Last year, we covered series of stories of how SoftBank Group went from losing billions of dollars in its investments in Uber, and other startups to ending the year with billions of dollars in profit. Just yesterday, the Japanese technology conglomerate […]
We love writing about startup success stories because that’s primarily what our site is about. It brings us joy when startups succeed. In addition, bootstrapping a startup from nothing to a multi-million business takes hard work, resilience, perseverance, focus, and […]
Every day, Google processes over 3.5 billion searches. Have you ever wondered how Google makes its money? The bulk of Google’s 162 billion dollar revenue in 2019 came from its proprietary advertising service, Google Ads. According to data from research firm […]
It seems like it was just yesterday when Facebook admitted to the inadvertent exposure of up to 87 million users’ information to the political analysis firm Cambridge Analytica in 2018. A year later, the Federal Trade Commission (FTC) fined Facebook $5 billion […]
This past year has been one for the history books, not just for people in the U.S. but for everyone around the world. COVID-19 shut down the entire world in March 2020 with people dying from this mysterious sickness. Emergency […]
What a difference a year makes. Remember back in April 2020 when high-level U.S. government sources said they believe coronavirus originated from the Wuhan Virology laboratory? At the time, the U.S. government officials said: “The United States now has high confidence that […]
Branded, a Paris, France-based startup and a global platform that partners with and invests in online eCommerce consumer products and marketplace brands online, today announced it has raised $150 million in investment capital and acquired 20 best-selling marketplace brands. The round was led […]
Jüsto, a Mexico City-based FoodTech startup and an online supermarket delivery-only grocery store chain, today announced it has raised a $65 million Series A funding to fuel its expansion into a leading online grocer across Mexico and Latin America. The latest round, which […]
On January 21, Tesla CEO Elon Musk tweeted that he would be donating $100 million toward a prize for the best carbon capture technology with plans to provide details the following week. Now, we have all the details we’ve been […]
Adapdix, a Silicon Valley-based tech startup that offers a software platform that optimizes Artificial Intelligence (AI) and Machine Learning (ML) at the edge, announced today that it has received new funding from SoftBank’s Opportunity Fund, bringing the total investment amount […]
Reddit, a social news aggregation startup at the center of a recent stock market frenzy, announced it has raised $250 in Series E funding from existing and new investors, valuing the startup at $6 billion. Reddit plans to use the fresh […]
Back in June 2020, we wrote about a 20-year stock trader Alexander E. Kearns who took his own life after he misunderstood a potential loss from a stock-options trade. Kearns later committed suicide after he saw a $730,000 negative balance in his Robinhood account. Before […]
On January 10, we wrote about the free speech social app Gab.com after it reported a 750% increase in traffic and 18 million visits in just 24 hours. We’re now in February and the numbers are in. Gab reported today that […]
“Who let the Doge out?” That was another Elon Musk’s tweet that sent Dogecoin soaring another 53% on Sunday. Today, Dogecoin is now the eighth-most valuable cryptocurrency on the planet with a market value of $10 billion, according to cryptocurrency data tracker […]
AstraZeneca vaccine is beset with lots of bad news in recent months. On January 31, the City of Manaus reported that elderly people died after receiving the AstraZeneca vaccine. According to the report, an 83-year-old male died after receiving a dose […]
With the growing success and popularity of Bitcoin and the broader cryptocurrency space, the world’s central banks are becoming increasingly worried that the cryptocurrency market, which is currently valued at over $1 trillion, is posing a big threat to the global financial system. […]
Last month, we wrote about Clubhouse, the new secret, an invite-only social app that’s taking the internet by storm. The app grew from over 600,000 users in December and is now expected to cross the 1 millionth user mark in just a […]
About two hours ago, we wrote about Tesla after the Elon Musk company revealed that it bought $1.5 billion worth of bitcoins and also plans to start accepting bitcoin for its products. Immediately after the news, bitcoin surged to a […]
We wrote about CLEAR back in 2019 when the New York-based biometric-based identity startup CLEAR secured new funding to accelerate platform and network expansion. CLEAR makes it simple for users to self-identify themselves by using biometrics to build a connected world […]
Last week we wrote about Illumina after the DNA sequencing company partnered with Sequoia Capital to launch a genomics incubator in China. The goal was to catalyze the startup ecosystem in China with the launch of the Sequoia Capital China Intelligent […]