shares tumbled to 17-month lows on Tuesday after the video conferencing platform posted its slowest quarterly revenue growth in recent years. Once the darlings […]
NetEase announced early Tuesday morning that it plans to spin off its music streaming business Cloud Village in a $500 million initial public offering (IPO) in the Hong Kong stock exchange. The announcement came as the Chinese tech giant attempted to revive the IPO, […]
As calls to save the planet reach fever-pitch level, many climate-conscious consumers are now switching to plant-based meats as part of the effort to reduce CO2 emissions and combat climate change. The result of this change has led to the […]