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 […]
In recent years, tech companies have been busy working on a variety of ways to prevent and avoid death — including uploading the human brain to a computer. However, there is still no disruptive technology out there that prevents humans […]
Crypto investors may be in for a very dark winter if a recent warning from Elon Musk is to be believed. Just two days ago, Elon Musk said the U.S. government should not be in the business of regulating cryptocurrencies as […]
With billions of people now on Instagram, Twitter, and YouTube, the shift from public to private networks is undeniable. And that’s why this new tech startup has seen phenomenal success as thousands of users turn to its new camera app. Lapse […]
Shanzhai is a Chinese term that literally means “mountain fortress” or “mountain village.” But the contemporary use of the term usually encompasses counterfeit, imitation, or pirated products, which can involve the imitation and trademark infringement of brands and companies. You […]
The amount of data created every day is exploding at an exponential rate. According to estimates, an incredible 2.5 quintillion bytes of data are created every day with 90% of the world’s data created in the last two years alone. […]
There is a wave of optimism in post-pandemic Africa. The recent coronavirus pandemic and China’s repression of Uyghurs in Xinjiang have led to a momentous shift in people’s attitudes toward China. Investors are beginning to move away from the communist country to business-friendly countries […]
As you may recall in June Mark Cuban called for cryptocurrency regulation in the U.S after he lost money trading a DeFi token TITAN. The token is linked to fintech startup Iron Finance, a group that runs the wider IRON Stablecoin […]
