Anil Ambani, the chairman of Reliance Group, which was created in July 2006 following a de-merger from Reliance Industries, said his “net worth is zero after taking into account my liabilities.” Reliance Group is an Indian conglomerate that provides financial services, construction, […]
Amazon CEO Jeff Bezos announced Monday he is launching a $10 billion fund to fight climate change. The eCommerce giant CEO said in an Instagram post that the Bezos Earth Fund will fund “will fund scientists, activists, NGOs — any […]
HQ Trivia, the live trivia gameshow app created by two of Vine’s cofounders, is shutting down less than three years after launching. According the news, which was first reported by CNN, the startup abruptly shuts down after 14 ‘seasons’. The […]
A new study from Juniper Research, a research firm that provides research and analytical services to the global hi-tech communications sector, found that total operator-billed revenue from 5G IoT connections will reach $8 billion by 2024; rising from $525 million in […]
Back in January, we wrote about the beleaguered startup Oyo when the budget hotel chain laid off about 2,000 of its employees in China and India. Now, according to a new report from Reuters, Oyo’s losses have widened to more than […]
Behavioral health disorders are on the rise in every country around the world and will cost the global economy $16 trillion by 2030. Over 26 million Americans with a behavioral health issue go untreated, according to data from Mental Health […]
Deloitte Legal becomes exclusive legal and professional services partner of PhD entrepreneurship program Conception X; Unique tie-up will see PhD students becoming ‘venture scientists’, applying cutting-edge research to solve future industry problems; Unrivalled access to R&D capability and talent places […]
GM to cease Holden sales, design and engineering operations by 2021, plans to focus on growth opportunities in specialty vehicle business GM and Great Wall Motors sign binding term sheet for sale of Thailand manufacturing plant Chevrolet to cease domestic sales in Thailand by […]
China’s novel coronavirus, COVID-19, has killed more than 1,500 people and infected more than 64,201 people. Now, a group of Chinese doctors are warning that virus reinfection is even deadlier than earlier reported. The doctors claimed that instead of creating immunity the […]
Samsung’s ‘SelfieType’ is a virtual keyboard using the front-facing selfie camera that lets you type on an invisible keyboard using nothing but your device selfie camera. The proprietary SelfieType AI engine analyzes finger movements coming from the front camera, and […]
Lightning Network (LN) promises new possibilities for using Bitcoin as a viable person-to-person payment method as early as 2020, according to experts in the field. To understand how requires some deep diving into Bitcoin and its level 2 superplayer. Bitcoin’s […]
Inovio Pharmaceuticals announced it has created a coronavirus vaccine three hours after getting access to the virus’ genetic sequence in mid-January. Based in Pennsylvania, Inovio Pharmaceuticals said its scientists in its laboratory in San Diego made the discovery. Just like a regular flu […]
Toast, an all-in-one point-of-sale and restaurant management platform for businesses in the food service and hospitality space, announced today it has raised $400M Series F funding round to reinvest in its technology platform, and make enhancements targeted to the evolving needs of […]
As coronavirus continues to toll on people of China and a dozens around the world, Chinese tech giant is taking steps to help the affected people in China and stop the spread of the virus. Alibaba has pledged $140 million (RMB1 billion) […]
Flywire, a Boston, MA-based vertical payments startup has acquired health technology Simplee to optimize the digital payments and patient engagement experience in healthcare and scale its global payments services. The acquisition was fueled by recent $120 million Series E investment […]
Obstructive Sleep Apnea (OSA) is the world’s most common sleep disorder, affecting almost one billion people globally. OSA makes a person stop breathing during sleep, while the airway repeatedly becomes partially (hypopnea) or totally (apnea) blocked, limiting the amount of air that […]
BlackRock, Inc. (NYSE: BLK) has made a charitable contribution of 15.6 million shares of PennyMac Financial Services, Inc. (NYSE: PFSI), with a market value of $589 million, to fund the firm’s social impact efforts to advance a more inclusive and […]
Google announced today it has completed $2 billion acquisition of big-data analytics startup Looker after green light from UK regulators. The Alphabet Inc-owned Google first announced the all cash deal back in June 2019. As part of the acquisition, Looker, a […]
Good morning! Below are the top tech startups news for today, Thursday, February 13, 2020. Alibaba warns of drop in revenues due to coronavirus. As coronavirus continues to wreck havoc around the world, China’s e-commerce giant Alibaba is warning that […]
Your Fare, an online ordering management platform for restaurants that allows its users to track sales on one dashboard, announced it has closed $2.4 million in equity funding to accelerate growth and invest build its software to help restaurants increase profit margins and […]