We wrote about Airbnb back in May after the vacation rental marketplace cut 25% of its workforce in the latest round of coronavirus-related layoffs affecting the tech industry. “Today, I must confirm that we are reducing the size of the Airbnb […]
90% of information transmitted to the human brain is visual, and the brain can identify images seen for as little as 13 milliseconds, according to research conducted by the Massachusetts Institute of Technology (MIT). With a rapid rise in demand for […]
InterVenn Biosciences, a Redwood City, California-based biotech startup announced today it has raised $34 million in Series B funding to commercialize the diagnostic for ovarian cancer and to also accelerate development efforts for the immuno-oncology treatment response and colorectal cancer indications. The […]
Back in February, we wrote about Amazon CEO Jeff Bezos after he launched Earth Fund, a $10 billion fund designed to invest in scientists, activists, and other organizations to combat the effects of climate change and help preserve and protect […]
Start Codon, a Cambridge, England-based life science and healthcare business accelerator, today announced it has closed $20 million (£15 million) in funding for its Start Codon Fund I LP (the “Fund”). Start Codon leverages its unique resources of the Cambridge Cluster to […]
Meta: Will we see some major breakthroughs in tech in the next 10 years? Let’s take a closer look at some of the places where we might see big tech breakthroughs soon. We are constantly seeing new areas in tech […]
ShowPay, a global cryptocurrency payment system powered by BitcoinSV, today announced it has raised a $1.5 million angel round of funding to build MetaID, a global ID based on blockchain. The round is led by Jinghe Investment, a subsidiary of China Lantian Corporation, with […]
In a vaccine trial that Moderna believes would give the world more hope to end the coronavirus pandemic, the biotech company announced this morning that its experimental vaccine was 94.5% effective in preventing COVID-19 based on interim data from a […]
Last week, we wrote about SoftBank after the Japanese giant led a $250 million investment in Germany’s e-scooter rental startup Tier Mobility. That was its first foray into the $18.6 billion electric scooter market. Now, SoftBank is back at investing […]
Economic Recovery Initiative Supports Startups Advancing Climate Technology Including Clean and Energy-Efficient Solutions. Supports Governor Cuomo’s Nation-Leading Climate and Clean Energy Goals Under the Climate Leadership and Community Protection Act Governor Andrew M. Cuomo today announced the $10 million New […]
Every year, millions of people around the world fall victim to credit card fraud. The situation is not getting any better as hackers and scammers are now improving their tradecraft and tools by targeting victims on social media. For hackers, […]
There are over 3 billion people who class themselves as gamers. Of that 3 billion, almost 50% of players use a PC to partake in their favorite hobby. Then, there are the 200 million people who like to game via […]
Does Elon Musk have coronavirus? This is the question forty million Musk fans are asking. In a tweet on Thursday night, Musk told his fans that he has received mixed results after being tested for COVID-19. The billionaire and Tesla […]
In a win for ByteDance, the parent company of TikTok, the Commerce Department announced yesterday that TikTok can continue to operate in the U.S. The decision concludes a 2 month-long ban on the company. Earlier this week, ByteDance filed a petition in […]
We now live in a contactless world, thanks in part to coronavirus. Social distancing has become part of our daily lives. Gone are the days of sitting down in a restaurant and ordering meals. We now live in an era […]
Last month, we wrote about PayPal after the payment giant joined the cryptocurrency market, allowing customers to buy, sell, shop, and hold bitcoin and other cryptocurrencies on its network. Now, PayPal is opening up its cryptocurrency services to all eligible U.S. users. […]
We covered Bolt back in March after the European Uber rival raised $109.86 million (€100 million) in new funding to scale its product segments from ride-hailing to micro-mobility and food delivery in Europe and Africa. Its last investment valued the […]
Apartment communities are vibrant micro-economies of services and goods. From dog walkers and grocery delivery to dry cleaning pick-up and drop-off, there are 100+ transactions every day. Spruce is an Austin-based tech startup aiming to efficiently channel these interactions into a […]
Watch out Tesla, you have a new competitor. Say hello to Luca, a fully functioning electric car made entirely out of waste made by students of Eindhoven University. Every year, Europe produces about 58 million tons of plastic every year. In addition, Europe […]
Investors continue to pour billions of dollars into promising tech startups across the seven continents. However, African startups are still lagging far behind. According to a report from Africa focused fund, Partech, the total 2019 venture capital investment in African startups […]