In the United States, The average bank interest rate for interest checking accounts is a meager 0.03%. Savings accounts aren’t any better either. The average savings account rate is currently 0.06%, while the average money market account interest rate is 0.09%. Considering […]
Pharmaceutical giant Pfizer announced on Monday it has agreed to buy Canadian drug developer Trillium Therapeutics in a deal valued at $2.26 billion to strengthen its arsenal of blood cancer therapies. According to the announcement, Pfizer will pay $18.50 for […]
SoftBank Group’s Vision Fund is the world’s largest technology-focused venture capital fund with over $100 billion in assets. Since its inception 39 years ago, the Japanese giant has invested billions of dollars in technology startups around the world, except in […]
The Food and Drug Administration (FDA) has granted full approval to Pfizer-BioNTech coronavirus vaccine wins full FDA approval, according to a report from The Washington Post, citing two individuals with direct knowledge of the decision. “Federal regulators Monday granted full […]
Adobe announced Thursday that it plans to acquire video workflow startup Frame.io for $1.275 billion. Frame.io is a maker of cloud-based software that enables multiple people to provide input on videos. The acquisition is expected to close during the fourth quarter of Adobe’s 2021 […]
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 […]
