Oyo Hotels and Rooms, a SoftBank-backed Indian hospitality startup with $335 million in losses, is expected to file for an initial public offering (IPO) next week to raise around $1 billion, according to a report from Reuters, citing a source familiar […]
Facebook Chief Technology Officer (CTO) Mike Schroepfer announced Wednesday he will be stepping down from his role after 13 years with the social giant. Mike Schroepfer has been CTO at Facebook since March 2013. Prior to that, he was the Vice President […]
Hackers love cryptocurrency partly because of its anonymity. In fact, most cybercriminals prefer their ransom payments to be in cryptocurrency because it’s difficult to trace wallet addresses unless the crypto exchange divulges their financial information to law enforcement agencies. In very […]
For those who have been following Elon Musk and Tesla Group on Twitter, almost no day goes by without a post or tweet on Tesla Full Self-Driving (FSD). FSD is a feature Tesla claimed to have “designed and engineered from […]
The number of cryptocurrencies has grown from just a handful of digital coins in 2013 to nearly over 6,000 as of 2021. Even with headlines filled with news of rising prices of bitcoin and other cryptocurrencies, it’s surprising that blockchain, the […]
Steven Mnuchin has started a new gig less than a year after he left his position as U.S. Treasury Secretary under President Trump’s administration. Mnuchin, a former movie producer and an investment banker at Goldman Sachs, just announced the launch of a multibillion-dollar […]
Sorare, a Paris, France-based blockchain-based fantasy soccer game Sorare has raised $680 million in funding to create the next sports entertainment giant leveraging NFTs. The round was led by SoftBank, with participation from players including ex-England international Rio Ferdinand and Spain’s Gerard […]
Although the tech giant is known mostly for its search engine, what rarely gets attention is the company’s efforts and initiatives to help support and lift up the underserved communities, especially the Black and Latino communities. As you may recall, […]
When Jeff Bezos stepped down as Amazon’s CEO back in July, he promised to spend the rest of his time on passion projects like his space company Blue Origin, Washington Post, and philanthropic efforts. In an email to Amazon employees, whom […]
Bill Gates once said that the best investment he has ever made was investing in vaccines. In 2019, CNBC wrote a piece titled, “My ‘best investment’ turned $10 billion into $200 billion worth of economic benefit.” In an interview, Microsoft […]
The Org, a New York-based tech startup that is building organization charts for public and private companies, announced today it has raised $20 million in Series B funding to shift into the second phase of their product; grow their team in New […]
French cloud computing services provider OVHcloud is planning to launch an initial public offering (IPO) as soon as Monday that could value it at more than $4.7 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. […]
Over the past five years, the digital banking space has mostly been dominated by fintech startups and challenger banks that compete directly with the longer-established banks. Unlike the legacy banks, digital banks distinguish themselves by offering modern financial technology practices, such […]
Last Wednesday, SpaceX made history as Elon Musk’s space company sent the first all-civilian space crew into space on a 3-day mission. SpaceX became the first private company to send a full crew of four non-professional astronauts to fly to space. […]
GitLab, the popular open-source code collaboration platform that enables developers to create, review, and deploy codebases, announced its initial public offerings on Friday. The company said it plans to list on the Nasdaq under ticker symbol “GTLB,” according to initial […]
It was almost a year ago that Apple co-founder Steve Wozniak launched a new cryptocurrency startup called Efforce, to revolutionize the $250 billion energy efficiency market. Just like Apple, the company he co-founded 46 years ago changed our lives forever, the renowned […]
Avalanche, a new blockchain tech startup that promises to offer the industry’s fastest smart contracts, has raised $230 million in a token sale to institutional investors led by Polychain and Three Arrows Capital. Avalanche is a smart contract-enabled cryptocurrency that also supports the proof-of-stake blockchain. […]
On May 30, 2020, NASA and SpaceX made history after Elon Musk space company carried two NASA astronauts into space from American soil after nearly a decade, making Space X the first commercial company to take humans into space. Last night, SpaceX […]
Popular video-game chat community app Discord has raised $500 million in new funding round five months after walking away from $10 billion sale talks with Microsoft. The deal values the company at about $15 billion according to a report from Bloomberg News but Discord […]
Prenetics, a Hong Kong-based genetic testing startup, is going public through a merger with Artisan Acquisition — a special purpose acquisition company (SPAC) — in a deal that will value the combined entity at $1.7 billion, the two companies announced Thursday. […]
