June 3, 2023
Author

Daniel Levi

Daniel is a writer and editor for Tech Startups. Daniel has been involved in technology and gaming for over two decades. He has previous experience in software development and loves writing about emerging technologies, cybersecurity, and cryptocurrency. Daniel also enjoys hiking and camping.


Cybersecurity  / Hacking  / Security  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
MOVEit hacked: Hackers exploited zero-day vulnerability in popular file transfer tool to steal data from organizations, researchers say
Daniel Levi Posted On June 2, 2023


Progress Software’s MOVEit has fallen victim to a recently discovered zero-day vulnerability after hackers exploited the flaw in the popular file transfer tool to steal critical data from various organizations, U.S. security researchers said on Thursday. The news came just […]


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Cryptocurrency  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Crypto.com receives digital token license in Singapore
Daniel Levi Posted On June 1, 2023


After receiving in-principle approval in June of last year, crypto exchange Crypto.com has successfully completed the licensing process in Singapore. The company announced today it has been granted the Major Payment Institution (MPI) license for Digital Payment Token (DPT) services […]


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Cybersecurity  / Hacking  / Security  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Apple allegedly provides backdoors to US intelligence agencies to spy on thousands of iPhones, Reuters reports, citing sources
Daniel Levi Posted On June 1, 2023


The US intelligence agencies have gained access to thousands of Apple iPhones in a spy plot, Reuters reported, citing an alleged claim by Russia’s Federal Security Service (FSB). According to the report, FSB claimed it has uncovered a major CIA […]


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Guest Post  / PropTech  / Technology News
For commercial real estate (CRE) investors, selling may be the best option
Daniel Levi Posted On May 31, 2023


At any given time, according to the Mortgage Bankers Association, the size of CRE loans on US properties is $4.5 trillion. Over the next 12 months, over $600B of those loans will become due. Although, historically, only 25% of maturing loans […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
CoreWeave, a GPU-focused cloud compute provider startup, raises another $200M in funding amid AI boom
Daniel Levi Posted On May 31, 2023


CoreWeave, a New York City-based startup that started out as an Ethereum mining venture, has secured another $200 million in funding amid the ongoing AI boom. The funding, which pushes the valuation of the 6-year-old startup to more than $2 […]


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Blockchain  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Anoma Foundation raises $25M in Series C funding to bring the third generation of blockchains to market
Daniel Levi Posted On May 31, 2023


The Anoma Foundation, a non-profit blockchain technology company, has raised $25 million in Series C funding to bring the third generation of blockchain technology into the market and disrupt the existing financial system by offering an alternative that empowers users […]


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Electric Car  / Electric Vehicles  / Energy  / Environment  / Research  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Chinese electric car startup JAC unveils the world’s first EV car that runs on SODIUM-ion battery
Daniel Levi Posted On May 30, 2023


The prevailing narrative and common misconception here in the United States is that China imitates and cannot innovate. But this perception is far from accurate. When examining crucial indicators of innovation and performance in advanced industries, China has actually surpassed […]


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Failed Startups  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Disgraced Theranos founder Elizabeth Holmes is set to report to prison today to begin her 11-year sentence
Daniel Levi Posted On May 30, 2023


The disgraced Theranos founder turned convicted fraudster Elizabeth Holmes is set to report to prison today to begin her 11-year sentence. Holmes, now 39, will say goodbye to her freedom and her luxurious estate, which costs $13,000 a month, as […]


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Artificial Intelligence  / Emerging Technology  / Social Media  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Top 25 most popular websites in the world 2023; OpenAI surpasses Microsoft Bing
Daniel Levi Posted On May 29, 2023


The number of internet users is constantly growing. As the internet evolves, so do the tools we use to share information. As of April 2023, there were 5.18 billion internet users in the world, or approximately 63% of the global […]


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357 Views


Acquisition  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
3D printer maker Stratasys to merge with Desktop Metal in a $1.8 billion deal
Daniel Levi Posted On May 25, 2023


Industrial 3D printer manufacturer Stratasys Ltd announced on Thursday that it plans to merge with fellow industry player Desktop Metal Inc in an all-stock transaction valued at around $1.8 billion. The merger news follows Stratasys’ rejection of several acquisition proposals […]


