Cognizant Technology Solutions has reached a $95 million settlement deal to resolve a lawsuit brought by its investors accusing the New Jersey-based information technology services company of defrauding shareholders by concealing bribes to officials in India for facility permits. The shareholders […]
Over the past four years, we’ve been keeping track of the global top 500 unicorn startups with a valuation of $1 billion or more. Predictably, the United States accounts for more than half the valuation of all the global unicorns combined […]
New technologies like robotics and artificial intelligence (AI) have transformed every industry. However, the impacts of these technologies are more drastic in banking and financial markets where AI has forever changed the ways trading and investing are done. For example, […]
Just last month, Jack Dorsey’s payments company Square acquired Australian buy now pay later (BNPL) fintech company Afterpay for $29 billion. The acquisition brings together two of the fastest-growing global fintech companies to advance the shared mission of economic empowerment and financial […]
Over the past 18 months now, Dr. Anthony Fauci has vehemently denied his involvement in the funding of Gain-of-Function (GoF) research in Wuhan, China. Just two months ago, Dr. Fauci even screamed at a sitting U.S. Senator Rand Paul during a Senate […]
Web 1.0 is a term often used to describe the early days of the Internet. Then came Web 2.0, a set of next-generation Internet technologies that describes the current state of the web, which has more user-generated content and usability for end-users […]
One of the reasons for the slow adoption of electric vehicles is cost. According to a U.K survey, 37 percent of people say the most common reason for not buying an electric vehicle was a lack of fast charging points […]
Quantum computing has been around since the early 1980s when physicist Paul Benioff proposed a quantum mechanical model of the Turing machine. Unlike the conventional computers that store information using bits represented by 0s or 1s, quantum computers use quantum bits, […]
Before the 2020 coronavirus pandemic, many startups founders and entrepreneurs were planning to either start a business in China or move their product development to the country because of its lower cost of labor. While it’s true that China’s labor is cheaper […]
Over the past decade, we’ve seen the meteoric rise of Bitcoin from a worthless digital currency with zero value between Jan 2009 – Mar 2010 to its highest peak of $63,729.50 on April 13, 2021. As of May 2010, Bitcoin was still worth less […]
Early last month, Reddit raised $700 million in a fundraising round doubling the company’s valuation to $10 billion in just 6 months. There are now reports that the popular aggregation site with billions in monthly traffic might be planning to go public. […]
Corelight, a Silicon Valley-based tech startup founded by the creators of the Zeek open-source framework, today announced it has raised $75 million in Series D investment to fuel the acceleration of its global market presence and development of new data and cloud […]
Life is short. From the moment we enter this world to the time we leave it, we’re writing our story. One day, one milestone, one memory at a time. Even with our technological advancement, most people still don’t live up […]
Early this year, Elon Musk urged his 50 million Twitter followers to leave Facebook and use the secure messaging app Signal instead. It all started after a revelation that WhatsApp, a Facebook-owned app, began issuing a privacy update notification to users making […]
Vaccines have dominated national and global headlines for most of the past 18 months. However, as we’ve seen in countries like Israel and UK, the number of covid cases continues to rise. On Monday alone, Israel Health Ministry reported close […]
In June 2019, Voice made headlines after the Peter Thiel-backed crypto startup Block.one announced it bought the domain name Voice.com for $30 million, making it the most expensive (publicly announced) domain ever sold. The domain was sold by MicroStrategy, a Virginia-based tech company founded by the renowned […]
There’s a popular saying that goes something like this: “If You Can’t Innovate, Litigate.” On July 5, Amazon founder Jeff Bezos officially stepped down as CEO exactly 27 years after he founded the company that changed e-commerce and online shopping […]
Apple announces today that the first eight states that have signed up to let their citizens keep a digital version of their driver’s license on their iPhone Wall after a software update this fall. The eight states include Arizona, Connecticut, Georgia, Iowa, […]
In 2019, CNBC wrote a piece about unprofitable companies worth more than $50 billion. At the top of the list of what CNBC described as an “ugly but exclusive club” is Uber, a company that has never made a profit […]
With growing awareness of global warming and the harmful effects of pollution and emissions on the environment, many in urban areas are now switching to electric bikes (e-bikes) as one of the ways to combat global warming and climate change. […]
