Americans lost $10.3 billion to a wide range of internet scams in 2020, the Federal Bureau of Investigation (FBI) said in its report released this month. During the same year, the FBI also found an increase in the use of […]
Korean gaming giant Wemade has partnered with Microsoft-backed Web3 data platform Space and Time. As part of the partnership, Wemade will leverage Space and Time’s decentralized suite of developer tools to power its blockchain and gaming services. Wemade is a […]
After a hugely successful launch of its ChatGpT in November, OpenAI today announced the launch of the latest version of its primary large language model, GPT-4. Unlike its predecessors, OpenAI said the new GPT-4 is a large multimodal model that […]
A Russian fighter jet downed a U.S. drone operating over the Black Sea on Tuesday, the US European Command said in a statement. Blaming a pair of Russian fighter jets for “reckless” maneuvers which resulted in the MQ-9 drone being […]
The collapse of Silicon Valley Bank (SVB) on Friday afternoon left venture capital firms, tech companies, and startups scrambling in uncertainty. Then over the weekend, the FDIC, Treasury, and the Federal Reserve stepped in to reassure depositors their cash is […]
Pfizer has acquired Seattle-based cancer treatment biotech firm Seagen for $43 billion. In an announcement on Monday, Pfizer CEO Albert Bourla said the acquisition will enable the pharmaceutical giant to deliver Seagen’s cancer therapy to the world “at a scale […]
Last week we wrote about Qualtrics after the survey software company received a $12.4 billion buyout offer from Silver Lake and Canada’s CPPIB. Today, Silver Lake and CPP Investments announced it plans to acquire Qualtrics for $12.5 billion, making it […]
Silicon Valley Bank (SVB) is the US’s 16th largest bank that mostly served venture capital firms and tech companies and startups, including some of Silicon Valley’s biggest names, such as Roku. With over 200 billion dollars of assets, Silicon Valley Bank […]
As the Silicon Valley Bank situation unravels by the hour, the US financial regulators announced Sunday night that depositors of the failed Silicon Valley Bank will have access to all of their money starting Monday, March 13 In a joint statement, […]
After losing billions of dollars on its ambitious metaverse project, Facebook’s parent company Meta is now setting its sight on Twitter. According to an exclusive report from Reuters, Meta Platforms is currently exploring plans to launch a new social media […]
Not sure how many of you have been paying attention to the entire YouTuber Logan Paul’s CryptoZoo drama. His CryptoZoo NFT project was a total mess but later he issued an apology to his fans and investigative reporter CoffeeZilla. But […]
Randy Nonnenberg is a 45-year-old entrepreneur and the co-founder of Bring a Trailer (BaT), an online platform and a community-based auction marketplace for buying and selling unique and rare vehicles. The site curates classic, collector, and enthusiast vehicles submitted by […]
New York’s attorney general Letitia James on Thursday sued KuCoin for failing to register with the state before allowing investors to buy and sell cryptocurrencies on its platform. The move is part of the state’s effort to rein in what […]
Popular video game chat community app Discord is the latest in a series of tech companies to jump into the generative AI bandwagon following the success of OpenAI ChatGPT. Discord announced on Thursday that it will roll out new artificial […]
German eVTOL startup Lilium Air Mobility announced Thursday it had reached a maximum speed of 250 kilometers per hour with a technology demonstrator for its unmanned flying air taxis. The 8-year-old company reached the threshold during the testing of the […]
Silvergate Capital, the crypto-focused bank at the center of the crypto industry crisis is finally shutting down its operations and liquidating after the market meltdown. In an announcement on Wednesday, Silvergate Bank said it will “voluntarily liquidate” its assets and […]
Unknown to many, the transportation sector is the largest domestic contributor to climate change. According to the US Department of Transportation (DOT), the U.S. transportation sector is responsible for more greenhouse gas emissions than any other sector of our economy. […]
Good evening! Below are some of the top tech startup news stories for today Wednesday, March 8, 2023. Apple backs Gamma, a music startup launched by one of its former executives A music startup created by a former Apple executive […]
Despite slow funding flow, cybersecurity tech startups continue to show signs of resilience to the effects of the economic slowdown that’s been impacting the overall tech sector. Global venture funding in cybersecurity startups rises in 2023 as companies look for […]
Good evening! Below are some of the top tech startup news stories for today Tuesday, March 7, 2023. U.S. bankruptcy judge approves Binance.US $1.3 billion deal for Voyager After a string of bad news from the SEC and New York […]
