Doing business in China may sound appealing to a lot of American companies. However, doing business in China comes at a heavy price. Unlike the United States, the Chinese Communist Party has a major influence on virtually all the companies […]
We’ve been following Softbank for over three years now. The Japanese giant has gone through the rollercoaster ride and back. Back in 2019, SoftBank reported its first quarterly loss in 16 years after it posted an $8.9 billion loss due to its investments […]
The coronavirus pandemic has forced restaurants to evolve their business models to accommodate the heightened need for takeout and delivery. The pandemic has also led to a resurgence in innovation as startups as businesses are finding new ways to adapt […]
In June of last year, Just Eat Takeaway and Delivery Hero were reportedly in talks to acquire the U.S.-based food delivery startup Grubhub with Bank of America working as an adviser for the deal. Now, it seems the deal is back […]
Special purpose acquisition companies (SPACs) are all the rage these days. In 2021 alone, there are 315 IPOs, according to data from the SPAC insights website, SPACAnalytics.com. Digital mortgage lender Better.com becomes the latest startup to join the SPAC frenzy. […]
Today, during a hearing in front of the Health, Education, Labor, and Pensions Committee, U.S. Senator Rand Paul alleged that the National Institutes of Health (NIH) had used a middle-man to funnel money to the China Wuhan Institute of Virology via […]
Synthetic or engineered biology is a field of science that involves redesigning organisms for useful purposes by engineering them to have new abilities. Today, synthetic biology companies and researchers are harnessing the power of nature to solve problems in medicine, […]
In what many considered the most significant, successful cyber attack ever on the U.S. energy infrastructure, last Saturday the main pipeline carrying gasoline and diesel fuel to the Eastern parts of the United States was shut down by its operator after […]
Mythic, a Redwood City, California-based tech startup making artificial intelligence chips for use in gadgets such as smart home devices or security cameras, today announced $70 million in Series C funding led by BlackRock and Hewlett Packard Enterprise (HPE). The round, which […]
Apptopia, a Boston, MA-based tech startup that provides services in-app analytics, data mining, and business intelligence for the mobile industry, announced today it has raised a $20 million financing round led by ABS Capital Partners with participation from existing investors, including […]
SoftBank is back in the news. Today, U.K-based beauty and lifestyle e-commerce startup THG. announced that SB Management, a division of Japanese tech giant SoftBank, is investing $1.6 billion in the company. As part of the deal, SBM is also taking a […]
We’ve all heard about 5G, the 5th generation mobile. According to wireless industry group GSMA, 5G is expected to be at least 10 times faster than the fastest 4G networks, with peak data rates of up to 10 gigabytes per […]
Contractbook, a Copenhagen, Denmark-based tech startup and a provider of contract automation platform, today announced it has raised $30 million in Series B funding to expand into the United States market in order to propel the contract management world into the […]
Remittances into low and middle-income countries were worth $508 billion in 2020, according to an estimate from the World Bank. Today, Google announced it has teamed up with money transfer firms Wise and Western Union to offer cross-border payments and remittances from […]
While everyone is talking about Dogecoin, another obscure coin is all the rage among cryptocurrency investors. Shiba Inu coin (SHIB) is another meme cryptocurrency inspired by the recent popularity of Dogecoin. Shiba coin (also called Shiba token) is a decentralized […]
Fibrin is a fibrous, non-globular protein involved in the blood clotting process. It is formed by the action of the protease thrombin on fibrinogen, which causes it to polymerize. The human blood plasma normally contains around 1.5 to 3.5 g/L of […]
Currently, Decentralized Finance, or DeFi as it is called, accounts for investments worth over $42 billion. As it grows at a breakneck speed to rival the centralized financial institutions, it begs the question, can DeFi fulfill the aspiration for blockchain […]
Plus, a California-based Self-driving truck startup enabling large-scale commercialization of autonomous transport, announced on Monday that it would go public through a merger with blank-check company Hennessy Capital Investment Corp. in a deal that values the self-driving truck technology startup at $3.3 […]
Consumers prefer going online to shop these days. According to Business Insider, the global online shopping market grew to nearly $4 trillion in 2020. Car and vehicle purchases remain something of an exception, with most shoppers visiting dealerships physically to […]
X World Games (XWG) is a virtual world of the new internet where anyone can trade NFT at any time from anywhere in the world. Today, the Singapore-based gaming startup announced it has raised $1.2M in funding from institutional investors, including […]