As you may recall, PayPal announced in March the launch of “Checkout with Crypto” to enable PayPal customers in the U.S. to checkout with cryptocurrency alongside other payment methods in the PayPal wallet. At the time, the payment giant said it […]
In North America alone, the Rent-to-Own Industry is $8.5 billion, according to 2019 data from the Association of Progressive Rental Organizations, a nonprofit trade association advocating on behalf of the rent-to-own industry. The data includes dealers and companies that rent furniture, electronics, […]
In 2012, Tilt CEO James Beshara was named one of the 15 sharpest up-and-coming CEOs in Silicon Valley. Tilt (formerly Crowdtilt) was a crowdfunding company that allowed for groups and communities to collect, fundraise, or pool money online. The company was […]
Early this month, a Pfizer-funded study of 45,000 patients conducted over 6 months found there were 15 deaths in the vaccinated people versus 14 deaths in the unvaccinated. The highly-anticipated Pfizer’s safety and efficacy study of the BNT162b2 mRNA COVID-19 vaccine […]
According to an estimate from the World Bank data, global remittances were estimated to be about $702 billion in 2020, down from $719 billion in 2019. Of that total, $540 billion are expected to have flown into low and middle-income […]
For months, Pfizer and Moderna had advertised their covid vaccines as having efficacy rates of over 90% against Covid-19 after two doses. In a statement on its website, Pfizer said “Analysis of 927 confirmed symptomatic cases of COVID-19 demonstrates BNT162b2 is highly […]
Airlift, a Lahore, Pakistan-based transportation company has raised $85 million in the largest-ever funding round for a Pakistani startup. Co-led by Harry Stebbings’ 20 VC Explorer and Josh Buckley’s Buckley Ventures, the round is also the largest Series B ever raised by […]
The Taliban have seized U.S. military biometrics devices that could aid in the identification of Afghans who assisted coalition forces, according to a report from The Intercept, citing current and former military officials. As The Intercepts noted, the biometric devices […]
Larry Dean Harmon, the founder of darknet search engine Grams and the operator of a money transmitting business and money laundering service called Helix, pleaded guilty in a money-laundering scheme in which he promised to move more than $300 million worth of bitcoin to […]
In May, a study conducted by crypto exchange company Gemini found that 14% of American adults — roughly 21 million people — now own cryptocurrency. The sudden rise in crypto ownership coincided with Elon Musk’s appearance on Saturday Night Live (SNL) […]
SenseTime, the AI facial recognition startup that is used by the Chinese government to surveil its citizens, is planning for an up to $2 billion initial public offerings (IPO) in Hong Kong stock exchange as soon as the end of […]
No day goes by without headlines on cyberattacks. But we’re now beginning to see a different type of attack, this time the attack on cryptocurrency. This morning, Japanese cryptocurrency exchange Liquid said in a Twitter post that it has been […]
“Don’t be evil” is a phrase used in Google’s corporate code of conduct since the company’s inception over two decades ago. Then in 2018, Google quietly removed the phrase from its code of conduct. During that year, some Google employees left […]
Two years ago, we looked at Europe’s top-funded startups. Since our last story, thousands of European tech startups have been created, raising a collective of nearly $9 billion in disclosed equity funding as of October 8, 2019. Europe is also […]
Hackers strike again. On Monday, a hacker offered for sale personal data from T-Mobile customers. Now the phone carrier is confirming the hack. T-Mobile said this morning that an ongoing investigation into the attack on its systems found that some personal data […]
Did you know that 8% of the U.S. national debt was spent fighting a 2-decade-old war in Afghanistan? According to estimates from Brown University’s Costs of War Project, the United States has spent a total of at least $2.26 trillion […]
In April, Moloco became the first Korean startup in Silicon Valley to reach unicorn status. We featured Moloco back then after the programmatic ad tech startup founded by former Google engineers after it raised new funding for its mobile performance advertising platform. […]
Wish is an e-commerce shopping app and one of the largest and global eCommerce platforms online. We covered Wish.com late last year after the marketplace announced the launch of a $2 million fund to support independent, black-owned retail businesses across the US. The […]
In 2015, Tesla was losing more than $4,000 on every car sold. The company was burning through cash at an alarming rate that reminds us of the dot-com bubble. Tesla burned $359 million in cash in the second quarter as it battled […]
As you may recall, we featured Bitpanda back in March after the European cryptocurrency trading platform raised a $170 million Series B round to drive expansion and transform Europe’s financial industry. The round, which was led by Peter Thiel’s Valar Venture, pushed the company’s […]
