There’s a lot of buzz about edge computing in recent years. Edge computing is a distributed computing framework that brings enterprise applications closer to data sources such as IoT devices or local edge servers. But one aspect of edge computing that receives […]
New York tech startups have seen a jump in funding activity since the beginning of the year. In 2020 alone, venture-capital firms pumped $5.8 billion into New York City enterprise-technology startups, with startups developing cybersecurity, robotics artificial intelligence, and machine […]
In August 2020, we wrote about Bill Gates after an unearthed video showed him talking about using new vaccines for population control. However, it didn’t take long before the fact-checkers called the video misinformation and fake news. Fast forward a little […]
On January 7, Elon Musk became the world’s richest person with a net worth of more than $185 billion, surpassing Amazon founder Jeff Bezos. But it didn’t take long Bezos reclaimed his title as the world’s richest person after he leapfrogged […]
Over the years, the growing complexities of first and last-mile delivery often shift the focus away from middle-mile delivery operations. As the name implies, middle mile delivery or middle mile logistics is the shipment of goods and parcels from a […]
The growing popularity of cryptocurrencies and NFTs has led to the creation of the new creator economy. In 2021 alone, the creator economy has seen a record $1.3B in funding, according to CB Insights. During the same time, we’ve also seen […]
In late August, China warned Taiwan that the United States’ withdrawal from Afghanistan is a lesson that the US “won’t help” Taiwan if war breaks out between the two nations. The Chinese’s state-run Global Times newspaper warned Taiwan that the US […]
Emmy winner and hair and makeup artist Marc Pilcher died of COVID-19 on Sunday at the age of 53. Pilcher was double vaccinated and had no underlying health conditions, according to a report from New York Post, citing his agency […]
In 2017, JPMorgan CEO Jamie Dimon took a shot at Bitcoin, saying the world’s most popular cryptocurrency “is a fraud.” At a gathering hosted by Barclays in New York, Dimon said, “It’s just not a real thing, eventually it will be closed.” […]
Summit Partners, a global alternative investment firm, announced today it has raised $8.35 billion for its latest flagship U.S. growth equity fund. The Summit Partners Growth Equity Fund XI was launched in June 2021. Summit said the latest fund will target minority […]
What started last Friday as one of the largest Decentralized Finance (DeFi) bugs in history is now turning out to be bigger than what everyone had originally anticipated. Last Friday, Compound Labs, a popular decentralized-finance staking protocol, reported that about $90 […]
Qualcomm and investment firm SSW Partners announced on Monday they had reached a deal to buy Swedish company Veoneer for $4.5 billion in cash, according to news first reported by Reuters. Founded just three years ago, Veoneer is an American Swedish […]
In June, El Salvador became the first country in the world to adopt bitcoin as legal tender alongside the US dollar. Even though the initial nationwide rollout hit a bumpy road due to some technical issues, many observers still called it a […]
Former U.S. Vice President Al Gore has invested $600 million of equity in U.K. energy tech startup Octopus Energy Group. The funding, which valued the company at $4.6 billion, was made via Al Gore’s investment firm Generation Investment Management. As […]
The UK food industry, already stressed from supply chain woes and labor shortages due to Brexit and the covid pandemic, is now under even more pressure due to the lack of carbon dioxide (CO2). Yes, you read it right–lack of […]
In 2020, the global GDP amounted to about $84.54 trillion, according to data from research firm Statista. On the other hand, the global B2B eCommerce market was estimated to be $12.2 trillion in 2019, which is over 6 times that […]
As you may recall, we reported last week that Indian hotel chain Oyo, a SoftBank-backed Indian hospitality startup was planning for an initial public offering (IPO) this week to raise around $1 billion. The day has finally come and we […]
In September 1859, the first recorded solar storm, also known as a Coronal Mass Ejection (CME), hit the United States. Known as the Carrington Event, the solar storm caused widespread telegraph problems. If the same Carrington-scale event were to hit the United […]
Foxconn Technology Group (Foxconn), a Taiwan-based company and the world’s largest electronics manufacturer, is nearing a deal to buy the electric truck startup Lordstown Motors’ Ohio plant, according to a report from Bloomberg, citing people familiar with the matter. The […]
On Tuesday, SpaceX CEO Elon Musk took a jab at Jeff Bezos during an interview, saying, “you can’t sue your way to the moon.” Blue Origin, a space company founded by Amazon founder Jeff Bezos, sued NASA in August after the agency […]
