German publisher Axel Springer announced Thursday that it is buying the digital media site Politico. The two companies did not disclose the exact price of the deal, but early reports value it at about $1 billion. The Virginia-based Politico is […]
Xiaomi said Wednesday that it had acquired autonomous driving tech startup Deepmotion for about $77.37 million as it aims to expand into the crowded electric vehicle market. Xiaomi said the acquisition will “enhance the technological competitiveness” of its nascent electric vehicle business and move […]
Abtrace, a London, UK-based healthtech startup, announced today it has raised £2.1 million in seed funding to transform how chronic and long-term health conditions are detected, monitored, and treated. This round was led by the Lisbon-based VC fund Faber, with participation […]
In recent days, the FDA approval of Pfizer vaccines and vaccine mandates by employers and other organizations have managed to suck the oxygen out of the 24-hour news cycle. However, while vaccines and therapeutics play major roles in combating the deadly covid-19, what’s […]
As you may recall, we reported in the middle of last year when Google-backed drone startup Wing delivered library books so kids in Virginia can keep reading during the summer. At the time, Wing partnered with Kelly Passek, a middle school […]
It’s perhaps fair to say that AI and machine learning still occupy the realm of science-fiction within our minds, yet there’s a strong chance that something using artificial intelligence already exists in most of our homes. Voice assistants like Siri […]
Back in April, Taiwan told the world that 25 Chinese Air Force warplanes breached its airspace and defense zone in just a day. The incursion into Taiwan’s airspace took place months before the United States decided to pull out of […]
ICON, an Austin, Texas-based construction tech startup using 3D printing robotics to build homes, said today announced it has closed a $207 million Series B round of funding to accelerate growth and meet the growing demand for 3D-printed construction. In conjunction with […]
In just a century, technology and scientific discoveries have forever changed our ways of life. From penicillin to genome editing to CRISPR, billions of people around the world now have access to life-prolonging drugs and vaccines. However, these breakthroughs did not […]
Earlier this year, we made a prediction that non-fungible token (NFT) is one of those tech fads that will soon fade away with time. As it turns out, we were wrong–NFT is here to stay. Since our last piece, NFT […]
Isreal is one of the most vaccinated countries on earth. But the crisis in the ultra-vaxxed Jewish nation deepens as Israel passes 1 million total COVID cases. At this point, the question many are asking is: Can vaccine alone save […]
In recent months, Google has been facing a fast and furious pace of lawsuits and antitrust scrutiny. In the second quarter alone, the search giant faced its highest volume of regulatory pressure from lawsuits, which alleges it abuses monopoly power while […]
In 2015, China was banned from the International Space Station due to human rights issues and national security concerns. China later decided to build its own Space Station called Tiangong. The core of the space station was launched in April 2020. In […]
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, […]
