Millions of Microsoft users around the world were hit with an outage on Wednesday after a networking outage took down its cloud platform Azure along with services such as Teams and Outlook. The tech giant said it had since recovered […]
Gemini, a crypto exchange founded by the Winklevoss twins, is laying off 10% of its total workforce. Gemini now joins a long list of crypto companies that have announced or planning to freeze hiring as FTX contagion spreads across the […]
Since 1882 after Charles Babbage invented the first computer known as Babbage Difference Engine, today’s computers still use integrated circuits or semiconductors (also known as chips) which are based on bits in the form of binary 1s and 0s. Integrated […]
Just two years after Amazon entered into the pharmacy business with the launch of Amazon Pharmacy to enable customers to order prescriptions online, Amazon announced today the launch of its low-cost subscription plan for generic drugs, furthering the e-commerce giant’s […]
We’re excited to kick off our 2023 Startup Spotlight series with Max Goldberg and Steven Segel, the Co-Founders of HotDrop, a music startup that connect undiscovered artists with superfans. Music discovery app, HotDrop, was also recently featured in The Wall […]
Social media is abuzz this evening after popular YouTuber, better known as MrBeast, changes his Twitter bio to “Twitter Super Official CEO” on Monday. The change sparks speculation on the future of the social platform, causing many to ask if […]
The global macro events and the global economic slowdown is making it increasingly harder for startups to raise funding. Founders are scrambling to get more cash than the amount VCs are willing to deploy. The problem is not just limited […]
Collaborating with Enterprise Community Partners and Developers to Preserve Housing for Middle-Income Earners Bank of America Community Development Banking is investing up to $150 million in equity to preserve more than 3,000 affordable homes nationwide for middle-income households in partnership with […]
Some have called it a fashion crime but the amount of waste in the fashion industry is unfathomable until you start peeling away the layers. The $2.4 trillion fashion industry — with its short trend cycles and massive production rates — was […]
Spotify is the latest tech company to lay off its staff as tech companies battle with the global economic slowdown. Spotify announced on Monday that it plans to lay off 6% of its employees, or about 600 jobs, adding to […]
Closing sales has never been easy, even for the most experienced of sellers. In the B2B SaaS space, there is so much riding on the first impression a seller makes with a prospect. How a seller handles the sales funnel […]
Good evening and happy Friday! Below are some of the top tech startup news stories for Friday, January 20, 2023. Feds seize about $700 million of FTX assets in Sam Bankman-Fried criminal case Federal prosecutors seized around $700 million in […]
Delivering great content to online users is no longer about just implementing responsive design, companies also want their content to be easily distributed over different communication channels: websites, web and mobile applications, and connected objects. Most websites today still use […]
Fanatics, a sports platform founded by Michael Rubin, is in talks to buy the BetParx sportsbook, as the sports merchandising company looks to take a bigger position in sports betting, CNBC reported, citing sources close to the ongoing discussion. Fanatics, which recently divests its […]
Google’s parent Alphabet becomes the latest in a series of tech companies to announce a layoff. Today, Alphabet announced it is cutting about 12,000 jobs, or 6% of its workforce, the company said in a memo to employees on Friday. The […]
For months, crypto lender Genesis has been seeking to raise $1 billion in an emergency loan to avoid bankruptcy. Now, the high-profile crypto lending company has fallen on a bankruptcy sword. Genesis filed for Chapter 11 bankruptcy protection late Thursday […]
Good evening! Below are some of the top tech startup news stories for Thursday, January 19, 2023. Netflix co-founder Reed Hastings steps down as CEO Netflix co-founder Reed Hastings is stepping down from the CEO post at the company he founded […]
When it comes to PR for startups, we’re dealing with a good ol’ chicken or egg scenario… A new startup needs positive media coverage to create buzz. Buzz is needed to create a solid customer base and attract investors. Investors […]
With thousands of news sites out there, it’s almost impossible to get noticed online, especially for marginalized Black voices in entertainment. That’s why one media startup is on a mission to create spaces for Black voices and share the latest hottest news topics […]
While chatters about the metaverse have cooled off in recent months due to the global recession and ongoing economic slowdown, investors are seizing the opportunities to invest in promising startups that they’re hoping would dominate the space once the recession […]