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Featured  / Space  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Virgin falls out of Orbit, shuts down following liquidation sale
Daniel Levi Posted On May 25, 2023


Branson, we have a problem. Richard Branson’s Virgin Orbit is finally shutting down after six years of operations. In an announcement yesterday, the bankrupt Virgin Orbit announced it was shutting down after the liquidation of most of its assets. Stratolaunch and […]


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Music  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Singapore-based BandLab raises $25M at $415 million valuation for its social music creation platform
Daniel Levi Posted On May 24, 2023


BandLab Technologies, the parent company of the Singapore-based social music creation platform BandLab, has raised $25 million in Series B1 funding that pushes the company’s post-money valuation to $425 million. Led by returning investor Cercano Management (formerly Vulcan Capital) with […]


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406 Views


Layoff  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Facebook’s Meta starts its third-round of layoffs to eliminate 10,000 jobs
Daniel Levi Posted On May 24, 2023


Facebook parent company Meta has started its three-part round of layoffs. The latest round of layoffs, which follows a previous round in April, targets mostly employees of Meta’s business groups. The series of layoffs are part of a plan Meta […]


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Artificial Intelligence  / Emerging Technology  / Op-Ed  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
How to mitigate the threats and negative impacts of artificial intelligence on intellectual property
Daniel Levi Posted On May 24, 2023


This is an op-ed from James Godefroy, Deputy Global Enforcement Head at Rouse Artificial Intelligence technologies are rapidly evolving – with recent developments such as autonomous vehicles, computer vision, and chatbots ever-increasingly influencing the business world. With AI’s wide-ranging accessibility, […]


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Layoff  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Alibaba to lay off 7% of workforce in its cloud division ahead of the unit IPO
Daniel Levi Posted On May 23, 2023


Chinese tech giant Alibaba becomes the latest in a string of tech companies announcing layoffs in the month of May. Alibaba said today it is cutting 7% of the workforce in its cloud computing unit. The move comes as the […]


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Blockchain  / Launch  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Privacy blockchain startup Namada proposes airdrop in a partnership with Osmosis ahead of its mainet launch
Daniel Levi Posted On May 22, 2023


Namada, builders of an L1 blockchain multi-chain privacy, is looking to partner with Osmosis as it prepares for the launch of its mainnet. As part of the partnership, Namada aims to reach a range of technology and token deals, including […]


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Bitcoin  / Cryptocurrency  / Ethereum  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Crypto hunter uncovers $500,000 Bitcoin stash hidden by spouse during a divorce proceeding
Daniel Levi Posted On May 22, 2023


While cryptocurrency is often touted for its anonymity, unfortunately, it is not completely anonymous as most people believe. While crypto transactions are pseudonymous, meaning they are not directly linked to a person’s identity, the underlying blockchain technology behind cryptocurrencies can […]


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270 Views


Electric Car  / Electric Vehicles  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
George Soros lost millions in his investment in electric truck startup Rivian; reduces stake after 90% drop from peak
Daniel Levi Posted On May 18, 2023


Early last year, we wrote about Billionaire investor George Soros after he bought nearly 20 million shares of electric truck startup Rivian Automotive in December 2021. According to the SEC filings, Soros bought nearly 20 million (a total of 19,835,761) […]


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436 Views


Cybersecurity  / Hacking  / Privacy  / Security  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
“Qualcomm spies on smartphone users, sends personal data to Qualcomm,” German security firm Nitrokey warns
Daniel Levi Posted On May 18, 2023


“During our security research, we found that smartphones with Qualcomm chips secretly send personal data to Qualcomm.” In 2021, Edward Snowden, a former NSA whistleblower, issued a warning regarding national security. He said that “the greatest danger to national security […]


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463 Views


Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
ServiceNow’s venture arm to invest $1B in enterprise software startups with focus on AI & Automation
Daniel Levi Posted On May 17, 2023


In early 2020, we wrote about ServiceNow after the cloud-computing firm acquired conversational artificial intelligence (AI) platform startup Passage AI to advance its deep-learning AI capabilities. At the time, ServiceNow said the acquisition will accelerate its vision of supporting all major […]


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