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 […]
Cardiovascular disease is the leading cause of morbidity and mortality in the United States. It is also the leading cause of mortality in the world, with an estimated 17 million deaths each year. To provide treatment for this deadly disease, Oxford, England-based HealthTech […]
Treliant, a Washington, DC-based Treliant regulatory and compliance consulting firm announced today it has acquired Vox Financial Partners (Vox) to strengthen its capital markets capabilities and expand its footprint into Europe. The total amount of the deal was not disclosed. The transaction […]
Gelato, a Norwegian software tech startup today announced it has secured $240 million in new funding from Goldman Sachs Group Inc. and SoftBank Group Corp. in a deal that values the 14-year old startup at just over $1 billion, making it a […]
Last year, a federal jury ruled that Apple owed $506 million for infringing Plano, Texas-based Optis, PanOptis Patent Management, and Unwired Planet’s LTE patents with technology found in its iPhone and other LTE-capable products. A year later, a federal jury on Friday […]
Just four days after President Biden said the Afghan national army is more than capable and trained to fight and defend themselves, the Taliban entered the presidential palace in Kabul after President Ashraf Ghani left the country. President Ghani fled Afghanistan for […]
Dogecoin, a cryptocurrency that started as a joke eight years ago, has now become the world’s most valuable joke coin. Dogecoin was founded by Jackson Palmer in December 2013 based on the popular “Doge” meme to poke fun at Bitcoin knockoffs also […]
