ShareChat‘s parent company has acquired local rival MX’s short-video platform TakTak in a cash-and-stock deal worth about $700 million, according to a report from Reuters, citing two sources familiar with the matter. The announcement comes just two months after the startup […]
The impacts of climate change are global in scope, unprecedented in scale, and can no longer be denied. We can see the impacts of climate change all around. Some of the major impacts include increased heat, drought, insect outbreaks, increased […]
The ongoing pandemic has wreaked havoc all around the world. Beyond the tragic deaths of millions, the pandemic has also exposed the financial burden many families faced. Many can no longer afford to pay for basic necesitities, let alone spend […]
Venus, a decentralized finance (DeFi) algorithmic money market and synthetic stablecoin protocol exclusively on Binance Smart Chain, is launching a new pilot initiative to help foster innovation within its ecosystem, supporting developments in DeFi that will pave the way for more institutional […]
The ongoing pandemic has taken a toll on everyone and made it increasingly difficult for millions of Americans to maintain their financial health. Over 40 million Americans have good jobs but have subprime or no credit scores. These Americans can […]
Geomagnetic storm has wiped out 40 of the 49 SpaceX Starlink satellites launched from the Falcon 9 rocket into orbit last week Thursday. In an announcement today, SpaceX said 80% of the satellites it launched last week are expected to burn up […]
With daily headlines of data breaches and new waves of security challenges, organizations and institutions are under constant assault from hackers. A recent Gartner survey of over 2,000 CIOs also reveals the need for enterprises to embrace business composability in 2022. However, […]
As we reported earlier today, the U.S. Department of Justice (DOJ) said it has arrested a New York couple for conspiring to launder stolen bitcoin from the 2016 hack of virtual currency exchange Bitfinex. The DOJ said they were able to seize […]
The end has finally come for Peloton. The fitness startup that was once valued at $50 billion announced today it’s firing over 2,800 employees due to an ongoing downturn in the company’s business. The number represents about 20% of Peloton’s corporate workforce. As […]
The US Department of Justice (DOJ) announced Tuesday morning it seized more than $3.6 billion in allegedly stolen cryptocurrency linked to the 2016 hack of Bitfinex. As part of the operation, DOJ said it has also arrested a New York […]
After a red hot 2021 SPAC mergers, 2022 is shaping out to be another strong year. Today, Grab becomes the latest in a series of tech companies going public via special purpose acquisition company (SPAC) as investors poured billions of dollars […]
Metal corrosion is a costly problem that has plagued humans for centuries. Many of these corrosion problems take place on metal surfaces where cation or anion concentration increases or metal salt or oxide precipitation occurs. For decades, metallurgical engineers have come up with […]
Peter Thiel, an early Facebook investor, announced today that he is stepping down from the board of its parent company, Meta. Thiel said he wants to focus on backing Trump allies for the midterm elections in November, according to a […]
Facebook is a company everyone loves to hate and many think CEO Mark Zuckerberg is ahead of his time. In a widely celebrated news event on October 28, 2021, Facebook rebranded to Meta to reflect Mark Zuckerberg’s ‘metaverse’ vision. While […]
Unless you’ve been paying close attention to the news about the vaccines, it’s almost impossible to know if the vaccines already administered to millions of Americans were actually approved by the US Food and Drug Administration (FDA). On January 31, the FDA […]
As you probably know, the decentralized finance (DeFi) lending landscape is plagued with a serious flaw: over-collateralization, the provision of collateral that is worth more than enough to cover potential losses in cases of default. For instance, if you want to […]
Web 3.0 is slowly taking over the internet, the past few years have seen more people embrace the potential of a decentralized web following the debut of blockchain technology and cryptocurrencies. As it stands, most of the platforms that exist […]
Over the weekend, Tesla CEO Elon Musk called GoFundMe ‘professional thieves’ after the fundraising website withheld $10 million from the Canadian anti-vaccine trucker protest. It all started last week when GoFundMe removed a fundraiser for Canada’s “Freedom Convoy” protest against […]
On August 7, 2015, Terra Nullius minted what’s now widely believed to be the first non-fungible token (NFT) on the Ethereum blockchain. According to a post on Reddit, it appears that Nullius built the project to allow users to stake […]
It’s been two years since the first cases of the coronavirus were detected in Wuhan, China. Since then, the deadly virus has spread around the world. In 2021, the Food and Drug Administration (FDA) approved the first COVID-19 vaccine, which has […]
