Noom, a New York-based health tech startup and the operator of the popular weight loss app, has hired investment bank Goldman Sachs to lead its preparations for an initial public offering (IPO), according to a report from Reuters, citing people […]
Over the weekend, Kaseya IT management software, a tool commonly used in Managed Service Provider (MSP) environments, was reportedly hit by the REvil ransomware attack, a ransomware hacker group believed to operate out of Russia. As we reported on Monday, the initial […]
So, it begins! You’re now a national security threat if you object to door-to-door vaccines, according to Dan Primack, a business editor at Axios. As we reported yesterday, Biden says the government will now be going door-to-door to Americans who have not […]
Early this year, the internet erupted when Bill Gates called on all the rich countries to change entirely to 100% lab-grown meat to save the planet from climate change disasters. Americans love beef and most don’t want to give up their […]
Just two days ago, China was reportedly in talks to acquire UK’s largest and last remaining advanced chip factory in England through a Chinese-owned Dutch company Nexperia. It was part of China’s plan to dominate the semiconductor market as the semiconductor shortage […]
The red-hot Special purpose acquisition companies (SPACs) market continues to grow with no sign of slowing down. So far this year, there are more than 362 SPAC IPOs of the 463 IPOs, a 70 percent increase, according to data from […]
For many years, tech startups have seen a steady inflow of funding from global investors. Tech Startups’ analysis of data from Statista and Pitchbook shows a number of major categories — including internet, healthcare, and fintech blockchain (especially NFT) — are some […]
It’s a day after the July 4th holiday, and that means the market is open, and Wall Street is more than busy with onslaughts of new IPOs. One of the new IPOs we’ve been watching for over two years is Blend […]
The new space age is emerging and the extraordinary opportunities in space depend on the transportation systems from Earth to Space. Today, space tourism is still for the extra rich. Going to space comes with a hefty price tag of […]
Yes Lender, a King Of Prussia, Pennsylvania-based fintech startup today announced it has acquired Edge Funder to create an AI-powered funding portal for small businesses. The total amount of the transaction was not disclosed. The New York-based Edge Funder is an invite-only platform that provides […]
Europe’s startup space is heating up as investors and governments poured billions to bolster FinTech startups on the continent. Europe is now home to the world’s 720 unicorn startups with Klarna on top as Europe’s most valuable tech startup at $45.6 billion. […]
Amazon founder and CEO Jeff Bezos officially stepped down today as CEO exactly 27 years after he founded the company that changed e-commerce and online shopping forever. Former AWS executive Andy Jassy has taken over as the CEO of the […]
Another day, another cyberattack. SolarWinds, Colonial pipeline, JBS meat processing, Cyber Polygon, and now Kaseya. With no one to stop them, cyber attackers are now roaming freely across the internet wreaking havoc on mostly American companies. As Americans celebrated Independence Day, the notorious […]
According to the Experian Consumer Credit Review, the average American has up to four credit cards on them at any given moment. When you consider the mountains of loyalty cards, reward programs, and discount coupons that individuals carry, it’s no […]
Mircea Popescu, a 41-year-old Romanian bitcoin billionaire and founder of the MPEx exchange, has died following a drowning incident off the coast of Costa Rica near Playa Hermosa, according to a report from a local news outlet Teletica. “As confirmed by the […]
While you would think that increased competition in the FinTech space would drive down transaction costs for digital payments, PayPal thinks it’s big enough to jack up its fees without regard to how the decision might affect its customers. Last week, […]
We wrote about DiDi Chuxing yesterday before the Chinese ride-sharing startup made its official debut at the New York Stock Exchange. As we reported, instead of the planned 288 million shares, DiDi sold 316.8 million American Depository Shares (ADS) at $14 apiece, […]
ION Energy, a Mumbai, India-based energy-tech startup said today it has raised $3.6 million in Pre-Series A funding to grow its team and invest in product development and expand the software business in North America and Europe. Backers in this round […]
Remember Robinhood, an online broker and free-trading app that restricted thousands of retail investors from trading Dogecoin back in April? The company’s past always is now catching up with the founders. Today, U.S. financial regulator, the Financial Industry Regulatory Authority (FINRA), has […]
Over the past three decades, the price of lithium-ion batteries has declined by 97 percent. For example, a battery with a capacity of one kilowatt-hour that used to cost $7, 500 in 1991, fell as low as $181 in 2018. […]
